Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Ok Tedi Mining Ltd will resume operations at its copper mine located in Papua New Guinea (PNG) following a temporary two-week shut down due to rising COVID-19 cases at the mine, the company informed in a statement.

The company said that while the resumption of operations will be gradual, the ramp-up to full production is expected to take up to two weeks.

The company had temporarily halted mining activities since March 19, 2021, to curb the spread of the COVID-19 outbreak at the mine.

The company further informed that most of the COVID-19 cases detected at the mine were asymptomatic and have recovered or have been medically cleared as per the National Department of Health and the World Health Organisation’s Testing and Isolation protocols.

The company said that despite the temporary suspension of operations, it is expecting a solid profit outlook for the year.

Ok Tedi Mining Limited operates the Ok Tedi Mine, the longest-running open-pit copper, gold, and silver mine in Papua New Guinea.

It also has offices in Port Moresby and a logistics facility in Brisbane, Australia.






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