France has reaffirmed its long-term economic, environmental and security commitment to the Pacific, outlining major investments and regional partnerships aimed at strengthening ocean governance, fisheries protection and the blue economy during the opening of the Melanesian Ocean Summit, held from May 11-14 in Port Moresby. Speaking at APEC Haus on May ...

The New Ireland Province in Papua New Guinea is pushing for increased equity participation, higher royalties and expanded development funding as negotiations continue over future benefits arrangements for the Simberi and Lihir mining projects. New Ireland Governor Byron Chan said on 22 May that the province is seeking stronger long-term economic return...

The Autonomous Bougainville Government (ABG) and Steamships Trading Company (Steamships) are pleased to announce the signing of a Memorandum of Understanding (MOU) establishing a framework for collaboration between ABG institutions, traditional land custodians and Steamships. The MOU follows a longstanding series of consultative engagements between tra...

Papua New Guinea’s investment climate, grey listing status, and preparations for major resource and infrastructure projects were among the key issues discussed during a question-and-answer session at the Port Moresby Chamber of Commerce and Industry (POMCCI) breakfast meeting held on Wednesday, May 20, at the Royal Papua Yacht Club in Port Moresby. Res...

Senior economists highlight fuel subsidy risks, kina stability and growth opportunities at POMCCI breakfast meeting By Roselyn Erehe Questions surrounding the long-term sustainability of Papua New Guinea’s fuel stabilisation measures, the future direction of the kina, and the readiness of businesses to absorb rising costs dominated discussions durin...

Papua New Guinea’s economic outlook, investment opportunities and long-term development priorities took centre stage during a business breakfast session hosted at the Royal Papua Yacht Club in Port Moresby on Wednesday, May 20, where leading economists and private sector representatives discussed the country’s future through a “Five Ps” framework — Petrol...

Papua New Guinea has signed a Framework Agreement on Enhanced Economic Partnership with China, paving the way for deeper bilateral trade cooperation and future negotiations on a potential free trade agreement between the two countries. The agreement was signed on May 21 in Suzhou, China, by Papua New Guinea Minister for International Trade and Investme...

A new classroom and staff housing project is underway in the remote Baina community in Gulf Province as part of efforts to improve access to education within the PNG LNG pipeline corridor. Located along the Kikori River near the border with Southern Highlands Province, Baina Village is one of the most isolated communities in the project area, accessibl...

Australia has announced a major new push to support Papua New Guinea’s telecommunications and digital infrastructure sector, with Australian Minister for Pacific Island Affairs Pat Conroy outlining plans aimed at accelerating economic growth, expanding business opportunities, and improving nationwide connectivity in PNG. Speaking at the 41st Australia ...

Geopacific Resources Ltd. has released the definitive feasibility study, or DFS, for its Woodlark Gold Project in Papua New Guinea, outlining a long-life open-pit gold development with projected post-tax net present value of A$1.3 billion at a gold price of A$5,500 per ounce. The Australia-listed company said the DFS confirmed Woodlark as a technically...

Canada-listed Great Pacific Gold Corp. has provided an exploration update on drilling and fieldwork at its flagship Wild Dog Project in Papua New Guinea, outlining plans for expanded drilling across multiple epithermal gold-copper target areas in 2026. The Wild Dog Project, located in East New Britain Province, hosts a series of interpreted epithermal ...

Canada-listed South Pacific Metals Corp., or SPMC, has reported results from its maiden drilling programme at the Ontenu NE prospect in Papua New Guinea, with mineralisation intersected in five of seven holes completed to date. The drilling programme, comprising seven holes for 2,266 metres within the wider Osena Project area, targeted the Ontenu NE pr...

Prime Minister James Marape has invited French investors, financiers and technology firms to expand into Papua New Guinea as the country positions itself for long-term growth driven by energy, infrastructure and industrial development. Speaking during a high-level meeting hosted by MEDEF International in Paris, Marape told representatives from major Fr...

Papua New Guinea is nearing the signing phase for the redevelopment of the Port of Rabaul following high-level talks in Paris between Prime Minister James Marape, French development agency Agence Française de Développement, or AFD, French government officials and European development partners. The discussions, held on May 19, focused on infrastructure ...

Prime Minister James Marape has thanked the Government and people of France for their warm hospitality and enduring friendship with Papua New Guinea during a luncheon hosted in Paris on Wednesday, May 20, 2026, with members of the French National Assembly and senior French officials. Ahead of the luncheon, Marape and the Papua New Guinea delegation wer...

Kutubu Secondary School has marked a major milestone with the official handover of three new community infrastructure projects delivered by Santos, representing an investment of nearly K600,000 in education, water and sanitation facilities. The projects were formally handed over by Santos Regional Manager Vagi Tamari at a ceremony held at the school th...

A group of students from Buk bilong Pikinini’s Koki Library Learning Centre recently swapped classroom walls for the deck of a working tugboat, stepping into the world of maritime operations as part of a new partnership between Buk bilong Pikinini (BbP) and Svitzer PNG. The partnership, launched through a K20,000 contribution from Svitzer PNG to suppor...

For many students at Evedahana Primary and Junior High School, the start of Term 2 brought more than just a return to classes — it brought shelves of new stories, learning opportunities, and renewed excitement for reading. Through a partnership between maritime services company Svitzer PNG and literacy-focused nonprofit Buk bilong Pikinini (BbP), 2,000...

Nickel 28 Capital Corp. says updated estimates for the Ramu Nickel-Cobalt operation in Papua New Guinea show higher mineral resources and continued reserve replacement following exploration activities completed in 2025. In a statement, Nickel 28 said updated mineral resource and reserve estimates provided by project operator China Metallurgical Group C...

Kumul Petroleum Holdings Limited says it is seeking to advance smaller gas discoveries toward commercial development as Papua New Guinea moves to position itself within the global energy transition. Speaking at the 41st Australia Papua New Guinea Business Forum and Trade Expo in Brisbane, Kumul Petroleum Chairman Gerea Aopi said Papua New Guinea still ...

Prime Minister James Marape says major road infrastructure developments in West New Britain Province are demonstrating how transport connectivity can stimulate agriculture and broaden economic participation across Papua New Guinea. Speaking after travelling along the improving road corridor linking Kimbe in West New Britain Province and Kokopo in East ...

Prime Minister James Marape says the government’s Connect PNG infrastructure program is intended to transform road networks into “economic corridors” that unlock agriculture and other renewable-sector opportunities across Papua New Guinea. Speaking on the government’s nationwide road connectivity agenda, Marape said roads being developed throughout the...

BSP PNG | BSP says small and medium-sized enterprises (SMEs) need to build capability to take full advantage of the opportunities that will be created through the coming super-cycle of PNG resource projects. Speaking at the 41st Australia Papua New Guinea Business Forum Conference in Brisbane, BSP Head of Business Banking Raymond Logona said building c...

Misima Minerals Limited (Misima Minerals) is committed to working closely with communities on the island. The company, a wholly owned subsidiary of Ok Tedi Mining Limited (Ok Tedi), recently demonstrated this commitment through the delivery of food supplies to the Misima Papua New Guinea Correctional Services (PNGCS) facility. The donation strengthe...