In Bogia, Madang Province, K1.2 million has been set aside for cocoa development. This money came from the PNG Cocoa Board, which contributed K600,000, and the Bogia District Development Authority, which contributed another K600,000. Boto Gaupu, the chief executive officer of the Cocoa Board, stated that they are willing to collaborate with the Bogi...

The government has agreed to continue delivering fresh food and vegetables from Lae to Port Moresby under a memorandum of understanding with Bismarck Maritime Ltd. Commerce and Industry Minister Sam Basil and Bismarck Maritime managing director Hamish Sharp signed the agreement. It comprises a subsidy for fresh food and vegetables to be transported by sea...

PNG Power Ltd's decision to cancel a power purchase agreement (PPA) with PNG Biomass, which was signed six years ago, is immoral, according to Aitape-Lumi MP Patrick Pruaitch. He said that the biomass project was well-conceived and performed, and it would have benefited communities and landowners. He claimed that PNG Power and the government delayed fi...

If Papua New Guinea wants to maintain its economy, resource projects should continue to come online, according to an industry expert. This was said by Chris Chambers, Santos PNG's general manager and a PNG Chamber of Mines and Petroleum council member,  during the chamber's webinar series. He stressed the need for collaboration between the government and ...

The national and provincial governments, as well as the landowners, are all responsible for the success of the "new Porgera" mine, according to Barrick Niugini Ltd (BNL). Before the mine reopened at the end of the year, BNL president and CEO Mark Bristow said unlawful mining and lawlessness in the region needed to be handled. He reminded the inhabitant...

According to Mark Bristow, president and chief executive officer of Barrick Niugini Ltd (BNL), the cost of restarting the Porgera mine is roughly US$300 million (K1.052 billion). Bristow indicated that just caring for the mine cost BNL US$120 million (K421 million) and that restarting mining operations at Porgera would cost another US$180 million (K625 mi...

Prime Minister Hon. James Marape, MP, has assured Porgera Mine landowners in Enga that they will not be left behind in extraction and development of their resources. He gave this assurance when formally handing over the Framework Agreement for reopening of the mine to landowners and the Enga Provincial Government on Friday (June 4th 2021). PM Marape...

Prime Minister Hon.James Marape today visited Porgera accompanied by State Ministers and Government delegates to announce the new Porgera Framework Agreement. The agreement was successfully negotiated with Barrick Niugini Ltd (BNL) in April this year. PM Marape, when handing over the agreement to resume mining operations at Porgera to landowners and...

Photo of: Tasman Samuel, General Manager, Colony Papua New Guinea Colony is a 100% independent, full-service strategic communications agency that had its inception in Asia-Pacific in 2012. So, it’s only befitting that for the first time ever Colony were a Diamond Sponsor of the 36th Australia Papua New Guinea Business Forum and Trade Expo along with K...

Twinza notes the comments regarding the Pasca A Gas Agreement made by the Petroleum Minister, the Hon. Kerenga Kua, in a media release of 25th May 2021. Twinza is currently awaiting a response from the Petroleum Minister as to whether the terms offered to the State, and outlined most recently in the Twinza media release of 19th April 2021 are acceptabl...

Mr. Henray van Vyve, Managing Partner of Meurisse Chocolate NV (right), a Belgian Chocolate manufacturer that uses PNG cocoa beans, presents the Papua New Guinea brand to Ambassador Joshua Kalinoe at the PNG Embassy in Brussels, Belgium. (Photo-courtesy of the Embassy of Papua New Guinea, Brussels, Belgium). A Belgian chocolate manufacturer has include...

Swire Shipping serves the many communities in the Pacific which are directly impacted by global warming. “With many communities at risk of disappearing we must take action to drive change. We are committed to reducing our GHG footprint, ultimately to net zero by, and preferably well before, 2050,” said James Woodrow, Managing Director, The China Naviga...

Photo Credit: Wafi-Golpu Joint Venture   Landowners of Morobe's US$5.4 billion (K18.48 billion) Wafi-Golpu gold and copper project are urging the government to proceed with the project. The landowners of the special mining license 10, who were represented by their presidents from Hengambu, Yanta, and Babuaf, stated the project had been delayed fo...

Even though Papua New Guinea produces oil and gas, making inexpensive energy available remains a difficulty, according to Minister for Petroleum Kerenga Kua. He believes that this is why the Energy Department must adopt a holistic strategy to lowering energy costs by introducing new energy sources such as hydropower, geothermal energy, and wind turbine...

Morobe Governor Ginson Saonu. Photo Credit: PNG Bulletin 2021   The Morobe Government will cooperate with the National Airport Corporation to begin the Aviation in Agriculture and Fisheries initiative on June 18, 2021. A memorandum of agreement will be inked, according to Morobe Governor Ginson Saonu, to obtain a part of the money collected at Na...

Photo Credit: Papua New Guinea Travel According to Gudmundur Fridrikkson, chief executive officer of Paga Hill Development Company, the country can generate US$250 million (K869.60 million) in 18 months if 80 of the 300 cruise ships that pass by are allowed to visit. Fridrikkson stated that the country needs the appropriate products and infrastructu...