KMOTL is a wholly owned subsidiary of Kumuls Minerals Holdings Limited (Kumul Minerals).
The signing of the shares transfer documents took place at the Government House. It is a culmination of the State’s broader restructure of its mining and resource holding that requires all mining assets to be held under Kumul Minerals Ok Tedi Limited.
Present to sign over the transfers with Governor General, Sir Bob Dadae, was NEC Secretary, Grace So’on, Kumul Minerals Chairman, Bonny Ninai, and Secretary Francis Lola.