Papua New Guinea PM Marape Orders Review of Mining Agreements Amid Record Commodity Prices
Papua New Guinea Prime Minister James Marape has ordered a review of all mining agreements in the country in light of record increases in global commodity prices for gold, silver, and copper. He stressed that this rise presents an opportunity for Papua New Guinea to secure fair and equitable returns from its natural resources.
Theia Market Signal Identification - AI AssistedPublished Feb 1, 2026
Prime Minister James Marape has instructed the Treasury Department and the Internal Revenue Commission to review all mining agreements in Papua New Guinea. This directive follows recent record increases in global prices for gold, silver, and copper. The Prime Minister emphasized that the rise in commodity prices provides an opportunity for the country to obtain fair and equitable returns from its natural resources.
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