Misima Minerals Limited (MML) has signed a Memorandum of Agreement (MoA) with the Milne Bay Provincial Government, paving the way for the company to operate the Misima Aerodrome as part of broader efforts to improve connectivity and support the redevelopment of the Misima Gold Project. The agreement was signed in Alotau on June 19, 2026. Under the MoA,...
Papua New Guinea has reaffirmed its commitment to attracting responsible long-term investment in the mining sector, unveiling a package of regulatory, legislative and digital reforms aimed at strengthening investor confidence while ensuring resource development delivers lasting benefits to communities. Speaking at PNG CORE Resources Week 2026 at APEC H...
Ok Tedi Mining Limited (Ok Tedi) recently hosted senior government officials, political leaders, and landowner representatives from Morobe and Madang provinces on a fact-finding visit to Tabubil to learn how future resource projects can deliver greater benefits to landowners and local communities. The week-long visit provided delegates with a rare oppo...
Prime Minister James Marape says Papua New Guinea is entering a new phase of resource development, with the government seeking higher national returns from major mining and petroleum projects while maintaining the country's appeal to international investors. Speaking at the opening of PNG Resources Week 2026 in Port Moresby, Marape said the government'...
Papua New Guinea's financial sector must urgently bring an estimated K15 billion circulating outside the country's formal banking system into the economy if the nation is to fully capitalise on its growing resources and energy industry, TISA Group Chief Executive Officer Michael O. Koisen said. Speaking during Day Three, Session 11A: Finance in Resourc...
Strengthening transparency, governance, accountability and compliance across Papua New Guinea's extractive sector is critical to attracting investment, ensuring resource-owning communities receive a fair share of development benefits and supporting sustainable economic growth. The issues were highlighted during Session 10A – Governance & Economic S...
K92 Mining produced 46,093 ounces of gold equivalent during the second quarter of 2026 as its Kainantu Gold Mine in Papua New Guinea continued to ramp up production following the commissioning of its Stage 3 expansion. The Vancouver-based miner said quarterly output comprised 42,931 ounces of gold, 1.78 million pounds of copper and 50,109 ounces of sil...
South Pacific Metals Corp. has reported high-grade gold-copper drill results from its 100 percent-owned Ontenu Project in Papua New Guinea, strengthening the company's view that the prospect hosts an extensive epithermal gold-copper system similar to the nearby Kainantu mine. The latest results from drill hole ONED26-009 intersected three mineralised z...
Adyton Resources Corp. has received an environmental permit for its Wapolu Gold Project in Milne Bay Province, clearing a major regulatory hurdle as the company works towards restarting mining operations later this year. The Papua New Guinea Conservation and Environment Protection Authority (CEPA) granted Environment Permit EP-L2(1080), confirming that...
Tolu Minerals Ltd expects to release a major update to the Mineral Resource Estimate for its Tolukuma Gold Mine in late August as it advances what the company describes as the most intensive drilling programme in the project's history. The company said a substantial batch of new drilling assay results is expected in early August, with the findings to b...
Ok Tedi Mining Limited (Ok Tedi) has reached a major milestone in its Growth 2050 Strategy with the submission of the Environmental and Social Impact Assessment (ESIA) report for the proposed Tailings Storage Facility (TSF) at Ok Birim to the Papua New Guinea government — a transformational project designed to significantly reduce downstream impacts assoc...
The Autonomous Bougainville Government has welcomed Lloyds Metals and Energy Ltd's commitment to meeting its tax obligations while urging the company to update its taxpayer registration to ensure revenue generated from its Bougainville operations is correctly attributed to the autonomous region. The issue was discussed during a stakeholder meeting in A...
South Pacific Metals has begun a new exploration campaign at its wholly owned Kili Teke copper-gold project in Papua New Guinea's Hela Province after securing support from landowners and provincial and local government authorities. The company said the programme follows community awareness meetings held in April and May and marks its return to Explorat...
Solomon Islands and Papua New Guinea have agreed to strengthen cooperation on mining sector governance, with officials from Papua New Guinea expected to visit Solomon Islands as the two countries pursue reforms aimed at maximising the benefits of their mineral resources. The agreement followed a roundtable in Port Moresby between Solomon Islands Prime ...
Ok Tedi Mining Limited (Ok Tedi) and its wholly owned subsidiary, Misima Minerals Limited (MML), have completed the second round of community engagement meetings for the proposed Misima Gold Project. The meetings form part of Ok Tedi’s commitment to keeping landowners, the district government and other stakeholders on the island informed about the proj...
Ok Tedi Mining Limited (OTML) says its mining operations in Western Province continue to run normally despite ongoing dry weather conditions and low water levels along the Fly River. The company said there has been no disruption to production activities and that operations remain stable as it monitors the impact of reduced river levels on logistics and...
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