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Wednesday
29 July 2015
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   TODAY'S STORIES
 
OIL AND GAS 
Timor talks on ALP agenda


The resumption of border talks with East Timor has the support of the Australian Labor Party, which could pave the way for the development of the $40 billion Greater Sunrise project.
Full Story...


MORE OIL AND GAS

High performing second quarter


Larus Energy AGM


Quarterly drop for Santos


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MINING 
Powering up Niugini’s Nicolsons


A PERMANENT power station has been installed at Pacific Niugini’s Nicolsons mine at Halls Creek, with the refurbishment of the processing plant nearing completion.
Full Story...


MORE MINING

China stakes claim in subsea mining


Edie Creek delivers


Golden path


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MARKET WATCH 
Oz benefits from declining gold prices


AUSTRALIAN gold mining stocks have become a safe harbour in a falling price environment, with shrewd investors taking advantage of the weak Australian dollar.
Full Story...


MORE MARKET WATCH

Oil Search defies trend


Encouraging results for WCB


Pacific trade mission to boost orders


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COMPANY WATCH 
Jacked up tanks


MANAGEMENT Resource Solutions are engaged in the construction of two aviation fuel tanks at Port Moresby’s Jacksons International Airport using an alternative method to conventional crane construction.
Full Story...


MORE COMPANY WATCH

BSP extends buyback


Kina to pay dividend


New ‘heads-up’ for ATR


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REGIONAL WATCH 
NZ business eyes Pacific market


NEW ZEALAND Trade and Enterprise marketing manager Graeme Solloway has described Papua New Guinea as a “mountain of gold and copper atop a sea of oil and gas”, suggesting it was a place NZ companies could expand into.
Full Story...


MORE REGIONAL WATCH

LNG demand down: Platts


Business deal stalled


Sumitomo objects to ML application


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ECONOMY 
Plant to boost construction


PRIME Minister Peter O’Neill officially opened a gravel and vertical cast pipe plant in Port Moresby yesterday, saying it was a vote of confidence in Papua New Guinea’s construction sector.
Full Story...


MORE ECONOMY

Pacific growth unaffected by disasters


Power targets achievable: Mangos


BSP takes over operations


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Plant to boost construction


PRIME Minister Peter O’Neill officially opened a gravel and vertical cast pipe plant in Port Moresby yesterday, saying it was a vote of confidence in Papua New Guinea’s construction sector.
Full Story...


Timor talks on ALP agenda


The resumption of border talks with East Timor has the support of the Australian Labor Party, which could pave the way for the development of the $40 billion Greater Sunrise project.
Full Story...


Powering up Niugini’s Nicolsons


A PERMANENT power station has been installed at Pacific Niugini’s Nicolsons mine at Halls Creek, with the refurbishment of the processing plant nearing completion.
Full Story...

China stakes claim in subsea mining


CHINA Minmetals Group has become the first Chinese firm to explore – and hopes to mine – the seabed after being granted rights to 73,000 square kilometres in the east Pacific Ocean by the International Seabed Authority last week.
Full Story...


Edie Creek delivers


PAPUA New Guinea-focused miner Niuminco Group has produced 5116.8 grams (164.5 ounces) of gold and 4181.7g (134.5oz) of silver from its Edie Creek Mine for the June quarter.
Full Story...


NZ business eyes Pacific market


NEW ZEALAND Trade and Enterprise marketing manager Graeme Solloway has described Papua New Guinea as a “mountain of gold and copper atop a sea of oil and gas”, suggesting it was a place NZ companies could expand into.
Full Story...


Govt gag order fails


ATTEMPTS by the Papua New Guinean government to stop protesters demonstrating against the cannery development in Madang’s Pacific Marine Industrial Zone has failed, with a court ordering the government to compensate the 11 defendants who were affected by the move.
Full Story...


LNG demand down: Platts


PLATTS’ Japan/Korea marker (JKM) registered spot LNG prices to northeast Asia averaging $US7.395 per million British thermal units for August, sliding 2.7% month from the previous month.
Full Story...


Oz benefits from declining gold prices


AUSTRALIAN gold mining stocks have become a safe harbour in a falling price environment, with shrewd investors taking advantage of the weak Australian dollar.
Full Story...


Oil Search defies trend


SHAREHOLDER confidence has enabled Papua New Guinea-focused Oil Search to surpass peers Santos and Origin Energy, with stocks in both companies falling this week.
Full Story...


Encouraging results for WCB


WCB Resources has updated the market on its activities on Papua New Guinea’s Misima Island, saying it will continue its exploration campaign on the Umuna and Quartz Mountain prospects.
Full Story...


Pacific trade mission to boost orders


A TRADE mission to New Zealand early this month has showcased the agricultural produce of seven Pacific island nations to potential buyers.
Full Story...


Award for satellite firm


AUSTRALIAN firm Pivotel has been awarded Australia Communications Alliance and CommsDay’s satellite provider of the year award for its Tracertrak management system, in use in Australia, New Zealand, Papua New Guinea and Indonesia.
Full Story...


PM to host first APEC meeting


PAPUA New Guinea’s first APEC ministerial meeting – in preparation for the 2018 leaders’ summit – will be held in Port Moresby from October 27 to 29.
Full Story...


Golden path


RECORD breaking performances at Gwalia and Simberi have set gold miner St Barbara on an upward thrust for the next 12 months.
Full Story...


High performing second quarter


OIL Search has updated its production forecast range for this year as it registers its highest quarterly production figure courtesy of the PNG LNG project.
Full Story...





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