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K92 ready to take next big step at Kainantu

CANADA’S K92 Mining Inc. is confident it is ready to move to the next level as a gold producer after achieving significant upgrades to pleased to operations and Stage 2 expansion at its producing underground Kainantu Gold Mine in Papua New Guinea. Chief Executive Officer and Director, John Lewins, said Kainantu has recently undergone a significant expansion and modernisation of the mining fleet. The fleet expansion includes not only an

Study forecasts a boost in Asia Pacific oil and gas investments

CONFIDENCE in the outlook for Asia Pacific’s oil and gas industry has more than doubled in the past two years, according to new research published by DNV GL. The study found that 76% of senior oil and gas professionals in Asia Pacific are optimistic about the industry’s growth in 2019, compared with 58% in 2018 and 30% in 2017. The proportion of industry leaders who are confident in their own

WoodMac tips Brent crude to average US$65 a barrel in 2019

Global markets were volatile heading into the new year. Oil has been no exception, with Brent trading between $62 per barrel on 7 December 2018 before falling to $51/b on 21 December. Mixed macroeconomic data have driven much of the volatility, with political uncertainty compounding concerns of a sharper than expected economic slowdown. What oil price is justified by the fundamentals? Ann-Louise Hittle, vice president, for macro oils at Wood