Ok Tedi Mine

OTML medivacs man with severe burns

Gat, who is in his 50s, endured three nights of excruciating pain after both his feet were severely burnt when he collapsed and fell into a fire on Friday 12 June.

Gat suffers from epilepsy, a medical condition that has affected him since he was a child. He said, while still lying in his stretcher waiting to be transferred to an ambulance at the Tabubil airport that it was most likely epilepsy that caused him to collapse.

Ok Tedi Mine continues to operate

Graham made these remarks after Papua New Guinea announced on Thursday 16th April that it had five new COVID-19 cases, of which three were from border villages adjacent to the mine’s Bige dredging project in the Western Province.

Graham said none of the three cases are employees or contractors of OTML.

MP dissatisfied with O’Neill’s response

During Parliament’s first sitting, Western Governor Taboi Awi Yoto asked for their share of the 2017 dividends from Ok Tedi Mine.

PM O’Neill responded by saying the Government is still holding onto the 33 percent share equity in Ok Tedi for the people of Western, including their dividends.

“As a Member of Parliament for the host district of the Ok Tedi Mine, I am not happy with that kind of response from a prime minister,” MP James Donald said.

Ok Tedi shares yet to be fully transferred: O’Neill

Prime Minister Peter O’Neill revealed this when asked by Governor for Western, Taboi Awi Yoto, over their share of the 2017 dividends from Ok Tedi Mine.

The Governor said since the announcement of the share transfer and subsequent dividend announcement since production resumed, they have yet to receive a toea.

Governor Yoto asked the Prime Minister yesterday in Parliament over the status of the shares and dividend payment.

​Western Province ministers visit Ok Tedi

Governor Taboi Awi Yoto, Minister for Correctional Services and Member for Middle Fly Roy Biyama, Member for North Fly James Donald and South Fly MP Seki Agisa visited the site on September 6 and 7.

“It was particularly pleasing to be able to host this important government delegation to visit Ok Tedi,” said Ok Tedi MD/CEO Peter Graham.

Ok Tedi generated K56 billion since 1985

This was revealed by Mining Minister Byron Chan during the signing of the revised Ok Tedi Memorandum of Agreement (MoA) on June 6th in Tabubil.

Chan said from this amount, K20 billion in benefits has been received through goods and services, compensation, training and education, tax credit scheme projects, royalties, levies and dividends.

The revenue generated comes off the back of the mine producing 12 million ounces of gold, 4.5 million tons of copper and 29 million ounces of silver within the same 30-year period.

​K7m project to help landowner villages

This has been made possible through a project initiated by the Ok Tedi Development Foundation (OTDF).

OTDF has engaged Israeli agro-business company, Innovative Agro Industries (IAI), to implement the project. The six villages involved are Atemkit, Finalbin, Bultem, Kavorabip, Migalsimbip and Wangbin.

OK Tedi optimistic in 2017

Speaking at the Australia-PNG Business Council Forum in Port Moresby, Executive Officer and Managing Director, Peter Graham, said despite returning after the production disruption, due to the El Nino drought, the mine performed well, generating K2.1 billion in a 10 month production run.

Graham said their optimism is based on the mine's mineral reserves, which underpins a strong base case.

Proposed law to ban river tailings

The proposal has been put forward by the Constitutional Law Reform Commission (CLRC) and awaiting government approval.

This follows the experience of the Ok Tedi Mine operations and the dumping of mine tailings which have polluted the Ok Tedi and Fly River systems.

International environmentalists say the damage will last for decades, if not centuries.

If passed by Government, the law will protect another of PNG major water systems, the Sepik River, from the proposed Frieda Mine project in West Sepik.

Landowners call on Govt to delay equity sharing

Speaking at a media conference in Port Moresby landowner spokesperson Nick Bunn said the 33% shares belongs to the people of Western and is nothing to do with OTML, OTDF or anybody else.

“Therefore, we would like to decide on the sharing of these 33% independently.”

Bunn said the 33% equity must be shared must be shared by the Western Provincial Government, the three District Development Authorities (DDA), Mine lease villages, CMCA and non-CMCA people.