Changes to Mining Legislation Will Endanger Small Businesses and Communities Throughout PNG
Papua New Guinea’s future is at the crossroads with the Government considering a range of changes to the Mining Act that will deter investment in long-term mining projects and jeopardise the future success of PNG’s small businesses and citizens. According to the 2019 World Bank Papua New Guinea Economic Update, one of the major risks […]
Resource Companies are Good Corporate Citizens
Papua New Guinea’s petroleum and mining companies have a proud record in corporate social responsibility, inclusive of regular and well documented payment of taxes and royalties to the National Government and other stakeholders. Government budget papers show that the nation’s two biggest corporations, Oil Search and Ok Tedi, helped underwrite the boost to PNG’s economic […]
Resource Industry Will Continue to Remain as PNG’s Strong Supporter
The mining and petroleum industry will continue to be the backbone of Papua New Guinea’s development contributing immensely to the development of the nation’s human resource, economy, infrastructure, and improving the livelihoods and living standards of thousands of communities’. The President of the PNG Chamber of Mines and Petroleum Mr Gerea Aopi said this when […]
Chamber Congratulates New PNG Prime Minister
The Papua New Guinea Chamber of Mines and Petroleum congratulates PNG’s new Prime Minister Honourable James Marape on his election today. Chamber President Mr Gerea Aopi CBE said the resource industry look forward to working with the new Prime Minister and his Government on matters concerning the resource industry. “On behalf of the Chamber, its […]
PNG Mining and Petroleum Conference and Trade Fair
PNG Mining and Petroleum Conference and Trade Fair
2018 PNG Mining & Petroleum Investment Conference
This Investment Conference was the first event to showcase PNG’s investment opportunities to the world and has provided an international audience with comprehensive information on PNG’s mining and oil and gas industry for over two decades.
Chamber Staff Spread Easter Joy to Children at Life PNG Care
Staff of the PNG Chamber of Mines and Petroleum staff today visited the Life PNG Care centre in Port Moresby to spread the love of Easter to the disadvantaged and vulnerable children at the centre. Food and basic items were donated to the centre including a cake which the staff shared with the children. Centre […]
Chamber Welcomes Plans for National Petroleum Authority
The PNG Chamber of Mines and Petroleum has welcomed the announcement by the Petroleum Minister, Dr Fabian Pok, that he will table a Bill on the proposed National Petroleum Authority (NPA) in Parliament this year. The Chamber President, Mr Gerea Aopi CBE, said it has been many years since the PNG Government agreed to establish […]
Uncertainty Over Mining Leases Could Threaten Economic Growth in PNG
The PNG Chamber of Mines and Petroleum today said that the continued success of existing projects and the development of new ones is critical to the future of Papua New Guinea. And that any significant delay in the renewal and extension of mining licences for the country’s biggest producing mines would have a detrimental effect […]
Employment & Growth Thanks to Mining & Petroleum
The PNG Chamber of Mines and Petroleum today welcomed a report by the World Bank that has forecasted that new large-scale resource projects could boost Papua New Guinea’s real Gross Domestic Product (GDP) to five percent this year. The World Bank last week released its February 2019 edition of the PNG Economic Update which outlined […]