Port Moresby, Tuesday, 22 April 2025 – Prime Minister Hon. James Marape has directed the immediate finalisation of the Community Development Agreement (CDA) for the Porgera Mine, calling on all stakeholders to conclude the process without delay so that long
overdue benefits can begin flowing to landowners and the nation.
The CDA forms the final component of the Porgera Project Commencement Agreements, and the Prime Minister has instructed the Minister for Mining, Hon. Rainbo Paita, to lead its completion in close coordination with the Enga Provincial Government, the Mineral Resources Authority (MRA), and affected landowner groups.
“Our landowners have waited long enough,” said Prime Minister Marape. “With gold prices now over US$3,400 per ounce — up from US$1,536 when we signed the new Porgera deal — we must conclude the CDA and protect the mine so benefits reach our people faster.”
Under the new agreement, landowners and Enga Province will receive a 15% equity share (up from 5%) and 3% royalty (up from 2%), with no deductions. Taxes will be paid upfront, ensuring immediate returns. According to the Prime Minister, these changes represent a 300% increase in direct benefits compared to the previous mining arrangement.
“This is the most beneficial benefit-sharing agreement we’ve ever secured as a country since 1975,” he said. “If we protect and preserve the mine, all stakeholders will begin receiving the full benefits—including equity—much sooner than expected.”
To safeguard the project, the Government will begin National Identification (NID) registration of all landowners, enforce a zero-tolerance policy for illegal mining, and implement a comprehensive resettlement plan. New law enforcement infrastructure will include a holding facility in Porgera and the development of Mukumanda Jail, while early investments in roads, law, and justice services are also planned.
“Everyone living or operating in Porgera must do so lawfully. There will be no room for illegal activities around the mine,” the Prime Minister warned. “Trespass will carry serious consequences.”
Prime Minister Marape commended landowner factions for halting conflicts andencouraged continued unity.
“I commend those who’ve chosen peace over conflict. Let’s complete this CDA together—transparently and fairly—for the benefit of all.”
He also acknowledged Barrick Gold and CEO Mark Bristow for honouring the agreement, noting that PNG did not pay any upfront capital to restart the mine, and now holds four board seats in the joint venture company.
“We’ve taken back control. Barrick has supported our equity model with a total of 51% equity for PNG beneficiaries, including the 15% referenced earlier, and the mine is now producing. Now, we must finish the final leg.”
On the Wafi-Golpu project, the Prime Minister said the Government is awaiting formal feedback from Harmony Gold and Newmont Corporation on PNG’s final position. Once confirmed, he will brief stakeholders and landowners accordingly. “We want to deliver the
SML at the earliest.”
As Papua New Guinea approaches 50 years of Independence, Prime Minister Marape said these new resource agreements reflect the Take Back PNG agenda in action.
“This is how we define PNG at 50—by securing fairer and better project agreements that put our people first. The future of our nation depends on it. Our nation has a history of project agreements skewed towards investors, and the major policy differences between
my coalition and those opposing me are centred on my drive to get more for PNG.”