Tag: Ok Tedi Mining Limited
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Clarification on Ok Tedi Mining Limited’s Acquisition of Misima Gold Project
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Ok Tedi Mining Limited (Ok Tedi) provides the following clarification in response to recent questions raised in Parliament to Prime Minister Hon. James Marape and commentary in the media regarding its acquisition of the Misima gold project from Kingston Resources Limited. Acquisition Structure and Licence ValidityOk Tedi confirms that it…
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Ok Tedi hosts inaugural PNG Mining Seminar in Japan
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in General NewsPapua New Guinea’s mining sector took centre stage this week at the inaugural PNG Mining Seminar held at the Akasaka Intercity Conference Centre in Tokyo. The event, co-hosted by Ok Tedi, marked a significant milestone in the enduring partnership between Japan and Papua New Guinea, showcasing the country’s untapped resource…
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Ok Tedi commences Reverse Circulation Drilling Program to Improve Resource Model Confidence
Ok Tedi Mining Limited reached a significant milestone in its mining operations with the commissioning and deployment of its first-ever Reverse Circulation (RC) Drill Rig. The rig was officially put into operation on Sunday, 11 May 2025. The successful introduction of the RC Drill Rig by the Mine Geology and…
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Ok Tedi provides hands-on training opportunity for local nursing school
Ok Tedi Mining Limited is working closely with the Rumginae School of Nursing to enhance students clinical training. A memorandum of agreement was signed between Ok Tedi and the Rumginae School of nursing in April to effect this collaboration. The agreement will enable students to do practical training at the…
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Ok Tedi launches ‘Trash Monster’ challenge to empower youth for a plastic free PNG
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In the lead-up to World Environment Day (WED) 2025, Ok Tedi Mining Limited is putting environmental education and youth empowerment at the forefront of its sustainability agenda, launching an engaging school-based initiative that tackles one of today’s most urgent global challenges: plastic pollution. The school competition is one of three…
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OTML, CMCA Reps & Stakeholders To Advance Agreement Discussions at CMCA Extension Review Working Group Meeting 2
Regions and the six (6) Mine Area Villages (MAV) of Ok Tedi Mining Limited (OTML) converged in Port Moresby for the CMCA Extension Review Working Group Meeting 2 (WGM2). Five delegates from each CMCA Region—comprising regional representatives, women presidents, and youth presidents—along with eight representatives from the six MAV’s will…
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Ok Tedi Announces Exceptional Q1 Performance
Ok Tedi Mining Limited (OTML) is pleased to announce its exceptional performance results for Q1 CY2025, showcasing yet another successful quarter of disciplined operational and financial excellence. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and…
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OTML hosts Industrial Trainees
Nine (9) undergraduate students from the University of Technology and two (2) from the Pacific Adventist University (PAU) are currently undergoing their Industrial Training Program with Ok Tedi Mining Limited as part of the Undergraduate Scholarship Scheme (USS). General Manager Strategic Business Development & Optimisation, Alan Bong officially welcomed the…
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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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Recent News
- Ok Tedi responds to MP James Donald’s statement on cmca extension agreement
- Ok Tedi Strengthens Community Safety with Support to Water Police
- Ok Tedi Reaffirms Commitment to Growth and National Development at PNG Investment Week
- Ok Tedi signs pilot road construction project for Tabubil/Olsobip Junction and Golgubip Station
- Ok Tedi Sponsors UPNG Law School Moot Court Competition