AGP Executive Report
Last update: 12 hours agoMining: Taruga Minerals appointed Eric de Mori managing director as it prepares its first diamond drilling at the Weioko gold deposit on Normanby Island. Papua LNG: Prime Minister James Marape assured landowners their benefits are protected in the proposed US$14.5 billion project; an opinion piece urged transparency and careful assessment of the risks of state borrowing before a final investment decision. Trade & Ports: Lae’s South Pacific International Container Terminal reported 15% growth this year and expects cargo volumes to rise further as development projects drive imports. Fuel Security: Pacific Lime and Cement is seeking partners for a proposed 1.8-billion-litre fuel reserve at its Kido port precinct, which could serve PNG and the region. Public Revenue: Customs collections rose 42% year on year to K1.48 billion in the latest quarter, about 80% of the revised annual target. Investment: PNG and Australian business councils welcomed talks on attracting investment and expanding opportunities beyond the resources sector.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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