PNG Investment Conference

Close to 1000 delegates from government, financial corporations and mining companies attended the 14th PNG Mining and Petroleum Investment Conference in Sydney. Petroleum companies like Oil Search, Horizon Oil, and Twinza Oil; and mining companies like Harmony Gold SEAsia, Nautilus Minerals, and Barrick have provided updates and presentations on project and future opportunities. Despite falls in the price of oil and other commodities, Papua New Guinea’s Government is reassuring investors and mining companies about the benefits of investing in PNG. The speakers were mostly positive about commodity prices recovering in recent months but discussed other potential risks to doing business in Papua New Guinea.

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