PNG CORE Welcomes 2 New Members in Great Pacific Gold and SCAL

By: Roselyn Erehe May 06, 2024

(From Left to Right): Julius Aila (Manager Operations), Chief Underwriting Officer Uari Oaveta being presented the Member Service certificate by PNG CORE Team Leader Member Services Edith Baimur, Martin Sengele (Senior ManagerUnderwriting), Wayne Stanley (Team Leader-Business Development). -image provided by PNG CORE PR

The Papua New Guinea Chamber of Resources & Energy (PNG CORE) recently welcomed two esteemed entities, Great Pacific Gold and Southern Cross Assurance Limited (SCAL), into its dynamic network.

Great Pacific Gold joins PNG CORE following its recent amalgamation agreement with Tinga Valley Copper & Gold Corp. to acquire a highly prospective PNG copper-gold project called the Tinga Valley. This marks a significant milestone in the Chamber’s expansion.

PNG CORE Chief Operating Officer Pansy Taueni-Sialis formally welcomed Great Pacific Gold to the Chamber.

“As the peak body for the mineral resources & energy sectors in Papua New Guinea, PNG CORE is pleased to have Great Pacific Gold on board to our growing network. Their recent acquisition not only enhances their potential but also enriches our collective efforts with invaluable insights and opportunities,” she said.

"We are excited to embark on this journey with Great Pacific Gold, fostering a partnership that promises substantial growth and shared prosperity. Welcome aboard!"

Similarly, SCAL’s entry as a service member heralds a new chapter in PNG CORE's commitment to fostering partnerships across various sectors.  

SCAL is a PNG-owned company aiming to extend its reach into offering their insurance products and services to safeguard business operating in the resources and energy sector.

SCAL CEO Sri E Kalyanarangan emphasized that as a service member of the Chamber, the firm is excited with being a part of PNG’s leading industry peak body.

“Being a service member of PNG CORE will not only allow us to stay informed about industry trends and challenges but also enable us to establish meaningful connections that can contribute to the growth of our business and the industry we serve. We have been operating in the insurance industry for more than 10 years now and we can offer technical expertise to manage the complex risks that exist in the mining and resources sector,” he said.

“Our membership to PNG CORE builds on this and provides an avenue for us to engage more closely with the mineral resources and energy sectors.”

PNG CORE Team Leader Member Services, Edith Baimur, in welcoming SCAL, reaffirmed the Chamber’s commitment to working closely with the insurance provider, for mutual benefit.

"As a member of PNG CORE, SCAL will gain valuable insights into the latest trends and issues of the resources and energy sector. This will enable SCAL to strategically plan and adapt their business to meet the evolving demands and capitalize on opportunities within this thriving sector."

“We look forward to a brighter future, together.”


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