The World Bank’s Board of Executive Directors this week has approved US$3 million for the “Second Economic Support Development Policy Operation,” which the bank says will support efficient public service delivery and long-term fiscal sustainability in the Republic of Kiribati, according to its media release. Continue reading

Canada headquartered Nautilus Minerals, which has been active in the mining sector in the Pacific Islands region, particularly Papua New Guinea, has signed an agreement chartering a vessel to be first deployed for use at the Solwara 1 project in Papua New Guinea’s Bismarck Sea. Continue reading

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