Amendments to Mining Act create Uncertainty for Private Sector Investment in PNG

The PNG Government has signalled that it favours public investment in the mining sector at the expense of private investment, according to the President of the Chamber of Mines and Petroleum, Gerea Aopi.  The amendments to the Mining Act, introduced in Parliament last week, and statements related to their introduction, will cause private sector explorers […]

Chamber Studying Impacts of Amendments to Resource Laws

The Chamber of Mines and Petroleum is surprised at the passing of the Mining (Amendment) Bill 2020, and Oil and Gas (Amendment) Bill 2020 in yesterday’s session of Parliament. The Chamber last engaged with government in January this year, with our Prime Minister and respective ministers of Mining and Petroleum, and a commitment was made […]

The Impact of Covid-19 on the PNG Resources Industry

The PNG Chamber of Mines and Petroleum is mindful of the significant economic importance of the industry and understands the impact coronavirus (COVID-19) is having on resource projects and exploration. The Chamber along with other Peak business bodies are working closely with the government to address the impact of COVID-19 on the sustainability of business […]

Resource Industry Working with Government to Minimize the Impact of COVID-19

The PNG Chamber of Mines and Petroleum has welcomed the Government’s proactive response to the global pandemic and is working closely with key government stakeholders to share the industry’s plans to protect their employees and local communities, whilst maintaining operations. As the industry representative, the Chamber is committed to the overall national response led by […]

Industry Awards Reinforces PNG Resource Industry Contributions and Importance

The PNG Chamber of Mines and Petroleum last night reinforced the importance of the resource industry to Papua New Guinea by recognising six outstanding initiatives driven by industry organisations towards the development of the country. These initiatives were recognised as part of this year’s Resource Industry Recognition Awards which was held in conjunction with the […]

Chamber welcomes Prime Minister Marape’s Vision Statement on Resources Sector

The Papua New Guinea Chamber of Mines and Petroleum has welcomed Prime Minister James Marape’s statement that successful mining and petroleum projects are crucial to his Government’s vision of greatly expanding the PNG economy and in improving living standards.   Mr Marape clarified his vision for the resources sector during a Business Breakfast today hosted by the Port Moresby […]

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