Category: News
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Oyu Tolgoi Completes Trades Training Programme In Khanbogd and 21 Trainees Received International Standard Trades Certifications
Twenty one Khanbogd residents celebrated last Thursday as they completed a unique training programme strengthening their skills as they enter the job market. The six month Oyu Tolgoi Pre-Apprenticeship programme started in October 2015. Over the past six months, the trainees undertook specialised courses in electrical trades, welding, and mechanics and received internationally-recognised Australian trades.…
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Oyu Tolgoi’s Employee Achivements Celebrated
Oyu Tolgoi held its Employee Recognition Awards last week, honouring six employees and contractors for their commitment to the company and support for their colleagues. The awards come after Oyu Tolgoi’s Underground Project Financing was recently recognized in the Bloomberg TV Mongolia awards. The six winners from across the business were recognised for their commitment…
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Oyu Tolgoi Board of Directors Appoints Chief Development Officer for Underground Development
Oyu Tolgoi has appointed Marco Pires as Chief Development Officer – Underground, a critical role as the preparatory works for the project continue to progress. In this position, Marco Pires will be responsible for the Hugo North Lift 1 Underground project. Marco Pires has more than 30 years of global mining experience in copper, gold,…
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Oyu Tolgoi Announces 2015 Performance Update
Oyu Tolgoi today announced an update on its performance for the fourth quarter and full year 2015. Oyu Tolgoi achieved an excellent safety performance for 2015 with an All Injury Frequency Rate of 0.33 per 200,000 hours worked. For 2015, Oyu Tolgoi’s second full year of production, the mine operated at record levels. Oyu Tolgoi…
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Sixty Students Complete Oyu Tolgoi Youth Development Programme
Sixty young people from 44 Ulaanbaatar schools on Monday graduated from the Oyu Tolgoi’s Youth Development Programme, a three month long intensive leadership and capacity development course. The graduates on Monday received their certificates, with a small group of high-performing participants receiving scholarships to study at university. Michael Gavin – Oyu Tolgoi’s General Manager, People…
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Oyu Tolgoi builds new community sports hall in Manlai soum
Residents of Manlai soum, Umnugobi, have access to a new sports hall as it officially opens on Thursday, 26 February. The modern facility, funded by Oyu Tolgoi, will be used by the local school for physical education classes, for hosting regional sporting competitions, and be open to local residents for leisure activities. Oyu Tolgoi President…
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Oyu Tolgoi deploys SmartCap technology to stop accidents before they happen
Oyu Tolgoi today announced the roll-out of an innovative and ground-breaking new safety programme across several areas of the operation with the deployment of SmartCap technology. The SmartCap device, mounted on an operator’s cap, monitors the electrical activity of the brain, and alerts both the operator and the Oyu Tolgoi control room if an operator…
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Oyu Tolgoi signs Project Finance agreement
A signing ceremony for the Oyu Tolgoi underground Project Finance package was held in Ulaanbaatar, Mongolia on 16 December 2015. The event was held in the presence of Prime Minister Saikhanbileg, Minister for Mining R. Jigjid, Andrew Woodley, CEO – Oyu Tolgoi, Batsukh Galsan – Chairman of the Board of Directors, Oyu Tolgoi, and key…
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Oyu Tolgoi announces successful completion of scholarship programme, awards 35 students for 2015-16
Oyu Tolgoi yesterday organized an award ceremony to recognize 35 Mongolian students who were selected to receive domestic and international scholarships from the company for the academic year 2015-2016. The event was attended by new scholarship awardees, former recipients, their parents, the Minister of Labour, representatives of the ministries and members of the Oyu Tolgoi…
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Oyu Tolgoi announces Q3 2015 performance update
Oyu Tolgoi today announced an update on its performance for the third quarter of the fiscal, ending 30 September, 2015. Highlights: Oyu Tolgoi achieved a strong safety performance with an All Injury Frequency Rate of 0.31 per 200,000 hours worked for the nine months ended 30 September, 2015. Oyu Tolgoi recorded revenue of US$431.7 million…