Category: Press Release
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Oyu Tolgoi LLC participates in the Transparency of extractive industry forum
Ulaanbaatar, Mongolia – Oyu Tolgoi LLC representatives participated in the Transparency of Extractive Industry Consultative Forum, highlighting the steps Oyu Tolgoi and Rio Tinto take for transparency of the business. The forum was held on 22-24th of April in Ulaanbaatar. Oyu Tolgoi Communities General Manager Sh.Baigalmaa and Chief Counsel D.Amarbayasgalan participated in the ‘Communities experience’…
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A memorial monument erected at Oyu Tolgoi Open pit mine in honor of the late D.Garamjav
Umnugovi, Mongolia – A memorial monument has been erected at the Oyu Tolgoi Open pit mine to commemorate the everlasting legacy of the late Garamjav Dondog, the Honored Industrial Worker of Mongolia, who played a pivotal role in the exploration and survey of the Oyu Tolgoi deposits, who first recorded the surface copper mineralization at…
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Oyu Tolgoi crosses US$9 billion in-country spend
Quarterly performance report for Q1’2019 Copper production of 45,800 tonnes, up 18.2 per cent on Q1’18 Gold production of 120,000 ounces, up 187.6 per cent on Q1’18 US$85.7 million taxes and payments paid; US$98 million was spent on national procurement; Ulaanbaatar, Mongolia – Oyu Tolgoi released the latest edition of its scorecard on April 23rd,…
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Umnugovi province and Oyu Tolgoi LLC organize the annual Open Day
Umnugobi aimag, Mongolia – Umnugobi province Governor’s office, Agency for Labor Welfare services and Oyu Tolgoi LLC have succesfully organized an Open Day in Dalanzadgad. While opening the event, the Governor of Umnugobi aimag, N.Naranbaatar highlighted that Oyu Tolgoi LLC spent US$216 million in the year of 2018 on procurement from Umnugovi. During the event,…
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Oyu Tolgoi funded 35.1 km road opens in Khanbogd
The Khanbogd-Oyu Tolgoi paved road has been opened ceremoniously today. The 35.1 km road enables safe and comfortable travel for locals and Oyu Tolgoi employees. Oyu Tolgoi LLC fully funded the MNT46 billion project, which was recognized as the “Best Construction and Infrastructure Project 2018” by Umnugovi province. It is the latest of many projects…
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OYU TOLGOI RELEASES 2018 PERFORMANCE SCORECARD
22 January 2019 Oyu Tolgoi remains one of the safest mines in the world Total in-country spend reaches US$8.7 billion, US$322 million taxes paid; US$439 million in national procurement in 2018 Celebrated fifth anniversary of the first export shipment in July 2018 Workforce of 17,000 – including contractors and employees Exceeds 2018 full-year production guidance…
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The TTPP Power Source Framework Agreement signed
The Ministry of Energy and Oyu Tolgoi joint announcement Ulaanbaatar, 31 December, 2018: The Government of Mongolia and Oyu Tolgoi LLC have signed the Power Source Framework Agreement (PSFA) which sets out the pathway for Oyu Tolgoi (OT) to construct the Tavan Tolgoi Power Project (TTPP) and secures a long-term domestic power solution for OT…
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Khanbogd 840-child school and kindergarten complex, built and furnished with Oyu Tolgoi funding, is ready for use at Khanbogd soum
Umnugovi, Mongolia – Oyu Tolgoi backed Gobi Oyu Development Support Fund has commissioned and completed the Khanbogd secondary school No.2 with capacity to educate 640-student school and 200-child kindergarten today. The project was proposed by provincial Governor’s office when they identified capacity challenges in town’s school system. Students were studying in multiple shifts due to…
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OYU TOLGOI ANNOUNCES Q3’18 PERFORMANCE
Oyu Tolgoi crosses US$8bn in-country spend July marks 5th anniversary of the First shipment of copper concentrate from Oyu Tolgoi Continued commitment to our strong safety performance this quarter Second annual re-forecast on schedule and costs undertaken for underground project Oyu Tolgoi announced international and domestic scholarships for 2018 US$313 million spent on national procurement…
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Oyu Tolgoi: Past, present, future report
On behalf of the Oyu Tolgoi family, we have the pleasure of presenting to you ‘Oyu Tolgoi: Past, Present and Future’. This book was written recognising that Oyu Tolgoi is in many ways unique, not only for Mongolia – but for the global mining industry. This is a pioneering project, built on the foundation of…