The Papua New Guinea Chamber of Resources & Energy (PNG CORE) successfully hosted a media briefing on Benefit Sharing Agreements in collaboration with ABC International Development - Media Development Initiative, PNG (ABC-MDI) on Friday, March 7, 2025, in Port Moresby. This media briefing provided valuable insights on Benefit Sharing Agreements (BS...
Papua New Guinea’s PNGX Group Limited (“PNGX Group”) and Fiji’s South Pacific Stock Exchange Pte Limited (“SPX”) have together released a Request For Proposal (“RFP”) for an integrated Trading Platform and Central Securities Depository solution for the Pacific stock exchanges. The release of the RFP follows PNGX and SPX entering into a Memorandum of Un...
The PNG Chamber of Resources & Energy (PNG CORE), in collaboration with the Mineral Resources Authority (MRA), participated in the 2025 Prospectors & Developers’ Association of Canada (PDAC) convention, held in Toronto, Canada, from March 2-5. PDAC is the world's largest mining conference, attracting over 27,000 delegates and featuring more tha...
Parliament recently (12.03.25) passed two laws for the establishment and operation of the National Petroleum Authority (NPA), a new body that will take over as the regulator of the petroleum sector in the country. The National Petroleum Bill 2025 was voted 84 to 0 into law, while the Oil and Gas Act Amendment Bill 2025 was passed on voices. Both bills ...
Sago Network announces the appointment of Mr Douveri Henao as Patron for the community development organisation which has a focus on improving the health of PNG’s villages through water, sanitation and hygiene programmes. This announcement is made after Mr Henao officially agreed to the 2-year role on 25th February 2025. Sago Network’s board of directo...
In a significant step toward improving early childhood education in Papua New Guinea, a brand-new Early Library Learning Central has officially opened through the generous support of Lae Biscuit Company Ltd through its charity arm, The Chow Foundation, in partnership with Buk Bilong Pikinini. This initiative aims to provide young children with access t...
Papua New Guinea’s mineral exploration and mining sectors are once again on display at the Prospectors & Developers’ Association of Canada (PDAC) 2025 convention, in Toronto Canada, this week (March 2-5). The PDAC is the world’s premier mineral exploration and mining convention, that attracts about 30, 000 attendess from over 130 countries annually...
Westpac is proud to reaffirm its position as a pioneer in financial services across the Pacific by continuing its long-standing partnership with Verifone, a global leader in payment technology. This partnership, established in 2016, underscores Westpac's commitment to delivering innovative and efficient payment solutions to businesses in Papua New Guinea....
Prime Minister Hon. James Marape has issued a strong call to action for Papua New Guinea’s agriculture sector, urging an immediate shift from subsistence farming to commercial agriculture as a means of driving economic growth, job creation, and national self-sufficiency. Speaking after a high-level meeting with agricultural leaders and key stakeholders...
Prime Minister Hon. James Marape has commended the Ministry of Coffee, Ministry of Livestock, and Ministry of Oil Palm for their outstanding performance in 2024, highlighting their contributions to economic growth, rural development, and Papua New Guinea’s agriculture sector. Speaking after a meeting with Agriculture Minister Hon. John Boito, Coffee Mi...
Ok Tedi Mining Limited’s (OTML) Senior Aquatic Ecologist, Gilton Alimaka, recently participated in an intensive 24-day training in Perth Western Australia, conducted by Sustainable Leaders in Resources (SLR) Consulting. The training was focused on laboratory processing, taxonomic identification, and statistical methods for assessing aquatic organisms (...
Ok Tedi Mining Limited (OTML) has launched its University Talent Management (UTM) Application, designed to streamline the process for students intending to participate in OTML’s University Internship Program. This new application managed by OTML’s Training & Capability Development (T&CD) Department, aims to enhance the management of the Univers...
Ok Tedi Mining Limited (OTML) progressed its Community Mine Continuation Agreement (CMCA) Review Extension Process on February 17th 2025 with the continuation of its scheduled Regional Meeting #3 in Tabubil, Kiunga and Daru concurrently. The first week of the Regional Meetings #3 featured Lower Ok Tedi leaders in Tabubil, Suki Fly Gogo leaders in Kiung...
Digicel PNG recently announced a major milestone in its mission to enhance connectivity across Papua New Guinea. Since April 2022, Digicel PNG has significantly expanded its network, reaching all 21 provinces and the Autonomous Region of Bougainville, enabling more Papua New Guineans to get connected. Over the past two years, Digicel PNG has built 115 ...
Steamships Limited is proud to announce its continued support as a Gold Sponsor of the Hiri Moale Festival, scheduled to take place from April 3-6th 2025. The company has again pledged K100,000.00 to assist in the celebration of this iconic cultural event in the Capital City. The Hiri Moale Festival is an annual celebration that honours the rich herita...
Weir has entered into a binding agreement to acquire Mining Software Holdings Pty Ltd (“Micromine”), a company based in Perth, Australia, for a sterling equivalent enterprise value of £657m1 (A$1,310m). Micromine is a top-tier global software provider to the mining industry, with comprehensive solutions across the upstream mining value chain. It supports ...
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