Category: General News
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OTML takes top award in 2021 NASFUND Employer Awards
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Ok Tedi Mining Limited (OTML) has been awarded the 2021 Employer of the Year Award by Nasfund, the largest private-sector superannuation fund in PNG.
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OTML working with State and Industry Body to address data risks
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Ok Tedi Mining Limited (OTML) is working closely with the State and the PNG Chamber of Mines and Petroleum to ensure risks to data security and confidentiality in mineral production are mitigated. OTML Managing Director and Chief Executive Officer, Musje Werror, said this in response to queries from The National…
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OTML Director resigns to contest General Elections
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Ok Tedi Mining Limited (OTML) announced the resignation of one of its directors, Mr. James Byron Chan (OL), after serving more than three years on the OTML Board. Mr Chan who was also member of the OTML Board’s Audit and Risk Committee since his appointment on the 1st August, 2018…
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OTML launches Vaccine booster rollout
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Ok Tedi Mining Limited (OTML) has launched the rollout of its COVID-19 vaccine booster program in Tabubil on January 19th following the release of the Booster Vaccination Direction by the Controller. In its continuous effort to protect the workforce, community and operations from COVID-19, the Company, through the Tabubil Hospital,…
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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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Recent News
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