Our News

30th March,2022

MRDC has honoured 69 of its long serving employees in a special awards presentation held on Monday this week

12th March, 2022     

MRDC and Gas Resources Hides 4 has begun paying the 277 beneficiary landowner clans of Hides Petroleum Development License (PDL) 7 their first equity and royalty payments. A total of K19.6 million was paid into the beneficiary clan bank accounts yesterday 

14th March, 2022  

Boera village today received its newly built multi-purpose community hall from Gas Resources PNGLNG Plant Limited (GRPNGLNGPL) and Mineral Resources Development Company (MRDC).

24 February, 2022      

MRDC is proud to support the Somare family and the East Sepik Provincial Government in hosting Late Great Grand Chief’s Memorial Eve Tribute tomorrow, Friday 25 February, at the Prince Charles Oval in Wewak

21 January, 2022

The MRDC Board has welcomed the passing of the MRDC Authorization (Amendment) Bill 2021 by Parliament on Wednesday, this week.

07th January, 2022&

MRDC recognizes that education is the single most powerful and effective investment that has the ability to drive positive change and improve the quality of life for the project-impacted area people. The purpose of this scholarship award is to enable MRDC and its subsidiaries to invest in the education of children from the project-impacted areas by providing them support to access tertiary education

December, 2021

Aiyura School of Excellence, formerly Aiyura National High School received a new 25-seater bus early this month from Petroleum Resources Gobe (PRG) and Mineral Resources Development Company (MRDC).

July, 2021

MRDC continues its support for education in the Gobe project area with the recent opening of a new double classroom and staff house for Mararogo Primary School in Sembrigi, SHP.

22nd October,2021

Dirio Gas Power Ltd and PNG Power Ltd announced yesterday that the 100% nationally owned Independent Power Producer will begin supplying power into Port Moresby grid at the end of this month

7th September, 2021

Mineral Resources Development Company Managing Director Mr Augustine Mano today paid tribute to Sir Moi Avei for his outstanding contribution to national development

13th August, 2021

Chairman Sisimolu responds to PNGi’s misleading report on Petroleum Resources Gobe (PRG).

11th August, 2021

MRDC and Gas Resources PNGLNG Pipeline Limited (GR PNGLNGP) aims to rebuild the health and education facilities in Benaria, Komo-Magarima after the royalty and dividend payments for Segments 2 and 3 are completed

6th August, 2021  

Gas Resources PNGLNG Pipeline Limited (GR PNGLNGP) Board today announced it has approved a combined dividend and royalty payment to be paid to project area landowners from Segments 2 and 3 of the PNGLNG Pipeline license No. 4(PL4) area

20th July, 2021  

The Mineral Resources Community Mine Continuation Agreement Holdings (MRCMCAH) Limited, last Friday donated lifesaving medical equipment comprising of an aspirator (suction machine) and two oxygen concentrators to the Kiunga Hospital.

14th July, 2021  

Petroleum Resources Kutubu (PRK) Board Chairman John Kapi-Natto is appalled at the inaccurate and misleading article titled ‘Landowner funds flushed down broken corporate pipes’ published by PNGi on its social media page on Wednesday 7 July 2021.

28th June , 2021  

Mineral Resources Start Mountains Limited (MRMS) Board of Directors on Monday presented K19.4 million-dividend payment to the 12-landowning villages of Ok Tedi. This payment is by far the biggest dividend payment made by MRSM and is part of the dividend proceeds from MRSM’s 9 per cent equity in the Ok Tedi Mine Limited (OTML) for 2020

25th June, 2021  

MRDC and Gas Resources PNGLNG Plant Limited (GR PNGLNGPL) today announced the handing over of more than K3.7 million worth of community projects to Porebada village. These projects were funded by GR PNGLNGPL under its 2019-2020 Porebada Community Infrastructure Trust Fund (CITF) which MRDC manages

19th March , 2021  

The PDL7 Directors Election program was successfully launched yesterday in Hides, Hela Province. A full state and stakeholder team was in Hides to show their support and acknowledge the leadership provided by the clan chairmen to finally see this day come to fruition after 12 years

19th March, 2021  

A weeklong election program for the PDL7 leaders to elect their board representatives is well underway, in Hides, Hela Province starting today (19 March,2021). The program facilitated by MRDC will see 91 major clan chairmen from Category A clans only participate in electing their representatives to the board of their trust company, Gas Resources Hides 4 Limited

17th March, 2021  

PNGLNG Project Landowners from the Petroleum Development License No. 7 (PDL7) area in the Hela Province will now begin an election process to elect director representatives to the board of their trust company, Gas Resources Hides 4 limited

11th March, 2021  

MRDC and Hevilift PNG have joined to assist the Port Moresby General Hospital (PMGH) through the ‘Friends of PomGen’ Emergency Appeal

05th March, 2021  

Governors Hon. Philip Undialu (Hela province) and Hon. William Powi (Southern Highlands province) today signed a Memorandum of Agreement that sets out how benefits from the PNG LNG project will be split between the two provincial governments

7th May 2020 

The efforts of front line health workers combating the spread of COVID-19 in Gulf and Western provinces received a major boost today. Helicopter company HEVILIFT today donated protective gear and equipment worth K45,000 bought from Australia to governors of the two provinces at the HEVILIFT hanger at 7 Mile, Port Moresby.

Officers from the Mineral Resources Development Company (MRDC) and the Department of Petroleum and Energy were received with song and dance over the weekend in Kiunga as the team visited the Western Province fraction of the PNGLNG pipeline Segment 1 beneficiaries.

PNGLNG Pipeline Segments three (3), four (4) and five (5) beneficiaries will receive their share of the project benefits, totalling K4.9 million in royalty and equity this week.

The Mineral Resources Development Company will begin delivering benefits earmarked for PNG LNG project pipeline landowners starting this year.

The Fly River Provincial Government (FRPG) have received their second batch of K7.2 million in dividends from Mineral Resources Ok Tedi No.2 (MROT2).

The Independent Consumer and Competition Commission (ICCC) has issued an Electricity Generation Licence (Generation Licence) to Dirio Gas & Power Company Limited (Dirio) to generate and supply power to PNG Power Limited’s (PPL) Port Moresby Grid (Pom Grid).