Photo credit: PNGEITI - Porgera Mine Barrick Chief Executive Mark Bristow, in PNG for quarterly operational reviews, said that the incorporation of New Porgera Limited (NPL) on 22nd September, following execution of the New Porgera Shareholders Agreement by Barrick (Niugini) Limited, Kumul Mineral Holdings Limited and Mineral Resources Enga, marked an ...

Photo credit: K92 Mining K92 has announced a strong production result for the third quarter of 2022. John Lewins, K92 Chief Executive Officer and Director, stated, “In the third quarter, Kainantu delivered one of our most complete quarters to date and marked another important step forward in expanding operations with near-record production and multi...

Photo credit: China Daily According to an official, the governments of China and Papua New Guinea are collaborating on a feasibility assessment for a prospective bilateral free trade agreement (FTA). According to a representative for the Chinese embassy, the FTA may help to increase bilateral commerce, particularly in the food and agriculture sector...

Photo: (L-R) Deputy Controller National Pandemic Response Dr. Daoni Esorom, Minister for Tourism Arts & Culture Hon. Isi Henry Leonard, PNGTPA CEO Mr. Eric Mossman Uvovo. Credit: PNGTPA Tourism Promotion Authority has announced the re-opening of Cruise Tourism into the country. Chief executive officer Eric Mossman Uvovo said that the cruise tourism...

Photo credit: Paga Hill For the country to produce more cocoa, there has to be more cooperation between the provincial administrations and the local cocoa farmers. The partnership is the only way to forward the work, according to Albert Nukuitu, chairman of the Papua New Guinea Cocoa Board. He stated that the PNG Cocoa Board is committed to such ...

A potential large-scale rice farming company in the Philippines will be sending a delegation to Papua New Guinea in November this year to evaluate the country’s potential for large-scale rice farming in Central Province. Richard Maru, the minister for international trade and investment, emphasised this as one of his accomplishment goals during a recent...

Photo: International Trade and Investment Minister Richard Maru (left), PM Marape and East Sepik Governor Allan Bird meeting with executives of leading Japanese company Sojitz Corporation in Tokyo Department of International Trade and Investment will be a “one-stop shop” for all large foreign investments in Papua New Guinea, according to Prime Minister...

Photo credit: PNGEITI An undertaking by state owned Kumul Petroleum Holdings Limited (KPHL) to increase its PNGLNG equity through a conditional arrangement between PNGLNG partner Santos has raised concerns over the lack of transparency surrounding the whole arrangement and the partial financial transaction that already took place between the parties in...

Photo credit: European Union The Delegation of the European Union in Papua New Guinea, the PNG National Trade Office, PNG Investment Promotion Authority, Department of Commerce and Industry and the PNG-Europe Business Council hosted a joint Press Conference at Lamana Hotel on the 3rd of October 2022 regarding the Third EU - PNG Trade, Business and Inve...

Photo: PM Marape and the PNG team in discussion with Dr Kobayashi in Tokyo Prime Minister Hon. James Marape has given the green lights to Japanese think tank Japan Development Institute (JDI) to help develop a new Special Economic Zone (SEZ) Master Plan for the country and work with partners like the Asian Development Bank (ADB), Japan International Co...

Photo: PM Marape in discussion with LNG Japan Corporation President and CEO, Kyo Onojima, in Tokyo. Prime Minister Hon. James Marape has told the LNG Japan Corporation that Papua New Guinea has about 20-trillion cubic feet (TCF) in stranded gas fields, apart from the major LNG projects, waiting to be developed. He said this in Tokyo on Tuesday (Sept...

Photo: The PNG and JX Nippon Oil & Gas Exploration delegations after their meeting in Tokyo. Prime Minister Hon. James Marape has encouraged major Japanese company JX Nippon Oil & Gas Exploration, which already has a 4.7 per cent stake in the PNG LNG Project, to also participate in upstream and downstream of Papua LNG (Gulf), P’nyang LNG (Weste...

Photo: PM Marape and the PNG delegation (left) meeting with Sojitz Corporation President and CEO Masayoshi Fujimoto and his team in Tokyo. Prime Minister Hon. James Marape has invited leading Japanese company Sojitz Corporation into the upstream and downstream processing of liquefied natural gas (LNG) in Papua New Guinea. He made the invitation to S...

Photo: PM Marape meeting with Japanese PM Kishida in Tokyo Prime Minister Hon. James Marape says he is privileged to have met Japanese Prime Minister Hon. Fumio Kishida in Tokyo today (Tuesday, September 27, 2022) before the state funeral of former Prime Minister Shinzo Abe. PM Marape, one of many world leaders attending Abe’s funeral, had a bilater...

Photo credit: Porgera Joint Venture Facebook Page Barrick Niugini Limited (BNL) is pleased to announce the appointment of Ms Karo Maha-Lelai as Country Manager for Papua New Guinea Operations. Ms Maha-Lelai is a lawyer by profession and has over 23 years of experience in the petroleum and mining industry. She previously held executive positions with...

Coral Sea Hotels & Hospitality is in growth mode, part of this includes changes to the Coral Sea Hotels. Papua New Guineans are familiar with the Coral Sea Hotel offering of ENZO’s Pizza. ENZO’s has traditionally been a feature offering of Coral Sea Hotels, however as the business grows there are changes taking place to accommodate this growth. “Th...