July 17, 2026

July 17, 2026

2026, General News, Latest News

MRDC Shares Wealth Management Experience in National Discussion on Sovereign Wealth

The Mineral Resources Development Company (MRDC) has shared lessons from five decades of managing resource wealth, contributing to the national conversation on how Papua New Guinea can maximise the long-term value of its natural resources.

Speaking during the Wealth Management session at PNG Resources Week 2026, MRDC Chief Operating Officer Vele Rupa said while MRDC and the proposed Sovereign Wealth Fund (SWF) are underpinned by similar principles—transforming resource revenues into long-term financial assets that continue to benefit future generations.

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