PNG GOLD MONITORING REGIME ONE OF STRONGEST IN THE WORLD
PNG CORE President Anthony Smaré said today that PNG benefits from one of the strongest gold production monitoring regimes in the world and PNG should feel proud of its current regime in place. “PNG’s mining industry adheres to a very rigorous standard and comprehensive scrutiny by government agencies to ensure transparency and accountability in gold […]
PNG CORE REINFORCES COMMITMENT TO TRANSPARENT RESOURCE GOVERNANCE THROUGH EITI IMPLEMENTATION
PNG CORE recognizes that transparent resource governance is essential for promoting sustainable development and fostering trust among stakeholders. By actively participating in the EITI process and embracing transparent reporting practices, we demonstrate our commitment to responsible resource management and good governance in Papua New Guinea’s extractive industries.
NATIONAL GOLD CORPORATION’S DUBIOUS NUMBERS
PNG CORE President Anthony Smaré has expressed great scepticism over the profit and revenue projections of the proposed gold refinery and mint project by the small Singaporean company Refinery Holdings Pte Ltd and their Papua New Guinean promoters, labelling the financial projections as “highly dubious” and not grounded in any realistic understanding of the refining […]
PNG CORE HIGHLIGHTS INDUSTRY SUPPORT FOR WORLD HEALTH DAY – “MY HEALTH, MY RIGHT”
In commemoration of World Health Day on April 7th, the Papua New Guinea Chamber of Resources and Energy (PNG CORE) reaffirms our unwavering commitment to promoting health and well-being within our nation. World Health Day serves as a poignant reminder of the critical importance of prioritizing health at both individual and societal levels.
GOLD MONOPOLY DISASTROUS FOR PNG
The proposed National Gold Corporation Bill 2022 will effectively create a Gold Monopoly which will be disastrous for PNG’s mining sector and the economy of Papua New Guinea. The Bill aims to implement a shareholder agreement signed between the National Government and a small Singaporean company, Refinery Holdings Pte Limited.
NATIONAL GOLD CORPORATION BILL WILL BE DESTRUCTIVE TO PNG’S SOVEREIGNTY AND ECONOMY
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) has written to the Prime Minister requesting urgent consultations on the serious negative impacts of the proposed National Gold Corporation Bill on existing mining projects, grassroots alluvial gold miners, PNG’s financial sector, the Bank of PNG, the Mineral Resources Authority (MRA), the police and […]
GOVERNMENT COMMITS TO CLOSER CONSULTATION, WITH STAKEHOLDERS BEFORE IMPLEMENTING MAJOR GOVERNMENT REFORMS – PSA NOT TO APPLY TO MINING
IN PHOTO: PNG Minister for Petroleum & Energy, Hon. Kerenga Kua presenting at the 2023 PNG Resources & Energy Investment Conference. Any major government policy reforms in the mineral resources and energy space in Papua New Guinea, will be done in consultation with industry. This was the assurance by Minister for Petroleum & Energy, Hon. […]
MRDC and ExxonMobil Sign Jet Fuel Technical Services Agreement
IN PHOTO: (L-R) ExxonMobil PNG Limited Chairperson and Managing Director Ms. Tera Shandro and Mineral Resources Development Company Managing Director & CEO Augustine Mano signing the agreement. Representatives for the Mineral Resources Development Company (MRDC) and an ExxonMobil subsidiary signed a Jet Fuel Technical Services Agreement on the sidelines of the 2023 Papua New Guinea […]
ARE PNG BUSINESSES READY FOR THE NEXT BOOM?
The final day of the PNG Resources & Energy Investment Conference themed as “PNG companies getting ready for the boom”. As stated by the PNG CORE President Anthony Smaré, “Witnessing the missed opportunities by PNG companies with the first LNG project in the early 2010s, it is my fear that PNG Companies, and companies operating […]
Exhibition highlights from Day Two of the 2023 PNG Resources & Energy Investment Conference
