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PG-Mining Sector Inst. Strengthening TA

Abstract*

The Mining Sector Institutional Strengthening Technical Assistance Project for Papua New Guinea aims to strengthen institutional capacity within the Mining Department (DoM) and the Internal Revenue Commission (IRC) to administer and regulate exploration and mining projects and to thereby contribute to socially and environmentally sustainable private mineral investment. The project has six main components: 1) The policy and regulatory institutional...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO is to strengthen the institutional capacity within the Department of Mining (DoM) and the Internal Revenue Commission (IRC) to administer and regulate exploration and mining projects and to thereby contribute to socially and environmentally sustainable private mineral investment in the Papua New Guinea (PNG) mining sector.

Key Details

Project Details

  • P060330

  • Closed

  • Adriana Eftimie

  • N/A

  • Papua New Guinea

  • November 10, 1999

  • (as of board presentation)

    June 1, 2000

  • September 13, 2000

  • US$ 10.00 million

  • B

  • Not Applicable

  • May 31, 2006

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 10.00
Local Govts. (Prov., District, City) of Borrowing Country 1.53

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 10.00
IDA Commitment N/A
IBRD + IDA Commitment 10.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 11.53

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 1, 2015 IBRD-70180 Int Charges 15,587.07
Nov 1, 2019 IBRD-70180 Loan Repay 506,722.80
May 6, 2014 IBRD-70180 Loan Repay 346,505.20
May 6, 2014 IBRD-70180 Int Charges 24.23
May 6, 2014 IBRD-70180 Int Charges 18,385.91
Nov 5, 2013 IBRD-70180 Int Charges 22,242.82
Nov 5, 2013 IBRD-70180 Loan Repay 335,505.30
Nov 1, 2014 IBRD-70180 Loan Repay 358,506.34
Nov 1, 2014 IBRD-70180 Int Charges 29.84
Nov 1, 2014 IBRD-70180 Int Charges 16,729.96
May 1, 2019 IBRD-70180 Int Charges 24,285.75
May 1, 2019 IBRD-70180 Loan Repay 489,721.80
May 1, 2018 IBRD-70180 Int Charges 23,387.04
May 1, 2018 IBRD-70180 Loan Repay 456,650.70
Nov 1, 2018 IBRD-70180 Int Charges 29,270.84
Nov 1, 2018 IBRD-70180 Loan Repay 472,650.62
Nov 1, 2017 IBRD-70180 Int Charges 25,899.96
Nov 1, 2017 IBRD-70180 Loan Repay 441,649.66
May 1, 2017 IBRD-70180 Int Charges 26,319.86
May 1, 2017 IBRD-70180 Loan Repay 426,578.50
May 1, 2016 IBRD-70180 Int Charges 17,897.28
May 1, 2016 IBRD-70180 Loan Repay 397,577.53
Nov 1, 2016 IBRD-70180 Int Charges 23,105.94
Nov 1, 2016 IBRD-70180 Loan Repay 411,578.53
Nov 1, 2015 IBRD-70180 Int Charges 16,509.36
Nov 1, 2015 IBRD-70180 Loan Repay 384,577.40
May 1, 2015 IBRD-70180 Loan Repay 371,506.38
Jun 1, 2000 IBRD-70180 Loan Commitment 10,000,000.00
Dec 7, 2020 IBRD-70180 Int Charges 308.94
May 19, 2020 IBRD-70180 Int Charges 6,304.37
May 19, 2020 IBRD-70180 Loan Repay 561,723.00
Nov 1, 2019 IBRD-70180 Int Charges 15,891.36

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2006-10-10
Financial Management Satisfactory 2006-10-10
Monitoring and Evaluation Satisfactory 2006-10-10
Overall Implementation Progress (IP) Satisfactory 2006-10-10
Procurement Satisfactory 2006-10-10
Project Management Satisfactory 2006-10-10
Overall Safeguards Rating Satisfactory 2006-10-10
Counterpart Funding Satisfactory 2006-10-10

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-21-2007
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 08-16-2007PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

No data available.