Author: Munkhbadral

Ulaanbaatar, Mongolia – Oyu Tolgoi today announced an update on its performance for the quarter ended 31 March, 2015. Highlights: Strong safety performance with no fatalities and an All Injury Frequency Rate of 0.25 per 200,000 hours worked. Signed a 30 year Cooperation Agreement with the Umnugobi Aimag underpinning our desire to build strong long…

Dalanzadgad, Umnugobi – Oyu Tolgoi LLC today signed a Cooperation Agreement with its partner communities – composed of the Umnugobi aimag, and the Khanbogd, Manlai, Bayan-Ovoo and Dalanzadgad soums. The agreement sets out how the parties will work together towards sustainable development in important areas such as water, environment, pastureland management, cultural heritage, tourism, local…

Ulaanbaatar, Mongolia – Oyu Tolgoi today announced its production report for the first quarter of 2015. Concentrate production in Q1’15 decreased approximately 30 per cent over Q4’14 driven by resource sequence and therefore impacted by lower mill head grades as well as a planned maintenance and improvement shutdowns. The shutdown was completed on time and…

Ulaanbaatar, Mongolia – Oyu Tolgoi LLC and Erdenet Mining Corporation today signed a Memorandum of Understanding (MoU) to work together for the further development of health, safety, environment and community (HSEC) standards and practices within the Mongolian mining industry. The MoU lays the groundwork for the two companies to share experience, expertise, and local knowledge…

Ulaanbaatar, Mongolia – Oyu Tolgoi LLC today released its performance ‘Scorecard’ for the first quarter of 2015. The scorecard is intended to provide a regular, high-level update on key parameters around the operation – including direct impact measures like local employment ratios, supplier spend and taxes paid; environmental factors like water use; and, broader impacts…

Graduates of the Oyu Tolgoi Youth Development Programme on Monday received their certificates after completing three months of training in leadership and capacity development. Batsukh Galsan – Chairman of the Oyu Tolgoi Board of Directors presented the certificates, saying: “Knowledge is endless. Keep working hard. You are the future of Oyu Tolgoi and Mongolia.” L.…

Ulaanbaatar, Mongolia – The Government of Mongolia and Rio Tinto today formally celebrated the major milestone of Oyu Tolgoi LLC shipping one million tonnes of copper concentrate. An official ceremony of celebration was held at the mine site in the South Gobi desert, attended by the Minister of Mining, R Jigjid, the Chief Executive of…

Ulaanbaatar, Mongolia – Oyu Tolgoi held its sixth annual Supplier Recognition ’Gobi Gem‘ Awards at the National Opera and Ballet House on Thursday, with government officials, local dignitaries, trade associations, and the supplier community taking part in the celebration of the finest of Mongolia’s industry. The awards looked back over achievements in eight main categories…

Ulaanbaatar, Mongolia – Oyu Tolgoi LLC COO, Mr. Ivan Vella, and the United Nations Population Fund (UNFPA) Representative, Ms. Naomi Kitahara, today signed a joint agreement to support youth development in Khanbogd soum, South Gobi. The two organisations have agreed to establishment a Youth Development Centre, commonly known as a YDC, in Khanbogd. This YDC…