PNGBLOGS

The Frieda Mine project is PNGs largest currently reported copper, Gold and silver resource. An update resource estimate has increased the Frieda River endowment to a total of 25.6 billion pounds of copper, 18.2 million ounces of gold and 49million ounces of silver. With copper prices currently at US$3.00 per lb this represents a value of approx US$75Billion and of which  investment totalling  US$6 Billion is required to realize. This value is placed on copper alone not counting the value on the Gold and Silver.  This is the resource that Pan Aust Ltd says it will pay US$125 million to own. Pan Aust has paid US$25 million as deposit and will pay another US$50 million by the end of 2015 after it has taken control of the mine and developed the mine and then use the resource of the mine to pay that  US$50 million to Xstrata Glencore and to further pay another US$50 million in smelting Fees  through smelters owned the Glencore.  On the 11th of August Pan Aust announced to the Austral

A Prediction on How He Will Evade The UBS Scandal By  JASON WAUGLE   Starting with his success at squirming out of the fraud charges that came out of the NPF scandal investigation nearly 15 years ago, Peter O’Neill has earned a solid reputation as being a remarkable piece of slippery slime that no member of truth seeking police, ombudsman, court, or legislative members have been able to hold onto for long.  He dodges and darts like Bruce Lee evading  an opponent’s solid kick.  He piles one half truth upon another until even anti-corruption activists are backing off with their heads spinning in total confusion.  Peter O’Neill can shed his skin like a snake and squeeze through the smallest holes like the most slippery eel.   As much as the late arch criminal William Kapris spoke bad about the corruption of politicians, Peter O’Neill came out of the same mold as Kapris.  Kapris must have had grudging respect for the man.  Now Peter O’Neill is back in the ring again, this time facing h

PNGBlogs Contributor Network Gulf Governor Havilo Kavo with his under-aged lover. In Papua New Guinea, for far too many years prior to and following the advent of the internet introduced late to PNG in 1998, many prominent Papua New Guinean political leaders have not been exposed by mainstream media for any alleged misconduct in office if allegations or evidence involved any issue considered personal. The mainstream print media in particular shied away from exposing political leaders for alleged misconduct in office by naming them and subjecting them to public scrutiny by holding them accountable under the Leadership Code if the issue was of a 'personal' nature possibly because of potential 'payback' or revenge by the political leaders supporters. Those days are long gone, thanks to Digicel and the explosion of PNG social media; and also proxy servers via which it is impossible to trace an internet user who for security reasons does not want to b

For a national leader to adopt the national dress of Communist China as their own formal wear is weird to say the least. By The Waigani Observer From the time he became prime minister, one thing about Peter O’Neill has annoyed  the crap out of a couple of his minders.    Again and again on EMTV and in the newspapers you will see our PM helicoptering around the villages of PNG and meeting world leaders dressed not in a western business suit, nor the Melanesian laplap typical of Fijian leaders and Michael Somare, but in an unusual kind of dress coat.   It’s not really western and certainly not Melanesian.  PO’s specially selected dress seems well suited for any occasion. Those who know a little about Asian history or travelled around China could figure it out.    PO is wearing a style of dress so clearly associated with a particular person that it bears their name.   We’re talking about none other than the Mao Suit named after Mao Zedong.     Who is Mao Zedong and

By Joseph Yandapaki The Prime Minister’s unprecedented attack on the independence and integrity of the Ombudsman Commission over his referral for prosecution under the Leadership Code should be of great concern to all Papua New Guineans. The Ombudsman Commission is a critical independent institution of state and is a foundation-stone of good governance of the nation. The Prime Minister’s deceitful attack on it is designed to undermine its standing ahead of any hearing of his case, and ultimately to prevent any prosecution going ahead under a Leadership Tribunal. His actions constitute a direct threat to the effectiveness of the Ombudsman Commission and its role in national affairs. Ultimately they are a direct threat to the commission’s existence. People should not be surprised by the attack, nor by the slyness of it, the use of half-truths and misinformation, and the blatant disregard for the Constitutional processes and procedures that underpin the Ombudsman Commission. T

The PM is always disappointed about the conduct of everyone around him except himself. He tries to create around himself an image of being always picked on, unfairly judged, hounded by his political enemies, blah blah blah. Peter O'Neill is constructed of 100% lies and deceptions. Virtually everything he does is a deception, from his "helping the rural poor" district support grants designed to buy the loyalty of MPs who then use the money to buy the peoples votes, to his fake foundation designed to create the illusion that Peter O'Neill actually cares about anyone but himself, to his perpetual contradictions of his own previous personal statements like: That letter doesn't even exist, I didn't even sign that letter that doesn't exist, I may have sign ed that letter but the payment was legal, blah blah blah. How much longer must we tolerate this leader without a conscience or remorse, a man appointed to lead his country who in actuality thinks about n

The Prime Minister, Peter O’Neill has expressed disappointment in the manner in which the Ombudsman Commission has referred him to the Public Prosecutor. The referral is based on three allegations: 1. Claims that the National Government did not follow administrative and financial processes in acquiring the UBS loan to purchase shares in Oil Search Limited 2. The sacking of Don Polye as Treasurer 3. Making a statement on EMTV relating to the lack of official consultation on the matter. The claims follow the decision by the National Government to raise a UBS bank loan that enabled Papua New Guinea to buy back shares in Oil Search that have since increased in value by close to 500 million Kina. “It is disappointing that the Ombudsman Commission has chosen to take this course of action instead of following procedure and tabling its final investigation in Parliament,” PM O’Neill said. “This is a case of ‘sour grapes’ by former ministers who have been pushing this issue with th