Ok Tedi: Creating Community Partnerships for Sustainable Development

- Organization:
- Canadian Institute of Mining, Metallurgy and Petroleum
- Pages:
- 8
- File Size:
- 56 KB
- Publication Date:
- May 1, 2002
Abstract
Papua New Guinea is a country on the cusp of development, struggling to find a balance between the demands of national and regional growth, landowner expectations and the maintenance of cultural identity. Ok Tedi Mining Limited is the single largest contributor to PNG?s economy, representing about 10 percent of the country?s GDP. OTML is demonstrating that business and country risk can be managed through effective, respectful partnerships with local communities. OTML?s relationships with the communities of PNG?s Western Province are multifaceted. Communities have borne the brunt of the mine?s environmental impact, yet have benefited enormously from the development that the mine has brought. Importantly, the PNG economy is now the ultimate beneficiary of more than four-fifths of the dividends from the mine, the majority of which are held in trust for long-term sustainable development projects. The paper describes how OTML works with the Western Province communities to create a secure operating environment that recognizes the people?s aspirations for development and self-determination.
Citation
APA:
(2002) Ok Tedi: Creating Community Partnerships for Sustainable DevelopmentMLA: Ok Tedi: Creating Community Partnerships for Sustainable Development. Canadian Institute of Mining, Metallurgy and Petroleum, 2002.