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Port Moresby
August 2, 2021
Business News

Prime Minister O’Neill positive on mining meet outcomes

by Neville Choi – EM TV, Port Moresby 

Heads of mining and mineral companies, decision makers in Papua New Guinea and potential investors, will all converge at Sydney’s Hilton Hotel for the 13th Mining and Petroleum Investment Conference starting tomorrow.

Prime Minister, Peter O’Neill will be officiating at the conference, and is positive about discussions on PNG’s mining status and future.

He feels PNG could benefit greatly from further exploits into its resource sector.

This, despite global projections that PNG’s mineral sector will reach unprecented levels over the next three to five years. 

Prime Minister Peter O’Neill sees this year’s conference, as one of the very few times that PNG has, to showcase itself, to solidify its economic future.

“The mining conference that is going to be held in Sydney, is an important occasion for Papua New Guinea to showcase our opportunity, to come and invest in the petroleum and mining sector,” The PM Says.

It is a regular event, and most, nearly all of the country’s current mining and petroleum projects have been spawned at this event.

It’s a meet that shows PNG decision makers, whose interested in doing business in the country, and how much, in investment kin

Despite a larger funding focus on Tourism and Agriculture as the country’s lead renewable sectors, the push for more investment in the mining and mineral sector, could see some major announcements expected at this year’s

https://youtube.com/watch?v=fmkqZIjXSNs%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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