Telstra, Australia’s leading telecommunications and technology company, today announced it has officially acquired Digicel Pacific in partnership with the Australian Government. Telstra will continue to invest in and operate the business across its six South Pacific markets – Papua New Guinea, Fiji, Nauru, Samoa, Tonga and Vanuatu. Oliver Camplin-Warne...
Local landowners from the Yandera Copper Project in Madang have stressed their concerns and objections to the upcoming renewal of its project exploration license EL 1335. Most landowners are adamant to have the renewal refused by any incoming Minister for Mining, as they want an innovative developer to come into the project that can do actual work on t...
Photo credit: Loop PNG - Clarence Hoot The Investment Promotion Authority will be reviewing its Strategic Plan 2021-2023 as the plan is halfway into its implementation timeframe. Investment Promotion Authority managing director Clarence Hoot in IPA’s fifth edition of Opportunity newsletter, said IPA is reviewing the plan to assess how much of it h...
Photo: Simberi’s rope conveyor (Ropecon), part of the mine’s clean energy campaign, delivers ore to the process plant three-kilometres downhill from the pit. [Photo by Chamber of Mines and Petroleum] St Barbara is expecting its sulphide expansion project at the Simberi operation in New Ireland, Papua New Guinea to proceed either under its name or a dif...
Photo credit: K92 Mining Inc. K92 Mining Inc. announces production results for the second quarter (“ Q2 ”) of 2022 at its Kainantu Gold Mine in Papua New Guinea, of 26,085 oz AuEq or 22,934 oz gold, 1,229,961 lbs copper and 25,224 oz silver. Sales during the second quarter were 23,674 oz gold, 1,349,816 lbs copper and 27,033 oz silver. During the se...
Photo credit: Steamships On Saturday, June 12, 2022, Steamships and Moore Printing handed over cheques for PGK100,000 to The Hands of Rescue Foundation (THOR). Present to witness the donation were General Manager Corporate Affairs Vele Rupa, Moore Printing Managing Director David Doig and THOR founder Dr Barry Kirby. THOR is a Papua New Guinean non-...
PNG Forest Products has produced an innovative range of transportable, modular solutions for mining, gas and petroleum camps that provide instant accommodation without the need for on-site construction. Each unit in the range is affixed to a steel chassis skid frame with lifting eyes for easy craning onto trucks for transport to site. The Transportable...
Photo: PNG CR’s 95 percent nationalised workforce manufactures buildings in-country and thus helps clients achieve their local content objectives It is readily accepted that prefabricated and modular building systems are better suited to Papua New Guinea than conventional modes of building. This is especially so for remotely located resource sector pr...
Photo: EMPNG volunteer program CSR: It once meant a big company handing over large sums of cash in the hope (or more usually, on the condition) of getting something in return, but today it means a whole lot more. Today it is about the social licence to operate and also a necessity if we are to meet net zero by 2050. Today’s global society is identif...
Photo: One of Oilmin’s Campsites in PNG In Papua New Guinea, Field Service providers are constantly challenged to adapt their operations based on the particular conditions encountered at the Project area of operations. A company which has been in the business of providing these services to the oil, gas and mining sectors for the past 30 years is O.M...
Photo: Head Office view of Moni Plus Ltd Heduru Moni Limited initially traded as Kina Finance in 1998 prior to being granted a license by the Bank of Papua New Guinea before transitioning into a Financial Institution and rebranding its trading name as Moni Plus. To date, the company has assisted thousands of Papua New Guineans and valued clients to imp...
Ony 12 per cent of Papua New Guinea’s population has access to internet, making it one of the lowest rates in the world, an expert says. Deloitte PNG director of consulting, Alberto Cimas said this was according to the latest available data on internet users in the country which showed that they did do not have full or continuous internet access. “I...
Photo credit: Air Niugini Facebook page Air Niugini has advised the travelling public that effective from 06th August 2022, the airline will resume direct services to Honiara, Solomon Islands and Nadi, Fiji. The resumption of services has been made possible by the relaxing of border restrictions in the two countries, and flights will initially opera...
Photo credit: ASIA-Pacific Economic Cooperation (Apec) countries and PNG’s trading partners have been invited to invest in the Ihu Special Economic Zone (ISEZ) in Kikori, Gulf, an official says. Department of Foreign Affairs and International Trade secretary Elias Rahuromo Wohengu said the ISEZ concept began during the Apec Leaders’ Summit in 2018 ...
EU-STREIT PNG preparing to install micro grid solar panels in selected public facilities to support cocoa, vanilla and fisheries entrepreneurs as well as livelihoods of rural communities. To create an enabling environment for cocoa, vanilla and fisheries entrepreneurs and to generate real possibility for economic growth that will enhance the livelihood...
Photo credit: Santos is continuing a proud legacy of supporting the national sport of Papua New Guinea and women’s empowerment through its naming rights sponsorship of the PNG Orchids, the national women’s rugby league team. The PNG Orchids through the PNG Rugby Football League (PNGRFL) Inc. received K1.8 million from Santos to back its World Cup C...
Photo credit: National Airports Corporation Papua New Guinea Facebook Page The key partners in the Civil Aviation Development Investment Program (CADIP) in Papua New Guinea have signed a Memorandum of Understanding (MoU) for the Phase-2 of CADIP. The National Airports Corporation, Asian Development Bank ADB in the Pacific, Department of National Pla...
Photo credit: Mayur Resources Mayur Resources Limited has executed a binding offtake agreement with titanium pellet producer Qingdao Shinebest for the sale of vanadium titanomagnetite (magnetite) product from the Orokolo Bay Iron and Industrial Sands Project. The Agreement replaces and improves the previously announced offtake with Shinebest, includ...
Photo credit: Kingston Resources - Misima Gold Project Regional Overview Kingston Resources Limited is pleased to announce that following the recent conclusion of the Misima Gold Project Definitive Feasibility Study the Kingston Board has commenced a strategic review of the Company’s interest in the Project. The review will assess all options to ma...
Photo credit: Coffee has been one of the most important agricultural commodities that contributes to Papua New Guinea (PNG) economy. It contributes to the livelihoods of almost three million people in the country. However, since the closure of several plantations in PNG, coffee production has continued to decline. Though coffee production in the countr...
To create an enabling environment including farm-to-market roads to support cocoa, vanilla and fisheries farmers in the Greater Sepik Region, the ILO under EU Funded UN Joint STREIT PNG Programme, has recently engaged three local contractors to commence rehabilitation and specific maintenance of four farm-to-market access roads totalling 52.1 km in the Se...
Photo:(L to R) Laboratory Technician Staff, Nivit Nihisi; Geologist, Damoi Gatama; and Logistic Assistant, Kabby Tabuim, cutting a cake to commemorate 11 Years LTI Free. Ok Tedi Mining Limited’s (OTML) Geology and Exploration Department celebrated a milestone of 11 Years without a Lost Time Injury (LTI) on the 21st of June. The last recorded LTI for...
Photo: TB HEO and No Buai Day campaign leader Teresa Koratsi. World No Buai Day is Friday October 7. As COVID-19 restrictions ease, Businesses for Health is encouraging people who want to end their chewing habit to sign up for their “World No Buai Day” campaign. COVID-19 has disrupted work and social lives in so many ways. It’s also had some unexp...
Richard Sinamoi, the chairman of Credit Corporation, says they intend to list on the Australian Securities Exchange Ltd. (ASX). Sinamoi stated that it was in the plans for the upcoming three to five years during the company's annual general meeting last week. “Of particular importance is that following the board’s strategic review in Full-year (FY21...
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