Ok Tedi Mining Ltd (OTML) announces changes to its management team.
In brief: Third mobile carrier getting ready to roll by year-end and other business stories
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31 Mar 2021 by Leave a Comment
Communications Minister confident in a new telco by year-end, the ICCC initiates review of Kina’s takeover of Westpac, and Ok Tedi Mining pledges K10 million in COVID-19 relief. Your business news in brief.
In brief: Ok Tedi Mining suspends operations and other business stories
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22 Mar 2021 by Leave a Comment
COVID-19 forces Papua New Guinea’s Ok Tedi Mining to shut operations, PNG Biomass Project decision due in later this year and Mendi Airport completion expected in October. Your business news summarised.
In brief: Kina Bank set to restock chests and other business stories
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14 Sep 2020 by Leave a Comment
Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.
Business says enough is enough: it’s time to stop violence against women in Papua New Guinea
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15 Jul 2020 by Leave a Comment
Papua New Guinea’s business community is getting behind the fight to eradicate violence against women. Business Advantage PNG looks at just some of the initiatives being pursued following the recent widely-reported murder of a young mother in Port Moresby.
Ok Tedi Mining to be a ‘model miner’, says new CEO
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29 Jun 2020 by 1 Comment
In the midst of Papua New Guinea’s state of emergency, there was a change at the top of Ok Tedi Mining Limited (OTML). Business Advantage PNG asks Musje Werror, OTML’s newly appointed Managing Director and CEO, about his vision for the future of PNG’s largest mine.
In brief: Papua New Guinea ‘will shortly be sending Exxon’ its final position for P’nyang and other business stories
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1 Jun 2020 by 1 Comment
Papua New Guinea’s Prime Minister, James Marape, talks about the delays in resources projects, Air Niugini through its subsidiary Link PNG could purchase up to 60 per cent of shares in PNG Air and K113,000,000 from the COVID-19 stimulus package will be used to improve food security and strengthen agriculture production.
Going strong but for how long? Ok Tedi Mining announces strong profits and dividends
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27 May 2020 by Leave a Comment
Ok Tedi Mining has announced strong profits and dividends – important because it accounts for over four per cent of Papua New Guinea’s economy. But the future of the company, which has new shareholders, will depend on finding new reserves beyond the Ok Tedi mine’s projected six-year mine life.
More dialogue and an amicable outcome needed on Porgera mine [opinion]
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1 May 2020 by Leave a Comment
The Executive Director of Institute of National Affairs, Paul Barker, considers the repercussions from the Papua New Guinea government’s decision not to renew the special mining lease on the Porgera gold mine.
In brief: African swine fever reaches Papua New Guinea and other business stories
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30 Mar 2020 by Leave a Comment
The Minister for Agriculture puts measures in place to stop the spread of the African swine fever and protect the pork industry, Prime Minister James Marape announces stimulus package and ICCC monitors shops to avoid price spikes in essential items. The business news you need to kickstart your week.
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