Category: General News
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OTML signs PGK50million Phase 1 Tabubil-Kiunga Road Upgrade & Sealing Project
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Ok Tedi Mining Limited (OTML) has signed a PGK50 million project agreement to commence the upgrading and sealing of the Kiunga-Tabubil Highway. The agreement was signed today (11th January 2022) in Port Moresby between OTML and contractor, China Railway Construction Engineering Group Co. Limited . Funded under the Government’s Infrastructure…
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Ok Tedi TCS to Develop Region
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Ok Tedi Mining Limited (OTML) has commended the National Government for the increase in the Tax Credit Scheme (TCS) ceiling from 0.75% to 2% as announced in the 2022 National Budget. The change, along with strengthening production from the mine, will see a significant increase in annual tax credits from…
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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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OTML Announces New Senior Appointments
Ok Tedi Mining Ltd (OTML) has announced several senior appointments as part of its Vision 2025 to nationalise all management positions by 2023 and 2025 respectively.
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OTML announces changes to Board of Directors
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Ok Tedi Mining Limited (OTML) today announced the appointment of three new directors by its majority shareholder the Kumul Minerals Ok Tedi Ltd (KMOTL) which owns 67% of the Company.
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OTML Refurbishes Filter Units
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Ok Tedi Mining Limited recently completed the refurbishment of its filter units at its Kiunga Operations as part of its Plant Asset Renewal (PAR) Program. The PAR program is a progressive replacement and refurbishment program of the processing, dewatering and ship loading facilities which are over 35 years’ old posing a…
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Ok Tedi appoints national to lead Mine Maintenance team
Ok Tedi Mining Limited (OTML) is proud to announce the recent appointment of a national to lead the Mine Maintenance Department within its Mining Business Unit. Mek Kelly was appointed Manager Mine Maintenance effective as of November 19th 2021. Mr Kelly started with OTML 18 years ago as an apprentice…
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2022 Apprenticeship Training & Graduate Development Scheme Applications Open
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Ok Tedi Mining Limited (OTML) has announced that applications for its 2022 Apprenticeship Training and Graduate Development Scheme (GDS) programs are now open.
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Ok Tedi Donates Medical Supplies to Goroka Hospital
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Ok Tedi Mining Ltd (OTML) today donated to the Goroka Hospital 500 oxygen cylinders, personal protective equipment (PPE) and other medical supplies.
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Recent News
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