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 […]

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 […]

GOVERNMENT & INDUSTRY STRENGTHENS RELATIONSHIP AT CONFERENCE

IN PHOTO: (L-R) Moderator & Australian award-winning journalist Tracey Spicer, Prime Minister Hon. James Marape and PNG CORE President Anthony Smaré following the opening session of the 2023 PNG Resources & Energy Investment Conference. The 2023 Papua New Guinea Resources & Energy Investment Conference currently underway in Sydney Australia was officially opened by Prime Minister […]

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