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Sunday
19 May 2013
Make PNG my HomePage
TODAY'S STORIES
WANTOK
Frieda transparency missing from Xstrata agenda
(Friday, 17 May 2013)
WHEN Wantok not long ago suggested the Frieda copper-gold feasibility study lacked transparency with aspects that did not add up, reaction was muted.
Full Story...
MORE WANTOK
Stagnation PNG
Falling gold dents PNG budget
Will ExxonMobil be InterOil’s dealmaker?
VIEW ALL STORIES
OIL AND GAS
Indonesian interest, says source
(Friday, 17 May 2013)
INDONESIAN LNG powerhouse Pertamina is rumoured to have made a bid for InterOil’s Elk-Antelope discoveries in Papua New Guinea.
Full Story...
MORE OIL AND GAS
Investors catch on to Oil Search
No delays from CEO loss: InterOil
The new brooms
VIEW ALL STORIES
MINING
Letters of praise for Juffa
(Friday, 17 May 2013)
ORO governor Gary Juffa’s opinion piece for
PNGIndustryNews.net
was praised by a reader from Lihir Island and a medical doctor who wants laws to protect the interests of Papua New Guineans in the mining industry.
Full Story...
MORE MINING
Fifth body recovered at Grasberg
The future of the mining industry
Tolukuma stand-off prevails
VIEW ALL STORIES
MARKET WATCH
Life left in PNG stocks
(Friday, 17 May 2013)
DESPITE some terrible commodities news with gold plunging further, several stocks have made strong gains this week including InterOil, Gold Anomaly, Foyson Resources and Frontier Resources.
Full Story...
MORE MARKET WATCH
Frieda transparency missing from Xstrata agenda
Indonesian interest, says source
Letters of praise for Juffa
VIEW ALL STORIES
REGIONAL WATCH
Fifth body recovered at Grasberg
(Friday, 17 May 2013)
PT Freeport Indonesia says a fifth body has been recovered from the collapsed tunnel at the Grasberg mine, with 23 workers still unaccounted for.
Full Story...
MORE REGIONAL WATCH
The new brooms
Tunnel collapses at Grasberg
Budget blues
VIEW ALL STORIES
ECONOMY
Is PNG’s mining boom coming to an end?
(Friday, 19 April 2013)
PNG’S golden era for mineral exploration and development may be coming to an end in the face of gold’s steepest price decline in three decades and a build-up in global copper stocks.
By Wantok
Full Story...
PNG LNG
Oil Search to continue drilling spree
(Friday, 10 May 2013)
OIL Search is working to mature possible drilling prospects in Papua New Guinea’s southern highlands by late this year, while an appraisal well for the P’nyang field may be on the cards along with another offshore well in the Gulf of Papua.
Full Story...
MORE PNG LNG
PNG LNG airfield complete
O’Neill defends PNG LNG benefits
Govt figures campaign against PNG LNG
VIEW ALL STORIES
Life left in PNG stocks
(Friday, 17 May 2013)
DESPITE some terrible commodities news with gold plunging further, several stocks have made strong gains this week including InterOil, Gold Anomaly, Foyson Resources and Frontier Resources.
Full Story...
Frieda transparency missing from Xstrata agenda
(Friday, 17 May 2013)
WHEN Wantok not long ago suggested the Frieda copper-gold feasibility study lacked transparency with aspects that did not add up, reaction was muted.
Full Story...
Indonesian interest, says source
(Friday, 17 May 2013)
INDONESIAN LNG powerhouse Pertamina is rumoured to have made a bid for InterOil’s Elk-Antelope discoveries in Papua New Guinea.
Full Story...
Letters of praise for Juffa
(Friday, 17 May 2013)
ORO governor Gary Juffa’s opinion piece for
PNGIndustryNews.net
was praised by a reader from Lihir Island and a medical doctor who wants laws to protect the interests of Papua New Guineans in the mining industry.
Full Story...
Investors catch on to Oil Search
(Friday, 17 May 2013)
OIL Search shares are up 4% by 12.30pm (AEST), surpassing the significant $8 level, as the encouraging news from its Taza-1 ST2 well in Iraqi Kurdistan overcomes the setback at its Flinders-1 well in offshore Papua New Guinea.
Full Story...
No delays from CEO loss: InterOil
(Friday, 17 May 2013)
INTEROIL says it is in “final” discussions with bidders for its Elk-Antelope field in Papua New Guinea’s Gulf province. Meanwhile, Oil Search is investigating possible extensions to InterOil’s Triceratops field in the region.
Full Story...
Fifth body recovered at Grasberg
(Friday, 17 May 2013)
PT Freeport Indonesia says a fifth body has been recovered from the collapsed tunnel at the Grasberg mine, with 23 workers still unaccounted for.
Full Story...
The new brooms
(Thursday, 16 May 2013)
WELCOME to the Andrew and Tim show. If you’re working in the petroleum business and don’t know what that means, then
Slugcatcher*
will try and explain how the two boys running BHP Billiton Petroleum may shake the company, and the wider oil and gas industry.
Full Story...
The future of the mining industry
(Wednesday, 15 May 2013)
PAPUA New Guinea, the land of the unexpected, is a place of intrigue for many from the west and none more so than Australia. In fact, Australia presumptuously likes to imagine itself the foremost authority on PNG, its people, its culture and its problems.
By Oro governor Gary Juffa
Full Story...
Tolukuma stand-off prevails
(Wednesday, 15 May 2013)
PAPUA New Guinea’s Tolukuma gold mine in Central province has reportedly been shut down for 11 days.
Full Story...
Tunnel collapses at Grasberg
(Wednesday, 15 May 2013)
THE collapse of an underground tunnel at Freeport McMoRan Copper & Gold’s huge Grasberg operation in Indonesia has killed four and trapped about 27 others, with 10 miners reportedly rescued so far.
Full Story...
Ramu business spinoffs
(Wednesday, 15 May 2013)
THE Chinese operator of the Ramu nickel laterite mine in Papua New Guinea has reportedly spun off 14 mine-related businesses to landowner companies under a recent memorandum of agreement.
Full Story...
Budget axe misses PNG
(Wednesday, 15 May 2013)
DESPITE some foreign aid tinkering ahead of an election, the Australian government has increased its annual budget funding to Papua New Guinea and Pacific nations by 2.2% to $947.72 million for the looming financial year.
Full Story...
Budget blues
(Wednesday, 15 May 2013)
WHILE much mainstream ink will focus on the cuts to services and programs in the federal budget, it is tax changes to exploration costs and thin capitalisation rules that have captivated the oil and gas sector.
Full Story...
High-profile prison bust
(Wednesday, 15 May 2013)
PRIME Minister Peter O’Neill’s recently declared war on crime is off to a bad start, with notorious bank robber William Kapris escaping from his Bomana Prison maximum security cell yesterday with two accomplices.
Full Story...
Tough year ahead for capital raisings
(Wednesday, 15 May 2013)
GLOBAL data suggests the mining industry is in for a bleak year when it comes to raising funds, according to a leading research group.
Full Story...
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WHEN Wantok not long ago suggested the Frieda copper-gold feasibility study lacked transparency with aspects that did not add up, reaction was muted.
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