Latest Papua New Guinea News

St Barbara Limited’s latest Feasibility Study confirms the Simberi Expansion Project as a long-life, low-cost gold and silver operation with robust economics and a 13-year mine life. The project promises over 2 million ounces of gold production and competitive costs, pending key regulatory approvals.

Tolu Minerals Limited has revealed significant progress at its Tolukuma Gold Mine in Papua New Guinea, targeting resource expansion and first production by mid-2026. The company’s extensive drilling campaign and new infrastructure promise to reshape its growth trajectory.

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.

Pacific Lime and Cement Limited has secured a strategic partnership with global construction giant PowerChina to accelerate development of its Orokolo Bay Industrial Sands Project in Papua New Guinea, targeting production by 2026.

PeopleIN Group reported a challenging FY25 with revenue down 6.5% and EBITDA down 10%, yet strengthened its balance sheet through debt reduction and a strategic sale. The company is poised to capitalise on Queensland's infrastructure boom and Defence sector opportunities.

Bougainville Copper Limited reveals complications in its Panguna Project partnership efforts following the Autonomous Bougainville Government's unexpected MOU with Lloyds Metals and Energy Limited.

St Barbara Limited reports solid progress on its Simberi Expansion Project and Atlantic 15-Mile Processing Hub, with key milestones reached and strategic options under review.

Geopacific Resources has extended the Woodlark Gold Project Definitive Feasibility Study to Q1 2026, aiming to integrate optimisation and de-risking measures amid a gold price surge and promising drilling results.

Augustus Minerals has expanded gold anomalies at its Music Well project in Western Australia through extensive soil sampling, prioritizing Clifton East for upcoming drilling. The discovery of new undercover targets signals promising exploration upside in a prolific gold region.

Augustus Minerals has applied for a significant exploration licence in Papua New Guinea’s Vanapa River region, positioning itself within one of the world’s richest gold-copper belts while progressing its Mt Kare project.

Tivan Limited has revealed promising high-grade copper and gold mineralisation from its maiden surface sampling at the Turiscai Project, marking a significant step in its Timor-Leste exploration strategy.

Tolu Minerals has appointed Dr Chris Muller as Managing Director and CEO, signaling a strategic push towards ramped-up exploration and resource development in Papua New Guinea.