The Mineral Resources Development Company (MRDC) is joining an increasing number of organisations and individuals supporting vital medical research aimed at reducing the high rate of maternal and infant deaths in the country. The Company last week donated one hundred thousand Kina (K100, 000) to Burnet Institute in support of its Healthy Mothers Healthy Babies […]
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Mineral Resources Star Mountains (MRSM) subsidiary company of the Mineral Resources Development Company (MRDC) is providing urgent food relief supplies to drought stricken communities in the Ok Tedi Mine area. The company supplied up to one hundred and fifty thousand kina (K150, 000) worth of non-perishable food items to the area to assist the ten […]
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The Mineral Resource Ok Tedi No 2 (MROT), subsidary company of the Mineral Resources Development Company (MRDC) has come to the aid of the Paediatric Society of Papua New Guinea with a donation of ten thousand kina (K10,000). The sponsorship will go towards assisting the Society with hosting the 42nd Paediatrics Medical Symposium in 2016 […]
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As the nation celebrates its 40th independence Anniversary Petroleum Resources Kutubu (PRK) also is proud to celebrate its achievement since oil started flowing from Kutubu in 1992. PRK financial performance in 2014 was phenomenal. PRK consolidated Gross Revenue for 2014 was K231.7 million-compared to K138.7 million in 2013 and net profits have more than doubled […]
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The Mineral Resource Development Company and its subsidiaries will be celebrating yet another milestone development project, this time in Fiji, for its Five Star ‘Pearl South Pacific Resort and Championship Golf Course development’ this Saturday the 12th of September 2015. This is the first and biggest ever development project MRDC has undertaken in its 40 […]
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The Mineral Resource Development Company (MRDC) has officially launched the country’s first and single biggest landowner investment project on behalf of its subsidiary companies. SYDNEY, Australia and MCLEAN, Va. – Hilton Worldwide (NYSE: HLT) today announced the signing of its first Hilton Hotels & Resorts branded hotel in Papua New Guinea. Under this management agreement […]
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The Mineral Resource Development Company (MRDC) has officially launched the country’s first and single biggest landowner investment project on behalf of its subsidiary companies. This is the first and biggest ever development project MRDC has undertaken in its 40 years of existence, before the recently announced Star Mountain Plaza Project in Port Moresby earlier this […]
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The Prime Minister Peter O’Neill, Government Ministers Governors and Members of the diplomatic Corps, Members of Parliament, Chairman and members of MRDC Board, Representatives of the shareholders of Star mountain Plaza who are here tonight, MRDC’s subsidiaries, all landowner leaders, members of PEC for Gulf Province, Fly River Province and Southern Highlands Province, our guests […]
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The Mineral Resource Development Company (MRDC) today presented fifty thousand kina to the Kutubu Kundu and Digaso Festival Committee to support the festival this year. This presentation marks MRDC’s fifth year of support for the festival since its inception in 2011. So far, the company’s sponsorship totals to a K150 thousand; K50 thousand for every […]
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The Mineral Resource Development Company (MRDC) will bring to Papua New Guinea its first ever Hilton Hotels & Resorts branded hotel, The Hilton Port Moresby. A management agreement signed early last month between MRDC and Hilton Worldwide will see the construction of a 5 star 212 premium room hotel in Port Moresby. The Hilton Port […]
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