The PNGX Group Limited, operator of Papua New Guinea’s national stock exchange, has welcomed the strong support of Minister for State Enterprises William Duma for expanding public participation in the local capital markets through the recent sale of BSP Financial Group Limited (BSP) shares. Minister Duma confirmed that only Papua New Guinean citizens a...

TOARE, Gulf Province — The Toare Mask Festival has been successfully revived through a collaboration between TotalEnergies, the National Cultural Commission (NCC), and the Gulf Provincial Government. The two-day cultural event, held on 12-13 July, marked the 20th anniversary of the festival and the official opening of the Toare Cultural Centre. First e...

PORT MORESBY — The Papua New Guinea Resources Golden Exhibition has entered its third week at APEC Haus, with more than 30 exhibitors from the country’s mining, petroleum and energy sectors showcasing their contributions to PNG’s development. Among the exhibiting companies are Ok Tedi Mining Limited, K92 Mining Limited, Hidden Valley Mine, Simberi (St ...

PORT MORESBY — Westpac PNG is pleased to announce the appointment of Tamzin Wardley as chairwoman of the Board, alongside the appointment of Presley Semi and Michelle Hau’ofa as non-executive directors, effective immediately. These appointments come at a strategic moment for the bank, as Westpac PNG recently welcomed its new chief executive, Andrew Cai...

Port Moresby, 17 July 2025 - Westpac PNG is proud to announce the 21 finalists for the 2025 Westpac Outstanding Women Awards (WOW), a prestigious initiative that celebrates the remarkable achievements of women driving progress and transformation across Papua New Guinea. Initiated in 2002 and relaunched this year, the WOW Awards continue to honour women...

Close to 500 students from Badihagwa Technical Secondary School visited the PNG Resources Week Golden Expo on Wednesday at APEC Haus in Port Moresby, marking the largest single-school attendance since the event began on 7 July 2025. Badihagwa Technical Secondary School led the attendance figures, sending a large group of Year 11 and Year 12 students to...

 Now’s your chance to secure a rare lakeside lifestyle on the edge of stunning Lake Tinaroo! Stage 9 of the Yungaburra Waterfront Estate is well underway, with large, flat blocks soon to be available. - Lot sizes from 700m² to 753m² - Absolute proximity to Lake Tinaroo - Premium, fully serviced homesites - Bitumen roads, underground power, town wate...

The European Union Ambassador to Papua New Guinea Jacques Fradin reaffirmed the EU’s long-term commitment to PNG, emphasising innovation, climate action and deepening trade and development partnerships under a transformative “global gateway” approach. The European Union (EU) has been a long-standing partner of PNG since independence, strengthening ties...

A powerful step towards gender equity in Papua New Guinea’s mining, petroleum and energy sectors was taken today with the official launch of the Women in Resources and Energy (WIRE) Committee, an initiative by the PNG Chamber of Resources & Energy (PNG CORE). As PNG celebrates 50 years of nationhood and industrial growth, the resources sector conti...

"Where would Papua New Guinea be without the resources sector?" That powerful question, posed by Ruth Waram, curator of the PNG Resources Golden Exhibition, set the tone for an evening of reflection, pride and aspiration. Held at APEC Haus in Port Moresby, the formal opening brought together dignitaries, industry leaders, landowners and government officia...

The Autonomous Bougainville Government (ABG) has reaffirmed its commitment to strengthening partnerships with development partners and the National Government, calling for a more coordinated and transparent approach to delivering development programs for Bougainville’s long-term growth. Speaking during the 2025 Bougainville Development Cooperation Conf...

Prime Minister James Marape used his high-level engagement with the International Monetary Fund (IMF) in Washington, D.C. to call for the creation of a tailored support facility for Small Island Developing States (SIDS), particularly fellow Pacific Island nations. Speaking directly to IMF Deputy Managing Director Mr Bo Li and his senior leadership team...

Washington, D.C., USA, 11 July 2025 – Prime Minister Hon. James Marape has reiterated Papua New Guinea’s unwavering commitment to macroeconomic stability, fiscal reform, and debt sustainability during a high-level meeting with the International Monetary Fund (IMF) in Washington, D.C. The meeting was held at the IMF Headquarters with Deputy Managing Di...

“The story of our country’s engagement with the world is a story of resources. Explorers came for gold, then oil, and later for gas and minerals. Each of these helped shape not only the economy but the social and political fabric of Papua New Guinea,” said Anthony Smaré, President of the PNG Chamber of Resources and Energy, at the official opening of the ...

The executive management team of Kumul Petroleum Holdings in early July visited two construction sites where the company is building important infrastructure to support the long-term provision of increased national content and essential services in the country. Currently under construction are the Motukea Fuel Facility, adjacent to the Motukea Internat...

Kuala Lumpur, Malaysia – Papua New Guinea’s Minister for Foreign Affairs Justin Wayne Tkatchenko attended the 32nd ASEAN Regional Forum (ARF) Foreign Ministers’ Meeting on 11 July, where he delivered a landmark address reaffirming PNG’s aspiration to transition from ASEAN Special Observer to full membership. Minister Tkatchenko emphasised the strategic an...

Houston, Texas, USA, 9 July 2025 – Papua New Guinea Prime Minister James Marape has met with senior executives of ExxonMobil Corporation at the company’s global headquarters in Houston, Texas to progress strategic discussions on Papua New Guinea’s next generation of LNG developments — including the Papua LNG, P’nyang LNG and Wildebeest gas projects. Th...

Prime Minister James Marape held a series of meetings with senior US officials on 10 July, reinforcing strategic ties between Papua New Guinea and the United States in areas including trade, investment, security and fisheries cooperation. He engaged with representatives from the Pentagon, US Border Protection and the US Coast Guard, culminating in a ke...

Prime Minister James Marape has announced a landmark development in Papua New Guinea–United States relations, following a historic first-ever bilateral meeting at the White House between a sitting Papua New Guinean Prime Minister and a US Vice President. This milestone meeting, held during Prime Minister Marape’s official visit to Washington D.C., took...

PORT MORESBY — Ok Tedi Mining Limited (Ok Tedi) is pleased to announce it has received clearance from Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) for its purchase of the Misima Gold Project from Kingston Resources Limited (Kingston). This approval completes all conditions precedent required to finalise the transaction. On ...

Wimble & Co Limited, a trusted name in Papua New Guinea’s industrial and mining supply sector, underscored its commitment to sustainable solutions and deeper industry collaboration at the 2025 PNG Industrial and Mining Resources Exhibition and Conference, held at The Stanley Hotel in Port Moresby from 2–3 July. In an exclusive interview with PNG Bu...

The Bank of Papua New Guinea (BPNG) has submitted its 2024 Annual Report and Financial Statements to the Minister for Treasury, in accordance with the Central Banking (Amendment) Act of 2024. The report captures a pivotal year marked by structural reform, digital innovation, monetary tightening, and renewed focus on institutional integrity. The timely ...

K92 Mining Inc. has announced the retirement of Philip Samar from his role as vice president, government and community affairs. Samar will continue to support the company as a senior advisor in a consulting capacity. Samar joined K92 in January 2019 as vice president, external and corporate affairs, later retitled vice president, government and communi...

Canadian firm K92 Mining Inc. has reported a solid second-quarter performance for 2025, producing 34,816 ounces of gold equivalent (AuEq) and initiating commissioning of its new 1.2 million tonnes-per-annum (Mtpa) Stage 3 Process Plant at the Kainantu Gold Mine in Papua New Guinea. The Q2 output represents a 43% jump compared to the same period in 2024...