Category: Operations
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OTML certifies First Batch of Motor Rewinders
Ok Tedi Mining Limited’s (OTML) Infrastructure Support Services (ISS) Rewind Shop celebrated a milestone recently when they presented seven Recognition of Prior Learning (RPL) Certificates to the first batch of Qualified Motor Rewinders produced by Ok Tedi. After nearly two years of rigorous training and assessment, these individuals successfully acquired…
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Awardees sign OTML Undergraduate Scholarship Scheme
Ten (10) students from the University of PNG (UPNG), Pacific Adventist University (PAU) and the PNG University of Technology (PNGUoT) are the recipients of Ok Tedi Mining Limited’s (OTML) 2024 Undergraduate Scholarship Scheme (USS) with a funding commitment totalling over K300, 000. The 2024 batch of USS awardees from UPNG…
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OTML Launches CMCA Extension Review Project
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Ok Tedi Mining Limited officially launched the Community Mine Continuation Agreement (CMCA) Extension Review Project 2024 – 2025 on 17th February and commenced engagement meetings on 19th February. The CMCA Extension Review Project will be conducted from 2024 to 2025 with the aim to obtain consent from the 158 mine…
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OTML generates K684 million for December 2023
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Ok Tedi Mining Limited (OTML) generated a record K684 million (USD$184 million) for the month of December in 2023, the highest recorded monthly revenue for the year. This result comes off the back of increased production and favourable metals prices, which were above budget for the month. Other factors contributing…
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Ok Tedi provides industrial training opportunity for Unitech students
Ok Tedi Mining Limited (OTML) is assisting four final year students from the University of Technology by providing them an opportunity to conduct their four-week industrial training commencing this month. The Industrial Training component of the UNITECH undergraduate studies is a mandatory requirement for the undergraduate students to ensure they…
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OTML exceeds annual dredge and rehabilitation target
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Ok Tedi Mining Limited (OTML) has surpassed its annual sediment dredge target of 10 Million Cubic Meters (Mm3) and its rehabilitation target of 35 hectares for 2023 at its Bige Operations, located 125km from the mine. The Bige Operations dredged 10.3 Mm3 of river sediments and rehabilitated 40 hectares (ha)…
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Ok Tedi Declares Final Dividend Payment of PGK350 Million for 2023
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Ok Tedi Mining Limited (OTML) announced a final dividend payment of PGK350 Million to its shareholders on 28th December 2023, bringing the total dividend to K450 Million for the year. The Company had declared an initial interim dividend payment of PGK100 Million on 26th October citing a positive outlook for…
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OTML’s Safety Manager scoops international women’s safety award
Ok Tedi Mining Limited’s (OTML) Safety Manager, Anna Ila was the proud recipient of the Leader of the Year Award at the ‘Women in Safety’ Awards in Sydney, Australia on November 27th. Women in Safety is a network of women who are safety professionals in Australia and the Asia Pacific…
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K30 billion in benefits expected from mine life extension
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Ok Tedi Mining Limited projects over K30 billion (US$8.0 billion) in Social Benefits, which includes taxes, royalties, and dividend payments, over the next 27 years. This is based on the company’s current Strategic Business Plan which includes Life of Mine (LOM) extension to 2050, ushering in significant sustainable development for…
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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