Category: General News
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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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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 launches its Workplace Mental Health Campaign “Wantok Yu Orait?”
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Ok Tedi Mining Limited (OTML) through its Organisational Wellbeing and Culture department has launched its mental wellbeing campaign – Wantok Yu Orait? – last Friday in Tabubil. The campaign is part of the company’s approach to promote peer support in the workplace to maintain safety, performance, and positive culture. In…
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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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OTML donates K550, 000 to UPNG’s Earth Sciences Division
Ok Tedi Mining Limited (OTML) has donated K550, 000 to the University of Papua New Guinea’s (UPNG) Earth Sciences Division & Centre for Disaster Risk Reduction, upgrading the division’s Computer Laboratory for students and teaching staff. The funds cover the purchase and installation of 28 desktops, seven laptops, and one…
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Recent News
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