Papua New Guinea and Solomon Islands are seeking to deepen economic cooperation, increase cross-border investment and develop stronger business-to-business partnerships as the two Melanesian neighbours work to translate longstanding political ties into economic gains. PNG Prime Minister James Marape made the call during the inaugural Papua New Guinea-S...

Papua New Guinea has launched a revised manual for the seismic design of bridges, updating earthquake risk information and engineering requirements for the planning, design and construction of bridges across the country. The Seismic Design Manual for Bridges in Papua New Guinea 2025 Revision was launched Aug. 13 in Port Moresby by Department of Works a...

The Centre for Excellence in Financial Inclusion (CEFI) and Credit Guarantee Corporation PNG (CGC) have signed a memorandum of understanding to strengthen financial literacy, business capability and access to finance for micro, small and medium-sized enterprises across Papua New Guinea. The agreement formalizes an existing partnership between the two o...

Great Pacific Gold Corp. has expanded the interpreted footprint of two high-grade gold vein systems at its Wild Dog Project in East New Britain following new mapping and channel-sampling results. The company said its latest work at the Elamaraka and Kargalio vein systems had identified additional mineralized quartz-sulphide veins beyond historically ma...

PORT MORESBY, Papua New Guinea — Production of contained nickel at the Ramu Nickel-Cobalt operation in Papua New Guinea fell 4% in the second quarter of 2026, while nickel and cobalt sales increased and prices strengthened, according to Nickel 28 Capital Corp. Ramu produced 8,234 tonnes of contained nickel in mixed hydroxide precipitate (MHP) in the th...

Papua New Guinea’s economy has entered the second half of 2026 in a stronger position than expected at the start of the year, supported by elevated commodity prices, increased resource-sector activity and continued economic reforms, according to Westpac’s latest WAILIS PNG Economic Update and Outlook. The report said PNG’s macroeconomic outlook remaine...

For more than two decades, CE Group has delivered complex electrical and engineering projects across Australia and the Pacific, building a reputation for providing practical, end-to-end engineering solutions in some of the region's most challenging operating environments. From major mining operations and hospitals to water infrastructure and renewable ene...

Kumul Petroleum Holdings Limited (KPHL) has welcomed progress on the new Cancer Treatment Facility and Kumul Petroleum National Heart Centre at Port Moresby General Hospital, while ordering a review of the stalled Surgical Ward project. The KPHL Board inspected the facilities during a site visit facilitated by PMGH Chief Executive Officer Paki Molume a...

New Porgera Limited (NPL) has launched a new legal scholarship aimed at developing the next generation of commercial lawyers in Papua New Guinea. The New Porgera Ltd Legal Scholarship was officially launched at the University of Papua New Guinea’s School of Law by NPL Country Manager Karo Maha and Deputy Dean of Planning Sumasy Singin. The programme...

The National Superannuation Fund (Nasfund) has surpassed K10 billion in net asset value (NAV) for the first time. As of June 30, 2026, the fund’s net assets stood at K10.25 billion, up from K9.45 billion at the end of 2025. Nasfund Chief Executive Officer Rajeev Sharma said the milestone reflected the fund’s prudent financial management, strong gove...

Byrnecut, one of the world’s leading underground mining contractors, has invested in a fleet of 20 Sandvik underground drills, loaders and trucks and five raise boring systems to support its operations across Australia, Canada, West Africa and Southern Africa. Byrnecut’s latest investment includes four Sandvik DD422i development drills, four Toro® LH62...

The Autonomous Bougainville Government is strengthening the capacity of local contractors to meet government tendering, procurement and contract management requirements through a two-day conference in Buka early August. The Local Contractors Conference, organized by the ABG Department of Infrastructure and Utilities in partnership with the Australian g...

Prime Minister James Marape will travel to Honiara this week for the inaugural Papua New Guinea-Solomon Islands Investment Conference, seeking to translate the two countries' longstanding political and cultural ties into greater trade, investment and employment opportunities. The conference will be held at Heritage Park Hotel on Aug. 19-20 under the th...

Grade 12 science students from Kokopo Technical Secondary School gained firsthand exposure to aviation engineering during an educational visit to Tokua Airport in Rabaul, where Air Niugini engineers were replacing an engine on a Fokker 70 aircraft. The visit was organized as part of the school's Science and Technology learning program and gave students...

K92 Mining Inc. has appointed President and Chief Operating Officer David Medilek as chief executive officer and director, succeeding John Lewins as the company prepares for its next phase of growth at the Kainantu Gold Mine in Papua New Guinea. The leadership transition will take effect on Oct. 1, 2026, with Lewins stepping down as CEO to become non-e...

The Papua New Guinea Tourism Promotion Authority (PNGTPA) is moving to revive a dormant ferry in Port Moresby Harbour as part of efforts to expand marine tourism, develop new tourism products and unlock greater economic value from the capital's coastline. PNGTPA has partnered with Happy Soles Ltd. and Marine Contract Management to operate and manage th...

K92 Mining Inc. has committed PGK3 million in in-kind assistance to support Papua New Guinea government's response to El Niño-related impacts across Eastern Highlands and Morobe provinces and Usino-Bundi District in Madang Province. The assistance will target communities affected by prolonged dry conditions, water shortages, crop losses, food insecurit...

Papua New Guinea's petroleum sector has taken another step towards expanding local participation in the country's growing gas industry, with Petroleum Minister Jimmy Maladina approving the National Content Plan (NCP) for the Pasca A Gas Project. Maladina approved the plan following a technical review and compliance assessment by the National Petroleum ...

All Pacific Islands Forum (PIF) members are now connected to undersea telecommunications cables for the first time, marking a significant milestone for the region's digital infrastructure and opening new opportunities for trade, investment and economic participation. Australia announced on August 7 that it had helped deliver more than 10,300 kilometres...

Papua New Guinea’s agriculture sector is strengthening efforts to expand domestic and international market opportunities, with about 30 agriculture professionals taking part in an Australia Awards Short Course focused on agricultural trade, supply chains and export systems. Announced on Aug. 13 and supported by Australia Awards, the initiative aims to ...

Papua New Guinea and Australia are moving to translate their new defence alliance into practical programs that could have long-term implications for PNG's workforce, infrastructure, skills development and economic activity. The focus emerged from a high-level meeting in Port Moresby on Aug. 16 between Australia's Deputy Prime Minister and Minister for ...

Papua New Guinea's Mining Minister Solen Loifa has cleared the way for the revised Community Development Agreement (CDA) for the Hidden Valley Mining Project to be signed, saying concerns raised by Bulolo MP Sam Basil Jr. do not warrant any further delay. Loifa said the concerns had been assessed against applicable laws, government policies, administra...

The Papua New Guinea Tourism Promotion Authority has urged communities, government agencies and tourism stakeholders in Enga province to strengthen cooperation to preserve cultural heritage and unlock the province’s tourism potential. Speaking at the opening of the 2026 Enga Cultural Show at Aipus Oval in Wabag on Aug. 7, PNGTPA chief executive Eric Mo...

Papua New Guinea has inaugurated upgraded cocoa processing and chocolate-making capacity at Paradise Foods Ltd.’s Queen Emma Chocolate factory in Port Moresby, strengthening the country’s ability to process cocoa locally and supply higher-value products to overseas markets. The upgraded facility includes 12 types of new machinery worth US$2.8 million, ...