Adyton Resources Corporation has reported a stronger financial position and continued progress across its Papua New Guinea portfolio following the filing of its audited financial statements and management discussion and analysis (MD&A) for the year ended December 31, 2025. The company said it completed a C$20 million financing during the year, bols...
Newly appointed Kumul Petroleum Holdings Limited director Isaac Lupari has inspected two major company projects, citing strong progress as the state-owned firm advances infrastructure tied to the country’s energy security and petroleum sector development. Lupari on 2 May visited the Motukea Fuel Facility and the Caution Bay Training and Fabrication Fac...
Papua New Guinea has only four fully licensed Special Economic Zones, with several projects still awaiting regulatory clearance despite receiving in-principle approval, according to International Trade and Investment Minister Richard Maru. The licensed zones are Paga Hill, Sea Park, Pacific Lime and Cement, and the PNG Trade Centre, Maru said, emphasiz...
Dentons has strengthened its disputes capability in Papua New Guinea with the promotion of Gertrude Tamade to litigation partner in its local office. Tamade, a senior litigation lawyer with more than 20 years of experience, advises on complex commercial and civil matters. Her appointment is expected to enhance the firm’s capacity to support clients nav...
Remington Hi-Tek, a key business unit of the Remington Group, has announced its support for the 2nd PNG Media Summit 2026, reinforcing its commitment to technological advancement and local industry growth. Remington has pledged K3,000 in Hi-Tek vouchers to be used throughout the event. This sponsorship marks the second consecutive year of Remington’...
Augustus Minerals is expanding its footprint across Papua New Guinea’s gold sector through licence applications and a strategic position in the approval queue for the Mount Kare Gold Project, while advancing early-stage drilling at its Music Well Gold Project in Western Australia. The company’s dual-track strategy reflects a balance between near-term ...
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has welcomed the Government’s decision to grant an operator’s licence to Starlink, describing the move as a significant step towards improving nationwide connectivity. PNG CORE president Anthony Smaré said the licensing, issued through the National Information and Communications Technolo...
Pacific Lime and Cement Ltd. said construction of its Central Lime Project in Papua New Guinea has moved into the civil, foundation and structural phase, with the company maintaining its timeline for first production in early 2027. In a disclosure dated April 30, the ASX- and PNGX-listed firm said key infrastructure and critical-path activities progres...
Geopacific Resources Limited said its Woodlark Gold Project in Papua New Guinea is advancing towards development readiness, with a definitive feasibility study (DFS) due for completion in May 2026 and key regulatory approvals secured. In its quarterly activities report for the period ended March 31, the company said the DFS is in its final review stage...
Prime Minister James Marape has reaffirmed Papua New Guinea’s strategic ties with China, calling for faster progress on the Frieda River mining project while seeking to significantly expand agricultural cooperation through Juncao technology during high-level engagements in Guangzhou. During talks with executives of Guangdong Rising Holdings Group, Mara...
Papua New Guinea has taken a decisive step towards the commercial rollout of Starlink services after a National Court ruling cleared legal barriers, while the sector regulator confirmed it has issued operator licences and senior officials called for coordinated implementation across government. Prime Minister James Marape welcomed the court’s decision,...
The Sepik Development Project (SDP) continues to record strong progress in stakeholder engagement while expanding employment opportunities for Papua New Guineans, with a clear focus on benefiting communities in the Sepik region. Project representatives from the community affairs team, whose dedicated role is to meet with and listen to local communities...
TISA Bank and Brian Bell are pleased to announce the signing of a Memorandum of Understanding to explore and develop financing solutions that support the adoption of green and blue products across Papua New Guinea. The partnership brings together two proudly home-grown PNG institutions with more than 50 years of history, service, and commitment to the ...
Sandvik Mining is continuing to strengthen its presence in Papua New Guinea (PNG), reinforcing its long-term commitment to supporting the country’s growing mining industry through expanded facilities, increased operational capacity, enhanced logistics, and continued investment in people and local capability. Sandvik has operated a local entity in PNG f...
More than 70 employees at the University of Papua New Guinea (UPNG) formed the first cohort to complete a series of Financial Basics for My Business sessions delivered by Westpac PNG in March, as part of the bank’s ongoing commitment to building financial capability across Papua New Guinea’s workforce and communities. Delivered over three days during t...
Following a landslide in March that caused significant damage to road infrastructure and homes in Lumi, West Sepik Province, local businesses have stepped forward to support the Sandaun Provincial Administration’s efforts to restore critical services. In response to an invitation to assist, Frieda River Limited (FRL) has provided vital support to affec...
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