Ok Tedi suspends operation

Business

OK Tedi Mining Ltd (OTML) has made a courageous decision to temporarily suspend operations after Covid-19 cases were detected in Tabubil, Kumul Minerals Holdings Ltd (KMHL) chairman and acting managing director Peter Graham says.
Graham, OTML’s former managing director and chief executive, said the mining industry, as other industries in PNG, was feeling the impact of Covid-19. KMHL owns 67 per cent of OTML.
Graham was responding to queries from The National on whether the suspension of operations by the company would be a concern for KMHL.
“Companies have to balance the health risk to employees and local communities with maintaining operations and profitability,” he said.
“Musje Werror (OTML CEO and MD) has acted consistent with the Ok Tedi’s core values – caring for the health and safety of employees and communities.”