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...
Great Pacific Gold Corp. has mobilised a second diamond drill rig to its flagship Wild Dog Project in Papua New Guinea, with drilling now under way at the Kasie Ridge epithermal gold-copper target. The Canadian-listed company said the second rig has commenced drilling at Kasie Ridge, marking the first drill programme ever undertaken at the prospect, lo...
Great Pacific Gold Corp. has unveiled a significant high-grade epithermal gold-copper vein discovery at its Wild Dog Project in the East New Britain province of Papua New Guinea (PNG), reinforcing its interpretation of repeated mineralisation along the project’s 15-kilometre structural corridor. The news, announced on 19 February 2026, follows ongoing fie...
Australian gold producer St Barbara Limited has returned to underlying profitability in the first half of FY2026, while expanding mineral resources at its Simberi Operations in Papua New Guinea and advancing a fully funded pathway for the New Simberi Gold Project. For the six months to 31 December 2025, the group reported an underlying net profit after...
South Pacific Metals Corp. has bolstered its 2026 exploration campaign at the Ontenu prospect in Papua New Guinea by contracting a second drill rig, the company announced on 18 February. The additional rig is expected to arrive on site within approximately two weeks and will work alongside the company’s existing drill to step up testing across multiple ta...
K92 Mining Inc. on 18 February announced high-grade results from ongoing underground diamond drilling at its Kora, Kora South, Judd and Judd South deposits, as well as the first results from its Kora Deeps and Judd Deeps targets at the Kainantu gold mine in Papua New Guinea. The company said drilling has expanded a near-mine infrastructure dilatant zon...
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...
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