MRDC BACKS PNG RESOURCES WEEK AS PRINCIPAL SPONOR

MRDC backs PNG Resources Week as Principal Sponsor With six days to go the start of the inaugural PNG Resources Week, leading landowner Trustee company, Mineral Resources Development Company (MRDC) has stepped in, as a Principal Sponsor for this inaugural premier national event. MRDC Managing Director Augustine Mano, when confirming support for PNG Resources Week, […]

Read More

PUBLIC NOTICE: PDL1 MEDIATION AND DIRECTORS’ ELECTION SCHEDULE

PUBLIC NOTICE: PDL1 MEDIATION AND DIRECTORS’ ELECTION SCHEDULE Further to our previous notice dated 3rd June 2024, Mineral Resources Development Company (MRDC) wishes to inform the public that the mediation, clan chairman consultation, awareness and election of directors will proceed as per schedule at the designated locations and dates. MRDC strongly discourages any meetings being […]

Read More

MRDC RESPONDS TO KUA ON PASCA AGREEMENT

MRDC Responds to Kua on Pasca Agreement We acknowledge the recent comments made by former Minister for Petroleum, Hon. Kerenga Kua, regarding the MRDC-Twinza deal. While these remarks are not unexpected, they contain inaccuracies and misleading allegations that need to be corrected. Notably, it is ironic that his tenure significantly contributed to the nearly three-year […]

Read More

PUBLIC NOTICE: PDL1 MEDIATION AND DIRECTORS ELECTION SCHEDULE

PDL1 MEDIATION AND DIRECTORS ELECTION SCHEDULE Mineral Resources Development Company Limited (MRDC) extends its congratulations to all the clans that have successfully opened their respective clan bank accounts. MRDC further advises that due to a court order, the opening of the remaining clan accounts will be on hold until this injunction is uplifted. MRDC will […]

Read More

MRDC and Twinza execute Agreements over the Pasca A Project

MRDC and Twinza execute Agreements over the Pasca A Project MRDC and Twinza are pleased to announce that they have executed agreements for:• MRDC to acquire an up to 50% Participating Interest in Twinza’s Pasca A Project; and,• MRDC and Twinza to cooperate in the acquisition and development of future oil and gas opportunities in […]

Read More

Bank Accounts Opened for Hides PDL1 Beneficiaries

Bank Accounts Opened for Hides PDL1 Beneficiaries Mineral Resources Development Company (MRDC) Managing Director Mr. Augustine Mano is pleased that the majority of the benefitting clans in the Hides Petroleum Development License 1 area are now ready to receive their royalty and equity benefits through their bank accounts. “The people are ready. An impressive 96 […]

Read More

PUBLIC NOTICE: OFFICIAL LAUNCHING OF PDL 1 CLAN BANK ACCOUNT OPENING SET FOR MONDAY 20 MAY 2024

OFFICIAL LAUNCH OF PDL1 CLAN BANK ACCOUNT OPENING SET FOR 20 MAY 2024 In reference to the previous notice published on the 29 of April 2024, Mineral Resource Development Company (MRDC) wishes to announce the official launching of the Petroleum Development License 1 (PDL 1) Clan Bank Account Opening on Monday 20 of May 2024 […]

Read More

Education Subsidy Program Highlight

Delna Wame Epi, a mother of two, transitioned from a compliance officer to a law student at the Legal Training Institute. In 2019, she pursued legal studies to enhance her oversight of work permits at the Immigration and Citizenship Authority (ICSA). Hailing from Kikori, Gulf Province, she applied for and received support through the MRDC […]

Read More

PUBLIC NOTICE: PDL1 CLAN BANK ACCOUNT OPENDING EXTENDED TO MONDAY, MAY 6, 2024PUBLIC NOTICE:

Port Moresby | The Mineral Resources Development Company (MRDC) wishes to inform the beneficiaries’ clans of Hides Petroleum Development License 1 (PDL1) and stakeholders that the PDL1 Clan Bank Account Opening Program has been extended by one week. The extension is necessary to give beneficiaries clans which have issues with their Meeting Minutes to be […]

Read More

MRDC SUCCESSFULLY COMPLETES AWARENESS EXERCISE ON THE HIDES PDL1 CLAN BANK ACCOUNT OPENING 

Port Moresby | The Mineral Resources Development Company (MRDC) has successfully completed an Awareness Exercise on the Clan Bank Account Opening for the Hides PDL1 beneficiaries in the PNG LNG Project in Hela province.  The completion of this phase of the Clan Account Opening Program is a testament to months of groundwork and engagement with […]

Read More
X