Category: News
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Interview: B.Mainbayar “Oyu Tolgoi protects archeological and paleontological findings”
– Our cooperation was excellent and therefore produced good results – We interviewed B.Mainbayar, scientific researcher of the Paleontological Center of the Mongolian Academy of Sciences. Can you tell our readers about paleontology, particularly about your dinosaur research work? Paleontological science, particularly study of vertebrata animals or what we know as dinosaurs requires much time.…
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Press statement: Oyu Tolgoi provided substantial support for employees to vote
– Oyu Tolgoi implemented all possible measurements in order to reinforce the election law – Ulaanbaatar, Mongolia (ot.mn) – Oyu Tolgoi, the copper and gold mine in the South Gobi, has provided substantial support to encourage employees to vote in today’s general election. All Oyu Tolgoi employees in Dalanzadgad as well as Ulaanbaatar were given…
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Interview: U.Ganzorig “In economics, a good deal means making the trade at the right time, considering all risks, and targeting the most lucrative business at the time.”
By Ch.Batpurev We talked with Ganzorig Ulziibayar, President of the Association of the Mongolian Financial Market. The number of mining projects in Mongolia is growing, how do they get funded? There are two different types of mining project activities. Firstly, exploration, this requires a great deal of knowledge and understanding of what minerals are located…
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Interview: N.Algaa “I believe the Oyu Tolgoi project will be a role model for mining development in our country and will lead the mining sector for the next 100 years”
– It is wonderful that so many engineers and technical specialists are returning to Mongolia to work with Oyu Tolgoi – By Ch.Purevee Interview with N.Algaa, the executive director of the Mongolian National Mining Association. What is the history of mining development in Mongolia? Mining in Mongolia started in 1924. In the 1970s there were…
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Press release: Oyu Tolgoi project construction is 90 per cent complete
– First ore production set for a 4th quarter start – Ulaanbaatar, Mongolia – We are pleased to inform you that advancement at the Oyu Tolgoi project, which is key to the development and economic growth of Mongolia, has hit an important milestone – 90 per cent completion. The Oyu Tolgoi project is set to…
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Press release: Oyu Tolgoi recruits locally from Khanbogd soum
– Recruits to become industry leading miners – Ulaanbaatar, Mongolia – Oyu Tolgoi, a world leading mining company in Mongolia, operates in Khanbogd soum in the province of Umnugobi. The company aims to contribute to the socio-economic development of Khanbogd as well as the neighboring soums of Dalanzadgad, Bayan-Ovoo and Manlai in many ways and…
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Press release: 9,621 Mongolians taking part in the development of Oyu Tolgoi
– Mongolians jointly managing world-class project – Ulaanbaatar, Mongolia – As of 30 May, construction at the Oyu Tolgoi project, which is driving economic growth in Mongolia, has reached the 82 per cent completion mark. The Oyu Tolgoi mine will commence operations and begin exporting its product to world markets starting in 2013. The mine…
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Press release: Oyu Tolgoi contractors fully ensure safety
– Certificate presented for safety recognition – Ulaanbaatar, Mongolia – Oyu Tolgoi has made significant intellectual investments by spending a total of 110 billion MNT (US$85 million) on Mongolian workforce training programmes. The programme funding are the largest of their kind in Mongolian history. Within the framework of this effort, three standard technical schools will be…
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Interview: Tselmeg.E, “Oyu Tolgoi LLC will create approximately 1,600 new jobs this year”
– We ensure fair and transparent recruitment practices where all applicants are provided with equal opportunities – We have interviewed Ms. Tselmeg.E, Superintendent Recruitment at Oyu Tolgoi LLC. Oyu Tolgoi is creating many jobs. So what are the impacts of this on households and Mongolian economy in a broader way? The development of Oyu Tolgoi…
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Press statement: Death at site
Ulaanbaatar, Mongolia (ot.mn) – Oyu Tolgoi regrets to report that an employee of a contractor has died of suspected natural causes at the Oyu Tolgoi site. A Filipino man, 47, was found dead in his room at site on 13 June 2012. It is believed he died at approximately 5.00am. There are no suspicious…