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Sunday
21 December 2014
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   TODAY'S STORIES
 
OIL AND GAS 
Former BP exec joins Interoil board


INTEROIL has appointed Katherine Hirschfeld, a former Australasian BP oil and gas executive, to its board, effective on January 1 next year.
Full Story...


MORE OIL AND GAS

PNG 2015’s ‘hot spot’


Horizon kicks off drilling


Roc Oil share register change


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MINING 
Mining starts at Crater


CRATER Gold Mining has become Papua New Guinea’s newest gold miner after starting operations at Crater Mountain.
Full Story...


MORE MINING

Highlands looks into PNG joint venture


WCB on the money with Misima results


New board appointee for Foyson


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MARKET WATCH 
Gold on rise, copper still shaky


The price of spot gold has bounced back from a two-week low on signs of rising Chinese demand.
Full Story...


MORE MARKET WATCH

Daewoo tells PM of plans to expand in PNG


Gold stays steady in 2014


Lae port upgrade on schedule


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PROJECT WATCH 
Shipbuilding contract signed for Nautilus


MARINE Assets Corporation has entered into a ship building contract with Fujian Mawei Shipbuilding for the vessel which will be deployed at the world’s first commercial seafloor copper-gold mine.
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MORE PROJECT WATCH

Santos takeover fears


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COMPANY WATCH 
Santos shares dip after credit rating cut


SANTOS shares were down 8% in this morning’s trade in response to Standard & Poor’s credit rating downgrade yesterday.
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MORE COMPANY WATCH

NGE bonds to cover interest


Indochine legal action


Coppermoly in trading halt


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REGIONAL WATCH 
Troubled Gold Ridge mine inching closer to an overflow


ST BARBARA has issued fresh warnings to locals near the Gold Ridge mine in the Solomon Islands and says the project’s tailings facility is still at risk of overflowing.
Full Story...


MORE REGIONAL WATCH

Exports, senate impact MYEFO


Nido looking forward to shake-out


NT pushes Timor-Leste business links


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ECONOMY 
Daewoo tells PM of plans to expand in PNG


DAEWOO International has indicated its enthusiasm to expand operations in Papua New Guinea in a meeting with the country’s Prime Minister and Minister for Public Enterprise and State Investment on Wednesday.
Full Story...


MORE ECONOMY

Gold stays steady in 2014


Lae port upgrade on schedule


Happy days as Bougainville airport reopens


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PNG LNG 
GLNG budget blowout flagged


MACQUARIE Wealth Management has maintained an outperform rating on Santos shares despite its reservations about the full costs of completing the Gladstone LNG project and the “disappointing guidance” unveiled this week.
Full Story...


MORE PNG LNG

Date set for leadership tribunal


'Big opportunity’ for PNG sovereign wealth fund


Santos takeover fears


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Gold on rise, copper still shaky


The price of spot gold has bounced back from a two-week low on signs of rising Chinese demand.
Full Story...


Daewoo tells PM of plans to expand in PNG


DAEWOO International has indicated its enthusiasm to expand operations in Papua New Guinea in a meeting with the country’s Prime Minister and Minister for Public Enterprise and State Investment on Wednesday.
Full Story...


Gold stays steady in 2014


THE price of gold remained stable in 2014 in the face of significant political and economic turmoil according to the ANZ’s latest gold market report.
Full Story...

Lae port upgrade on schedule


PHASE one of Lae’s port upgrade has been completed, which the Asian Development Bank said would boost safety and increase cargo-handling capacity.
Full Story...


Australia to help fund schools, education


BOOKS and school kits will be provided to expand education in Papua New Guinea’s highlands, said Foreign Minister Julie Bishop.
Full Story...


Mining starts at Crater


CRATER Gold Mining has become Papua New Guinea’s newest gold miner after starting operations at Crater Mountain.
Full Story...


Former BP exec joins Interoil board


INTEROIL has appointed Katherine Hirschfeld, a former Australasian BP oil and gas executive, to its board, effective on January 1 next year.
Full Story...


Highlands looks into PNG joint venture


HIGHLANDS Pacific and international trading house Sojitz Group have signed a series of agreements which will see Sojitz fund exploration at Highlands’ Sewa Bay nickel tenement in Papua New Guinea.
Full Story...


Maritime security focus for defence ministers


SHARED maritime security and next year’s defence cooperation were high on the agenda when the Australian and Papua New Guinean defence ministers met in Port Moresby on Monday.
Full Story...


Troubled Gold Ridge mine inching closer to an overflow


ST BARBARA has issued fresh warnings to locals near the Gold Ridge mine in the Solomon Islands and says the project’s tailings facility is still at risk of overflowing.
Full Story...


Exports, senate impact MYEFO


RELEASING the Mid-Year Economic and Fiscal Outlook today, Australian Treasurer Joe Hockey said unforseen events in the past six month had hit the Australian economy, in particular the largest fall in the country’s terms of trade since records were kept in 1959.
Full Story...


Public service and gender equality the way forward


A PACIFIC leadership and governance precinct will be established in Port Moresby to train and educate public service officials from PNG and across the region, according to a memorandum of understanding signed by Australia’s foreign minister Julie Bishop and Papua New Guinea’s ministers for Public Service and Higher Education, Puka Temu and Malakai Tabar.
Full Story...


WCB on the money with Misima results


ASSAY results from WCB Resources’ Misima Porphyry Copper prospect have yielded a significant level of gold, silver and copper mineralisation from drill hole GDD002.
Full Story...


Radio Bougainville hits the road


A MOBILE community radio service was launched yesterday which will increase the broadcasting range of radio services to people living outside Bougainville’s capital, Buka.
Full Story...


New board appointee for Foyson


FOYSON Resources has appointed David McIntosh as an independent, non-executive director to its board.
Full Story...


Ok Tedi ownership belongs to the people: O’Neill


THE people of Western Province will own a significant stake in Ok Tedi Mine Ltd, according to an announcement by PNG Prime Minister Peter O’Neill yesterday.
Full Story...





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