TORONTO, June 2 /PRNewswire-FirstCall/ -- Inmet Mining Corporation (IMN-TSX) announced that it has reached an understanding to exchange its 18 percent equity interest in Ok Tedi Mining Limited (OTML) for a 5 percent net smelter return (NSR) royalty on revenues of product from the Ok Tedi mine.
What does OTML stand for?
OTML stands for Ok Tedi Mining Limited (Papua New Guinea)
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of OTML
We have 5 other meanings of OTML in our Acronym Attic
- One Time Master Instruction
- OnTrack Media Indonesia
- Open Text Mining Initiative
- Open Text Mining Interface (Nature Publishing Group)
- Optimum Interactive (USA) Ltd.
- Oroville Transit Mix Inc. (Oroville, WA)
- Overseas Tourism Marketing Initiative
- one-time mortgage insurance premium
- Office of Technology Management and Industry Relations (University of Missouri)
- Offline Tagging Markup Language (computing)
- Otto Marine Ltd. (Singapore)
- Observatory Thermal Math Model
- One Too Many Mornings (Bob Dylan song)
- On The Might Of Princes (band)
- Operational Test Measures of Performance
- Orientierungstauchen mit Orientierungspunkten
- Ohio Tributary Monitoring Program (National Center for Water Quality Research)
- On the Moon Productions (San Antonio, TX)
- Ontario Tourism Marketing Program (est. 1999; Ontario, Canada)
- Operational Testing and Monitoring Period
Samples in periodicals archive:
Last June, consultants to Ok Tedi Mining Limited (OTML), the subsidiary that operates the mine for BHP and its partners (the Papua New Guinea government and Inment Corporation of Canada), found that the environmental impacts of the mine were far worse than previously acknowledged.
Outside Equity Interests ------------------------ Outside equity interests' share of operating profit increased due mainly to the improved results of Ok Tedi Mining Limited.
7 percent of the preferred shares of Ok Tedi Mining Limited ("Ok Tedi") from Degussa AG at a price of US $35 million.
1,100) (1,583) (4,170) (4,607) Exploration (4,852) (173) (6,269) (1,801) Earnings before taxes and other items 5,564 22,700 2,366 15,699 Provision for income and resource taxes (2,385) (12,957) (1,920) (11,328) Equity in earnings (loss) of: Ok Tedi Mining Limited 3,396 10,610 5,898 13,093 MIM Holdings Limited(B) 4,000 - 6,800 - Teck Corporation 880 249 1,749 1,978 Cominco Ltd.