The redevelopment of Kimbe Port has moved beyond the halfway stage, with a new shipment of heavy construction equipment and materials arriving in early May this year to accelerate one of Papua New Guinea’s key maritime infrastructure projects. The latest barge shipment from Townsville delivered critical equipment for the next phase of works, including ...

ExxonMobil PNG is proud to celebrate the incredible achievements of women thriving in the field of information and communications technology (ICT) across its PNG LNG Project operations. Their success is a testament to their strength and resilience despite the challenges faced by women and girls in accessing ICT education and opportunities in Papua New Gui...

TISA Bank’s launch of direct Chinese yuan (CNY) settlement in early 2026 marks a significant milestone for Papua New Guinea’s financial landscape. The introduction of direct CNY settlement strengthens bilateral economic relations and supports Papua New Guinea’s fiscal stability. The move also aligns with broader diplomatic efforts to deepen ties with C...

Adyton Resources Corporation has signed an amended investment and development agreement with East Vision International Holdings Pte. Ltd. and East Vision Group Ltd. for the development of the Wapolu and Gameta gold projects on Fergusson Island in Papua New Guinea’s Milne Bay province. The revised agreement replaces the original joint venture earn-in ar...

Ok Tedi Mining Limited (Ok Tedi) has established a kidney dialysis facility in Tabubil to service its employees and the community, marking a significant step in the fight against kidney failure. Kidney failure is one of the critical health challenges facing the region and the rest of PNG. Delivered in close partnership with the PNG Kidney Foundation, t...

Papua New Guinea Treasurer Ian Ling-Stuckey has commended the Papua New Guinea Customs Service (PNGCS) for its enforcement efforts after authorities uncovered more than K19 million in unpaid excise duties linked to illegally stored alcohol products in Port Moresby. Ling-Stuckey said Customs’ recent compliance operations demonstrated the agency’s critic...

PNGX Markets Limited (PNGX or PNGX Markets), operator of Papua New Guinea’s national stock exchange, today celebrated the successful listing of Papua New Guinea’s first wholesale corporate bond, a 235 million kina 10-year unsecured subordinated bond issued by Kina Securities Limited (KSL) (PNGX Code: KSL361). This landmark transaction represents a signifi...

Tolu Minerals Limited reported continued operational progress at its Tolukuma Gold Mine (TGM) during the March 2026 quarter, as the company moves toward a staged restart targeting first production in 2027. According to its quarterly report for the period ending March 31, 2026, the company maintained momentum across underground development, plant refurb...

Geopacific Resources Limited has announced changes to its senior leadership and board as it moves toward completion of the definitive feasibility study (DFS) for its Woodlark Gold Project in Papua New Guinea. The company said the leadership transition is aimed at aligning its management structure with the next phase of development, including project fi...

Great Pacific Gold Corp. has reported initial drilling results from the Kavasuki prospect at its Wild Dog Project in Papua New Guinea, alongside an updated diamond drilling program for 2026. The company said drilling at Kavasuki began in February 2026, with five diamond drill holes completed to date totalling 688 metres. Results from holes KVH-01, KVH-...

As Papua New Guinea continues to strengthen its economic ties with Australia, Westpac PNG is reaffirming its long-standing commitment to the region as a sponsor of the 41st Australia–Papua New Guinea Business Forum & Trade Expo, to be held in Brisbane from 13–15 May 2026. For more than four decades, the Australia–Papua New Guinea Business Forum has...

Adyton Resources Corporation has reported a stronger financial position and continued progress across its Papua New Guinea portfolio following the filing of its audited financial statements and management discussion and analysis (MD&A) for the year ended December 31, 2025. The company said it completed a C$20 million financing during the year, bols...

Newly appointed Kumul Petroleum Holdings Limited director Isaac Lupari has inspected two major company projects, citing strong progress as the state-owned firm advances infrastructure tied to the country’s energy security and petroleum sector development. Lupari on 2 May visited the Motukea Fuel Facility and the Caution Bay Training and Fabrication Fac...

Papua New Guinea has only four fully licensed Special Economic Zones, with several projects still awaiting regulatory clearance despite receiving in-principle approval, according to International Trade and Investment Minister Richard Maru. The licensed zones are Paga Hill, Sea Park, Pacific Lime and Cement, and the PNG Trade Centre, Maru said, emphasiz...

Papua New Guinea’s aviation sector is entering a new phase of modernization with the groundbreaking of a six-storey, state-of-the-art air traffic control (ATC) tower at Goroka Airport in Eastern Highlands Province on April 30. The K15.7 million project, funded through the Asian Development Bank’s Civil Aviation Development Investment Programme Phase II...

By Andrew Cairns, Chief Executive, Westpac PNG Papua New Guinea’s recent grey listing by the Financial Action Task Force (FATF) has understandably generated discussion across the business community. It is an important development, but it is equally important to keep it in perspective. Grey listing means a country has identified areas in its systems ...

Dentons has strengthened its disputes capability in Papua New Guinea with the promotion of Gertrude Tamade to litigation partner in its local office. Tamade, a senior litigation lawyer with more than 20 years of experience, advises on complex commercial and civil matters. Her appointment is expected to enhance the firm’s capacity to support clients nav...

Remington Hi-Tek, a key business unit of the Remington Group, has announced its support for the 2nd PNG Media Summit 2026, reinforcing its commitment to technological advancement and local industry growth. Remington has pledged K3,000 in Hi-Tek vouchers to be used throughout the event. This sponsorship marks the second consecutive year of Remington’...

 Augustus Minerals is expanding its footprint across Papua New Guinea’s gold sector through licence applications and a strategic position in the approval queue for the Mount Kare Gold Project, while advancing early-stage drilling at its Music Well Gold Project in Western Australia. The company’s dual-track strategy reflects a balance between near-term ...

A major infrastructure investment aimed at strengthening aviation capacity in Papua New Guinea’s Highlands region has officially commenced, with Civil Aviation Minister Wake Goi launching the K39.4 million Kagamuga Airport runway upgrade on April 28 in Western Highlands Province. The project, described as a critical national priority, will see the exis...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has welcomed the Government’s decision to grant an operator’s licence to Starlink, describing the move as a significant step towards improving nationwide connectivity. PNG CORE president Anthony Smaré said the licensing, issued through the National Information and Communications Technolo...

Pacific Lime and Cement Ltd. said construction of its Central Lime Project in Papua New Guinea has moved into the civil, foundation and structural phase, with the company maintaining its timeline for first production in early 2027. In a disclosure dated April 30, the ASX- and PNGX-listed firm said key infrastructure and critical-path activities progres...

Geopacific Resources Limited said its Woodlark Gold Project in Papua New Guinea is advancing towards development readiness, with a definitive feasibility study (DFS) due for completion in May 2026 and key regulatory approvals secured. In its quarterly activities report for the period ended March 31, the company said the DFS is in its final review stage...

Prime Minister James Marape has reaffirmed Papua New Guinea’s strategic ties with China, calling for faster progress on the Frieda River mining project while seeking to significantly expand agricultural cooperation through Juncao technology during high-level engagements in Guangzhou. During talks with executives of Guangdong Rising Holdings Group, Mara...