Category: News
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Oyu Tolgoi Underground Development Supplier Forum a major success; 600 companies participating, strong Mongolian presence
Oyu Tolgoi’s Underground Development Supplier forum, a major event designed to bring together domestic and international suppliers, was successfully held on Wednesday. The event, which aimed to provide potential suppliers with information about the development of the underground mine, saw strong interest, with approximately 600 Mongolian and international businesses – translating to over 1,200 attendees…
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Oyu Tolgoi named BCM ‘Company of the Year’
Oyu Tolgoi was named as Company of the Year for 2015 by the Business Council of Mongolia (BCM), an organisation dedicated to the promotion of trade and investment in Mongolia, representing all investors – domestic and foreign. Business Council of Mongolia Executive Director, Jim Dwyer, said: “The Business Council of Mongolia is delighted to acknowledge…
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Oyu Tolgoi in-country spend passes US$5.13 bn / MNT10.2 tr (2010-Q3 2015)
Strong safety performance continues Maintaining high water recycling rate of over 85 per cent US$192 mn / MNT383 bn in taxes paid for first three quarters of 2015 National procurement spend crosses US$209 mn / MNT417 bn for three quarters Oyu Tolgoi LLC today announced its in-country spend, from 2010 to Q3 2015, had passed…
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Oyu Tolgoi transfers major power line asset to government of Mongolia
Approximately 96km of high-quality transmission line connecting Umnugobi to the Mongolia-China border The 220kv double circuit transmission line was built in 2011, and reached operational status in July 2012 Line has achieved 100 per cent availability and 99.8 per cent reliability over two years of commercial operations Population centres and industry in region benefit from…
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Oyu Tolgoi announces Q3 2015 production update
Oyu Tolgoi today announced an update on its production for the third quarter of 2015. Highlights: All Injury Frequency Rate of 0.31 year to date per 200,000 hours worked Record mine production in third quarter 2015 Oyu Tolgoi crosses 1.5 million tonnes of concentrate shipments Andrew Woodley, President and Chief Executive Officer, said, “Oyu Tolgoi…
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Oyu Tolgoi awards 20 students with Gobi scholarship
– Gobi scholarship programme marking 10 years of establishment –– 292 students have received the Gobi scholarship since 2005 –– MNT 600 million awarded in scholarships till date – Oyu Tolgoi on Wednesday hosted an awards ceremony to recognize the latest recipients of its Gobi Scholarship programme. This year, 20 students received scholarships, which focus…
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Oyu Tolgoi launches Pre-apprentice programme in Khanbogd
24 trainees in first cohort Participants will be skilled in preparation for job training An Oyu Tolgoi sponsored ‘Pre-Apprentice Programme’ was inaugurated on Thursday in Khanbogd soum centre. The event took place at the Khanbogd Technical Training Centre, and was attended by State Secretary of the Ministry of Labour, Magnaisuren, Oyu Tolgoi LLC GM Infrastructure…
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Minister M. Zorigt visits Oyu Tolgoi
Oyu Tolgoi was pleased to host MP and Minister of Road and Transportation Mr Zorigt Munkhchuluun at its world-class facility on Saturday, 26 September, 2015. Erdenes Oyu Tolgoi Deputy Director Mr Davaadorj Damdin and Oyu Tolgoi officials briefed the Minister on the latest developments at the operation and, on issues related to the key roads…
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Oyu Tolgoi appoints general manager for underground development
Oyu Tolgoi has appointed Greg Field as General Manager – Underground, one of the key roles in the execution of the Oyu Tolgoi underground development, and, the first of a number of key roles being filled as Oyu Tolgoi progresses towards development of the underground project. In this new position, Greg Field will play a…
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Oyu Tolgoi announces Q2 2015 performance update
Oyu Tolgoi today announced an update on its performance for the second quarter of the fiscal, ending June 30, 2015. Highlights: Oyu Tolgoi achieved a solid safety performance with an All Injury Frequency Rate of 0.22 per 200,000 hours worked for the first half of 2015 Oyu Tolgoi recorded revenue of US$421.3 million in Q2’15…