PNG Economics Bulletin

Section Title

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development Port Moresby, 18 March 2025 – Prime Minister Hon. James Marape has reinforced...

MINISTER FOR WORKS AND HIGHWAYS RESPONSE TO CENTRAL GOVERNOR’S CONCERNS ON THE CONNECT PNG PROGRAM

The Marape – Rosso Administration acknowledges the concerns raised by the Governor for Central Province in the news media on the 4th March 2025, regarding security risks associated with the...

Captain Beverley Pakii Sets New Milestone as Papua New Guinea’s First Airbus A220 Captain

Air Niugini’s Captain Beverley Pakii continues to record milestones in the aviation industry, this time becoming the first Papua New Guinean Airbus A220 Captain after successfully completing her type...

Santos Reviews CEPA Directive for K50 Million Compensation to Kutubu Landowners

Santos, the operator of the Kutubu oil fields says it is reviewing a direction by the PNG lead  environment regulator to pay millions of kina to Kutubu landowners for damages to two river...

MRA Management, Staff Welcome New Mining Minister Wake Goi

The Mineral Resources Authority (MRA) management and staff officially welcomed the newly appointed Mining Minister, Hon. Wake Goi MP, to the MRA on yesterday.  Minister Goi, who serves as the...

Bougainville Labour Mobility Alumni Celebrate Successful Pilot Program

Bougainvillians returning from seasonal work in Australia are leveraging their newly acquired skills and earnings to launch agricultural projects and businesses within their communities. Recently...

Santos announces refinancing of syndicated debt facility

Santos this week announced it had executed documentation to refinance its 2025 maturing syndicated bank loan facility. Santos holds leading shares in the PNGLNG Project following the successful merger...

Twinza’s Pasca A Gas Project on the cards to boost PNG Economy: PM satisfied with Progress

Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located offshore from Kerema...

Kina Asset Management Ltd Declares Record Interim Dividend for 2024

Kina Asset Management Ltd (KAML) has announced a historic interim dividend of 20 toea per share for the half-year ending 30 June 2024, following a strong net profit of K9.9 million. This record...
Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development

Prime Minister Marape Emphasises Commitment to Securing Maximum Benefits for PNG in Wafi-Golpu Mine Development Port Moresby, 18 March 2025 – Prime Minister Hon. James Marape has reinforced hisgovernment’s strong

March 18, 2025
MRA Management, Staff Welcome New Mining Minister Wake Goi

MRA Management, Staff Welcome New Mining Minister Wake Goi

The Mineral Resources Authority (MRA) management and staff officially welcomed the newly appointed Mining Minister, Hon. Wake Goi MP, to the MRA on yesterday.  Minister Goi, who serves as the

October 8, 2024
Port of Kiunga Secures International Stamp of Approval, Enhancing Trade and Investment Opportunities

Port of Kiunga Secures International Stamp of Approval, Enhancing Trade and Investment Opportunities

Ok Tedi Mining Limited (OTML) was recently awarded the Statement of Compliance (SOC) for its Kiunga Port, marking a significant milestone in ensuring the port’s adherence to the International Ship

September 18, 2024
State Launches Pre-CDA Awareness Program For Wafi-Golpu Project

State Launches Pre-CDA Awareness Program For Wafi-Golpu Project

The Government has launched a pre-Community Development Agreement (CDA) awareness program in Lae, focusing on the transformative Wafi-Golpu mining project, poised to reshape Papua New Guinea's economy. This crucial consultation

August 23, 2024
Newmont Announces Bronze Sponsorship for GEE 2024 Conference

Newmont Announces Bronze Sponsorship for GEE 2024 Conference

Newmont Corporation has officially announced its Bronze category sponsorship of the Geoscience, Exploration & Extraction Conference (GEE) 2024, set to take place from August 7-9. At a ceremony held at

August 1, 2024
Ok Tedi Mining Limited Sets New Production Record for Q1 2024

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 outstanding achievement of 26,114 dry

April 24, 2024