OTML to generate K40 Billion over next 26 years.

OTML to generate K40 Billion over next 26 years.

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...
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Ok Tedi Declares Final Dividend of K250 Million

Ok Tedi Declares Final Dividend of K250 Million

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...
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OTML backs 2024 GEE Conference as Gold Sponsor

OTML backs 2024 GEE Conference as Gold Sponsor

Ok Tedi Mining Limited (OTML) has come on board as a Gold Sponsor of the 2024 Geoscience, Exploration & Extraction (GEE) Conference and Exhibition with the presentation of K100,000 to event hosts, the Mineral Resources Authority (MRA). OTML’s General Manager...
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OTML Extends Special Mining Lease (SML) 1(0) to 2042

OTML Extends Special Mining Lease (SML) 1(0) to 2042

Ok Tedi Mining Limited (“OTML’) has successfully renewed its Special Mining Lease (SML) 1 (0), gaining an additional 20-year lease term from 2022 to 2042. This is the second SML 1 (0) lease term extension for OTML. The initial SML 1 (0) lease, granted in 1981 expired...
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OTML generates K684 million for December 2023

OTML generates K684 million for December 2023

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...
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