INDUSTRY & GOVERNMENT JOIN FORCES AT PDAC 2025

The PNG Chamber of Resources & Energy (PNG CORE), in collaboration with the Mineral Resources Authority (MRA), participated in the 2025 Prospectors & Developers’ Association of Canada (PDAC) convention, held in Toronto, Canada, from March 2-5.

PDAC is the world’s largest mining conference, attracting over 27,000 delegates and featuring more than 1,100 exhibition booths.

PNG CORE stated that the combined booth of MRA and PNG CORE was supported by expert geologists and industry executives who spent three and a half intense days engaging with the international investment community.

They addressed concerns and attracted significant investment interest to Papua New Guinea.

“PNG CORE is grateful for the participation of the Minister for Mining Wake Goi (MP), and the Assistant Minister for Mining, who attended and participated in several government-to-government meetings, fostering mutually beneficial interests between respective countries.

“While it is impressive to attend the world’s largest mining conference, I realize that the PNG Investment Week offers more engagement, networking, and relationship-building opportunities.

This sentiment was shared by other participants who attended both events.

“We believe that many of these investors may attend the PNG Investment Week in Sydney in December this year to further explore their interest in investing in the PNG mining sector or servicing the mining sectors,” said PNG CORE Events Chair and Councilor Mark McMonagle.

The industry acknowledges the challenges faced in recent years, including a decline in exploration activities and concerns over the depletion of mineral resources.

These issues highlight the importance of attracting new investments and revitalizing interest in PNG’s mining sector.

PNG CORE recognizes the value of industry working closely with the government to address these challenges.

“Collaborative efforts are essential to overcoming obstacles and ensuring the sustainable development of the mining sector.

PNG CORE’s participation in PDAC aligns with its strategic direction to promote investment through events, knowledge sharing, and convening.

This initiative demonstrates the collaborative efforts of MRA and PNG CORE to show investors worldwide that industry and government are working together to promote the industry for the benefit of PNG’s people and its investors,” PNG CORE said.