Latest Papua New Guinea News

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

Augustus Minerals has expanded its gold exploration footprint at Music Well and is preparing for drilling, while progressing key licence applications in Papua New Guinea. Leadership changes and financial positioning signal a pivotal phase ahead.

St Barbara Limited has secured a crucial extension of its mining lease for the New Simberi Gold Project until 2038, setting the stage for strategic investments and a significant production increase.

St Barbara Limited reports strong feasibility outcomes for its New Simberi Gold Project and Nova Scotia developments, backed by significant strategic investments and regulatory approvals.

Tivan Limited has reported fresh copper-gold mineralisation at its Turiscai Project in Timor-Leste, alongside nearing completion of strategic acquisitions at Baucau and Ossu. These developments mark significant progress in the company’s regional exploration ambitions.

Gold Mountain Limited has delivered a transformational quarter, confirming significant rare earth and lithium mineralisation in Brazil and securing $3.57 million in fresh capital to advance exploration.

Gold Mountain Limited has agreed to sell its Papua New Guinea exploration licences for $2 million, redirecting funds to advance its promising Brazilian projects and strengthen working capital.

Gold Mountain Limited has reported strong assay results from diamond drilling at its Irajuba IR-1 prospect in Brazil, extending known rare earth mineralisation beyond previous targets with notably high magnet rare earth oxide content.

Taruga Minerals reports rock chip assays up to 23.2 g/t gold from its maiden due diligence visit to the Weioko gold district in Papua New Guinea, confirming a robust epithermal gold system with promising exploration upside.

Augustus Minerals has secured heritage approval for drilling at its Music Well Gold Project, paving the way for a maiden 1,000-metre drilling campaign targeting the promising Clifton East prospect in early 2026.

Monadelphous Group Limited has secured approximately $110 million in new contracts spanning resources, energy, and renewable sectors, reinforcing its foothold across Australia and Papua New Guinea.

Kalamazoo Resources has appointed Adam Garczynski to lead the Mt Olympus Pre-Feasibility Study and completed the first diamond drill hole at its Ashburton Gold Project, marking key progress in its 2026 development plans.