Papua New Guinea
Recent Stories
Lihir Gold says takeover offer not good for PNG investors
Port Moresby, PNG: The chairman of the global gold mining company Lihir Gold says a $US9.2 billion takeover offer from rival miner, Newcrest didn't represent good value for Lihir's in
Digicel ordered to lift blockade in PNG
Port Moresby, PNG: Papua New Guinea’s (PNG) National Court has ordered Digicel to lift the interconnection blockage it has applied in the last few days between the users of bemobile and itself.
$US100 billion assured for PNG’s LNG
Port Moresby, PNG: Papua New Guinea’s (PNG) Prime Minister, Sir Michael Somare, has scored another political achievement with assurance of $US100 billion for PNG
LNG project ready to roll
Port Moresby, PNG: The Exxon Mobil-led liquefied natural gas export project in Papua New Guinea has confirmed its jump on Australian LNG export projects.
Bank South Pacific union threatening to go on strike over claims
Port Moresby, PNG: Papua New Guinea’s largest bank, Bank South Pacific could be closed next week by disgruntled union members
PNG gas project seals final deal
Port Moresby, PNG: ExxonMobil is on the verge of announcing financial closure on its $US15 billion ($A16.7 billion) Papua New Guinea liquefied natural gas project
PNG carbon trader joins Aust tech group
Port Moresby, PNG: ASX-listed m2m Corporation Ltd has dropped a $10 million merger with Carbon Planet and gone into business with a man accused of running a carbon "cargo cult"
PNG’S National Broadcasting Corporation’s not broke: Ealedona
Port Moresby, PNG: Papua New Guinea’s National Broadcasting Corporation’s (NBC) managing director Joseph Ealedona has refuted claims that NBC accounts were “in the red”.
Australia allocates 650 places for Papua New Guinean seasonal workers
Canberra, Australia: Papua New Guinea (PNG) has been allocated 650 visas for fruit picking in rural Australia as part of the beleaguered Pacific seasonal worker pilot scheme.
Aust firm invests K1.5 million in PNG trees
Port Moresby, PNG: An Australian company has invested more than K1.5 million to extract oil from a native tree in this country which is used to produce medicine.
