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 ...

 The Autonomous Bougainville Government (ABG) has clarified its position on Bougainville Copper Limited (BCL) and the redevelopment of the Panguna mine, following questions over recent partnering arrangements. The ABG confirmed that Bougainville now holds a 72.9 per cent shareholding in BCL, split evenly between the ABG and Bougainville Minerals Limite...

The Mineral Resources Development Company (MRDC) participated in the Ministry of International Trade and Investment Stakeholders High-Level Planning Workshop in Lae, Morobe Province on 16 February 2026. Deputy CEO and Chief Investment Officer John Tuaim presented MRDC’s vision to transform the East New Britain township of Kokopo into the regional touri...

Steamships is pleased to announce the appointment of Damian Cooper as Head of Division for Steamships Hospitality. Managing Director Chris Daniells said: “Damian joins us at an exciting time as we continue to strengthen and grow our hospitality portfolio. Damian’s deep operational expertise, development background and strategic vision will play a criti...

Westpac PNG is proud to officially announce the 2026 launch of the country’s most prestigious recognition programme, the Westpac Outstanding Women (WOW) Awards. Established in 2002 to honour exceptional women making significant contributions across business, government, community, education and social development, the Westpac Outstanding Women Awards r...

 Kumul Petroleum Holdings Limited, Hevehe Petroleum Limited and Twinza Oil (PNG) Limited have signed a Memorandum of Understanding (MoU) to jointly investigate gas aggregation opportunities in the Gulf of Papua. The agreement provides a framework for the parties to undertake joint studies and evaluate the technical and commercial feasibility of aggrega...

 From First Oil and Gas to LNG By Michael McWalter EDITOR’S NOTE: Michael McWalter, former Director, Petroleum Division and Adviser to the Government of Papua New Guinea, and erstwhile petroleum adviser to the governments of Ghana, Liberia, Cambodia, São Tomé, and South Sudan, recalls the foundations of petroleum resource development in Papua New ...

 The PNG Chamber of Resources & Energy will deliver two major events in 2026, providing platforms for dialogue, collaboration, and investment engagement across Papua New Guinea’s key resources sectors. PNG Resources Week APEC Haus, Port Moresby 29 June – 16 July 2026 Register your interest: https://pngcmp.eventsair.com/2026.../prw26eoi...

Weir, a global leader in mining technology, has successfully installed China’s largest mill circuit slurry pump. The order includes six WARMAN® MCR® 650 pumps and two WARMAN® MCR® 750 pumps. The site, located in the Tibet Autonomous Region (TAR), sits 5,300 metres above sea level. The thin air and freezing temperatures create a complex operating enviro...

Continuing its commitment to developing local talent, Steamships is delighted to commence its 2026 Graduate Development Program (GDP), welcoming nine new graduates into the program while also celebrating the successful completion of the program by the 2022 cohort. Managing Director of Steamships, Chris Daniells, said, “We are pleased to welcome the 202...

At his first appearance on the Nasfund–FM100 Talkback Show this month, Nasfund CEO Rajeev Sharma announced two major milestones set to reshape member and employer  engagement in 2026.  Nasfund is preparing to deliver its first multi-location Employer Conference, scheduled  for 25th March 2026. This annual event will be streamed live from a central loca...

Datec PNG has appointed Preetam Talukdar as acting chief executive officer effective 12 January, following the departure of former acting CEO Russell Tato. Talukdar, who currently serves as chief operating officer, brings extensive leadership experience across technology, telecommunications and enterprise ICT solutions in Papua New Guinea and the wider...

Acting Minister for Information and Communications Technology Peter Tsiamalili Jr. formally closed a week-long programme on international cyber law and cybercrime cooperation, calling it a pivotal step in Papua New Guinea’s digital development pathway. The workshop, held at APEC Haus from 9 to 13 February, brought together government agencies, internat...

The Remington Group has welcomed five new young professionals into its 2026 intake, comprising two Graduate Development Program (GDP) trainees and three Junior Service Technician apprentices, following a competitive nationwide selection process. From applicants across Papua New Guinea’s four regions, 19 GDP candidates and 7 apprenticeship candidates we...

Papua LNG is a significant liquified natural gas (LNG) project for Papua New Guinea (PNG). Led by TotalEnergies, it will develop the Elk/Antelope gas fields in the Gulf of Papua, which hold large gas resources, the energy equivalent of more than one billion barrels of oil. Intended to be the country's second LNG project, Papua LNG promises a lot, inclu...

Holiday Inn & Suites Port Moresby and Holiday Inn Express Port Moresby are proud to announce the launch of their “Greener Stay” initiative, commencing 16 February 2026. The programme gives guests the option to reduce their environmental impact by opting out of daily housekeeping services while earning IHG One Rewards points. The initiative is desig...

Preparations are underway for the launch of the From Here to There: The Cost of Government Administration and Services in Bougainville report, following high-level discussions with the National Economic and Fiscal Commission (NEFC) and Autonomous Bougainville Government (ABG) officials earlier this month. The study represents the most comprehensive cos...

Air Niugini Limited (ANL) has announced the appointment of Alan Milne as Chief Executive Officer, following approval by the National Executive Council (NEC). The airline’s Board Chairman, Karl Yalo, described the appointment as timely, coming at a pivotal moment for the national carrier as it advances the Government-approved Re-Fleet Program and works ...