Leading underground contract miner Barminco has selected Sandvik to supply a 23-unit fleet of underground trucks, loaders and drills for the Bellevue Gold Project in Western Australia. The order, which was booked in the second quarter of 2026, includes seven Toro® TH663i trucks, six Toro® LH517i loaders, five Sandvik DL432i longhole drills and five San...
The New Ireland Provincial Government has committed K1.5 million to support women entrepreneurs and expand financial inclusion across the province through a new partnership with Women's Micro Bank Limited under the Empowering Mama Bilas Peles Program. The funding commitment was announced by New Ireland Governor Byron Chan during the program's official ...
ExxonMobil PNG Limited (EMPNG) recently marked a decade of biodiversity partnership under the PNG LNG Project, bringing together government representatives, conservation partners and stakeholders to celebrate progress and reaffirm a shared commitment to protecting the country's rich natural heritage. The mini-expo, held at Port Moresby Nature Park to c...
The upstream and downstream operators of the Papua LNG Project have been issued amended environmental permits by the Conservation and Environment Protection Authority (CEPA), following more than seven months of consultation between the regulator and project operators. The amended permits were presented on May 29, 2026, following extensive discussions i...
Daikin PNG is proud to have contributed to the successful completion of the Noble Centre at Champion Parade in Downtown Port Moresby, a landmark development that reflects the value of collaboration, innovation and engineering excellence. Working alongside CRCEG and other project partners, Daikin PNG delivered specialized mechanical ventilation and air ...
New Ireland Governor Byron Chan is pursuing international education partnerships aimed at strengthening the province's public sector workforce, a move viewed as central to efforts to improve governance, attract investment and prepare the province for greater autonomy and economic self-reliance. Chan traveled to the Philippines in the second week of Jun...
The Department of Prime Minister and National Executive Council (DPMNEC) has officially launched its Electronic Funds Transfer (EFT) Payment System as part of the government's efforts to modernise public-sector financial management, improve efficiency and strengthen accountability. The announcement was made by Chief Secretary to Government Ivan Pomaleu...
TISA Bank has reinforced its commitment to organisational preparedness through a Disaster Risk Management (DRM) information session conducted in partnership with the National Disaster Centre (NDC) and the International Organization for Migration (IOM). The one-day session brought together representatives from TISA Bank, NDC and IOM to enhance awareness...
France has strengthened its support for Papua New Guinea's green economy with a EUR15 million (approximately K75 million) commitment aimed at expanding green lending for small and medium-sized enterprises (SMEs), renewable energy projects, sustainable agriculture and other environmentally responsible investments. The commitment was formalised on May 27...
Bank of Papua New Guinea (BPNG) Governor Elizabeth Genia called for urgent action to translate green finance policies into investment, warning that climate change is already affecting communities across Papua New Guinea. Speaking at the opening of the 2026 Green Finance Summit in Port Moresby on May 27, Genia said the country must move beyond discussio...
Hiri-Koiari MP Keith Iduhu has called for changes to the governance structure of the PNG LNG project's Kroton Equity Option (KEO), arguing that landowners hosting the project's liquefaction plant have been excluded from decision-making despite their contribution to Papua New Guinea's largest resource development. Speaking in Parliament on 3 June 2026, ...
In Papua New Guinea, one of Port Moresby’s most iconic dining destinations has been given a new lease on life, with Crown Hotel officially relaunching Rapala Restaurant, offering an elevated culinary experience that combines premium international cuisine, stunning harbour views combining local flavours and world-class hospitality. Located within Crown...
Six trainees from Pagini Kainantu Limited and Jerilai Pujari Transport Limited have completed an intensive eight-week industry skills programme in Napa Napa, strengthening workforce readiness among landowner communities linked to Papua New Guinea's resource sector. The trainees were selected from communities associated with major resource developments ...
Papua New Guinea will gain access to approximately $163 million in new financing after the Executive Board of the International Monetary Fund approved reviews of the country's lending arrangements under its ongoing economic reform programme. The IMF said completion of the sixth review of Papua New Guinea's Extended Fund Facility and Extended Credit Fac...
The Autonomous Bougainville Government has introduced legislation aimed at creating a special legal framework for the redevelopment of a previously operating large-scale mine, describing the move as critical to the region's long-term economic future and fiscal self-reliance. The Bougainville Mining (Amendment) Bill 2026 was introduced in Parliament thi...
Papua New Guinea's Department of Information and Communications Technology (DICT) and the International Training Institute (ITI) have signed a five-year memorandum of understanding aimed at strengthening cooperation in artificial intelligence, digital skills development, research and innovation. The agreement, signed in Port Moresby on June 9, seeks to...
Papua New Guinea Prime Minister James Marape has called on cabinet ministers, government departments and agencies, provincial governors and district members of parliament to publicly present detailed reports on achievements, spending and challenges within their respective sectors and jurisdictions over the past seven years. The directive follows Marape...
Papua New Guinea is preparing to enter a new frontier in offshore petroleum exploration, with the country's first ultra-deepwater exploration well scheduled to be drilled within the next two months offshore between Central and Milne Bay provinces. The Mailu-1 exploration well, jointly developed by TotalEnergies EP Kundu Limited and PETRONAS, is regarde...
Papua New Guinea and the European Union have reaffirmed their commitment to expanding trade, investment and sustainable development cooperation, with more than 300 participants from PNG and Europe gathering in Port Moresby for the 5th EU–PNG Business Forum. Held at the Hilton Port Moresby Hotel & Residences on June 2–3 under the theme “The EU Globa...
Papua New Guinea is entering a new era of digital transformation. Across government, business, education and households, technology is becoming increasingly central to economic growth, productivity and connectivity. As one of Papua New Guinea's longest-standing ICT companies, Daltron is proud to play a leading role in supporting this transformation. F...
Ok Tedi Mining Ltd. (OTML) marked World Environment Day 2026 with extensive tree-planting and community sustainability initiatives across its operations, underscoring its commitment to environmental stewardship, climate action and sustainable development. The company planted more than 900 trees representing over 30 native species in Tabubil and Bige as...
Prime Minister James Marape on 4 June led a high-level government delegation to Kikori in Gulf Province to inspect the proposed venue for the Papua LNG Development Forum and consult local leaders ahead of the anticipated gathering next month. Joining Marape on the visit were Gulf Governor Chris Haiveta, Petroleum Minister Jimmy Maladina and Finance Min...
The Papua New Guinea Chamber of Resources and Energy (PNG CORE) has appointed Richard Kassman as its new executive director, bringing more than four decades of leadership experience across the petroleum, energy, insurance, tourism and civil society sectors. Kassman succeeds interim executive director Philip Samar and will lead the chamber's strategic i...
K92 Mining has reported further high-grade drilling results from its Arakompa discovery near the Kainantu Gold Mine in Papua New Guinea, expanding the AR1 high-grade zone and delineating what the company described as a substantial near-surface high-grade bulk tonnage zone ahead of a maiden resource estimate planned for mid-2026. The company announced r...
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