Great Pacific Gold Corp. has completed an upsized public offering raising approximately $20.02m, with proceeds earmarked to accelerate its gold-copper exploration portfolio in Papua New Guinea. The Vancouver-based company said it issued 42.6 million units priced at $0.47 each, generating gross proceeds of $20,022,000.  Each unit comprises one common sh...

Thirty executives of the Ladolam Pit Association (LPA) linked to the Lihir Mining Project have completed a series of capacity-building courses aimed at strengthening governance, leadership and financial management among resource owners. The participants received certificates of attainment on March 26 following a 10-day programme conducted from March 16...

Three of the four parties to the Ok Tedi Mining Project Community Development Agreement (CDA) have signed the final agreement, marking a milestone after five years of negotiations, while the Fly River Provincial Government withheld its signature pending further discussions. The signing ceremony, held at the Stanley Hotel in Port Moresby and attended by...

PNG CORE has commended the Papua New Guinea Extractive Industries Transparency Initiative (PNG EITI) on the official launch of its FY2024 Annual Report, marking an important milestone as Papua New Guinea prepares for its upcoming EITI Validation, scheduled to commence in April 2026. The report was launched during the Multi-Stakeholder Group (MSG) first...

Autonomous Bougainville Government President Ishmael Toroama has proposed the creation of a mining reserve in the Eivo–Torau–Torokina region, aiming to control licence activity and prioritise development of the Panguna project. The proposal, issued through the Bougainville Mining Advisory Council, covers about 465 square kilometres and is intended to g...

Great Pacific Gold Corp. reported new drilling results from the Kavasuki target at its Wild Dog project in Papua New Guinea, including an intercept of 38.4 metres at 2.23 grams per tonne gold equivalent. The results, from drill hole KVH-03 at the Sinivit–Kavasuki trend within the Wild Dog Project, include higher-grade zones of 2.23 metres at 10.31 g/t ...

Great Pacific Gold Corp. said it plans to raise up to $15.04m through a public offering to support its gold-copper exploration projects in Papua New Guinea and for general corporate purposes. The Vancouver-based company has entered into an agreement with Haywood Securities Inc., acting on behalf of a syndicate of agents, to offer up to 32 million units...

ABG President and Minister for Mining Ishmael Toroama provided an update to Parliament on the progress of the Panguna Project, outlining key developments in governance, stakeholder engagement and legislative reforms. “The Panguna Project remains a priority for Bougainville’s economic independence and continues to be progressed in a careful, lawful and ...

ABG President and Minister for Mining Ishmael Toroama outlined key legislative reforms to strengthen governance of the mining sector during his address to Parliament. The reforms form part of the ABG’s broader efforts to ensure that resource development in Bougainville is undertaken in a safe, responsible and internationally compliant manner, while sup...

Papua New Guinea has signed a Project Development Agreement (PDA) with Mayur Resources for the Central Lime and Cement Project in Central Province, a move the government says will reduce reliance on imported cement and expand the country’s manufacturing base. Minister for International Trade and Investment Richard Maru said the agreement, signed at Gov...

K92 Mining Inc., operator of the Kainantu Gold Mine in Papua New Guinea’s Eastern Highlands Province, reported record production and financial results for 2025, driven by strong fourth-quarter performance and the commissioning of its Stage 3 expansion plant. In a statement released on March 2, the company said it produced 47,178 gold equivalent ounces ...

Papua New Guinea showcased investment opportunities across its mining sector at the Prospectors & Developers Association of Canada (PDAC) Convention held from March 1 to 4 in Toronto, drawing strong interest from global investors while signalling support for reforms to modernise the country’s mining framework. The PNG CORE Investor Briefing, a side...

Ok Tedi Mining Limited (Ok Tedi) has reaffirmed its commitment to workplace safety as it observes National Mine Safety Week from March 1 to 7, emphasizing the importance of strong safety systems and a culture that prioritizes the protection of workers. Under the theme “Building and Sustaining an Effective Safety System and Culture,” the company is enco...

Ok Tedi Mining Limited (Ok Tedi) has reinforced its long-standing partnership with the University of Papua New Guinea by donating three geological specimen boards to the Earth Sciences Division of the School of Natural and Physical Sciences. The boards, containing representative rock and mineralised samples from the Ok Tedi porphyry system and surround...

On the sidelines of the 2026 Prospectors & Developers Association of Canada (PDAC) Investment Convention in Toronto, Canada, Papua New Guinea’s Minister for Mining Solen Loifa, MP, announced a sweeping suite of regulatory and institutional reforms designed to transform PNG into the Asia-Pacific region’s most conducive destination for mining investment...

Misima Minerals Limited, a subsidiary of Ok Tedi Mining Limited, has taken a major step forward in the redevelopment of the Misima Project with the successful arrival of a vessel carrying the first machinery and equipment to commence work on Misima Island on 23 February 2026. The arrival of the initial mobile equipment fleet — comprising earth-moving m...