OyuTolgoi signs underground development contract with Dayan Contract Mining
OyuTolgoi signs a major contract for underground development with Dayan Contract Mining.
OyuTolgoi signs a major contract for underground development with Dayan Contract Mining. Oyu Tolgoi has reportedly announced the signing of an underground mining and support services contract with Dayan Contract Mining, a joint venture between Hasu Megawatt and Redpath. According to Oyu Tolgoi chief development officer for underground, Marco Pires, the present contract demonstrates the company’s commitment to further strengthening national supply chain and skilled workforce. Dayan brings together the strength of a Mongolian company with international expertise in underground development, and will bring long term benefits by creating world class expertise and capability in Mongolia, underlines Mr. Marco.The Underground Mining and Support Services contract entails the sinking of Shaft 2 and Shaft 5 at OyuTolgoi. The two separate vertical shafts will reach a total depth of 1,284m and 1,178m respectively. Shaft 2 with 10m diameter is among the largest of its kind in the world. The contract also includes Underground Development Services, which will cover lateral development, large excavations and mine services of the underground mine; and Mining Support Services, which will cover development and provision of a skilled Mongolian workforce for the underground project.
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