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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K30 billion in benefits expected from mine life extension

K30 billion in benefits expected from mine life extension

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)...
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Ok Tedi pays interim dividend of K100M

Ok Tedi pays interim dividend of K100M

Shareholders of the Ok Tedi Mining Limited (OTML) have a reason to smile today as the Company paid an interim dividend of K100M on Thursday October 26th while also citing a positive outlook for a final dividend payment for December 2023. OTML Board Chairman Jeffrey...
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