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Sunday
28 August 2016
 
 
   TODAY'S STORIES
 
MARKET WATCH 
Soft time for base metals


IT was another slow week for metal prices, with nickel dropping back below $US10,000/t.
Full Story...


MORE MARKET WATCH

PNG essay winners named


Doing it better at Simberi, says Vassie


O’Neill hits back at Momis over Panguna


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US officials in talks over Bougainville poll


UNITED States diplomatic officials visited Bougainville this week “to meet with partners of ongoing US government support in the region”.
Full Story...


Newcrest applies for Wafi-Golpu SML


NEWCREST Mining has submitted an application for a special mining lease for the Wafi-Golpu gold project with the Mineral Resources Authority of Papua New Guinea.
Full Story...


Crater to mine second adit


CRATER Gold Mining has said that plans were in place to start a second adit at the 1930 level, 30m below the existing 1960-level adit at the High Grade Zone project.
Full Story...

Carbon’s Indonesian inroads


UNDERGROUND coal gasification might be too stressful for Queensland to consider but Indonesia has no such reservations, with Singapore-based Ascot Energy becoming the second company in recent years to sign up to use the CSIRO-developed keyseam technology.
Full Story...


PNG supports Singapore aviation nomination


PETER O’Neill has given his Singaporean counterpart, Prime Minister Lee Hsien Loong, his assurance that Papua New Guinea will support Singapore’s bid to become a member of the Part II of the International Civil Aviation Organisation (ICAO) Assembly Council.
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Minerals Baby needs 680kg more …


THE Minerals Education Coalition of the US Society for Mining, Metallurgy and Exploration has published its annual ‘Minerals Baby’ for 2016, reflecting an increase of more than 15,000 pounds (680kg) per capita usage when compared with the previous year’s statistics.
Full Story...


Soft time for base metals


IT was another slow week for metal prices, with nickel dropping back below $US10,000/t.
Full Story...


PNG essay winners named


THE Australian High Commission in Papua New Guinea has announced the winners of this year’s PNG-Australia Bung Wantaim-Yumi Poroman essay competition for schools in the National Capital District.
Full Story...


Doing it better at Simberi, says Vassie


ST BARBARA’S Simberi gold mine’s processing facility achieved a 29% improvement in throughput, which had been matched by huge improvement in mine productivity for the 2016 financial year.
Full Story...


O’Neill hits back at Momis over Panguna


PRIME Minister Peter O’Neill has warned Autonomous Bougainville Government President John Momis not to play politics and use the peace process as leverage to get his hands on Bougainville Copper shares.
Full Story...


Gold Mountain goes for more ground


GOLD Mountain has entered into an exclusivity arrangement to acquire a 328sq.km tenement which adjoins its Crown Ridge gold project in Enga Province in Papua New Guinea.
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PNG banking on financial inclusion


ACCESS to improved communications technology and greater awareness of banking services is helping to boost financial inclusion in Papua New Guinea, while providing opportunities to service providers looking to tap into a broader market.
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Oil Search profit drops to just $25.6M


HAVING failed to find much exploration success and trumped in its bid to secure control of the Elk-Antelope field, Papua New Guinea-focused oil and gas producer Oil Search’s profitability has now fallen off a cliff.
Full Story...


Fiji rugby coach awarded highest honour


ENGLISHMAN Ben Ryan was Monday awarded Fiji's highest honour for coaching the South Pacific nation's rugby sevens side to a historic gold medal at the Rio Olympics.
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Patience needed for Nido development


NIDO Petroleum managing director Dr Michael Fisher told PNG Industry News the company’s debts were an ongoing worry after upgrading the potential size of its Galoc project while delivering yet another half-year loss last week.
Full Story...


3000 mosquito nets distributed


ABOUT 3000 mosquito bed nets have been distributed to the people of Moran, Foe and Fasu in the Kutubu area in Southern Highlands Province through a partnership between the National Department of Health, Oil Search and the Oil Search Foundation.
Full Story...





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