Business
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In brief: Newcrest Mining reports drop in gold production and other business stories
Newcrest Mining reports drop in gold production, claims tourism can make strong contribution to Papua New Guinea economy, and reports…
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Oil prices recover and coffee and cocoa up: a monthly review of Papua New Guinea’s commodity and financial markets
Oil prices have recovered and coffee and cocoa are strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity…
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Global mining major needed to re-open Bougainville’s Panguna copper mine?
Moves to re-open the Panguna copper mine on Bougainville are gathering momentum. Funding the re-opening is a key concern, however,…
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Simulated gas processing plant for Papua New Guinea’s oil and gas training academy
A simulated gas processing plant has arrived in Port Moresby for use at the Kumul Petroleum Academy, an institution tasked…
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In brief: Total to build separate LNG pipeline, and other business stories
Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and…
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Oil extends gains as Saudi pledges export curbs
In a ministerial meeting in St. Petersburg on Monday, Saudi Energy Minister Khalid al-Falih said the Organization of the Petroleum…
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Visa beats profit estimates, lifts earnings forecast
Visa, which generates revenue by facilitating credit- and debit-card transactions, has benefited from increased consumer spending in the United States…
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Duffy’s prepares to take Papua New Guinea coffee to China
Five years after opening the first of three Duffy’s cafés in Port Moresby, owner and entrepreneur Travers Chue is preparing…
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Amazon up ahead of Prime Day, new service hits Best Buy
Image: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol…
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Oil prices drop 3 percent on rising global supplies
Image: A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the…
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