Ok Tedi Mining Limited OTML is pleased to announce the extension of its contract with landowner company Fubilan Catering Services FCS for an additional five years valued at US$116 million K420 million This extension will allow FCS to continue provide catering services to the mine operations and FIFO camp in Tabubil Under the renewed contract […]
OK Tedi National Mine Safety Week NATIONAL MINE SAFETY WEEK LV and Mobile Equipment Safety 30 April 05th May 2023 Description THE national mining safety week which aims to promote safe operations of most mining companies in Papua New Guinea it originated as an initiative of the chief inspector of mines from the PNG MRA
The Ok Tedi mining operations are centred on the Mt Fubilan deposit located in the Star Mountains of the Western Province Mt Fubilan is a rich coppergold silver deposit with several phases of mineralisation centred on two intrusions known as the Fubilan monzonite porphyry located in the northern half or Centre Pit area and the Sydney
The Ok Tedi Mine will generate over PGK19 Billion in dividends for the benefit of Papua New Guinea over the next 11 years says Ok Tedi Mining Ltd OTML General Manager Commercial and Chief Financial Officer Cameron Clark Mr Clark said this today when speaking at the PNG Mining and Petroleum Investment Conference in Sydney […]
Ok Tedi Mining Limited OTML has successfully commenced its second phase of the Community Mine Continuation Agreement CMCA Extension Review Project last week including the concurrent staging of the Regional Meetings in Tabubil Kiunga and Daru in the Western Province The Regional Meetings will span over 3 weeks to cover all the impact regions along […]
Ok Tedi Mining Limited OTML has successfully renewed its Special Mining Lease SML 1 0 gaining an additional 20 year lease term from 2022 to 2042 This is the second SML 1 0 lease term extension for OTML The initial SML 1 0 lease granted in 1981 expired in May 2002 and was extended for another 20 years until its expiration in
Landowners from the Giant Ok Tedi Mine area and the people of Western Province will now formally own 33 per cent owners of the mine after the government on behalf of the State approved the agreements relating to the transfer today in Port Moresby A Heads of Agreement HoA between the State and the leaders representing the Western Province
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
Ok Tedi Mining Limited OTML Chairman Sir Moi Avei KBE today announced that the Company has declared an interim dividend of PGK150 million In making the announcement Sir Moi noted that the dividend was a direct result of the strong performance of the Company during the first seven months of the year where an after tax and unaudited profit of US$140 million was
Ok Tedi Mining Limited was established in 1981 to mine the Mt Fubilan copper gold ore body discovered in the Star Mountains in the Western Province of PNG just 16km east of the Indonesian border OTML is a major producer of copper concentrate for the world smelting and refinery market in Germany India Japan South Korea and the Philippines
Ok Tedi Mining Limited OTML invites applications for its 2025 Graduate Development Program This is your chance to start a rewarding career with a world class mining operation set in one of the most picturesque locations in Papua New Guinea Ok Tedi Mine 2025 Graduate Development Program
Large and small scale community infrastructure project development and implementation are delivered through the Ok Tedi Development Foundation OTDF Our community infrastructure program aims to provide increased access to markets basic services and village facilities that contribute to improved local and regional economic development opportunities education &