The Information Management division of APCS (Asia Pacific Communication Specialists) may be new, but it comes equipped with more than three decades of experience in PNG information compliance and governance. Better known across PNG for their expansive range of IT products and services, as well as business internet, APCS’s foray into the world of inform...

In celebration of the company’s 75th anniversary as a Caterpillar Dealer in Papua New Guinea, Hastings Deering PNG held an event in Port Moresby to commemorate the significant milestone. Members of the Hastings Deering PNG team, together with members of the broader Pacific Islands and Hastings Deering Executive Leadership Teams, came together with some...

Since 2007, the Head Hunters team has sourced and connected professionals worldwide to match their clients' talent and cultural needs. With a mission to connect organisations with top-tier talent, the firm leverages extensive industry expertise and a global database to deliver exceptional results, ensuring clients find the right candidates for key posi...

Tolu Minerals Limited has announced a successful placement, raising A$26.7 million (Australian Dollars) from sophisticated and institutional investors at an issue price of A$0.80 per share. In an exclusive interview, Tolu Minerals Managing Director and CEO Iain Macpherson told PNG Business News that this funding will significantly strengthen and accele...

Papua New Guinea is committed to strengthening its bilateral relationship with the United States in the coming years, with Prime Minister James Marape expressing confidence in future cooperation under the leadership of President-elect Donald Trump. PM Marape made the statement while congratulating Trump on his election as the 47th President of the Unit...

November is a month of global activism to take action and prevent all forms of violence against women. Joining this global agenda, more than 1,000 people wearing red walked the streets of Port Moresby with support from Puma Energy as major sponsors for the annual “Redvember Walk.” This officially launched the “United to End Violence Against Women (EVAW...

Santos has completed its sale of a 2.6% interest in the Papua New Guinea Liquefied Natural Gas (PNG LNG) project to Kumul Petroleum Holdings Limited (KPHL). The transaction, first announced on 29 December 2023 and detailed on 1 February 2024, was completed on 4 November 2024 and is worth US$602 million in cash (2.43 billion kina). In addition, Kumul wi...

Ark modular buildings are increasingly being chosen for mining and oil and gas camps due to their speed of assembly, low cost, high quality, and green credentials.  With a multitude of building configurations, Ark camps can be found throughout the world, including at some of its biggest LNG developments.  In 2010 Ark delivered its first LNG camp in PNG – ...

Prime Minister Hon. James Marape has opened a two-day forum on Technical and Vocational Education Training (TVET) in Port Moresby recently, describing it as a milestone achievement aimed at empowering Papua New Guineans to participate in the country’s economy. The multi-million kina ‘Improved TVET for Employment’ project is co-funded by three partners ...

Prime Minister Hon. James Marape has extended his congratulations to two newly appointed Vice-Ministers of State, who were officially sworn in at Government House. The two Vice-Ministers took their oaths before the Governor General, His Excellency Sir Bob Dadae. They are: Hon. Stanley Muts Samban (Wewak MP) – Vice-Minister for Defence Hon. Fran...

In an exclusive interview with PNG Business News, the newly appointed Minister for Mining, Hon. Wake Goi, shared his priorities, placing emphasis on transparency in regard to all mining deals done under his ministry.  "Any mining deals done under my ministry must be done with transparency," he stated. Minister Goi, now almost five weeks into his ten...

Remington Group is pleased to announce the appointment of Justin Kieseker as Chief Operating Officer, effective immediately. In this new role, Justin will oversee the operations of the Group’s entire Printer Division, which includes both Remington Technology and FX Business Centre. This expanded role marks an important step in Remington Group’s commitment...

In the global economy, it is practically impossible to improve and expand a business without a reliable supply chain partner. This is where AsiaPac’s longstanding expertise proves invaluable. Focused on dedicated and strategic business development in the global supply chain management arena throughout Southeast Asia, Australasia and Papua New Guinea, A...

A research Officer with the PNG Extractive Industries Transparency Initiative says lack of realistic policies and framework to address impacts of sudden mine shutdowns, affect businesses and communities among those whose lives depends entirely on the mine. Eileen Mosusu, in her presentation at the Geoscience, Exploration and Extraction Conference in Port ...

Great Pacific Gold Corp is pleased to announce the appointment of Ron Gawi as Country Manager, Papua New Guinea, effective immediately. “With the focus of the Company’s exploration activity now in Papua New Guinea, we are very pleased to welcome Ron Gawi to our executive team,” stated Greg McCunn, CEO of Great Pacific Gold. “His extensive background in...

Papua New Guinea Prime Minister James Marape announced the launch of a “transformative” $1.2 billion (4.8 billion kina) agro-forestry project aimed at boosting the economy and infrastructure of the remote midlands of Western Province. During a press conference, PM Marape outlined key features of the project, which promises to enhance connectivity and g...

Preparations are underway for the 2024 PNG Investment Week hosted by the PNG Chamber of Resources & Energy (PNG CORE) from the 6th – 11th December at the International Convention Centre, in Sydney, Australia. Chief Operating Officer for PNG CORE Mrs. Pansy Taueni-Sialis, said with a month to go, PNG CORE is seeing an uptake in registrations from de...

ExxonMobil Senior Vice President of Global LNG, Mr. Peter Clarke, recently shared his insights on the success of Papua New Guinea’s liquefied natural gas industry and the bright opportunities ahead as a keynote speaker at Kumul Petroleum Holding Limited’s Petroleum and Energy Conference held in Port Moresby. “Papua New Guinea is truly well-positioned f...

Kainantu Gold Mine in Papua New Guinea has reported outstanding production results for the third quarter of 2024, achieving a record output of 44,304 ounces of gold equivalent (AuEq), which includes 41,702 ounces of gold, 1,278,492 pounds of copper, and 37,613 ounces of silver, according to K92 Mining Inc. John Lewins, K92 Chief Executive Officer and D...

A Special Procurement Committee for the Mineral Resources Authority (MRA), under the National Procurement Commission (NPC), was officially sworn in on Friday, 25 October, at the NPC office in Port Moresby. The formation of this committee is a requirement under the NPC Act 2021, which mandates that government statutory bodies and agencies with the capac...

On the sidelines of the 2024 Petroleum & Energy Conference today, Kumul Petroleum Holdings Limited Managing director, Wapu Sonk signed a Pre-Front-End Engineering & Development (FEED) contract for a Floating LNG (FLNG) facility in the Gulf of Papua, in PNG. Mr Sonk announced that this important contract had been awarded to Shanghai Wison Offsho...

Prime Minister Hon. James Marape met with Indonesia’s newly inaugurated President, H.E. Prabowo Subianto, in Jakarta shortly after the President's official swearing-in. The bilateral meeting, held at the Presidential Palace, focused on the future of relations between Indonesia and Papua New Guinea. “President Subianto and I had a very productive bilate...

Prime Minister Hon. James Marape has urged Papua New Guinean-owned businesses to maintain a strong presence and foster ongoing commercial relationships between Papua New Guinea and Samoa. Prime Minister Marape highlighted that both countries share similar values and aspirations for development, and PNG-owned businesses operating in Samoa have significa...

Prime Minister, Hon. James Marape, signed a framework agreement with the Prime Minister of Vanuatu, Hon. Charlot Salwai Tabimasmas, establishing a commitment between Papua New Guinea and Vanuatu to pursue, develop, and implement economic and technical cooperation activities for the benefit of both countries’ citizens. The signing took place at the Taum...