The PNG Chamber of Mines and Petroleum is encouraging more landowner and local companies to diversify their operations, and expand outside of project areas to be more competitive and sustainable.
Speaking at the ABAC MSME & Innovation Summit in Port Moresby on 11 September, President of the PNG Chamber of Mines and Petroleum, Mr Gerea Aopi CBE said the resource industry had helped to establish many of PNG’s micro, small and medium enterprises (MSMEs) which now employ more than 20,000 people across the country, with significantly more jobs created by other PNG local companies that rely on the resource industry.
The PNG Chamber of Mines and Petroleum has congratulated PNG on its 43 years of Independence and says as the country continues to prosper, the mining and petroleum industry will continue to play an integral part in the nation’s development.
The PNG Chamber of Mines and Petroleum has welcomed the release of the official Statement of the 6th Meeting of the APEC Ministers Responsible for Mining Meeting, following the Ministers’ meeting in Port Moresby on August 23.
The mining and petroleum industry has been the backbone of Papua New Guinea’s economy for many years with the ongoing success of mining and petroleum projects establishing the country as a prime destination for investment and exploration.
The PNG Chamber of Mines and Petroleum has commended APEC Ambassador Ivan Pomaleu and Australian High Commissioner to Papua New Guinea Bruce Davis for including a discussion on mining as part of the APEC Discussion Series at the University of PNG.
The PNG Chamber of Mines and Petroleum has today congratulated Mining Minister Johnson Tuke on successfully hosting a constructive dialogue between industry and APEC economies during the 6th APEC Ministers Responsible for Mining Meeting (MRMM) taking place in Port Moresby.
MORE than 80 delegates from mining and petroleum projects around Papua New Guinea, including Government agencies, landowner companies, and community-based organisations converged in Port Moresby on August 22 for the two-day Community Affairs and Business Development Workshop organised by the PNG Chamber of Mines and Petroleum.
The mining and petroleum resource industry continues to be a key contributor to Papua New Guinea’s development goals, says the PNG Chamber of Mines and Petroleum.
The industry contributed over 26% of PNG’s Gross Domestic Product and around 80% of the nation’s export revenue valued at K23 billion (approximately US$7.3 billion) as of September 2017.
The industry also directly employs over 20,000 people, with significantly more working in other sectors dependent on the industry, including landowner businesses. Read More
The mining and petroleum industry in PNG continues to help many Papua New Guineans grow and trade sustainable, healthy and affordable food, according to the PNG Chamber of Mines and Petroleum. As delegates from around the world meet in Port Moresby this week for the APEC Food Security summit, communities across PNG are benefiting from a range of agricultural initiatives developed and implemented by the resources industry to boost agriculture in project areas.
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The Chamber of Mines and Petroleum wishes to congratulate the mining sector for recording no fatalities at work in 2017 – a record that has not been achieved since 2008.
The figures released by the Mineral Resources Authority (MRA) yesterday saw the Fatality Frequency Rate (FFR) reported as zero, confirming there was no loss of lives at any of the regulated mining projects in Papua New Guinea last year. Read more