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…
Environment Regulator to Exercise Due Diligence On Frieda Mine Permit
Following completion of the Frieda River Project Environmental Impact (EIS) roadshows, the head of Government’s environment regulatory agency Mr. Jude Tukuliya has made a unique…
Kina Records Solid Performance In 2023
Kina Bank has declared a handsome net profit of K105.2 million for 2023. The profit represents a decrease of 0.8 percent relative to 2022 due…
Ok Tedi Ends 2023 On High Note With Total Dividend Payment Of K450 Million
Amid major changes to its company leadership in 2023, the Ok Tedi Mining has paid K450 million. The SOE announced that the final dividend of…
INDEPENDENT COMMISSION AGAINST CORRUPTION TO HELP GROW ECONOMY
Prime Minister James Marape expressed his support for the newly formed Independent Commission Against Corruption (ICAC) today, heralding it as a significant milestone in the…
NEW SML APPLICATION LODGED TO RESTART POGERA MINE
The New Porgera Limited (NPL), company responsible to further develop gold body at Pogera valley in Enga today announced it lodged an application with the…
2000 + HOMES FOR PUBLIC SERVANTS IN 2023
The National Government plans to build up to two thousand five hundred houses for public servants at the Duran farm this year, according to housing…