PNG Resources | PNG Resources is the leading oil and gas sector publication in Papua New Guinea, delivering unique, accurate and up-to-date coverage of mining and petroleum activities in the Asian Pacific nation.

Mining

February 12, 2020 No Comments Colin Hay

Outstanding results put Kingston on target to restart historical Misima mine

Kingston Resources Limited appears to be on target to bring the historic Misima mine back into production with of promising results from the latest definition drilling campaign at the Ewatinona deposit. Managing Director, Andrew Corbett, says the Phase 2 Resource programme at Ewatinona, part of the Quartz Mountain region at the 2.8Moz Misima Gold Project, is off to a strong start, with encouraging high-grade results delivered from the first three

January 22, 2020 No Comments Colin Hay

K92 ready to take next big step at Kainantu

CANADA’S K92 Mining Inc. is confident it is ready to move to the next level as a gold producer after achieving significant upgrades to pleased to operations and Stage 2 expansion at its producing underground Kainantu Gold Mine in Papua New Guinea. Chief Executive Officer and Director, John Lewins, said Kainantu has recently undergone a significant expansion and modernisation of the mining fleet. The fleet expansion includes not only an

Petroleum

February 11, 2020 No Comments Colin Hay

Horizon denies any knowledge of alleged PNG payment

AUSTRALIAN petroleum company Horizon Oil says it has no actual knowledge of any wrongdoing relating to a reported transaction to PNG officials to acquire an interest in Petroleum Retention Licence 21 (PRL 21) in the Western Province of Papua New Guinea. The company has also denied knowledge of reports that leaked documents concerning the matter have been provided to the Australian Federal Police (AFP) and the Australian Securities and Investment

December 12, 2019 No Comments Colin Hay

PM welcomes Japanese investment in PNG petroleum sector

PNG Prime Minister James Marape says Papua New Guinea welcomes any investments in the petroleum sector during a meeting with representatives of Japanese investor, LNG Japan Corporation, in Port Moresby. LNG Japan is studying feasibility of potential LNG-to-power projects in PNG, leveraging its long experiences in the LNG industry, including a small-scale domestic LNG sea transportation project in Indonesia. It is also looking at producing methanol as a raw material

Politics

February 11, 2020 No Comments Colin Hay

Horizon denies any knowledge of alleged PNG payment

AUSTRALIAN petroleum company Horizon Oil says it has no actual knowledge of any wrongdoing relating to a reported transaction to PNG officials to acquire an interest in Petroleum Retention Licence 21 (PRL 21) in the Western Province of Papua New Guinea. The company has also denied knowledge of reports that leaked documents concerning the matter have been provided to the Australian Federal Police (AFP) and the Australian Securities and Investment

December 13, 2019 No Comments Colin Hay

Bougainvilleans show powerful support for independence

THE Bougainville Referendum Commission has revealed that approximately 98% of voters in the recent referendum have voted for independence from PNG The Commission report found that: Number of votes for Greater Autonomy: 3,043 Number of votes for Independence: 176,928 Number of Votes counted: 181,067 Number of informal ballot papers: 1,096 “We thank the two governments of Papua New Guinea and the Autonomous Region of Bougainville, and the people of the

Law & Order

November 27, 2019 No Comments Colin Hay

Barrick welcomes PNG Government pledge to enforce law and order in Porgera region

BARRICK (Niugini) Limited (“BNL”) has welcomed the Papua New Guinea Government’s commitment to finding a long-term solution for the law-and-order problems that have for decades plagued the Porgera region of Enga Province, home to its Porgera gold mine. The Company noted that, following a two-day visit to the region to meet the community and assess the situation first-hand, police minister Bryan Kramer had pledged to sponsor government measures to strengthen

November 25, 2019 No Comments Colin Hay

Warring tribes in Enga give up guns for bibles

TWO warring tribes, Pinai and Puikin in Enga Province have committed to peace and prosperity by symbolically surrendering guns in exchange for bibles after a decade of fighting. The ceremony was recently held in Kepakanda village in Kompiam District and was facilitated by the Salvation Army as part of its Restorative Justice programme. Through the programme, the Salvation Army has been working with the people from the two tribes for

Tourism

November 29, 2019 No Comments Colin Hay

Rabaul tour operators pitch ideas to cruise passengers

CRUISE passengers docked in Rabaul, East New Britain Province, have been interviewed about potential tours and excursions as part of efforts to strengthen local tourism. Supported by the Australian Government in partnership with Carnival Australia and The Difference Incubator, YuMi Tourism Partners is an initiative being rolled out across the South Pacific region to assist tourism entrepreneurs build their business models to fit the needs of customers. Michael Mihajlov from

April 17, 2018 No Comments PNG Resources

IFC says niche-market investment needed to drive tourism in PNG

THE IFC, a member of the World Bank Group, in partnership with the Tourism Promotion Authority of Papua New Guinea, says new research shows developing niche market tourism has the potential to attract an extra 40,000 tourists to Papua New Guinea, contributing US$286 million annually by 2027. The scenario is part of highlights from an assessment into tourism demand in Papua New Guinea, which IFC launched today in conjunction with

Featured

Outstanding results put Kingston on target to restart historical Misima mine

Outstanding results put Kingston on target to restart historical Misima mine

Horizon denies any knowledge of alleged PNG payment

Horizon denies any knowledge of alleged PNG payment

Barrick welcomes PNG Government pledge to enforce law and order in Porgera region

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Mining

Outstanding results put Kingston on target to restart historical Misima mine

K92 ready to take next big step at Kainantu

Petroleum

Horizon denies any knowledge of alleged PNG payment

PM welcomes Japanese investment in PNG petroleum sector

Politics

Horizon denies any knowledge of alleged PNG payment

Bougainvilleans show powerful support for independence

Law & Order

Barrick welcomes PNG Government pledge to enforce law and order in Porgera region

Warring tribes in Enga give up guns for bibles

Tourism

Rabaul tour operators pitch ideas to cruise passengers

IFC says niche-market investment needed to drive tourism in PNG

Featured

Our Sponsors

Mining

Petroleum

Politics

Law & Order

Tourism

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