The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) has called for ongoing dialogue and greater collaboration among all stakeholders in the alluvial mining industry. PNGEITI emphasised that cooperation is essential to address key challenges within the sector, including non-compliance, under-reporting of mineral production, and env...
The Head of the Japan International Cooperation Agency (JICA) in Papua New Guinea (PNG), Matsuoka Hideaki, has urged the PNG government and its implementing agencies to maintain strong leadership, foster continued cooperation, and ensure that arrangements with donor agencies like JICA are upheld. This is essential to maximise the benefits derived from the...
The Aropa Airport upgrade project is set to move forward following the recent contract signing between the National Airports Corporation (NAC) and China Railway Construction Group Ltd (CRCG Ltd). The signing was witnessed by Autonomous Bougainville Government (ABG) President, His Excellency Ishmael Toroama, and the National Minister for Civil Aviation,...
The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) have agreed on a timebound action plan to accelerate the implementation and enhance the performance of ADB-financed projects, following discussions at the 2024 Country Portfolio Review Mission Roundtable Meeting. The hybrid meeting, co-chaired by ADB Country Director for PNG,...
Ok Tedi Mining Limited (OTML) is celebrating its 40th anniversary of operation, marking four decades of resilience and excellence in the mining industry in Papua New Guinea. Starting in August 1984 as a gold mining operation by Broken Hill Property Limited (BHP), OTML transitioned to a copper-gold mine in 1987. From 2015 to present, OTML is a fully 100...
The National Government, through the Ministry of International Trade and Investment, the Madang Provincial Government, and RD Corporation, have reached an agreement to initiate immediate feasibility studies for the proposed Madang Integrated Special Economic Zone (SEZ) in Vidar, Madang. In discussions recently concluded at the RD Corporation Headquarte...
Santos has announced the signing of a mid-term LNG supply contract with TotalEnergies Gas & Power Asia Private Limited (TotalEnergies). The contract entails the supply of 20 LNG cargoes, or up to approximately 0.5 million tonnes of LNG per annum, over a period of three years plus one quarter. The contract will commence in Q4 2025, with LNG being su...
Prime Minister Hon. James Marape recently delivered a stirring call to action, urging all Papua New Guineans to work relentlessly over the next 20 years, starting in 2025, to transform the nation into a high-income economy and shift from being an exporter of raw resources to a manufacturer. Speaking upon his return from the 79th United Nations General ...
Prime Minister Hon. James Marape has underscored the urgency of finalising the Mine Development Contract (MDC) and issuing the Special Mining Lease (SML) for the Wafi-Golpu Mine in Morobe Province, stressing that time is running out to get this critical project off the ground. During a high-level meeting with the State Negotiating Team, Joint Venture P...
The Weir Group PLC (Weir), a global mining technology leader, has been awarded a £25m contract to provide industry-leading energy efficient, sustainable solutions to the next phase of OCP Group’s Benguerir and Louta greenfield phosphate projects in Morocco. The order will support the continued construction of the Louta project and the trebling of producti...
Alluvial gold miners in the country have the potential to become billionaires if they diversify their ventures, re-invest wisely, and manage their finances effectively, said Mineral Resources Authority Managing Director, Jerry Garry. Mr Garry was speaking at the 6th Alluvial Mining Convention & Trade Show 2024 in Goroka, where over 300 miners, gove...
Prime Minister Hon. James Marape recently delivered Papua New Guinea’s Country Statement at the 79th session of the United Nations General Assembly high-level debate. Speaking along the session theme of ‘Leaving no one behind: Acting together for the advancement of peace, sustainable development, and human dignity for present and future generations’, t...
Prime Minister Hon. James Marape announced that discussions on the Pasca A Gas Project, which aims to develop the Pasca A gas-condensate field located approximately 95km offshore from Gulf Province, are progressing well. The announcement followed a meeting between the Prime Minister, the State Negotiating Team (SNT), and representatives of Twinza, the ...
Prime Minister Hon. James Marape has requested the United Nations secretariat to assist forest nations like Papua New Guinea advocate stronger on forest preservation and climate financing to assist these nations in their development aspirations. The Prime Minister put the special request to United Nations Secretary-General Antoinio Guterres in a bilate...
Weir is an innovative, end-to-end solutions provider focused on accelerating sustainable mining. Exhibiting at this year’s MINExpo, in the Central Hall Booth #8833, Weir will be showcasing its marketing-leading brands and unveiling a range of new innovative technologies and solutions. Weir will launch its ESCO® NEXSYS™ GET Lip System for rope shovel di...
Pacific Towing (‘PacTow’) has been exceptionally busy with salvage projects in its home country, Papua New Guinea. Melanesia’s marine services and salvage market leader performed four salvages across three separate provinces in just two months. The salvages involved international fishing vessels as well as a domestic general cargo vessel. Three of t...
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