Barrick looks to spin out African arm

Barrick looks to spin out African arm

SPINNING out its African operations into a separate IPO to be listed on the London Stock Exchange will

Africa

19 FEB 2010

Salinas cashed-up for growth

SALINAS Energy is looking to secure new opportunities in Southeast Asia and continue appraising its projects

Asia

27 NOV 2009
Vangold reorganises while waiting for NGG deal

Vangold reorganises while waiting for NGG deal

THE board of PNG explorer Vangold Resources has approved a plan which will give its shareholders equity

PNG

09 OCT 2009
Kina holds sway against US dollar, soars against axed Aussie dollar

Kina holds sway against US dollar, soars against axed Aussie dollar

THE KINA is continuing to gain ground against the Australian dollar as commodity prices take their toll

Economy

28 OCT 2008
InterOil gets K150 million credit facility

InterOil gets K150 million credit facility

INTEROIL has secured a K150 million ($A94.88 million) revolving working capital facility for its wholesale

PNG

28 OCT 2008
Freeport not free from copper price killing

Freeport not free from copper price killing

THE world’s largest publicly traded copper producer, US-based Freeport-McMoRan Copper & Gold, has lost

Asia

24 OCT 2008
East versus West for PNG LNG EPC contract

East versus West for PNG LNG EPC contract

OPERATOR ExxonMobil has started a dual competition over the downstream engineering, procurement and construction

PNG

16 OCT 2008
International markets show some recovery

International markets show some recovery

AMERICAN, European and Australian markets have rallied in the past 24 hours as bulls return to the fray

Economy

14 OCT 2008
Key PNG commodities take a bashing

Key PNG commodities take a bashing

MARKET mayhem is hammering commodity prices, especially copper, nickel and oil, all of critical importance

Economy

09 OCT 2008
Kina gets stronger

Kina gets stronger

MASSIVE falls in the Australian dollar have the kina reaching high ground this week as one kina now equates

Economy

09 OCT 2008
PNG faces potential lawsuit from an American

PNG faces potential lawsuit from an American

PNG is facing legal action from an American over an alleged breach of contract and non-payment for his

Government

07 OCT 2008
InterOil says its safe from credit crisis

InterOil says its safe from credit crisis

THE GLOBAL financial meltdown has prompted InterOil to confirm that its financial position is safe, its

PNG

07 OCT 2008
Treasurer indicates PNG is shielded from troubled financial markets

Treasurer indicates PNG is shielded from troubled financial markets

GROWING world economic turmoil has so far left PNG unscathed as Treasurer Patrick Pruaitch puts in a

Economy

02 OCT 2008
Marengo: North American investors keen to back developing nations

Marengo: North American investors keen to back developing nations

NORTH American investors often have a more positive perception of backing resource projects in developing

PNG

02 OCT 2008
Oil tanks after US House scuttles rescue plan

Oil tanks after US House scuttles rescue plan

THE US House of Representative’s rejection of the $US700 billion (K1.78 trillion) bailout package has

Australia

30 SEP 2008
Kina jumps 18% on Aussie dollar, 4% on US dollar

Kina jumps 18% on Aussie dollar, 4% on US dollar

PNG’s kina has enjoyed considerable appreciation over the past three months, gaining more than 18% in

Economy

25 SEP 2008

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