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Mineral Resources Development Company
Mineral Resources Development Company Limited (MRDC) was established in 1975 and is 100% owned by the Government of Papua New Guinea. It was initially established as the State Nominee to acquire the State and Landowner equity interests in mining and petroleum projects and to manage the equity funds for landowner companies from the major resource development areas of PNG. However, the State's equity has since been transferred to Petromin PNG Holdings Ltd, so the focus of MRDC is now the management of the Landowner equity interests in both mining and petroleum projects. MRDC is governed by a board of directors, which is chaired bIsacc Lupariby virtue of his position as 'Chief Secretary' of the State. Since March 2008, the Managing Director of MRDC has beeAugustine Mano In October 2011, Mano's appointment was terminated by acting Prime Minister Belden Namah, upon allegations that the MRDC had made improper investments under his management. However, Mano was reinstated a week later by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Papua New Guinea
The politics of Papua New Guinea takes place in a framework of a parliamentary representative democratic multi-party system, whereby the prime minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ... is the head of government. Papua New Guinea is an independent Commonwealth realm, with the monarch serving as head of state and a Governor-General of Papua New Guinea, governor-general, nominated by the National Parliament of Papua New Guinea, National Parliament, serving as their representative. Executive power is exercised by the government. Legislative power is vested in both the government and parliament. Constitutional safeguards include freedom of speech, press, worship, movement, and association. The judiciary is independent of the executive and the legislature. Executive br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belden Namah
Belden Namah (born 30 December 1969) is a Papua New Guinea politician. He is a Member of the National Parliament of Papua New Guinea for the Papua New Guinea Party, representing Vanimo-Green since 2007. He served in Cabinet from 2007 to 2010 and as Deputy Prime Minister from 2011 to 2012. From 2012, he was an important member of the Parliamentary opposition. After retaining his seat in the 2022 election, he rejoined the government benches. Military career Namah originates from Vanimo near the border of Indonesia. He joined the military and graduated from Australia's Royal Military College Duntroon. He received training for a Special Forces Unit (SFU). During the Sandline affair he played a major role as one of the five PNG Defence Force officers who captured Tom Spicer, the leader of the mercenaries. The Sandline company of mercenaries were hired by the PNG government to recapture the Panguna mine on Bougainville island and quell the insurrection there. The SFU refused to c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter O'Neill
Peter Charles Paire O'Neill (born 13 February 1965) is a Papua New Guinean politician who served as the seventh Prime Minister of Papua New Guinea from 2011 to 2019. From 2002 until the present he served as Member of Parliament for Ialibu-Pangia. He occupied several positions as a Cabinet minister before being elected as Prime Minister. He is the leader of the Papua New Guinea National Congress. Towards the end of his tenure, he avoided a vote of no confidence by resigning his position, and was succeeded by James Marape as prime minister. O'Neill won the Ialibu-Pangia seat in 2022 in the first round with a large majority. This is unusual in PNG politics. Early life O'Neill was born on 13 February 1965 in Pangia, Territory of Papua, in the present-day Southern Highlands Province. His father, Brian O'Neill, was a magistrate of Irish Australian descent, while his mother, Awambo Yari, was of Papua New Guinean descent from the Southern Highlands. O'Neill's father moved to Papua Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orogen Minerals Limited
An orogenic belt, or orogen, is a zone of Earth's crust affected by orogeny. An orogenic belt develops when a continental plate crumples and is uplifted to form one or more mountain ranges; this involves a series of geological processes collectively called ''orogenesis''. Overview Orogeny typically produces ''orogenic belts'', which are elongated regions of deformation bordering continental cratons. Young orogenic belts, in which subduction is still taking place, are characterized by frequent volcanic activity and earthquakes. Older orogenic belts are typically deeply eroded to expose displaced and deformed strata. These are often highly metamorphosed and include vast bodies of intrusive igneous rock called batholiths. File:Active Margin.svg, Subduction of an oceanic plate beneath a continental plate to form an accretionary orogen. (example: the Andes) File:Continental-continental convergence Fig21contcont.gif, Continental collision of two continental plates to form a col ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Search Limited
Oil Search was the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operates all of Papua New Guinea's oilfields. In December 2021, it merged with the Australian company Santos. History Oil Search was founded in 1929. It was one of Papua New Guinea's largest companies, and in 2006 was responsible for 13% of Papua New Guinea's gross domestic product.Profile at official site It was publicly listed on the and s. It had a market capitalizat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allan Marat
Allan S. M. Marat CBE (born 28 September 1954) is a Papua New Guinean politician. He served as Minister for Justice and Attorney General in Prime Minister Michael Somare's Cabinet from August 2007 to May 2010. In May 2010, he publicly stated that major mining projects in the country brought little benefit to local communities, workers or businesses. He also "questioned legislation affecting the Ombudsman Commission". Prime Minister Somare consequently asked him to resign immediately, which he did. As a consequence of his resignation, Marat informed the Prime Minister that his Melanesian Liberal Party would "cut ties" with the government. He was replaced as Attorney General and Justice Minister by Ano Pala. He has also served previously as Deputy Prime Minister and Acting Governor-General. In August 2011, Peter O'Neill became Prime Minister in the wake of a parliamentary motion of no confidence in the government of Acting Prime Minister Sam Abal (standing in for Somare while the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In Papua New Guinea
Mining in Papua New Guinea is an important part of the Papua New Guinea economy. History Up until 1970, there was little mineral extraction in Papua New Guinea. Since the 1970s, mineral extraction has dominated the national economy. With the exception of the Ok Tedy Mine (copper-gold) almost all of the mining in PNG has been gold mining. The two largest gold mines are the Porgera (Enga Province) and Lihir (New Ireland Province) mines. In 2009, the Hidden Valley gold and silver mine (Morobe Province) commenced production. 2010 will see the start of production from the Ramu nickel-cobalt mine. All the mining activity that has taken place in the country since 1970 has produced approximately 5 million tonnes of copper between 1970 and 2007. The country produced 202,277 t of copper in 2003 compared to 211,315 in 2002, all of which was produced by the Ok Tedi Mine the most active mine in the country. The mine reported that 29.32 Mt of ore was mined (approximately 240,000 t/d mat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisations Based In Papua New Guinea
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, incl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1975
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable resources. The metals themselves are present ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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