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200217 Ok Tedi-241
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-311 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-273 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-160
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

IMG_4433-sag-mill-dawn-photo
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

porgera
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-419 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-763 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-361 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-255 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-306 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

200217 Ok Tedi-311 web
Kumul Minerals Holdings Limited

Kumul Minerals Holdings Limited (KMHL) is the national mining company of
Papua New Guinea, beneficially owned by the nation.
The company has been mandated as the exclusive nominee to hold
and manage investment in mining assets on behalf of the
Independent State of PNG.

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200217 Ok Tedi-241
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200217 Ok Tedi-419 web
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MS. NELLIE JAMES
CHAIRLADY

I would like to welcome you all to the new refurbished Kumul Minerals Holdings Limited (KMHL) website. It has taking some time to develop and launch, as we would like it to reflect the true identify of KMHL to the people of Papua New Guinea and the rest of the world.

I aspire and endeavor to provide the leadership and guidance needed to achieve both KMHL Vision and Mission statements;

Vision Statement

Kumul Minerals will be a responsible minerals company committed to create and enhance value in the entire chain of the minerals business for the collective benefit of Papua New Guinea.

Mission Statement

The Kumul Minerals will seek to:

  • Invest in high value assets in the complete chain of the mineral sector.
  • Prudently manage and maximise shareholder interests and returns in mineral assets.
  • Develop and grow a dynamic, skilled and motivated team in the mineral industry.
  • Grow the company to become a competitive player in the minerals sector.
  • Be environmentally and socially responsible corporate entity.

OUR IDENTITY

Kumul Minerals Holdings Limited (Kumul Minerals) is a company established and incorporated under the Companies Act 1997.  Under the Kumul Minerals Holdings Limited Authorization Act 2015 (Kumul Act):

    • We are authorised to operate as a commercial enterprise that principally participate in the mineral sector in Papua New Guinea and abroad.
    • We are not an instrumentality of the State and our assets are not public assets.
    • We are the nominee of the State to exercise the State option in new mining projects.

Our Trustee Shareholder is the Prime Minister of the day. Our vision, mission, and core values underpin our Business Objectives to create wealth for our shareholders, the people of Papua New Guinea.

Wind turbines standing on a grassy plain, against a blue sky.

OUR BUSINESS

The sun shining over a ridge leading down into the shore. In the distance, a car drives down a road.

The core business of Kumul Minerals covers the entire value chain of the mineral sector. We are a player in the upstream, midstream, and downstream businesses of the mining industry.

Kumul Minerals holds sixty-seven percent (67%) of the shares of the giant Ok Tedi Copper Mine and is the majority shareholder. We also own thirty-six percent (36%) of the Porgera Gold Mine.

Our Strategy is to participate with Strategic Partners in any horizontal and vertical integration of the mineral business.

Our primary focus is on Precious and Base Metals, with high value in the global market.
We will promote and foster the equator principles in operating mines that we have an interest in.

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