Category: Business
Werror reveals Ok Tedi’s mine life will extend to 2032
OK Tedi’s mine life will extend for another three years from 2029 to 2032 with an uplift in value of US$3.7 billion (about K12.97 billion), chief executive officer and managing […]
Gas project to bring in K8bil
By DALE LUMA THE Pasca A oil and gas project in the Gulf of Papua is expected to bring in over K8.6 billion in direct revenue to the country over […]
Fortescue exec arrives to discuss project
FORTESCUE Future Industries (FFI) chief executive officer Julie Shuttleworth is in the country to meet with stakeholders, visit the newly established FFI Purari hydropower project camp in Wabo, Gulf, and […]
Consultation key, MP says
THERE must be a full resource industry wide consultation before the Government makes decisions on projects, says former deputy prime minister Charles Abel. He said this in Port Moresby yesterday […]
Santos considering listing on PNG Stock Exchange: CEO
By SHIRLEY MAULUDU SANTOS Ltd may consider listing on the PNG National Stock Exchange (PNGX), according to the company. Managing director and chief executive officer Kavin Gallagher said Santos was […]
Clan-vetting issues held back funds: Exec
By DALE LUMA SUBSTANTIAL landowner money have been sitting in trust with the Bank of Papua New Guinea (BPNG) and the Mineral Resources Development Company (MRDC) because of clan-vetting issues, […]
Aust to ensure trade continues
By DALE LUMA THE Australian government will continue to work with Papua New Guinea to reopen borders normalise business and trade, Australian minister for international development and the Pacific senator […]
K150,000 boost to revive coffee growing
By PETER ESILA A COFFEE company in remote Menyamya, Morobe, has received a K150,000 in funding support from the Government to help revive coffee growing and buying in the district. […]
Early Christmas gift for Christopher
CITY Pharmacy Ltd (CPL) group, has announced the first major prize winner for its Christmas Scratch-to-Win competition. Christopher Atbo, 33, from the East Sepik scratched the winning card on a […]
Marape to investors: Try PNG
By DALE LUMA PRIME Minister James Marape has told potential investors in the extractive industry that Papua New Guinea remains an investment destination. He told the 2021 PNG Mining and […]