Photo: Major Richard Elizah from the PNG Defence Force (left) receives Commissioner General’s Certificate of Excellence from Ambassador Joshua Kalinoe, who officiated at the PNG Expo2020 Pavilion Closing Dinner on behalf of the Minister for Foreign Affairs and International Trade, Hon. Soroi Eoe. Major Elizah is seconded from the PNGDF as Logistics Manage...

Since 2003, the Japanese government has provided K19.2 million to encourage rice production in East Sepik and Madang, according to Nobuyuki Watanabe, the Japanese Ambassador to Papua New Guinea. “K11.2million was funded in the first phase of the promotion of smallholder rice production project from December 2003 to November 2008,” he said. “Another ...

Photo: Credit Guarantee Corporation The Bank of Papua New Guinea has launched the Credit Guarantee Corporation to help sustain and increase the growth of the Small to medium enterprise (SME) sector. Small businesses in Papua New Guinea will now leverage on the Credit Guarantee Corporation (CGC) to grow their businesses. The Credit Guarantee Corporat...

Photo: Peter Laigaard Jensen, Senior Vice President & Group General Manager - Coral Sea Hotels & Hospitality Radisson Hotels Coming to Papua New Guinea - Grand Papua Hotel Joins Radisson Individuals Coral Sea Hotels has announced an exciting new partnership with Radisson Hotel Group for Grand Papua Hotel to become a member of Radisson Indivi...

Photo credit: K92 Mining  K92 Mining Inc. is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2021. Safety Strong focus on safety with zero lost time incidents (“ LTI ”) in the fourth quarter. Since the start of operations, Kainantu has had one of the best safety records in the Austra...

Photo: Figure 1: Feni Island – showing Kabang drilling area – other prospects also shown Adyton Resources Corporation is pleased to report that petrology work carried out on the highly successful diamond drill hole ADK004 (see TSXV Release 01 December 2021) supports the existence of two styles of mineralization – a shallower epithermal style overprinti...

Photo: Weir Minerals Engineer configuring the Synertrex® IntelliWear™ panel Intelligent equipment monitoring provides pipeline operators with increased control over performance and maintenance schedules, reducing operating costs and unplanned downtime. Weir Minerals, global market leader in premium technology and mining solutions, is launching Syner...

Papua New Guinea’s second country validation on implementing the Extractive Industries Transparency Initiative (EITI) Global Standard commences on Friday, April, 1st, 2022.  Head of the PNGEITI National Secretariat Mr. Lucas Alkan says the “validation” is intended to assess the impact EITI implementation has made in the country in terms of addressing s...

Launched in 2015, the Certificate IV Leadership & Management Course has positively strengthened and impacted the professional carrier of 299 Papua New Guinean women who are employed across different industries. The course has grown from strength to strength. This year, the course will be delivered online in partnership with Tafe Queensland, a move ...

Photo: Weir Minerals Synertrex® Monitoring Centre in the UK Weir Minerals has announced a new partnership with XMPro, a leading digital twin platform. The partnership will enable intelligent equipment and services and support miners to achieve higher performance while also reducing the environmental footprint of their operations.  The XMPro platform...

Santos recently released its 2022 Climate Change Report which sets out our climate transition strategy and action plan to become a net-zero emissions[1] energy and fuels business by 2040. The Climate Change Report features the following milestones for Santos’ journey to becoming Net Zero: New 2030 targets of a 30 per cent reduction in absolute em...

Photo Credit: Epiroc Epiroc, a leading productivity partner for the mining and infrastructure industries, introduces the DM30 XC blasthole drill that is suitable for a variety of multi-pass rotary and down-the-hole (DTH) drilling applications. Built off the same proven, reliable platform as the Epiroc DM30 II, the new DM30 XC offers 33% more power and ...

Photo: Downtown Port Moresby Lands and Physical Planning John Rosso was praised by Hon. James Marape. In Parliament, Rosso applauded the approval of the Strata Title Management Bill 2022, as well as associated legislation and amendments (March 23 2022). Because of a rising population and a lack of land, the bill permits people to acquire units and f...

Mayur Resources Ltd has declared that it will engage a partner to expand its Central cement and lime project. According to the company's half-year report, which concluded December 31, it will make a final investment decision this year. This year, the group will concentrate on: Bringing on board a strategic development partner for the project, ...

Photo: PM Marape announcing the good news in Parliament recently. Picture courtesy of PARLIAMENT MEDIA In the midst of the worldwide crisis caused by the Russia-Ukraine war, James Marape claims that the Bank of PNG has the largest amounts of foreign exchange ever, totaling more than K10 billion. This is in sharp contrast to the O'Neill era, when for...

Hon. Prime Minister James Marape says he wants Madang to become a pillar of Papua New Guinea's economy. He addressed this in front of hundreds of people at Walium Station in Usino-Bundi when announcing K100 million in financing for the Pacific Marine Industrial Zone (PMIZ). PM Marape said that hundreds of millions of kina for the PMIZ had been spent...

St Barbara Limited now expects Simberi will produce between 25-30koz at an AISC of $3,200-3,600 per ounce in FY22. Group FY22 production has been updated to 275-290koz and AISC of $1,750-1,870 per ounce. Guidance for Leonora and Atlantic remain unchanged.  St Barbara Limited withdrew guidance for its Simberi operations on 18 February 2022 due to signif...

According to Coffee Industry Corporation Ltd (CICL) board chairman Jerry Kapka, the increase in the levy on green bean coffee exports from 10t to 20t per kilogramme is reasonable. “The increase is not same as 10t administrative levy. With the current scenario facing the coffee industry, the board has seen the need to have a reserved funding source assi...

Senior executives from Newcrest flew into Kavieng to pay Governor Sir Julius Chan and his administration a courtesy visit. Sandeep Biswas, the managing director and CEO, was joined by Stanley Komunt, the national manager, Tim Bryson, the strategic engagement manager, and Felix Kipalan, the environment, social, and government manager. Discussions cen...

Photo: Rocky Roe - ABC According to Ambassador Jernej Videtic, the European Union (EU) is willing to provide Papua New Guinea with hundreds of millions of Kina to help the country complete its forestry reforms. “Some of the areas that the EU will help are in environmental data management for carbon trading, knowledge management, green jobs and growt...

Photo: The Usino Junction along the Ramu Highway. To the left is Madang, to the right is Ramu Valley leading on to Markham Valley, and the road in the middle is to Ramu Nico. Hon. Prime Minister James Marape has announced that a K159 million contract for the Ramu Highway in Madang has been awarded, as well as a K43 million contract to expand the North ...

Ian Tarutia, president of the Papua New Guinea Chamber of Commerce and Industry, is pleased to hear that the Porgera Mine will reopen next month. “The closure two years ago and its consequences had an adverse impact on the country’s economy in terms of foregone tax revenue, royalties and unemployment of more than 3,000 workers,” he said. “We are hop...

Synertrex® Monitoring Centre in South Africa Weir Minerals, a leading supplier of equipment and services to the mining industry, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, have signed a digital business framework for strategic cooperation. The objectives of the agreement include: Digit...

Photo credit: Bougainville Copper Limited The Panguna Mine Legacy Impact Committee held its second meeting early this month in preparation towards the detailed impact assessment set to commence in mid-2022. The Committee heard a presentation from the technical consultant Tetra Tech Coffey where they presented their initial findings and recommendatio...