PORT MORESBY – Adyton Resources Corporation has reported “very encouraging” preliminary gold assay results from its ongoing diamond drilling campaign at the Feni Island gold-copper project in Papua New Guinea, with multiple broad intersections of gold mineralisation across the first three drillholes. The standout result came from hole FDD002, which ret...
Papua New Guinea’s mining sector took centre stage this week at the inaugural PNG Mining Seminar, held at the Akasaka Intercity Conference Centre in Tokyo. The event, co-hosted by Ok Tedi Mining Limited, marked a significant milestone in the enduring partnership between Japan and Papua New Guinea, showcasing the country’s untapped resource potential an...
Economic growth in Pacific island nations is expected to hold steady this year but slow slightly in 2026, according to the Asian Development Bank’s latest Asian Development Outlook (ADO) released 23 July, 2025. The ADB maintained its 2025 growth projection for the Pacific at 3.9 percent, while the 2026 forecast has been adjusted downward to 3.5 percent...
Port Moresby, Papua New Guinea – Mayur Resources Limited has officially rebranded as Pacific Lime and Cement Limited, marking a major milestone in its transformation into a fully integrated supplier of building and industrial materia The name change reflects the company’s evolution from a resource explorer to an operator focused on producing lime, ceme...
Port Moresby – Australian gold miner St Barbara is reporting encouraging results from its recent drilling efforts at its Simberi operations in Papua New Guinea, where the company has found more gold mineralization and sulphide-rich rock directly beneath existing open-pit mines. The new discoveries come from a large-scale drilling programme aimed at ext...
The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) Secretariat has commenced its first leg of the Subnational Roadshow and Awareness Program in Goroka, Eastern Highlands Province. This important initiative forms part of PNGEITI’s ongoing commitment to strengthen transparency, accountability, and good governance in Papua New Guine...
Port Moresby, Papua New Guinea — Prime Minister James Marape on Tuesday officially commissioned the MV IBK, a new landing craft barge representing the people of Ihu, Baimuru and Kikori, and launched the Kikori District Five-Year Development Plan at a ceremony held at Fairfax Wharf. Under the theme “Charting our way: one development plan, one people, on...
BUKA — The Autonomous Bougainville Government, through the Department of Treasury and Finance, is modernising its public finance systems with a new contract signed with FreeBalance Inc. to implement a financial management platform aimed at improving transparency, accountability and service delivery. The contract was formally signed last week by Kearnne...
BUKA — The Bougainville Executive Council (BEC) has officially endorsed a 20-year Bougainville Transport Master Plan, setting a clear path for the region’s future infrastructure development and reaffirming its long-term commitment to reliable, inclusive and climate-resilient growth. As part of the endorsement, the BEC also approved the renaming of the ...
Port Moresby — Prime Minister James Marape has announced the appointment of Gerea Aopi as the new hairman of the board of Kumul Petroleum Holdings Limited (KPHL) as the government moves swiftly to address serious governance concerns raised in a recent Australian media report. Aopi’s appointment was made prior to the emergence of these allegations but P...
Ok Tedi Mining Limited (OTML) has signed three road construction contracts worth over K390 million (approx. USD 105 million) to improve infrastructure connectivity in Western Province and ensure communities have access to basic goods and services. The three projects include: the construction of the Kiunga–Nomad Road, valued at K294,702,331 (appro...
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...
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