
Community Mine Continuation Agreement - Ok Tedi Mining …
The Community Mine Continuation Agreement (CMCA) defines the cash compensation, investment and development payments that OTML makes to the 158 communities affected by the mining operations in return for the license to continue operating the Mine until 2025. The communities are grouped into nine regions and represent over 147,000 people.
Mineral Resources CMCA Holdings Ltd - MRDC
MRCMCAH holds 12 percent of the OK Tedi Mine shares for 152 villages from the Community Mine Continuation Agreement (CMCA) regions in the Western Province. The CMCA regions are North Fly, Middle Fly, Kiwaba, Highway, North Ok Tedi, …
OTML Progresses CMCA Extension Review - PNG Business News
2025年1月6日 · The CMCA, established by legislation in 2001, ensures that communities impacted by OTML’s operations receive equitable economic and social benefits. This review supports OTML’s planned mine life extension from 2026 to 2033.
OTML Launches CMCA Extension Review Project - PNG Business …
2024年3月6日 · The CMCA Extension Review Project will be conducted from 2024 to 2025 with the aim to obtain consent from the 158 mine impacted villages to extend mine operations from 2026 to 2033. The project will review the entire CMCA agreement between OTML and the eight CMCA regions and mine villages, with a particular emphasis on the total benefits packages.
OTML progresses its CMCA Review Process with Regional Meeting 3
2025年3月6日 · The updated CMCA will secure a renewed social license for OTML to operate while driving socio-economic development in Western Province and Papua New Guinea. The Tabubil meetings from February 17th to 19th recorded a first for key Western Provincial Government dignitaries attending in unison.
• The CMCA Trust Investment Fund is fully committed with 7 projects in a diversified K 90 million portfolio comprising buildings, aviation and shipping • A consolidated Provincial Project Matrix prepared as a development project guide for OTDF, FRPG and …
Mine Continuation Agreement (CMCA) communities, the Fly River Provincial Government (FRPG) and the Independent State of PNG. Success is measured by safety performance, financial performance, social development indicators and the management and mitigation of environmental impacts. This 2019 Annual Review presents the integrated financial
Mr. Harry Kore – MRDC
Mr Kore is the Secretary for the Department of Mineral Policy and Geohazards Management. A lawyer by profession, Mr Kore has since been involved in mining for over 18 years. He is the Chairman of the CMCA and Non CMCA Trust Funds and the State Negotiation Team (SNT) for all State commercial interests in mining projects.
Subsidiary Education Subsidy Program - MRDC
2024年11月15日 · The 2025 Education Subsidy Program provides tuition subsidy to students from mining, gas and petroleum project areas. Mineral Resources Development Company (MRDC) oversees the program, ensuring a fair and transparent selection process that adheres to board-approved policies and regulations. Since 2022, the program has supported 8,848 students. 1.
Mining (Ok Tedi Mine Continuation (Ninth Supplement) Agreement Act …
2001年12月20日 · “Program Company” means PNG Sustainable Development Program Limited, a company incorporated in Singapore; “Termination Date” has the meaning set out in the Master Agreement. APPROVAL OF AGREEMENTS. (1) The Ok Tedi Mine Continuation (Ninth Supplemental) Agreement is approved and has effect according to its tenor.