The future of the proposed new gold mine on Papua New Guinea’s Woodlark Island remains in question, as Geopacific Resources looks to reset expectations surrounding the project and explores the possibility of a ‘corporate or asset-level’ sale.
Geopacific Resources to review the future of Woodlark gold project
Welcome,
1 Jun 2022 by Leave a Comment
In brief: Tourists to return to Papua New Guinea
Welcome,
14 Feb 2022 by Leave a Comment
Tourists can now come into PNG again following a major change to Papua New Guinea’s pandemic measures, NICTA clarifies potential price reductions and licence for Feni Island project is renewed. The business news you need today.
In brief: Santos submits application for Oil Search merger to ICCC and other business stories
Welcome,
17 Nov 2021 by Leave a Comment
Santos and Oil Search merger now in the hands of the ICCC, DataCo reduces wholesale prices by 66 per cent for metro fibre connectivity services, and Treasurer Ling-Stuckey receives report on the Central Bank Act 2000 review. The business news you need to know.
Geopacific Resources’ ‘phenomenal’ Woodlark project to produce gold within 18 months
Welcome,
14 Jul 2021 by Leave a Comment
Australian miner Geopacific Resources has secured funding to develop the gold mine on Papua New Guinea’s Woodlark Island in Papua New Guinea’s Milne Bay Province. Business Advantage PNG spoke exclusively to Chairman Ian Clyne and CEO Tim Richards about their expectations for the project.
In brief: Newcrest revises Wafi-Golpu plan, and other business stories
Welcome,
20 Mar 2018 by 2 Comments
Newcrest plans larger development at Wafi-Golpu, O’Neill confident Papua New Guinea will recover from quake and loan to cover government superannuation debt. Your weekly digest of the latest business news.
In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories
Welcome,
9 Jul 2014 by Leave a Comment
The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.
People moves: executive moves and changes relevant to Papua New Guinea
Welcome,
20 Feb 2013 by
New CEO at Air Niugini Simon Foo has been appointed acting Chief Executive Officer of Air Niugini Limited (ANL) following the departure of Wasantha Kumarasiri. Foo is a current ANL board member and a former senior executive with the airline. Former Mining Minister joins Woodlark board Sam Akoitai, Papua New Guinea’s Minister for Mining from 2002 to […]
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments