Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.
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In brief: Power workers delay strike action for a week, and other business stories
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Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Cocoa Board of PNG, Felda Global Ventures Holdings Bhd, Glencore, Institute of National Affairs, Nauru, New Britain Palm Oil (NBPOL), Newmont Corporation (formerly Newcrest), Pacific Islands Forum, People’s Micro Bank, Rio Tinto, Secretariat of the Pacific Community, Sime Darby, St Barbara Ltd, Total SA, Wilmar International
In brief: K2 billion boost for roads and bridges, and other business stories
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27 Aug 2014 by Business Advantage PNG
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
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Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Crater Gold Mining, InterOil Corporation, MiBank, Oil Search Ltd, PNG LNG, Santos, St Barbara Ltd, Steamships, WCB Resources
People moves: St Barbara, PNG government
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25 Jun 2014 by Business Advantage PNG
Filed Under: Latest news, News, People moves Tagged With: St Barbara Ltd
People moves: St Barbara, PNG Government
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Filed Under: Latest news, News, People moves Tagged With: St Barbara Ltd
In brief: O’Neill to outlaw Special Agricultural Business Leases and other business stories
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In brief: Emergency declared in Porgera over illegal mining and other business stories
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In brief: Boost for roads and agriculture, tax review paper released, rubber production halts
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World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.
Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Bougainville Copper Ltd (BCL), City Pharmacy Ltd (CPL) Group, Gold Ridge gold mine, Horizon Oil, Kina Asset Management Limited (KAML), North Fly Rubber Ltd, Oil Search Ltd, One Hundred Sands Ltd, Papua New Guinea Sustainable Development Program (PNGSDP), St Barbara Ltd, World Bank
Simberi owner St Barbara posts AUD$192 million loss
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29 Aug 2013 by Business Advantage PNG
ASX-listed gold producer, St Barbara Ltd, which owns the Simberi mine in Papua New Guinea’s New Ireland, has posted a full-year net loss of AUD$192 million (K409 million), due primarily to a lower gold price.
Filed Under: Latest news, Mining/petroleum, News Tagged With: gold, Gold Ridge gold mine, Simberi gold mine, Solomon Islands, St Barbara Ltd
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