The Autonomous Bougainville Government (ABG) has clarified its position on Bougainville Copper Limited (BCL) and the redevelopment of the Panguna mine, following questions over recent partnering arrangements. The ABG confirmed that Bougainville now holds a 72.9 per cent shareholding in BCL, split evenly between the ABG and Bougainville Minerals Limite...
Weir, a global leader in mining technology, has successfully installed China’s largest mill circuit slurry pump. The order includes six WARMAN® MCR® 650 pumps and two WARMAN® MCR® 750 pumps. The site, located in the Tibet Autonomous Region (TAR), sits 5,300 metres above sea level. The thin air and freezing temperatures create a complex operating enviro...
Pacific Lime and Cement Limited has entered into a long-term quicklime offtake agreement with Newmont Corporation, the world’s leading gold producer, to supply its Papua New Guinea operations from PLC’s Central Lime Project in Central Province. Under the agreement, Newmont becomes a cornerstone customer, with contracted volumes representing around one-...
Ok Tedi Mining Limited (Ok Tedi) has recently signed an extended Memorandum of Understanding (MoU) with the Royal Papua New Guinea Constabulary to continue the engagement of the Special Services Division (Mobile Squads) at its operations in Tabubil. This agreement reinforces Ok Tedi’s commitment to maintaining a safe and secure operating environment wh...
Tolu Minerals Ltd. says it has made steady operational and infrastructure progress at its Tolukuma Gold Mine in Papua New Guinea, outlining a pathway toward a major underground expansion and a production ramp-up beginning in 2027. In its quarterly report for the period ending 31 December 2025, the ASX-listed company said it is advancing a “mine-definin...
Prime Minister James Marape has directed the Treasury Department and the Internal Revenue Commission (IRC) to conduct a comprehensive review of all mining agreements in Papua New Guinea, following record global increases in gold, silver and copper prices. Marape said the surge in commodity prices presents an opportunity for the nation to secure fair an...
Geopacific Resources Limited has reported a series of high-grade, near-surface gold intercepts from infill drilling at the Wayai Creek deposit, further strengthening confidence in the Mineral Resource at its 1.67-million-ounce Woodlark Gold Project in Papua New Guinea. The latest results, drawn from 24 reverse circulation (RC) drill holes, confirm the ...
Pacific Lime and Cement Limited has reported progress on its December 2025 Quarterly Activities and Cash Flow, confirming that its Central Lime Project (CLP) in Central Province remains on schedule and within budget. The company continues to target first production within its planned 18-month development window, aiming for early 2027. Quarterly Activit...
Great Pacific Gold Corp. has reported further high-grade drilling results from its flagship Wild Dog Project on New Britain Island, East New Britain Province, Papua New Guinea. The company also outlined an extensive district-scale 2026 exploration programme designed to expand and define gold mineralisation across the 15-kilometre Wild Dog Structural Corri...
The President of the Autonomous Bougainville Government (ABG), Ishmael Toroama, has confirmed that the ABG has rejected the proposed partnership between Bougainville Copper Limited (BCL) and CMOC Group Limited in relation to the Panguna project. The decision follows careful consideration and reflects the ABG’s position as the majority shareholder, hold...
New Porgera Limited (NPL) delivered significant economic and community benefits to Papua New Guinea in 2025, while meeting its annual gold production target despite a challenging operating environment. During the year, the Porgera operation made a major fiscal contribution to the national economy. With Barrick Niugini Limited (BNL) — a joint venture be...
The Mining Lease for St Barbara’s New Simberi Gold Project has been formally extended until 2038, clearing a critical path for the company’s planned sell-down of the asset to China’s Lingbao Gold and Papua New Guinea’s government investment arm, Kumul Minerals. The extension sets the stage for a Final Investment Decision (FID) on the project, expected in ...
K92 Mining Inc. has projected a substantial increase in production and investment at its high‑grade Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea, under its 2026 operational guidance released on 26 January 2026. Building on record performance in 2025 — when the company reported annual production of 174,134 ounces gold equivalent (A...
Geopacific Resources Ltd. has appointed Argonaut Corporate Finance and Taylor Collison as joint financial advisers to lead project finance and strategic equity processes for its wholly owned Woodlark Gold Project in Papua New Guinea, the company said. The appointment marks the start of a formal funding process to support development of the 1.67-million...
Pacific Lime and Cement Limited has appointed Kevin Savory as chief executive officer for its cement business, effective Jan. 12, the company announced 19 January. Savory will work alongside John McBride, CEO for lime, with support from the company’s Lime and Cement Advisory Board. Savory brings more than 30 years of senior leadership experience acr...
Ok Tedi Mining Limited (Ok Tedi) has reported a strong, safe, and reliable performance in 2025, underlining the company’s disciplined operational execution and its role as Papua New Guinea’s 100% nationally owned mining company. The company exceeded production targets last year, achieving: 106,018 tonnes of copper 298,350 ounces of gold 1,008...
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