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Thursday
25 August 2016
 
 
   TODAY'S STORIES
 
MARKET WATCH 
Gold, metals steady


GOLD dipped in the lead-up to the release of the US Federal Open Market Committee minutes, but has since recovered.
Full Story...


MORE MARKET WATCH

Hides gas plant stand-off continues


Nautilus seeks bridge financing


Gold Mountain interest in Viva now 70%


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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.
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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.
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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.
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Asaro Mud Men on show in Sydney


AUSTRALIANS will get the opportunity to experience Papua New Guinea’s Asaro Mud Men first hand when they appear at the Australian Museum in Sydney next month.
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Koki Market gets Aus-US Safe Cities support


WORK to improve safety for women and girls has received a boost through the extension of the United Nations Women Safe Cities program to one of the Port Moresby’s largest trading spots, Koki Market.
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Fiji sevens heroes swamped in Nadi


FIJI came to a standstill to mark the return of the victorious rugby sevens squad from Rio, where they won their country's first ever Olympic gold medal.
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JV in K7M Star Mountains drill program


HIGHLANDS Pacific and joint venture partner Anglo American are about to restart a K7.31 million exploration drilling program at the Star Mountains copper-gold project in Papua New Guinea.
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Blockade ends at Hides


A GROUP of landowners blocking the access to the PNG LNG project plant in Hides for nearly two weeks has agreed to end the protest following talks with a government team at the weekend.
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Snooker champs get BSP support


THE annual men’s snooker championships in Papua New Guinea will take place from September 7 to 18.
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100 singsing groups for Goroka Show


SINGSING group registration for the annual 60th National Gaming Control Board Goroka Show is now closed, with 100 groups registered.
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US Embassy sponsors Youth Forum candidates


THE US Embassy in Port Moresby has said that applications were now open for candidates from Papua New Guinea, Solomon Islands and Vanuatu to attend the 2016 LGBTI Pacific Youth Forum.
Full Story...


Gold, metals steady


GOLD dipped in the lead-up to the release of the US Federal Open Market Committee minutes, but has since recovered.
Full Story...


Hides gas plant stand-off continues


THE stand-off between local landholders and the Papua New Guinea government at the Hides gas plant is continuing, with some reports from Hela province saying the protest has already started impacting on LNG sales.
Full Story...


Nautilus seeks bridge financing


SEABED explorer Nautilus Minerals has introduced cost-cutting measures as it endeavours to complete the build and deployment of the system to be used at the Solwara 1 project in Papua New Guinea.
Full Story...


Gold Mountain interest in Viva now 70%


GOLD Mountain has completed the acquisition of a further 50% interest in Papua New Guinea project company Viva No. 20.
Full Story...





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