Latest Papua New Guinea News

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Duratec Limited has delivered its strongest half-year performance to date, reporting record revenue and gross profit across its diversified engineering and construction services. The company’s investor briefing highlighted robust order books, strategic growth in Defence and Energy sectors, and expansion into new regional markets.
Victor Sage
Victor Sage
31 Mar 2026
Papua New Guinea’s Conservation and Environment Protection Authority has approved an updated Environment Permit for Geopacific Resources’ Woodlark Gold Project, enabling increased throughput and signalling strong government backing ahead of a key feasibility study.
Maxwell Dee
Maxwell Dee
31 Mar 2026
Duratec Limited’s subsidiary has secured a significant multi-million dollar contract to provide plug and abandonment services in Papua New Guinea, marking a strategic expansion in the energy services sector.
Victor Sage
Victor Sage
27 Mar 2026
St Barbara Limited has satisfied all conditions for its strategic Lingbao Gold Group transaction, targeting completion on 1 April 2026 with an anticipated A$0.5 billion gain on sale. Meanwhile, the Kumul Minerals deal awaits final PNG government approvals but is expected to close concurrently.
Maxwell Dee
Maxwell Dee
26 Mar 2026
Tolu Minerals has locked in a significant A$23.75 million investment from Indonesian heavyweights Petrindo and Petrosea, setting the stage for a major infrastructure push at the Tolukuma Gold Mine ahead of planned production in early 2027.
Maxwell Dee
Maxwell Dee
23 Mar 2026
LCL Resources has secured a transformative farm-in deal with Rio Tinto, which could see the mining giant earn up to an 80% stake in the promising Ono Project through substantial exploration funding and milestone payments.
Maxwell Dee
Maxwell Dee
23 Mar 2026
St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.
Maxwell Dee
Maxwell Dee
23 Mar 2026
Kina Securities Limited has updated its dividend announcement to include the Dividend Reinvestment Plan pricing details for the six months ending December 2025, offering shareholders clarity on payment and reinvestment options.
Claire Turing
Claire Turing
18 Mar 2026
Kina Securities Limited has launched its inaugural unsecured subordinated bond issue worth PGK 235 million, offering a fixed 7.55% coupon over 10 years, marking a significant step in Papua New Guinea's capital markets.
Claire Turing
Claire Turing
16 Mar 2026
Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.
Maxwell Dee
Maxwell Dee
13 Mar 2026
Kina Securities Limited reported a 20% increase in statutory net profit after tax to PGK 120.7 million for 2025, driven by strong revenue growth and loan book expansion. The bank declared a higher final dividend and anticipates continued earnings growth in 2026 amid favourable economic conditions and tax cuts.
Claire Turing
Claire Turing
27 Feb 2026
BSP Financial Group has reported a robust 12.9% increase in net profit for 2025, underpinned by strong revenue growth and strategic restructuring, including converting its Fiji branch into a wholly owned subsidiary.
Claire Turing
Claire Turing
20 Feb 2026