Production on rise at Ok Tedi

RISING mine production at Ok Tedi helped the mine to a profit after tax of K754 million, an increase of K289 million or 61% up on the previous year.

Production on rise at Ok Tedi Production on rise at Ok Tedi Production on rise at Ok Tedi Production on rise at Ok Tedi Production on rise at Ok Tedi

Prime Minister James Marape, Ok Tedi MD Peter Graham, chairman Moi Avei and other dignitaries at the share certificate issue at Loloata Island Resort in Central Province

Mine production increased by 18% compared to the previous year, while copper and gold production were up by 3% and 9% respectively.
 
C1 cash costs decreased from $1.22/lb in 2018 to $0.