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OK Tedi Mine to Generate K19 billion for PNG in the next 11 years

 The Ok Tedi Mine will generate over PGK19 Billion in dividends for the benefit of Papua New Guinea over the next 11 years, says Ok Tedi Mining Ltd (OTML) General Manager Commercial and Chief Financial Officer Cameron Clark. Ok Tedi Mining Ltd (OTML) General Manager Commercial and Chief Financial Officer Cameron Clark. [Photo supplied] Mr Clark said this today when speaking at the PNG Mining and Petroleum Investment Conference in Sydney, Australia. He said although the mine has been impacted by high fuel cost, and the expected low grade ore transition in 2022, OTML remains profitable and is committed to delivering for its shareholders. “The outlook for Ok Tedi is a positive one. The Company has tripled its value in the last 6 years and extended mine life by 7 years. This has been made possible by a combination of technical improvements, cost improvement, accelerated mining rates and internal investment in key strategic projects,” Mr. Clark said. He put this amount into context by sayin

K618 Million Budget Approved by East New Britain Provincial Government for 2023 Under the Leadership of Governor Marum

 K618 Million Budget Approved by East New Britain Provincial Government for 2023 Under the Leadership of Governor Marum The East New Britain Provincial government’s record-breaking budget for 2023 is not just good news for the region, but it also bodes well for the wider economy of Papua New Guinea. Governor Marum [ Photo Credit: Rohan Paul] As one of the country’s big provinces, the East New Britain Province plays a crucial role in driving the national economy forward. The government’s focus on key industries such as tourism, agriculture, and infrastructure will not only benefit the province but also create opportunities and growth for the rest of the country. For instance, the investment in tourism will not only create jobs and improve the local economy, but it will also attract more visitors to Papua New Guinea, boosting the national tourism industry. Similarly, the support for agriculture and commodities will help to increase food security, promote sustainable agriculture practices

100 first dates: How much time do you spend on dating sites?

If you’re even slightly interested in online dating, then you probably know that some users spend a lot of time on dating sites and applications. But have you ever wondered how much? Believe us, the numbers will surprise you!  Today we want to share some interesting statistics about modern web dating, offer expert advice on how to make online dating more effective, and also recommend several online services that will help you find your perfect match. Let’s get started! Revealing modern web dating statistics and expert opinions Millennials spend an average of 10 hours a week on dating apps, according to research by the Independent. That’s almost an hour and a half a day. This is really a lot, given that so much time is spent on social networks, instant messengers and other web communication formats. The problem is that the majority waste this time, and are left with nothing, turning the process of finding their soulmates into a regular routine. A similar study was conducted by specialis