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Las Kuri
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MRA Closes for APEC Public Holiday

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MRA Closed for APEC Public Holiday
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Mineral Resources Authority Office Closed for APEC Public Holiday
The Mineral Resources Authority(MRA) is closed today 16th of November 2018 for the Asia Pacific Economic Cooperation  (APEC). Normal Businesses will be running on Monday the 19th of November 2018. It is advised by MRA that clients will not be entertained du...
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4th PNG Alluvial Mining and Trade Show 2018
Alluvial Mining and Trade Show in Lae begins Today 14/08/18
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4th PNG Alluvial Mining and Trade Show 2018
Alluvial Mining and Trade Show in Lae begins Today 14/08/18
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Calculations of Inflation/Escalation/Interest Rates - Mineral Economics Questions and Answers
1.       If
inflation in 2009 is 6% and NASFUND’s net profit after tax is A$150 million.
What is the real net profit? Nominal
profit   = A$150 million Profit when
inflation occurred = $150M   x 6%   = $9M   Real profit is when the inflated amount is
removed...
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