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 2010Salinas 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
THE board of PNG explorer Vangold Resources has approved a plan which will give its shareholders equity
PNG
09 OCT 2009
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
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
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
OPERATOR ExxonMobil has started a dual competition over the downstream engineering, procurement and construction
PNG
16 OCT 2008
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
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
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
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
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
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
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
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
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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