For the Central Province, agriculture is at the heart of the economy. Governor Rufina Peter has a background in this field and is well-placed to understand the impact that it can have in the province. This has moved Governor Peter to fund and support two major agriculture impact projects in the Central Province, and funding for them was presented at th...

Ok Tedi Mining Limited (OTML) generated a record K684 million (USD$184 million) for the month of December in 2023, the highest recorded monthly revenue for the year. This result comes off the back of increased production and favourable metals prices, which were above budget for the month. Other factors contributing to the record revenue include strateg...

Steamships Trading Company Limited, through its property division, Pacific Palms Property (PPP), confirms that three of its properties were tragically set on fire last Wednesday. The buildings that house the Stop & Shop North Waigani store and Stop & Shop Rainbow Gerehu have been completely lost in the fires, while the Badili site sustained sev...

For over 100 years Steamships Trading Company has invested and partnered with the people of Papua New Guinea. Despite the destruction experienced heavily in Port Moresby in the past week, Steamships is proud to launch the 2024 Community Grants Programme, opening the application submissions to Papua New Guinean registered (IPA) charities and Non-Governm...

Papua New Guinea is further extending the Visa on Arrival (VOA) facility to passport holders from Micronesian and Polynesian States and Territories to strengthen its relations with Pacific Island States and the Pacific Forum countries, the Chief Migration Officer, Stanis Hulahau has announced recently. This means that passport holders from all Pacific ...

The people of Halia and Haku constituencies in North Bougainville can look forward to transformational change following the launch of the Rural Electrification Program today in Buka. The Program was officially launched today by ABG Vice President and Member for Halia Hon. Patrick Nisira and National Member for North Bougainville Hon. Francesca Semoso, ...

Australia has embarked on a collaborative effort with Papua New Guinea to enhance the nation’s access to reliable renewable energy sources, addressing the growing demand for electrification. According to recent updates from the Australian High Commission in PNG, the partnership involves strategic initiatives aimed at bolstering PNG’s electrification re...

SpaceX’s Starlink has been granted a five-year operator licence by Papua New Guinea’s National Information and Communication Technology Authority (NICTA). This is a significant stride towards bridging the digital gap in the country. This groundbreaking announcement was made by Hon. Timothy Masiu, the Minister of Information and Communications Technology, ...

Prime Minister and Treasurer Hon. James Marape has issued a directive to the Department of Labor and Employment, emphasising the urgent need to address the longstanding minimum wage issue. The directive comes in the wake of a meeting between Prime Minister Marape and Labor and Employment Minister, Hon. Kessy Sawang, where discussions revolved around va...

Prime Minister Hon. James Marape recently underscored the government’s commitment to delivering development for the people of Papua New Guinea, emphasising the responsibility of the six newly-appointed ministers and those reshuffled. The Prime Minister made the six new ministerial appointments and reshuffled Cabinet last Thursday. “My government is ...

Prime Minister and Treasurer Hon. James Marape recently expressed his commitment to thoroughly investigate key issues affecting the country in his capacity as Treasurer. The Prime Minister officially assumed the role of Treasurer following a Cabinet reshuffle announced last Thursday, succeeding Hon. Ian Ling-Stuckey. The Prime Minister looks forward to...

Kumul Petroleum Holdings Limited through its training entity, the Kumul Petroleum Academy (KPA) is expanding its training capacity by building a new training facility next door to its Fabrication Facility, now under construction near the PNG LNG Project Plant site at Caution Bay. As part of its expansion plans, KPHL today signed a ‘Manage and Operate’ agr...

Prime Minister James Marape and Bougainville President Ishmael Toroama have agreed to convene a Joint Supervisory Body Meeting early this year in Bougainville. The two leaders met recently in Port Moresby to discuss matters about the Ratification, Intergovernmental Funding arrangements, and other matters concerning the development and political future ...

This year's two primary tasks for the Autonomous Bougainville Government are progressing Bougainville’s Independence Mission and reopening the Panguna Mine. Bougainville President Ishmael Toroama said that 98 percent of Bougainvillean’s desire for an independent sovereign state of Bougainville is firmly established by the results of the 2019 Bougainvil...

Prime Minister Hon. James Marape announced recently the historic appointment of Ms. Elizabeth Genia as the first woman Governor of the Bank of Papua New Guinea (BPNG). Ms. Genia, who has been serving as the Acting Governor of BPNG since January 2023, was officially appointed by the National Executive Council (NEC). “I am pleased to announce the histori...

After over 20 years of failure, the Government of Papua New Guinea (PNG) has learnt from the mistakes of the past and is ready to kickoff Special Economic Zones (SEZs) in a big way starting this year, says the Minister for International Trade and Investment, Hon. Richard Maru. “Our first two Special Economic Zones were Malahang in Morobe Province and U...

The announcement of the partnership by Radisson Blu and Paga Hill development company today to build an international Radisson Blu branded hotel at Paga Hill Special Economic Zone (SEZ) marks the start of transformation of Paga Hill, says the Minister for International Trade and Investment, Hon. Richard Maru. “Radisson Blu is the largest hotel chain in...

Ok Tedi Mining Limited (OTML) has surpassed its annual sediment dredge target of 10 Million Cubic Meters (Mm3) and its rehabilitation target of 35 hectares for 2023 at its Bige Operations, located 125km from the mine. The Bige Operations dredged 10.3 Mm3 of river sediments and rehabilitated 40 hectares (ha) of sand stockpile in 2023. This achievemen...

Any major government policy reforms in the mineral resources and energy space in Papua New Guinea, will be done in consultation with industry. This was the assurance by Minister for Petroleum & Energy, Hon. Kerenga Kua, when presenting at the recent 2023 PNG Resources & Industry Investment Conference. Minister Kua reassured those present that t...

K92 Mining Inc. is pleased to announce record quarterly production results for the fourth quarter (“ Q4 ”) of 2023 at its Kainantu Gold Mine in Papua New Guinea, of 39,101 oz AuEq or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver. Sales during the quarter were 31,931 oz gold, 2,995,585 lbs copper and 61,712 oz silver. Annual production achieved...

K92 Mining Inc. is pleased to announce the promotions of David Medilek to the position of President & Chief Operating Officer and Chris Kinver to the position of Vice President Projects & Engineering. Mr. Medilek is a mining professional with over 16 years of mining capital markets, corporate strategy and technical operating experience. Mr. Med...

In a major announcement made recently, Prime Minister Hon. James Marape revealed his ambitious plan to transform Jiwaka, the home of the great Wahgi Valley, into the “agriculture powerhouse” of Papua New Guinea by 2025—the year marking the country’s 50th anniversary of independence. Addressing a massive crowd of thousands at the launch of the North Wah...

Prime Minister Hon. James Marape has called on all public servants to take inspiration from the Medium-Term Development Plan (MTDP) IV 2023-2027 to contribute to Papua New Guinea’s path to greatness. Addressing thousands of public servants on Friday, January 5, 2024, at the Sir John Guise Indoor Stadium and via livestream, Prime Minister Marape emphasi...

Prime Minister Hon. James Marape expressed his satisfaction recently at the signing of a groundbreaking agreement between Chinese company Ramu Nico Management Ltd and Kumul Minerals Holdings Ltd. The Memorandum of Understanding (MOU) signifies a significant step forward in fostering mutual trust and cooperation between China and Papua New Guinea, particul...