The first hint of gold and copper in the ok tedi river of central new guinea was found by lawrence hargrave in july 1876 at the furthest point on the ok tedi reached by the little steam launch neva, while the crazed and ill expedition leader luigi d'albertis lay incapacitated, hargrave went ashore and panned a speck of gold, also a specimen of copper. The ok tedi mine is 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 majority owned by the png sustainable development program limited (pngsdpl. Report summary ok tedi is a copper-gold open pit mining operations in the star mountain region of papua new guinea the minesite is located 18km west of the border to indonesia's papua province and is characterised by dense forest, mountainous terrain and high rainfall. This mining pollution, caused by the collapse of the ok tedi tailings dam system in 1984 and consequent switch to riverine disposal (disposal of tailings directly into the river) for several decades, was the subject of class action litigation, naming ok tedi mining limited and bhp billiton and brought by local landowners.
-direct mine tailings discharge into river -mine began discharging all tailings into ok tedi/fly rivers -121,000 tons per day of waste rock -trace amounts of copper and gold. The controversial ok tedi copper and gold mine doesn't belong anymore to bhp billiton papua new guinea's government decided to whip full control of the pit from the hands of the company and put a stop to the legal immunity for environmental damage that bhp enjoyed. Australian-british mining giant bhp-billiton 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.
In 1994, papua-new guinean (png) landowners sued bhp in the supreme court of victoria in melbourne, australia alleging that bhp's operations at the ok tedi copper mine caused destruction of the surrounding environment and of their traditional lifestyle. The mine is located on mt fubilan, in the headwaters of the ok tedi river, as a joint ownership between broken hill proprietary company (bhp) (52%), the papua new guinea state (30%) and canadian miner inmet (18%) 1 having originally opened for gold extraction in 1984, the operation diversified into copper production 3 years later. Ok tedi copper mine in papua new guinea hit by drought two more weeks without rain could lead to suspension, md says by james regan sydney, dec 4 (reuters) - the ok tedi mine, one of papua.
Ok tedi mining limited otml is a privately held company that operates an open-pit copper, gold and silver mine inherent within the business of mineral focused on hiv and aids, high blood pressure, heart disease, diabetes, malaria. The history of the otml dates back to 1963 when copper mineralisation was first noticed near the current mine site several years later in 1969 the mt fubilan copper gold deposit was discovered with feasibility studies and proposals thereafter resulting in ok tedi mining limited incorporated as an entity to operate the project in 1981. Bamford, rwe, 1972, the mount fubilan (ok tedi) porphyry copper deposit, territory of papua and new guinea: economic geology, v 67, p 1019 1033.
The ok tedi mine is an open-pit 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. Papua new guinea needs to plan for the 2013 closure of the infamous ok tedi mine or the country could face another human catastrophe, out of the lucrative mine's gold and copper profits. The ok tedi mining operations are centred on the mt fubilan deposit in the upper fly river catchment in the remote star mountains, western province. The mine opened in the early 1980's to exploit what was believed to be the largest deposit of copper (and a huge seam of gold above it) in the world, and the town of tabubil (popul 10,000) was created to service the mine's staff. Papua new guinea's huge ok tedi gold and copper mine used to be a name synonymous with environmental disaster it is now more than a decade since bhp billiton, the company responsible for the.
Papua new guinea's government has taken 100 percent ownership of the controversial ok tedi gold and copper mine after a lingering dispute with a development fund with controlled the majority stake. Business ethic ok tedi copper mine the ok tedi copper mine ethical issue opening the mine without a waste storage if they would have waited to open the mine for the waste storage to be completely finished they never would have started disposing trailing in the river. The ok tedi mine in papua new guinea (png) is one of the mines where riverine disposal is currently being practised it is one of the world's largest gold-copper mines and. Writing was on wall for ok tedi mine source:the national, thursday july 30th, 2015 just over 18 months after prime minister peter o'neill announced the 100% takeover and ownership of the giant ok tedi mine by the png government, otml announces a temporary shutdown of operations.
Number: 06/02 bhp billiton today completed its withdrawal from the ok tedi copper mine in papua new guinea with the transfer of its 52 per cent equity stake to png sustainable development program limited (program company), a development fund that will operate for the benefit of the papua new guinean people. Papua new guinea's controversial ok tedi mine will slash its workforce and halt production due to weak copper prices and recent dry weather, managing director peter graham has told staff.
The people of western province finally own 33 percent of the giant ok tedi copper mine following the handover of equity share certificates by ok tedi mining limited board chairman sir moi avei to governor taboi awi yoto yesterday in kiunga otml is now a third owned by the people of western. Images filtering from the giant ok tedi copper mine indicate serious damage to roads and copper pipelines access to the fubilan mine pit and mill has been disrupted by landslides. And inmet mining corporation owned 18 percent 2 bhp billiton is the largest shareholder and owns absolute control over the ok tedi copper mine broken hill proprietary company limited is the giant in the australian mining.