Before we knew it, 2023 is almost over, yet our job here at PNG Business News continues as we deliver the latest of Papua New Guinea’s business and resources sectors in our Issue 4 to end ’23 with a blast with our largest issue EVER! A whopping 132 pages.
There’s perhaps no bigger report in the last quarter than PNG welcoming the top gold company in the world, Newmont Corp., to its shores, as Prime Minister James Marape rightly rolled out the red carpet in ceremonies in Port Moresby on 6 November.
The Marape-Rosso Government has also announced a new regime for the oil and gas sector at the recent Petroleum and Energy Conference.
Our esteemed columnist Michael McWalter, the former director for the Petroleum Division and adviser to the Government of PNG, reveals to us how Papua New Guinea became and oil producer and then an LNG Producer, in the first of a two-part report starting on page 10.
Finally, on the cover we feature the mine site of Ok Tedi Mining Limited at Mt. Fubilan in the Western Province.