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Michael Arnett has assumed executive responsibilities at New Guinea Energy Ltd, following the resignation of previous Chief Executive Officer Grant Worner.
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The National Executive Council has confirmed Philip Samar as the Managing Director of the Mineral Resources Authority. Samar has been acting in the position since 2012.
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Kumul Petroleum’s plan to manufacture large-scale infrastructure components for major resources projects in Papua New Guinea has … [Read More...]
To cater for growing global demand for organically-grown vanilla, Madang-based exporter Kamapin is expanding its support for Papua … [Read More...]
Papua New Guinea's Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, … [Read More...]
Investment and partnership opportunities were a focus at this year's 2023 Business Advantage Papua New Guinea Investment … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as at 30 January, 2024
USD 0.2672
AUD 0.4040
GBP 0.2104
EUR 0.2469
NZD 0.4353
JPY 39.39
SGD 0.3578Source: Bank of PNG
From the Business Advantage blog 
THE TIME AS COME FOR PNG GOVT TO SERIOUSLY COSIDER TO LEGISLATE A NEW ACT FOR OUR PRECIOUS AND MOST VALUABLE MINERALS-PNG NATURAL DIAMONDS AND GEMSTONES,IM ONE OF THE SELF THOUGHT PROSPECTOR/GEMOLOGIST,I FOUND PNG NATURAL DIAMONDS IN SOME PARTS OF PAPUA NEW GIUNEA AND MOBILISING ALL OTHER PROSPECTORS IN EAST/WEST SEPIK,WE HAVE REALLY SAMPLES OF THIS MINERALS.IF THE MINERAL RESOURCE AUTHORITY WOULD LIKE TO CONFIRM THIS I HAVE MOBILISED ATOTAL OF 100 PROSPECTORS AND KNOW SITES OF 100% DEPOSIT-WE ARE IN THE PROCESS TO BRING IT TO GOVT ATTENTION, STATEMENT BY JUSTIN.NAMBU CHAIMAN (CEO),KIPES DIAGEMPEL ASSOCIATION OF EAST SEPIK PROVINCE,YET TO REGISTER.