Papua New Guinea Mining Minister Muguwa Dilu recently visited the Ok Tedi open pit and copper mine to explore plans for extending the mine’s operational life and ensuring its continued contribution to Papua New Guinea's economy. The visit underscores the government's commitment to supporting the nationally-owned Ok Tedi Mining Limited (OTML) and its efforts to sustain operations.
"OTML recently renewed its Special Mining Lease (1), and my visit here is to find out plans for mine-life extension and see how the Government can support in ensuring that it continues to operate," Minister Dilu stated. He highlighted the government's pride in the progress of Ok Tedi Mine and expressed a keen interest in understanding how to facilitate its longevity.
Minister Dilu emphasized the significance of OTML being a 100% nationally-owned company. "It is important that I visit this state-owned mine and see what the company is doing before I go to other mines," he said, underscoring the strategic importance of Ok Tedi Mine within the nation's mining sector.
During the visit, OTML’s acting Managing Director and Chief Executive Officer, Alan Bong, highlighted the mine's substantial contributions to the country. "Our production and safety performance this year has been exceptional thanks to our people, and we will continue to move forward aligning with our vision to mine responsibly so that we can continue to deliver to our stakeholders and leave a lasting sustainable legacy for our people," Bong remarked.
The Ok Tedi Mine, a cornerstone of Papua New Guinea's mining industry, continues to play a pivotal role in the national economy. The government's support, as indicated by Minister Dilu's visit, is expected to bolster the company's efforts to extend the mine's life and enhance its operations, ensuring sustained benefits for the nation and its stakeholders.
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