Category: News
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National Police Agency and Oyu Tolgoi extends Road safety partnership for safer roads
Road traffic accidents are one of the leading causes of death in Mongolia. That’s why Oyu Tolgoi and the National Police Agency are extending its joint partnership for the second consecutive year to implement evidence-based interventions that have proven to reduce road traffic fatalities and injuries, with a focus on rural intercity roads. This year,…
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Oyu Tolgoi LLC releases its 2019 Year in Review
Oyu Tolgoi released its 2019 ‘Year in Review’ report today. The report covers key areas of the business which are safety, people, partnership, cash and growth. Once again, the company delivered historic milestones across the business against a backdrop of challenges faced throughout 2019. Oyu Tolgoi achieved sustainable and efficient surface operations and maintained outstanding…
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Oyu Tolgoi announces Q1 2020 performance results
Continued its globally competitive safety performance On track to achieve 2020 copper and gold production guidance US$73 million taxes, fees and other payments paid US$105 million spent on national procurement Donated over MNT455 million for the community support against COVID-19 Oyu Tolgoi released the latest edition of its Scorecard, highlighting key performance metrics for the…
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Oyu Tolgoi announces Q4’19 Performance results
Oyu Tolgoi continued its globally competitive safety performance Total in-country spend has passed US$10 billion US$321 million taxes paid and US$431 million on national procurement in 2019 Maintains the guidance for copper production – 146,346 tonnes of copper in concentrate Exceeds 2019 full-year production guidance for gold – 241,840 ounces of gold in concentrate Completed…
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Oyu Tolgoi in-country spend passes US$10 billion
Oyu Tolgoi LLC has reached US$10 billion in total in-country spend since 2010, demonstrating our strong commitment to the prosperity of Mongolia. This is a remarkable milestone and is the largest foreign investment made in the country. The total in-country spend has substantially contributed to the country’s economic development through taxes, fees, national and local…
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Oyu Tolgoi awarded 25 students with full scholarship
On the occasion of the 97th anniversary of the Mongolian Mining Industry, Oyu Tolgoi awarded 25 students with full scholarship and 50 high school students with certificates to participate in the Youth Development Programme respectively. Oyu Tolgoi is committed to investing in human development under our vision – “Natural resources to enduring value, knowledge and…
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Oyu Tolgoi celebrates Shaft 2 construction completion
Oyu Tolgoi LLC today celebrated the completion of Shaft 2 of the world-class OT underground project, which is a significant milestone for the project. The ceremony was attended by national contractors who were crucial for the development of one of the world’s largest and most modern shafts project and other key stakeholders. In special remarks…
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Oyu Tolgoi announces Q3’19 Performance results
Opened “Chandmani” Operations and Service Centre – the operational headquarters for the Oyu Tolgoi underground mine; Rope up is complete for both the service cage and the production hoists of Shaft 2, Oyu Tolgoi underground; Signed a MNT 2.7 billion leather safety boots supply contract with a national shoe maker Khos-Az LLC; National procurement spend…
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Oyu Tolgoi hosts community open days in Khanbogd, Manlai and Bayan-ovoo soums
Oyu Tolgoi LLC, in collaboration with the Governor’s Offices of Khanbogd, Bayan-Ovoo, and Manlai soums in Umnnugovi Province, organised a series of Open days under the theme,“We are one family”. The Open days are intended to inform and brief the local community with the latest updates on company production and operations. Since the signing of…
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“Safety First -2019” Forum was held
Oyu Tolgoi LLC, Mongolian Occupational Safety and Health Professional’s Association (MOSHPA) and Erdenet Mining Corporation SOE is hosting a joint conference, “Safety First 2019” on October 1-2, 2019 in Ulaanbaatar. The conference is now launching in its eighth year under a theme ‘LEADERSHIP IN SAFETY’ to play a part in improving national occupational safety and…