Papua New Guinea
Papua New Guinea (PNG) is an important producer of gold, copper, nickel, silver, cobalt, petroleum, and natural gas. During 2018, eight mines were operating in PNG and four mines in advanced stages of pre-production. The mining sector contributes considerably to PNG government revenues, mainly through the Mining and Petroleum Tax. In 2018, it contributed to 10.1% of total government revenues. The PNG mining sector scores weak in the Resource Governance Index 2017.
- Natural gas
What Are We Doing in Papua New Guinea?
Starting in September 2019, we began working on a long-term engagement program in partnership with PNG’s Minister of Mines, the Internal Revenue Commission (IRC), the Mineral Resources Authority, and the Treasury.