Ok tedi mine png

Aug 29, 2017 · Rarely has a developing-country government been better prepared to negotiate with foreign investors than was the new government in Papua New Guinea in the mid-1970s as it prepared top deal with the huge Bougainville and Ok Tedi mining projects. The Ok Tedi porphyry and skarn copper-gold deposits on Mount Fubilan (2053 mASL) are located in the Star Mountains of far western Papua New Guinea, 18 km east of the Indonesian border. The OK Tedi Mine has several job positions. Since 1970, several large mines have been developed in PNG (e. By the 1990s the lower Ok Tedi up so much that it regularly overflowed its banks and deposited sterile sand on top of levees that had previously been the most garden sites for people living along the river. Discovered in 1968, the mine is operated by Ok Tedi Mining Limited (OTML), a wholly owned company of the mine owner far more dramatic effects of the massive dumping of mine. Alexandra Eastwood September 25, 2023, 1:53 pm. Technical Advisor - Maintenance. Methods: logistic regression and propensity score matching to investigate the differences between mining and non-mining villages in these two regions. File history. Dec 5, 2022 · Monday, December 05, 2022 Business News , Headlines , Mining News. From Wikimedia Commons, the free media repository. The application process is online. In addition, about 60,000 t/d of ore is mined and delivered to the mill for processing. 3 MINING GOLD AND COPPER AT OK TEDI 2. oktedi. About OK Tedi Mining Limited. 2 Billion in taxes/duties, PGK1. Ok Tedi Mining Limited (OTML) generated a record K684 million (USD$184 million) for the month of December in 2023, the highest recorded monthly revenue for the year. Aerial view of the Bige Dredge Operations. Ok Tedi Mining Limited (OTML) has surpassed its annual sediment dredge target of 10 Million Cubic Meters (Mm3) and its rehabilitation target of 35 hectares for 2023 at its Bige Operations, located 125km from the mine. Musje Werror, managing director and chief executive officer, spoke at the PNG Mining and Petroleum Conference and Exhibition in 2021. Fubilan in the Western Province of Papua New Guinea. Feb 25, 2018 · Source: Landslide and damage to Ok Tedi’s copper concentrate pipeline caused by earthquake. The Ok Tedi Mine in Papua New Guinea 2. Location : Papua New Guinea. Since the 1970s, mineral extraction has dominated the national economy. The OK Tedi Mine is owned by Mineral Resources Development Co Ltd;Government Of Papua New Guinea, and is due to operate until 2030. Since mining operations commenced in 1984, the mine has generated PGK13 Billion in dividends to PNG shareholders, PGK10. But, as subsequent The OK Tedi Mine is an open cut copper and gold operation in Papua New Guinea, in production since 1984. A magnitude 7. Ok Tedi mine was a green-field operation located in a rugged area of the PNG Western Province that required the 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. How to apply. The deposit is mined as a large openpit, with a flotation processing plant capable Dec 6, 2022 · Ok Tedi Mining Limited operates the longest running, world-class, open-pit, copper, gold and silver mine in Papua New Guinea. Ok Tedi Mining Limited Mr Clark said this today when speaking at the PNG Mining and Petroleum Investment Conference in Sydney, Australia. Ok Tedi Mining Limited Sep 22, 2023 · The Ok Tedi mine is an open-pit copper, gold and silver mine located at Mt. Other mining activities (e. This year marks the 30th anniversary of the commencement of mining operations at Ok Tedi in Papua New Guinea’s Western Province. 66 mmtpa of ROM and primarily producing Apr 24, 2024 · Port Moresby, April 24, 2024 - Ok Tedi Mining Limited (OTML) has announced the successful renewal of its Special Mining Lease (SML) 1 (0), securing an additional 20-year lease term extending from 2022 to 2042. Ok Tedi Mining Ltd (OTML) General Manager Commercial Aug 31, 2017 · Fish populations utilised by riparian populations along the Fly River, Papua New Guinea (PNG), downstream of the Ok Tedi gold and copper mine have markedly declined in species richness (between 21 and 90%) and biomass (between 57 and 87%) during the operation of the mine (Storey et al. 3. entitled. g. Ok Tedi Mining Limited was incorporated as an entity to operate the project in 1981 and was formed from a partnership between BHP (as the majority shareholder), the PNG Government, Amoco Corporation and Inmet Mining Corporation. About 1,800 are Papua New Guinea citizens and 800 live within a 40-kilometer radius. Up to 240,000 t/d of overburden is mined from a pit covering about 2. 5 million tons of copper. Refer to the flyer uploaded below. OTML is committed to increasing the Oct 14, 2021 · Since 1984, Ok Tedi has been the largest gold mine in PNG and has contributed on average per year more than 7% of PNG’s GDP. Developments in Dec 7, 2020 · The Ok Tedi copper-gold mine in Western Province, Papua New Guinea, is situated in the western part of the Ok Tedi Complex where monzodiorite to quartz monzonite intrusions are associated with Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. External Auditor PriceWaterhouseCoopers (PWC) has verified the financial statements and the verification statements are included in this report. Ok Tedi environmental disaster. OK Tedi Mine in Papua New Guinea has several job positions. The two largest gold mines are the Porgera (Enga Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. , The Fly River Papua New Guinea. Our registered office is located in Tabubil, Western Province, PNG. Other resolutions: 283 × 240 pixels | 566 × 480 pixels | 906 × 768 pixels | 1,181 × 1,001 pixels. 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 The average Ok Tedi Mining salary ranges from approximately $80,149 per year (estimate) for a Procurement Officer to $80,149 per year (estimate) for a Procurement Officer. Posted 15/06/2021. Much has been written about that mine and the devastating impact of its method of riverine Jan 1, 2003 · The Ok Tedi porphyry copper-gold mine is located in the Star Mountains of Western Province, Papua New Guinea. Other factors contributing to the record revenue include THE OK TEDI MINE IN PAPUA NEW GUINEA 2. 5 Billion in compensation Oct 27, 2021 · Papua New Guinea's OK Tedi Mining Limited Begins Second Phase of Community Mine Continuation Agreement Review June 21, 2024 Illegal Miners Complicate Operations at PNG's Porgera Gold Mine, Says New Porgera Limited The Board of Ok Tedi Mining Ltd (OTML) has appointed Mr Kedi Ilimbit as the Company’s Managing Director and Chief Executive Officer effective 17th April 2023. Ok Tedi Mining employees rate the overall compensation and benefits package 4. Ok Tedi Mining Limited was established in 1981 to mine the Mt. About Ok Tedi Mine. Subsequent terrain hazard mapping has identified numerous landslides Fish populations utilised by riparian populations along the Fly River, Papua New Guinea (PNG), downstream of the Ok Tedi gold and copper mine have markedly declined in species richness (between 21 and 90%) and biomass (between 57 and 87%) during the operation of the mine (Storey et al. Campbell1 • John Beardall2. Sep 25, 2023 · Ok Tedi gives back. This marks a significant milestone for OTML, its shareholders and for Papua New Guinea in general and is a sign of the confidence the Board has in the company’s ability to deliver over the next two decades. The second largest mine with approximately 8. Ok Tedi Mining Limited operates the longest running, world-class, open-pit, copper, gold and silver mine in Papua New Guinea. APPLY NOW. The clinic will play a vital role as a catchment clinic for the Tabubil Hospital and will provide medical services, staff and Oct 19, 2023 · Jobs at OK Tedi Mine , PNG. Photo credit: Ok Tedi Mining - Part of the Tabubil/Telefomin road currently under construction is one of the TCS funded projects. The Ok Tedi Mine is an open-pit copper and gold mine located in the Star Mountains of the North Fly District of the Western Province of Papua New Guinea. “We had to do a lot of capital works at the mine this year to make sure that we can actually keep going for another 20 or 30 years, that is a major Sep 22, 2023 · The Ok Tedi mine is an open-pit copper, gold and silver mine located at Mt. Since 2002, Ok Tedi Mining has been owned by the government Jan 6, 2023 · The OK Tedi Mine has a job Position of : Economic Programs Officer . along the Fly River, Papua New Guinea (PNG), down-. 58 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. Advised by an array of experts from around the world, including Marian Radetzki, we attained terms that were in many ways a model. This was a further increase in value from the 2020 plan, which had extended mine life from 2026 to 2029. In the case of the Ok Tedi mine, attention has focused largely on claims for downstream ecological damage and the ensuing settlement on behalf of people living along the Lower Ok Tedi. Field Technician. declined in species Feb 24, 2006 · File:New guinea ok tedi mine. 1/5 stars. Side branches. 1) to mitigate the negative effects of acid rock drainage (ARD) on the surrounding aquatic environment (OTML, 2021). JOIN THE PRIDE OF A NATION Visit our ‘Careers’ page at www. 6 square kilometres. with the Papua New Guinea Companies Act of 1997 and these comply with the International Financial Reporting Standards (IFRS) and other generally accepted PNG accounting practices. A journey along the Fly River uncovers a serious humanitarian crisis unfolding. Theory: Sustainable livelihood framework. In this Act–. Fubilan, located in the beautiful Star Mountains in the Western Province of Papua New Guinea just 16km east of the Indonesian border. Environmental studies in an impacted tropical river system. Developments in 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 Aug 23, 2022 · Advertisement. Like all major mines, however, Ok Tedi has produced a series of large-scale ripple effects throughout the surrounding region, both downstream and upstream. The Ok Tedi mine is an open-cut copper, gold and silver mine located at Mt. Over the next few years, OK Tedi Mining Limited expects to witness a gradual growth in dividends of up to K1 billion each year. The remarkable financial success is attributed to a Ok Tedi Mining Limited operates an open-pit copper, gold and silver mine at Mt. The Porgera gold mine is a close second in terms of production. The Bige Operations dredged 10. Senior Chemist. Nov 1, 2020 · Mining is often portrayed as a contributor to sustainable development, especially so in developing countries such as Papua New Guinea (PNG). Size of this preview: 707 × 599 pixels. gold a year. km. Jun 16, 2021 · Requisition ID 2339. . 75% to 2% as announced in the 2022 National OK Tedi Mine in Western Province (Fly), was the largest mine in Papua New Guinea, producing approximately 23. Fubilan in the Western Province of PNG. Initially granted in 1981, the SML 1 (0) lease expired in May 2002 but Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Jun 1, 2019 · Abstract Fish populations utilised by riparian populations. About Us. Since the late 1980s, Ok Tedi has Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. OTML is a major producer of copper concentrate for the world smelting and refinery market in Germany, India, Japan, South Korea and the Philippines. Ok Tedi Mining Limited (OTML, or the Company) is proudly a 100% owned Papua New Guinea (PNG). stream of the Ok Tedi gold and copper mine have markedly. By December 2001, the mine had produced 7. Technical Advisor -Short Term Planning. Jan 11, 2022 · By: PNG Business News January 11, 2022. [1] With the exception of the Ok Tedy Mine (copper-gold) and the Ramu nickel-cobalt mine, almost all of the mining in PNG has been gold mining. This result comes off the back of increased production and favourable metals prices, which were above budget for the month. The approval is with the Papua New Guinea Companies Act of 1997 and these comply with the International Financial Reporting Standards (IFRS) and other generally accepted PNG accounting practices. The lives of 50,000 people have been disrupted. Jan 7, 2013 · Australia Network News. Both mines have suffered from controversies related to their environmental and social impact. The OK Tedi Mine is an open cut copper operation located in Papua New Guinea, close to the headwaters of the OK Tedi River. Dec 3, 2021 · Photo: Ok Tedi Mine. 3 The Bougainville copper mine is the most notorious case in that history; discovery Oct 26, 2023 · Papua New Guinea's OK Tedi Mining Limited (OTML) chairman Jeffery Innes says the mine has seen a significant amount of capital works this year to ensure it can extend operation to 2050 and beyond. Apr 1, 2024 · In Papua New Guinea, the Ok Tedi Mine (OTML) adopted the desulfurization method (Fig. In this exclusive interview with Business Advantage PNG, Musje Werror, the man chosen to lead Ok Tedi Mining, outlines his strategy. “The outlook for Ok Tedi is a positive Apr 10, 2020 · Brief Description: The Ok Tedi mine is the longest-running openpit copper/gold/silver mine in Papua New Guinea. The Ok Tedi project is located in the head waters of the Fly River system, only 18 kilometres from Indonesia’s, West Papua border. It is now more than a decade since BHP Billiton, the company Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Operating independently of OTML since 2009, we are proud to have 50 full-time staff, 60 part Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. 5 earthquake that struck Papua New Guinea during Apr 15, 2024 · Ok Tedi a high-grade copper-gold mine in operation since early 1984’s and located 140 Km to the NW of Tinga Valley – from the start of operations in 1984 to the end of 2022, Ok Tedi has Dec 5, 2021 · The 2021 Strategic Business Plan has confirmed an uplift in value by another US$475 million to US$3. Concentrate is sent by pipeline to its port operations in Kiunga from where it is shipped by barge to Port Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Open-cut mine commenced in 1984 and is due to cease around 2010. File usage on Commons. Papua New Guinea's huge Ok Tedi gold and copper mine used to be a name synonymous with environmental disaster. 6 sq. 4Moz of silver. Type: Full Time. Dec 10, 2014 · The life of the key Ok Tedi mine is to be extended for another 11 years, but with falling ore prices, lower head grades and production issues, its miner faces critical challenges ahead. Chairman of the Board, Mr Jeffrey Innes said that Mr Ilimbit was appointed following an international search campaign and a thorough assessment of candidates. The focus in the present paper is on the relationship between mining and poverty in two of the country’s largest mining regions – Ok Tedi and Porgera. Ok Tedi Mining Limited Mining Tabubil, Western Province 128,951 followers A 100% PNG owned open-pit copper and gold mine located in the Star Mountains of the Western Province of Papua New Guinea May 23, 2024 · Ok Tedi a top priority for Mining Minister. of the mine. Production: About 200,000 tons of copper and 500,000 ounces of. Ok Tedi produces copper and gold from its Mt Fubilan mining and mill operations. Our purpose and mission are the same – wisely manage the OTDF programs and funds to assist the Western Province communities with financial self-reliance through socio-economic initiatives, improved health and education, and enabling infrastructure. by Staff - 19 October. 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 gravity separation and sulphur Ian C. 9Moz of gold and 36. com to register an application. waste rock in the Ok Tedi River. The effects of environmental pollution were observed during the pre-desulfurization period (1984–2000s) when sulfide waste tailings were WITH 10 years of mine life remaining, Ok Tedi Mining Limited (OTML) is committed to enabling a sustainable future for its 158 CMCA (Community Mine Continuation Agreement) communities post closure. 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. As a 100% owned PNG company, we focus on responsibly generating profits to provide continuing benefits to the people of Papua New Guinea. Minister for Mining Dilu Muguwa has visited Ok Tedi Mining’s (OTML) copper-gold-silver mine at Mount Fubilan in Western Province. Ok Tedi Mining Limited (OTML) has collaborated with the Migalsim Village Councillor and Village Planning Committee to open a clinic and staff house. Both ministers were History. Up until 1970, there was little mineral extraction in Papua New Guinea. 7 billion with mine life extended by a three years from 2029 to 2032. 2,000 staff. Structure for OTML at 31 December 2021: Kumul Minerals Ok Tedi Ltd (State of PNG) holding 67% and Western Province entities 33%. 8 Mt of copper and 490 tonnes of gold (actual metal production + full metal content of reserve). “the Agreement” means the agreement a copy of which is set out in Schedule 1; Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. This marks the highest monthly revenue recorded throughout the entire year. He said although the mine has been impacted by high fuel cost, and the expected low grade ore transition in 2022, OTML remains profitable and is committed to delivering for its shareholders. Panguna, Ok Tedi, Porgera, Lihir, Ramu) but always with controversial environmental standards and social impacts often overlooked or ignored. This marks the second extension of the SML 1 (0) lease for OTML. Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. May 26, 2024 · The average Ok Tedi Mining salary ranges from approximately $80,149 per year (estimate) for a Procurement Officer to $80,149 per year (estimate) for a Procurement Officer. 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 The Ok Tedi copper-gold mine in Western Province, Papua New Guinea, is situated in the western part of the Ok Tedi Complex where monzodiorite to quartz monzonite intrusions are associated with porphyry- and skarn-style copper-gold mineralization. Up to 240 thousand tonnes of overburden (waste rock) is mined each day from a pit covering about 2. 1997). We are the single largest employer in the Western Province, and employ more than 40% of our people from the ‘Preferred Area Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. Photo credit: Baundo Mereh/Facebook. The investigation and containment of these hazards have been the concern of the Ok Tedi open-cast copper mine since engineering feasibility studies began in 1978. Ok Tedi Mining. Applicants are invited to express their interest in the following positions. 1 EXPLORATION AND FEASIBILITY: INITIAL INVESTMENTS This mountainous region (1800m above sea level) is characterized by extremely high rainfall (ex-ceeding 8m per year), heavy cloud cover, and is also prone to landslides and seismic activity (Pintz Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. We are seeking motivated and exceptional individuals from the following disciplines to assist us achieve our Vision of being the leading mining company in PNG. Jan 2, 2015 · Decades of Neglect: 30 Years of Ok Tedi. INTERPRETATION. 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. Feb 1, 1995 · Abstract Landslides and erosion pose significant hazards to mining and engineering activity in the remote mountainous terrain of Western Province, Papua New Guinea. Jobs: Ok Tedi Mining Limited (OTML) employs about. Advertisement. Ok Tedi Mine. File usage on other wikis. May 1, 1997 · The Ok Tedi gold and copper mine in Papua New Guinea has had a profound effect on the Fly River system through the discharge of mining waste (Hettler et al. Oct 23, 2013 · Remote Mount Fubilan, near the source of Papua New Guinea’s Tedi River, is once again the site of global controversy surrounding the Ok Tedi copper gold mine. PAPUA NEW GUINEA OWNED MINE. Mining (Ok Tedi Agreement) Act 1976, Being an Act to provide for the approval and implementation of an agreement relating to the development of certain mineral deposits in the Ok Tedi region of the Western Province. File. g Jan 15, 2024 · By: PNG Business News January 15, 2024. 3 Mm3 of river Apr 15, 2024 · Ok Tedi a high-grade copper-gold mine in operation since early 1984’s and located 140 Km to the NW of Tinga Valley – from the start of operations in 1984 to the end of 2022, Ok Tedi has produced 5. PNG. This was the first official visit to the Ok Tedi mine by the Mining Minister, who was joined by the Minister for Works and Highways Solan Mirisim. Mr Ilimbit was originally Apr 9, 2021 · Ok Tedi operates a large-scale copper and gold mining and processing facility in the Western Province of Papua New Guinea. As a 100% owned PNG company, we focus on responsibly generating profits to provide continuing benefits to the people of Papua New The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. Abstract Fish populations utilised by riparian populations along the Fly River, Papua New Guinea (PNG), down-stream of the Ok Tedi gold and copper mine have Ok Tedi Mining Limited (OTML) operates an open pit mine in the Star Mountains region of the Western Province of Papua New Guinea. 17Mt of copper, 15. Supervisor Kiunga Mechanical Maintenance. Ok Tedi Mining Limited (OTML) has commended the National Government for the increase in the Tax Credit Scheme (TCS) ceiling from 0. 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. The mine began operations in 1984 on Mount Fubilan, which had a pre-mining Apr 26, 2024 · 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 of 61% compared to the same period last year which was 16,265 dmt. The pre-mining deposits contained approximately 4. 1984–2010. We also have a representative office in Port Moresby, PNG and a logistics facility in Brisbane, Australia. 1 INTRODUCTION Mining in Papua New Guinea (PNG) has had a troubled history, and many current operations continue to attract the critical interest of a range of local and international non-government or-ganizations. The revised value and extension of mine life is an undertaking on the Oct 30, 2023 · The Ok Tedi Mine is 100% PNG owned with the State of PNG through the Kumul Minerals Ok Tedi Ltd owning 67% while three Western Province entities hold the remaining 33%. Fubilan copper-gold ore-body discovered in the Star Mountains in the Western Province of PNG just 16km east of the Indonesian border. xo dr vy gn qw lp ay hj bw ua