AGP Executive Report
Last update: 9 hours agoMining: Estrella Resources has started Timor-Leste’s first drilling at the Laleno Dome copper-gold prospect, with a 2,650-metre campaign planned through mid-December. Its joint venture has also agreed to sell 27,000 tonnes of manganese ore, a step toward the country’s first revenues from the project. Energy: TIMOR GAP is taking over Woodside’s stake in Greater Sunrise in a deal worth up to US$200 million and is seeking an international operator to develop the gas fields. Digital Payments: The government has approved a draft decree requiring businesses to offer electronic payments, with six months to comply and exemptions for street vendors and remote areas lacking infrastructure. Labour: Government, employer and worker representatives have outlined reforms to make the National Labour Council more inclusive and effective, including regular meetings and stronger technical support.
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