SMARÉ: PNG ALREADY HAS A PNG-OWNED GOLD REFINERY, NATIONAL MINT AND NATIONAL BANK
PNG already has a gold refinery, national mint and national bank says Anthony Smaré,President of PNG Chamber of Resources & Energy (PNGCORE) so PNG does not need to go to a tiny Singaporean company Refinery Holdings Pte Ltd to replace them in a deal which could render catastrophic damage to the PNG economy and financial […]
KUMUL MINERALS HAS FINANCIAL AND TECHNICAL CAPACITY TO UNDERTAKE GOLD REFINING IN PNG
PNG Chamber of Resources and Energy (PNG CORE) President Anthony Smaré has questioned why Refinery Holdings Limited of Singapore is being preferred over Kumul Minerals to build and operate a new gold refinery in PNG. In his information briefing to the business community last week, Mr Smare outlined the lack of financial resources, gold experience […]
GOVT MUST CONDUCT SUBSTANTIAL NATIONAL AWARENESS ON NGC BILL’S 966 CLAUSES AND IMPACTS BEFORE ASKING FOR FEEDBACK
PNG Chamber of Resources and Energy (PNG CORE) President Anthony Smaré has called for theState to conduct a 6-month extensive consultation nationally with all impacted stakeholders on the NGC Bill given its extremely negative consequences, in a letter delivered to the Minister of Mining and copied to Prime Minister Hon. James Marape and Deputy Prime […]
PNG CORE Announces Establishment of Asia Pacific Sub-Committee
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is pleased to announce the establishment its Asia Pacific Sub-Committee, an innovative step forward in promoting diversity, inclusion, investments and strengthened relations within the resources and energy sector between PNG and the economies of Asia. This groundbreaking initiative aims to foster increased representation and […]
Gold Bill’s restriction of Central Bank independence in production of national currency spells disaster for PNG
Anthony Smaré has warned that the provisions of the Gold Bill (National Gold Corporation Bill 2022) which restrict the independence of the Bank of PNG in issuing national currency will be catastrophic for the PNG economy, leading to a scenario of uncontrolled inflation and significant deterioration of the PNG kina. The Morauta government’s reforms in […]
INDUSTRY PARTNERSHIP WITH PNGUOT PRODUCING RESULTS
The mineral resources & energy sectors in Papua New Guinea continue to support the next generation of industry workforce. Through industry’s support, all 2023 final year students were able to complete their PWE, which enabled them to graduate in April 2024. According to Head of School of Mining Engineering at the Papua New Guinea University […]
PNG CORE WELCOMES SCAL AS SERVICE MEMBER
The PNG Chamber of Resources and Energy (PNG CORE) is pleased to welcome on board Southern Cross Assurance Limited (SCAL) as its newest service members. SCAL is a PNG-owned company aiming to extend its reach into offering their insurance products and services to safeguard businesses operating in the resources and energy sector. When receiving their […]
PNG CORE WELCOMES GREAT GOLD TO ITS MEMBERSHIP
The Papua New Guinea Chamber of Resources & Energy (PNG CORE) is pleased to announce Great Pacific Gold as its newest member to the Chamber. Great Pacific Gold recently entered into an amalgamation agreement with Tinga Valley Copper & Gold Corp. (“Tinga”) to acquire a highly prospective Papua New Guinea copper-gold project called the Tinga […]
We’re Hiring: Finance & Admin Officer
Join the Team at the PNG Chamber of Resources & Energy (CORE) Who We Are: The PNG Chamber of Resources & Energy (CORE) is a distinguished non-profit industry association at the forefront of representing the Mineral Resources and Energy sectors in Papua New Guinea. Our commitment extends beyond just advocacy, as we strive to shape […]
PNG CORE ANNOUNCES INAUGURAL PNG RESOURCES WEEK, 1 – 4 JULY 2024
The resources and energy industry sustains the PNG economy, providing economic opportunities and social benefits to millions of Papua New Guinean stakeholders, in addition to contributing over 80% of PNG’s exports and over 25% of PNG’s GDP. It is appropriate that there be an annual event to bring all stakeholders together to celebrate the gains, […]