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PRECIOUS METALS (US $)
Gold 1389.871.47
Silver 22.63-0.05
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Gold / Silver61.42
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Copper 3.34-0.02
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Ok Tedi Project
Ok Tedi
Country Papua New Guinea 
Close to Mt fubilan
Status PRODUCTION 
Latitude / Longitude 6 S 28 / 145 E 14
Legends
Valorisation
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Produces Copper - Gold -
Develops
Explores for
Risk and valuation analysis of the Ok Tedi Project
Status Risk : Production
Country Risk : Important
Resource Risk : 92.00%
In situ value
6,496,838,421 $
    Link to technical report
Title(s) of the Ok Tedi Project
Inmet Mining Corp.
Joint venture: 18%
Company ProfileAll ProjectsCompany websiteCompany project page
TitleCompany ProfileAll ProjectsCompany websiteCompany project page
Inmet has an 18 percent interest in Ok Tedi Mining Limited, the owner of the mine. 52 percent of OTML is owned by PNG Sustainable Development Limited and the remaining 30 percent is owned by the Government of Papua New Guinea.
Location of the Ok Tedi Project
Ok Tedi is one of the world’s largest copper and gold mines and is situated in the Star Mountains region of Papua New Guinea.
 
History of the Ok Tedi Project
The open pit mine has been in production since 1985
 
Reserves and resources of the Ok Tedi Project
TonnageGradeReserves and resources
CopperGoldCopperGold
%g/tlbsoz
 Proven93,000,0000.700.901 435 209 327 2 691 017
 Probable30,000,0001.202.10 793 664 144 2 025 497
 Proven and Probable123,000,0000.821.192 228 873 471 4 716 515
 Total 123 000 0002 228 873 471 4 716 515
Definitions
Reserves and resources of the Ok Tedi Project
MetalTotalReservesResourcesUnitIn situ value
ProvenProbableProven and ProbableMeasuredIndicatedMesured and IndicatedInferred
 Copper2 228 873 4711 435 209 327 793 664 1442 228 873 471 lbs7 446 666 266 US$
 Gold 4 716 515 2 691 017 2 025 497 4 716 515 oz6 555 342 038 US$
Location
Data last updated on : 12/31/2008
Disclaimer
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
Cautionary Note to US Investors concerning estimates of Measured and Indicated Mineral Resources