Westpac PNG has signed the PNG Empower Finance Code, becoming a founding signatory to the voluntary, principles-based code aimed at strengthening the financial sector’s prevention of and response to financial abuse. Signed at a ceremony in Port Moresby, the code reflects a shared commitment among participating financial institutions to improve financia...

Another year, another exciting opportunity to welcome a new group of young learners to the Hastings Deering Port Moresby Business Centre. As part of Book Week 2026, children from Buk Bilong Pikinini visited our Port Moresby facilities for an educational and engaging tour, giving them a firsthand look at what we do. The children enjoyed an exciting t...

South Pacific Metals Corp has extended the confirmed mineralised strike length of its Megabe prospect in Papua New Guinea to more than 300 metres, with drilling indicating that the structures remain open along strike and at depth. The Vancouver-based explorer said all five holes drilled at its 100%-owned Osena Project, immediately southwest of K92 Mini...

Prime Minister James Marape has outlined a long-term plan to revive PNG Power Ltd through structural reforms, provincial partnerships and partial privatisation, describing the state-owned electricity utility as being in a “terminal” financial and operational condition. Responding in Parliament to a question from West New Britain Governor Sasindran Muth...

Papua New Guinea’s maritime future will depend not only on vessels and infrastructure, but also on the strength of the businesses that support the industry from within. Local capability — spanning technical service, equipment support and operational coordination — will be critical in building a more resilient and efficient maritime economy. This is where ...

The National Superannuation Fund (Nasfund) has signed the PNG Empower Finance Code alongside the Bank of Papua New Guinea (BPNG) and 14 other financial-sector institutions, establishing a unified industry approach to combating financial abuse, coercion and product misuse in Papua New Guinea. The code was signed at the Crown Hotel in Port Moresby, marki...

Tolu Minerals Limited (TML) has recorded a significant improvement in its underground operations following a notable increase in production under new Underground Leadership at the Tolukuma site. The improved performance reflects the continued commitment, teamwork and dedication of the underground workforce, whose efforts have contributed to significant...

Government agencies, humanitarian organizations and development partners have reviewed and endorsed proposed actions under Papua New Guinea’s El Niño Plan of Action for Agricultural Drought 2026-27, as the country prepares for potentially worsening climate-related impacts on food production and rural livelihoods. The national consultation workshop was ...

Hastings Deering PNG showcased its long-standing commitment to Papua New Guinea's resources sector at this year's event, while highlighting the important role skills development and local capability continue to play in supporting the nation's growth. A key highlight for Hastings Deering PNG was an exclusive visit from Prime Minister James Marape ahead ...

BizPrint, a member of the Remington Group, has announced a major investment in the Konica Minolta AccurioPress C12010S, the first digital press of its kind to be installed in the Pacific region. The decision to bring the AccurioPress C12010S to Papua New Guinea reflects BizPrint's position within the Remington Group's technology ecosystem. As part of t...

Ok Tedi Mining Ltd. is maintaining mining and processing operations despite dry weather conditions and lower-than-normal water levels on the Fly River, the company said. Ok Tedi said it is closely monitoring river conditions and has activated contingency measures to maintain the supply of fuel, critical consumables, equipment and other operational requ...

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...