K92 Mining Inc. announced strong production results for the third quarter of 2025 from its Kainantu Gold Mine in Papua New Guinea, as the company continues to make progress on its major Stage 3 expansion. The company produced 44,323 ounces of gold equivalent (AuEq) during the quarter, including 42,244 ounces of gold, 1.3 million pounds of copper and 3...

Ok Tedi Mining Limited (Ok Tedi) is pleased to announce the signing of a non-binding gas supply term sheet with ArranEnergy, a subsidiary of Trans Wonderland Limited (TWL), to purchase gas from its Stanley Gas Fields in Western Province. This marks a major step toward the company’s plans to achieve its Growth 2050 Energy Transition Strategy and decarbo...

PNG Ports Corporation Limited (PNGPCL) proudly announces the participation of its Chief Commercial Officer Deborah Michelle Onga as a panellist at the 2025 International Association of Ports and Harbors (IAPH) World Ports Conference, held from 7–9 October in Kobe, Japan. The conference, celebrating the IAPH’s 70th anniversary, gathered more than 200 gl...

Ok Tedi Mining Limited (Ok Tedi) has successfully completed the construction of a critical underground pump station project that improves mine water management, enhances safety and delivers significant cost savings. The project, which commenced in August 2024 and was completed in June 2025, was delivered incident-free and under budget, achieving a cost...

Ahead of the 9th Pacific Tuna Forum (PTF 2025) in Fiji, Papua New Guinea’s National Fisheries Authority (NFA) and Special Economic Zones Authority (SEZA) are positioning the country as a regional leader in value-added processing, sustainable trade, and blue economy development. The forum, scheduled for October 14–15 in Nadi, Fiji, will bring together p...

The Papua New Guinea Investment Promotion Authority (IPA) is preparing to lead a high-level investment mission to Japan in November, in collaboration with the Pacific Islands Centre (PIC) in Tokyo and the PNG Embassy in Tokyo. Scheduled for 4 November 2025, the mission will feature an investment conference at the ANA International Hotel in Tokyo under ...

The 2025 Papua New Guinea Petroleum and Energy Conference (PEC), held from 8–9 October at The Stanley Hotel, marked the nation’s 50th Independence Anniversary under the theme “The Next 50,” a call to shape and reset the next chapter of PNG’s energy future for the coming decades. The two-day event brought together more than 100 organisations and partici...

Papua New Guinea’s petroleum sector remains ripe with opportunity despite recent slowdowns in exploration activity, according to David Manau, Secretary for the Department of Petroleum, who delivered a compelling presentation on 8 October at the 2025 Papua New Guinea Petroleum & Energy Conference (PEC) under the theme “Exploration Operations – Is There...

Papua New Guinea’s Petroleum Minister Jimmy Maladina has reaffirmed the Marape-Rosso Government’s commitment to reshape the country’s petroleum industry through a new fiscal and regulatory framework aimed at delivering fairer, more transparent and sustainable outcomes for the State and its people. Delivering the ministerial keynote address at the openi...

Papua New Guinea’s (PNG) coconut industry is set for a major transformation through a new partnership between the Marape-Rosso Government and Sri Lanka’s Jaindi Exports Pvt Limited, one of the world’s leading manufacturers of coconut-based food and beverage products. The partnership, announced during a two-day visit by Minister for International Trade ...

PNG Ports Corporation Ltd (PNG Ports) is proud to announce that both the Port of Lae and the Port of Port Moresby have improved their global rankings in the 2025 World Bank Container Port Performance Index (CPPI), outperforming several major ports in nearby developed economies (e.g., Melbourne, Brisbane, Port Botany (Sydney), Auckland, Napier, and Otago)....

Ok Tedi Mining Limited (OTML) marked a significant milestone with the successful signing of the 4th Community Mine Continuation Agreement (CMCA), featuring new and improved terms that reinforce the company’s enduring commitment to the communities of Western Province and Papua New Guinea. The 4th CMCA delivers the largest increase in benefits in the agr...

Ok Tedi Mining Limited (Ok Tedi) has officially commissioned its new Mine Operations Workshop, a modern facility purpose-built to support the maintenance of the company’s recently introduced fleet of XDE 260 XCMG electric trucks. Named “Workshop 50” in recognition of Papua New Guinea’s 50th Independence Anniversary, the facility represents a major step...

The Port Moresby Chamber of Commerce and Industry (POMCCI) hosted a Business Breakfast at the Lamana Hotel on Wednesday, 1 October 2025, featuring PricewaterhouseCoopers (PwC) Papua New Guinea Tax Partners Peter Burnie and Shanol Jokhan, who presented detailed insights on the New Income Tax Act 2025 and shared their professional expertise on the key chang...

The PNG Chamber of Resources & Energy (PNG CORE) has commended the PNG Extractive Industries Transparency Initiative (PNGEITI) on the recent launch of the 2023 PNGEITI Annual Report. This annual report represents a signpost for the resources sector and a milestone in the industry’s collective commitment to transparent, accountable and responsible r...

Westpac PNG has announced a significant enhancement to its Bonus Saver Account with a new, market-leading interest rate of 4.25% per annum—rewarding customers for their commitment to saving and helping them grow their money faster. The Bonus Saver Account is designed to encourage consistent saving by offering a high bonus interest rate each month custo...

Fifteen participants at the University of Papua New Guinea have attended Westpac’s Financial Basics for My Business workshop, marking a successful start to Westpac’s financial literacy initiative with the university as part of the global Financial Inclusion Week celebrations. The comprehensive training module equipped participants with essential skills...

In celebration of Financial Inclusion Week, Westpac PNG has reaffirmed its commitment to inclusive growth and community empowerment, having positively impacted families and communities through its targeted programmes. As the first bank established in Papua New Guinea, Westpac has built a long-standing legacy of service, trust and innovation. Today, it ...

The Marape-Rosso Government has begun the mid-term review of Papua New Guinea’s National Trade Policy (NTP) 2017–2032, aimed at strengthening the country’s trade strategy in response to evolving global and domestic conditions. The review, spearheaded by the National Trade Office (NTO) with support from the European Union Delegation to PNG, was announce...

Economic growth in the Pacific is expected to pick up next year, buoyed by strong resource output in Papua New Guinea (PNG), according to the Asian Development Outlook (ADO) September 2025, released on 6 October by the Asian Development Bank (ADB). The report projects Pacific economies to expand by 4.1 percent in 2025, before moderating to 3.4 percent ...

Ok Tedi Mining Ltd. (Ok Tedi) congratulates the Ok Tedi Landowners Royalty Investment Trust (OTLRIT) and the Milum Group of Companies on the launch of Milum Aviation Ltd. and the successful acquisition of three Dash 8 aircraft that currently operate Ok Tedi’s charter service. The OTLRIT, which represents the 12 Mine Villages, acquired the aircraft at a...

Weir, a global leader in mining technology, has launched a new range of ENDURON® jaw and cone crushers, developed in close collaboration with customers to address their most pressing operational challenges. This customer-first approach has resulted in equipment that enhances safety, boosts productivity, simplifies maintenance, and supports sustainability ...

In a landmark moment of cultural reconnection and national pride, Returning Home, an art exhibition and programme, takes centre stage at Harbourside South in line with the celebration of Papua New Guinea’s 50th Independence Anniversary. Steamships, in collaboration with Pacific Palms Property, is proud to bring home five Papua New Guinean artists, show...

Five years ago, Violet Bukon was preparing meals in her home kitchen with a vision for something greater. At present, she leads The Eatery Catering and Cakes, a thriving business in Lae that provides boardroom lunches to some of Papua New Guinea’s top companies, and she has been honoured as the 2025 Westpac Outstanding Women Awards (WOWA) Entrepreneur win...