HOME ABOUT US ADVERTISE SUBSCRIBE SITE MAP HELP CONTACT WORK FOR US   Wednesday 8 September 2010 Make PNG my HomePage    PNG STORIES [ 2209 Results - Showing Results 1 to 30 ] Forging ahead on New Britain copper (Friday, 3 September 2010) Impressive exploration acreage being developed in good company raises the bar in Papua New Guinea for Coppermoly. Full Story... BAM Clough lands $A287M PNG LNG job (Friday, 3 September 2010) THE BAM Clough Joint Venture has been awarded a letter of intent to proceed with the design and construction of the liquefied natural gas and condensate offloading jetty for the PNG LNG project. Full Story... Two plaintiffs pull out of Ramu tailings injunction (Friday, 3 September 2010) TWO of the five plaintiffs involved in an injunction to stop the construction and operation of a deepsea tailings placement system at the $US1.4 billion ($A1.5 billion) Ramu nickel development in Papua New Guinea, have pulled out of the court action. Full Story... InterOil moves to settle lawsuit (Friday, 3 September 2010) INTEROIL has reached an agreement to settle all claims against it and its subsidiaries brought by a group of plaintiffs. Full Story... PNG gold miner posts $10M profit (Friday, 3 September 2010) PAPUA New Guinea gold producer Allied Gold has turned around a loss-making performance last year to post a net profit of $A10.2 million for 2009-2010 from revenues of $67.5 million. Full Story... Horizon brightening (Friday, 3 September 2010) FULL production from the offshore Taranaki Maari oil field and the sale of a half interest in PRL 4, Papua New Guinea, have allowed Horizon Oil to return to profit. Full Story... Lihir posts improved profits (Friday, 27 August 2010) PAPUA New Guinea gold miner Lihir Gold has posted profits after tax for the half year of $US142.5 million ($A160 million), up 17% from the $121.5 million recorded in the December half. Full Story... Exploration work to continue in PNG (Friday, 27 August 2010) OIL Search is planning to continue its exploration efforts in Papua New Guinea aimed at building gas reserves and its portfolio in the offshore Papuan Basin. Full Story... GE snaps up PNG LNG work (Friday, 27 August 2010) GE Oil & Gas has secured contracts to supply equipment and long-term service to the $US15 billion ($A16.8 billion) PNG LNG project. Full Story... Ramu tailings system subject of court hearing (Friday, 27 August 2010) A COURT date of September 21 has been set for Highlands Pacific and its Chinese partners regarding the injunction over the construction and operation of a deep sea tailings placement system at its $US1.4 billion ($A1.58 billion) Ramu nickel-cobalt project in Papua New Guinea. Full Story... InterOil profit down on exploration costs (Friday, 20 August 2010) INTEROIL has posted a net profit of $US7.8 million ($A8.65 million) for the quarter ended June 30, 2010, down $US1.8 million from the previous corresponding period. Full Story... Ramu Nickel nears completion (Friday, 20 August 2010) THE Ramu Nickel plant in Papua New Guinea is now about 90% complete with Ramu NiCo vice-president Yang Yong saying that all work should be completed before the project is commissioned in October. Full Story... Ok Tedi’s future *Exclusive* (Friday, 20 August 2010) PNG’S giant Ok Tedi copper-gold mine was scheduled to close in 2013 but further open cut mining and the introduction of underground mining looks set to give the operation another seven years. Ok Tedi Mining’s Ian Sheppard reveals the next steps ahead. Full Story... InterOil secures $25M loan facility (Friday, 13 August 2010) INTEROIL has closed a $US25 million secured term loan bearing a 10% interest with Clarion Finanz. Full Story... Soros maintains Marengo position (Friday, 13 August 2010) MARENGO Mining has closed a $C20.16 million ($A21.44 million) capital raising, issuing 24 million shares to underpin its cash base ahead of the expected completion of its feasibility study on the Yandera copper-molybdenum project in Papua New Guinea. Full Story... Talisman builds up PNG portfolio (Friday, 13 August 2010) CANADA’S Talisman Energy has been revealed as the buyer of Cue Energy Resources and Mosaic Oil’s stakes in PRL8, Papua New Guinea. Full Story... BAM Clough JV secures work in PNG (Friday, 13 August 2010) THE BAM Clough joint venture has received a $10 million work order to design and construct a liquefied natural gas and condensate offloading jetty in Papua New Guinea. Full Story... Come and talk deals: Barrick (Friday, 6 August 2010) BARRICK Gold has reiterated its message to Australia’s junior mining sector that the company is “open for business”, with Barrick Asia-Pacific president Gary Halverson again inviting delegates to this week’s Diggers & Dealers conference to talk to the company about projects. Full Story... Interoil, Mitsui firm up relationship for condensate facility (Friday, 6 August 2010) INTEROIL and Japan’s Mitsui & Co have signed a joint venture operating agreement for the proposed $US550 million ($A600 million) condensate stripping facility at Interoil’s Elk and Antelope fields in Gulf province, Papua New Guinea. Full Story... NGE plugs Panakawa-1 (Friday, 6 August 2010) NEW Guinea Energy’s Panakawa-1 well will be plugged and abandoned after the completion of logging and sampling activities. By Brooke Showers Full Story... Good timing for Lihir (Friday, 30 July 2010) NEWCREST Mining takeover target Lihir Gold has taken advantage of the record gold price with gold sales jumping 35% on the previous quarter. Full Story... Newcrest, Harmony unearth new copper-gold zone in PNG (Friday, 30 July 2010) EXPLORATION at Newcrest Mining and Harmony Gold’s Wafi-Golpu copper-gold project in Papua New Guinea has uncovered more than 16 million ounces of gold and 4.8 million tonnes of copper. Full Story... Project progress for MIL (Friday, 30 July 2010) MIL Resources made more progress with the Amazon Bay Titanomagnetite Ironsands project, in southeast Papua New Guinea, as Australian engineering company Downer EDI completed a scoping study. Full Story... Oil Search continues gas push (Friday, 30 July 2010) OIL Search is planning to drill the Flinders well in PPL 244, offshore Papua New Guinea, in 2011 after it completes analysis of 4720 square kilometres of 3D seismic recently shot in the Gulf of Papua. Full Story... Strong quarter for Medusa (Friday, 30 July 2010) MEDUSA Mining has posted another solid quarter of gold production in the Philippines as it moves towards 100,000 ounces per annum in the 2011 financial year. Full Story... Oil disappointment at Panakawa (Friday, 30 July 2010) NEW Guinea Energy has failed to find oil shows at its Panakawa-1 exploration well in Papua New Guinea’s Western province. Full Story... NGE lines up $25M facility (Friday, 30 July 2010) NEW Guinea Energy has secured a $25 million funding facility that allows it to continue exploration and work program commitments in Papua New Guinea. Full Story... Copper comeback let down by sliding gold prices (Friday, 30 July 2010) COPPER prices are starting to surge again but this good news is offset by some hard selling in gold markets. Full Story... Newcrest’s Lihir bid fair: expert (Friday, 23 July 2010) THE proposed $A9.5 billion tie-up between gold miners Newcrest Mining and Lihir Gold took a major step forward today after an independent expert declared the takeover bid fair and in the best interests of Lihir shareholders. Full Story... Output up, costs down for Allied (Friday, 16 July 2010) ALLIED Gold has reported a 23% jump in gold production and a 10% fall in cash costs from its Simberi mine in Papua New Guinea during the June quarter. Full Story... Prev    Next   Company Search Story Search Advanced Search UPCOMING EVENTS Excellence in Mining & Exploration 2010 Mining Magazine Congress 2010 Asia Mining Congress 2011   View all events LATEST NEWS Oil, metals up Forging ahead on New Britain copper Two plaintiffs pull out of Ramu tailings injunction BAM Clough lands $A287M PNG LNG job PNG gold miner posts $10M profit Horizon brightening Hunt resigns from Lihir InterOil moves to settle lawsuit Aspermont turnaround Oil rallies, metals mixed Disclaimer | © Copyright Aspermont Ltd | Privacy Policy | Terms and Conditions