Papua New Guinea’s government has thrown its weight behind Geopacific Resources Ltd., granting the company more time to develop its flagship Woodlark Gold Project in Milne Bay Province. Mining Minister Rainbo Paita has approved an extension to Condition 7 (ii) of Mining Lease 508, which hosts the project, pushing the deadline to complete construction a...
St Barbara Ltd. is working to steady its footing in Papua New Guinea as the gold miner juggles a long-awaited mining lease renewal and a complex tax reassessment — two issues with big implications for the future of its Simberi operations. The Australian-listed company confirmed that Papua New Guinea’s Mining Minister Rainbo Paita has received formal do...
Frieda River Ltd. (FRL) is celebrating Papua New Guinea’s 50th year of independence, congratulating the people and government on this historic milestone. FRL reaffirmed its commitment to work with communities, stakeholders, and the government to advance the nation-building Sepik Development Project (SDP). The company is awaiting environmental permits ...
Great Pacific Gold Corp. (GPAC) has announced a breakthrough at its Wild Dog Project in Papua New Guinea (PNG), reporting what it describes as one of the country’s best gold exploration results in recent years. The highlight came from hole WDG-08, which intercepted 8.4 metres at 49.9 grams per tonne gold equivalent, including 3.8 metres at an exception...
Ok Tedi Mining Ltd. (Ok Tedi) has reaffirmed its commitment to supporting Papua New Guinea’s future workforce, announcing it will remain the platinum sponsor of the University of Technology (Unitech) Career Fair for the next two years. The announcement was made on 31 August, during the closing dinner of this year’s fair, where Ok Tedi also served as pl...
Great Pacific Gold Corp. has expanded its drilling programme in Papua New Guinea, doubling its efforts at the Wild Dog Project in East New Britain from 2,500 metres to 5,000 metres, and is introducing advanced LiDAR technology to map the remote, jungle-covered terrain. The Phase 1 campaign, which began in May this year, is focused on a 1.5-kilometre st...
For the first time since the Tolukuma Gold Mine was commissioned in 1995, vehicles have successfully reached the remote site by road, marking a breakthrough moment for both the mine’s future and surrounding communities. Tolu Minerals Ltd. announced that its new access road, connecting the mine to Port Moresby, has officially opened to traffic. The deve...
Students attending the Morehead Vocational Centre in the South Fly District of Western Province can now undergo hands-on training with Ok Tedi Mining Ltd. This follows the signing of a memorandum of agreement between Ok Tedi and the Morehead Vocational Centre on 14 August 2025, marking a significant milestone aimed at providing on-the-job training for ...
Australian-listed gold producer St Barbara Ltd has become a substantial shareholder in Geopacific Resources Ltd after acquiring a 14.4% strategic interest, strengthening ties between two companies with deep connections to Papua New Guinea’s mining sector. The deal, completed through a transaction with Patronus Resources Ltd, saw St Barbara acquire 458....
The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) has launched a series of engagements aimed at deepening transparency, accountability and good governance in the country’s resource sector, beginning with a subnational roadshow in the Eastern Highlands Province and extending to a partnership with the University of Technology’s Sc...
Great Pacific Gold Corp. has uncovered signs of a large-scale epithermal system and possible porphyry deposit at its Wild Dog project in Papua New Guinea, raising hopes of a significant discovery in one of the world’s most mineral-rich regions. The Canadian miner said a diamond drilling programme is under way at the site on the island of New Britain. E...
Ok Tedi Mining Ltd. (OTML) has officially welcomed 41 new intakes under its flagship Graduate Development Scheme (GDS) program, reinforcing its ongoing commitment to building Papua New Guinea’s future workforce. The 2025 cohort comprises graduates from the Papua New Guinea University of Technology, the University of Papua New Guinea and Divine Word Uni...
Minister for Mining and Member for Finschhafen Rainbo Paita has pledged the National Government’s full commitment to finalising the Community Development Agreement (CDA) for the K92 Mining Project, following his official visit to the company’s operations in Kainantu on 8 August. Joined by Kainantu MP William Hagahuno, Mineral Resources Authority (MRA) ...
Ok Tedi Mining Limited has posted a strong first-half performance for 2025, recording a post-tax profit of US$435 million (PGK1.8 billion), more than double the figure for the same period last year. Managing Director and Chief Executive Officer Kedi Ilimbit attributed the exceptional results to higher commodity prices, increased sales volumes and a US$...
Pacific Lime and Cement (PLC), formerly Mayur Resources Limited, has approved the Final Investment Decision (FID) for its flagship Central Cement and Lime (CCL) Project at Kido Island in Central Province — paving the way for construction to begin on a nation-building venture expected to cut Papua New Guinea’s reliance on imported construction materials. ...
Mining Minister Rainbo Paita has directed the Mineral Resources Authority (MRA) to expedite action on several unresolved matters affecting landowners of the Kainantu gold project, including the release of K80 million (US$21.6 million) in accrued royalties and the approval of a revised development agreement. The directive followed a high-level meeting c...
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