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 New Guinea’s main urban areas.…
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 Project (CLP) in Kido, Central…
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…
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 site visit on the borders…
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 to tax increase commencing January,…
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 K350 million was paid on…
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 fight against corruption. The commission…
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 Mineral Resources Authority (MRA) for…
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 minister Dr Kobby Bomareo. This…
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. Its PNG subsidiary Barrick Niugini…
