Prime Minister Hon. James Marape has underlined his government’s commitment to Infrastructure Development Grants (IDG), ensuring that mining and resource-hosting communities receive essential funding for infrastructure development in preparation for major resource projects. Addressing Parliament today in response to Vice-Minister for Mining and Bulolo ...

Prime Minister Hon. James Marape has reinforced his government’s strong commitment to securing a fair and beneficial agreement for Papua New Guinea in the development of the Wafi-Golpu mine. Addressing Parliament, the Prime Minister provided an update on the status of negotiations, confirming that discussions are in the final stages, with only three key i...

Prime Minister Hon. James Marape has reaffirmed his government’s unwavering commitment to the Bougainville peace process, emphasising the significance of the 2001 Bougainville Peace Agreement (BPA) and the necessity for continued dialogue between Papua New Guinea and Bougainville. Speaking at the opening of the First Joint Consultation Meeting with Bou...

Four out of five tourists who visited Papua New Guinea in 2024 were satisfied and are willing to return to the country and would recommend it to other tourists, according to the annual PNG International Visitor Survey (IVS) Report released this month. About 86 percent of the survey respondents recommended PNG and 89 percent said they were willing to co...

Ok Tedi Mining Limited (OTML) is encouraging its Business Partners, Trust and Royalty associations to invest back into OTML operations for the benefit of the people of Western Province, especially the impacted regions under the Mine Village communities and the Community Mine Continuation Agreement (CMCA) communities. OTML Managing Director and CEO Kedi...

Following the recent announcement of its Energy Transition Policy, the Papua New Guinea Chamber of Resources and Energy (PNG CORE) provides further details on this initiative, which focuses on promoting sustainable energy practices and addressing climate change. This policy underscores PNG CORE's commitment to facilitating a just and equitable transiti...

Tolu Minerals Limited is set to resume high-grade gold and silver production at the Tolukuma Gold Mine, located in Goilala District in Central Province, as it commenced final hot commissioning of its newly installed modular gravity recovery plant, with full production and revenue generation expected upon completion. In a statement dated February 27, To...

Minister for International Trade and Investment, Hon. Richard Maru, has presented the final report on the government’s investigation into the business practices in the Oil Palm Industry on the floor of Parliament. Addressing Parliament on March 13, Minister Maru spoke of the historical significance of this investigation. “This is the first time in the ...

Tolu Minerals Limited has announced a series of mineral targets at its Tolukuma gold-copper project in Goilala, Central Province of Papua New Guinea, following a detailed Airborne Magneto Telluric (MT) survey covering 714km². The survey identified a pipeline of high-priority exploration targets, including 38 priority mineral zones, with eight showing h...

The Department of Works and Highways (DoWH) marks a half-century of dedicated service to the development of Papua New Guinea's infrastructure and its ongoing commitment to national progress with the launch of its 50th Golden Jubilee logo on March 4. The new Golden Jubilee logo reflects the department’s rich history in line with PNG’s 50th Jubilee Indep...

Papua New Guinea started its countdown for its participation in the Osaka World Expo, which is expected to attract up to 28 million visitors with more than 160 countries already confirming their participation. Prime Minister James Marape commissioned the launch event for PNG and hosted it along with the Minister for International Trade and Investment, ...

In celebration of International Women’s Day 2025, the European Union (EU) has signed two new Human Rights thematic grant contracts to support women’s economic empowerment in Papua New Guinea (PNG). The initiative aligns with the United Nations’ global theme, “For ALL women and girls: Rights. Equality. Empowerment,” which aims to accelerate action towar...

The Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI) convened a Beneficial Ownership (BO) Technical Working Group meeting, bringing together key stakeholders to discuss strategies for enhancing BO transparency within the extractive sector. Representatives from the Bank of Papua New Guinea’s Financial Analysis and Supervision Unit (...

The Autonomous Bougainville Government (ABG) has imposed a moratorium on new foreign investments in business sectors reserved exclusively for indigenous Bougainvilleans. This directive, issued under the authority of the Minister for Commerce, Trade, Industry and Economic Development, Hon. Patrick Nisira, is in line with Bougainville Executive Council (...

Prime Minister Hon. James Marape has announced that the National Executive Council (NEC) has approved the National Palm Oil Policy 2025-2030 during its meeting on Monday, 10 March 2025. The Prime Minister commended the Minister for Oil Palm, Hon. Francis Maneke, and the Oil Palm Industry Corporation (OPIC) for their leadership in driving the policy for...

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) successfully hosted a media briefing on Benefit Sharing Agreements in collaboration with ABC International Development - Media Development Initiative, PNG (ABC-MDI) on Friday, March 7, 2025, in Port Moresby. This media briefing provided valuable insights on Benefit Sharing Agreements (BS...

Papua New Guinea’s PNGX Group Limited (“PNGX Group”) and Fiji’s South Pacific Stock Exchange Pte Limited (“SPX”) have together released a Request For Proposal (“RFP”) for an integrated Trading Platform and Central Securities Depository solution for the Pacific stock exchanges. The release of the RFP follows PNGX and SPX entering into a Memorandum of Un...

The Mineral Resources Development Company (MRDC), through its subsidiary Gas Resources PNG LNG Plant Limited, has successfully delivered a K2-million infrastructure project to the Rearea Junior High School, benefiting communities affected by PNG LNG Plant. The project, which took five months to complete, was funded through MRDC’s Community Infrastructu...

Minister for Higher Education, Research, Science, and Technology, Hon. Kinoka Feo, has reaffirmed the government’s commitment to research-driven national development with the launch of the National Research Institute’s (NRI) Corporate Plan 2024-2028 and Revised Strategic Plan 2021-2030 last March 6.   The Corporate Plan is linked to the PNGNRI Strategi...

Sustainable agricultural growth in Papua New Guinea hinges on investing in people rather than just crops, Dr. Eric Omuru, Managing Director and Principal Consultant of E.E. Omuru Limited, said during his plenary keynote at the Central Province Investment Conference (CPIC) 2024. The CPIC was co-hosted by the Central Chamber of Commerce and Industry Inc....

PNG's education sector now offers more opportunities for students to pursue affordable, high-quality tertiary education in their own country with the official opening of the Philippines Christian University (PCU) Papua New Guinea Campus. This University is part of a broader vision of the founder and Director of Waigani Christian College and member for ...

The PNG Chamber of Resources & Energy (PNG CORE), in collaboration with the Mineral Resources Authority (MRA), participated in the 2025 Prospectors & Developers’ Association of Canada (PDAC) convention, held in Toronto, Canada, from March 2-5. PDAC is the world's largest mining conference, attracting over 27,000 delegates and featuring more tha...

Parliament recently (12.03.25) passed two laws for the establishment and operation of the National Petroleum Authority (NPA), a new body that will take over as the regulator of the petroleum sector in the country. The National Petroleum Bill 2025 was voted 84 to 0 into law, while the Oil and Gas Act Amendment Bill 2025 was passed on voices. Both bills ...

Sago Network announces the appointment of Mr Douveri Henao as Patron for the community development organisation which has a focus on improving the health of PNG’s villages through water, sanitation and hygiene programmes. This announcement is made after Mr Henao officially agreed to the 2-year role on 25th February 2025. Sago Network’s board of directo...