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Saturday
4 July 2009
Make PNG my HomePage
TODAY'S STORIES
OIL AND GAS
Rift board welcomes Talisman takeover
(Friday, 3 July 2009)
THE Rift Oil board has rejected a farm-in proposal from an unnamed oil major and is instead recommending a complete takeover by Canada’s Talisman Energy.
Full Story...
MORE OIL AND GAS
Macquarie: Santos could sell stakes of PNG LNG
PNG LNG signs up more customers
InterOil ramps up capital spending
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MINING
Highlands hopeful on Frieda River results
(Friday, 3 July 2009)
LATEST drilling results from Highlands Pacific and Xstrata’s Frieda River project in Papua New Guinea suggest just why the Swiss major is spending $US36 million ($A44.4 million) on exploration at the project this year.
Full Story...
MORE MINING
Production and exploration success for NGG
Goldminex reshuffles board
High-grade extensions at Co-O
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MARKET WATCH
InterOil leads in new financial year
(Friday, 3 July 2009)
INTEROIL stocks have made the biggest move this week, while market uncertainty has marked the start of a new financial year amid the ongoing global financial crisis.
Full Story...
MORE MARKET WATCH
Rift board welcomes Talisman takeover
Macquarie: Santos could sell stakes of PNG LNG
Highlands hopeful on Frieda River results
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REGIONAL WATCH
High-grade extensions at Co-O
(Friday, 26 June 2009)
MEDUSA Mining has intersected high-grade extensions to the east of its operating Co-O gold mine in the Philippines.
Full Story...
MORE REGIONAL WATCH
Indonesian mud volcano could flow for 30 years
Otto debt free, poised for growth
More positive results from Red Emperor
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PNG LNG
PNG LNG signs up more customers
(Friday, 26 June 2009)
EXXONMOBIL has reached alignment on commercial terms with three Asian customers for its PNG LNG project in Papua New Guinea for the offtake of the remaining 4.3 million tonnes of LNG per annum available.
Full Story...
MORE PNG LNG
Early works starts on PNG LNG
VIEW ALL STORIES
InterOil leads in new financial year
(Friday, 3 July 2009)
INTEROIL stocks have made the biggest move this week, while market uncertainty has marked the start of a new financial year amid the ongoing global financial crisis.
Full Story...
Rift board welcomes Talisman takeover
(Friday, 3 July 2009)
THE Rift Oil board has rejected a farm-in proposal from an unnamed oil major and is instead recommending a complete takeover by Canada’s Talisman Energy.
Full Story...
Macquarie: Santos could sell stakes of PNG LNG
(Friday, 3 July 2009)
RECENT Australian coal seam gas-related acquisitions by Santos has Macquarie Private Wealth speculating that the major Australian energy company might have to sell stakes in either PNG LNG or its Gladstone LNG project in Queensland to get more cash.
Full Story...
Highlands hopeful on Frieda River results
(Friday, 3 July 2009)
LATEST drilling results from Highlands Pacific and Xstrata’s Frieda River project in Papua New Guinea suggest just why the Swiss major is spending $US36 million ($A44.4 million) on exploration at the project this year.
Full Story...
Better braking in any environment
(Friday, 3 July 2009)
PAPUA New Guinea hosts some of the most unforgiving environmental operating conditions in the world, but Petromin’s Tolukuma gold mine has countered some of the difficulties with Australian wet brake technology.
Full Story...
Production and exploration success for NGG
(Friday, 3 July 2009)
TORONTO-listed New Guinea Gold has ramped up gold production almost 40% at its Sinivit mine in East New Britain, while exploration is continuing to get some hefty intersections.
Full Story...
Volatility the name of the game
(Friday, 26 June 2009)
IT has been a volatile week for base metals on the London Metal Exchange and for global oil prices.
Full Story...
PNG LNG signs up more customers
(Friday, 26 June 2009)
EXXONMOBIL has reached alignment on commercial terms with three Asian customers for its PNG LNG project in Papua New Guinea for the offtake of the remaining 4.3 million tonnes of LNG per annum available.
Full Story...
Goldminex reshuffles board
(Friday, 26 June 2009)
PAPUA New Guinea-focused explorer
Goldminex
has made a number of changes to its board.
Full Story...
InterOil ramps up capital spending
(Friday, 26 June 2009)
INTEROIL is bucking the trend of cutting down on expenditure and instead will increase capital spending to take advantage of the global downturn in industry activity.
Full Story...
High-grade extensions at Co-O
(Friday, 26 June 2009)
MEDUSA Mining has intersected high-grade extensions to the east of its operating Co-O gold mine in the Philippines.
Full Story...
Indonesian mud volcano could flow for 30 years
(Friday, 26 June 2009)
THE Indonesian mud volcano in East Java’s Sidoarjo district – known to locals as “Lusi” – could continue flowing at its current rate of 100,000 cubic metres of mud per day for the next 30 years, according to Curtin University of Technology researcher Dr Mark Tingay.
Full Story...
Otto debt free, poised for growth
(Friday, 26 June 2009)
OTTO Energy will soon start to reap rewards from the Galoc field in the offshore Palawan Basin, Philippines, after paying off its debt for the field development.
Full Story...
PNG stocks in the red
(Friday, 19 June 2009)
WEAKNESS in global markets and the end of the base metal rally sent most miners and oilies operating in Papua New Guinea down this week.
Full Story...
Chrome picks up PNG gold play
(Friday, 19 June 2009)
CHROME Corporation has announced it will acquire Papua New Guinea gold explorer Pacific Nuigini Minerals in an all-scrip transaction.
Full Story...
Allied reaches milestone at PNG
(Friday, 19 June 2009)
PAPUA New Guinea gold miner Allied Gold has produced its 100,000th ounce of gold and says it should produce more than 70,000oz next year.
Full Story...
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