– Mine development and environmental rehabilitation work continues simultaneously –
Ulaanbaatar, Mongolia – 'Mine Closure and Environmental Rehabilitation', the seventh theoretical and practical conference, will be held on 13-15 September. Host and sponsor, Oyu Tolgoi LLC, will share ‘best practice’ experiences at the conference organised by the General Agency for Specialised Inspection, German Geoscience and the Natural Resources Agency.
The aim of the conference is to discuss reform of the environmental protection laws. Participants will also review the results and outcomes of the new and innovative environmental protection and rehabilitation work done by Oyu Tolgoi. They will also be reviewing preliminary planning of the rehabilitation work to be conducted during the mine development. The conference delegates will visit the mine site to see actual rehabilitation work and share and exchange best practices and experiences. Over 300 delegates, representing regional and county inspectors of the General Agency for Specialised Inspection and environmental staff of the mining companies, will take part in the conference.
J.Oyusuvd, Principal advisor, Biodiversity Research at Oyu Tolgoi said, “Oyu Tolgoi is simultaneously planning and undertaking environmental rehabilitation work during the mine development phase. We will share our experiences and best practices with other mining companies and relevant professionals during this conference”.
About Oyu Tolgoi LLC (http://en.ot.mn/)
Oyu Tolgoi LLC is Mongolia's largest copper and gold mining company and is a strategic partnership between the Government of Mongolia (34 per cent stake), Turquoise Hill Resources (66 per cent) and Rio Tinto. Rio Tinto is the major shareholder in Turquoise Hill Resources and the manager of the Oyu Tolgoi project. In addition to dividends from its 34 per cent stake in Oyu Tolgoi, the Government of Mongolia will receive taxes and royalties.
Oyu Tolgoi, located in the Gobi desert in southern Mongolia, will be one of the largest and highest-grade copper and gold mines in the world. It is the largest project ever developed in Mongolia, requiring a capital investment for phase 1 of more than US$6 billion.
Oyu Tolgoi is committed to contributing to a sustainable future for Mongolia. At least 9 out of 10 employees will be Mongolian once the mine is in production and Oyu Tolgoi is investing US$58 million dollars (78 billion MNT) in training and education and an additional US$27 million dollars (36 billion MNT) in the Workforce Employment Project designed to help address the general skills shortage in Mongolia
Oyu Tolgoi's key priorities are the health and safety of employees, best-practice environmental management, contributing to sustainable communities and always doing business with integrity, for the benefit of all the project's shareholders and the people of Mongolia.
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