Prime Minister, Hon. James Marape on Tuesday, August 6, 2024, welcomed new Chinese Ambassador to Papua New Guinea, His Excellency Mr Yang Xiaoguang, while commenting on the “great strides” the two countries have made in their bilateral ties in the last five years. Ambassador Yang Xiaoguang paid a courtesy call on the Prime Minister at his office at Sir...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is pleased to announce the 2024 Papua New Guinea (PNG) Investment Week. The event, which will take place from December 6th to 11th, 2024, at the International Convention Centre in Sydney, was officially launched by Prime James Marape. In his remarks, the Prime Minister acknowledged th...

As part of its member engagement activities, staff from PNG Chamber of Resources and Energy (PNG CORE) recently took part in a stakeholder engagement, hosted by ExxonMobil PNG (EMPNG). This advocacy session, facilitated by EMPNG’s Government Affairs team, provided PNG CORE staff with an appreciation of work done by the PNG LNG Project operator, particu...

Ok Tedi Mining Limited (OTML) has signed a road construction contract worth K18.1 million for the Alice Pit to the Border Post Road Project in North Fly District. Funded through the Infrastructure Tax Credit Scheme (ITCS), the 14.55km road will serve as a critical link, connecting local communities to a key PNG-Indonesian border post at Yetetkun in the...

Prime Minister Hon. James Marape, announced on Friday, August 2, 2024, that the State Negotiating Team (SNT) is actively engaged in discussions with Wafi-Golpu mine developers Newmont and Harmony, with the aim of finalising the Mine Development Contract (MDC). This critical step is part of the preparations for the prompt issuance of the Special Mining ...

The Minister for International Trade and Investment, Hon. Richard Maru today announced that the National Executive Council (NEC) in its recent Meeting No: 13/2024 approved, in principle, that the Pacific Marine Industrial Zone (PMIZ) in Madang Province will be developed in two phases. “The Phase 1 of the project will be the establishment of a fishing J...

Prime Minister Hon. James Marape on Thursday, August 1, 2024, lauded the Coffee Industry Corporation Ltd (CICL) for its visionary leadership and strategic planning in advancing Papua New Guinea’s coffee industry. The Prime Minister made these remarks while officially opening CICL’s impressive K10.6 million Coffee Exports Office Complex in Lae. Followin...

Prime Minister Hon. James Marape on Friday, August 2, 2024, presented a K50 million Infrastructure Development Grant (IDG) to Wafi-Golpu landowners and the Morobe Provincial Government. He emphasised that this is not “free” money but funds intended for infrastructure projects in the six impacted areas and the province. This grant is part of the Government...

Since its inception in 2022, the Trukai Smart Farmer Program and its partners have so far trained over 400 participants. Trukai Industries Agriculture team has adopted the irrigated rice farming concept as a sustainable initiative to ensure farmers are introduced to best crop management, quality grain management and pest management systems. Trukai I...

Papua New Guinea (PNG) is set to participate at the World Expo 2025 in Osaka, Kansai, Japan, says the Minister for International Trade and Investment, Hon. Richard Maru in the second inter-agency meeting for Osaka Expo. Initially, the Government whilst approving PNG’s participation at the Expo also approved a funding of K5.6 million for PNG’s overall p...

Minister for International Trade and Investment, Hon. Richard Maru is calling on the local investors to invest in the Sea Park Development Project opposite APEC Haus in Port Moresby. Minister Maru made this call today during the groundbreaking ceremony of the phase one of the project- the Azure Residences. The Sea Park Development Project is a K2.2 bil...

Prime Minister Hon. James Marape announced that the State Negotiating Team (SNT) is engaged in full discussions with Wafi-Golpu mine developers Newmont and Harmony, aiming to finalise the Mine Development Contract (MDC). This step is critical in preparing for the issuance of the Special Mining Lease (SML) as soon as possible. Prime Minister Marape also...

The Centre for Excellence in Financial Inclusion (CEFI) and the Madang Provincial Government (MPG) signed a Memorandum of Understanding(MOU) to introduce financial Inclusion activities in the province. Madang is the first province in the Momase Region and the sixth province to sign a MoU with CEFI, following Milne Bay, West New Britain, Western Highlan...

Despite the operational challenges presented by the recent Mulitaka landslide, Porgera Gold Mine has met or exceeded its targets since resuming mining in December last year, with gold production for the first half of the year above guidance and all-in sustaining costs trending lower. Barrick president and chief executive Mark Bristow, who is in the cou...

Great Pacific Gold Corp. is pleased to announce the appointment of seasoned mining executive Mr. Greg McCunn as Chief Executive Officer and director of the Company. Mr. McCunn, a Professional Engineer, has more than 30 years of experience in the international mining sector and an established track record operationally. Mr. McCunn has worked within larg...

The French Ambassador to Papua New Guinea spoke highly of Franco-PNG relations during the French National Day celebrated in Port Moresby on July 14. French National Day or Bastille Day is celebrated worldwide and in Papua New Guinea saw a grand event held at the Marriott Executive Desk venue, presided over by French Ambassador HE Guillaume Lemoine and ...