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OK Tedi Data

OK Tedi Information

  • Ownership 2015-06-18
    BHP withdrew from operations in 2002.
  • General 2015-05-10
    The mine was first discovered by Kennecot Corporation and after the gold cap was exploited it was bought by a JV consisting of the PNG government and BHP. Following an environmental disaster in 1999, the majority ownership has returned to the government.

Nearby Locations

Nearby Location News

  • Era completes Yandera drill program 2016-09-09

    Era Resources has completed a resource drilling program and received further assay results from the Yandera project in the highlands of Papua New Guinea. An updated resource estimate incorporating all results from the drilling campaign is planned to be completed by the end of 2016.

  • Era Resources Inc. Announces Further Results of Its 2016 Drilling Program at Yandera Project, PNG 2016-09-07

    TORONTO, ONTARIO--(Marketwired - Sept. 7, 2016) -

  • Stoping begins at PNG gold project 2016-07-12

    Stoping has commenced within the central high grade gold block at Crater Gold Mining’s High Grade Zone (HGZ) Gold Project at Crater Mountain in Papua New Guinea (PNG). With stoping under way the company expects that the mining rate and the recovered gold grade will increase.

  • ASX: Stoping at High Grade Zone - gold grade expected to increase 2016-07-11

OK Tedi News

  • Ok Tedi board approves PNG copper mine restart from March 1 2016-02-05
    Papua New Guinea copper miner Ok Tedi Mining Ltd said its board has approved a restart of its operations on March 1, more than five months after the mine was put on care and maintenance when drought cut off its transport links. The move will bring further metal to a copper market which is already reeling from a prolonged downturn in prices and a surge in mine supply just as demand from China cools, forcing high cost producers to cut output or shut down.

Related News

  • BHP sinks cash into Nickel West to revive operations 2016-10-20
    The future of mining giant BHP Billiton’s Nickel West arm appears solid as the company focused on extending its current operating life from 2023 to 2032, and sinks cash into maintaining its asset integrity. BHP, which has unsuccessfully tried to sell its nickel businesses, has invested A$2-million a month for the last ten months into maintenance and repairs at Nickel West. The spending will continue for the remainder of 2016 and 2017, said Nickel West asset president Eduard Haegel on Thursday.
  • SolGold turns down BHP proposal as interest in junior grows 2016-10-10
    Mining giant BHP Billiton has offered to pay $30-million for a 10% interest in Aim-listed SolGold, but the Brisbane-based explorer has rejected the proposal and decided to stick with a $33-million financing deal with Maxit Capital and Newcrest Mining. In addition to a 10% shareholding in SolGold, BHP had also hoped to secure an earn-in into the Cascabel copper/gold project, in Ecuador, by spending $275-million to acquire a 70% stake of SolGold’s 85% interest in the Cascabel holding company Exploraciones Novomining SA.
  • Olympic Dam still on care and maintenance 2016-10-04
    Operations at the Olympic Dam copper, gold and uranium mine, in South Australia, remained on care and maintenance, mining giant BHP Billiton said. Operations were suspended and the site de-mobilised following a severe storm in South Australia, which resulted in state-wide power outages.
  • Jimblebar on track for production lift 2016-09-28
    BHP awaits crusher installation to stay on target
  • ASX: Mineral Resources and Ore Reserves at 30 June 2016 2016-09-21

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