Category: News

– Strong safety and production performance – US$126m taxes paid over the quarter – US$136m in national procurement spend Oyu Tolgoi LLC today announced its financial results for the quarter ended June 30, 2016, and released its latest Performance Scorecard. HIGHLIGHTS Oyu Tolgoi achieved an excellent safety performance with an All Injury Frequency Rate of…

Oyu Tolgoi today announced the signing of a critical contract for the underground mine development, marking a significant milestone in the continuing ramp up of the construction programme. The contract to execute the Boxcut and Decline for the project has been awarded to a joint venture between Thiess Pty Ltd and Khishig Arvin, a Mongolian…

Oyu Tolgoi today announced an update on its production for the second quarter of 2016. Andrew Woodley, Chief Executive Officer of Oyu Tolgoi, said, “I am very pleased with the team’s continuing strong performance in the second quarter. Most importantly our safety performance was excellent, and rates among the best in Rio Tinto and our…

On July 3-4th, Bayan-Ovoo, Manlai and Khanbogd soums celebrated Naadam festivities with closing ceremony of all three Naadams. It was truly happy Naadam celebrations with great joy!

Oyu Tolgoi today announced the signing of a critical contract for the underground mine development – another key step forward towards full ramp up of construction. Jacobs Engineering Group, one of the world’s largest and most diverse providers of technical, professional and construction services, has been contracted to provide engineering, procurement and construction management (EPCM)…

Oyu Tolgoi LLC was named as Top Taxpayer of Mongolia for 2015 by the General Authority Department of Taxation and Customs with total 558.9 billion tugriks paid in taxes and fees to the Government of Mongolia. S. Purev, head of the General Authority Department of Taxation and Customs presented “Best Taxpayer award – 2015” to…

The development of the underground mine at Oyu Tolgoi has been approved, marking the beginning of the next phase in the development of this world-class resource. The decision follows approvals by Rio Tinto, the Government of Mongolia and Turquoise Hill Resources to invest US$5.3 billion to expand the mine, and the recent granting of all…

Strong Safety and Production Performance; us$36m Taxes Paid; us$59m National Procurement Spend Oyu Tolgoi LLC today released the latest edition of its Performance Scorecard. In the first quarter of 2016, Oyu Tolgoi maintained its focus on safety and saw no major incidents. During the period, Oyu Tolgoi was injury-free for 88 out of 91 days.…

Crosses 2 Million Tonnes In Concentrate Shipments Oyu Tolgoi today announced an update on its production for the first quarter of 2016. Andrew Woodley, Chief Executive Officer of Oyu Tolgoi, said, “Our exceptional performance over the quarter – setting new records in production, while improving our safety performance – speaks to the commitment and skill…