Prime Minister Hon. James Marape has commended the United States of America and the People’s Republic of China for their pledges to work together with the nations of the Pacific. Prime Minister Marape made these remarks following statements issued at the 53rd Pacific Islands Forum (PIF) Leaders Meeting by US Deputy Secretary of State Dr Kurt Campbell a...

Ok Tedi Mining Limited (OTML) is pleased to announce the extension of its contract with landowner company Fubilan Catering Services (FCS) for an additional five years, valued at US$116 million (K420 million). This extension will allow FCS to continue provide catering services to the mine operations and FIFO camp in Tabubil. Under the renewed contrac...

 The PNG Extractive Industries Transparency Initiative (PNGEITI) has called on companies operating in the extractive sector to honour their commitments to the EITI process by being transparent in all areas of their operations, including their obligation to pay taxes to the government. The Executive Director of the PNGEITI National Secretariat, Lucas Al...

As the pandemic recedes and gradually fades from people’s memories, travel in the Pacific is rebounding. However, the Pacific’s travel recovery is highly variable. Comparing visitor arrivals in 2023 with those in 2019 (Figure 1 below), it looks like Vanuatu is the biggest winner, but this is misleading. Vanuatu has experienced a surge in cruise tourism...

Deputy Prime Minister Hon. John Rosso led a small Papua New Guinea delegation on Monday, August 19, 2024, to a significant meeting with the management of the Java Integrated Industrial and Ports Estate (JIIPE) Special Economic Zone in Gresik, Surabaya, Indonesia. This visit is part of a broader series of engagements aimed at attracting trade and investmen...

The Indonesia Government has proposed that Indonesia and Papua New Guinea (PNG) establish a high-level Dialogue Cooperation Committe to meet every six months to drive the agenda of growing trade and investment, and all cooperation between the two countries. Minister for International Trade and Investment, Hon. Richard Maru said: "This committee will pr...

The Centre for Excellence in Financial Inclusion (CEFI) and the SME Corporation (SMEC) will work in partnership together in advancing financial inclusion in Papua New Guinea following a Memorandum of Understanding (MoU). CEFI Executive Director Mr. Saliya Ranasigne and SMEC Managing Director Mr. Petrus Ralda signed a MoU on Tuesday August 13 at the SME...

A very warm exchange took place between Prime Minister Hon. James Marape and Indonesia’s President-elect, Prabowo Subianto when the two met recently during the president’s 5-hour stop over visit in Port Moresby. Prime Minister Marape met the Indonesian leader at Jacksons International Airport to welcome him to Papua New Guinea, and later in a bilateral...

The Papua New Guinea Tourism Promotion Authority (TPA) officially launched the Enga Cultural Festival on Friday 9th August in Wabag, Enga Province. The festival, renowned for celebrating the rich culture of Enga Province, marked a significant milestone this year with its 30th Anniversary. Honourable Sir Peter Ipatas, Governor of Enga Province, expre...

The 26 trainee apprentices that recently joined the Ok Tedi Mining Limited’s (OTML) apprenticeship training programme for 2024 have successfully signed their indenture contracts with the company and the National Apprenticeship Trade Testing Board (NATTB) on July 24th in Tabubil. OTML Manager for Training Capability & Development Ian Strachan encour...

Ok Tedi Mining Limited (OTML) hosted a delegation from the East Sepik Provincial Administration on a fact-finding mission to gain insights from the Ok Tedi operations to prepare for the upcoming Frieda River Project in the Sepik Region. The delegation from the Provincial Administration Mining Desk Team, visited from the 11th – 16th August, to understan...

A state team recently conducted a pre-Community Development Agreement (CDA) awareness program in Lae, involving parties to the Wafi Golpu mining project CDA. The parties are Yanta, Hengambu, Babuaf, Wampar, Butibam, Wagang, Morobe Provincial Government and host Local Level Governments. The consultation program was aimed at educating the parties who ...

The first call-off order of £26m, which includes both ENDURON® large format High Pressure Grinding Rolls (HPGR) and wet screens, will be recognised in Q3 with the remaining orders booked later in 2024 and early 2025. The Weir Group PLC (Weir), a global mining technology leader, has been awarded a £53m contract to provide industry-leading energy efficie...

Weir, a global leader in mining technology, has been awarded the contract to supply a large ø2.4m x 2.25m Enduron® HPGR (high-pressure grinding rolls) for De Grey Mining’s flagship Hemi Gold Project in the Pilbara region in Western Australia. Hemi has a mineral estimate of 10.5Moz and at full capacity, the processing plant will have a nameplate through...

Mayur Resources is pleased to provide an update on Stage 2 wharf development at the Central Cement and Lime Project in Papua New Guinea. Mayur Resources Managing Director Paul Mulder said the wharf development was a critical piece of work enabling marine infrastructure for both PNG, and the Company’s future plans. “Dedicated wharf facilities are str...

The Pacific is projected to grow by 3.3% in 2024 and 4.0% in 2025, but the need to build resilience continues, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched today. This growth is largely driven by the recovery of resource extraction in Papua New Guinea, the subregion’s largest economy. Stabl...