OUR VALUES & GOVERNANCE
Cosmicore operates on the principle that sustainable development in Papua New Guinea requires strong governance, lawful structures, and clear accountability.
The company’s values are embedded in how projects are designed, approved, and delivered — not as slogans, but as practical standards that guide decision-making at every level.
Cosmicore is committed to operating transparently and responsibly in partnership with customary landowners, Incorporated Land Groups (ILGs), and relevant government institutions. Governance frameworks are established to ensure compliance with PNG law, environmental obligations, and agreed community outcomes.
Our approach recognises that trust is earned through performance. Projects are advanced progressively, with clear roles, defined responsibilities, and oversight mechanisms that protect land, communities, and long-term interests.
Values and governance at Cosmicore are inseparable from delivery. They exist to ensure that development is lawful, ethical, and capable of producing lasting benefits for Papua New Guinea.
OUR CORE VALUES
INTEGRITY & ACCOUNTABILITY
Cosmicore operates with a commitment to honesty, transparency, and accountability. Decisions are made with clear responsibility, documented processes, and oversight appropriate to the scale and impact of each project.
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RESPONSIBLE DEVELOPMENT
Projects are designed to balance economic viability with social and environmental responsibility. Development is pursued progressively and lawfully, with consideration for long-term outcomes rather than short-term gain.
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CUSTOMARY LANDOWNER PARTICIPATION
Customary landowners are central to Cosmicore’s operating model. Through lawful structures, including Incorporated Land Groups (ILGs), landowners participate in decision-making, employment, and agreed benefit-sharing arrangements related to their land.
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PROFESSIONAL DELIVERY & INNOVATION
Cosmicore applies appropriate technologies, systems, and professional standards to improve project planning, safety, efficiency, and environmental performance. Innovation is used where it adds practical value and supports responsible delivery.
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ENVIRONMENTAL STEWARDSHIP
The company recognises its responsibility to protect land, waterways, and ecosystems. Environmental management is integrated into project design, approvals, and operations in accordance with regulatory requirements and best practice.
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RESPECT FOR CULTURE & COMMUNITY
Cosmicore operates with respect for Papua New Guinea’s cultural diversity, customary governance systems, and community decision-making processes. Engagement is conducted with consultation, consent, and cultural awareness.
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GOVERNANCE & COMPLIANCE
Strong governance underpins all Cosmicore activities. The company maintains clear governance structures to ensure compliance with applicable laws in Papua New Guinea and Australia, appropriate risk management, and transparency for stakeholders.
OUR GOVERNANCE FRAMEWORK INCLUDES:
• A parent holding structure based in Australia, providing oversight, governance discipline, and financial accountability
• Papua New Guinea operating entities established to support lawful, landowner-led project delivery
• Project-specific joint venture arrangements with customary landowner entities structured in accordance with PNG law
• Board and advisory structures that combine professional expertise with customary landowner representation
• Engagement with relevant regulatory authorities in Papua New Guinea and Australia as required for each project
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KEY POLICIES & CONTROLS:
• Code of conduct and ethical standards governing all operations
• Environmental and social management frameworks appropriate to project scale and regulatory requirements
• Clear shareholder rights and dispute resolution mechanisms
• Transparent landowner participation and benefit-sharing arrangements
• Periodic financial and project reporting aligned with governance obligations
Governance arrangements are reviewed and strengthened as projects progress to ensure continued compliance, transparency, and accountability.
“Our role goes beyond resource extraction. It is about building trust, creating lawful opportunity, and ensuring that development delivers shared, long-term benefits for Papua New Guineans.”
– Melvin K. Jensen
Founder & Director, Cosmicore
COSMICORE: A LANDOWNER-LED DEVELOPMENT PLATFORM
Cosmicore is a landowner-led development and resources company focused on delivering lawful, professionally managed projects in Papua New Guinea.
The company is supported by an Australian-based parent entity that provides governance oversight, financial discipline, and adherence to recognised professional standards. Operational focus and purpose, however, remain firmly grounded in Papua New Guinea and in partnership with customary landowners.
Cosmicore’s role is to support responsible resource and infrastructure development that aligns with national and provincial priorities while respecting customary land ownership, cultural heritage, and environmental obligations.
Rather than pursuing broad promises or rapid expansion, the company adopts a disciplined approach to development — advancing projects progressively, ensuring appropriate approvals, and applying professional standards to planning, delivery, and oversight.
Cosmicore integrates international technical expertise with local knowledge to support projects that are commercially viable, socially responsible, and capable of delivering long-term benefits for landowners and communities.
The company’s operating philosophy is clear: development must be lawful, accountable, and earned through performance. Success is measured by real projects delivered, trust maintained with landowners and institutions, and outcomes that endure beyond individual projects.
Cosmicore is built on a clear commitment:
to make development work,
to improve how it is delivered,
and to ensure outcomes are sustainable over time.
This commitment is grounded in accountability, discipline, and responsibility to customary landowners, communities, and Papua New Guinea.
– Melvin K. Jensen
Founder & Director, Cosmicore