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...

Papua New Guinea has taken a decisive step towards the commercial rollout of Starlink services after a National Court ruling cleared legal barriers, while the sector regulator confirmed it has issued operator licences and senior officials called for coordinated implementation across government. Prime Minister James Marape welcomed the court’s decision,...

The Sepik Development Project (SDP) continues to record strong progress in stakeholder engagement while expanding employment opportunities for Papua New Guineans, with a clear focus on benefiting communities in the Sepik region. Project representatives from the community affairs team, whose dedicated role is to meet with and listen to local communities...

TISA Bank and Brian Bell are pleased to announce the signing of a Memorandum of Understanding to explore and develop financing solutions that support the adoption of green and blue products across Papua New Guinea. The partnership brings together two proudly home-grown PNG institutions with more than 50 years of history, service, and commitment to the ...

Sandvik Mining is continuing to strengthen its presence in Papua New Guinea (PNG), reinforcing its long-term commitment to supporting the country’s growing mining industry through expanded facilities, increased operational capacity, enhanced logistics, and continued investment in people and local capability. Sandvik has operated a local entity in PNG f...

Papua New Guinea’s growth outlook is expected to moderate over the next two years as global economic pressures weigh on the region, according to remarks by Asian Development Bank (ADB) country director for PNG, Takafumi Kadono, at the launch of the 2026 Asian Development Outlook (ADO) on April 17 in Port Moresby. Kadono told stakeholders that developin...

More than 70 employees at the University of Papua New Guinea (UPNG) formed the first cohort to complete a series of Financial Basics for My Business sessions delivered by Westpac PNG in March, as part of the bank’s ongoing commitment to building financial capability across Papua New Guinea’s workforce and communities. Delivered over three days during t...

Improving access to reliable and affordable energy will be critical to unlocking Papua New Guinea’s export potential, particularly in agriculture, British High Commissioner Paul Eastwood said during a recent visit to cacao farms in East Sepik Province. Speaking after engagements in Wewak, Eastwood highlighted the province’s role as the country’s larges...