BOARD DISCUSSING OT NEXT YEAR ACTION PLANS

Ulaanbaatar /MONTSAME/ The Oyu Tolgoi (OT) managing board meeting started on Wednesday in Ulaanbaatar. The agenda of the meeting is expected to include this year’s report and next year’s action plans of the OT, one of the world’s largest mines located in the South Gobi region of the country. As supposed, the results of the meeting will be announced to the public on Thursday. Preceding this meeting, a subsidiary meeting of the OT subcommittees of financing, auditing, procurement, and human resources had run. By the way, Turquoise Hill Resources, who has a 66-percent interest in Oyu Tolgoi and a 58 percent interest in established Mongolian coal miner Southgobi Resources, has announced its plan to produce copper concentrate of 150-175 thousand tons, and gold of 700-750 thousand ounces in 2014.