Company Joins Leading Global Mining Organization inuse of the Management Systems
Oyu Tolgoi company, the largest gold and copper mine in Mongolia, has successfully introduced consolidated health, safety, environmental management systems.
This “Business Solution” consolidates health, safety and environmental issues on a global level from mining leader Rio Tinto, and by using this tool, the lessons and insights gathered can begin to be used in the Mongolian mining sector.
Based on SAP, the leading software program developed by German engineers, the system offers mining companies a comprehensive solution in areas such as the timely reporting of accidents, conflicts and issues related to safety, health and environment. It also encourages prevention by allowing for monitoring and diagnosis of accidents and issues.
“One good example of Oyu Tolgoi working to bring international best practices in mining to Mongolia is the introduction of this consolidated health, safety, environmental management system,” said Cameron McRae – President and CEO of Oyu Tolgoi LLC. “I’m very confident that the introduction of this management system will bring progress to safety systems in the sector in Mongolia.”
McRae continued: “The development of responsible mining and ensuring the safety of all workers are key objectives for Rio Tinto. The introduction of this consolidated management system, designed to continously improve health and safety management, will contribute significantly to meeting these objectives.”
Oyu Tolgoi is planning to introduce international safety, health and environmental management standard ISO 14001:2004 and other standards in 2012.
About Oyu Tolgoi LLC (www.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), Ivanhoe Mines (66 per cent) and Rio Tinto. Rio Tinto is the major shareholder in Ivanhoe Mines 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 tugriks) in training and education and an additional US$27 million dollars (36 billion tugriks) 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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