Here's the revised version of your article with a business focus and Australian English spelling and grammar corrections: Indonesia is Our New Focus: Minister Maru The Minister for International Trade and Investment, Hon. Richard Maru, has highlighted Papua New Guinea's (PNG) new focus on attracting Indonesian investments following recent high-lev...

Great Pacific Gold Corp. is pleased to provide an update on its short-term exploration strategy. After a thorough review of its dominant land position in both Papua New Guinea (“PNG”) and Victoria, Australia, the Company has developed a focused short-term plan aimed at advancing gold-copper resources on its core projects. Core Projects: Kesar – Loca...

In late August, seventeen ExxonMobil trainees graduated in a ceremony held at the Kumul Petroleum Academy (KPA) at Idubada. The trainees completed a one-year full-time course and achieved City and Guilds certification in their respective disciplines. Eleven trainees received their certificates in plant process operation, and six were certified as instrume...

People living in villages near remote Teapopo, on the Fly River, will no longer have to travel for hours to Daru or Balimo to access basic medical services, thanks to a newly constructed health centre, supported by Kumul Petroleum in partnership with the provincial government. The opening was officiated by Kumul Petroleum’s External Affairs Executive G...

Santos has announced the signing of a mid-term LNG supply contract with Glencore Singapore Pte Ltd (Glencore). The contract involves supplying 19 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum over a period of three years plus one quarter. The supply will come from Santos' global portfolio of world-class LNG assets on a deliver...

Prime Minister Hon. James Marape has announced that the Government’s Position Paper on the Wafi-Golpu Mine in Morobe has been delivered to Joint Venture Partners, Newmont and Harmony. The Government is now awaiting a response from the two companies before moving forward with the issuance of the Mine Development Contract (MDC) and Special Mining Lease (SML...

Prime Minister Hon. James Marape on Friday, September 6, 2024, held bilateral talks with the Prime Minister of the Republic of Vanuatu, Hon. Charlot Salwai, at Sir Manasupe Haus in Port Moresby. The two leaders met for brief discussions on the sidelines of the Papal Visit to Papua New Guinea. Among the key topics discussed were PNG’s assistance to Vanu...

Prime Minister Hon. James Marape has expressed deep gratitude to Pope Francis on his de- livery of messages of service, unity and peace to the people of Papua New Guinea. Prime Minister Marape and his wife, Mrs Rachael Marape, joined the Pontiff, his clergy, and thousands of Catholic worshippers at Sir John Guise Stadium in the 3-hour mass before meeti...

LAE Biscuit Company Limited for the first time is promoting its quality Papua New Guinea-made products to the world through an exhibition in Australia. Fine Food Australia is the leading trade event for the food industry running for 40 years. The event has featured hundreds of food industry professionals from Australasia and beyond. In an intervi...

Papua New Guinean marine services business, Pacific Towing (‘PacTow’) is performing a growing number of long-distance ocean towage projects, many of which are international.  The company has towed all sorts of vessels and ‘structures’ throughout Melanesia, as well as in Australian waters, Indonesia, Micronesia, the American waters of Guam, and Singapore w...

Tolu Minerals is poised to breathe new life into the Tolukuma gold mine, aiming to unlock substantial gold resources and restore production. This strategic effort not only signals a significant revitalisation of one of Papua New Guinea’s historically high-grade mines but also promises far-reaching economic and social benefits for the region. Tolu Miner...

Tolu Minerals has launched the Bakoiudu-Tolukuma Road Project in Central Province, Papua New Guinea. This crucial infrastructure initiative will connect the Kairuku and Goilala Districts, benefiting both the Tolukuma Mine and local communities. Governor for Central Province, Hon. Rufina Peter, and Managing Director of the MRA, Mr. Jerry Garry, the Mana...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) added two new female councillors to its council at its annual AGM last week as CORE's membership renewed its council and leadership. The AGM confirmed the re-election of President Anthony Smarè as independent President, and Senior Vice President Richard Kassman (TotalEnergies), who will ...

Prime Minister Hon. James Marape held bilateral talks with Singapore’s Second Minister for Foreign Affairs and Education, Dr Maliki Osman, this afternoon on the sidelines of the Pacific Islands Forum Leaders Meeting in Nuku’alofa, Tonga. Reflecting on the strong ties between Papua New Guinea and Singapore, Prime Minister Marape noted that PNG has maint...

Prime Minister Hon. James Marape has actively lobbied for a larger quota in New Zealand’s Recognised Seasonal Employer (RSE) Labour Mobility Scheme. During a meeting with New Zealand’s Prime Minister Hon. Christopher Luxon on the margins of the 53rd Pacific Islands Leaders’ Forum, held on Wednesday, 28 August 2024, in Tonga, Prime Minister Marape reque...

Prime Minister Hon. James Marape has commended the United States of America and the People’s Republic of China for their pledges to work together with the nations of the Pacific. Prime Minister Marape made these remarks following statements issued at the 53rd Pacific Islands Forum (PIF) Leaders Meeting by US Deputy Secretary of State Dr Kurt Campbell a...

Ok Tedi Mining Limited (OTML) is pleased to announce the extension of its contract with landowner company Fubilan Catering Services (FCS) for an additional five years, valued at US$116 million (K420 million). This extension will allow FCS to continue provide catering services to the mine operations and FIFO camp in Tabubil. Under the renewed contrac...

 The PNG Extractive Industries Transparency Initiative (PNGEITI) has called on companies operating in the extractive sector to honour their commitments to the EITI process by being transparent in all areas of their operations, including their obligation to pay taxes to the government. The Executive Director of the PNGEITI National Secretariat, Lucas Al...

The recent August POMCCI Breakfast event saw Ashurst PNG host an exclusive breakfast panel discussion, “Building for the Future: Lessons Learnt,” at the Marriott Executive Apartments’ Harbourside South on 29 August in Port Moresby. The event, designed as a networking stand-up buffet, was attended by leading corporate members, industry stakeholders, and de...

The Bank of Papua New Guinea (BPNG) officially launched the Kina and Toea Exhibition, a display celebrating the nation's rich economic history and the 50th anniversary of Papua New Guinea’s currency. This event, held as part of the Bank’s 50th anniversary celebrations, coincides with the upcoming 50th anniversary of PNG's independence in 2025. The Kina...

The National Energy Authority (NEA) has officially launched its Corporate Plan 2023-2027, marking a significant milestone in Papua New Guinea’s energy sector. The Corporate Plan, launched on 23 August at APEC Haus in Port Moresby, is the first of its kind for the NEA. It outlines the strategic direction and key objectives that will guide the Authority’s e...

François Valerian, the Elected Chair of Transparency International (TI), raised concerns surrounding the long-term value of combating corruption within the business sector globally, including in Papua New Guinea. He noted that ethical practices are essential for sustainable growth. "The benefit of shareholders and stakeholders lies in the sustainability a...

Papua New Guinea is moving towards establishing the Pacific region’s first Blue Carbon Policy, aimed at safeguarding the country’s vital blue carbon ecosystems. The National Blue Carbon Policy provides an enabling framework for the conservation and sustainable management of blue carbon ecosystems in the country. A two-day National Blue Carbon Policy Ro...

To enhance maritime security, PNG Ports Corporation Limited (PNG Ports) has announced its active involvement in a newly formed working committee aimed at addressing criminal activities within declared port areas. This initiative comes at a time when ensuring the safety and security of ports is increasingly vital to the smooth operation of national and int...