Specialists from Oyu Tolgoi’s HR and Training departments deliver special report to journalists –
Ulaanbaatar, Mongolia – Construction of the world-class Oyu Tolgoi mine in Mongolia has reached 87 per cent completion as of 31 May 2012 and company specialists held a press conference addressing workforce and employment issues at the project that is expected to begin operations and produce ore next fall.
Oyu Tolgoi updated the journalists with information on human resource policies, current workforce numbers as well as trainings and emerging programmes. In particular, the specialists stated that 9,621 Mongolians are employed at the project as of 31 May 2012 and that the company plans to create 1,600 more jobs later this year. Also, detailed information on vacancy announcements and selection procedures were provided.
The largest training programme in Mongolia’s history has been financed by Oyu Tolgoi LLC with an investment of 110 billion MNT. This investment covers human resource development, education and knowledge and skill development activities including the involvement of 3,300 youth participants in the VET programmes nationwide and the training of 1,200 teachers for the VET centres.
Journalists at the conference had questions such as how the local residents are being employed, the main criteria for recruitment and how social issues are solved for Oyu Tolgoi employees.
“Our company recruited 670 specialists in the administration, finance, mine engineering, geology and technical services field this year alone. We provide all applicants with an equal opportunity and select them on a principle of transparency and fairness,” said J. Erdenebileg, HR Superintendent at Oyu Tolgoi.
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), 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 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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