Category: Press Release

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…

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.…

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…

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,…

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…

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…