PNG Ok Tedi Mine Posts K9.3 Billion Revenue in 2025
Papua New Guinea’s Ok Tedi Mining Limited has delivered a strong financial performance in 2025, posting K9.3 billion in revenue and reinforc...Read More
Showing posts with label Mining News. Show all posts
Showing posts with label Mining News. Show all posts
PNG Government-Backed Kumul Takes 20pc Stake in Simberi
The Papua New Guinea Government has welcomed a major step toward increased national participation in the mining sector following Kumul Mine...Read More
PNG’s Ok Tedi Mine posts K8.4 billion revenue in record year
PNG-owned Ok Tedi Mining Limited has delivered one of its strongest financial performances, recording about K8.46 billion in revenue for th...Read More
PNG’s Mining Taxes Under Scrutiny as IRC Backs PM Marape Review
Papua New Guinea’s Internal Revenue Commission (IRC) has endorsed Prime Minister James Marape’s directive for a sweeping review of mining ta...Read More
PNG Government not aware of Misima Mine Acquisition by OTML and Kingston
The Papua New Guinea Government has disclosed it was kept in the dark about a significant mining transaction involving Ok Tedi Mining Limite...Read More
K92 Mining Boosts PNG Economy with Major Tax Contributions
K92 Mining Ltd, the operator of the Kainantu gold mine in Eastern Highlands, reaffirmed its commitment to driving Papua New Guinea’s econom...Read More
PNG Showcases Mining Potential to Japanese Investors in Tokyo Seminar
Papua New Guinea’s mining industry was highlighted in Tokyo this week during the inaugural PNG Mining Seminar held at the Akasaka Intercity ...Read More
PNG's Northern Governor Juffa Opposes Seabed Mining, Demands Independent Environmental Review
Governor Gary Juffa of Northern Province has strongly opposed seabed mining in Papua New Guinea and is urging all MPs to demand a comprehens...Read More
Northern Governor Juffa Flags Surge in Foreign-Run Alluvial Mines in PNG
Papua New Guinea's Northern Province Governor Gary Juffa has raised red flags over the growing dominance of expatriates in alluvial mini...Read More
PNG to Transfer BCL Shares to Bougainville Government
The PNG Government is proceeding with the long-anticipated handover of its Bougainville Copper Limited (BCL) shares to the Autonomous Bouga...Read More
Papua New Guinea Nears Finalization of Porgera Mine Community Agreement
Papua New Guinea is closing in on the final stages of completing the community development agreement (CDA) for the Porgera mine, with Minin...Read More
PNG's Ok Tedi Mining Limited (OTML) Reports Strong Performance in 2024
Papua New Guinea – Ok Tedi Mining Limited (OTML) has announced outstanding operational and financial results for the year 2024, highlighting...Read More
Twinza and PNG Government Commit to Progress on Offshore Gas Project
The Papua New Guinea Government and Pasca A offshore gas project developer, Twinza, have reaffirmed their commitment to advancing the projec...Read More
Bougainville’s Panguna Mine Poised to Drive Economic Transformation with K120 Billion Potential
Bougainville Copper Limited (BCL) Executive Chairman, Mel Togolo, presented the company’s vision for the Panguna mine, emphasizing its pote...Read More
Pasca A Project in Papua New Guinea to Advance with $1.5 Billion Investment
The Pasca A Project, led by Twinza Oil and the Mineral Resources Development Corporation (MRDC) in Papua New Guinea, is set to advance in t...Read More
PNG's Ok Tedi Mining Limited Renews Special Mining Lease for 20 More Years
Port Moresby, April 24, 2024 - Ok Tedi Mining Limited (OTML) has announced the successful renewal of its Special Mining Lease (SML) 1 (0),...Read More
PNG Chamber of Commerce and Industry Sounds Alarm on National Gold Corporation Bill
The Papua New Guinea Chamber of Commerce and Industry (PNG Core) is raising red flags over the proposed National Gold Corporation Bill (2022...Read More
ICCC grants a conditional authorization to Geogas Pacific Pty Ltd for the sale of shares in Origin Energy PNG Limited
The Papua New Guinea Independent Consumer and Competition Commission (“ICCC”) whas announced that it has granted conditional authorization ...Read More
PNG Government to propose an Umbrella Agreement for Porgera Mine Stakeholders
The Papua New guinea government has announced that it would propose an umbrella agreement to the landowners, impacted communities and stakeh...Read More
OK Tedi Mine to Generate K19 billion for PNG in the next 11 years
The Ok Tedi Mine will generate over PGK19 Billion in dividends for the benefit of Papua New Guinea over the next 11 years, says Ok Tedi Min...Read More
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