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…
BARRICK HAPPY AFTER USHERING AGREEMENT TO RE-OPEN PROGERA MINE
Canadian mining giant Barrick is happy now that a consensus hand been finally reached amongst key stakeholders to re-open the stalled Pogera Mine in Enga.…
NASFUND THANKS OUTGOING CEO IAN TARUTIA FOR 35 YEARS’ SERVICE
The superannuation industry in Papua New Guinea that hit rock bottom in the year 2000 is in 2023 a leading example of how businesses can…