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...

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...

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...

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...

Papua New Guinea’s mineral exploration and mining sectors are once again on display at the Prospectors & Developers’ Association of Canada (PDAC) 2025 convention, in Toronto Canada, this week (March 2-5). The PDAC is the world’s premier mineral exploration and mining convention, that attracts about 30, 000 attendess from over 130 countries annually...

Papua New Guinea experienced a remarkable year for gold production in 2024, with exports soaring by 14.8% during the first three quarters compared to the same period in 2023. These is according to the latest PNG Westpac Wailis Economic for February 2025 Report. Based on the report, PNG exported 34,200 tonnes of gold, with the export value increasing by...

Papua New Guinea's mining sector is set for significant advancement as Mayur Resources Limited recently secured a substantial capital injection to propel the Central Lime Project (CLP) forward. The latest AU$100 million (PGK 250 million) equity raise by Mayur signals strong investor confidence and underscores the Marape-Rosso Government’s vision for va...

The Minister for Mining Hon. Wake Goi on February 25 officially launched the Mining Bill 2025 for public consultation in Port Moresby at a formal event attended by members of parliament, government officials, industry stakeholders, landowner representatives, and the media. Minister Goi emphasized the bill’s importance, calling it a “historic milestone”...

K92 Mining Inc. has announced the latest results from its ongoing maiden surface diamond drill program at the Arakompa prospect in Papua New Guinea. In a statement, the company said the drilling confirmed two significant high-grade gold veins, AR1 and AR2, along with extensions of a bulk tonnage zone, reinforcing the area’s potential for both undergrou...

A high-level meeting was held recently in Port Moresby between Prime Minister Hon. James Marape, Morobe Provincial MP Hon. Luther Wenge, and Chairman of the State Negotiating Team (SNT), Dairi Vele, to discuss the progress of the Wafi-Golpu Project. The Government reaffirmed its commitment to ensuring that the project proceeds in a manner that delivers ma...

The Community Development Agreement (CDA) for the Central Cement and Lime (CCL) Project located in the Hiri-Koiari District of Central Province was initialed on February 6, in Port Moresby, the parties involved said in a statement. A CDA is a government process and is basically a mine-derived benefits package, negotiated between concerned parties in an...

Mayur Resources Limited is pleased to announce the execution of definitive agreements with Pacific Unison Holdings Limited  for the construction and operation of the Orokolo Bay Industrial Sands Project, located in Gulf Province, Papua New Guinea. The execution of these agreements follows the previously announced terms sheet signed in December 20241 an...

“There will be no riverine disposal by the Frieda River Copper-Gold Project (FRCGP).” This clarification comes from Phil McCormack, Project Director of Frieda River Limited (FRL), a part of PanAust Limited. Phil made the clarification to help the public understand the design of the proposed copper-gold development. “Frieda River Copper-Gold Project ...

K92 Mining Ltd. has announced a series of leadership changes and highlighted the significant contributions of Dr. Chris Muller and Dr. Mark Schubert, both of whom have played instrumental roles in the company’s achievements. Dr. Chris Muller, who joined K92 in 2016, most recently served as the Executive Vice President – Exploration. Dr. Muller was a me...

K92 Mining Inc. has released an update regarding its operations and strategic plans for the future with its 2025 Operational Outlook, which outlines another record year of production plus major capital investment and investment in exploration. John Lewins, Chief Executive Officer and Director of K92 Mining, expressed his optimism and enthusiasm for the...

Negotiations for the Community Development Agreement (CDA) of the Central Cement and Lime Project commenced on Jan. 30 in Port Moresby for the project in the Hiri-Koiari District of Central Province, Papua New Guinea. Officials said the discussions are expected to last at least a week, bringing together key stakeholders to finalize agreements on benefi...