Mineral Resources Star Mountains Limited

Mineral Resources Star Mountains Limited (MRSM) is an incorporated land owner company representing landowners from the giant OK Tedi Mining Limited (OTML) in Western Province, Papua New Guinea.

MRSM commenced implementing its investment strategy in 2005 from surplus funds received as royalties from OTML.

In 2009, MRSM recorded a total portfolio value of K141.6 million under management.

Table 1.4 MRSM Portfolio value by year

MRSM TOTAL INVESTMENT PORTFOLIO VALUES FOR PERIOD 2005 - 2009
Year Portfolio Value (K’million)
2005 29.7
2006 80.4
2007 99.5
2008 119.2
2009 141.6

Graph of MRSM’s Investment Portfolio



Since 2005 the portfolio has recorded a steady growth around 63% or K111.9 million from K29.7 million to K141.6 million in 2009.