Maybe everyone has just seen this article from 9 days ago...
https://www.smh.com.au/business/com...line-of-png-law-shake-up-20180716-p4zrpc.html
Major Australian mining companies face the prospect of higher royalties, tough restrictions on fly-in fly-out workers and the potential nationalisation of assets under reforms under consideration by the cash-strapped Papua New Guinea government.
The proposed law changes have sparked warnings from the country's peak mining body that they would pose “significant deterrents” to investment in future projects and “threaten the existing operations of current mines”.
Several Australian Securities Exchange listed companies including Newcrest, Highlands Pacific and St Barbara Limited operate mines in Papua New Guinea, which has significant resources including gas, gold, copper, cobalt and nickel.
Maybe everyone has just seen this article from 9 days ago......
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Last
35.3¢ |
Change
0.003(0.71%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.5¢ | 34.3¢ | $838.2K | 2.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 594859 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 1023915 | 36 |
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| Last trade - 14.19pm 22/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
