Category: Press Release

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…

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…

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…

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…

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…

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…

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…

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…

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…

– 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…