Economic growth in Pacific island nations is expected to hold steady this year but slow slightly in 2026, according to the Asian Development Bank’s latest Asian Development Outlook (ADO) released 23 July, 2025. The ADB maintained its 2025 growth projection for the Pacific at 3.9 percent, while the 2026 forecast has been adjusted downward to 3.5 percent...

Canadian miner Lion One Metals Ltd. posted a strong quarter with record performance and C$16.3 million (US$11.9 million) in revenue from its Tuvatu Gold Mine in Fiji, supported by higher gold prices, increased recoveries and strong mill output. In a quarterly update, the Vancouver-based firm said it sold 3,577 ounces of gold and 1,233 ounces of silver ...

Port Moresby – Australian gold miner St Barbara is reporting encouraging results from its recent drilling efforts at its Simberi operations in Papua New Guinea, where the company has found more gold mineralization and sulphide-rich rock directly beneath existing open-pit mines. The new discoveries come from a large-scale drilling programme aimed at ext...

BOULOUPARIS, New Caledonia — Christopher Gygès, member of the New Caledonia government responsible for energy, led the launch of several renewable energy projects in Boulouparis on Friday, 18 July at 10 a.m. at the TotalEnergies Renouvelables Pacific site. Joined by Pascal Vittori, mayor of Boulouparis, as well as representatives from TotalEnergies Ren...

Suva, Fiji – JMR Infotech, a global leader in core banking and digital technology solutions, convened the Pacific’s top financial minds for the JMR CXO Dialogue – Fiji 2025, held in the first week of July at the Tanoa Plaza Hotel in Suva. Themed “The Future of Financial Services in the Digital Age,” the Dialogue offered an important platform for Fijian...

SUVA, Fiji — The South Pacific Stock Exchange (SPX) has announced its admission as a member of the United Nations Sustainable Stock Exchanges (UN SSE) initiative, joining a global network of more than 130 exchanges working together to promote sustainable development. The move signals SPX’s strong commitment to advancing sustainable finance and responsi...

Honiara, Solomon Islands, June 26, 2025 — The Tina River Hydropower Development Project last week welcomed senior representatives from the Asian Development Bank (ADB) and the World Bank for a joint site visit to see firsthand the momentum building behind Solomon Islands’ first large-scale renewable energy project. The high-level delegation, which incl...

TOARE, Gulf Province — The Toare Mask Festival has been successfully revived through a collaboration between TotalEnergies, the National Cultural Commission (NCC), and the Gulf Provincial Government. The two-day cultural event, held on 12-13 July, marked the 20th anniversary of the festival and the official opening of the Toare Cultural Centre. First e...

SUVA, Fiji — Climate change is already shaking the foundations of Pacific communities, and world leaders need to see that for themselves, Fiji’s Deputy Prime Minister and Finance Minister Biman Prasad said Wednesday as he threw his support behind Australia’s bid to co-host COP31 with the Pacific. “Climate change is the single greatest threat to our peo...

LAMI, Fiji — 14 July 2025 — Fiji is opening its doors to new investment, calling on New Zealand businesses to partner in building the country’s cold chain logistics and expanding into value-added agriculture and eco-tourism. Speaking at the Fiji Business Mission hosted by the New Zealand Fiji Business Council in Lami, Deputy Prime Minister and Minister...

HONIARA, Solomon Islands — 9 July 2025 — One of Honiara’s most recognisable landmarks is preparing for a bold new chapter, as King Hotel and Resorts Limited (KHRL) embarks on a $45 million redevelopment of the King Solomon Hotel. A joint venture between the Solomon Islands National Provident Fund (SINPF) Board and the O’Neill Remington Group (ORG), KHR...

HONIARA, Solomon Islands — Steady progress is being made on the new Honiara Aviation Complex Building, a key infrastructure component under the Second Solomon Islands Roads and Aviation Project (SIRAP2). The initiative is being implemented by the Ministry of Communication and Aviation (MCA) with support from the World Bank. The contractor, China Railwa...

AUCKLAND, New Zealand— The Oceania Renewable Power Summit is set to return on 16–17 September 2025, bringing together the region’s leading voices in clean energy to address the theme: “Mastering Renewable Generation, Deployment, and Integration.” Now in its second year, the two-day conference and exhibition has fast become a key platform for driving re...

Prime Minister James Marape has announced a landmark development in Papua New Guinea–United States relations, following a historic first-ever bilateral meeting at the White House between a sitting Papua New Guinean Prime Minister and a US Vice President. This milestone meeting, held during Prime Minister Marape’s official visit to Washington D.C., took...

PORT MORESBY — Ok Tedi Mining Limited (Ok Tedi) is pleased to announce it has received clearance from Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) for its purchase of the Misima Gold Project from Kingston Resources Limited (Kingston). This approval completes all conditions precedent required to finalise the transaction. On ...

The Bank of Papua New Guinea (BPNG) has submitted its 2024 Annual Report and Financial Statements to the Minister for Treasury, in accordance with the Central Banking (Amendment) Act of 2024. The report captures a pivotal year marked by structural reform, digital innovation, monetary tightening, and renewed focus on institutional integrity. The timely ...

HONIARA, Solomon Islands — Prime Minister Jeremiah Manele has laid out a comprehensive development blueprint for the Solomon Islands under his newly formed Government for National Unity and Transformation (GNUT), anchored on four core pillars: unity and stability, economic transformation, infrastructure development and human capital growth. Addressing ...

The New Caledonian government is intensifying efforts to adapt to climate change as the Pacific territory experiences increasingly severe impacts, from rising sea levels and wildfires to extreme heat and flooding. Climate scientists have confirmed that 2024 was the hottest year on record, and with global temperatures having already risen over 1.3 Degre...

Minister for International Trade and Investment Richard Maru has declared his full support for the proposed 90-megawatt Kaugel Hydropower Project in the Southern Highlands Province, calling it a “transformational project of highest national priority.” “The proposed K2.5 billion (USD 625 million) project, which will take four years to construct, has my ...

More than 350 human resources professionals in Port Moresby have received much-needed financial literacy training through a partnership led by PNGX Group Ltd, Comrade Trustees Services Ltd (CTSL) and the PNG Human Resources Institute (PNGHRI). The most recent session, held on Friday, 4 July, drew over 220 PNGHRI members from various industries. It foll...

Canadian firm K92 Mining Inc. has reported a solid second-quarter performance for 2025, producing 34,816 ounces of gold equivalent (AuEq) and initiating commissioning of its new 1.2 million tonnes-per-annum (Mtpa) Stage 3 Process Plant at the Kainantu Gold Mine in Papua New Guinea. The Q2 output represents a 43% jump compared to the same period in 2024...

Fiji and Tonga reaffirmed their long-standing friendship and shared regional aspirations during a high-level courtesy call by His Majesty King Tupou VI on the President of the Republic of Fiji, Ratu Naiqama Lalabalavu. The meeting, held in Suva, underscored the enduring partnership between the two Pacific Island nations, with both leaders expressing st...

The blockade of the Népoui mining site in New Caledonia, which began on Monday, June 30, is now being lifted, signalling a significant breakthrough in talks between Société Le Nickel (SLN) and the customary authorities of the Ouaté tribe. The lifting of the blockade follows discussions initiated in recent days and reflects SLN’s willingness to reopen d...

Expected to draw hundreds of leaders and stakeholders from across the region, the Pacific Infrastructure Conference 2025 will centre its discussions on accelerating sustainable infrastructure delivery, bridging financing gaps and advancing climate-resilient development across Pacific Island nations. Set to be held in Brisbane, the conference will bring...