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 August, 2018 submitted his resignation on Sunday January 16th 2022 to contest the National General Elections in June this year.
“Mr Chan has served the Board with integrity and due diligence while providing valuable support and knowledgeable input to the Board’s Audit and Risk Committee during his term of service.
“Byron’s service to the Board will be missed, we thank him for his contributions to OTML, and wish him all the best in the coming elections,” said OTML Board Chairman, Dr Roger Higgins.
Mr Chan is a former Member of Parliament for the Namatanai Open Electorate and a former Minister for Mining.
In 2011 he was appointed as Minister for Mining and held this ministerial portfolio for 6 years until the 2017 General Election. In that capacity, Mr Chan was instrumental in introducing significant amendments to the Mineral Resources Authority Act 2005 as well as policy directives in the areas of Offshore Mining, Sustainable Mining Development and Mining Project Rehabilitation and Closure.
The vacancy on the OTML Board left by Mr Chan will be filled pending an appointment by the Kumul Minerals Holdings Limited.