PORT MORESBY: Prime Minister Hon James Marape, through the Managing Director of the Mineral Resources Authority (MRA) Jerry Garry, today officially opened the Geoscience, Exploration & Extraction (GEE) Conference 2024. The three-days (Aug 7-9) conference organized by the MRA is being staged at the APEC Haus in Port Moresby. PM…
Lae, Papua New Guinea, August 2, 2024 – Prime Minister Hon. James Marape, announced on Friday, August 2, 2024, that the State Negotiating Team (SNT) is actively engaged in discussions with Wafi-Golpu mine developers Newmont and Harmony, with the aim of finalising the Mine Development Contract (MDC). This critical step…
Lae, August 2, 2024 – Prime Minister Hon. James Marape on Friday, August 2, 2024, presented a K50 million Infrastructure Development Grant (IDG) to Wafi-Golpu landowners and the Morobe Provincial Government. He emphasised that this is not “free” money but funds intended for infrastructure projects in the six impacted areas…
PORT MORESBY: The Mineral Resources Authority (MRA) has condemned the killing of a Chinese national, and the wounding of another Chinese man, at an Alluvial Mining site in the Wau-Waria District of Morobe Province on July 28, 2024. The incident which also resulted in the burning down of two excavators,…
PORT MORESBY: Newmont Corporation yesterday, announced a Bronze category sponsorship of the Geoscience, Exploration & Extraction Conference (GEE) 2024, which will be held on August 7-9. Newmont’s Country Manager Stanley Komunt, announced the sponsorship in a small ceremony at the Mining Haus, where he presented a dummy cheque to the…
PORT MORESBY: Eighteen Mineral Resources Authority (MRA) staff members have been rewarded for serving the institution and the country, for 15 consecutive years, and for exceptional performances. The once in a life-time rewards have come in the form of fully serviced residential land allotments, with dimensions ranging from 450-500 square…
Enga Governor Hon Grand Chief Sir Peter Ipatas, has urged landowners of the new Porgera Mine, to find a balance in the current Community Development Agreement (CDA) negotiations, and have the agreement signed in a timely manner. He said the operator New Porgera Limited (NPL), had already started mining and…
Prime Minister Hon James Marape, has provided clarification on the K700 million commitment from the National Government to the Porgera Special Mining Lease (SML) landowners, that it is an Infrastructure Development Grant (IDG), and not cash benefit. The PM made this statement this week in Wabag, in response to the…
Prime Minister Hon James Marape said Papua New Guinea will benefit from a total economic value chain of 53 % from the new Porgera mine, in the first 10 years of the total of 20 years of the mine’s operations. He said this when addressing parties to the Porgera project…
An update of PNG’s Mining Sector by the Managing Director of the MRA, Mr Jerry Garry at the Canconex 2024 conference. https://youtu.be/wRuq33f0GJg Download PDF