Nasfund, MiBank and New Britain Palm Oil Ltd. have begun rolling out a joint initiative to expand superannuation coverage and promote long-term savings among oil palm growers and smallholder farmers in Papua New Guinea. The initiative follows a July memorandum of understanding between Nasfund and NBPOL to onboard existing oil palm growers and new small...

The Papua New Guinea Tourism Promotion Authority (PNGTPA) has taken another important step towards strengthening marine tourism in Papua New Guinea through a new partnership that will bring a ferry back into service in Port Moresby Harbour. The partnership was formally signed on 6 August 2026, bringing together PNGTPA, Happy Soles Limited and Marine Co...

Reeves Envico and CE Group have commenced work on the 22-kilometre transmission line that will connect renewable energy from Tina River with the homes, businesses and essential services of Honiara. Against the rolling hills and demanding terrain of Guadalcanal, work is beginning on a connection that will carry more than electricity. The new transmis...

K92 Mining Inc has reported a 116% increase in quarterly net income to US$84.6 million, as its Kainantu operations in Papua New Guinea delivered record ore processing and mine development during the second quarter. The Vancouver-based miner reported revenue of US$205.2 million for the three months ended June 30, up 113% from the same period in 2025. Ne...

The Autonomous Bougainville Government (ABG) and Lloyds Metals and Energy Limited (LMEL) have opened an apparel training centre in Arawa, creating a new pathway for skills development and economic opportunities for women and girls across Bougainville. ABG President Ishmael Toroama and LMEL managing director Balasubramanian Prabhakaran officially opened...

For ten years, Project Yumi has been making a difference in communities across Papua New Guinea, building partnerships, strengthening local capacity and delivering practical initiatives that continue to create lasting impact. What began as a grassroots effort has grown into an Australian-registered charity working alongside communities in 20 of Papua N...

The Autonomous Bougainville Government has removed 30 Chinese nationals from a suspected illegal mining site in Kopani following a joint enforcement operation involving police, immigration and mining authorities. The operation was conducted at about 4 a.m. Sunday by officers from the Bougainville Police Service in Arawa and Buka, together with official...

With urban migration putting increased pressure on housing in centres such as Port Moresby, Lae, Mt Hagen and Kokopo, Nasfund has reintroduced its virtual member education sessions this August. The move underscores the Fund’s commitment to digital innovation while responding proactively to members’ concerns. Running throughout the month, the free on...

Gold sponsor highlights on-premises AI, resilient power and emerging technologies as Papua New Guinea advances its digital economy THEODIST Limited has reinforced its growing role in Papua New Guinea’s information and communications technology sector after showcasing enterprise ICT, artificial intelligence, mobility, digital media and power continuity ...

Great Pacific Gold Corp. has begun diamond drilling at the Magiabe Vein target within its flagship Wild Dog Project in East New Britain Province, Papua New Guinea, after completing its maiden drilling campaign at the Kasie Ridge prospect. The company said one of its two diamond drill rigs had been relocated to Magiabe, the fourth exploration target to ...

Autonomous Bougainville Government President and Mining & Petroleum Minister Ishmael Toroama has issued the LSML-01 Preparatory Works and Feasibility Commencement Certificate to Bougainville Minerals Ltd, allowing initial technical and feasibility activities to begin for the proposed redevelopment of the Panguna mine. The certificate, presented to ...

Air Niugini will resume direct flights between Port Moresby and Auckland from 17 November, restoring the only non-stop air service between Papua New Guinea and New Zealand for the first time in more than 26 years. The national carrier will operate three return services a week, reducing travel times by removing the need for passengers and freight to tra...

Ok Tedi Mining Ltd. (OTML) says it continues to operate safely and maintain production despite dry weather conditions affecting parts of Papua New Guinea and disrupting transport along the Fly River. The company said it is closely monitoring the impact of the dry conditions, which have lowered river levels and limited normal freight movements on sectio...

The Joint Supervisory Body (JSB) has endorsed the transfer of key revenue-raising powers from the Papua New Guinea National Government to the Autonomous Bougainville Government (ABG), with revenues generated from fisheries, mining, forestry, land and other relevant taxes to be handed over by 31 December 2026. The resolution was adopted during the JSB m...

Securing a comfortable retirement should be achievable for every hardworking Papua New Guinean. Whether employed in the public or private sector, working for a small business, self-employed or earning an income in the informal economy, everyone should have access to superannuation. Speaking on behalf of Nasfund CEO Rajeev Sharma at the recent Papua New...

The Mineral Resources Development Company (MRDC) will resume the second Tuguba Regional Director Election after long-running leadership disputes among the remaining Tuguba clans were resolved through a court-supervised mediation process. MRDC said the resolution of disputes involving the Jugu, Tabu and Ware 2 clans marked the completion of its programm...

Nasfund Chief Financial Officer Debbie Oli has underscored the importance of financial literacy for women leaders, encouraging participants in the PNG Business Coalition for Women's (BCFW) Senior Executive Women's Programme (SEWP) Cohort 23 to build confidence in understanding and interpreting financial statements. Speaking during the programme last we...

The National Institute of Standards and Industrial Technology (NISIT) has recognised Prima Smallgoods Limited and Food Pro for their commitment to food safety after both companies successfully achieved Hazard Analysis and Critical Control Point (HACCP) certification. Prima Smallgoods received HACCP re-certification, while Food Pro was awarded HACCP cer...

Goodman Fielder International (PNG) Limited has received Hazard Analysis and Critical Control Points (HACCP) certification for its Port Moresby bakery and flour mill operations. The certificates were presented by the National Institute of Standards and Industrial Technology (NISIT) on Tuesday, 30 June 2026, in recognition of the company's commitment to...

The National Institute of Standards and Industrial Technology (NISIT), through its accreditation arm, the Papua New Guinea Laboratory Accreditation Scheme (PNGLAS), has presented Simberi Gold Company Limited with an ISO/IEC 17025:2017 certificate of accreditation for the Simberi Gold Mine Process Laboratory, recognising the company's commitment to technic...

Sheraton Hotels & Resorts, part of Marriott Bonvoy’s portfolio of over 30 hotel brands, announced its debut in Papua New Guinea with the opening of Sheraton Port Moresby Stanley Hotel & Suites – a 394-key hotel located in Port Moresby’s central business and government district, five minutes from Jacksons International Airport and connected to the ...

The New Ireland Provincial Government has committed K1 million to a new partnership with the Fresh Produce Development Authority (FPDA), aiming to transform agriculture into a stronger economic driver while improving food security and increasing household incomes across the province. The investment is part of a three-year Memorandum of Understanding (M...

South Pacific Metals Corp. has begun the first phase of field exploration at its Kili Teke Copper-Gold Project in Hela Province, targeting mineralisation beyond the project's existing 4.2-million-ounce gold-equivalent inferred resource as it advances toward its maiden drilling campaign later this year. The Vancouver-based explorer said more than 95% of...

Simberi Gold Company Ltd.'s Process Laboratory has achieved ISO/IEC 17025 accreditation, an internationally recognised standard for testing and calibration laboratories, strengthening confidence in the reliability of its gold assay results and production reporting. The accreditation was granted on 6 July 2026 following a 15-month assessment process tha...