Tag: Jeffrey Innes
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OTML Board accepts resignation of Board Chairman
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The Board of Ok Tedi Mining Limited announces that it has accepted the voluntary resignation of Chairman, Jeffrey Innes. Kumul Minerals Holdings Limited (KMHL) Board Chairman and OTML Board Director, Dr. Ila Temu, made the announcement today. Dr. Temu thanked Mr Innes for his contribution to OTML, leading the board…
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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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Migalsim Clinic and staff house opened
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As part of a concerted effort to enhance healthcare and well-being at the community level, Ok Tedi Mining Limited (OTML) has collaborated with its business partners and the Migalsim Village Councillor and Village Planning Committee (VPC), to deliver and open a Clinic and Staff House. The official opening on 14th…
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OTML Board approves in principle mine life extension to 2050
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The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. This marks a significant milestone for OTML, its shareholders and for Papua New Guinea in general and is a sign of the confidence the Board has in the company’s…
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Recent News
- Ok Tedi signs Gas Supply Term sheet with ArranEnergy
- Ok Tedi and National Energy Authority Sign MoA to Accelerate Rural Electrification under ‘Lighting Up the West’ program
- Ok Tedi Commissions New Mine Operations Workshop to Support Electric Truck Fleet
- Ok Tedi Signs Historic 4th Community Mine Continuation Agreement
- Successful Completion of Underground Pump Station Project marks milestone for Ok Tedi
