AGP Executive Report
Last update: 7 hours agoAlluvial Mining: Papua New Guinea’s small-scale miners produce about 90,000 ounces of gold a year, or 3% of gold exports. The MRA says curbing illegal mining and smuggling could recover lost revenue and foreign exchange while reducing environmental damage and unsafe work. Industrial Competitiveness: Commerce Minister Wake Goi used an international forum to promote stronger quality standards, MSME development and trade capacity—key foundations for expanding PNG’s industries and exports. Energy: The government says it is ready to move from renewable-energy policy to solar projects, especially for remote and island communities beyond the reach of the grid. Diversification: PNG is seeking investment in new industries through special economic zones, downstream processing and value-added production, while working toward a trade portal and national single window. Fuel Security: A regional briefing puts the Pacific’s extra fuel costs at NZ$935 million in six months, underscoring pressure on businesses and households and the case for renewables and energy efficiency.
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