Photo credit: EMTV Kumul Minerals Holdings Ltd (KMHL) has made a significant contribution to the State, paying K105 million in dividends. The payment was handed over to State Enterprises Minister William Duma by KMHL Chairman Dr Ila Temu. Speaking about the dividend payment, Dr Temu said, "Kumul Minerals hold 67 per cent in Ok Tedi, through the Governm...

Photo: Looking back: Happy memories with the locals at Yandera, Madang Province in 2014. From 2006 until 2014, the Yandera Project was owned and managed by the Australian company, Marengo Mining Limited, with Mr Les Emery as their CEO. (Photo credits: Mr Les Emery) The Yandera Project in Madang Province, PNG, is considered to be one of the world's larg...

Photo: Kedi Ilimbit The Ok Tedi Mining Limited Board of Directors has appointed Kedi Ilimbit as the Acting CEO of the Company at its meeting on Wednesday 08th March. The appointment is in accordance with Mr Ilimbit’ s current position as the Deputy CEO and General Manager Community & Operations Support. The OTML Board acknowledges Mark Thomps...

The landowners of the Wafi-Golpu mine have issued a 14-day ultimatum to the government to respond to their grievances regarding the Infrastructure Development Grant (IDG) for this year, in which the state has allocated K100 million to the impact areas in the vicinity of the mine. The landowners, who arrived from Lae, have been in Port Moresby for over ...

Photo: Panguna Mine - Credit: Ilya Gridneff/AAP The Department of Mineral and Energy Resources (DoMER) has set its strategic objectives for the next five years, according to Secretary Mr. Peter Kolotein. These are being captured in the Bougainville Integrated Strategic Development Plan (BISDP) 2023-2027 and the DOMER Strategic Plan 2023-2027 to be l...

Photo: Ramu Nickel project women landowners receiving funding assistance from MRA Women landowners of mining projects in the country, will be given more recognition in terms of business opportunities from mine derived benefits going forward, said Acting Managing Director of the Mineral Resources Authority (MRA), Jerry Garry.  Mr Garry was speaking d...

Photo: OTML Acting Chief Executive Officer Mark Thompson (fourth-left), General Manager Mining Derrick Kelly (far- right) with H.E Supandy and MP James Donald (centre) after the mine tour. The Ambassador of Indonesia to Papua New Guinea and Solomon Islands, His Excellency Andriana Supandy, recently visited the Ok Tedi mine on February 22. Ambassador...

Photo credit: Morobe Governor Luther Wenge Facebook page Morobe Governor Luther Wenge has expressed frustration at the slow pace of negotiations regarding the Wafi-Golpu project, a gold-copper mining project worth billions of Kina. According to Wenge, "the provincial government’s position is clear: mining must go ahead. We can sort everything else late...

K92 Mining Inc. is pleased to announce its latest high-grade results from the ongoing surface and underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora Northern Deeps target at the Kainantu Gold Mine in Papua New Guinea. The results for the latest 89 diamond drill holes completed from surface and und...

Photo: Dairi Vele The State Negotiation Team chairman, Dairi Vele, has announced that the process of reopening the Porgera gold mine in Enga, which is valued at billions of dollars, is almost complete. In his words, "The new Porgera is substantially complete and is progressing." Vele added that all parties involved are now in the process of verifying t...

Photo credit: Wafi Golpu JV The Wafi-Golpu project in Morobe Province could become one of the world's largest copper and gold mines, according to Dairi Vele, the State Negotiation Team chairman. In an interview with a local paper, Vele said that the state is working to ensure that all stakeholders benefit from the US$5.4 billion (K18.5 billion) project...

Photo credit: Kumul Petroleum   Kumul Petroleum Holdings Limited (KPHL) plans to supply LNG from the coast of Huon Gulf district to power the Wafi-Golpu mine project in Bulolo district, Morobe province. The two business models being pursued are the Floating Storage Regasification and Power (FSRP) unit and the Labu Special Economic Zone project, which w...

Photo credit: Geopacific Resources Geopacific Resources Limited is pleased to provide an update on corporate and project activities conducted at the Woodlark Gold Project together with an outline of planned future work programs for 2023. Outcomes from 2022 In February 2022 Geopacific announced suspension of development activities at the Project d...

Mining or exploration licenses that are given to a company go through a process called a warden hearing. This gives opportunities to communities, individuals, or organizations to present their objections. The Alliance of Solwara Warriors, a coalition of coastal communities in PNG, recently held a warden hearing concerning seabed mining, but no official...

The PNGEITI Head of Secretariat Mr. Lucas Alkan says all parties to the Pogera Mine must adhere to rules governing the extractive industry, particularly when dealing with fiscal matters that must be administered and observed according to law. His comments follow a news article on The National citing the Internal Revenue Commission (IRC) that unmet tax obl...

Photo: Sam Basil Junior. credit: Sam Basil Junior Facebook Page The alluvial mining sector is a fast-growing sector in Papua New Guinea, with more than 80,000 alluvial miners engaged in the sector, which also generates a significant amount of export receipts in millions of kina to the PNG economy annually. The Bulolo area in Morobe has been known fo...