Misima Minerals Limited, a subsidiary of Ok Tedi Mining Limited, has taken a major step forward in the redevelopment of the Misima Project with the successful arrival of a vessel carrying the first machinery and equipment to commence work on Misima Island on 23 February 2026. The arrival of the initial mobile equipment fleet — comprising earth-moving m...

The Asian Development Bank (ADB) has approved a $60.9 million loan to improve water supply and sanitation in urban communities in Port Moresby and Vanimo, Papua New Guinea (PNG). ADB’s financing includes a $30 million regular ordinary capital resources loan and a $30.9 million concessional ordinary capital resources loan. The Government of PNG will pro...

Great Pacific Gold Corp. has mobilised a second diamond drill rig to its flagship Wild Dog Project in Papua New Guinea, with drilling now under way at the Kasie Ridge epithermal gold-copper target. The Canadian-listed company said the second rig has commenced drilling at Kasie Ridge, marking the first drill programme ever undertaken at the prospect, lo...

The Chief Executive Officer of the National Superannuation Fund (Nasfund), Rajeev Sharma, on 20 February announced the appointment of Christopher Elphick as Chairman of the Nasfund Board of Directors, effective January 2026. Sharma said, “On behalf of the Fund, I am pleased to announce the appointment of Christopher Elphick as Chairman of the Board. Ch...

Pacific Towing (PacTow), a leading provider of marine services in the Pacific region, has significantly enhanced its towage capability in the Solomon Islands with the return of Tug Kavachi following a major dry-docking and refurbishment program in Singapore valued at SBD 8 million. Tug Kavachi, a Solomon Islands-flagged vessel managed and operated by a...

A 100-kilowatt solar mini-grid has been commissioned at Kanabea Rural Health Centre in Gulf Province, delivering round-the-clock electricity to one of the country’s most isolated communities after a logistics operation that required 31 helicopter lifts and nearly 22 tonnes of equipment. Operational since September 2025, the system powers the rural heal...

OFC Tech Solutions welcomes Colin Edgar, a representative of its global partner Enghouse Interactive, for a strategic partner visit aimed at strengthening enterprise communication and customer experience solutions across Papua New Guinea. The visit reinforces the growing collaboration between Enghouse Interactive and OFC Tech Solutions, focused on deli...

Great Pacific Gold Corp. has unveiled a significant high-grade epithermal gold-copper vein discovery at its Wild Dog Project in the East New Britain province of Papua New Guinea (PNG), reinforcing its interpretation of repeated mineralisation along the project’s 15-kilometre structural corridor. The news, announced on 19 February 2026, follows ongoing fie...

Australian gold producer St Barbara Limited has returned to underlying profitability in the first half of FY2026, while expanding mineral resources at its Simberi Operations in Papua New Guinea and advancing a fully funded pathway for the New Simberi Gold Project. For the six months to 31 December 2025, the group reported an underlying net profit after...

South Pacific Metals Corp. has bolstered its 2026 exploration campaign at the Ontenu prospect in Papua New Guinea by contracting a second drill rig, the company announced on 18 February. The additional rig is expected to arrive on site within approximately two weeks and will work alongside the company’s existing drill to step up testing across multiple ta...

K92 Mining Inc. on 18 February announced high-grade results from ongoing underground diamond drilling at its Kora, Kora South, Judd and Judd South deposits, as well as the first results from its Kora Deeps and Judd Deeps targets at the Kainantu gold mine in Papua New Guinea. The company said drilling has expanded a near-mine infrastructure dilatant zon...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has welcomed the inaugural meeting of the National Petroleum Authority (NPA) board, held in Port Moresby, describing it as an important step toward strengthening governance in the country’s petroleum sector. PNG CORE interim executive director Philip Samar commended the new leadership te...

Nambawan Super Limited (NSL) has received a K50 million payment from the State toward outstanding rental arrears for several properties occupied by government agencies, marking what the fund described as a critical step in resolving a two-year debt. In a statement, NSL said the payment followed constructive discussions with the Government through the D...

 The Autonomous Bougainville Government (ABG) has clarified its position on Bougainville Copper Limited (BCL) and the redevelopment of the Panguna mine, following questions over recent partnering arrangements. The ABG confirmed that Bougainville now holds a 72.9 per cent shareholding in BCL, split evenly between the ABG and Bougainville Minerals Limite...

The Mineral Resources Development Company (MRDC) participated in the Ministry of International Trade and Investment Stakeholders High-Level Planning Workshop in Lae, Morobe Province on 16 February 2026. Deputy CEO and Chief Investment Officer John Tuaim presented MRDC’s vision to transform the East New Britain township of Kokopo into the regional touri...

Steamships is pleased to announce the appointment of Damian Cooper as Head of Division for Steamships Hospitality. Managing Director Chris Daniells said: “Damian joins us at an exciting time as we continue to strengthen and grow our hospitality portfolio. Damian’s deep operational expertise, development background and strategic vision will play a criti...