– This event will become a local tradition –
Ulaanbaatar, Mongolia – The Youth Forum of Khanbogd soum in Umnugobi aimag was held during August. The conference, organised by Oyu Tolgoi, covered issues including youth employment, entrepreneurship and animal husbandry. The impressive line up of presenters included the distinguished herdsman D.Khuuhen, Olympic champion E.Badar-Uugan and delegates from local government.
Participants in the conference visited the Oyu Tolgoi project site and its large construction developments. They also got their hands dirty and cleaned up the Ikh Bulag area of Khanbogd soum and irrigated the saplings and shrubs in the tree nursery.
Their experience wasn’t all work and no play, the Youth Forum delegates enjoyed plenty of entertainment and fun activities over the three day conference, including sporting events and singing competitions.
A result of the cooperation between the Regional Development and Social Performance Department of Oyu Tolgoi LLC, Shine Khanbogd NGO, the government of Khanbogd soum and the Green Club youth union of Oyu Tolgoi LLC; the Youth Forum of Khanbogd soum is set to become a local, biennial tradition.
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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