The former Minister for Mining, Hon. Wake Goi MP, recently issued his final announcement, marking the end of his tenure by confirming the processing of outstanding tenement license applications on April 25. A total of 38 license applications were approved, with only three applications rejected. The companies with approved licenses are major industry...

K92 Mining Ltd. (“K92”), the operator of the Kainantu Gold Mine in Eastern Highlands Province, has reported its strongest first quarter (“Q1”) results to date, with 47,817 ounces gold equivalent (“AuEq”) produced in Q1 2025. The result significantly exceeded budget, marking a 74% increase from Q1 2024 and the second highest quarterly production in the Com...

The country’s total mineral export revenue in 2024 was K19 billion said Mineral Resources Managing Director Jerry Garry. It is expected that this year, total export revenue will be K30 billion, subject to gold price, low exchange rates, and attainment of full production in Porgera Mine. Mr Garry made these announcements during a hand-over, take-over...

Mayur Resources Limited is pleased to provide an update on the construction progress at the Central Lime Project (CLP), located in Papua New Guinea. Development activities continue, with significant milestones achieved in wharf construction, site preparation, and early infrastructure works. The Company continues to de-risk the Project through strategic...

Prime Minister Hon.James Marape has announced that a comprehensive review of the Ok Tedi Mine operations will be conducted before June 2025, reaffirming his government’s commitment to ensuring fair and sustainable benefits for the people of Western Province. Speaking at the launch of the Kiunga Airport terminal redevelopment, Prime Minister Marape said...

Papua New Guinea has a New Mining Minister, as Prime Minister James Marape announced on 25 March the appointment of the member for Finchaffen, Hon. Rainbo Paita, to the position. Marape made the announcement before departing for an official visit to New Zealand. He confirmed that Paita would assume responsibility for the Mining Ministry following a ...

Adyton Resources Corporation is pleased to announce that it has now been drilling for over a week on its 100% owned Feni Island Gold-Copper Project in PNG. Two core drilling rigs have been deployed, with plans to operate both rigs continuously on day and night shifts. Adyton contracted Zenex drilling from Lihir to undertake the program, targeting to drill...

Prime Minister Hon. James Marape has reinforced his government’s strong commitment to securing a fair and beneficial agreement for Papua New Guinea in the development of the Wafi-Golpu mine. Addressing Parliament, the Prime Minister provided an update on the status of negotiations, confirming that discussions are in the final stages, with only three key i...

Ok Tedi Mining Limited (OTML) is encouraging its Business Partners, Trust and Royalty associations to invest back into OTML operations for the benefit of the people of Western Province, especially the impacted regions under the Mine Village communities and the Community Mine Continuation Agreement (CMCA) communities. OTML Managing Director and CEO Kedi...

Tolu Minerals Limited is set to resume high-grade gold and silver production at the Tolukuma Gold Mine, located in Goilala District in Central Province, as it commenced final hot commissioning of its newly installed modular gravity recovery plant, with full production and revenue generation expected upon completion. In a statement dated February 27, To...

Tolu Minerals Limited has announced a series of mineral targets at its Tolukuma gold-copper project in Goilala, Central Province of Papua New Guinea, following a detailed Airborne Magneto Telluric (MT) survey covering 714km². The survey identified a pipeline of high-priority exploration targets, including 38 priority mineral zones, with eight showing h...

Papua New Guinea’s mineral exploration and mining sectors are once again on display at the Prospectors & Developers’ Association of Canada (PDAC) 2025 convention, in Toronto Canada, this week (March 2-5). The PDAC is the world’s premier mineral exploration and mining convention, that attracts about 30, 000 attendess from over 130 countries annually...

Papua New Guinea experienced a remarkable year for gold production in 2024, with exports soaring by 14.8% during the first three quarters compared to the same period in 2023. These is according to the latest PNG Westpac Wailis Economic for February 2025 Report. Based on the report, PNG exported 34,200 tonnes of gold, with the export value increasing by...

Papua New Guinea's mining sector is set for significant advancement as Mayur Resources Limited recently secured a substantial capital injection to propel the Central Lime Project (CLP) forward. The latest AU$100 million (PGK 250 million) equity raise by Mayur signals strong investor confidence and underscores the Marape-Rosso Government’s vision for va...

The Minister for Mining Hon. Wake Goi on February 25 officially launched the Mining Bill 2025 for public consultation in Port Moresby at a formal event attended by members of parliament, government officials, industry stakeholders, landowner representatives, and the media. Minister Goi emphasized the bill’s importance, calling it a “historic milestone”...

K92 Mining Inc. has announced the latest results from its ongoing maiden surface diamond drill program at the Arakompa prospect in Papua New Guinea. In a statement, the company said the drilling confirmed two significant high-grade gold veins, AR1 and AR2, along with extensions of a bulk tonnage zone, reinforcing the area’s potential for both undergrou...