Porgera will fix FX, economy: PNG PM Marape
Papua New Guinea Prime Minister, James Marape says once the Porgera gold mine comes on next year, it will help fix the country’s economy, especially the shortage of foreign exchange (forex). “Our people need the
Sovereign rights not enough, regional cooperation needed for deep-sea mining: TIS
There needs to be a regional approach to deep-sea mining, as opposed to relying solely on the sovereign rights of individual nations, given the transboundary risks such activities can pose to the Pacific Ocean, says a
New Caledonia independence parties prepare for talks with France
Key members of the New Caledonia’s independence movement Front de Libération Nationale Kanak et Socialiste (FLNKS) have debated policy at party congresses, in preparation for looming negotiations with the French
Opinion: A long-term fund to lift the Porgera mining curse
The last three decades of gold mining in Porgera (1989-2019) have been wasted, with little to show in terms of the socio-economic conditions of the landowners and people of Porgera-Paiela district in Enga Province,
Opinion: Kikibakiki – Reflections on PNG at 48
We sat down in the forever blackout Port Moresby city, I hear the neighbours playing the famous Saugas song, Sindaun Bagarap, echoing the windy night, and buai buyers complaining about the hike in the prices,
Ok Tedi life extension approved
The OK Tedi Mining Limited (OTML) in Papua New Guinea has had its mine life extension approved from 2023 to 2050, with an expected dividends payments in excess of K30 billion (US$8.2 billion), says chief executive
PNG resource boom to last 30 years: Trade Minister Maru
Papua New Guinea is expecting a resource boom from next year because of at least five multi-billion kina projects in the pipeline, says International Trade and Investment Minister Richard Maru. “We don’t have just
Nautilus to return to PNG
Papua New Guinea Mining Minister Sir Ano Pala told Parliament Nautilus was coming back to Papua New Guinea but under a different entity to operate as they had three exploration licenses still valid. Sir Ano said the
International talks end without go-ahead for deep-sea mining
An international meeting in Jamaica to negotiate rules over deep-sea mining has ended with no green light to start industrial-scale mining and with an 11th-hour agreement to hold formal discussions next year on the
Nations aim to ink deep sea mining rules by 2025
The International Seabed Authority’s member nations on Friday agreed on a two-year roadmap for the adoption of deep sea mining regulations, despite conservationists’ calls for a moratorium on mineral
Porgera gold mine reopening date set
Barrick Gold Corporation and the Papua New Guinea Government expect the Porgera gold mine to reopen in September, according to Barrick chief executive officer Mark Bristow. Bristow met with Prime Minister James Marape
