Oil Search Suspended From Raising New Capital
Oil Search Limited says it will challenge a decision by the Securities Commission that disallows the company from raising new capital. Oil Search says it...
Tag : PNG Resources
Porgera Decision Criticized by Namah
The decision to nationalise the Porgera Mine has been criticised by Opposition Leader Belden Namah. Namah says there is uncertainty behind the decision by Prime...
Porgera Gold Mine Temporarily Shut
The Barrick owned Porgera Gold Mine operations were temporarily suspended as of yesterday, after the National Government’s decision not to extend its Special Mining Lease....
Environment and Conservation Targeting 10 million Trees Campaign
A nationwide campaign to plant ten million trees over the next 10 years has been announced. Environment and Conservation Minister Wera Mori says this campaign...
Royalty Payments Issue Raised in Parliament
The issue of royalty payments for Resource project landowners has again been raise on the Floor of Parliament. Gulf Governor Chris Haiveta, in a series...
Lihir MOA Fast-tracked
Having recently visited New Ireland province Prime Minister James Marape has been informed that the Memorandum of Agreement for the Lihir mine is up for...
Mapare Visits New Ireland
Prime Minister James Marape engaged in series of heart-to-heart conversations with the people of New Ireland during his three-day visit to Kavieng, Lihir and Namatanai....
Energy Sector under Scrutiny
With the constant black out the question of improving the PNG energy sector has never been under such scrutiny until now. State Enterprise Minister Sasindran...
Mining Opportunities Abound
Against a backdrop of a tough economic climate, there is still optimism that the extractive resource sector can provide opportunities for development. Whilst traditionally much...
PM: Don’t Forget Landowners
Prime Minister James Marape today reminded resource developers, not to forget the landowners when sharing benefits. He was speaking during the opening of the 2019...