Tag: Media Release

PNG has more Gold: PM

PNG has and estimated 100 (m) million ounces of gold that is yet to be mined according to the Prime Minister Hon James Marape. The PM revealed this when officially closing the Geoscience, Exploration & Extraction Conference 2024 yesterday at the APEC Haus in Port Moresby. He said based on…

Newmont Sponsors GEE 2024 Conference

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…

MRA Rewards Staff with Land Allotments

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…

PM Clears Air on K700M IDG Funds

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…