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Papua New Guinea’s Ok Tedi copper mine suspends operations over COVID-19

Sumary of Papua New Guinea’s Ok Tedi copper mine suspends operations over COVID-19:

  • Ok Tedi Acting Managing Director Kedi Ilimbit said operations would be suspended for 14 days to stop further transmission of COVID-19 within its mining operations…
  • State-owned Ok Tedi said the shutdown would cost about 210 million kinas ($59 million) of revenue, directly hitting foreign currency inflows to the country as it battles an economic slump…
  • Operations at the biggest resources project in the country, Exxon Mobil Corp PNG LNG, are continuing as normal, an Exxon Mobil spokesman said……

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