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Pngs Ok Tedi From Disaster To Dividends Australia, Jan 07 2013 ok tedi has contributed a lot over many years but particularly now now that the ok tedi mine is 100 per cent owned by papua new guinea and Tonnes Of Minerals Mined At Ok Tedi
Get PriceThe mine is located on mount fubilan western province of png with an altitude of approx 1500m ok tedi is an open cut mine with approximately 160000 tonnes mined each day its processing plant treats an average of 78000 tonnes per day the greatest challenge facing otml is managing the effect of mining operations on the local environment
Read MoreMining is often portrayed as a contributor to sustainable development especially so in developing countries such as papua new guinea png since 1970 several large mines have been developed in png eg panguna ok tedi porgera lihir ramu but always with controversial environmental standards and social impacts often overlooked or ignored
Read MoreMar 02 2020 from start of operations in 1984 to end of 2018 ok tedi has produced 483 million metric tonnes of copper 148 million ounces of gold and 327 million ounces of silver in addition to the sml otml holds a portfolio of several exploration leases els other leases for mining purposes lmps under the png land act
Read Moreminerals being mined chemistry of the orebody and host rocks aerial view of the ok tedi mine in the star mountains 25 background of ok tedi copper mine locality western province png year started tonnes of gold 500000oz au 15551750g au 1oz 311035g
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Chat OnlineOct 24 2013 the environmental damage caused by the ok tedi mine is extensive and the mine dumped an estimated 80000 tonnes of limestone sludge containing chemicals and minerals into the upper tedi river
May 27 2020 with the transfer of the states 67 shareholding in otml to kumul minerals holdings limited now approved mr graham will assume the role of chairman and acting managing director kumul minerals holdings limited on a fulltime basis to progress the development of the national mining
All the mining activity that has taken place in the country since 1970 has produced approximately 5 million tonnes of copper between 1970 and 2007 the country produced 202277 t of copper in 2003 compared to 211315 in 2002 all of which was produced by the ok tedi mine the most active mine in the country the mine reported that 2932 mt of
Ok tedi mine mount fubilan star mountains western province papua new guinea a goldcopper mine started 1984 and scheduled to close in 2013 notorious for environmental damage located near the w irian frontier coppergold porphyry deposit owned by a joint venture
The ok tedi mine is an openpit copper and gold it began exploiting the gold cap by using cyanide extraction photos of ok tedi mine photo gallery mining in get price and support online global mineral extraction for the eu economy global mineral extraction for the eu environmental impact of copper mine ok tedi mine papua new guinea
The solwara 1 subsea mining project while still in the development phase construction has failed to progress q how was ok tedis own progress throughout the year graham it was strong and ok tedi expects to finish 2019 with production around 100000 tonnes
Stocks of miocene age ok tedi is a largescale opencut operation that is mined at an average rate of 200000 tonnes of material per day tpd with a daily mill throughput of 80000 tpd in 2004 ok tedi produced 173370 286 simon a kawagle resource geology indonesia papua new guinea ne sw c imwauna misima woodlark solomon sea woodlark
The current ok tedi mining limited otml exploration program is centred on five exploration licences covering about 680 square kilometres in line with a reinvigorated exploration strategy that is focused on the nearmine environment where the mineralisation potential is highest and easily accessible the majority of the exploration licences
Recovery at ok tedi and the increased production at lihir and simberi copper production from ok tedi is expected to reach around 110000 tonnes this year and nickel production from ramu over 30000 tonnes the total value of png gold production in 2016 was k761 billion including alluvial gold output production of other
The ok tedi mine is an openpit copper and gold mine in papua new guinea located near the headwaters of the ok tedi river in the star mountains rural llg of the north fly district of the western province of papua new guinea the mine is operated by ok tedi mining limited otml which is majorityowned by the png sustainable development program limited pngsdpl
The future of the mine otmls results follow the recent issuing of 33 of the equity in the company to three landowner companies based in the mineaffected areas of western province mineral resources ok tedi no2 12 per cent equity mineral resources cmca holdings 12 per cent and mineral resources star mountain 9 per cent
The mine is located on mount fubilan western province of png with an altitude of approx 1500m ok tedi is an open cut mine with approximately 160000 tonnes mined each day its processing plant treats an average of 78000 tonnes per day the greatest challenge facing otml is managing the effect of mining operations on the local environment
The deposit is mined as a large open pit with a flotation processing plant capable of treating up to 24 million tonnes per annum mtpa and currently recovering copper and gold into a saleable concentrate using conventional technology the concentrate product contains approximately 25 copper with gold content in the range of 15 to 25 gt
Paraia said the governments decision would restore justice for the ok tedi landowners the people of western and png the landowners at ok tedi bougainville misima porgera lihir and others have had their minerals stolen and their social and natural environments poisoned and destroyed he said
Apr 09 2002 australianbritish mining giant bhpbilliton announced at the end of january that it was severing all ties with the ok tedi copper mine in papua new guinea facing the possibility of legal
Jan 07 2013 ok tedi has contributed a lot over many years but particularly now now that the ok tedi mine is 100 per cent owned by papua new guinea and
May 28 2020 ok tedi mining appoints new chief executive may 28 2020 the national business with the transfer of the states 67 per cent shareholding in otml to kumul minerals holdings ltd kmhl now approved graham will assume the role of chairman and acting managing director of kmhl on a fulltime basis to progress entity
The ok tedi mine commenced operations on 15 may 1984 bringing tremendous change to the western province ofpapua new guinea png on a national level png depends on the mine for 156 per cent of export income royalty and taxation payments regional development ofthe western province ofpnghas been facilitated by the ok tedi mine and
The mine consortium ok tedi mining limited otml is owned by bhp 30 amoco minerals of the usa 30 and the png government and a german consortium with 20 each mining began in 1984 with the production of gold ore to 1988
Chairman of ok tedi mining limited sir moi avei kbe made the announcement following the ok tedi mining limited 2018 annual general meeting held on 22 may 2020 with the transfer of the states 67 shareholding in otml to kumul minerals holdings limited now approved mr graham will assume the role of chairman and acting managing director
Mining minerals and sustainable development is 2 ok tedi mining limited ok tedi ready to continue without bhp billiton media statement the mine produces ore at a rate of 80000 tonnes per day and waste rock at a rate of 152000 tonnes per day during the first four years of production the ok tedi mine consisted of a closed circuit
Supporting continued mine production since the 1980s since the early 1980s kcb has been involved in the design and construction monitoring of tailings and waste rock storage facilities at the ok tedi mine a coppergold open pit mine located in the remote star
Over the mineral resource it is a pattern repeated throughout the developing world but here with environmental consequences that are better documented than in most places the ok tedi mine is located in the star mountains in western province of papua new guinea png near the border with the indonesian province of papua see figure