The Board of Mineral Resources Development Company (MRDC) today announced the appointment of Mr. Howard Lole as director elect, representing the Tuguba region of PDL1 (Petroleum Development License 1), to
This public notice serves to inform the project area landowners within the Hides Petroleum Development License 1 (PDL1) that Tuguba Region has reached 100% clan chairmen appointments. MRDC will now
In 2024, Mineral Resources Development Company (MRDC) launched a program to establish clan bank accounts and elect Directors to the Hides Petroleum Development Licence 1 (PDL1) Corporate Trustee. The program
Directors from Mineral Resources Development Company (MRDC) trust companies, senior MRDC and affiliate investments staff have undergone a two-day directors training facilitated by the PNG Institute of Directors (PNGID).
The training is part of MRDC’s ongoing commitment to build the governance capability of its directors across the MRDC group.
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.
K14.5B Assets Under Management 22 Managed Companies 50 yrs Serving Landowners 5yrs Consecutive Unqualified Clean Audits The tabling of MRDC’s 2024 Audited Financial Statements in Parliament by the Prime
Mauri Vele, a graduate geologist from the University of Papua New Guinea (UPNG) is finding the real-world working experience rewarding. Maure recently joined the Mineral Resources Development Company (MRDC) after
Doreen Kava, a geologist with the Mineral Resources Development Company (MRDC), plays a key role in supporting the organisation’s involvement in Papua New Guinea’s mining and petroleum sectors. Her work centres on reviewing and
Aspiring educator Nicholas Yawi is determined to improve learning outcomes in remote parts of Southern Highlands Province by using e-library facilities and digital education tools. Nicholas, who hails from Yanguri Village in
Today saw PNG Air’s Mangi Kutubu make its inaugural flight into Moro in Southern Highlands Province, marking the start of a new twice-weekly service commencing in July. The modern ATR 42-600 aircraft was acquired by Petroleum