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Newcrest Mining Limited Sponsors APEC
 
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Newcrest Mining Limited has signed on as a platinum sponsor for APEC 2018 in a move that Ian Kemish, Newcrest Executive General Manager, describes as a show of support to the country and solidifies the company’s commitment to national partnership. A highlight of the APEC calendar will be the CEO summit on the 15-17th November, steered by PNG’s APEC Business Advisory Council.
Views: 79 EMTV Online
Garnaut Says Lihir `Worth a Lot More' Than Newcrest Bid: Video
 
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April 1 (Bloomberg) -- Ross Garnaut, chairman of Lihir Gold Ltd., talks with Bloomberg's Susan Li about the company's rejection of a A$9.2 billion ($8.4 billion) takeover bid from Newcrest Mining Ltd. Garnaut, speaking by telephone from Brisbane, also discusses Lihir's new chief executive officer Graeme Hunt, who was appointed today. (Source: Bloomberg)
Views: 119 Bloomberg
Garnaut Says Lihir `Worth a Lot More' Than Newcrest Offer:Video
 
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April 1 (Bloomberg) -- Ross Garnaut, chairman of Lihir Gold Ltd., talks with Bloomberg's Susan Li about the company's rejection of a A$9.2 billion ($8.4 billion) takeover bid from Newcrest Mining Ltd. Garnaut, speaking by telephone from Brisbane, also discusses Lihir's new chief executive officer Graeme Hunt, who was appointed today. (Source: Bloomberg)
Views: 52 Bloomberg
SolGold (TSX:SOLG) Has a Tier 1 Copper, Gold Discovery
 
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In this interview with SmallCapPower at Mines and Money Americas 2017, SolGold (TSX:SOLG) Executive Director Nicholas Mather explains why resource investors should take note of SolGold’s new copper, gold discovery in Ecuador, which has the backing of mining heavyweight Newcrest Mining Limited as well as Guyana Goldfields Inc. (TSX:GUY).
Views: 808 SmallCapPower
Hunt Says Lihir Is Confident It Will Meet Output Target: Video
 
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July 28 (Bloomberg) -- Lihir Gold Ltd. Managing Director and Chief Executive Officer Graeme Hunt talks with Bloomberg's Haslinda Amin about the company's output forecast. Lihir reported a 17 percent decline in second-quarter production. The company today restated its full-year output forecast of between 1 million ounces and 1.1 million ounces. Hunt, speaking from Brisbane, also discusses the outlook for gold prices, Lihir's agreement to a A$9.8 billion ($8.8 billion) takeover by Newcrest Mining Ltd., and Australia's proposed mining tax. (Source: Bloomberg)
Views: 85 Bloomberg
PNG Still Perceived as One of the Highly Corrupted Countries in the World
 
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Papua New Guinea has been ranked 135th out of 180 countries in the Corruption Perception Index. The Index, released by Transparency International today, is an annual report ranking countries according to perceived levels of corruption. Whilst PNG has improved its rank by 15 places in the last five years, the report still places PNG in the top 25 percent of highly corrupt nations.
Views: 147 EMTV Online
EMTV News - 22nd February, 2018
 
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Headlines: Police women learn advanced tactical driving; for APEC Newcrest signs up as APEC Platinum sponsor and PNG still in top 25 of most corrupt on perception index. - visit us at http://www.emtv.com.pg/ for the latest news...
Views: 634 EMTV Online
sky news Altura Mining 001
 
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sky news talks about Altura and lituium
Views: 985 60trailblazer
A taste of flying in Papua New Guinea. Volume 1.
 
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Filmed with a small GoPro Hero 4 camera. Flying around in Tokua/Rabaul, Nadzab/Lae, Lihir/Kunaye and Hoskins. The GoPro was mounted on the ground before flight, and did not block or bother either of the pilots during any phase of flight. Music: Odesza - Meridian.
Views: 2082 Patrick Storesund
Gold to go to US$5000/oz
 
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At a conference in Brisbane over the 17th & 18th of June I gave a presentation to an audience and said that we are looking at very much higher gold prices in the next few years, and thought that we'd be able to achieve a price of about US$5,000/oz in that time period. Now, that's not a such a strange number compared to where we are today, because gold prices in almost all currencies are making new all time highs; we're certainly seeing that in US dollars in the last week, we've certainly seen that in terms of Euros, in British Pounds, in Swiss Francs, most of the OECD currencies. The commodities currencies, like the Australian dollar, the Brazilian Real, and one or two other commodities currencies, have actually been a little different in their character, and consequently they have not yet made new all time highs in 2010, as the OECD currencies generally have. WE've got to look at that long term issue that I mentioned and if you think about where prices are in real terms; the gold price peaked on the 21st January 1980 at over $875/oz and there has been a lot of cumulative inflation since that period, so in real terms where we are today compared with that $875 in today is only about $550/oz, so even though we've got a bigger number, in real terms we're still well below where we were 30 years ago The other thing to keep in mind too, is that the conditions today are far worse in terms of the background and intrinsic value of gold compared to where it was in those very strong inflationary period in the late 70's/early 80s World gold production peaked in 2001, that's almost a decade ago, and response to the higher gold price has been remarkably muted; the main reason for that is the decline in gold production from South Africa and we've seen growth from China. China is now the world's largest producer, eclipsing Australia and the United States; Peru is also becoming an important player as we go forward. But the demand for gold is rising, investment demand is much, much higher, it's about three times the level is was even three years ago and the central banks are no longer selling their gold, they release how important it is to their monetary structure. Consequently the supply of gold is no increasing at all, and the demand, as I mentioned, is rising, with very strong demands for gold coins and gold ingots. Now when we look at gold stocks, they've really underperformed over the last few months with the rise in the gold price, but the fascinating thing that I've found is that gold stocks have really gone sideways and we if we look at the US indices going back to that late 70s the gold stocks have really gone sideways for 30years and what we're looking to see is a breakout on to the upside, reflecting that higher gold price. But all the indicators are that gold stocks are outperforming the general market, the volumes are picking up in gold stocks against the rest of the market and I think that we're going to see quite a substantial outperformance by the gold sector and other commodities as we go through the next couple of years. I think that the experience that we saw from 2000 with the peak in the US equity market with its declined into 2003, in that period we saw gold stocks move up quite substantially, and whatever happens to the US equity markets, we going to find that these gold stocks are going to outperform. So, there's many opportunities coming through now, the Australian market, of course, has been hit with this resource rent tax issue, something that I think is quite bizarre in concept and will most definitely not be accepted by any party in its current form and will probably just be forgotten about after the next election. But the opportunities in the Australian share market are quite reasonable. Have a look at the recommendations that we have. As far as our portfolio is concerned people must have the larger cap stocks, the Newcrests (Newcrest Mining Ltd; ASX:NCM) and the Lihir's (Lihir Gold Ltd; ASX:LGL), and you must have a portfolio of six or seven stocks at least, and when you get down to the smaller ones you have got to have a good spread , because the risk in those companies is still quite great, although the rewards are as we go through will be substantial.
Views: 1524 mpsecurities
Interview with Ian Kemish, Australia's High Commissioner to PNG
 
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Jenny Hayward-Jones interviews Ian Kemish about the future of Papua New Guinea and its relationship with Australia.
Views: 105 Lowy Institute
Tom Smitheringale ABC Perth part 1.
 
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Views: 4145 jimepic
Season 2_Episode 2_MJ Electrical - a YLM Partner
 
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YLM has more than 30 business partners, working together to improve the lives of youth in Port Moresby. In this episode we look at the outstanding contribution from MJ Electrical to the YLM Program, and how they are changing the lives of young men and women. In 18 months, MJ Electrical have provided 20 YLM graduates 8 weeks 'on-the-job-training' after completing an 8-week theoretical course. Upon completion, many graduates have been offered full time, permanent employment or apprenticeships. We talk to the men and women who have turned their lives around thanks to private enterprise, like MJ Electrical. This is an NCDC Yumi Lukautim Mosbi Projek initiative. Your city, your future. Visit the website for more information: www.yumilukautimmosbi.org.pg/ A presentation by Media Haus Productions.
Views: 255 eleanorblaney
Qantas Airways Full Year Result 23 Aug 18: QAN reports stronger profit; higher fuel costs ahead
 
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Qantas Airways (QAN) has recorded a 14% rise in full year profit before tax - in line with market expectations. The airline has warned that jet fuel prices are set to increase further in FY19. CommSec Reporting Season Coverage: https://www.commsec.com.au/reportingseason CommSec Reporting Season Calendar: https://www.commsec.com.au/content/dam/EN/ReportingSeason/August2018/CommSec_Reporting_Season_Calendar_August2018.pdf Visit CommSec’s Executive Series website: https://www.commsec.com.au/market-news/executive-series.html Visit CommSec’s Market News hub: https://www.commsec.com.au/market-news/the-markets.html Follow us on Twitter: http://www.twitter.com/commsec Subscribe to CommSecTV: https://www.youtube.com/user/CommSecTV
Views: 172 CommSecTV
Australian Market Report of July 27, 2010
 
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The Australian stocks market on Tuesday extended gains as Dow Jones index hit a two-month high due to strong US new home sales and corporate earnings. Shortly after the opening bell, the S&P/ASX200 Index rose 0.74 per cent, and the broader All Ordinaries Index was up 0.7 per cent. On Tuesday, Housing Industry Association releases its Trades Report for the June quarter. Company News Macarthur Coal Limited (ASX:MCC) has terminated a deal to acquire CITIC Resources Holdings Limited's (HKG:1205) ownership and marketing interests in the Coppabella and Moorvale joint venture. In the CITIC transaction, Macarthur was to issue CITIC with 11.3 million Macarthur shares at a fixed price of A$9.70 per share, for a total value of A$110 million. Macarthur said some minority participants in the joint venture have not waived the pre-emptive rights in relation to the transaction. The termination means that Macarthur's interest in the joint venture will remain at 73.3 per cent. The company says it is committed to review and assess similar opportunities should they arise in the future. Newcrest Mining Limited (ASX:NCM) and Sumatra Copper & Gold plc have signed a Heads of Agreement involving an equity investment by Newcrest in Sumatra and a joint venture investment in two of Sumatra's gold projects in the southwest region of the Island of Sumatra, Indonesia. Newcrest would take an equity interest of up to 13.2 percent in Sumatra, earn a 70 per cent interest in Sumatra's Tandai project and take an option over a 25 percent stake in Sumatra's Tembang Project. Australand Property Group (ASX:ALZ) said it achieved an operating profit after tax of A$60.4 million in the six months ended June 30, and confirmed it remains on track to achieve full year guidance. The property group posted half year net profit up 127 per cent to A$72.2 million. The fundamentals for the residential, commercial and industrial sectors remain positive, and the group is well positioned to achieve its 2010 earnings guidance and deliver growth in 2011. The company expects its operating profit will be similar in 2010 that achieved in 2009. Insurance Australia Group Ltd (ASX:IAG) is expecting to report a net profit for the year ended June 30 of A$91 million, down from A$181 million for the 2009 year. But the company will pay a fully franked final dividend of A$0.045 a share, taking the full-year dividend to A$0.13, fully franked, up 30 per cent from last year's A$0.10. IAG has made changes to its executive team, and says it also expects an improved performance in fiscal 2011.
Views: 224 ABN Newswire
Australia's QBE Profit Is Up - Bloomberg
 
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The nation's biggest property and casualty insurance reports a nearly 20% jump in profits. (The Trade)
Views: 305 Bloomberg
The Chartist - Free Chart of the Week - Gold
 
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http://www.thechartist.com.au Sign up for our free chart of the week. This week Scott Goddard takes a look at the latest Gold chart. This is a sample of The Chartist Global Chart Research. Visit our website for more info.
Views: 726 The Chartist