AGP Executive Report
Last update: 6 hours agoGas Development: Robinson Energy has received an offer for a five-year licence over the Triceratops gas discovery, with a proposed US$52 million work programme including an appraisal well. Mining: K92 Mining reported Q3 production of 49,776 ounces of gold equivalent at its Kainantu mine, passing one million ounces since commercial production began. David Medilek will replace longtime CEO John Lewins, who becomes non-executive chair. Energy: PNG LNG has safely produced more than 100 million tonnes since 2014. Separately, Australian-backed solar projects are set to bring electricity to more than 66,000 people in Oro and Bougainville. Agriculture and Trade: A new PCR testing suite at PNG’s veterinary laboratory aims to speed detection of crop and animal diseases and strengthen export readiness. Economic Outlook: An IMF staff-level agreement could unlock up to US$189 million for PNG, as the Fund forecasts slower growth in 2026 amid flat LNG output and El Niño impacts.
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