Author: Munkhbadral
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Oyu Tolgoi announces Q4’19 Performance results
Oyu Tolgoi continued its globally competitive safety performance Total in-country spend has passed US$10 billion US$321 million taxes paid and US$431 million on national procurement in 2019 Maintains the guidance for copper production – 146,346 tonnes of copper in concentrate Exceeds 2019 full-year production guidance for gold – 241,840 ounces of gold in concentrate Completed…
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Oyu Tolgoi in-country spend passes US$10 billion
Oyu Tolgoi LLC has reached US$10 billion in total in-country spend since 2010, demonstrating our strong commitment to the prosperity of Mongolia. This is a remarkable milestone and is the largest foreign investment made in the country. The total in-country spend has substantially contributed to the country’s economic development through taxes, fees, national and local…
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Oyu Tolgoi awarded 25 students with full scholarship
On the occasion of the 97th anniversary of the Mongolian Mining Industry, Oyu Tolgoi awarded 25 students with full scholarship and 50 high school students with certificates to participate in the Youth Development Programme respectively. Oyu Tolgoi is committed to investing in human development under our vision – “Natural resources to enduring value, knowledge and…
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Oyu Tolgoi celebrates Shaft 2 construction completion
Oyu Tolgoi LLC today celebrated the completion of Shaft 2 of the world-class OT underground project, which is a significant milestone for the project. The ceremony was attended by national contractors who were crucial for the development of one of the world’s largest and most modern shafts project and other key stakeholders. In special remarks…