St Barbara Limited (ASX: SBM) has announced the results of its Simberi Process Plant Layout and Design AACE Class 4 Study (“Plant Study”), which confirms the strong economic potential of its Simberi Expansion Project in Papua New Guinea. The update given on 30 April this year, after the plant study, also includes revised Mineral Resource and Ore Reserv...
The Mineral Resources Development Company (MRDC) is committed to making more investments in Western Province. MRDC managing director and chief executive officer Mr Augustine Mano said investments will be made in sectors that can give a better return. He made the commitment while speaking during the opening of the second CMCA review working committee...
Thirty-five professionals from various testing laboratories across Papua New Guinea have been awarded certificates after successfully completing a fourday training on the International Standard ISO/IEC 17025:2017 – general requirements for the competence of testing and calibration of laboratories. The training was conducted at the Crown Hotel in Port M...
With only three months to go, the Australian and PNG resources industries are gearing up for PNG Industrial and Mining Resources Exhibition and Conference’s long-awaited return. Over two full days, the Stanley Hotel in Port Moresby will be transformed into a hub of networking, thought leadership and professional development. Alongside the crowded ex...
A total of 48 Community Mine Continuation Agreement (CMCA) leaders representing the eight CMCA Regions and the six (6) Mine Area Villages (MAV) of Ok Tedi Mining Limited (OTML) converged in Port Moresby for the CMCA Extension Review Working Group Meeting 2 (WGM2). Five delegates from each CMCA Region—comprising regional representatives, women president...
After 50 years of being rent collectors of our fisheries resources, Papua New Guinea (PNG) will finally have its own cannery which will be constructed starting this year, says the Minister for International Trade and Investment, Hon. Richard Maru. “This new cannery will be developed under a new joint venture (JV) company which will be 50% owned by the ...
South Pacific Metals Corp. is pleased to announce new exploration work programs are underway at the Anga Project, following surface geochemistry targeting results confirming the Irinke Prospect’s priority nature and identifying several new gold prospects extensional to Irinke. Surface sampling will assist with prioritized drill targeting. Cathy Fitzger...
Adyton Resources Corporation is pleased to provide an update on its ongoing drilling activities at its 100% owned Feni Island project. HIGHLIGHTS The first batch of Feni drill samples have been prepared for dispatch to Intertek laboratory. The first barge resupply of fuel and other items at Feni demonstrated the ease of access for resupply by l...
On April 23, 2025, The Centre for Excellence in Financial Inclusion (CEFI) and the Papua New Guinea University of Technology (Unitech) formally signed a Memorandum of Understanding (MoU) to establish a Fintech Incubation Centre at Unitech’s campus in Lae. The new Fintech hub will play an important role in supporting the development and growth of financ...
Prime Minister Hon. James Marape has directed the immediate finalisation of the Community Development Agreement (CDA) for the Porgera Mine, calling on all stakeholders to conclude the process without delay so that long- overdue benefits can begin flowing to landowners and the nation. The CDA forms the final component of the Porgera Project Commencement...
Prime Minister Hon. James Marape has extended his warm congratulations to the people of West New Britain Province on the official groundbreaking of the K51.7 million Hoskins Airport upgrade project under the Civil Aviation Development Investment Project Phase II (CADIP II). The project — valued at K51,703,909.95 — includes asphalt surfacing, terminal b...
Ok Tedi Mining Limited (OTML) is pleased to announce its exceptional performance results for Q1 CY2025, showcasing yet another successful quarter of disciplined operational and financial excellence. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and the people of Western Pro...
Islands Petroleum Charity Colour Run 2025 – We Are One Mark your calendars and join us in spreading colour, unity, and hope across Papua New Guinea! 📅 Event Dates & Locations • 29 June – Takubar Sports Ground, Kokopo @ 7AM • 13 July – Sir Ignatius Kilage Stadium, Lae @ 6AM • 27 July – Sir Hubert Murray Stadium, Port Moresby @ 6AM Thi...
The PNG Customs Service and EastWest Transport (EWT) have signed a Memorandum of Intent (MOI) for the trial implementation of the Trusted Trader Program (TTP) marking a significant step towards securing, streamlining and facilitating legitimate trade in PNG. The MOI was signed at the PNG Customs Headquarters at Waigani last week by Customs Chief Commis...
Steamships and Tininga Ltd have broke ground on joint venture project, Dobel Central, a mixed-use mega mall which will change the economic landscape of Mt Hagen and Western Highlands. The new, state-of the-art 10,000m2 development will play a critical role in driving progress across agriculture, MSMEs, tourism, and other key sectors in the Highlands regio...
Three legends in Papua New Guinea’s tourism industry were honoured with Lifetime Achievement Awards during the 2025 National Tourism Conference & Expo (NTC) Gala Dinner on April 10 at the Hilton Hotel in Port Moresby. The recipients included Bob Bates, Proprietor of Trans Niugini Tours; the late Sir Peter Barter, represented by his son Andrew Barte...
In a region where digital transformation is both a challenge and an opportunity, global payments leader Visa is actively working to bridge the financial gap through inclusive innovation. In the recent Innovation PNG Conference 2025 in Port Moresby, Visa Country Manager for New Zealand and the Pacific Islands Anthony Watson revealed an ambitious 2030 vi...
The Bank of Papua New Guinea (BPNG) has announced its new executive structure as part of its commitment to becoming a modern, digital, and trusted central bank under its recently developed “Vision 2050” strategy. The announcement follows a detailed and extensive strategy development process over the past two years. Since its establishment in 1973, the ...
The Department of Works and Highways has gone ahead to execute the Connect Papua New Guinea Project, reaffirming the Marape-Rosso government’s commitment to connect the country by main highways and to bring services and opportunities to the rural populace. Prime Minister Hon. James Marape emphasized that the new roads will serve as crucial links to mar...
Papua New Guinea and the Pacific Island countries and territories are on the frontline of climate and biodiversity loss impacts. “Your voices are decisive to push for higher climate ambition, adaptation solutions and also financial promises,” said Virginie Bleitrach, AFD’s Regional Director Pacific Ocean, during the inaugural Green Finance Summit 2025 ...
The former Minister for Mining, Hon. Wake Goi MP, recently issued his final announcement, marking the end of his tenure by confirming the processing of outstanding tenement license applications on April 25. A total of 38 license applications were approved, with only three applications rejected. The companies with approved licenses are major industry...
Prime Minister Hon. James Marape has warned that Papua New Guinea will not be immune from the ripple effects of global economic shocks stemming from recent United States tariff hikes, and has urged the country to remain vigilant as his government monitors and manages the situation. Prime Minister Marape said today the sweeping tariff increases imposed ...
The Board of Ok Tedi Mining Limited has endorsed the appointment of Mark Stone as the Board Chairman, effective immediately. Kumul Minerals Holdings Limited (KMHL) Board Chairman and OTML Board Director, Dr. Ila Temu, made the announcement. Dr. Temu said Mark J. Stone has over 30 years of experience working in the international mining industry. Whil...
Swire Shipping, a leading shipping company in the Asia-Pacific, today announced that three of its vessels serving the South Pacific have made the switch to B24 and B30 2 nd generation biofuel blends. The voluntary move supports Swire Shipping’s long-term sustainability ambitions and will provide more options to customers looking to reduce their emissions....
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