Prime Minister James Marape has announced that Papua New Guinea and Australia have agreed on the text of a Mutual Defence Treaty, elevating the two nations’ security partnership to the highest level in their shared history. The Treaty — to be known as the Pukpuk Treaty — will be formally signed after Cabinet processes in both Port Moresby and Canberra....
The Bank of Papua New Guinea (BPNG) and the country’s commercial banks have reached a historic milestone with the signing of a Master Repurchase Agreement (MRA), a development that will transform the operation of Papua New Guinea’s financial system. The MRA establishes a framework that allows commercial banks to borrow and lend to one another—as well a...
When Papua New Guinea celebrates 50 years of independence this September, one business stands out for having journeyed with the nation long before 1975: Remington Group. Established in 1948, Remington began as the country’s typewriter supplier, introducing modern office equipment to government, schools and businesses. Those machines helped lay the foun...
Everyone knows that to be truly independent, you need your own home. But for many, there is the question of whether to buy or build, while for others, housing affordability is a challenge. The answer to both is NiuHomes from PNG Forest Products. With over 30 models to choose from, NiuHomes are PNG’s first choice for quality, affordable kit homes, avail...
Over the past year, PNG Ports Corporation Ltd (PNG Ports) has taken a significant step forward in shaping its leadership for the future. It appointed four exceptional professionals to senior roles, in line with its most ambitious infrastructure programme since the relocation of Port Moresby’s terminals to Motukea and the expansion of Lae Port. The appo...
Weir, a mining technology company, has redesigned its market-leading heavy-duty submersible slurry pump to deliver reliable performance in the harshest slurry environments. Weir has made several design improvements to address the operational challenges miners face in submersible pumping applications. The WARMAN® SHW-XTR heavy-duty submersible slurry...
New Porgera Limited (NPL) continues to invest in the growth and professional development of its people, with a team of eight Employee Development (ED) trainers recently completing the Certificate IV in TAE (40122). The Certificate IV is a nationally recognised Australian qualification that equips trainers with the skills and knowledge to design, delive...
Nambawan Super Limited (NSL) proudly congratulates the Government and people of Papua New Guinea on 50 years of Independence. This Golden Jubilee is a milestone in the nation’s shared journey of growth, resilience and development. For more than five decades, hardworking Papua New Guineans — the Members of Nambawan Super — have been the backbone of the ...
Prime Minister of the Cook Islands Mark Brown met with Papua New Guinea’s Prime Minister James Marape on the margins of PNG’s 50th Independence celebrations on 16 September, reaffirming the strong friendship between the two nations. Prime Minister Brown congratulated Marape and the people of Papua New Guinea on their golden jubilee, recognising PNG’s a...
Geopacific Resources Ltd. (ASX: GPR) has reported encouraging new drilling results from its 100 percent-owned Woodlark Gold Project in Papua New Guinea, including a potential new discovery adjacent to one of the site’s key deposits. The company is midway through a 30,000-metre drilling campaign designed to expand known gold resources and test multiple ...
Papua New Guinea’s government has thrown its weight behind Geopacific Resources Ltd., granting the company more time to develop its flagship Woodlark Gold Project in Milne Bay Province. Mining Minister Rainbo Paita has approved an extension to Condition 7 (ii) of Mining Lease 508, which hosts the project, pushing the deadline to complete construction a...
St Barbara Ltd. is working to steady its footing in Papua New Guinea as the gold miner juggles a long-awaited mining lease renewal and a complex tax reassessment — two issues with big implications for the future of its Simberi operations. The Australian-listed company confirmed that Papua New Guinea’s Mining Minister Rainbo Paita has received formal do...
Frieda River Ltd. (FRL) is celebrating Papua New Guinea’s 50th year of independence, congratulating the people and government on this historic milestone. FRL reaffirmed its commitment to work with communities, stakeholders, and the government to advance the nation-building Sepik Development Project (SDP). The company is awaiting environmental permits ...
Asian Development Bank (ADB) President Masato Kanda met with Papua New Guinea (PNG) Prime Minister James Marape to mark the country’s 50th anniversary of independence and reaffirm ADB’s role in driving connectivity and inclusive growth. He will also meet with Treasurer Ian Ling-Stuckey and other senior officials. During the meeting, Kanda highlighted A...
Prime Minister James Marape has recently inaugurated the Tabubil–Telefomin Highway, the first road to ever reach Telefomin District, long regarded as one of the country’s most isolated areas. The highway, built under the Connect PNG programme and funded through the Ok Tedi Mining Ltd. (OTML) Tax Credit Scheme, was opened to scenes of celebration as th...
Fifty years after Papua New Guinea’s flag first rose on Independence Hill, thousands of citizens, leaders and international partners gathered at the same site on 16 September to commemorate the country’s Golden Jubilee. At the heart of the ceremony was Prime Minister James Marape’s call for unity, honesty and renewed service as PNG enters its next half...
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