26/05/2026
PRESS RELEASE
GOOD GOVERNANCE, TRANSPARENCY AND ACCOUNTIBILITY ARE THE PILLARS OF ORGANISATIONS: MR KORE
The Acting Managing Director of the Mineral Resources Authority (MRA), Harry Kore, has said good governance, transparency and accountability are important pillars of an organization.
Mr Kore said this today during the swearing-in ceremony of new Board Directors (see separate story with names of the new directors) of the MRA in Port Moresby. The swearing-in of the new directors comes after four years of operations without a board.
“This is an important step in restoring essential institutional mechanism that undertakes accountability continuity and strategic discipline within the Mineral Resource Authority,” said Mr Kore.
For over four years, the absence of a functioning board had left a critical governance gap within one of PNG's most important regulatory institutions. While management has continued to carry out its responsibilities, good governance practice reminds us that management ex*****on and board oversight are not interchangeable. They are complementary pillars of institutional strength. One cannot fully substitute the other. The re-constitution of the MRA Board therefore, is the deliberate reaffirmation that governance matters, that stewardship matters, and that institutions entrusted with managing the nation's mineral wealth must themselves be governed with discipline, independence, and foresight.
The Board is re-established at a time when the MRA is going through a merger and transition period.
The former Department of Mural Policy and Geo Hazard Management is currently being merged into the MRA through NEC number 240 of 2025. This institutional alignment as directed by the government, requires the full support from the Board to ensure that the intended objectives of the merger are successfully realized. At the same time, the MRA continues to advance its commitment towards the ISO 27001 accreditation, in addition to the digitization of systems and procedures, which requires rigorous standards in document integrity, information security, and organizational control.
In this context, the restoration of the board oversight becomes even more significant. Strong systems require strong governance, accreditation requires accountability. And institutional trust requires both. If people don't trust us, we have a problem. From a governance perspective, there are three compelling reasons why the board's reconstitution is both necessary and timely.
1. The board restores strategic stewardness, an institution of MRA’s significance requires more than operational management. It requires an independent body to set direction, challenge assumption, test strategy choices and ensure additions align with board statutory mandate and national interest.
2. The board strengthens institutional disciplinary and oversight. In an environment where compliance, data security, and regulatory credibility are increasingly scrutinized, the board provides the highest level of assurance that internal controls, risk management systems, and governance framework are functioning effectively and responsibly.
3. The board reinforces institutional and external confidence. Whether for government, investors, industry, stakeholders, landowners, or the PNG public, confidence in MRA depends not only on what the authority delivers, but on how it is governed. A functioning board signals stability, accountability, and organizational maturity.
The effectiveness of the board will determine not only how MRA performs, but more importantly, how MRA can navigate the opportunities and responsibilities of PNG’s mineral future. It will also determine how effectively MRA can expand its functions, venture into new horizons, and sustain PNG’s mining potential.
As an institution, we look forward with renewed purpose and aspiration to be an authority, defined by accountability and trust. One that better serves our people by promoting PNG's natural resource potential, strengthening our resource sovereignty, and maximizing the benefit flow from our resource wealth.