CAPITAL MARKETS

OK Tedi chairman fired

THE Papua New Guinean government has fired Sir Mekere Morauta as chairman of OK Tedi Mining Limited just days after seizing control of the mine.

Alison Middleton
OK Tedi chairman fired

Prime Minister Peter O’Neill confirmed that Morauta’s appointment had been terminated following the introduction of legislation transferring shareholding in OTML to the state. He said Morauta’s role...

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