MAXAM
MAXAM and Oyu Tolgoi celebrate one million tons of rock moved in one blast
2011.12.09
Press room - News - MAXAM and Oyu Tolgoi celebrate one million tons of rock moved in one blast
The milestone was achieved last December 3rd. The first blast was completed on September 17th 2011, since then, more than 8 million tons have been moved.
MAXAM is a supplier of products and blasting services for the large open-pit and underground Oyu Tolgoi mining operation in Mongolia.
Oyu Tolgoi, the gold and copper mine under development in the South Gobi Desert, has just celebrated moving one million tonnes of earth in a blast as part of its development of the South Gobi Site. The achievement was possible thanks to MAXAM, which was formed in Mongolia in 2006.
MAXAM’s product, RIOFLEX watergel explosive, is manufactured at a plant on-site meeting demanding blasting and safety requirements while assuring security of supply.
Andrew Forster, MAXAM Mongolia General Manager, said: “It’s an honour for MAXAM to have a relationship with Oyu Tolgoi. MAXAM has expanded its reputation among the community and businesses in Mongolia thanks to its cooperation with Oyu Tolgoi – a company that is well known for its social responsibility and a high standard of business conduct”.
Cameron McRae, CEO of Oyu Tolgoi, thanked MAXAM for their support. “MAXAM has been a fantastic supplier for us and I know that they do a lot of great work in the community – particularly with the Mongolian Women’s Fund, New Choice and Alpha Communities helping Mongolian women and children”, he said.
MAXAM and Oyu Tolgoi: Educational, Social and Community Programs in Mongolia
As part of the agreement to provide products and services to Oyu Tolgoi, MAXAM Mongolia commited to implement a series of Educational, Social and Community Programs, started in September 2011 and planned to run until 2021.
MAXAM is committed to the development of its local content Policy by incorporating these programs into its business as part of its contribution to the sustainable development of Mongolia.
These programs will benefit local communities with: work related training for employees; increasing employment and the number of future national mining experts; providing infrastructure development and higher income thus an improved quality of life.
One of this is an exchange program between universities in Mongolia and the Politecnica de Madrid in Spain. Rio Tinto, the global miner that runs Oyu Tolgoi, is also deeply involved in supporting educational initiatives, and Oyu Tolgoi has established a graduate scholarship programme for 120 students at Mongolian universities and for 30 Mongolian students at international universities. “Oyu Tolgoi shares Maxam’s view that social responsibility must be at the centre of every corporate philosophy”, Cameron McRae, CEO of Oyu Tolgoi.
About Oyu Tolgoi (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, Ivanhoe Mines 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 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$85 million dollars (110 billion tugriks) in training.
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.
About MAXAM (www.maxam.net)
MAXAM is a service and industrial group that operates on a global scale, by developing, manufacturing and commercializing civil explosives and initiation systems for mining, quarrying and construction; sports ammunition and hunting gunpowder for sports use; and products for the defense industry. Likewise, they are suppliers of key raw materials for the nitro chemical activity, for MAXAM’s own internal needs, and for the commercialization to third parties. Finally, MAXAM offers their clients a series of solutions in the field of safety and environment. This is a result of their technological development in these areas.
MAXAM has a turnover of approximately 1000 M€ and is present in the main mining areas of the world, with manufacturing sites in over 40 countries and sales on over 100 in the five continents – and with over a total of 6000 employees.
MAXAM’s complete offer to companies and markets where it operates, integrates high tech products of superior quality and security and the most complete technical advice, contributing to all this is the continuous improvement of the services given to their clients. Their vast international presence and respect for the environment, their endless efforts in research and patronage work, make off MAXAM an active and committed company, engaged with the progress and development of the society and the environment that surrounds us.
Oyu Tolgoi, the gold and copper mine under development in the South Gobi Desert, has just celebrated moving one million tonnes of earth in a blast as part of its development of the South Gobi Site. The achievement was possible thanks to MAXAM, which was formed in Mongolia in 2006.
MAXAM’s product, RIOFLEX watergel explosive, is manufactured at a plant on-site meeting demanding blasting and safety requirements while assuring security of supply.
Andrew Forster, MAXAM Mongolia General Manager, said: “It’s an honour for MAXAM to have a relationship with Oyu Tolgoi. MAXAM has expanded its reputation among the community and businesses in Mongolia thanks to its cooperation with Oyu Tolgoi – a company that is well known for its social responsibility and a high standard of business conduct”.
Cameron McRae, CEO of Oyu Tolgoi, thanked MAXAM for their support. “MAXAM has been a fantastic supplier for us and I know that they do a lot of great work in the community – particularly with the Mongolian Women’s Fund, New Choice and Alpha Communities helping Mongolian women and children”, he said.
MAXAM and Oyu Tolgoi: Educational, Social and Community Programs in Mongolia
As part of the agreement to provide products and services to Oyu Tolgoi, MAXAM Mongolia commited to implement a series of Educational, Social and Community Programs, started in September 2011 and planned to run until 2021.
MAXAM is committed to the development of its local content Policy by incorporating these programs into its business as part of its contribution to the sustainable development of Mongolia.
These programs will benefit local communities with: work related training for employees; increasing employment and the number of future national mining experts; providing infrastructure development and higher income thus an improved quality of life.
One of this is an exchange program between universities in Mongolia and the Politecnica de Madrid in Spain. Rio Tinto, the global miner that runs Oyu Tolgoi, is also deeply involved in supporting educational initiatives, and Oyu Tolgoi has established a graduate scholarship programme for 120 students at Mongolian universities and for 30 Mongolian students at international universities. “Oyu Tolgoi shares Maxam’s view that social responsibility must be at the centre of every corporate philosophy”, Cameron McRae, CEO of Oyu Tolgoi.
About Oyu Tolgoi (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, Ivanhoe Mines 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 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$85 million dollars (110 billion tugriks) in training.
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.
About MAXAM (www.maxam.net)
MAXAM is a service and industrial group that operates on a global scale, by developing, manufacturing and commercializing civil explosives and initiation systems for mining, quarrying and construction; sports ammunition and hunting gunpowder for sports use; and products for the defense industry. Likewise, they are suppliers of key raw materials for the nitro chemical activity, for MAXAM’s own internal needs, and for the commercialization to third parties. Finally, MAXAM offers their clients a series of solutions in the field of safety and environment. This is a result of their technological development in these areas.
MAXAM has a turnover of approximately 1000 M€ and is present in the main mining areas of the world, with manufacturing sites in over 40 countries and sales on over 100 in the five continents – and with over a total of 6000 employees.
MAXAM’s complete offer to companies and markets where it operates, integrates high tech products of superior quality and security and the most complete technical advice, contributing to all this is the continuous improvement of the services given to their clients. Their vast international presence and respect for the environment, their endless efforts in research and patronage work, make off MAXAM an active and committed company, engaged with the progress and development of the society and the environment that surrounds us.
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2011.10.24
MAXAM signs an agreement with Oyu Tolgoi to implement Educational, Social and Community Programs in Mongolia These programs are part of the agreement already signed by both companies for the supply of blasting products and services in Oyu Tolgoi.
2011.10.18
MAXAM´s first blast in Rio Tinto´s Oyu Tolgoi Mine (Mongolia). The first blast was successfully conducted on the 17th of September 2011.
