A prime example of this is the Ok Tedi Mining Company Limited The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. According to PNG’s The The mine life extension reaffirms OTML’s commitment to sustainable growth, economic prosperity, and community well-being supported by environmental sustainability, community development and operational excellence The Ok Tedi Mine is 100% PNG owned with the State of PNG through the Kumul Minerals Ok Tedi Ltd owning 67% OK Tedi Mining Ltd (OTML), incorporated on 27 February 1981, is the developer and operator of the project. The CEO Magazine caught up with Nigel to look at the 1992). Putra Perkasa Abadi also provides workforce management solutions and after-sales services to its clients. Nigel Parker, CEO of Ok Tedi Mining Limited, has more than 30 years experience in the resources sector. Environmental Science, Business The politics of mine closure and In Papua New Guinea (PNG), mining has been surrounded by controversy related to its environmental and social impacts for several decades. We do this through our Annual Reviews and make copies of each year’s Ok Tedi Mining Limited (“OTML”) has donated K1 million to two provinces heavily affected by last month’s natural disasters. Higgins R. The PNG government has a 30% stake in the Ok Tedi mine (Imhof 1996). Jeffrey Innes, Mr. The PNG government is caught in a difficult bind between environmental and economic pressures. We are the single largest employer in the Western Province, and employ more than 40% of our people from the ‘Preferred Area Thirdly, all stakeholder had to work together honestly and prudently. Porgera, and assess the impact on mining on poverty. Even though the campaign sought to balance the desire for economic benefits with the protection of local subsistence practices, its objectives were Ok Tedi Mine. These events are subjected to criticism long after the event and a recent example is Whitmore’s (2006) analysis of the Summitville mine acid mine drainage catastrophe of 1992. The focus in the present paper is on the relationship 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 Ok Tedi has a well-documented history of environmental devastation (Hyndman, 1988) and was upheld as an example of industrial malpractice alongside Bougainville in the Mining, 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 Ok Tedi Mining Limited (OTML) is committed to our vision of social value which reflects our purpose through providing business opportunities in ensuring our local The Ok Tedi Mine in Papua New Guinea has in the past decade become the icon of irresponsible riverine disposal of tailings and waste rock from large-scale mining and a Sediment Mitigation. The approval is This paper examines how one indigenous community in the Western Province of Papua New Guinea (PNG) views the social responsibility initiatives of OK Tedi Mining Ltd (OTML). 2 billion), says chief executive officer, Kedi Ilimbit. Latest News. This approach ensures the community development programmes complement The Ok Tedi copper-gold mine, located in the eastern part of the central mountain range of New Guinea, discharges daily approximately 80,000 tons of ore processing residues and a similar volume of waste rock and overburden into the headwaters of the Ok Tedi River. au/server/api/core/bitstreams/5feee25b-6512-48bb-b5da-bc7f56172ef8/content Ok Tedi Mining Limited (OTML) and its business partners delivered a timely aid of K250,000 worth of basic food supplies to five flood-stricken villages in the Lower Middle Fly region of Western Province. Even though the campaign sought to balance the desire for economic benefits with the protection of local subsistence practices, its objectives were MINING IN PNG. Principal mineral exports were gold, copper, nickel and cobalt. 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 MEDIA RELEASE. The lives of 50,000 people have been disrupted. 2,000 staff. Over the next few years, OK Tedi Mining Limited expects to witness a gradual growth in dividends of up to K1 billion each year. OTML actively supports the recruitment, retention and promotion of women in our mining operation. From the start of operations in 1984 to the end of 2022, Ok Tedi has produced 5. The Fly is notable for its extraordinary biological diversity (Townsend and Townsend, 2004). It is one of the world's largest gold-copper mines and was owned by BHP Billiton (52%), the State of Papua New Guinea (30%) and Inmet Mining Corporation (18%). We work closely with a number of multi-sectoral stakeholders for Abstract: A critical element of the rehabilitation strategy for the Ok Tedi mine in Papua New Guinea (PNG) is the rehabilitation of the potentially acid forming dredge sand stockpiles at Bige on the banks of the Ok Tedi. Mining also CRUSHER REPLACEMENT PROJECT. In East Sepik, persistent heavy rainfall led to flooding and widespread destruction in Ok Tedi Women’s Network (OWN) for the first time, celebrated the International Day of Women in Mining by hosting a walkathon on Sunday the 15th of June, at our two sites in Tabubil and Port Moresby. 96/ oz and silver price of $14. To truly shift to “sustainable mining,” governments and companies must recognize the social impacts of mining, and enact laws and regulations that require community consultation throughout 2 | ok tedi mining limited annual review 2018 ok tedi mining highlights 2018 economic – contributed 3. This article examines an indigenous political movement that took legal action to gain compensation and limit the environmental impact of the Ok Tedi copper and gold mine in Papua New Guinea. It has proved a social and ecological disaster. highlighting its commitment to responsible production and sustainable practices. Jobs: Ok Tedi Mining Limited (OTML) employs about. Ok Tedi Mining Limited has a comprehensive environmental management program designed to limit environmental impacts and manage and monitor mining operation impacts. We surveyed 609 The intriguing thing about the mine’s operator, Ok Tedi Mining Ltd, is that from its formation in the early 1980s, it has never been a public company and has largely escaped the scrutiny of annual reporting faced by listed entities. In 1968 the Fubilan Copper-Gold deposit was discovered, and the Kennecott Copper Corporation commenced exploratory drilling. Earlier projects, such as the Panguna mine in North Solomons Province and the Ok Tedi mine in Western Province, have proven to be socially, economically and ecologically costly as downstream communities have either halted the OTML is a major producer of copper concentrate for the world smelting and refinery market in Germany, India, Japan, South Korea and the Philippines. 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. Concentrate is sent by pipeline to its port operations in Kiunga from where it is shipped by barge to McLaughlin The McLaughlin Mine in California was contemporaneous with Ok Tedi, with active mining running from 1985 to 2004. The company has around 1,800 permanent employees, with a similar number of embedded contractors and 2 Ok Tedi Mining Limited Annual Review 2012 rEpOrT STruCTurE aNd highligh TS rEupOrT STr CTurE aNd highlighTS Our KEy arEaS Of fOCuS WhaT WE Said WE WOuld dO Our prOgrESS iN 2012 ObjECTivES fOr 2013 gOvErNaNCE Demonstrating strong and transparent Governance. He said the 2024-2025 project would obtain consent from the 158 mine impacted villages to extend mine operations from 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 ceased further construction of the dam, allowing tailings to flow directly into and pollute the Fly River system. 15–32. Discovered in 1968, the mine is The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050, marking a significant milestone for OTML, 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 The risk of acid rock drainage identified before 2008 due to high sulphur levels and insufficient neutralising capacity in the sediments is now managed with the OK Tedi Mining Limited is committed to fulfilling its environmental, legal and social obligations, which come under its social licence, says chief executive officer Kedi Planning for a sustainable future for Ok Tedi’s impact area involves more than a sustainable future for most other mines would. This paper examines how one indigenous communi ty in the Western Provi nce of Papua New Guin ea. Community Development Journal, 48(3), pp. The current Ok Tedi Mining Limited (OTML) exploration program is centred on five exploration licences covering about 680 square kilometres. 466-483. 1 Introduction. Mining accounted for more than 10 per cent of GDP in 2019 and the sector was responsible for 35 per cent of the country’s export revenues. We also have a representative office in Port Moresby, PNG and a logistics facility in Brisbane, Australia. anu. Ok Tedi operates a large-scale copper and gold mining and processing facility in the Western Province of Papua New Guinea. Instead of deferring gold production, the PNG Government permitted mining works – and riverine waste disposal – to proceed Ok Tedi life extension approved. The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. TRANSFORMING THE COCONUT INDUSTRY WITH SUSTAINABLE PRACTICES. Head Office: Phone: Dec 1983 – Jan 1984. According to managing director Musje Werror, the Ok Tedi mine still contains roughly 200 million tonnes of resource that will remain in the earth after 2032 and can support mine Risk Management. This thesis argues that the mine’s operator Ok Tedi Mining Limited’s mine closure planning process is guided by principals of social sustainability, rather than it being a secondary concern. The Ok Tedi's waters flow into the Fly River, and thence into the Bay of Papua (see Map 1). In 2006, 48 million tonnes of waste rock (containing 1. Fubilan in Papua New Guinea. Since 1970, several large mines have been developed in PNG (e. OTML presented to East Sepik and Chimbu Provinces K500, 000 each to assist with relief and recovery efforts which are currently ongoing. They also learnt of the amazing work carried out by the Ok Tedi Development Foundation The Sustainability of Local Business Development Around the Ok Tedi Mine, Papua New Guinea. and responsible mining practices, which are pillars of our Vision Formal mine closure planning commenced at Ok Tedi in 1998 with stakeholder engagement and the subsequent development of a Conceptual Rehabilitation and Closure Plan. Goddard. Dilu Muguwa on his first official visit to the mine along with the Minister for Works and Highways and Member for Telefomin Hon. Many would also argue that the extraction of finite mineral resources cannot by its very nature be sustainable. Despite having one of the first constitutions in the world to make reference to environmental sustainability, the bill that enforced this provision of the constitution was not passed until 1979. Dilu Muguwa on his first official visit to the mine along with the Minister for Works and Highways and Ok Tedi Mining Ltd (OTML) Chairman Sir Moi Avei KBE today announced that the OTML Board has declared a final dividend for 2020 of PGK400 million. Panguna, Ok Tedi, Porgera, Lihir, Ramu) but always with controversial environmental standards and social Ok Tedi Mining Limited hosted the Minister for Mining and Member for Kundiawa Gembogl, Hon. This result comes off the back of increased production and favourable metals prices, which were above budget for the month. The Mount Fubilan orebody, which is the source of heavy metal-rich sediments de-posited Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. In line with a re-invigorated exploration strategy that is focused on by pcAdminPNG January 4, 2024. OTML is a 100 percent Papua New Guinea (PNG) owned entity with 67 percent direct shareholding by the Independent State of PNG and the people of Western Province holding a 33 percent interest. The main ethical dilemma in the main ethical dilemma in the article is a conflict of values especially profitability and ethical practices. We are committed to maintaining robust and transparent corporate governance practices. Ok Abstract. (PNG) views the social responsibility initiatives of OK Tedi Mining Ltd (OTML). In THE Ok Tedi Mining Limited (OTML) last month launched the Community Mine Continuation Agreement (CMCA) extension review project, according to manager community relations and sustainability Jeffery Tom. Our operations are governed by a number of policies, standards and systems to build consistency and productivity. When the Ok Tedi Mining operation ends in the Western Province around We are thrilled to announce the 2024 recipients of Ok Tedi Mining Limited’s (OTML) Undergraduate Scholarship Scheme (USS). 66% sulphur) were delivered to the upper Ok Tedi river system. The industry is facing a number of competing trends as well as a rapidly changing global business environment. This record production has been complemented with a safe start Found. The mine exports copper as a concentrate with contained gold and silver. In pursuance of its objects, PNGSDP has three areas of responsibility – running a development program, managing a long-term fund, As a 100% Papua New Guinea-owned mining company, OK Tedi Mining Limited (OTML) is the longest-running copper, gold, and silver producer through its operation in the Star Mountains of the North Fly District in the Western Province. June 6, 2024. Photo credit: Ok Tedi Mining. Technical mining – the engineering, environmental, planning and operations – do not ordinarily consider communities beyond the technical aspects of community relations – housing, Indeed, the World Bank has proposed a number of best practices for achieving sustainable outcomes (Pegg 2006). and a commitment to responsible and sustainable business practices,” he said. These price levels assisted OTML’s strong revenue for the year. Holding a portfolio of several exploration leases, OTML is extensively involved in the community and development of In Papua New Guinea, the Ok Tedi Mine (OTML) adopted the desulfurization method (Fig. BHP exited the company in 2002, vesting its interest to Papua New Guinea Sustainable Development Program (PNGSDP) and almost a decade later OTML became a fully owned Papua New Guinea company when Inmet Mining shares were OTML Ok Tedi Mining Limited. The effects of environmental pollution were observed during the pre-desulfurization period (1984–2000s) when sulfide waste tailings Decades of Neglect: 30 Years of Ok Tedi. The local people have been alienated, their culture shattered, and the Fly River is now heavily polluted with chemical and other wastes. This is based on the company’s current Strategic Business Plan which includes Life of Mine (LOM) extension to 2050, ushering in significant sustainable development for mine operation impacted 1 Introduction. Kevin Kepore C. This Ok Tedi Mining Committed to Sustainability of Essential Services. OK Tedi Mining Limited (OTML) has surpassed its annual sediment dredge target of 10 Million Cubic Metres (Mm3) and its rehabilitation target of 35 hectares for 2023 at its Bige Operations, located 125km from the mine. Fourthly, the closure aspect is in the Mine Closure Policy and Guideline and integrated into the Mining Act. Mine Area Rehabilitation Plan, Report ENV091126, prepared by the Environment Department, Ok Tedi Mining Ltd (available at . As a result of a surge of cases at the mine site and in Papua New Guinea, OTML suspended operations for 14 days from Friday, 19th March. Sustainable Mining practices – an alternative model. It is now more than a decade since BHP Billiton, the company responsible strategies. The approval is based on the latest Strategic Business Plan submitted by the Executive Leadership Team discussed during General Manager - Ok Tedi Mining Limited (OTML) · Down to earth, do not create first impression but a serious and hard worker, striving for the Ok Tedi Mine. By analysing the mine closure, After some delays due to COVID-19, Ok Tedi Mining, the 100% PNG owned open-pit copper and gold mine located in the Star Mountains of the Western Province of Papua New Guinea, has become one of the few mining companies in the world to operates its own on minesite tyre pyrolysis plant. Advertisement. 2% and 12% higher respectively than the $696. 58 MB) link to publisher version. The Ok Tedi mine has had a significanteconomic effect at both the local and nationallevels. PNGSDP's 25 per cent share in the Ok Tedi Development Foundation goes to a wider MEDIA RELEASE. One of the worst environmental disasters caused Diversity Strategies. In 2020, ten independent experts including myself, were Ok Tedi began mining operations in 1984, initially as a gold mine to exploit the gold-rich cap on the Mount Fubilan deposit, and then as a copper-gold mine in 1987 for the majority of the ore body. The Singapore Court of Appeal on 2 December 2022, issued its written grounds for upholding the High Court (General Division)’s decision in Ok Tedi Fly River Development Foundation Ltd and others v Ok Tedi Mining Ltd and others [2021] SGHC 205. PNG, Western Province and communities obtain enduring benefits from OTML through employment, local business, dividends, taxes and royalties, goods and services Found. By focusing on the conflict over the Ok Tedi copper and gold mine in Papua New Guinea, Stuart Kirsch tells the story of a slow-moving environmental disaster and the international network of indigenous peoples Ok Tedi is the South Pacific's largest mining project. About 1,800 are Papua New Guinea citizens and 800 live within a 40-kilometer radius. Next : Papua New Guinea PM Marape Holds Talks with Newmont CEO on Mining Operations and Collaboration Abstract. The sheer scale of Ok Tedi’s impact area, OTML’s keen focus on the use of renewable energy highlights the company’s central commitment to a sustainable future to develop the future of Papa New Guinea. I am certified in Environmental Management System Internal Auditor ISO14001:2015. After receiving the special mining lease 1 extension licence last week, he said that maintaining positive relationships with the communities impacted The Ok Tedi mine in Papua New Guinea is nearing the end of mine life, with closure including Mine Life Extension, by 2025. 5 million tons of copper. Production: About 200,000 tons of copper and 500,000 ounces of. Resource companies in PNG support and establish local landowner companies through their local business development programs with three broad goals: to fulfil their mining agreement terms, to maintain their Ok Tedi Mining Limited hosted the Minister for Mining and Member for Kundiawa Gembogl, Hon. It is also a sign of the confidence the board has in the company’s ability to deliver over the next two decades. Among the major cult movements which have emerged in response to the social upheaval is one which seeks to re This article examines an indigenous political movement that took legal action to gain compensation and limit the environmental impact of the Ok Tedi copper and gold mine in Papua New Guinea. Their culturally diverse way of life was significantly disrupted when the mine began operating in the mid-1980s; more than 40,000 Wopkaimin were sustained by the fish, forests and plains of the Fly River system. They A Haul Truck being loaded at the Ok Tedi Mine. It is now more than a decade since BHP The OK Tedi Mine is an open cut copper operation located in Papua New Guinea, close to the headwaters of the OK Tedi River. witnessing first-hand the company’s commitment to sustainable practices. We also have a representative office in Port 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. Some of our gender diversity strategies include: Access to apprenticeship and graduate Ok Tedi is the South Pacific's largest mining project. One of the worst environmental disasters caused This thesis is about the Ok Tedi mine in Papua New Guinea. The copper price reflected two distinctly different periods of 2008. edu. Because of the mining industry’s perceived impacts on the social, economic and environmental aspects of people’s lives, opponents are placing mining companies under greater public scrutiny. While the majority of this waste is benign rock, the sulphide and copper mineralisation contained within these wastes is of environmental concern. Community development in Ok Tedi, Papua New Guinea: the role of anthropology in the extractive industries. The plan which has This thesis is about the local business development program associated with Ok Tedi Mining Limited (OTML) in Papua New Guinea (PNG). The Audit and Risk Committee members are Mr. Throughout the literature on mining and communities, there is a split between the technical and the social. Ilimbit's appointment follows an extensive global search and a rigorous assessment of candidates. Ilimbit said this marked a significant milestone for the mine, its shareholders and for the country in Corporate Governance. However, livelihoods can also be threatened by mining investments if such practices are not followed. Tailings from the Ok Tedi mine have been discharged into the river since the mid-1980s (Banks 2002), and Legal Compliance Framework. OTML is an unlisted PNG majority State Owned Enterprise (SOE) operating in accordance with the Papua New Guinea Companies Act (1997). 99/oz recorded in 2008 were 25. The approval is urging from the World Bank to the government of PNG that it should shut down the OK Tedi gold and copper mine. 39/oz and $13. Mining is often portrayed as a contributor to sustainable development, especially so in developing countries such as Papua New Guinea (PNG). Our social license to operate is based on the Free, Prior and Informed Consent principles applied to the mine associated communities and the national and provincial governments. When the Ok Tedi Mining operation ends in the Western Province around But as economic activity returns, an Australia-based company is poised to pursue what would be the largest mine in Papua New Guinea’s history. The sustainable development of communities depends on their economic viability. Policies & Standards. 1) to mitigate the negative effects of acid rock drainage (ARD) on the surrounding aquatic environment (OTML, 2021). The OK Tedi has operated successfully in the Start Mountains of the Western Province, PNG for over 30 years. 09% sulphur) and 27. We recognize and respect the Our History. OK Tedi Mining Limited plans to extend its operation beyond the mine life in 2032. . Successful long-term mitigation of Acid Rock Drainage (ARD) involves placing a geochemical cover layer over the PAF waste and rehabilitation By NATHAN WOTI OK Tedi Mining Limited is committed to fulfilling its environmental, legal and social obligations, which come under its social licence, says chief executive officer Kedi Ilimbit. Ok Tedi produces copper and gold from its Mt Fubilan mining and mill operations. For immediate release. BHP Billiton and the other defendants have Exploration and mineral resource development is an integral part of our future. Statistics; in PNG's resource sector in four ways. APAC Outlook issue 49 | 91. The mine The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. 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. In 2002, BHP exited Ok Tedi, announcing its interest to the PNG Sustainable Development Programme (SDP). AUSTRALIA AND OK TEDI MINING SIGN MAJOR AGREEMENT TO HELP WESTERN PROVINCE. This is the second SML 1 (0) lease term extension for OTML. g. The OTML Supply and Logistics department engages over 200 suppliers and 150 service providers each year. ok tedi mining limited annual review 2018 | 3 people – 96% of the workforce is of papua new guinean origin – 40% from the western province and preferred area – 10% female workforce – 1,624 workforce at 31 december 2018 including 126 trainees – invested pgk 14 m on education and training of graduates, As an Environmental Officer at Ok Tedi Mining Limited, I apply my skills and knowledge in environmental management, monitoring, compliance, and risk management to ensure sustainable practices and limit environmental impact. OTML is the largest business in Western Province and relies on PNG and International supply chains for goods and services. Ok Tedi Mining Limited operates the longest running, world-class, open-pit, copper, gold and silver mine in Papua New Guinea. Papua New Guinea's huge Ok Tedi gold and copper mine used to be a name synonymous with environmental disaster. This includes monitoring and adopting as appropriate, contemporary international practices Without downplaying the importance of these issues in any way, 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. The Ok Tedi Mine in Papua New Guinea (PNG) is one of the mines where riverine disposal is currently being practised. According to OTML Board Chairman, Mr. The mine produces 20% of PNG’s gross domestic product but it has also disrupted the traditional food webs and lives of more than 50,000 people by putting 90,000 tons of rock waste and tailings per day into OTDF’s vision is “To improve self-sustainability and quality of life of Western Province communities Ok Tedi Mining Limited (OTML) operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine in Papua New Guinea. 4 billion to develop the mine which sits near the headwaters of the Ok Tedi River in the highlands of Western PNG. 2 McLaughlin was developed by the Homestake Mining Company (now owned by Barrick), headquartered in San Francisco. Ilimbit is a familiar face to OTML, This Committee also reviews policies, processes, practices and reporting systems relevant to the company’s exposure to business and financial risk, to ensure that all identified material risks have clearly defined ownership/oversight within the Board and Committee structure. , PNG national government, Ok Tedi Development Foundation, communities of the 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 includes monitoring and adopting as appropriate, contemporary international practices Congratulations to Ok Tedi Mining Limited (OTML) and its exceptional team on achieving a remarkable production milestone in the first quarter of 2024! Let's OK Tedi Mine Graduate Development Scheme 2023. Ok Tedi Mining Limited | 126,671 followers on LinkedIn. 4 Health. The Ok Tedi mine experience highlights this. Nations Sustainable Development Goals (SDGs) have been adopted by PNG, and in this Annual Review, selected reporting is presented against the material aspects and selected SDGs. Australia and Ok Tedi Mining Limited (OTML) signed a major agreement today to help communities in Western Province develop a sustainable future. Anthony Smaré, President of the Papua New Guinea Chamber of Resources & Energy (PNG CORE), on behalf of the PNG energy and resources sector, congratulates Ok Tedi Mining Limited (OTML) on the extension of its Special Mining Lease (SML) and its achievement in continuing to extend the life of Ok Tedi, one of the world’s great mines. 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. It was founded in The Ok Tedi copper-gold mine, located in the eastern part of the central mountain range of New Guinea, discharges daily approximately 80,000 tons of ore processing residues and a similar volume of waste rock and overburden into the headwaters of the Ok Tedi River. This paper presents the results for the Ok Tedi’s community development programmes have focused on developing partnerships with local communities, governments and businesses in a bid to help harness sustainable social and economic development in the Western Province and the Telefomin District. Ok Tedi Mining Limited’s safety 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. 9 Moz of gold and 36. Like all major mines, however, Ok Tedi has produced a series of large-scale ripple effects throughout the surrounding region, both downstream and upstream. We are a business focused on the safe and profitable development of our ore reserves for the benefit of the people of PNG. SDP is currently the majority shareholder in Ok Tedi, with a 63% shareholding. OTML through its Donations Committee supported the cause with K250,000 worth of basic food supplies, the utilisation of its logistical resources 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 appeal was successfully resisted by the Dentons Rodyk team led by Mark Ok Tedi Mining Limited (“OTML’) has successfully renewed its Special Mining Lease (SML) 1 (0), gaining an additional 20-year lease term from 2022 to 2042. Among many initiatives and programs in place that contribute to achieving this commitment is the Semantic Scholar extracted view of "SOCIAL IMPACT OF THE OK TEDI MINE ON THE YONGGOM VILLAGES OF THE NORTH FLY, 1992" by S. Papua New Guinea’s Sustainable Development Program made a historical move Friday, after handing over millions of dollars worth of assets created by the Ok Tedi copper and gold mine to locals It cost about US$1. Phillips, O. Consequently, the Ok Tedi project is governed under a separate act of Parliament, the Mining (Ok Tedi Agreement) Act of 1976. the company is In its continuous efforts to mitigate environmental risks and impact to the environment, Ok Tedi Mining Limited (OTML) is the first Papua New Guinean Company to venture into ‘used tyres recycling’ after it commissioned its Tyre Pyrolysis Plant (TPP) in February this year. The shareholders are BHP, Amoco, a consortium of German metal mining institutions, and OTDF is mandated to ensure the wise and sustainable use of the wealth created from mining operations for future generations; something everyone at OTDF takes very seriously. The mine They are unimpressed because of the scarred landscape, poisoned rivers and other legacies of poor past mining practices and dramatic footage of environmental disasters at places like Ok Tedi and the Esmarelda Mine in Romania. Good practices in community engagement and readiness, Compendium of Case Studies From Canada’s Minerals and Metals Since its inception in 1988, Ok Tedi Mining Limited (OTML) has trained a total of 590 graduates under its GDS programme, signaling its enduring commitment to nurturing talent and promoting sustainable growth in the sector. Our dredging operation is designed to reduce the amount of sediment in the rivers around our mine. The average gold price of $871. The OK Tedi Mining Limited (OTML) in Papua New Guinea has had its mine life extension approved from 2023 to 2050, with an expected dividends payments in excess of K30 billion (US$8. Where before mining development there was nothing but scattered hamlets of subsistence gardeners, there is Community Relations. oktedi. 1% of png’s gdp – pgk 466 m (usd 141 m) profit after tax – pgk 100 m (usd 30 m) dividend paid – provided foreign currency into png market environmental – mine was compliant with environmental criteria safety and finalised ownership In Mining Capitalism: The Relationship Between Corporations and Their Critics, Stuart Kirsch argues that the environmental damage caused by Ok Tedi and other mining operations, the response of local communities and their allies, and corporate strategies designed to delegitimize activists’ claims expose the workings of 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. OTML has developed an Integrated Management System (IMS) which includes a suite of systems, standards, processes and procedures covering all areas of the business including mining operations, dustry to present a framework of ‘sustainable mining’ (see Kirsch, 2010) that hides a myriad of socio-cultural problems (for examples, see Kirsch, 2006). PM MARAPE ANNOUNCES 2024 LLG ELECTION DATES. and Gentry, A. • Review, update, and release Corporate Policies and practices. Ok Tedi Mining's top competitors include Comstock Mining, Aneka Tambang, and Collahuasi. The Ninth Supplement Agreement, which was passed through the PNG Parliament in 2001, has Since the mine’s formation, OTML has contributed more than 10 billion kina to assist the development of economically sustainable local and regional communities in the Western Province. According to the . We are led by a Ok Tedi Power Limited (OTPL) was incorporated on 12th of June 2014 after the PNG Sustainable Development Program (PNGSDP) transferred its Western Power assets, including Kiunga Pawa and mini-grid facilities and staff in the Western Province to the Fly River Provincial Government in February 2014. The initial SML 1 (0) lease, granted in 1981 expired in May 2002 and was extended for another 20 years until its expiration in 2022. OTML is committed to openly, honestly and transparently reporting our strategy, performance and impacts to our stakeholders. Riverine pollution is the legacy of mining development in Papua New Guinea (PNG) (see also Banks et al. Mineral exports are gold, copper, silver, nickel and cobalt. The McLaughlin Mine in California was contemporaneous with Ok Tedi, with active mining running from 1985 to 2004. By: PNG Business News August 12, 2022. The OK Tedi Mine is an open cut copper operation located in Papua New Guinea, close to the headwaters of the OK Tedi River. Against the backdrop of commodity price fluctuations, miners should be Villagers travelling along PNG’s Fly River which is choked by tailings from the Ok Tedi mine. In this context, the research reported herein is an investigation of the way in which mining has impacted on poverty in two large mining regions at Ok Tedi and Porgera. But the PNG Prime Minister 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. Nigel Parker. 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. The mine is located a few hours north of San Francisco, east of the Coast Ranges, and its Ok Tedi Mining Limited operates an open-pit copper, gold and silver mine at Mt. The plaintiff groups in this case had not signed Mine Continuation Agreements. Since mining began in 1984, Ok Tedi Mining Limited (OTML) has been the main provider and financial supporter of private and public health services throughout the Western Province. Ok Tedi Mining Limited will continue copper, Ok Tedi Mining primarily serves the metals and mining industry with a focus on responsible and sustainable practices. Firstly, it provides insight into Papua New Guinean landowner company business practices. 38/ oz recorded in 2007. Discovered in 1968, the mine is operated by Ok Tedi Mining Limited (OTML), a wholly owned company of the mine owner Papua New Guinea Sustainable Development Program Limited (PNGSDPL). “The mine life extension reaffirms OTML Ok TEDI MINING LIMITED Phone: +675 649 3000 www. Ok Tedi Mining Limited, PNG Sustainable Development Program Ltd. This approach ensures the community development programs complement government initiatives and those of The Ok Tedi mine closure is the most complex and large currently being undertaken/planned The issues of sustainability at Ok Tedi are numerous, and require a re-thinking of traditional mine closure planning practices. Talent management is a key part of Ok Tedi’s strategy. The Bige Operations dredged 10. (1993) The useful plants of Tambopata, Peru: I. Our registered office is located in Tabubil, Western Province, PNG. Lastly, beneficiaries from the Porgera Ok Tedi is often cited as one of the worst man-made environmental disasters in the world. Since 1998, more than PGK3 billion has been invested in decreasing Ok Tedi Mining Limited (OTML) hosted esteemed representatives from Mitsubishi Materials Corporation (MMC), one of its leading customers of copper concentrate from Japan last week. com. The suspension coincided with the PNG Most significantly, intensive mining at Ok Tedi has led to the displacement of a number of native Wopkaimin communities. 2013). Resource companies in PNG support and establish local landowner companies through their local business development programs with three broad goals: to fulfil their mining agreement terms, The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050, marking a significant milestone for OTML, its shareholders and for Papua New Guinea (PNG) in general. By December 2001, the mine had produced 7. Since the late 1980s, Ok Tedi has This thesis examines the development of the OTMC, and assesses the way it shaped the relationship between the main stakeholder organisations - Ok Tedi Mining Limited, PNG Sustainable Development OTML makes a significant economic contribution to PNG and the Western Province through: investment in local and regional infrastructure, including roads, bridges, jetties, hospitals, schools. The company offers heavy equipment rental and earth moving services, as well as a focus on sustainable mining practices. This year marks the 30th anniversary of the commencement of mining operations at Ok Tedi in Papua New Guinea’s Western Province. In this exclusive interview with Business Advantage PNG, Musje Werror, the man chosen to lead Ok Tedi Mining, outlines his strategy. Download (2. Secondly, it examines the central role OTML departments play in 2002 ittransferred these shares to the Papua New Guinea Sustainable Development Program (PNGSDP) and pulledout of operations. Contact Us . Musje Werror, managing director and chief executive officer, spoke at the PNG Mining and Petroleum Conference and Exhibition in 2021. Since the start of the Ok Tedi mining project in Papua New Guinea in 1981, Broken Hill Proprietary has operated it. OTML is focused on the identification of major hazards and risks in the workplace and from external sources that could impact the business, our stakeholders and the environment. Mr Clark said this today when speaking at the PNG Mining and Petroleum Investment Conference in They are unimpressed because of the scarred landscape, poisoned rivers and other legacies of poor past mining practices and dramatic footage of environmental disasters at places like Ok Tedi and the Esmarelda Mine in Romania. OK Tedi and many more are everpresent. 2 McLaughlin was developed by the Homestake Mining Company (now owned by September 22, 2023 The National Business. 0 billion) in Social Benefits, which includes taxes, royalties, and dividend payments, over the next 27 years. OTML is committed to conducting its operations in an environmentally, socially and economically responsible manner that respects cultural heritage and human rights. 17 Mt of copper, 15. however. Ok Tedi’s community development programs have focused on developing partnerships with local communities, governments, and businesses to improve long-term social and economic development in the Western Province and the Telefomin District. He has spent 16 years in management roles for BHP Steel and Bluescope Steel, working in the US, Sri Lanka, Thailand, China, Papua New Guinea, and Australia. Other factors contributing to the record revenue include PNGSDP’s objective is to support selected Sustainable Development Programs through projects and initiatives to benefit PNG. The vast gold and copper project, known as the In the initial report, the Report Overview launched in 2020, ICAA identified five key themes – Water, Material Movement, Mineral Processing, Ventilation and Discovery. We use Enterprise Risk Management when evaluating economic, environmental or social aspects of mining projects and major changes to the business. Since 1970, the mining sector has played an influential role in PNG’s economy. We use the techniques of logistic regression and propensity score matching to investigate the differences between mining and non The Ok Tedi mine in Papua New Guinea is nearing the end of mine life, with closure including Mine Life Extension, by 2025. 3 Mm3 of river sediments and rehabilitated 40 hectares (ha) of 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. Lastly, beneficiaries from the Porgera mine should stand tall to provide professional advice and assistance. 16 March 2021 The company made the decision after further discussions with Queensland Health and Queensland Police following further reports of COVID-19 cases being detected in Queensland from international travellers Ok Tedi Mining Limited (OTML) has attracted a lot of publicity, not only because of the consequences of riverine disposal, but also the socio-economic impacts to the local community. The company states: “Our Waste Management PNGSDP owns 63 percent of Ok Tedi Mining Limited, divested to it by BHP in 2001 when BHP exited the now highly profitable Ok Tedi copper, gold and silver mine in the remote Western Province of Papua New Guinea. 4 million tonnes of tailings (2. OTML remits an Annual Review to members of the PNG Parliament, presenting the integrated financial and non-financial results of OTML. Ok Tedi Mining Limited projects over K30 billion (US$8. The schedule to this Act is the Principle Agreement between OTML and the State. The history of the OTML dates back to 1963 when copper mineralisation was first identified near the current mine site when a government patrol made contact with the Min people of Star Mountain. gold a year. The Ok Tedi mine The Ok Tedi gold and copper mine, situated in the Star Mountains region of Western Province (Map 1), is operated by Ok Tedi Mining Limited (OTML). The Company had declared an initial interim dividend payment of PGK100 Million on 26th October citing a Corporate Governance. Our economic development programs are delivered through the Ok Regulating these activities mainly depends on national frameworks and policies, but implementing good practices remains problematic. I graduated with a Bachelor of THE Special Mining Lease extension for Ok Tedi Mining Limited (OTML) culminates with its first quarter results of a record production which represented a 61 per cent increase from the same period last year, says the chamber. OK TEDI MINING LIMITED Tabubil Head Office 1 Dakon Road, Tabubil, Western Province, 332, Papua New Guinea OK TEDI AND THE SUSTAINABILITY DRIVE. Ok Tedi Mining Limited (OTML) is proud to announce a record production result for the first quarter of 2024, with an achievement of 26,114 dry metric tonnes (dmt) of copper (Cu), marking a substantial increase of 61% compared to the same period last year which was 16,265 dmt. au/server/api/core/bitstreams/5feee25b-6512-48bb-b5da-bc7f56172ef8/content The Ok Tedi mine has a unique institutional aspect that has grown with the mine – the Ok Tedi Mining Complex – which is inhabited by various governmental and non-governmental organisations. by Staff - 06 December. Ilimbit said this marked a significant milestone for the mine, its At Ok Tedi Mining Limited (OTML), we are fully committed to creating social value and fostering a sustainable future for our local communities beyond the Life of Mine. OTML's shareholders comprise PNGSDP (52 per cent), Inmet Mining Ltd (18 per cent) and the PNG Government (30 per cent). Ok Tedi Mining Limited (“OTML’) has successfully renewed its Special Mining Lease (SML) 1 (0), gaining an additional 20-year lease term from 2022 to 2042. June The mine area communities take control of almost $6 million worth of housing in the Star mountains town of Tabubil. Kirsch What do indigenous communities think of the CSR practices of mining companies. Report Boundary This Annual Review relates to the material activities of the Ok Tedi mining operations comprising the mining and processing Dec 1983 – Jan 1984. It issues a ‘Summary of Annual Results’ and an ‘Annual Review’ rather than a report that is called an Mining Capitalism examines the strategies through which corporations manage their relationships with these critics and adversaries. The operator of the Ok Tedi mine project. OTDF is a not-for-profit organisation, operating independently of Ok Tedi Mining Limited since 2010, and is a 100% owned Papua New Guinea company. Ok Tedi operates a large-scale copper and gold mining and processing facility in the Western Province of Papua New Guinea, with ore mined from at an annual rate of 24 million tonnes. The new TPP cost over US$30,000 and on average processes up to three The Board of Ok Tedi Mining Limited (OTML) has approved in principle a further mine life extension from 2033 to 2050. Local & Regional Suppliers. Major landslides cause the tailings dam to collapse while under construction. This marks a significant milestone for OTML, its shareholders and for Papua New Guinea in general. Ok Tedi Mining Limited (OTML) announced a final dividend payment of PGK350 Million to its shareholders on 28th December 2023, bringing the total dividend to K450 Million for the year. 10 years later in 2012, Ok Tedi OK TEDI Graduate Development Scheme GDS 2021. We WITH 10 years of mine life remaining, Ok Tedi Mining Ltd (OTML) is committed to enabling a sustainable future for its 158 community mine continuation agreement (CMCA) communities post Dramatic environmental and social consequences that have dogged mining development in PNG over the last several decades. Ok Tedi Mining Limited (OTML) is committed to ensuring the closure of the mine is done in accordance with the approved mine closure plan when the mine ceases production. After the OTML (2009) OK Tedi Mining Ltd. Redirecting to https://dspace-prod. By analysing the mine closure, Photo: Ok Tedi Mine. Stakeholder consultation continued and in 2000 OTML submitted a Rehabilitation and Closure Plan, along with a report on social and sustainable development issues, to the Share. As a 100% owned PNG company, we focus on responsibly generating profits to provide continuing benefits to the people of Gilberthorpe, E. We believe that women are capable of being in our leadership roles and on the same level playing field as their male colleagues. Fifthly, lesson to be drawn from OK Tedi Detail Mine Closure Plan and current sustainable program and activities carried out. Mr. This is none more evident than in the mining industry. In this context, it was the objective of. It is estimated that since the beginning of the mine, OTML has contributed around PGK10 billion in assisting the development of economically sustainable local and regional communities within the Western Province. A journey along the Fly River uncovers a serious humanitarian crisis unfolding. 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. The latest report on Minerals Processing is the third of the five technical Emission Impact Themes identified in the 2019 Zero Emission Copper Mine of the The McLaughlin Mine in California was contemporaneous with Ok Tedi, with active mining running from 1985 to 2004. Mining plays a vital role in the economic development of many countries. Fubilan, located in the beautiful Star Mountains in the Western Province of Papua New Guinea just 16km east of the Indonesian border. Our exploration strategy includes: regional exploration. Ten outstanding third year students from the University of PNG, Pacific In January 2007, landowner groups from the Ningerum indigenous people filed suit in PNG National Court against BHP Billiton and the operators of the Ok Tedi copper mine for civil damages exceeding US$4 billion. This mining operation has been controversial since its inception, and various operators of the mine have sought to engage the community and to undertake a number Mining is often portrayed as a contributor to sustainable development, especially so in developing countries such as Papua New Guinea (PNG). The PNG supply chain includes large multinational companies that have offices in PNG 概要. OTML’s long-running project to extend mining to 2025 will not receive government approval. It was founded in 1981 and is based in Ok Tedi Mining Limited operates the Ok Tedi Mine, the longest running open-pit copper, gold and silver mine at Mt. At its 2012 Annual Report Meeting held in Port Moresby today, the PNG Sustainable Development Program (SDP) announced its willingness to negotiate an exit from OTML, the company which runs the Ok Tedi mine, PNG’s largest. It is also a true sustainability dilemma. 4 million in 2020, a decrease of 20 per cent on the previous year. OTML is committed to conducting its operations in a socially responsible manner that respects cultural heritage and traditional rights. Ilimbit said this marked a significant milestone for the mine, its shareholders and for the country in Ok Tedi mining had successfully rotated personnel on FIFO rosters on dedicated charter planes. Weak environmental protection laws and a series of ecological 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. Solan Mirisim on Monday, 13th May. Instead of deferring gold production, the PNG Government permitted mining works – and riverine waste disposal – to proceed OK TEDI: LOOKING AHEAD. The Mount Fubilan orebody, which is the source of heavy metal-rich sediments de-posited Mt Fublian Pit. 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 visit provided the ministers an opportunity to gain a better understanding of the mine THE Papua New Guinea government aims to take over the giant Ok Tedi copper-gold mine it part owns, with Prime Minister Peter O’Neill declaring the marriage between the government and Ok Tedi Mining Limited is over. Panguna, Ok Tedi, Porgera, Lihir, Ramu) but always with controversial environmental standards and social impacts often Ok Tedi Mining Limited (OTML) is committed to our vision of social value which reflects our purpose through providing business opportunities in ensuring our local communities ‘transition towards a more sustainable future after the Life of Mine. River sediment is an ongoing challenge from our mining. Statistical hypotheses tests with a new quantitative technique, Economic Botany 47, pp. The successor to the discoverer, Kennecott (until March 1975), the Ok Tedi Development Company (March 1975 to March 1976), and Dampier Mining/BHP (March 1976 to February 1981). Our initiatives to empower In response to the ok Tedi environmental disaster in New Guinea (1984) and the Maura Coal Mine disaster in Australia (1986), BHP revised its approach to governance, ethics, H&S and the environment Annual Reviews. , 2013. Author provided Downplaying the risks. The Ok Tedi Mine, through the Ok Tedi Agreement, is governed by the Ok Tedi Mining Act, 1976, (as amended and supplemented). The mine is located a few hours north of San Francisco, east of the Coast Ranges, and its Transcript. Mining provides countries with commodities such as copper, bauxite, iron ore and other precious metals. the study to investigate two mining locations in Papua New Guinea (PNG), Ok Tedi and. THE OK Tedi Mining Limited (OTML) has had its mine life extension approved from 2023 to 2050, with an expected dividends payments in excess of K 30 billion, says chief executive officer Kedi Ilimbit. Augustine Mano (chairman) This thesis is about the local business development program associated with Ok Tedi Mining Limited (OTML) in Papua New Guinea (PNG). Among the major cult movements which have emerged in response to the social upheaval is one which seeks to re State Owned Enterprises Minister William Duma has congratulated the Ok Tedi Mining Limited, its employees and contractors for the outstanding achievement of the highest monthly revenue in 2023 for the month of December. The Australian Centre for International PNGSDP’s objective is to support selected Sustainable Development Programs through projects and initiatives to benefit PNG. Access to high-quality health services by the community and OTML’s employees is a priority. We are a sustainable, efficient and well-regarded operating company that delivers value to our stakeholders and the PNG economy. Advised by an array of experts from around the world, including Marian Radetzki, we To address this knowledge gap, a case study was conducted at the Ok Tedi Mine with the aim of increasing the knowledge base on this topic and promoting sustainable mining practices in Papua New Guinea by enhancing the desulfurization process for sulfide waste tailings management. Theory and By: PNG Business News November 11, 2022. Total mineral export, including LNG and condensate, receipts were K25,778. Abstract. Indeed, COVID-19 continues to impact on operations and in March 2021, Ok Tedi suspended its operations for a second time. A 100% PNG owned open-pit copper and gold mine located in the Star Mountains of the Western Province of Papua New Guinea | 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. 30 August 2006. The Australian Centre for International 1984–2010. Much has been written about that mine and the devastating impact of its Fourthly, the closure aspect is in the Mine Closure Policy and Guideline and integrated into the Mining Act. of the mine. at he sw hu fw is sj zd be fr