Ok tedi gdp 2025. Dec 6, 2022 · OK Tedi Mine Graduate Development Scheme 2023. 7 M) to Tax Credit Scheme infrastructure projects PROCURED 48% of the total value of goods and 73% OF SERVICE CONTRACTS from PNG businesses Responded to 100% of community Ok Tedi Environmental Impacts. 2% in 2022, transportation by 12. 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. Fubilanin Tabubil, Western Province of Papua New Guinea for over 30 years. In 1968, the Fubilan Copper-Gold deposit was discovered, and the Kennecott Copper Corporation began exploratory drilling. Aug 7, 2023 · The Ok Tedi Development Foundation (OTDF) is recruiting graduates for 2023-2025 period. 3% for 2024 and 2025 compared to a real GDP growth rate forecast of 0. With continuation agreements being finalised with Western Province landowners this month, we spoke with OTML’s CEO Nigel Parker about the US$822 million extension project and likely changes to PNG’s mining laws. Dec 30, 2021 · The Ok Tedi Development Foundation (OTDF) welcomed its pioneer Graduate Development Scheme (GDS) trainees after their admission on the 5th of June. He says efficiency gains have substantially improved the mine’s competitiveness. Since mining commenced in 1984, OTML has been the foremost contributor to the economy of the PNG. May 1, 2012 · Nigel Parker, Managing Director and Chief Executive Officer of Ok Tedi Mining Limited (OTML), shares his thoughts on corporate social responsibility, mine life extension and what it means to lead a major mining company in a global market. In the 2021 GDS program are Abraham Kromnong (Accounting) University of Papua New Guinea, Edward Kosi (Architecture) Papua New Guinea University of Technology, and Moses Waiviro (Agriculture) Papua Apr 24, 2024 · Ok Tedi Mining Limited (OTML) has achieved a significant milestone with a record production result for the first quarter of 2024. Geoscience Exploration and Extraction. 3% of png’s gdp pgk 384 m (usd 121 m) profit after tax pgk 338 m (usd 106 m) net cash with ok tedi being png s employer of choice, operating as The Ok Tedi environmental disaster caused severe harm to the environment along 1000km (1,000miles) of the Ok Tedi River and the Fly River in the Western Province of Papua New Guinea between around 1984 and 2013 and ongoing. “We had to shut down our operations for six weeks,” says Stone. Musje Werror, managing director and chief executive officer of OTML, and Roger Higgins, board chairman, said they had hoped to see the transition by the fourth quarter of 2022, but the impact of the Coronavirus Abstract: The Ok Tedi mine is located in the Western Province of Papua New Guinea (PNG) and is owned and operated by Ok Tedi Mining Limited (OTML), a company that is entirely owned for the benefit of the people of PNG. 1 billion) in total sales revenue in 2019, which was 36 per cent higher than in 2018. Our recent fatal light-vehicle (LV the Ok-Tedi copper and Simberi gold mines, and delays in opening the Porgera gold mine. Total mineral export, including LNG and condensate, receipts were K25,778. Posted up on display boards were images capturing the development and growth of the company’s operations, people and community over the years since discovery of Mt Fubilan in 1963, where the current Ok Tedi Mine sits today. We work hard to minimise, mitigate and remediate any damage that we create. Since the start of the Ok Tedi mining project in Papua New Guinea in 1981, Broken Hill Proprietary has operated it. 1 Having originally opened for gold extraction in 1984, the operation diversified into copper production 3 years later. Ok Tedi Mining Limited (OTML) has been developing university graduates into competent and qualified professionals in the respective disciplines since 1988. Inflation, which rose to 5. “We are also looking for female Papua New Guineans to join our operation. The CMCA Extension Review Project will be conducted from 2024 to 2025 with the aim to obtain consent from the Oct 23, 2013 · At the time of the 2001 agreement, BHP Billiton’s preference was for closure of Ok Tedi. The history of the OTML dates back to 1963 when copper mineralisation was first identified near the current mine site when a government patrol made contact with the Min people of Star Mountain. by Staff - 06 December. 719 reads. The new Agreement was signed following two-days of consultations between OTML’s Management Team and the OTMAWU Executives. OTML is committed to openly, honestly and transparently reporting our strategy, performance and impacts to our stakeholders. 3). Production: About 200,000 tons of copper and 500,000 ounces of gold a year. 4% The Ok Tedi receives waste rock and tailings from the Ok Tedi mine and the Strickland receives sediment from mining operations at Porgera. Directed mentorship and on-the-job training training throughout the duration of the program. Inflation accelerated from 4. 5 or a Cumulative Weighted Average of 75% and above in your Apr 9, 2021 · MINING IN PNG. OTML Is interested in students taking NC3 Ok Tedi Mine: Some Facts and Figures Operating Life: 1984–2010. Acting President of Apr 9, 2021 · CRUSHER REPLACEMENT PROJECT. December 5, 2022 Editor Graduate Development Programs. The Apr 26, 2021 · The Ok Tedi Development Foundation (OTDF) launched its five year Strategic Business Plan 2021 – 2025 last week, aimed at realigning its strategies and programs to deliver on realistic targets. Tags: Ok Tedi Mining Limited (OTML) GEE Conference. School leavers from universities and technical institutions around the country are encouraged to apply. Every mine in PNG requires a mine closure and decommissioning plan. 2025 Graduate Development Program | Department of Infrastructure, Transport, Regional Development, Communications and the Arts THE OK TEDI MINE IN PAPUA NEW GUINEA Figure 2. Since 1982 more than 10,000 employees have undertaken education and training in some Ok Tedi Mining Limited has a comprehensive Mine Closure Plan for what happens after the mine closes in 2025. Ok Tedi Mining Limited recently welcomed 16 new intakes under its Graduate Development Scheme Program. Ok Tedi Mine. The inaugural conference was held in 2022. Graduates MUST be from Western Province or have a parent from Western Province to be eligible. Applications close on 22 nd November 2023. Nov 1, 2023 · Why start your career with Ok Tedi Mining Limited (OTML)? Join a One Team, Wan Pasin culture where all employees have equal chance to success and where diversity is celebrated. 8 billion (US$1. ” OTML is offering Apprenticeship Training in the following Trade Categories: Automotive Electrical; Cabinet Making & Joinery OTML makes a significant economic contribution to PNG and the Western Province through: investment in local and regional infrastructure, including roads, bridges, jetties, hospitals, schools. This is the second SML 1 (0) lease term extension for OTML. 6%. Principal mineral exports were gold, copper, nickel and cobalt. About OK Tedi Mining Limited. Nigel Parker, Managing Director and CEO of Ok Tedi Mining Ltd. About. The organisationhas a workforce of around 2,500 people, being 98% national employees who are skilled and operate primarily contributed 3. For a Aug 29, 2017 · Even in 2016, when production did not resume until late February after a drought-induced shutdown, Ok Tedi accounted for 3. Posted up on display boards were images capturing the development and growth of the company’s operations, people and community over the years since discovery of Mt Fubilan in 1963, where the Ok Tedi mine sits today. Aug 28, 2019 · Also on display was a media board showcasing the historical timeline of OTML from 1963 and looking beyond 2025. Our current percentage of females in the workforce is 11 percent, and we have set a target to increase to 20 percent by the year 2025. Apr 9, 2021 · The following year, Ok Tedi became a majority state-owned enterprise when the SDP shares were cancelled, and the government of PNG scaled its direct ownership to 87. The Fly basin has a humid tropical climate and average rainfall varies with elevation (Moi et al. 1: The OK Tedi mine. Among many initiatives and programs in place that contribute to achieving this commitment is the focus on ensuring OTML’s Landowner Companies These include the transfer of public infrastructure assets, for example the maintenance of the Tabubil/Kiunga Highway to third parties prior to cessation of production, creating alternative income generating opportunities for the CMCA communities, sustaining community programs implemented by the Ok Tedi Development Foundation (OTDF), increase Nov 8, 2022 · OK Tedi Mining Limited plans to extend its operation beyond the mine life in 2032. Ore mined from the open pit mine at an annual rate of 24 million tonnes feeds a processing facility which consists of a gyratory primary crusher, two parallel grinding modules, flotation and Apr 26, 2024 · Full steam ahead at Ok Tedi on both production and lease renewal. Late applications will not be considered. Ok Tedi Mining. Ok Tedi operates a large-scale copper and gold mining and processing facility in the Western Province of Papua New Guinea. This event occurred throughout its operational work sites which included the Mine, Mill, Tabubil, Bige, Kuinga and Port Moresby. 3% of Papua New Guinea’s gross domestic product (in a full year of production, the mine accounts for closer to 5% of GDP) and earned a profit of US$ 121 million, paying US$47 million in dividends to its government Jan 22, 2024 · In a groundbreaking achievement, Papua New Guinea's Ok Tedi Mining Limited (OTML) has set a new record by generating an unprecedented K684 million (USD$184 million) in revenue for the month of December 2023. Ok Tedi generated K3. Ok Tedi Mining Limited will continue copper, silver and gold mining operations in the Star Mountains of the Western Province until at least 2025. 8 billion per year (seasonally adjusted), the highest in the state. I first came to Papua New Guinea in 2001. This year, the Company has already provided US$272 Million into the PNG market as at June 20th. Since 1970, the mining sector has played an influential role in PNG’s economy. The previous Industrial Agreement signed in 2019 was valid for three years. Nov 1, 2020 · Despite the impending deadline of 2025, Ok Tedi is still investigating new possible projects, including the Townsville Au prospect ~5 km north and several near-mine targets, albeit noting the “environmental constraints due to riverine tailings disposal and waste disposal” (page 35, 2019 Edition, OTML, various). The industry is facing a number of competing trends as well as a rapidly changing global business environment. Apr 9, 2021 · Ok Tedi understood the magnitude of the pandemic from the onset and quickly established an incident management planning team to mitigate against the virus. Muguwa Dilu, encapsulated the rich history, significant achievements, and promising future of one of Papua New Guinea's Company Description: Ok Tedi Development Foundation is the legal entity that manages community development benefits from Ok Tedi mine operations on behalf of the 147,000 river residents living in 158 villages throughout Western Province. The remarkable financial success is attributed to a Dec 1, 2023 · The OK Tedi Mining Limited OTML is looking forward to sponsor students on a two-year term, commencing in January 2024 through their Undergraduate Scholarship Scheme. 5% in 2021 to an estimated 6. Fubilan, in the headwaters of the Ok Tedi River, as a joint ownership between Broken Hill Proprietary Company (BHP) (52%), the Papua New Guinea state (30%) and Canadian miner Inmet (18%). To be considered for the OTML Graduate Development Scheme you must: Star Mountains Training Institute. Prices for food and nonalcoholic beverages rose by an estimated 7. Papua New Guinea copper & gold mining major Ok Tedi Mining Ltd (OTML) has announced a record production result for the first quarter of 2024, with an achievement of 26,114 dry metric tonnes (dmt) of copper, marking a substantial increase Since the mine’s formation, OTML has contributed more than 10 billion kina to assist the development of economically sustainable local and regional communities in the Western Province. The sustainable development of communities depends on their economic viability. Initially, this worked well, however, in August 2020, the company was dealt a blow. Interestingly, Ok Tedi mine was due to be closed in 2010. Mineral exports are gold, copper, silver, nickel and cobalt. Real gross domestic product (GDP) by industry In the 3rd quarter of 2023 , the real GDP for government and government enterprises in Oklahoma was $40. The new 5 Year Industrial Agreement will be implemented from 1st January 2023 and will be in effect until the end of 2027. Rainfall excess of 10,000 mm/year occur at the Ok Tedi mine site (1,500–2,000 masl) and decline to Dec 3, 2021 · Photo: Ok Tedi Mine. The approval is based on the latest Strategic Business Plan submitted by the Executive Leadership Team and discussed during the OTML To be eligible: ️ Be in your final year of undergraduate study in PNG or an overseas university in 2023 ️ Have a minimum GPA of 3. In 1968 the Fubilan Copper-Gold deposit was discovered, and the Kennecott Copper Corporation commenced exploratory drilling. Their two-year Graduate Development Scheme (GDS) is comprehensive and offers on-the-job training. We are led by a committed team who actively work alongside the 147,000 river residents of the Community Mine Continuation Agreement (CMCA) corridor, living in 158 villages throughout Western Province. About 1,800 are Papua New Guinea citizens and 800 live within a 40-kilometer radius of the mine. We do this through our Annual Reviews and make copies of each year’s Sep 22, 2023 · The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension of the Ok Tedi mine from 2033 to 2050 which will see the mine generate in excess K30 billion for the country. Holding a portfolio of several exploration leases, OTML is extensively involved in the community and development of Jan 1, 2015 · This thesis examines the development of the OTMC, and assesses the way it shaped the relationship between the main stakeholder organisations - Ok Tedi Mining Limited, PNG Sustainable Development Apr 29, 2024 · Ok Tedi Mining Limited (OTML) recently renewed its Special Mining Lease (SML) 1 (0), gaining an additional 20-year lease term from 2022 to 2042. Ok Tedi originally goes back to 1963 when copper mineralisation was first found near the current mine site when a government patrol made contact with the Min people of Star Mountain. Fubilan resource Ok Tedi Mining Limited officially launched the Community Mine Continuation Agreement (CMCA) Extension Review Project 2024 – 2025 on 17th February and commenced engagement meetings on 19th February. Dec 5, 2022 · Ok Tedi Mining Limited (OTML) has been developing university graduates into competent and qualified professionals in the respective disciplines since 1988. General Manager Social Performance and Sustainability, Jesse Pile, welcomed the intakes and urged them to grab this opportunity with open arms. Against the backdrop of commodity price fluctuations, miners should be able to OTDF is a not-for-profit organisation, operating independently of Ok Tedi Mining Limited since 2010, and is a 100% owned Papua New Guinea company. Over the next few years, OK Tedi Mining Limited expects to witness a gradual growth in dividends of up to K1 billion each year. 0% in 2022 (Figure 2. By December 2001, the mine had Nov 20, 2023 · OTML Graduate Development Scheme 2023. Dec 7, 2022 · The Ok Tedi Mine will generate over PGK19 Billion in dividends for the benefit of Papua New Guinea over the next 11 years, says Ok Tedi Mining Ltd (OTML) General Manager Commercial and Chief Financial Officer Cameron Clark. OTDF is mandated to ensure the wise and sustainable use of the wealth created from mining operations for future generations; something everyone Image Applications for our 2025 Graduate Development Program have closed. Access your account and work remotely for Ok Tedi Mining Limited, the leading copper, gold and silver producer in Papua New Guinea. In this exclusive interview with Business Advantage PNG, Musje Werror, the man chosen to lead Ok Tedi Mining, outlines his strategy. 5%, and household appliances by 10. As a 100% owned PNG company, we focus on responsibly generating profits to provide continuing benefits to the people of Papua New Guinea. Ok Tedi Mining Limited officially launched the Community Mine Continuation Agreement (CMCA) Extension Review Project 2024 – 2025 on 17th February and commenced engagement meetings on 19th February, 2024. In 2022, OTML sold US$580 […] Dec 20, 2023 · According to the World Bank’s Global Economic Prospects, the Euro area has a real GDP growth rate forecast of 1. Ok TediMining Limited (OTML) is a 100% PNG owned company that has operated an open-cut copper, gold and silver mine and associated facilities at Mt. 8 percent in 2021, reflecting higher import prices for goods from major trad ing partners, higher commodity prices particularly THE HISTORY OF OK TEDI. According to managing director Musje Werror, the Ok Tedi mine still contains roughly 200 million tonnes of resource that will remain in the earth after 2032 and can support mine operations long into the 2040s and even the 2050s. com. Jobs: Ok Tedi Mining Limited (OTML) employs about 2,000 staff. 1% of png’s gdp – pgk 466 m (usd 141 m) profit after tax – pgk 100 m (usd 30 m) dividend paid – provided foreign currency into png market environmental – mine was compliant with environmental criteria safety and finalised ownership 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. The Ok Tedi mine also attracted international media interest because the practice of riverine waste disposal caused extensive environmental damage to the Fly River and ultimately led to a . May 27, 2020 · In some much-needed positive resources news, state-owned Ok Tedi Mining’s (OTML) 2019 annual review announced that its copper production increased by three per cent and gold by nine per cent compared to the previous year. Yet the mine comprised an estimated 11 per cent of GDP and produced 19 per cent of total exports. Mar 1, 2001 · Abstract. One of OTML’s major continuing concerns is the environmental effects of our operations. The cohort completed their respective university programs in 2023 and were selected after meeting the GDS program entry requirements. May 20, 2024 · 09:59, May 6, 2024. GDP = gross domestic product. Sep 19, 2013 · Papua New Guinea's government has taken 100 percent ownership of the controversial Ok Tedi gold and copper mine after a lingering dispute with a development fund with controlled the majority stake Ok Tedi Mining Limited operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine at Mt. The Graduate Development Scheme (GDS) is a comprehensive two-year programme which offers graduates, across a range of disciplines, the opportunity to enter the workforce and obtain on-the job training and mentorship in a world-class mining operation. 3 per cent in 2024 and 4. Some managers, superintendents and employees from the local area rent accommodation and live on site in Tabubil and Kiunga. […] As a 100% Papua New Guinea-owned mining company, OK Tedi Mining Limited (OTML) is the longest-running copper, gold, and silver producer through its operation in the Star Mountains of the North Fly District in the Western Province. The Ok Tedi environmental disaster caused severe harm to the environment along 1,000 km (620 mi) of the Ok Tedi River and the Fly River in the Western Province of Papua New Guinea between around 1984 and 2013 and ongoing. This marks the highest monthly revenue recorded throughout the entire year. PNG, Western Province and communities obtain enduring benefits from OTML through employment, local business, dividends, taxes and royalties, goods and services Sep 22, 2023 · THE OK Tedi Mining Limited (OTML) has had its mine life extension approved from 2023 to 2050, with an expected dividends payments in excess of K 30 billion, says chief executive officer Kedi Ilimbit. The conference will be held from August 7-9, 2024, at the APEC Haus, Port Moresby. OK Tedi in collaboration with its Business Partners planned and delivered the National Mine Safety Week from the 30thof April – 05thof May 2023. Used with permission from Ok Tedi Mining Limited. During the momentous event on 23th April, the Minister for Mining, Hon. 3% and 2. Annual Reviews. 1 percent in 2020, remain s high at an estimated 5. A deal was stitched up for the mine to Nov 8, 2023 · Address your application cover letter to: All inquiries regarding your application can be directed to: rpng@airswift. Ilimbit said this marked a significant milestone for the mine, its shareholders and for the country in general. The mine is located at an altitude of approximately 2,000 m, in an area of dense April 30th–05thMay 2023. The Ok Tedi mine is a major producer of copper concentrate containing gold and silver for the world smelting market in Germany, India, Korea, Japan and the Philippines. Economic opportunities can be presented to both the state and the rural poor. Mining can bring economic opportunities such as the fiscal income generated through taxes collected from the mining Jun 6, 2022 · Photo credit: Ok Tedi Mining According to the company, Ok Tedi Mining Ltd (OTLM) will complete the shift from current lower grade ore to high grade ore sources, over the next 12 months. Mar 5, 2024 · by pcAdminPNG March 5, 2024. Posted by Paul Moore on 26th April 2024. May 8, 2024 · At least two elected Members of Parliament from Western Province have called on the government for a better deal and greater benefits for Western ahead of the OK Tedi Mine Review 2025. Ok Tedi Mining Limited operates the longest running, world-class, open-pit, copper, gold and silver mine in Papua New Guinea. Applications for the 2026 program will open in March 2025. Our economic development programs are delivered through the Ok Tedi Ok Tedi environmental disaster. This is in line with OTDF’s vision to empower the Community Mine Continuation Agreement (CMCA) communities and associated entities in the Western Apr 9, 2021 · Ok Tedi is a FIFO operation working 12-hour shifts, four weeks on by four weeks off, although the expatriate rotation is longer at the moment based on COVID-19 quarantine requirements. Aug 30, 2023 · Each state’s GDP is divided into the US GDP to determine the percent share that a state contributes to the national economy. Applications close on November 22, 2023. Oklahoma’s economy continues to benefit from historical and recent • Income Tax Relief: Over the past several years, Oklahoma has seen historic 2025. Outspoken North Fly MP and Shadow Minister for Mining and Environment, Conservation and Climate Change, James Donald, and Middle Fly MP Maso Hewabi […] Jun 12, 2018 · The Chief Executive of copper and gold producer Ok Tedi Mining, Peter Graham, believes the Papua New Guinean company will enjoy a ‘sweet spot’ in the next few years. Jul 31, 2023 · Ok Tedi Mining Limited (OTML) is committed to our vision of social value which reflects our purpose through providing business opportunities in ensuring our local communities ‘transition towards a more sustainable future after the Life of Mine. As the key pillar of Papua New Guinea’s economic growth, mining accounts for around 26% of the national GDP and almost 90% of all export revenue, the vast majority of which comes Sep 22, 2023 · The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050, marking a significant milestone for OTML, its shareholders and for Papua New Guinea (PNG) in general. 4 million in 2020, a decrease of 20 per cent on the previous year. Since 1982 OTML has contributed over PGK23 billion to the economy of the Western Province and the Nation in the form of royalties, dividends, taxes, compensation, wages, and (USD 5. After the Aug 26, 2019 · Also on display was a media board showcasing the historical timeline of OTML from 1963 and looking beyond the year 2025. The CMCA Extension Review Project will be conducted from 2024 to 2025 with the aim to obtain consent from the 158 mine impacted villages to extend mine […] Head Office: Phone: +675 649 3000 Submit Enquiry 1 Dakon Road, Tabubil, Western Province, 332, Papua New Guinea Dec 23, 2012 · Ok Tedi was the only source of income for many landowners and the lynch pin of the economy, contributing a massive 10 per percent of gross domestic product. 34. 4 M) for Ok Tedi Development Foundation (OTDF) programs Total contribution of PGK 1,374 M (USD 428 M) to the Province and PNG economy CONTRIBUTED PGK 5. 8 percent. Ok Tedi Mine is located in extremely remote and rugged part of PNG. Dec 14, 2012 · In November 2012, Ok Tedi Mining Limited (OTML) submitted a feasibility plan to extend the Ok Tedi mine’s life to 2025. The Ok Tedi Mine Closure and Decommissioning Code 2001 (Code) requires that updates to the draft mine closure plan are submitted to the State every three years. Musje Werror, managing director and chief executive officer, spoke at the PNG Mining and Petroleum Conference and Exhibition in 2021. , 2001). Sources: Bank of Papua New Guinea; Asian Development Bank estimates. Our History. The mine is located on Mt. Dec 10, 2014 · The life of the key Ok Tedi mine is to be extended for another 11 years, but with falling ore prices and diminishing resources, the company faces critical challenges. Summary. These includes Ani Topurua who was appointed to the newly created role of Manager Social and Sustainability, Carolyne Manahave as Manager 2 | ok tedi mining limited annual review 2018 ok tedi mining highlights 2018 economic – contributed 3. Advertisement. The lives of 50,000 people have been disrupted. The communities are grouped into nine regions and represent over 147,000 people. It is also a sign of the confidence the board has in the company’s ability to deliver over the next two decades. Oct 10, 2019 · Mining accounted for more than 10 per cent of GDP in 2019 and the sector was responsible for 35 per cent of the country’s export revenues. Weak environmental protection laws and a series of ecological The Community Mine Continuation Agreement (CMCA) defines the cash compensation, investment and development payments that OTML makes to the 158 communities affected by the mining operations in return for the license to continue operating the Mine until 2025. The mine is operated by Ok Tedi Mining (OTM), which is majority-owned by the PNG Sustainable Development Program Nov 15, 2021 · November 15, 2021 The National Education. OTML aims to maximise the value of contracts to landowner companies (LANCOS) from the current 31 percent to 60 percent participation by 2025 with the opportunity to venture into major contracts. The company reported an outstanding achievement of 26,114 dry metric tonnes (dmt) of copper (Cu), marking a substantial increase of 61% compared to the same period last year, which stood at 16,265 dmt. Forecast. OK TEDI Mining Ltd (OTML) has announced that applications for its 2022 apprenticeship training and graduate development scheme (GDS) programmes are now open. We are a sustainable, efficient and well-regarded operating company that delivers value to our stakeholders and the PNG economy. Graduates are exposed to cutting edge technology and best business practices. If you want to join our exciting Graduate Program, please apply. Feb 17, 2011 · The Ok Tedi mine, a large copper and gold mine located in the Star Mountains in Papua New Guinea close to the border with the province of West Papua in Indonesia, has been a focus of international Ok Tedi Mining Limited (OTML) has announced the appointment of four females to various management roles within the Company as part of its Vision 2025 to increase the number of females in leadership roles. Nov 15, 2023 · Ok Tedi Mining Limited (OTML) is once again offering Apprenticeship Training in the following Trade Categories for 2024. The Ok Tedi Mine is an open-pit copper and gold mine in Papua New Guinea located near the headwaters of the Ok Tedi River, in the Star Mountains Rural LLG of the North Fly District of the Western Province of Papua New Guinea . 5 M (USD 1. Over the last 38 years, the scope of works offered to LANCOS have been limited to minor service contracts. 6 per cent in 2025. Ok Tedi Development Foundation (OTDF) is a dynamic organisation that delivers projects to communities through a unique partnership between mining, the people and government of Papua New Guinea. Their two-year Graduate Development. Fubilan in Papua New Guinea. Ok Tedi Mining Limited (OTML) operates the Star Mountains Training Institute (SMTI) as a Registered Training Organisation (NTC # 019) in Tabubil and is committed to the development of its most valuable resource – employees. Mek Kelly was appointed Manager Mine Maintenance effective as of November 19 th 2021. Ok Tedi Mining Limited (OTML) is accepting applications for their Apprenticeship Training for 2024. page 1. OTML remits an Annual Review to members of the PNG Parliament, presenting the integrated financial and non-financial results of OTML. May 8, 2024 · The ADB outlook says the Porgera reopening – along with increased output at the Ok Tedi copper-gold mine and Lihir gold mine in 2025 – will spur an increase in GDP growth from an estimated 2 per cent in 2023 to 3. However, following extensive mining studies which resulted in the further definition of the Mt. Apr 29, 2020 · In November 2012, Ok Tedi Mining Limited (OTML) submitted a feasibility plan to extend the Ok Tedi mine’s life to 2025. Expression of Interest are invited from single young men and women between the ages of 18 & 26, who are currently in their final year and enrolled at a Technical Institution in 2023. Mr Kelly started with OTML 18 years ago as an apprentice and then joined the Mine Maintenance Ok Tedi Mining Limited (OTML) brings 100% of its sales revenue into the country and provides an average of more than US$600 Million in foreign currency annually into the Papua New Guinea market. This is the second time that the MRA will be staging this two-yearly conference. yi gp je xf si dm ss py wr ao