Freeport bites back at environmental allegations
FREEPORT-McMoRan said it will not speculate on reports that the Free Papua Movement (OPM) was responsible
Asia
18 SEP 2008
Nautilus finds more Solwara SMS systems
DEEP-SEA explorer Nautilus Minerals has found two additional seafloor massive sulphide systems within
PNG
12 SEP 2008
Nautilus sitting pretty on $US299M
DEEP-SEA explorer Nautilus Minerals has $US299 million (K761.28 million) in cash and cash equivalents
PNG
19 AUG 2008
Cheetah running from debt
STRUGGLING Nevada corporation Cheetah Oil and Gas may have to sell its 10% stake in six PNG petroleum
PNG
19 AUG 2008
InterOil posts record quarter
PNG’s sole oil refiner InterOil has had a net profit of $US15.6 million (K40.39 million) for the June
PNG
15 AUG 2008
TVI in dire need of financing
CANADIAN miner TVI Pacific is in considerable financial difficulties according to its latest six-month
Asia
12 AUG 2008
Gold Aura makes share offer, awaits Canadian cash
MICROCAP Gold Aura is offering a share purchase plan in Australia and New Zealand while the company awaits
PNG
12 AUG 2008
Freeport ramps-up Grasberg
FREEPORT-McMoRan plans to define more reserves at the record-producing Grasberg copper and gold mine
Asia
12 AUG 2008
Elk-4 confirmed as a production well for LNG project
INTEROIL has revealed that the fourth drill stem test on the Elk-4 appraisal well in PNG has measured
PNG
31 JUL 2008
Cashed-up Marengo advances Yandera
MARENGO Mining has ended the June quarter with cash reserves of $A23.7 million (K57.40 million) with
PNG
31 JUL 2008
Senior management team resigns from Cheetah
CHEETAH Oil and Gas has lost three directors within a week, including its president and chief financial
PNG
31 JUL 2008
PPM enters JV with Petromin for gold, platinum play
STATE-OWNED Petromin PNG Holdings has reportedly entered a 50% joint venture with unlisted Papuan Precious
Government
29 JUL 2008
Grasberg starts higher-grade mining
FREEPORT-McMoRan has bundled up $US947 million (K2.44 billion) in net income for the second quarter,
Asia
29 JUL 2008
InterOil files $200m shelf offering
INTEROIL has filed a shelf prospectus with the Ontario Securities Commission that allows the company
North America
24 JUL 2008
Allied loses experienced director
ALLIED Gold non-executive director and former managing director Jeffrey Moore has resigned due to “other
PNG
17 JUL 2008
New Guinea Gold scopes out inferred Imwauna resource
CANADA-based miner New Guinea Gold has outlined plans for the Imwauna prospect on PNG’s Normanby Island
PNG
15 JUL 2008
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