The Minister for International Trade and Investment, Hon. Richard Maru, on 3 February paid a courtesy visit to fishing companies in Lae, Morobe Province, to outline the Government’s strategic direction for the fisheries industry of Papua New Guinea (PNG). During the visit, Minister Maru met with management and staff of Frabelle PNG Limited, Majestic Se...

The Autonomous Bougainville Government (ABG) on 4 February presented its 2026 Budget Framework to the national minister for treasury, Ian Ling-Stuckey, in Port Moresby. The budget totals K844.09 million and emphasises fiscal discipline and Bougainville’s readiness for independence. ABG Minister for Treasury and Finance Albert Punghau presented the f...

The Bank of Papua New Guinea (BPNG) has officially launched a new K100 banknote into circulation, honouring the legacy of one of the nation’s most influential leaders, the Late Sir Julius Chan, marking one year since his passing. Speaking at the national launch 27 on January at the Stanley Hotel in Port Moresby, BPNG Governor Elizabeth Genia said the n...

The Port Moresby Chamber of Commerce and Industry (POMCCI) has highlighted the critical role of industry-led reform in strengthening technical and vocational education and training (TVET) outcomes, as businesses across Papua New Guinea continue to grapple with skills shortages and rising workforce costs. POMCCI and its members convened on 28 January fo...

Geopacific Resources Limited has reported a series of high-grade, near-surface gold intercepts from infill drilling at the Wayai Creek deposit, further strengthening confidence in the Mineral Resource at its 1.67-million-ounce Woodlark Gold Project in Papua New Guinea. The latest results, drawn from 24 reverse circulation (RC) drill holes, confirm the ...

Pacific Lime and Cement Limited has reported progress on its December 2025 Quarterly Activities and Cash Flow, confirming that its Central Lime Project (CLP) in Central Province remains on schedule and within budget. The company continues to target first production within its planned 18-month development window, aiming for early 2027. Quarterly Activit...

Great Pacific Gold Corp. has reported further high-grade drilling results from its flagship Wild Dog Project on New Britain Island, East New Britain Province, Papua New Guinea. The company also outlined an extensive district-scale 2026 exploration programme designed to expand and define gold mineralisation across the 15-kilometre Wild Dog Structural Corri...

Prime Minister James Marape has confirmed that Papua New Guinea’s flagship resource projects, Papua LNG and Wafi-Golpu, remain top priorities for international investors following high-level engagements at the World Economic Forum in Davos, Switzerland. Speaking to the media after returning to Port Moresby, Marape said discussions with key project part...

Prime Minister James Marape says Papua New Guinea is preparing to introduce artificial intelligence into government systems as part of a push to improve efficiency, transparency and fairness across public administration. Speaking after returning from the World Economic Forum in Davos, Switzerland, Marape said discussions with global technology firms hi...

Minister for International Trade and Investment Richard Maru says the proposed acquisition of State equity in Ramu Agri Industries (RAI) will be the most significant agriculture deal in Papua New Guinea’s 51-year history. “This is transformational — this investment will go beyond this generation,” Maru said. The minister made the remarks during a di...

The Ministry of International Trade and Investment (MITI) and the Livestock Development Corporation (LDC) have formalised a partnership to accelerate the development of Papua New Guinea’s cattle industry, with a focus on reducing the country’s reliance on imported beef. LDC Managing Director Terry Koim met with Minister for International Trade and Inve...

The President of the Autonomous Bougainville Government (ABG), Ishmael Toroama, has confirmed that the ABG has rejected the proposed partnership between Bougainville Copper Limited (BCL) and CMOC Group Limited in relation to the Panguna project. The decision follows careful consideration and reflects the ABG’s position as the majority shareholder, hold...

New Porgera Limited (NPL) delivered significant economic and community benefits to Papua New Guinea in 2025, while meeting its annual gold production target despite a challenging operating environment. During the year, the Porgera operation made a major fiscal contribution to the national economy. With Barrick Niugini Limited (BNL) — a joint venture be...

The Department of Works and Highways (DWOH) has taken a major step towards modernising Papua New Guinea’s transport infrastructure with the launch of a consultancy to develop the country’s first legal and institutional framework for a railway network. A pre-start meeting for the consultancy contract was held on 5 December, marking the commencement of p...

The establishment of the Gobo Girls School of Excellence in Jimi District, Jiwaka Province, Papua New Guinea, is emerging not only as a landmark education project but also as a catalyst for local business growth, employment creation, and rural economic participation. “From the beginning, the school was designed to benefit the local economy, not just th...

The Mining Lease for St Barbara’s New Simberi Gold Project has been formally extended until 2038, clearing a critical path for the company’s planned sell-down of the asset to China’s Lingbao Gold and Papua New Guinea’s government investment arm, Kumul Minerals. The extension sets the stage for a Final Investment Decision (FID) on the project, expected in ...

Remington Technology has confirmed its Platinum Sponsorship of the 2026 AI Summit, hosted by International Training Institute (ITI), Papua New Guinea’s largest private training institution. The Summit will take place on 6 March 2026 at the Stanley Hotel, Port Moresby, and is expected to attract more than 300 participants from across government, education,...

Papua New Guinea’s newly appointed Minister for the Department of Works and Highways, Peter Tsiamalili Jr, has called for integrity, accountability and uncompromising quality in the delivery of national infrastructure, as he formally assumed office following the passing of former Minister Hon. Solan Mirisim, MP. Minister Tsiamalili was officially welco...

The Government has appointed Johnson Pundari as the new acting chief executive officer of the Konebada Petroleum Park Authority (KPPA), tasking him with reviewing the future use of key State-owned land earmarked for industrial development. The Minister for International Trade and Investment, Richard Maru, who is also the minister responsible for KPPA, ...

The Securities Commission of Papua New Guinea (SCPNG) will embark on major capital market reforms this year in collaboration with the Papua New Guinea National Stock Exchange (PNGX) and other stakeholders. The announcement was made by the Minister for International Trade and Investment, Richard Maru, during the official launch of the Licensing Module o...

K92 Mining Inc. has projected a substantial increase in production and investment at its high‑grade Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea, under its 2026 operational guidance released on 26 January 2026. Building on record performance in 2025 — when the company reported annual production of 174,134 ounces gold equivalent (A...

Since 2016, the National ICT Authority (NICTA) has supported more than 40 women to study Information and Communications Technology (ICT) and Science, Technology, Engineering and Mathematics (STEM)-related courses in-country. The NICTA Girls in ICT Tertiary Scholarship Programme has been a cornerstone of development, contributing to government policies ...

Nambawan Super Limited has supported teachers during the Teaching Service Commission’s Resumption of Duty Programme, joining about 3,000 educators at Lae Secondary School in Morobe province. The event marked Nambawan Super’s first member engagement activity for 2026 and reflected the fund’s commitment to delivering superannuation education and services...

Papua New Guinea has taken a decisive step toward reshaping its land governance framework, placing customary land reform at the centre of the country’s human rights, economic development and sustainability agenda. Chairperson of the Special Parliamentary Committee on Customary Land and Land Reforms, Keith Iduhu, underscored the urgency of protecting cu...