PASCA Project Could Come Onstream by 2026 With Early Approval
Image Caption: Twinza Chairman Stephen Quantrill 02 Dec 2021 The offshore Pasca offshore project in the Gulf of Papua could be in production within four years of receiving project approval, Twinza’s recently appointed Chairman Stephen Quantrill told the Chamber conference. The project, which contains an estimated 120 million barrels oil equivalent, would provide US$200 million […]
Santos-Oil Search Merger To Deliver Significant Benefit to the PNG Economy and Local Communities
Image Caption: SANTOS CEO and Managing Director, Kevin Gallagher 02 Dec 2021 Momentum continues to build for the compelling opportunity to create a company with the size and scale to fund the energy transition. The merger will deliver a company with a market cap of more than A$20 billion and that is in the top-20 […]
Vice Minister of Mining on Mineral Policy and Legislation Review
Image Caption: Vice Minister for Mining, Hon. Peter Sapia 02 Dec 2021 The Ministry of Mining had undertaken the review of the mining policies and legislations including the development of new mining sector policies since 2009. The review of the Mining Act 1992 was completed in 2016 and is still before the National Executive Council […]
Western Province development
Image Caption: Michael McGowan, Managing Director, Arran Energy Pty Ltd 02 Dec 2021 Arran Energy is a privately-owned Australian company. Managing Director, Michael McGowan, spoke of the company at the 2021 PNG Mining and Petroleum Conference and Exhibition. Arran owns a portfolio of oil and gas assets in the Western Province. The assets were acquired […]
Wealth creation for the industry
Image Caption: Augustine Mano, Managing Director, Mineral Resources Development Company (MRDC) Ltd 02 Dec 2021 As a vital partner to the resources sector, the Mineral Resources Development Corporation (MRDC) has, over the years, diversified its focus on national wealth creation – both for landowners as project beneficiaries in the resource industry, and for the national […]
The Woodlark Gold Project
Image Caption: Tim Richards, Chief Executive Officer, Geopacific Resources Ltd 02 Dec 2021 The Woodlark Gold Project being developed by Geopacific Resources, is a high margin, low development risk project in the Milne Bay province. Construction and development activities commenced in the second quarter of this year. Key Activities To date, the main project activities […]
Ramu Nickel and Cobalt Project Update
Image Caption: Albert Tobe – Deputy General Manager, Community Affairs, Ramu NiCo Management, speaking at the 2021 PNG Mining and Petroleum Conference and Exhibition 02 Dec 2021 The Ramu Nickel and Cobalt project was first discovered in 1962. Prefeasibility Explorations were made by Highlands Pacific Ltd until 2000, when a Special Mining Lease was issued […]
‘PNG LNG – World Class and doing PNG proud in the Global Arena’
Image Caption: Peter Larden – MD ExxonMobil (PNG) Ltd, at the 2021 PNG Mining and Petroleum Conference and Exhibition 01 Dec 2021 THE PNG LNG PROJECT is truly a world class operation. This is a testament to the hard work of the ExxonMobil PNG workforce, and the strength of collaboration between our organization and the […]
Building the Next World Class Gold Mine in PNG
Image Caption: John Lewins – CEO K92 Mining Inc 01 Dec 2021 On the back of significant resource growth in the past four years, K92 Mining is already well through its expansion plans to build the next sustainable world-class gold mine in Papua New Guinea. Chief Executive Officer, John Lewins, says all the expansion work […]
Forging a Stronger Newcrest
Image Caption: Ben Burger – Head of Development & Planning, Lihir, Newcrest 01 Dec 2021 Strong safety standards, and promoting collaboration, innovation, and an ‘owner’s’ mindset, are the foundation on which Newcrest Mining Limited hopes to build a stronger company. This message was delivered to the 2021 PNG Mining and Petroleum Conference and Exhibition, by […]