Category: News
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Oyu Tolgoi funded 35.1 km road opens in Khanbogd
The Khanbogd-Oyu Tolgoi paved road has been opened ceremoniously today. The 35.1 km road enables safe and comfortable travel for locals and Oyu Tolgoi employees. Oyu Tolgoi LLC fully funded the MNT46 billion project, which was recognized as the “Best Construction and Infrastructure Project 2018” by Umnugovi province. It is the latest of many projects…
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OYU TOLGOI RELEASES 2018 PERFORMANCE SCORECARD
22 January 2019 Oyu Tolgoi remains one of the safest mines in the world Total in-country spend reaches US$8.7 billion, US$322 million taxes paid; US$439 million in national procurement in 2018 Celebrated fifth anniversary of the first export shipment in July 2018 Workforce of 17,000 – including contractors and employees Exceeds 2018 full-year production guidance…
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The TTPP Power Source Framework Agreement signed
The Ministry of Energy and Oyu Tolgoi joint announcement Ulaanbaatar, 31 December, 2018: The Government of Mongolia and Oyu Tolgoi LLC have signed the Power Source Framework Agreement (PSFA) which sets out the pathway for Oyu Tolgoi (OT) to construct the Tavan Tolgoi Power Project (TTPP) and secures a long-term domestic power solution for OT…
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Khanbogd 840-child school and kindergarten complex, built and furnished with Oyu Tolgoi funding, is ready for use at Khanbogd soum
Umnugovi, Mongolia – Oyu Tolgoi backed Gobi Oyu Development Support Fund has commissioned and completed the Khanbogd secondary school No.2 with capacity to educate 640-student school and 200-child kindergarten today. The project was proposed by provincial Governor’s office when they identified capacity challenges in town’s school system. Students were studying in multiple shifts due to…
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OYU TOLGOI ANNOUNCES Q3’18 PERFORMANCE
Oyu Tolgoi crosses US$8bn in-country spend July marks 5th anniversary of the First shipment of copper concentrate from Oyu Tolgoi Continued commitment to our strong safety performance this quarter Second annual re-forecast on schedule and costs undertaken for underground project Oyu Tolgoi announced international and domestic scholarships for 2018 US$313 million spent on national procurement…
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IndustriALL and Rio Tinto conduct joint mission at Oyu Tolgoi mine in Mongolia
Global social dialogue between IndustriALL Global Union and Rio Tinto took a significant step forward when both parties undertook a joint mission to Rio Tinto’s massive Oyu Tolgoi copper and gold operations and underground expansion in the remote South Gobi desert of Mongolia. The joint mission took place from the 17th – 22nd September 2018.…
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Oyu Tolgoi: Past, present, future report
On behalf of the Oyu Tolgoi family, we have the pleasure of presenting to you ‘Oyu Tolgoi: Past, Present and Future’. This book was written recognising that Oyu Tolgoi is in many ways unique, not only for Mongolia – but for the global mining industry. This is a pioneering project, built on the foundation of…
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Gobi Oyu Development Support Fund announced the 55 winners of its Gobi Oyu Student Scholarship
Funded by Oyu Tolgoi LLC, “Gobi Oyu Development Support Fund” announced the winners of its “Gobi Oyu Scholarship” for students from Umnugovi province. The scholarship awards ceremony for 55 awardees took place on last Sunday. The “Gobi Oyu Development Support Fund” has provided scholarships to a total of 142 students from Umnugovi province so far.…
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CEO of Oyu Tolgoi LLC delivered the keynote speech
Armando Torres, CEO of Oyu Tolgoi LLC delivered the keynote speech at the Discover Mongolia Forum 2018, today. Speaking at Discover Mongolia 2018, where Oyu Tolgoi is a Platinum Sponsor, Mr. Torres reflected on his two years at Oyu Tolgoi and spoke of his pride in the company’s success. He shared his personal story and…
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Oyu Tolgoi Donated Kidney Scan Machine
Ulaanbaatar, Mongolia – Oyu Tolgoi LLC CEO Armando Torres today participated in the donation of state-of-the-art ultra sound machine for kidney imagery to the Kidney Center of the Hospital No. 1. Mongolia’s State Secretary of the Ministry of Health Mr. Sodnomdorj and the leadership team of the Hospital No. 1 of Ulaanbaatar took part in…