Cement News tagged under: Papua New Guinea

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Mayur appoints CEO of Central Lime Project

21 August 2023, Published under Cement News

Mayur Resources Ltd of Papua New Guinea has appointed John McBride as CEO of the company’s Central Lime project. Mr McBride has extensive technical, operational and commercial experience in global materials companies. He was the CEO of Sibelco’s Lime Division and most recently president of APAC at lime company Graymont. Mayur’s Managing Director, Paul Mulder, said: "We are excited to have attracted talent of the calibre of John to lead our Central Lime Project. John’s industry, developmen...

PNG’s new plant prospects

14 June 2022, Published under Cement News

When Australia-based development company Mayur Resources discovered 382Mt of high-grade limestone resources adjacent to the ocean just 25km from Papua New Guinea’s capital Port Moresby in 2016, it was a moment of excitement. Since then, the company has been developing the Central Cement & Lime Manufacturing facility at Port Kido and, despite COVID-19 impacts, advances are being made and the prospects are promising. By Mayur Resources, Australia. Mayur Resources’ Central Cement & Lime ...

Mayur Resources’ project awarded special economic zone status

09 September 2021, Published under Cement News

Mayur Resources' Central Cement and Lime project area has been granted Special Economic Status by the Papua New Guinea government. Managing Director, Paul Mulder, said “I greatly appreciate the leadership of the PNG Prime Minister & Minister for Bougainville Affairs & Defence, Honourable James Marape, in the establishment of this Special Economic Zone (SEZ) as it sets the right conditions for large-scale investment to thrive and catalyse down-stream processing in the SEZ that will pa...

Nationbuilding in Papua New Guinea

12 October 2020, Published under Cement News

Mayur Resources is an ASX-listed company focussed on the development of natural resources in Papua New Guinea (PNG). As the company prepares to begin construction of the country’s first integrated cement and lime project next year, Tim Crossley, executive director of Mayur Resources, explains how the plant will have first-mover advantage to capture the growing domestic market as well as significant export market potential. Mayur Resources will build Papua New Guinea’s first integrated...

Mayur Resources moves closer to new cement and lime project go-ahead

12 March 2020, Published under Cement News

Mayur Resources' vision to build Papua New Guinea’s first cement project is becoming clearer after the company announced it had signed all the landholder compensation agreements required for the development of its flagship Central Cement and Lime project, near Port Moresby, Papua New Guinea. Ongoing due diligence is continuing with potential strategic funding partners for the US$350m project which has a target annual production of 1.65Mta cement/clinker and 200,000tpa of quicklime for sup...

Papua New Guinea 1.65Mta plant in planning stages

20 December 2019, Published under Cement News

Mayur Resources ' Central Cement & Lime Project in Papua New Guinea (PNG) is another step closer to development with debt lead arranger KPMG Corporate Finance receiving Letters of Interest from a number of lenders wishing to participate in the debt financing of the US$350m project. KPMG approached a variety of debt providers around the world, including commercial banks and export credit agencies linked to the engineering, procurement and construction providers for the 100 per cent Mayur‐ow...

PNG’s Mayur transformation

29 July 2019, Published under Cement News

Mayur Resources recently announced plans for the construction of Papua New Guinea’s first integrated cement and quicklime plant. Located 25km north of Port Moresby, the country’s capital, the facility will support the government’s programme to add value to the nation’s vast mineral wealth. By Mayur Resources, Australia. Mayur Resources’ new cement plant will reduce Papua New Guinea’s dependence on imports and lower domestic cement prices, supporting infrastructure development in th...

Papua New Guinea to build new cement plant

07 May 2014, Published under Cement News

A project to convert Simbu province's vast limestone resource into cement will begin this year, said Peter O'Neill, Papua New Guinea's Prime Minister. The Prime Minister told Parliament that the province's Chuave district has a limestone resource that will be commercially developed under a project that has already been brought before Cabinet for its approval. "The NEC has approved PGK28m (US$10m) for this project. We are now insisting that a credible partner be found to fully develop th...