The President of the Australia–Papua New Guinea Business Council says his members have expressed concern to Prime Minister they are unable to source enough foreign currency.
Papua New Guinea Business Council members concerned at lack of foreign currency
Welcome,
24 Mar 2015 by 1 Comment
Wafi-Golpu project set for production by end of decade
Welcome,
11 Feb 2015 by
The Wafi-Golpu gold-copper project in Morobe Province is a bright spot in an otherwise tight mining environment. The Morobe Mining Joint Venture partners believe it will be one of the world’s lowest cost gold projects, and expects production to begin in 2020.
Newcrest Mining to ‘simplify’ Papua New Guinea mining operations
Welcome,
11 Jun 2013 by
Newcrest Mining has revealed it is aiming to ‘simplify’ operations at the Lihir and Hidden Valley gold mines in Papua New Guinea, after writing down the value of its mines in PNG, Australia and Africa by AUD$6 billion (K12.6 billion).
Harmony/Newcrest to cut costs
Welcome,
8 May 2013 by
Gold miners Newcrest Mining and Harmony Gold report are reviewing capital expenditure at their two joint venture projects in Papua New Guinea because of weak gold prices.
USD 0.2594
AUD 0.383
GBP 0.1999
EUR 0.2381
NZD 0.4255
JPY 40.98
SGD 0.3482
Recent readers’ comments