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Finance

PNGX Group to Acquire PNG Registries from MUFG Pension & Market Services

PNGX Group and MUFG Pension & Market Services today announced they have reached an agreement for PNGX Group to acquire PNG Registries from MUFG Corporate Markets, a division of MUFG

Resources

Newmont Corporation Posts Record Q3 2025 Earnings, Boosted by Gold Prices

Newmont Corporation announced third-quarter 2025 results that exceeded analyst forecasts, with adjusted net income of $1.9 billion, or $1.71 per diluted share. The results reflect strong gold prices and effective

Resources

Elliott Acquires $700 Million Stake in Barrick Mining, Joins Top 10 Shareholders Amid Restructuring Speculation

A major shake-up is underway at Barrick Mining. Elliott Investment Management, a prominent American hedge fund, has quietly taken a large stake in the company. Valued at around $700 million,

Finance

$2.7 Billion Merger: Ashurst and Perkins Coie Merge to Form Global Legal Powerhouse

Ashurst and Perkins Coie have announced their intention to merge, creating a new global law firm named Ashurst Perkins Coie. This merger is set to position the combined firm among

Finance

Southeast Asia Targets US$2 Trillion Economy by 2030, Says Indonesian Minister Highlighting ASEAN’s Robust Growth

South-east Asia is positioning itself as a leading hub for economic opportunity, with the region projected to become a US$2 trillion economy by 2030, according to Indonesia’s Coordinating Minister for

Resources

African Rainbow Minerals Eyes $4-5 Billion Copper Venture in Papua New Guinea with Newmont

African Rainbow Minerals (AFBOF) is embarking on one of its most ambitious projects yet—a major copper mining venture in Papua New Guinea, in partnership with global mining giant Newmont Corporation

Finance

ANZ Bank Reports statutory profit of AUD 5.89 billion for 2025 Financial Year

Australian banking giant ANZ today announced its full-year financial results for 2025, marking the first full year under new CEO Nuno Matos. The results reflect both challenges and opportunities as

Finance

BSP Financial Group Reports K860M Revenue, K284M Profit Up 22% in Q3 2025

Port Moresby, Papua New Guinea — BSP Financial Group, the largest bank and financial institution in the South Pacific, announced its third quarter 2025 financial results, demonstrating strong revenue growth,

Leadership

Steamships Appoints Alan Heyns as New CEO of Pacific Palms Property

Steamships has announced the appointment of Alan Heyns as Chief Executive Officer of its Property Division, Pacific Palms Property (PPP), stepping into a pivotal role as the company embarks on

Leadership

Fiji Airways Appoints Paul Scurrah as New Managing Director and CEO

Fiji Airways today announced the appointment of Mr. Paul Scurrah as its new Managing Director and Chief Executive Officer, effective 1 November 2025. Mr. Scurrah brings over 25 years of

Barrick Gold Faces Uncertainty Over Confiscated Gold in Mali, Operations in Papua New Guinea Unaffected

Bamako, Mali – Barrick Gold Corp., one of the world’s largest gold producers, is grappling with uncertainty following the seizure…

Resources

Mayur Resources Raise K265 Million to Fund its Central Cement and Lime Project in Papua New Guinea

Port Moresby- Mayur Resources has raised K265 million (A$100.1 million) to fund its Central cement and lime project in Papua…

Finance

BSP’s K1 Billion Question: Can PNG’s Biggest Bank Finance The Next Wave Of Pacific Growth?

Can PNG’s biggest bank, the BSP Financial Group Limited (BSP) finance the next wave of Pacific growth? That is the…

The CEO Series

Kedi Ilimbit and the Long Game at Ok Tedi

Kedi Ilimbit is now at the centre of one of Papua New Guinea’s most important companies, and his rise says…

Leadership

PNG Defence Force: Political Interference, Broken Systems, and a Defence Force on Edg

Papua New Guinea’s Defence Force is facing fresh scrutiny after unrest at Murray Barracks in Port Moresby on the night…

Company Spotlight

Kina Bank: Growing Beyond Traditional Banking

Long before Kina Bank became one of Papua New Guinea’s biggest banks, it was something very different. A small financial…

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PNGX Group to Acquire PNG Registries from MUFG Pension & Market Services

Newmont Corporation Posts Record Q3 2025 Earnings, Boosted by Gold Prices

Elliott Acquires $700 Million Stake in Barrick Mining, Joins Top 10 Shareholders Amid Restructuring Speculation

$2.7 Billion Merger: Ashurst and Perkins Coie Merge to Form Global Legal Powerhouse

Southeast Asia Targets US$2 Trillion Economy by 2030, Says Indonesian Minister Highlighting ASEAN’s Robust Growth

African Rainbow Minerals Eyes $4-5 Billion Copper Venture in Papua New Guinea with Newmont

ANZ Bank Reports statutory profit of AUD 5.89 billion for 2025 Financial Year

BSP Financial Group Reports K860M Revenue, K284M Profit Up 22% in Q3 2025

Steamships Appoints Alan Heyns as New CEO of Pacific Palms Property

Fiji Airways Appoints Paul Scurrah as New Managing Director and CEO

Recent Posts

Barrick Gold Faces Uncertainty Over Confiscated Gold in Mali, Operations in Papua New Guinea Unaffected

Mayur Resources Raise K265 Million to Fund its Central Cement and Lime Project in Papua New Guinea

BSP’s K1 Billion Question: Can PNG’s Biggest Bank Finance The Next Wave Of Pacific Growth?

Kedi Ilimbit and the Long Game at Ok Tedi

PNG Defence Force: Political Interference, Broken Systems, and a Defence Force on Edg

Kina Bank: Growing Beyond Traditional Banking

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