Category: Financial
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Ok Tedi announces an exceptional 2025 Half Year Performance
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Ok Tedi Mining Limited (Ok Tedi) is pleased to announce its exceptional half year performance results for 2025, showcasing yet another successful period of disciplined operational and financial excellence. “The half year performance of 2025 has been built on from the 2024 performance of resilience, collaboration, and achievement for Ok…
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Ok Tedi Recognised for Pivotal Role in Unitech Engineering Accreditation
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Ok Tedi Mining Limited (Ok Tedi) has been recognised for its critical role in supporting the Papua New Guinea University of Technology (PNGUoT) to achieve international accreditation for its engineering programs – an effort that began nearly a decade ago in collaboration with the Institution of Engineers PNG (IEPNG). Ok…
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Clarification on Ok Tedi Mining Limited’s Acquisition of Misima Gold Project
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Ok Tedi Mining Limited (Ok Tedi) provides the following clarification in response to recent questions raised in Parliament to Prime Minister Hon. James Marape and commentary in the media regarding its acquisition of the Misima gold project from Kingston Resources Limited. Acquisition Structure and Licence ValidityOk Tedi confirms that it…
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Ok Tedi commences Reverse Circulation Drilling Program to Improve Resource Model Confidence
Ok Tedi Mining Limited reached a significant milestone in its mining operations with the commissioning and deployment of its first-ever Reverse Circulation (RC) Drill Rig. The rig was officially put into operation on Sunday, 11 May 2025. The successful introduction of the RC Drill Rig by the Mine Geology and…
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Ok Tedi Mining acquires Misima Gold and Silver Project
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Ok Tedi Mining Limited (Ok Tedi) has today entered into a binding agreement with Kingston Resources Limited (Kingston) to acquire the Misima Gold and Silver Project for A$60M (~US$38M), with further contingent payments totalling up to A$35M (~US$22M). The Misima Gold and Silver Project, located 625km east of Port Moresby…
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OTML, CMCA Reps & Stakeholders To Advance Agreement Discussions at CMCA Extension Review Working Group Meeting 2
Regions and the six (6) Mine Area Villages (MAV) of Ok Tedi Mining Limited (OTML) converged in Port Moresby for the CMCA Extension Review Working Group Meeting 2 (WGM2). Five delegates from each CMCA Region—comprising regional representatives, women presidents, and youth presidents—along with eight representatives from the six MAV’s will…
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Ok Tedi Announces Exceptional Q1 Performance
Ok Tedi Mining Limited (OTML) is pleased to announce its exceptional performance results for Q1 CY2025, showcasing yet another successful quarter of disciplined operational and financial excellence. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and…
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Mark Stone appointed as OTML Board Chairman
The Board of Ok Tedi Mining Limited has endorsed the appointment of Mark Stone as the Board Chairman, effective immediately. Kumul Minerals Holdings Limited (KMHL) Board Chairman and OTML Board Director, Dr. Ila Temu, made the announcement today. Dr. Temu said Mark J. Stone has over 30 years of experience…
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OTML challenges stakeholders to reinvest in its operations that will benefit impact communities
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Ok Tedi Mining Limited (OTML) is encouraging its Business Partners, Trust and Royalty associations to invest back into OTML operations for the benefit of the people of Western Province, especially the impacted regions under the Mine Village communities and the Community Mine Continuation Agreement (CMCA) communities. OTML Managing Director and…
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Recent News
- Ok Tedi Welcomes 41 New Graduates Under 2025 GDS Program
- Ok Tedi Launches 50th Independence Anniversary Hamamas Week
- Ok Tedi announces an exceptional 2025 Half Year Performance
- Ok Tedi Recognised for Pivotal Role in Unitech Engineering Accreditation
- Clarification on Ok Tedi Mining Limited’s Acquisition of Misima Gold Project