Latest News
Latest news, reports and information about Ok Tedi Mining Limited and its subsidiaries.
OTML working with State and Industry Body to address data risks
Ok Tedi Mining Limited (OTML) is working closely with the State and the PNG Chamber of Mines and Petroleum to ensure risks to data security and confidentiality in mineral production are mitigated. OTML Managing Director and Chief Executive Officer, Musje Werror, said...
OTML Director resigns to contest General Elections
Ok Tedi Mining Limited (OTML) announced the resignation of one of its directors, Mr. James Byron Chan (OL), after serving more than three years on the OTML Board. Mr Chan who was also member of the OTML Board’s Audit and Risk Committee since his appointment on the 1st...
OTML launches Vaccine booster rollout
Ok Tedi Mining Limited (OTML) has launched the rollout of its COVID-19 vaccine booster program in Tabubil on January 19th following the release of the Booster Vaccination Direction by the Controller. In its continuous effort to protect the workforce, community and...
OTML signs PGK50million Phase 1 Tabubil-Kiunga Road Upgrade & Sealing Project
Ok Tedi Mining Limited (OTML) has signed a PGK50 million project agreement to commence the upgrading and sealing of the Kiunga-Tabubil Highway. The agreement was signed today (11th January 2022) in Port Moresby between OTML and contractor, China Railway Construction...
Ok Tedi TCS to Develop Region
Ok Tedi Mining Limited (OTML) has commended the National Government for the increase in the Tax Credit Scheme (TCS) ceiling from 0.75% to 2% as announced in the 2022 National Budget. The change, along with strengthening production from the mine, will see a significant...
Ok Tedi Declares Final Dividend of PGK300 Million
Ok Tedi Mining Limited (OTML) Chairman Dr Roger Higgins today announced that the Company has declared a final dividend of PGK300 million which was paid on Friday 24th December to its shareholders, bringing total dividends paid by OTML this year to PGK450 million.
OTML Announces New Senior Appointments
Ok Tedi Mining Ltd (OTML) has announced several senior appointments as part of its Vision 2025 to nationalise all management positions by 2023 and 2025 respectively.
OTML announces changes to Board of Directors
Ok Tedi Mining Limited (OTML) today announced the appointment of three new directors by its majority shareholder the Kumul Minerals Ok Tedi Ltd (KMOTL) which owns 67% of the Company.
OTML Refurbishes Filter Units
Ok Tedi Mining Limited recently completed the refurbishment of its filter units at its Kiunga Operations as part of its Plant Asset Renewal (PAR) Program. The PAR program is a progressive replacement and refurbishment program of the processing, dewatering and ship...
Ok Tedi appoints national to lead Mine Maintenance team
Ok Tedi Mining Limited (OTML) is proud to announce the recent appointment of a national to lead the Mine Maintenance Department within its Mining Business Unit. Mek Kelly was appointed Manager Mine Maintenance effective as of November 19th 2021. Mr Kelly started with...