MRL Capital Ltd is the Trustee of the Lihirians Equity Trust, a trust created in 1997 to hold shares in the then Lihir Gold Limited for the Tinetalgo, Unawos, Nikama, Lamatlik, Tengawom, and Nissal clans of the Lihir Group of Islands.

These shares were subsequently liquidated in 2007 and proceeds of the sale of the shares have been invested in real estate, trading shares, and other liquid assets in Papua New Guinea and Australia.

The intention to invest serves two main, long term purposes of the Trust; one is to generate sufficient annual income to pay distributions to eligible Lihirians and the other is to support a Community Service Obligation Program to improve education, health and social welfare standards targeting members of the clans, who are beneficiaries of the Trust.

Under the Lihirians Sustainable Development Plan, the vision of the clans is to see financial independence of all Lihirians after closure of the mine. All Lihirian entities including MRL Capital are obliged to create income-generating opportunities for individual clan members to participate in efforts to achieve the vision, although on the backdrop of improving standards in education, health, social welfare and general infrastructure.


The business is entering into the lubricants market and operations offices are now being set up and started operations in Port Moresby, Lae and Lihir. The first shipment of lubricants has been done and the business is fully in operational.

Clan companies


In January Lamatlik invested K2.795 million in Government Inscribed Stock.

City Cab services & Logistics, the newly incorporated subsidiary of Lamatlik Investment Limited commence operation.


Property Investment (4 x2Bedroom unit)- All units are fully tenanted after the full renovation and maintenance of the property.

Nissal Investments have also invested K1 million in treasury Bills.


  • K1 Million Treasury Bills (July)
  • Purchase 3 Hire Vehicles (September)