Autonomous Bougainville Government President Ishmael Toroama has proposed the creation of a mining reserve in the Eivo–Torau–Torokina region, aiming to control licence activity and prioritise development of the Panguna project. The proposal, issued through the Bougainville Mining Advisory Council, covers about 465 square kilometres and is intended to g...
Papua New Guinea’s acting ICT minister Peter Tsiamalili Jr. has ordered sweeping reforms at the National Information and Communications Technology Authority after audit findings revealed significant weaknesses in financial management and governance. The minister said the Auditor-General issued a qualified opinion on NICTA’s 2019 financial statements, c...
Prime Minister James Marape said the government will review the unresolved 4.27% equity in the PNG LNG project, signalling a broader reset of benefit-sharing arrangements to improve returns for landowners and provincial governments. Responding in parliament to Komo-Hulia MP Daniel Tindipu, Marape said the equity component—linked to agreements struck be...
Prime Minister James Marape said the government is pressing ahead with the Wafi-Golpu and Papua LNG projects while seeking to secure a larger share of economic benefits for Papua New Guinea, rejecting claims of delays. Responding in parliament to Bulolo MP Sam Basil Jr, Marape said ongoing negotiations are aimed at improving returns for the state and l...
Great Pacific Gold Corp. reported new drilling results from the Kavasuki target at its Wild Dog project in Papua New Guinea, including an intercept of 38.4 metres at 2.23 grams per tonne gold equivalent. The results, from drill hole KVH-03 at the Sinivit–Kavasuki trend within the Wild Dog Project, include higher-grade zones of 2.23 metres at 10.31 g/t ...
Prime Minister James Marape said Papua New Guinea’s economy is strengthening, citing a sharp increase in government revenue over the past seven years, and reiterated that the government will not enter into resource agreements that undervalue national assets. Marape pointed to verified data showing that tax revenue has nearly doubled since 2018, the las...
Great Pacific Gold Corp. said it plans to raise up to $15.04m through a public offering to support its gold-copper exploration projects in Papua New Guinea and for general corporate purposes. The Vancouver-based company has entered into an agreement with Haywood Securities Inc., acting on behalf of a syndicate of agents, to offer up to 32 million units...
Prime Minister James Marape has called for carefully planned and inclusive urbanisation across Papua New Guinea and the Pacific, stressing that cities must be designed to improve quality of life rather than become centres of congestion and inequality. Delivering the keynote address at the Pacific Urban Forum in Port Moresby, Marape said Papua New Guine...
ABG President and Minister for Mining Ishmael Toroama provided an update to Parliament on the progress of the Panguna Project, outlining key developments in governance, stakeholder engagement and legislative reforms. “The Panguna Project remains a priority for Bougainville’s economic independence and continues to be progressed in a careful, lawful and ...
ABG President and Minister for Mining Ishmael Toroama outlined key legislative reforms to strengthen governance of the mining sector during his address to Parliament. The reforms form part of the ABG’s broader efforts to ensure that resource development in Bougainville is undertaken in a safe, responsible and internationally compliant manner, while sup...
At the heart of Port Moresby General Hospital, one of Papua New Guinea’s busiest and most critical healthcare institutions, a quiet but powerful movement has been transforming patient care and operational needs. Friends of Pomgen (FOPG) has emerged as one of the country’s most recognised charity initiatives, supporting hospital patients and frontline w...
Positioned at the heart of Papua New Guinea’s most important trade gateway, Lae Industrial Park is redefining what is possible for industry, logistics and export-oriented investment in the country. Strategically located directly beside Lae Port – PNG’s busiest international port – the precinct provides businesses with a rare opportunity to establish opera...
The International Fund for Agricultural Development (IFAD) has joined the Government of Papua New Guinea and multilateral partners in launching the AgriConnect Project, an initiative aimed at transforming the country’s agri-food sector and strengthening rural livelihoods. The project, unveiled in Goroka on 3 March, is co-financed by IFAD alongside the ...
TISA Bank Limited and Crown Hotel Port Moresby have formalised a new strategic partnership with the signing of a Memorandum of Understanding (MOU) aimed at delivering exclusive hospitality discounts and enhanced digital payment services to TISA Bank customers and TISA Group employees. Under the two-year agreement, Crown Hotel will offer substantial dis...
Papua New Guinea’s National Parliament has launched an electronic funds transfer (EFT) system, marking a key step in modernising its financial operations and improving institutional service delivery. The rollout forms part of broader public finance reforms led by the Department of Finance, in collaboration with the National Payment Commission and the B...
Prime Minister James Marape on 9 March 2026 officially opened 35 newly constructed permanent bridges along the Highlands Highway, describing the country’s most important transport corridor as the backbone of Papua New Guinea’s economy. The ribbon-cutting ceremony took place at Zumim Bridge in Markham District, marking the completion of the first major ...
Follow on LinkedIn:
Be the "First" to get our exclusive Digital Magazine & Weekly Newsletter.
Our website uses cookies. By continuing to use this website, you are providing consent to our use of cookies.