Author: Mackhenly Kaiok
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Ok Tedi Board Changes
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Ok Tedi Mining Limited (OTML) advises that majority shareholder, Kumul Minerals (Ok Tedi) Limited (KMOTL), has made changes to its nominated directors of the Company
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Ok Tedi Declares PGK300 Million Dividend Payment for 2022 And Extends Mine Life by a Further Year
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Ok Tedi Mining Limited (OTML) today announced that a dividend of PGK300 Million will be paid to shareholders on or before 31 December 2022.
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Ok Tedi Media Release – Ok Tedi to Generate PGK19 Billion for PNG in next 11 years
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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…
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Musje Werror remains OTML Managing Director and CEO
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The Ok Tedi Mining Limited (OTML) Board Chairman Dr. Roger Higgins is concerned with the media reports on the purported removal of Mr Musje Werror. Mr Werror remains the Managing Director and CEO of Ok Tedi Mining Limited. Dr. Higgins makes particular reference to and agrees with the statement by…
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OTML committed to sustainability of essential services
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Ok Tedi Mining Limited (OTML) is committed to ensuring the closure of the mine is done in accordance with the approved mine closure plan when the mine ceases production.
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OTML Union & Management Sign 2023 Industrial Agreement
Ok Tedi Mining Limited (OTML) and the Ok Tedi Mining & Allied Workers Union (OTAWU) signed a new Industrial Agreement on the 19th of May allowing for the implementation of additional benefits that will address the long-term welfare of OTML employees and their families.
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No basis to pay landowners additional compensation
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Ok Tedi Mining Ltd (OTML) has denied agreeing to pay additional compensation to landowners for the use of water from Dablan Creek following a demand by a group of landowners as reported in last week’s Post Courier.
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Unitech Students Commence Industrial Training with Ok Tedi
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Thirteen students from the PNG University of Technology have commenced their industrial training with Ok Tedi Mining Ltd (OTML).
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Ok Tedi Declares Final Dividend of PGK300 Million
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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.
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Recent News
- Ok Tedi signs pilot road construction project for Tabubil/Olsobip Junction and Golgubip Station
- Ok Tedi Sponsors UPNG Law School Moot Court Competition
- Ok Tedi Completes Signing of Revised Community Mine Continuation Agreement 2026-2033
- Ok Tedi’s Misima Minerals granted EL 1747 for Misima Deposit
- Ok Tedi supports UPNG Medical School with funds for HD Virtual Anatomy tables