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Monday
20 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
Pertamina sent DD team to PNG: source
(Monday, 20 May 2013)
WHILE Pertamina is yet to comment on the rumour it has made a bid for InterOil’s Elk-Antelope field, a new source has told
PNGIndustryNews.net
that the major Indonesian LNG producer has twice sent a due diligence team to view InterOil’s sites in Papua New Guinea.
Full Story...
MORE OIL AND GAS
Jobs lost at Gorgon: reports
Bloomberg misrepresents Cottee
Indonesian interest, says source
VIEW ALL STORIES
MINING
Explorer updates
(Monday, 20 May 2013)
QUINTESSENTIAL Resources has hit a peak grade of 6.32 grams per tonne gold in recent trench sampling at its Irak prospect in Papua New Guinea, while Coppermoly has appointed a new chairman to replace Dr Geoff Booth, who took the helm five months ago.
Full Story...
MORE MINING
‘Compulsory reading’ for business in PNG
Marengo explores project costs
OceanaGold puts Didipio in business
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
Jobs lost at Gorgon: reports
(Monday, 20 May 2013)
CHEVRON has cut staff at its Gorgon project, according to
The Australian Financial Review
.
Full Story...
MORE REGIONAL WATCH
OceanaGold puts Didipio in business
Grasberg death toll rises
Bloomberg misrepresents Cottee
VIEW ALL STORIES
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
Pertamina sent DD team to PNG: source
(Monday, 20 May 2013)
WHILE Pertamina is yet to comment on the rumour it has made a bid for InterOil’s Elk-Antelope field, a new source has told
PNGIndustryNews.net
that the major Indonesian LNG producer has twice sent a due diligence team to view InterOil’s sites in Papua New Guinea.
Full Story...
Explorer updates
(Monday, 20 May 2013)
QUINTESSENTIAL Resources has hit a peak grade of 6.32 grams per tonne gold in recent trench sampling at its Irak prospect in Papua New Guinea, while Coppermoly has appointed a new chairman to replace Dr Geoff Booth, who took the helm five months ago.
Full Story...
‘Compulsory reading’ for business in PNG
(Monday, 20 May 2013)
ORO governor Gary Juffa’s recent opinion piece for
PNGIndustryNews.net
has received its first letter of support from Australia – with a reader warning his fellow countrymen not to take advantage of Papua New Guineans.
Full Story...
Jobs lost at Gorgon: reports
(Monday, 20 May 2013)
CHEVRON has cut staff at its Gorgon project, according to
The Australian Financial Review
.
Full Story...
Marengo explores project costs
(Monday, 20 May 2013)
MARENGO Mining’s long-awaited feasibility study for its world-class Yandera copper-gold-molybdenum project in Papua New Guinea will be subject to more delays as further investigations are made into power supply sources, tailings management and mine optimisation.
Full Story...
OceanaGold puts Didipio in business
(Monday, 20 May 2013)
OCEANAGOLD has declared commercial production at its Didipio mine in the Philippines less than a month after announcing the operation’s first shipment of copper-gold concentrate.
Full Story...
Grasberg death toll rises
(Monday, 20 May 2013)
THE death toll from the Big Gossan collapse at Grasberg has risen to 14, with rescuers unable to detect any sign of life among the 14 workers still buried in the rubble.
Full Story...
Bloomberg misrepresents Cottee
(Monday, 20 May 2013)
CENTRAL Petroleum has hit out at
Bloomberg
for its misrepresentation of the company’s leading man, Richard Cottee.
Full Story...
Chinese re-development of Highlands Highway
(Monday, 20 May 2013)
TWO Chinese companies have won 1 billion kina ($A464 million) of Highlands Highway development contracts from Papua New Guinea’s cabinet, with K6.5 billion of Chinese financing expected next month.
Full Story...
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...
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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.
