Day: May 4, 2022
Mining exports dip in ’20
By DALE LUMA MINING exports fell from K15.6 billion in 2019 to K13 billion in 2020 due to the Coronavirus (Covid-19)-induced closure of Porgera gold mine in Enga. Mineral Resources […]
Feed study for Simberi sulphide project nearly complete
THE front end engineering and design (Feed) study for the Simberi sulphide project in New Ireland is nearing completion. According to St Barbara Simberi’s March quarter report, significant increases in […]
Foreign reserves down: BPNG
THE country’s foreign reserves fell by K209.45 million at March 31 from last Dec 31 figures, according to the Bank of PNG (BPNG). Acting governor Benny Popoitai in BPNG’s quarterly […]
WNB govt continues subsidy
THE West New Britain provincial government has continued its Public Motor Vehicle (PMV) subsidy arrangement with the Motor Vehicle insurance Ltd (MVIL). In Port Moresby yesterday, MVIL chief operating officer […]
‘Wafi-Golpu equity, royalty shares being discussed’
THE Government and project developers for the K18.5 billion Wafi-Golpu project in Morobe are yet to agree on equity and royalty shares, Mineral Resource Authority (MRA) managing director Jerry Garry […]
Mineral Resources Enga yet to sign off on agreement: MRA
THE multi-billion Kina Porgera gold mine in Enga is yet to resume because Mineral Resources Enga (MRE) is yet to sign off on the shareholders agreement, according to the Mineral […]
Ralda: MSMEs should get seed money after training
MICRO-SMALL and Medium Enterprise (MSME) should be given seed capital after receiving financial literacy training, Small and Medium Enterprise Corporation (SMEC) managing-director Petrus Ralda says. “It is our wish and […]
PNGRFL praises tier-two comp
THE Highlands, New Guinea Islands and Northern Confederations have been urged to follow Southern’s lead by each establishing a regional tier-two competition as a pathway for raw talents across the […]
Team Morobe happy with outing despite setbacks
By SULI SULI THE Morobe Amateur Boxing Association claimed five awards in the national championships in Mumeng, Bulolo, Morobe, last weekend. Association boxer Paul Korerua was awarded gold in the […]
Mioks remain optimistic
By PARKER TAMBUA ENGA Mioks say Sunday’s 20-14 win over Hela Wigmen will boost their confidence as they continue their premiership surge in the Digicel Cup this season. Coach Billy […]