The Mineral Resources Authority (MRA) on behalf of the National Government on Friday Nov 29, 2024, announced a K500,000 credit (loan) support facility, for the women landowner associations of the Wafi Golpu Mining Project. A dummy cheque for this seed capital funding was presented to Mibank, by the Managing Director of the MRA Jerry Garry in Lae. MiBan...

The Papua New Guinea Immigration and Citizenship Services Authority (ICSA) today signed a milestone Memorandum of Understanding (MOU) with the PNG Tourism Promotion Authority (TPA) on mutual co-operation and data sharing that will enable promotion of the tourism sector and immigration services. The signing formally establishes a genuine partnership bet...

The Bank of Papua New Guinea (BPNG) and the Centre for Excellence in Financial Inclusion (CEFI) successfully hosted its inaugural Financial Inclusion Policy Forum and Excellence Awards on Friday November 22 at the APEC Haus in Port Moresby. Speakers at the forum included Governor of the Bank of Papua New Guinea (BPNG) Ms. Elizabeth Genia, BPNG Assistan...

November is Men's Health Awareness Month, and Santos was again proud to join the global community in commemorating the ‘Movember’ campaign and raising awareness of men's health issues. Dr. Suresh Raghunath, an oncology super-specialist and head of the Pacific International Hospital Oncology Unit, who has extensive experience in diagnosing and treating ...

Rocket and Satellite company SpaceX will be speaking and exhibiting its Starlink satellite subsidiary at the 2024 the at the 2024 PNG Investment Week. PNG’s leading investment event, PNG Investment Week will take place from December 6th to 11th in Sydney Australia, the PNG Investment Week program includes sessions on a range of topics covering the reso...

Ok Tedi Mining Limited (OTML) launched the first and largest front wheel loader, a Cat® 995 Large Wheel Loader (LWL), in Papua New Guinea and the second in the Pacific recently in Tabubil The Cat 995 LWL was purchased earlier this year from Hastings Deering, the Caterpillar equipment dealer, to increase production capacity and meet the growing demands ...

For investors looking to do business in Papua New Guinea, a key understanding of the various regulations are crucial in informing their business decisions. With this in mind, PNG’s flagship investment promotion event, the 2024 PNG Investment Week has opted to commence its proceedings with a Regulators Forum. To take place on Day 1 of PNG Investment ...

Prime Minister Hon. James Marape and his ministers of State have recently (19.11.24) met with a business delegation from the United States of America led by US Ambassado to Papua New Guinea, Her Excellency Ann Marie Yastishock. The delegation is headed by Sarah Morgenthau, Special Representative from the Office of Commerce and Business Affairs of the U...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is pleased to announce that for the first time, the Autonomous Bougainville Government (ABG) will feature at the country’s premier international investment event - the 2024 PNG Investment Week. This will see ABG President Hon. Ishmael Toroama headline a session focused on investment oppo...

For service suppliers looking to do business in Papua New Guinea, a key understanding of the needs of various operations across the country’s business sector, including its dynamic mineral resources and energy sectors, is critical in informing their business strategy for trading with PNG businesses but also in investing in PNG operations and employing Pap...

PNG’s flagship investment promotion event, the 2024 PNG Investment Week held in Sydney in early December, is already tracking for a record attendance, with last year’s record figure of 1,300 delegates already exceeded with a month to go. The event, which takes place from December 6th to 11th in Sydney Australia, will provide a platform for PNG business...

Teachers Savings and Loan Society (TISA), headquartered in Port Moresby, is the largest savings and loan society in Papua New Guinea (PNG) and the South Pacific excluding Australia and New Zealand. Established in 1972, TISA began with a simple yet impactful mission: to provide registered teachers of the Department of Education a safe space to save and ...

Ok Tedi Mining Limited (OTML) Managing Director and Chief Executive Officer, Kedi Ilimbit announced a 2024 final dividend payment of PGK250 Million that will be paid in December, bringing the total dividends paid in 2024 to K450 Million. This announcement was made recently at a dinner event hosted to celebrate the Company’s 40th year of production afte...

Mayur Resources Limited is pleased to provide an update on construction activities at Mayur’s Central Lime Project in Papua New Guinea. Mayur continues to make progress at its Central Lime Project, advancing both Stage Two of its wharf and other early construction works. Over recent days, Mayur has taken delivery of essential equipment and materials ut...

The Commonwealth Business Forum (CBF) 2024, held in Apia, Samoa on 23–24 October as part of the Commonwealth Heads of Government (CHOGM) and associated meetings, marked a landmark event as the first such forum of Commonwealth countries hosted by a Pacific country (the last large global conference of comparable proportions held in Samoa was the Small Islan...

Prime Minister Hon. James Marape has congratulated Ok Tedi Mining Limited on its 40th anniversary while noting that the mine – on the verge of closure only a few years ago is now operational for another 25 years. The company held a dinner party on the evening of Thursday, 14 November 2024, in Tabubil to mark the occasion of their 40th anniversary. Alth...