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...
PNG Air wishes to advise the public and all valued customers that we are currently undertaking a comprehensive risk assessment in Wewak following recent developments affecting operations in the area. The safety and wellbeing of our passengers, crew and ground personnel remain our highest priority. As part of our standard operational procedures, PNG Air...
Papua New Guinea’s digital transformation and artificial intelligence (AI) agenda took centre stage as the government marked Safer Internet Day 2026 in February, with Acting Information and Communications Technology Minister Peter L. Tsiamalili Jr. reaffirming ICT and AI as critical drivers of economic growth and public sector reform. In a press statem...
Central Province has unveiled a K345 million (approximately US$93.2 million) 2026 budget aimed at accelerating rural economic growth, strengthening governance and improving financial independence, with significant allocations for security, infrastructure, skills development and local enterprise. The budget was formally presented to Treasurer Ian Ling-S...
A K120 million (approximately US$32.4 million) redevelopment of the National Fisheries College’s waterfront training facilities has entered the implementation phase, marking a major investment in Papua New Guinea’s fisheries value chain and long-term revenue diversification strategy. The National Fisheries Authority confirmed that the shorebase trainin...
Digitec PNG Financial Services Limited, trading as V-MONI; Omega Paymybills PNG Limited; and Lower OK Tedi Micro Bank Limited have officially received licence certificates from the Bank of Papua New Guinea (BPNG) on 27 February at Robert Haus in Port Moresby. Speaking at the licence presentation ceremony, BPNG Governor Elizabeth Genia described the dev...
PNG Air advises the general public that all flights to and from Wewak have been cancelled until further notice following a serious break and enter incident at Boram Airport, Wewak. The incident resulted in significant damage to terminal facilities, including the destruction of critical infrastructure and the loss of valuable computer equipment and esse...
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...
The Asian Development Bank (ADB) has approved a $60.9 million loan to improve water supply and sanitation in urban communities in Port Moresby and Vanimo, Papua New Guinea (PNG). ADB’s financing includes a $30 million regular ordinary capital resources loan and a $30.9 million concessional ordinary capital resources loan. The Government of PNG will pro...
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...
The Chief Executive Officer of the National Superannuation Fund (Nasfund), Rajeev Sharma, on 20 February announced the appointment of Christopher Elphick as Chairman of the Nasfund Board of Directors, effective January 2026. Sharma said, “On behalf of the Fund, I am pleased to announce the appointment of Christopher Elphick as Chairman of the Board. Ch...
Pacific Towing (PacTow), a leading provider of marine services in the Pacific region, has significantly enhanced its towage capability in the Solomon Islands with the return of Tug Kavachi following a major dry-docking and refurbishment program in Singapore valued at SBD 8 million. Tug Kavachi, a Solomon Islands-flagged vessel managed and operated by a...
A 100-kilowatt solar mini-grid has been commissioned at Kanabea Rural Health Centre in Gulf Province, delivering round-the-clock electricity to one of the country’s most isolated communities after a logistics operation that required 31 helicopter lifts and nearly 22 tonnes of equipment. Operational since September 2025, the system powers the rural heal...
OFC Tech Solutions welcomes Colin Edgar, a representative of its global partner Enghouse Interactive, for a strategic partner visit aimed at strengthening enterprise communication and customer experience solutions across Papua New Guinea. The visit reinforces the growing collaboration between Enghouse Interactive and OFC Tech Solutions, focused on deli...
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 Papua New Guinea Chamber of Resources & Energy (PNG CORE) has welcomed the inaugural meeting of the National Petroleum Authority (NPA) board, held in Port Moresby, describing it as an important step toward strengthening governance in the country’s petroleum sector. PNG CORE interim executive director Philip Samar commended the new leadership te...
Nambawan Super Limited (NSL) has received a K50 million payment from the State toward outstanding rental arrears for several properties occupied by government agencies, marking what the fund described as a critical step in resolving a two-year debt. In a statement, NSL said the payment followed constructive discussions with the Government through the D...
National Capital District Governor Powes Parkop has urged the government to treat Papua New Guinea’s recent placement on the Financial Action Task Force (FATF) grey list as a catalyst for economic reform, calling for stronger import substitution policies and reduced reliance on unprocessed mineral exports. PNG was placed on the FATF list of Jurisdictio...
Papua New Guinea has been placed on the Financial Action Task Force’s list of Jurisdictions Under Increased Monitoring, commonly known as the “grey list”, following the FATF plenary in Mexico City on 13 February. The designation subjects PNG to enhanced monitoring by the global financial crime watchdog over weaknesses in its anti-money laundering, coun...
The Minister for Works and Highways, Peter Tsiamalili Jr, has called for stronger accountability, tighter financial management and engineering excellence as the Department of Works and Highways convened its 2025 final quarter budget review in Lae. The three-day review, held at the Lae International Hotel in Morobe Province on Tuesday, Feb. 17, aims to ...
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