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Friday
19 December 2014
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   TODAY'S STORIES
 
OIL AND GAS 
PNG 2015’s ‘hot spot’


PAPUA New Guinea is shaping up as the “hot spot” in a depressed oil and gas market next year, GMP Securities says.
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MORE OIL AND GAS

Horizon kicks off drilling


Roc Oil share register change


‘Strong relationships’ key to LNG success


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MINING 
Highlands looks into PNG joint venture


HIGHLANDS Pacific and international trading house Sojitz Group have signed a series of agreements which will see Sojitz fund exploration at Highlands’ Sewa Bay nickel tenement in Papua New Guinea.
Full Story...


MORE MINING

WCB on the money with Misima results


New board appointee for Foyson


Ok Tedi ownership belongs to the people: O’Neill


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MARKET WATCH 
BHP shifts to copper while gold price drops


HIGH demand has mining giant BHP Billiton shifting its investment focus from iron ore with the company expecting to increase copper sales to China.
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MORE MARKET WATCH

Modest results from Swit Kia


Nautilus funds released


PNG clears up EU fisheries credentials


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PROJECT WATCH 
Shipbuilding contract signed for Nautilus


MARINE Assets Corporation has entered into a ship building contract with Fujian Mawei Shipbuilding for the vessel which will be deployed at the world’s first commercial seafloor copper-gold mine.
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MORE PROJECT WATCH

Santos takeover fears


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COMPANY WATCH 
Santos shares dip after credit rating cut


SANTOS shares were down 8% in this morning’s trade in response to Standard & Poor’s credit rating downgrade yesterday.
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MORE COMPANY WATCH

NGE bonds to cover interest


Indochine legal action


Coppermoly in trading halt


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REGIONAL WATCH 
Troubled Gold Ridge mine inching closer to an overflow


ST BARBARA has issued fresh warnings to locals near the Gold Ridge mine in the Solomon Islands and says the project’s tailings facility is still at risk of overflowing.
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MORE REGIONAL WATCH

Exports, senate impact MYEFO


Nido looking forward to shake-out


NT pushes Timor-Leste business links


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ECONOMY 
Happy days as Bougainville airport reopens


BOUGAINVILLE’s airport was reopened over the weekend after 23 years of non-service to the autonomous region.
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MORE ECONOMY

LNG future for PNG


UN report damning for PNG


Date set for leadership tribunal


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PNG LNG 
GLNG budget blowout flagged


MACQUARIE Wealth Management has maintained an outperform rating on Santos shares despite its reservations about the full costs of completing the Gladstone LNG project and the “disappointing guidance” unveiled this week.
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MORE PNG LNG

Date set for leadership tribunal


'Big opportunity’ for PNG sovereign wealth fund


Santos takeover fears


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Highlands looks into PNG joint venture


HIGHLANDS Pacific and international trading house Sojitz Group have signed a series of agreements which will see Sojitz fund exploration at Highlands’ Sewa Bay nickel tenement in Papua New Guinea.
Full Story...


Maritime security focus for defence ministers


SHARED maritime security and next year’s defence cooperation were high on the agenda when the Australian and Papua New Guinean defence ministers met in Port Moresby on Monday.
Full Story...


Troubled Gold Ridge mine inching closer to an overflow


ST BARBARA has issued fresh warnings to locals near the Gold Ridge mine in the Solomon Islands and says the project’s tailings facility is still at risk of overflowing.
Full Story...

Exports, senate impact MYEFO


RELEASING the Mid-Year Economic and Fiscal Outlook today, Australian Treasurer Joe Hockey said unforseen events in the past six month had hit the Australian economy, in particular the largest fall in the country’s terms of trade since records were kept in 1959.
Full Story...


Public service and gender equality the way forward


A PACIFIC leadership and governance precinct will be established in Port Moresby to train and educate public service officials from PNG and across the region, according to a memorandum of understanding signed by Australia’s foreign minister Julie Bishop and Papua New Guinea’s ministers for Public Service and Higher Education, Puka Temu and Malakai Tabar.
Full Story...


WCB on the money with Misima results


ASSAY results from WCB Resources’ Misima Porphyry Copper prospect have yielded a significant level of gold, silver and copper mineralisation from drill hole GDD002.
Full Story...


Radio Bougainville hits the road


A MOBILE community radio service was launched yesterday which will increase the broadcasting range of radio services to people living outside Bougainville’s capital, Buka.
Full Story...


New board appointee for Foyson


FOYSON Resources has appointed David McIntosh as an independent, non-executive director to its board.
Full Story...


Ok Tedi ownership belongs to the people: O’Neill


THE people of Western Province will own a significant stake in Ok Tedi Mine Ltd, according to an announcement by PNG Prime Minister Peter O’Neill yesterday.
Full Story...


Ministerial visit to PNG


AUSTRALIAN foreign minister Julie Bishop is in Papua New Guinea today to co-chair the Australia- Papua New Guinea Ministerial Forum and Business Dialogue.
Full Story...


Newcrest to advance Golpu


PARTNERS Newcrest Mining and Harmony Gold have released a plan for a smaller stage one Golpu development in Papua New Guinea at a cost of $US2.3 billion ($A2.8 billion), with negative all-in sustaining cash costs.
Full Story...


Happy days as Bougainville airport reopens


BOUGAINVILLE’s airport was reopened over the weekend after 23 years of non-service to the autonomous region.
Full Story...


Nido looking forward to shake-out


NIDO Petroleum managing director Phil Byrne sees plenty more assets up for grabs in the near term with plummeting oil prices to correct valuations and shake companies out of their comfort zones to boost M&A activity in Southeast Asia.
Full Story...


Nation-building over politics: O’Neill


PRIME Minister O’Neill has hit back at detractors, calling for a ‘mature debate’ when discussing Papua New Guinea’s economic growth.
Full Story...


Raising for Nakru exploration


A PLACEMENT and convertible note agreement has been entered into by Coppermoly and investor Jade Triumph International Ltd.
Full Story...


Quintessential prospectus extension


QUINTESSENTIAL Resources have extended the closing date of its acquisition prospectus to December 19.
Full Story...





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