Our Values & Governance
Guided by Values. Governed with Integrity. Committed to the Nation.
At Cosmicore, our foundation is not just built on resources — it's built on principles. Every decision we make, every project we deliver, and every partnership we form is anchored in a deep sense of responsibility to our people, our land, and future generations.
We believe that true development comes from a blend of moral leadership, ethical business practices, and inclusive governance.
Our Core Values
Integrity First
We uphold the highest standards of honesty, accountability, and transparency in everything we do — from boardroom decisions to boots on the ground.
People Before Profit
Our mission is to uplift lives, not just generate returns. The success of our landowners, communities, and youth comes before any profit margin.
Customary Landowner Empowerment
We honour the custodians of the land. Through shareholding, training, employment, and infrastructure, we ensure landowners are the owners—not spectators of development.
Innovation for Impact
We embrace modern technologies — from drone surveying to machine-controlled earthworks and remote satellite systems — to drive smarter, faster, and cleaner progress across PNG.
Sustainability & Climate Responsibility
From environmental permitting to eco-conscious construction, we are committed to safeguarding the land, rivers, and forests for generations to come.
Respect, Culture & Unity
We operate with deep cultural respect for Papua New Guinea’s tribes, traditions, and identity. We believe unity, not division, is the path to true nation-building.
Governance That Builds Trust
We maintain a world-class corporate governance framework that balances customary landowner inclusion, professional expertise, and regulatory compliance — in both Australia and Papua New Guinea.
Our Governance Includes:
- Parent Company: Cosmicore Pty Ltd (Brisbane, Australia)
- PNG Operations: Cosmicore PNG Limited & Andapare Wagi Petromin Resource Investment Ltd
- Joint Ventures: Legally binding JVAs with ILG-based landowner entities
- Board Structure: Multi-disciplinary leadership with landowner board seats
- Regulatory Compliance: IPA, MRA, CEPA, IRC, ASIC, ATO, AML/CTF, ESG
- Policies in Place:
- Anti-Corruption & Ethics Policy
- ESG (Environmental, Social, Governance) Framework
- Shareholder Rights & Dispute Resolution Protocols
- Landowner Benefit Distribution Framework
- Quarterly Financial & Impact Reporting
“We don’t just mine gold — we mine trust, we mine opportunity, and we mine a future where every Papua New Guinean shares in the wealth of this nation.”
– Melvin K. Jensen, Executive Chairman & Global CEO, Cosmicore
Innovation and integrity
Cosmicore: A New Era of Resource-Driven Nation Building
Cosmicore is more than just a mining and civil construction company—it is a movement. Born from the heart of Papua New Guinea and registered in Australia, our headquarters in Brisbane, Queensland, provide the governance, structure, and international standards necessary to operate at the forefront of innovation and integrity. But our soul, our purpose, and our mission lie in the heart of Papua New Guinea.
We exist to pioneer a new path forward—one where mining, infrastructure, and energy development serve as catalysts for national transformation. At Cosmicore, we operate with an unwavering commitment to excellence, not only in delivering high-impact projects but in doing so with deep respect for our people, our land, and the global future.
Our operations are underpinned by a sophisticated understanding of the interconnected challenges facing the global energy and resource sector. These include environmental sustainability, climate change adaptation, ethical resource management, cutting-edge geoscience, and the increasing demand for clean and equitable energy solutions. We stand ready—not just to respond to these demands, but to lead the way.
Cosmicore is a company built by landowners, led by visionaries, and driven by the belief that Papua New Guinea’s greatest untapped resource is not just its minerals, gas, or forests—but its people.
We bring together international expertise, local wisdom, and the latest technologies to ensure our projects are not only commercially viable but socially transformative. Our model empowers customary landowners to take part in meaningful development, share in the wealth created, and ensure long-term benefits for future generations.
In mining, we practice responsible extraction. In civil construction, we build with purpose. In energy, we invest in solutions that bridge today’s needs with tomorrow’s demands. In education and skills development, we sow the seeds of self-reliance and national pride. From gold and gas to green energy, from highways to hydropower, Cosmicore is laying the foundation for a self-sufficient, sovereign, and thriving Papua New Guinea.
Cosmicore is not just a company—it is a promise.
A promise to make it work.
A promise to make it better.
A promise to make it last.
With unwavering hope and tireless commitment.
Melvin K. Jensen
CEO & Executive Chairman, Cosmicore