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...
In a major step toward strengthening Papua New Guinea’s industrial base and economic self-reliance, Prime Minister James Marape has officially launched the $400 million Pacific Lime and Cement Project at Kido Village, describing it as a transformative milestone for the nation’s future. Surrounded by landowners, local leaders and government officials, M...
K92 Mining Ltd., operator of the Kainantu Gold Mine in Eastern Highlands Province, has paid PGK161 million (USD43.5 million) in corporate tax to Papua New Guinea’s Internal Revenue Commission (IRC), reinforcing its commitment to national economic development. The payment, made on 25 July, is the company’s largest single corporate tax contribution this ...
A new global survey of mining executives has delivered a sobering outlook for Oceania, with several Pacific jurisdictions pegged at the lower end of global investment rankings despite their untapped mineral wealth. The Fraser Institute’s 2024 Annual Survey of Mining Companies, which assessed 82 jurisdictions based on geological potential and government...
Prime Minister James Marape has commended Lihir Gold Limited (LGL), a subsidiary of Newmont Corporation, for its substantial corporate tax payment of US$55.8 million (approximately K213 million) to the Internal Revenue Commission (IRC), highlighting its ongoing commitment to contributing meaningfully to the national economy. The payment, made on 30 Jul...
Ok Tedi Mining Limited (Ok Tedi) recently hosted a formal reception to acknowledge and celebrate its 40-year relationship with Japan. The reception was held at the Imperial Hotel, Tokyo, last week to commemorate the long-standing Japan–PNG collaboration. The intimate event was attended by long-term customers, smelter partners and industry players from ...
Prime Minister James Marape has praised New Porgera Ltd. (NPL) for its strong performance in the second quarter of 2025, while calling on the people of Enga Province to end violence, protect public infrastructure and commit to peace and development. Marape noted that NPL had overcome a challenging restart in December 2023 and is now meeting production ...
Kumian, Eastern Highlands — The Conservation and Environment Protection Authority (CEPA) Environment Council conducted an official site visit to the K92 Mining operation on Thursday 17 July 2025. The delegation underwent a site safety induction and received a comprehensive overview of K92’s operations presented by Chief Executive Officer John D. Lewins...
PORT MORESBY – Adyton Resources Corporation has reported “very encouraging” preliminary gold assay results from its ongoing diamond drilling campaign at the Feni Island gold-copper project in Papua New Guinea, with multiple broad intersections of gold mineralisation across the first three drillholes. The standout result came from hole FDD002, which ret...
Port Moresby – Australian gold miner St Barbara is reporting encouraging results from its recent drilling efforts at its Simberi operations in Papua New Guinea, where the company has found more gold mineralization and sulphide-rich rock directly beneath existing open-pit mines. The new discoveries come from a large-scale drilling programme aimed at ext...
The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) Secretariat has commenced its first leg of the Subnational Roadshow and Awareness Program in Goroka, Eastern Highlands Province. This important initiative forms part of PNGEITI’s ongoing commitment to strengthen transparency, accountability, and good governance in Papua New Guine...
PORT MORESBY — Ok Tedi Mining Limited (Ok Tedi) is pleased to announce it has received clearance from Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) for its purchase of the Misima Gold Project from Kingston Resources Limited (Kingston). This approval completes all conditions precedent required to finalise the transaction. On ...
K92 Mining Inc. has announced the retirement of Philip Samar from his role as vice president, government and community affairs. Samar will continue to support the company as a senior advisor in a consulting capacity. Samar joined K92 in January 2019 as vice president, external and corporate affairs, later retitled vice president, government and communi...
Canadian firm K92 Mining Inc. has reported a solid second-quarter performance for 2025, producing 34,816 ounces of gold equivalent (AuEq) and initiating commissioning of its new 1.2 million tonnes-per-annum (Mtpa) Stage 3 Process Plant at the Kainantu Gold Mine in Papua New Guinea. The Q2 output represents a 43% jump compared to the same period in 2024...
This year’s Papua New Guinea Industrial and Mining Resources Exhibition and Conference (PNG Expo) concluded two productive days of industry insights, innovation and networking at The Stanley Hotel & Suites from July 2 to 3. Bringing together expert-led discussions, real-world case studies and opportunities for sector-wide collaboration, the annual ...
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