The Bank of Papua New Guinea has released its Monetary Policy Statement for Quarter 1 2024, projecting an increase in inflationary pressures for the year…
MRDC Concludes Clan Bank Account Awareness Exercise for Hides PDL1 Beneficiaries in PNG LNG Project
The Mineral Resources Development Company (MRDC) has successfully concluded an Awareness Exercise on the Clan Bank Account Opening for the Hides PDL1 beneficiaries in the…
Unreliable Power Supply Stifles Economic Growth in Papua New Guinea
A recent report, the Asia Pacific Outlook released in April, has highlighted the crippling effects of an unreliable power supply on economic growth in Papua…
Prime Minister Marape Applauds Mayur Resources’ Funding for Central Lime Project
Prime Minister and Treasurer, James Marape, expressed his warm welcome to Mayur Resources Ltd for securing US$155 million (K540 million) to finalize the Central Lime…
Ok Tedi Mining Limited Sets New Production Record for Q1 2024
Ok Tedi Mining Limited (OTML) has achieved a significant milestone with a record production result for the first quarter of 2024. The company reported an…