Newmont Corporation Donates K1 million to Enga Earthquake Relief Efforts
Newmont Corporation will provide one million kina in monetary assistance to support Papua New Guinea’s response to the tragic 24 May landslide in Enga Province.
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 […]
PNG CORE CONGRATULATES OTML ON ITS SPECIAL MINING LEASE EXTENSION
Anthony Smaré, President of the Papua New Guinea Chamber of Resources & Energy (PNG CORE), on behalf of the PNG energy and resources sector, congratulates Ok Tedi Mining Limited (OTML) on the extension of its Special Mining Lease (SML) and its achievement in continuing to extend the life of Ok Tedi, one of the world’s […]
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. […]
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 […]