The Community Mine Continuation Agreement (CMCA) defines the cash compensation, investment and development payments that OTML makes to the 158 communities affected by the mining operations in return for the license to continue operating the Mine until 2025. The communities are grouped into nine regions and represent over 147,000 people.
Annual Reviews. OTML remits an Annual Review to members of the PNG Parliament, presenting the integrated financial and non-financial results of OTML. OTML is committed to openly, honestly and transparently reporting our strategy, performance and impacts to our stakeholders. We do this through our Annual Reviews and make copies of each year's ...
The Board of Ok Tedi Mining Ltd (OTML) has appointed Mr Kedi Ilimbit as the Company's Managing Director and Chief Executive Officer effective 17th April 2023. Chairman of the Board, Mr Jeffrey Innes said that Mr …
Do you want to be part of a challenging, world-class mining operation in one of the most remote and beautiful parts of the world? We welcome …
Ok Tedi Mining Limited (OTML) operates an open pit mine in the Star Mountains region of the Western Province of Papua New Guinea. The Ok Tedi project is located in the head waters of the Fly River system, only 18 kilometres from Indonesia's, West Papua border. The mine began operations in 1984 on Mount Fubilan, which had a pre-mining ...
Ok Tedi mine was a green-field operation remotely located in the Western Province of PNG that necessitated the development of all the infrastructure, including roads, housing, airstrips, power supply and a port located at Kiunga on the Fly River to ship supplies in, and copper-gold concentrate out to market. Ok Tedi began mining …
Local & Regional Suppliers. OTML is the largest business in Western Province and relies on PNG and International supply chains for goods and services. The OTML Supply and Logistics department engages over 200 suppliers and 150 service providers each year. The PNG supply chain includes large multinational companies that have offices in PNG ...
View D&B Scores & Ratings. Find company research, competitor information, contact details & financial data for OK TEDI MINING LIMITED of Tabubil Western Province. Get …
PAPUA NEW GUINEA OWNED MINE. We are seeking motivated and exceptional individuals from the following disciplines to assist us achieve our Vision of being the leading mining company in PNG. JOIN THE PRIDE OF A NATION Visit our 'Careers' page at to register an application. OTML is committed to increasing the
Date Appointed: 10 December 2021. Member – Safety, Health and Environment and Community Committee. Bonny currently serves as Chairman of Kumul Minerals Ok Tedi Limited and is a Director of the Kumul Minerals Holdings Limited Board. He is a Lawyer by profession, is admitted to the bar, and has been a senior legal practitioner for over 30 …
Ok Tedi Mining Limited (OTML) Chairman Dr Roger Higgins today announced that the Company has declared a final dividend of PGK300 million which was paid on Friday 24th December to its shareholders, bringing total dividends paid by OTML this year to PGK450 million. Dr Higgins noted that despite a fire incident at the mine's processing facility ...
PO Box 1. Tabubil. Western Province, 332. Papua New Guinea. Email: media.enquiry@oktedi. Phone: +675 649 3393. Latest News. Latest news and media releases from Ok Mining Limited and its subsidiaries. View Latest News.
The Board of Ok Tedi Mining Ltd (OTML) has appointed Mr Kedi Ilimbit as the Company's Managing Director and Chief Executive Officer effective 17th April 2023. "The Board looks forward to working with Kedi and the Leadership Team to ensure the continuing success of Ok Tedi and the satisfaction of all our stakeholders' expectations ...
Ok Tedi Mining Limited. PO Box 1 Dakon Road, Tabubil Western Province Papua New Guinea Phone: +675 649 3000 or Phone: +675 649 3311 Fax: +675 649 9199. Ok Tedi Mining Limited. PO Box 93 Hoawaginai Drive, Kiunga Western Province Papua New Guinea Phone: +675 649 3720 Fax: +675 649 1046. Ok Tedi Mining Limited.
About Us. Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Our registered office is located in Tabubil, Western Province, PNG. We also have a representative office in Port Moresby, PNG and a logistics facility in Brisbane, Australia.
The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. This marks a significant milestone for OTML, its shareholders and for Papua New Guinea in general and is a sign of the confidence the Board has in the company's ability to deliver over the next two decades. The approval is ...
Since the mine's formation, OTML has contributed more than 10 billion kina to assist the development of economically sustainable local and regional communities in the Western Province. PNG, Western Province and communities obtain enduring benefits from OTML through employment, local business, dividends, taxes and royalties, goods and services ...
As a Papua New Guinea-owned mining company, OK Tedi Mining Limited (OTML) is the longest-running copper, gold, and silver producer through its operation in the Star …
Development & Exploration. Exploration and mineral resource development is an integral part of our future. Our exploration strategy includes: regional exploration. The current Ok Tedi Mining Limited (OTML) exploration program is centred on five exploration licences covering about 680 square kilometres. In line with a re-invigorated exploration ...
Share. Ok Tedi operates a large-scale copper and gold mining and processing facility in the Western Province of Papua New Guinea, with ore mined from at an annual rate of 24 million tonnes. Talent management is a key part of Ok Tedi's strategy. The company has around 1,800 permanent employees, with a similar number of embedded contractors and ...
Ok Tedi Mining Limited projects over K30 billion (US$8.0 billion) in Social Benefits, which includes taxes, royalties, and dividend payments, over the next 27 years. This is based on the company's current Strategic Business Plan which includes Life of Mine (LOM) extension to 2050, ushering in significant sustainable development for mine operation impacted …
Our History. The history of the OTML dates back to 1963 when copper mineralisation was first identified near the current mine site when a government patrol made contact with the Min people of Star Mountain. In 1968 the Fubilan Copper-Gold deposit was discovered, and the Kennecott Copper Corporation commenced exploratory drilling. After the ...
Community Relations. OTML is committed to conducting its operations in a socially responsible manner that respects cultural heritage and traditional rights. Our social license to operate is based on the Free, Prior and Informed Consent principles applied to the mine associated communities and the national and provincial governments.
Environmental Mitigation & Remediation. Since 1998, over 3 billion kina has been invested in reducing the long-term impact on the river system including; removal of pyrite from the tailings, addition of limestone to waste rock and tailings to maintain alkalinity in the river system and the dredging of sands from the river bed approximately ...
Since its establishment in 1984, OTML has contributed on average 6.2% of Papua New Guinea's annual Gross Domestic Product, due to the 5.17 megatons (Mt) of copper, 15.9 million ounces (Moz) of gold and 34.4 Moz of silver. Mining at the Ok Tedi Mine takes Mt. Fubilan Ore Reserves from the mine's large open pit which operates using ...
Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Our registered office is located in Tabubil, Western Province, PNG. We also have a representative office in Port Moresby, PNG and a logistics facility in Brisbane, Australia.
September 18, 201311:12 PM PDTUpdated 11 years ago. Sept 19 (Reuters) - Papua New Guinea's government has taken 100 percent ownership of the controversial Ok Tedi gold and copper mine after a ...
OTML's most recent Detailed Mine Closure Plan, which was approved by the Minister for Mining on 7 May 2012, updated in 2016, and approved by the regulators in 2017, determined that that the Fund should contain USD $200M to meet its obligations. As at 31 December 2022, the FAF holds USD 241 M. The assets and liabilities are recorded on …
OK Tedi Mining Ltd Port Moresby 6th Floor MRDC Haus, Cnr Musgrave St & Champion Pde
OTML also operates and maintains fixed/processing plants and equipment in the Processing Plant and Kiunga Operations, which has been operating for over 30 years. During this period, there have been major plant/equipment component change-outs, replacements and upgrades done to the existing plants/fleets. There is ongoing …
OTML is a major producer of copper concentrate for the world smelting and refinery market in Germany, India, Japan, South Korea and the Philippines. The mine exports copper as a concentrate with contained gold and silver. Between 1984 and 2019, Ok Tedi has produced 4.93 million tonnes of copper, 15.1 million ounces of gold and 34.2 million ...
Ok Tedi Mining Limited (OTML) is assisting four final year students from the University of Technology by providing them an opportunity to conduct their four-week industrial training commencing this month. The Industrial Training component of the UNITECH undergraduate studies is a mandatory requirement for the undergraduate students to ensure ...
In a groundbreaking achievement, Papua New Guinea's Ok Tedi Mining Limited (OTML) has set a new record by generating an unprecedented K684 million …
The Executive Leadership Team of Ok Tedi Mining Limited lead and manage the operations of the Ok Tedi Mine and our subsidiaries.
Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Our registered office is located in Tabubil, Western Province, PNG. We also have a representative office in Port Moresby, PNG and a logistics facility in Brisbane, Australia.
In some much-needed positive resources news, state-owned Ok Tedi Mining's (OTML) 2019 annual review announced that its copper production increased by three per cent and gold by nine per cent compared to the previous year.. Ok Tedi generated K3.8 billion (US$1.1 billion) in total sales revenue in 2019, which was 36 per cent higher …
Star Mountains Training Institute. Ok Tedi Mining Limited (OTML) operates the Star Mountains Training Institute (SMTI) as a Registered Training Organisation (NTC # 019) in Tabubil and is committed to the …
