The Board of Ok Tedi Mining Ltd announced that it has accepted the resignation of Managing Director and CEO, Musje Werror.

OTML Board Chairman, Dr. Roger Higgins, made the announcement today.

Dr. Higgins thanked Mr. Werror for his contribution to Ok Tedi over many years, starting as a graduate trainee, working across all aspects of the business and culminating in his leadership of the company. He wished Mr. Werror every success in his next venture.

The OTML Board will immediately commence the process to recruit the next Managing Director & CEO.

In the meantime, Mark Thompson, who is currently the General Manager Major Projects, has been appointed as the Acting Chief Executive Officer until the permanent incumbent is identified.