Australian-listed gold producer St Barbara Ltd has become a substantial shareholder in Geopacific Resources Ltd after acquiring a 14.4% strategic interest, strengthening ties between two companies with deep connections to Papua New Guinea’s mining sector. The deal, completed through a transaction with Patronus Resources Ltd, saw St Barbara acquire 458....

The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) has launched a series of engagements aimed at deepening transparency, accountability and good governance in the country’s resource sector, beginning with a subnational roadshow in the Eastern Highlands Province and extending to a partnership with the University of Technology’s Sc...

Great Pacific Gold Corp. has uncovered signs of a large-scale epithermal system and possible porphyry deposit at its Wild Dog project in Papua New Guinea, raising hopes of a significant discovery in one of the world’s most mineral-rich regions. The Canadian miner said a diamond drilling programme is under way at the site on the island of New Britain. E...

Ok Tedi Mining Ltd. (OTML) has officially welcomed 41 new intakes under its flagship Graduate Development Scheme (GDS) program, reinforcing its ongoing commitment to building Papua New Guinea’s future workforce. The 2025 cohort comprises graduates from the Papua New Guinea University of Technology, the University of Papua New Guinea and Divine Word Uni...

Minister for Mining and Member for Finschhafen Rainbo Paita has pledged the National Government’s full commitment to finalising the Community Development Agreement (CDA) for the K92 Mining Project, following his official visit to the company’s operations in Kainantu on 8 August. Joined by Kainantu MP William Hagahuno, Mineral Resources Authority (MRA) ...

Ok Tedi Mining Limited has posted a strong first-half performance for 2025, recording a post-tax profit of US$435 million (PGK1.8 billion), more than double the figure for the same period last year. Managing Director and Chief Executive Officer Kedi Ilimbit attributed the exceptional results to higher commodity prices, increased sales volumes and a US$...

Pacific Lime and Cement (PLC), formerly Mayur Resources Limited, has approved the Final Investment Decision (FID) for its flagship Central Cement and Lime (CCL) Project at Kido Island in Central Province — paving the way for construction to begin on a nation-building venture expected to cut Papua New Guinea’s reliance on imported construction materials. ...

Mining Minister Rainbo Paita has directed the Mineral Resources Authority (MRA) to expedite action on several unresolved matters affecting landowners of the Kainantu gold project, including the release of K80 million (US$21.6 million) in accrued royalties and the approval of a revised development agreement. The directive followed a high-level meeting c...

In a major step toward strengthening Papua New Guinea’s industrial base and economic self-reliance, Prime Minister James Marape has officially launched the $400 million Pacific Lime and Cement Project at Kido Village, describing it as a transformative milestone for the nation’s future. Surrounded by landowners, local leaders and government officials, M...

K92 Mining Ltd., operator of the Kainantu Gold Mine in Eastern Highlands Province, has paid PGK161 million (USD43.5 million) in corporate tax to Papua New Guinea’s Internal Revenue Commission (IRC), reinforcing its commitment to national economic development. The payment, made on 25 July, is the company’s largest single corporate tax contribution this ...

A new global survey of mining executives has delivered a sobering outlook for Oceania, with several Pacific jurisdictions pegged at the lower end of global investment rankings despite their untapped mineral wealth. The Fraser Institute’s 2024 Annual Survey of Mining Companies, which assessed 82 jurisdictions based on geological potential and government...

Prime Minister James Marape has commended Lihir Gold Limited (LGL), a subsidiary of Newmont Corporation, for its substantial corporate tax payment of US$55.8 million (approximately K213 million) to the Internal Revenue Commission (IRC), highlighting its ongoing commitment to contributing meaningfully to the national economy. The payment, made on 30 Jul...

Ok Tedi Mining Limited (Ok Tedi) recently hosted a formal reception to acknowledge and celebrate its 40-year relationship with Japan. The reception was held at the Imperial Hotel, Tokyo, last week to commemorate the long-standing Japan–PNG collaboration. The intimate event was attended by long-term customers, smelter partners and industry players from ...

Prime Minister James Marape has praised New Porgera Ltd. (NPL) for its strong performance in the second quarter of 2025, while calling on the people of Enga Province to end violence, protect public infrastructure and commit to peace and development. Marape noted that NPL had overcome a challenging restart in December 2023 and is now meeting production ...

Kumian, Eastern Highlands — The Conservation and Environment Protection Authority (CEPA) Environment Council conducted an official site visit to the K92 Mining operation on Thursday 17 July 2025. The delegation underwent a site safety induction and received a comprehensive overview of K92’s operations presented by Chief Executive Officer John D. Lewins...

PORT MORESBY – Adyton Resources Corporation has reported “very encouraging” preliminary gold assay results from its ongoing diamond drilling campaign at the Feni Island gold-copper project in Papua New Guinea, with multiple broad intersections of gold mineralisation across the first three drillholes. The standout result came from hole FDD002, which ret...