November 25, 2015

Ok Tedi Mine to resume operation

THE Ok Tedi Mine is looking forward to resuming operations early next year, according to managing director Peter Graham.
Graham told the PNG Mining and Petroleum conference in Port Moresby that the resumption however would depend on the weather.
The mine suspended operations on August 22 this year after drought conditions caused by the El Nino resulted in low water levels at the Fly River.
This forced the suspension of the transport of copper concentrate from Kiunga to Port Moresby along the river. It also affected the supply of diesel for power generation and mining operations.
Food supplies were also affected.
Graham said the majority of the employees had to be stood down but they received an allowance to help them meet basic needs.
He said the reopening of the mine was wholly dependent on the weather conditions in Western and areas along the Fly river catchment.
“We are looking forward to restarting operations in OK Tedi if weather permits,” he said.
“Our target is February, March - based on the weather.
“We will come back and we will come back as a stronger company from the experiences of the long dry weather.”