Landowners from the giant Ok Tedi Mine now own a 33% stake in the mine’s operation, becoming the first landowners to own a larger than mandated equity share in any resource project in Papua New Guinea.
The partnership between the PNG Government and the landowners in building the K1.2 billion Hilton Hotel and Convention Center is a true partnership in all sense.
Schoolteacher Roselyn Tony added another award to her collection, claiming the MRDC sponsored ‘Women in Writing’ award in the 2016
Mineral Resources Development Company Limited (MRDC) is registered under the Companies Act 1997 and is wholly owned by the State. Since 1975, MRDC has proudly managed landowner and provincial equity in Papua New Guinea’s resource sector — building wealth, empowering communities, and shaping a legacy of progress.