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AGP Executive Report

Last update: 8 hours ago

Energy & Industry Leadership: PNG CORE appoints Richard Kassman as executive director, tapping his long career across energy, governance and stakeholder engagement. LNG & Investment Pipeline: Prime Minister Marape leads a Kikori visit ahead of the Papua LNG Development Forum, signalling a decade-long construction and production run tied to Papua LNG and follow-on projects. Mining Revenue: Porgera dividends reach about K1.7 billion, with Marape citing the renegotiated JV structure and outlining broader resource-sector updates. Gold Exploration: K92 expands high-grade Arakompa zones with new drilling results ahead of a maiden resource estimate mid-2026. Timber Governance: PNGFA pushes strong stakeholder coordination to implement the timber legality standard and roadmap for a timber legality verification system. Infrastructure Spend: Government reports K11.93b spent on roads, bridges, airports and other infrastructure since 2019, with K17.5b allocated over seven years. Connectivity & Costs: Research finds mobile internet prices in PNG stayed stable through 2025 amid ongoing cable build-outs. Fuel Relief: PNG keeps June fuel prices at March levels under the Fuel Relief Assistance. Water & EU Funding: EU and EIB back a Water Wise Communities project to expand drinking-water access for 400,000 people. Agribusiness & Jobs: NVS plans volunteer deployment in Central Province to support cocoa, coffee and other cash-crop extension via LLGs. Disaster & Food Security Risk: A 7.8 quake and tsunami hit the southern Philippines, while PNG faces coastal disruption from floating pumice in Manus that threatens fishing and supplies. Marine Conservation: PNG moves to protect 200,000 km² of ocean in western Manus with a total fishing ban, aiming for a major sanctuary.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 1, 2026

Energy Today and QED Connect eye Zijin Mining deal and Colombia expansion

EIN Presswire

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May 4, 2026

B2i Digital sets May 5-7 investor conference on precious metals and critical minerals

EIN Presswire

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Apr. 28, 2026

Charlene Fried wins IAOTP's Elite Professional Award in Education

EIN Presswire


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Deep-sea mining and geopolitics: Can Pacific nations maintain control as global powers race for seabed minerals?

Deep-sea mining and geopolitics: Can Pacific nations maintain control as global powers race for seabed minerals?

Papua New Guinea prepares legal framework for verifiable credentials

Papua New Guinea prepares legal framework for verifiable credentials


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Jun. 4, 2026

K92 Mining Announces Major Expansion of Arakompa AR1 High-Grade Zone and Delineation of Substantial Near-Surface High-Grade Bulk Tonnage Zone

GlobeNewswire, Inc.

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May 26, 2026

High Arctic Overseas Announces Intention to Recommence Drilling Activity in Papua New Guinea

GlobeNewswire, Inc.

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Jun. 1, 2026

Energy Today (NRGT), QED (QEDN) announced meeting with biggest Chinese Mining company and presidential results Colombia

EIN Presswire

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Jun. 2, 2026

K92 Mining Releases 2025 Sustainability Report: Delivering Sustainable Value

GlobeNewswire, Inc.

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May 20, 2026

High Arctic Overseas Announces engagement as Authorised Distributor for Atlas Copco Power Technique products in Papua New Guinea

GlobeNewswire, Inc.

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May 29, 2026

K92 Mining Announces Voting Results of Annual General Meeting of Shareholders

GlobeNewswire, Inc.

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