Photo Credit: Epiroc Epiroc, a leading productivity partner for the mining and infrastructure industries, introduces the DM30 XC blasthole drill that is suitable for a variety of multi-pass rotary and down-the-hole (DTH) drilling applications. Built off the same proven, reliable platform as the Epiroc DM30 II, the new DM30 XC offers 33% more power and ...

Photo: Downtown Port Moresby Lands and Physical Planning John Rosso was praised by Hon. James Marape. In Parliament, Rosso applauded the approval of the Strata Title Management Bill 2022, as well as associated legislation and amendments (March 23 2022). Because of a rising population and a lack of land, the bill permits people to acquire units and f...

Mayur Resources Ltd has declared that it will engage a partner to expand its Central cement and lime project. According to the company's half-year report, which concluded December 31, it will make a final investment decision this year. This year, the group will concentrate on: Bringing on board a strategic development partner for the project, ...

Photo: PM Marape announcing the good news in Parliament recently. Picture courtesy of PARLIAMENT MEDIA In the midst of the worldwide crisis caused by the Russia-Ukraine war, James Marape claims that the Bank of PNG has the largest amounts of foreign exchange ever, totaling more than K10 billion. This is in sharp contrast to the O'Neill era, when for...

Hon. Prime Minister James Marape says he wants Madang to become a pillar of Papua New Guinea's economy. He addressed this in front of hundreds of people at Walium Station in Usino-Bundi when announcing K100 million in financing for the Pacific Marine Industrial Zone (PMIZ). PM Marape said that hundreds of millions of kina for the PMIZ had been spent...

St Barbara Limited now expects Simberi will produce between 25-30koz at an AISC of $3,200-3,600 per ounce in FY22. Group FY22 production has been updated to 275-290koz and AISC of $1,750-1,870 per ounce. Guidance for Leonora and Atlantic remain unchanged.  St Barbara Limited withdrew guidance for its Simberi operations on 18 February 2022 due to signif...

According to Coffee Industry Corporation Ltd (CICL) board chairman Jerry Kapka, the increase in the levy on green bean coffee exports from 10t to 20t per kilogramme is reasonable. “The increase is not same as 10t administrative levy. With the current scenario facing the coffee industry, the board has seen the need to have a reserved funding source assi...

Senior executives from Newcrest flew into Kavieng to pay Governor Sir Julius Chan and his administration a courtesy visit. Sandeep Biswas, the managing director and CEO, was joined by Stanley Komunt, the national manager, Tim Bryson, the strategic engagement manager, and Felix Kipalan, the environment, social, and government manager. Discussions cen...

Photo: Rocky Roe - ABC According to Ambassador Jernej Videtic, the European Union (EU) is willing to provide Papua New Guinea with hundreds of millions of Kina to help the country complete its forestry reforms. “Some of the areas that the EU will help are in environmental data management for carbon trading, knowledge management, green jobs and growt...

Photo: The Usino Junction along the Ramu Highway. To the left is Madang, to the right is Ramu Valley leading on to Markham Valley, and the road in the middle is to Ramu Nico. Hon. Prime Minister James Marape has announced that a K159 million contract for the Ramu Highway in Madang has been awarded, as well as a K43 million contract to expand the North ...

Ian Tarutia, president of the Papua New Guinea Chamber of Commerce and Industry, is pleased to hear that the Porgera Mine will reopen next month. “The closure two years ago and its consequences had an adverse impact on the country’s economy in terms of foregone tax revenue, royalties and unemployment of more than 3,000 workers,” he said. “We are hop...

Synertrex® Monitoring Centre in South Africa Weir Minerals, a leading supplier of equipment and services to the mining industry, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, have signed a digital business framework for strategic cooperation. The objectives of the agreement include: Digit...

Photo credit: Bougainville Copper Limited The Panguna Mine Legacy Impact Committee held its second meeting early this month in preparation towards the detailed impact assessment set to commence in mid-2022. The Committee heard a presentation from the technical consultant Tetra Tech Coffey where they presented their initial findings and recommendatio...

Photo: Everett Chue (on right) at Pacific Industries Head office Port Moresby Since its birth in 1936 as Gabriel Achun Bottling Co. Pacific Industries Ltd has emerged as a catalyst for social interaction through the manufacturing of food and beverages mainly by producing fast-moving consumer goods and distributing leading international brands. Their pr...

Timothy Masiu, the Papua New Guinea Minister for Information and Communications Technology, has welcomed the National Information and Communications Technology Authority's (NICTA) decision to give formal written consent on the transfer of license rights to Telstra as a result of Digicel Pacific's proposed acquisition, particularly on Digicel PNG Limited a...

When the Porgera mine reopens, Papua New Guinea Prime Minister James Marape says 3,500 former employees would be given "first consideration for jobs." According to him, the government had requested that all former mine personnel be given priority consideration. Marape was responding to a question about the Porgera Mine and Allied Workers Union urging t...

The Centre for Excellence in Financial Inclusion (CEFI) has been certified by the National Training Council (NTC) to conduct Courses in Financial Literacy. At an official presentation on March 07, NTC presented CEFI its Certificate of Registration to conduct Training. NTC also presented CEFI ‘Accreditation of Courses’ Certificate that will allow CEF...

Photo: MP John Simon Local coffee  farmers of Robusta Coffee in PNG will now have the opportunity to export and sell their Robusta Green Beans to Dubai as talks to open trade between the two countries is set to become a reality. PNG’s Minister for Agriculture and Livestock, John Simon said PNG Robusta coffee will be selling at K10 per kilo which is equ...

Black swan International has appointed and announced Mr. Shane Harden as their new General Manager in February earlier this year, 2022.  Shane’s appointment as General Manager of Black Swan International brings a wealth of senior management and security expertise as he has a great track record built on his experience in the Australian Army followed by a s...

Photo credit: Geopacific Resources - Figure 1: Kulumadau cross section Geopacific Resources Ltd is pleased to provide further updates on its successful grade control and resource extension drilling at the Woodlark Gold Project. Chief Executive Officer, Tim Richards commented  “The grade control drilling campaign continues to deliver encouraging...

Photo: Chef Lakshman Biswas - Holiday Inn & Suites Port Moresby “Chef Lakshman is a bright, talented and self-motivated Chef with strong management skills and a successful track record of impressing guests in his short time with us. We are privileged to have him on our team,” says Rashmi Tulsiani, Hotel Manager - Holiday Inn & Suites Port Mores...

Photo credit: Holiday Inn & Suites Port Moresby A powerful panel of five (5) consisting of three female leaders in the community and two male IHG leaders were on centre stage at the hotel’s Gekko Bar. Surrounded by an audience of Holiday Inn staff and management, the theme #BreakingTheBias was the focus of the day. Sharing experiences, overcomin...

Capital Insurance Group Limited (CIG) recently announced the opening of its Kokopo Branch. Located in a central part of Kokopo town, the office is managed by Mobile Sales Manager, Ms. Julie Lupai, who has a wealth of experience in the insurance industry with a solid network of clientele in Kokopo and the Niugini Guinea Islands (NGI) Region. Key clients...

Photo Left to Right: Rob Batterham (TWM Group Special Projects & Environment Manager), Michael Chan (TWM Group CEO), Michael Wau (Director – CEPA Non-Renewable Resource Division, Environment Protection Wing); Fabian Taimbari (Acting Manager – CEPA Oil and Gas Branch) and Steve Nicholls (CEPA Technical Advisor). TWM Group, a local SME business in th...