Posts Tagged ‘OT’

  • Fire in Oyu Tolgoi sag mill

    Fire in Oyu Tolgoi sag mill

    Dec 3, 14 • 5670 Views • Construction, Featured, Mining, NewsNo Comments

      Fire was reported through one of the OT’s workers at 6 pm local time on 3rd of December. The picture was taken from the staff’s facebook account and was reported on local news website. The OT LLC said that fire is under control and it...

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  • Rio Tinto to cut up to 300 jobs at Oyu Tolgoi

    Rio Tinto to cut up to 300 jobs at Oyu Tolgoi

    May 30, 14 • 7260 Views • Economy, Featured, News1 Comment

    May 28 (Reuters) – Rio Tinto Ltd plans to cut around 300 jobs at the Oyu Tolgoi copper and gold mine in Mongolia it operates to cut costs as copper prices remain weak, the global miner told staff on Wednesday. The cuts amount to just under 5 percent of...

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  • Mongolian Mining Minister to Meet the Australian Minister

    Mongolian Mining Minister to Meet the Australian Minister

    May 6, 13 • 5469 Views • Mining, News, State Affairs1 Comment

    Mining Minister and MP Mr. Gankhuyag D. is set to meet the Australian Resources and Energy Minister Mr. Gary Gary this month. The two ministries established a working group on each side to exchange experiences and level up the cooperation. There are many...

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  • MPP Candidate for President

    MPP Candidate for President

    May 6, 13 • 1686 Views • News, PoliticsNo Comments

    Last week, Mongolian People’s Party has elected its candidate for the upcoming presidential election.  Chief of MPP Mr. Enktuvshin and MP Mr. Bat-Erdene had a close number of votes twice when the MPP members voted for the candidate electing Mr....

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  • OT project future looks grim

    OT project future looks grim

    Sep 7, 12 • 1237 Views • Companies, Mining, News, Politics1 Comment

    Share price of Oyu Tolgoi project, the biggest and most eagerly awaited contributor to the state budget of Mongolia, is really going to slump regardless of its gain in the past few days? Business-Mongolia.com is sharing it view with our readers as follows....

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  • Inquiry on OT submitted to the Prime Minister

    Nov 16, 10 • 695 Views • Mining, PoliticsNo Comments

    MP S.Erdene, D.Gankhuyag and G.Bayarsaikhan submitted an inquiry about OT agreement to the Prime Minister. The inquiry concerns the implementation status of OT agreement, possibilities of amending the agreement with a view of increasing Mongolia’s share of...

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  • Mongolia on the brink

    Aug 6, 09 • 770 Views • Government1 Comment

    Government disputes with foreign companies stymie exploitation of rich natural resources. Mongolia is on the verge of plunging itself into prolonged economic gloom, and its predicament offers telling lessons for external observers about the dangers that arise...

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  • D.Demberel will make his decision

    Aug 3, 09 • 493 Views • MiningNo Comments

    Speaker D.Demberel returns to the capital after working in his province. He had presented the works of the SGK to the locals and had implemented many works and projects in many sums of the Khovd province. The return of the speaker will influence many...

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  • Oyu Tolgoi discussion resumes

    Jul 28, 09 • 694 Views • Mining13 Comments

    IA of Oyu Tolgoi was discussed yesterday between the Government, IVN and Rio Tinto. They have sat at the table for the 4th time. Sam Regal, leader of the working group of the investors had met with D.Zorigt, leader of working group of the Government and...

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  • Interview of newly elected Mongolian President Ts.Elbegdorj

    Jun 22, 09 • 965 Views • Government, Interview1 Comment

    Interview with Stephen Engle from Bloomberg, Ulaanbaatar Mongolian President Tsakhiagiin Elbegdorj wants to change a proposed gold and copper mining deal with Rio Tinto Group and Ivanhoe Mines Ltd. to give the government cash instead of an equity stake....

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