Saturday, February 28, 2015
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Papua New Guinea undoubtedly is a mining state, with mineral export revenues driving the economy and services in the country, with almost 7 million people spread over a land area of 462,840 km2, and a GDP of US $ 1900 per capita. It is endowed with vast natural resources in all sectors, in minerals, oil & gas, agriculture, forestry, and fisheries.

The mineral wealth of Papua New Guinea is the result of its geology; based on anomalies from past and current exploration efforts, it can offer to explorers the opportunity to multi element discoveries, including gold, copper, rare earth elements, nickel, cobalt, chromium, molybdenum, iron and platinum.

The mineral sector in Papua New Guinea is vibrant and progressive, with sector being by far the major contributor to the GDP, providing more than one third of government tax revenue, as well as royalties to landowners, dividends to equity holders, business development income, and many tangible benefits to host communities that would not otherwise be provided from any source.

Latest Updates

Anglo-American enters PNG mining industry

Mining Minister Hon Byron Chan has welcomed the new joint venture
Tuesday, February 17, 2015
Safety Alert

Grader & Light Vehicle (LV) Incident.
Monday, February 09, 2015


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