Year: 2024
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OTML to generate K40 Billion over next 26 years.
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Ok Tedi Mining Limited is expected to generate K40 Billion in social benefits, taxes, royalties and dividends to its shareholders over the next 26 years. Managing Director & Chief Executive Officer, Kedi Ilimbit, revealed this today during his presentation at the 2024 PNG Chamber of Resource & Energy Investment Week…
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OTML to generate US$1.5 billion revenue
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Ok Tedi Mining Limited (OTML) is on track to generate US$1.5 billion (K5.8 billion) in revenue for 2024. This is a significant increase from 2023 (31%), 2022 (45%) and 2021 (98%). Managing Director & Chief Executive Officer, Kedi Ilimbit, announced the record revenue at the 2024 PNG Chamber of Resource…
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OTML rediscovers fish species in Fly River after 40 years
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Ok Tedi Mining Limited (OTML) recently recorded an astounding 102 different fish species along the Fly River’s mid-estuary to its Kiunga Port, setting a new record from its past fish sampling activities. An added bonus to this recent survey was the rediscovery of the Paska’s Blue-eye, a fish species that…
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OTML Launches First Cat® 995 LWL in PNG
Ok Tedi Mining Limited (OTML) launched the first and largest front wheel loader, a Cat® 995 Large Wheel Loader (LWL), in Papua New Guinea and the second in the Pacific recently in Tabubil. The Cat 995 LWL was purchased earlier this year from Hastings Deering, the Caterpillar equipment dealer, to…
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OTML participates in the 2024 Ground Probe User Conference
Ok Tedi Mining Limited (OTML) has recently participated in the Ground Probe 2024 Papua New Guinea User Conference held in Port Moresby’s Hilton Hotel. The conference hosted by Orica Geosolutions had attendees from Papua New Guinea Resource Industry including OTML, Harmony, Barrick Gold Corporation, Santos, Newmont, and Earth Sciences students…
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Government delegation joins OTML 40th anniversary celebrations
Ok Tedi Mining Limited (OTML) and the residents of Tabubil welcomed a distinguished delegation of government representatives on Thursday, 14th November, to celebrate OTML’s 40th anniversary dinner. Among the prominent attendees were Minister for State-Owned Enterprises William Duma; Minister for Coffee William Bando; Minister for Highways and Works Solan Mirisim;…
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Ok Tedi Declares Final Dividend of K250 Million
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Ok Tedi Mining Limited (OTML) Managing Director and Chief Executive Officer, Kedi Ilimbit announced a 2024 final dividend payment of PGK250 Million that will be paid in December, bringing the total dividends paid in 2024 to K450 Million. This announcement was made last week Thursday at a dinner event hosted…
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OTML receives license to operate Health Services
Ok Tedi Mining Limited (OTML) has been granted a three-year license to provide health services following a successful assessment by the Papua New Guinea Medical Board. Several members of the PNG Medical Board visited OTML’s operations in September and conducted a comprehensive review of OTML’s healthcare services, facilities, and its…
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Recent News
- Ok Tedi responds to MP James Donald’s statement on cmca extension agreement
- Ok Tedi Strengthens Community Safety with Support to Water Police
- Ok Tedi Reaffirms Commitment to Growth and National Development at PNG Investment Week
- Ok Tedi signs pilot road construction project for Tabubil/Olsobip Junction and Golgubip Station
- Ok Tedi Sponsors UPNG Law School Moot Court Competition

