Signs of resources recovery with investment interest; Frieda River project faces obstacles; Wafi-Golpu's 30-year project; What Digicel's new CEO wants to do.

PNG Business Update

December 14, 2016

Notice to subscribers

This is the last 'PNG Update' for 2016

Our weekly email will resume on Wednesday, 18 January, 2017. Thanks to all our subscribers, advertisers and interviewees for helping to make us PNG's leading business magazine. We would like to wish our thousands of subscribers, in PNG and around the world, a happy and safe festive season and prosperous 2017. To keep up-to-date over the holiday period, please visit our website, or follow us on Twitter, Facebook or LinkedIn.

Latest news

Signs of recovery as big money shows interest in large resource projects 

Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, from KPMG, Australia. Read on...

Frieda River project still faces obstacles, says MD Fred Hess

frieda riverPanAust is keen to start development of the Frieda River copper gold project, Managing Director Fred Hess told the PNG Mining and Petroleum Investment Conference in Sydney. But the decision has not yet been made to go ahead. Read on... 

Wafi-Golpu mine could operate for over three decades, says project director Bryan Bailie

wafi-golpuThe Wafi-Golpu project can be 'multi-generational' according to Bryan Bailie, Executive Project Director of the Wafi-Golpu Joint Venture. The intention is to roll out the project in stages. Read on... 


Brett Goschen, Digital PNG's Chief Executive Officer 

goshenBoosting data speeds and widening broadband coverage are the aims of Digicel's incoming Chief Executive Officer, Brett Goschen. Read on... 

png conf

In brief

BSP Chairman says dual listing on ASX 'speculative', and other PNG business news

briefPapua New Guinea's largest bank reportedly considers dual listing, ADB outlook for PNG 'positive', and Santos restructures. Your weekly digest of the latest business news. Read on...

People moves

ANZ Bank, Santos, Nautilus Minerals, Digicel

peopleA new senior appointment at the ANZ, Santos appoints VP to manage non-core assets, Nautilus board member resigns, promotion for Digicel PNG's Marketing Manager. Read on...

Business Connect

Celebrate the festive season with a luxurious stay at Airways 

buffetIndulge in our festive room offer, with a lavish buffet breakfast and sensational views. Treat yourself to an exquisite experience over the holidays. Read on...
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