Mining and Petroleum Review

This is part of Community Mine Continuation Agreement (CMCA) Extension Agreements and various compensation and benefit sharing agreements between comminutes, landowners and OTML.

According to the Mining and Petroleum Review (Vol. 4, Issue 3), over K40 million was paid to CMCA communities in August, while K9 million was paid to the Mine Village Development Funds, land lease and general compensation payments in September.

Earlier in the year (April) K15 million was paid out under the Ok Tedi Restated Eight Supplementary Agreement General Compensation to the communities.

And Ok Ted Mining Limited (OTML) is at the forefront of training local hydrographers.

According to the Mining and Petroleum Review (Vol. 4, Issue 3), OTML has engaged a trainer from TAFE Australia under the Australian Laboratory Services (ALS) Hydrography Qualification Training to teach three of its staff.

Currently they are working on attaining their Certificate III in Water Operations after OTML the temporary shit down of OTML