Ok Tedi Mining Limited (OTML)

Previously, OTML and its partners delivered K250,000 worth of basic food supplies to five flood-stricken villages in the Lower Middle Fly region.

Last week saw the commencement of this phase, marked by the staging of regional meetings in Tabubil, Kiunga and Daru.

Over three weeks, these meetings will traverse the impact regions along the CMCA corridor, facilitating dialogue between village representatives and various OTML departments. The aim is to illuminate the programs and projects earmarked to empower communities throughout the extended lifespan of the mine.

The delegation visited Kiunga and Tabubil from May 26 to 29, 2024.

Gavin Cooper, Head of Commercial Partnerships at the North Queensland Cowboys, alongside Shellie Long, a PNG Orchid, and Robert Derby, a PNG Kumul, led the visit as part of an ongoing strategic partnership aimed at fostering positive behavior change in the community. 

Minister Dilu praised OTML’s Board of Management, leadership, and employees for their work and emphasized the significance of the recent renewal of OTML's Special Mining Lease. He highlighted the visit's purpose to explore plans for the mine's life extension and to ensure its continued contribution to the country’s economy.

The conference will be held from August 7-9, 2024, at the APEC Haus, Port Moresby. This is the second time that the MRA will be staging this two-yearly conference. The inaugural conference was held in 2022.

This marks the second extension since the initial lease, granted in 1981, was renewed in 2002 after its first expiration. OTML lodged the renewal application in compliance with the 1992 Mining Act provisions with the Mineral Resources Authority on December 20, 2021.

This marks a significant 61% increase from the previous year's Quarter One (Q1) production of 16,265 DMT.

The company also reported outstanding safety performance, with a Lost Time Injury Frequency Rate (LTIFR) of zero and a Total Recordable Injury Frequency Rate (TRIFR) of 0.22, showing improvements from 2023’s rates of 0.21 LTIFR and 0.63 TRIFR.

The donation, announced during a Gala Fundraising Dinner led by OTML Managing Director and chief executive officer, Kedi Ilimbit garnered widespread support from business partners and local communities.

The program, designed to nurture emerging talent, recently admitted 16 individuals who completed their university programs in 2023 meeting the stringent entry requirements set forth by the GDS program.

General Manager of Social Performance and Sustainability Jesse Pile expressed his enthusiasm for the new intakes, urging them to seize the opportunity presented to them.

The review process will encompass the entire CMCA, with a focus on total benefits packages. Village meetings, regional meetings, and working group meetings will be conducted during this period, involving representatives from the 158 CMCA and mine villages, regional centres, and key stakeholders.

On March 5, 2024, Ok Tedi Mining Limited (OTML) officially initiated the Community Mine Continuation Agreement (CMCA) Extension Review Project for the years 2024-2025.