MAXAM
MAXAM signs an agreement with Oyu Tolgoi to implement Educational, Social and Community Programs in Mongolia
2011.10.24
Press room - News - 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.
MAXAM Explosives LLC has been operating in Mongolia since 2006 and is committed to the development of its local content Policy by incorporating it into its business as part of its contribution to the sustainable development of Mongolia. Its Educational, Social and Community Programs, starting from September 2011, are planned to run for ten year duration until 2021.MAXAM’s educational program
It aims to achieve the company’s mission and performance goals and overall efficiency and effectiveness of their service through continually enhancing the skill of their labor force by providing the best training possible. This program began over ten years ago, and currently nearly one hundred of these participants belong to MAXAM’s team of International experts.
The Educational program plans three seminars per year, two of which will be related to MAXAM’S field of work and the other will be given to the relevant authorities in the Mongolian government to give them an insight on the last developments in the explosive industry worldwide.
Within the scope of this program, MAXAM will put into action an educational exchange between universities in Mongolia and the Politécnica de Madrid in Spain. Two of MAXAM’s employees from Mongolia will go to Civil Explosives University in Madrid to ensure they have acquired the adequate training and skills.
Every summer, MAXAM, with the approval of Oyu Tolgoi, will hire two engineering students under MAXAM’s work experience program. MAXAM Mongolia is also planning to implement MAXAM Corporate Mobility program in which one employee who has been with MAXAM for 3 years will have the opportunity to have a six month work exchange at one of MAXAM’s overseas subsidiaries.
MAXAM’s social program
This program pursues its objective through two major programs- supporting charity and education to help ensure communities meet their social needs.
MAXAM’s scholarship program is now in progress to support the students majoring in Mining related fields. As a result, three students will receive Maxam scholarship for the academic year of 2011-2012.
MAXAM has also started working with the Mongolian Women’s Fund, New Choice and Alpha Communities in the effort to contribute to a sustainable development of the Mongolian women and to help vulnerable children from unprivileged families.
According to the National Trauma Orthopaedic Research Center, household related injuries among children and adolescents aged between 0-19 account for 21713 emergency department visits in 2010. This is 30.5% of total number of household accidents registered at the center in the same year. In effort to reduce this number and cultivate safety culture from early age MAXAM has initiated safety classes among school children starting this year. It will be in practice at South Gobi province and Bagakhangai district schools.
MAXAM’s community program
This program is aiming to improve the quality of life of the urban poor through a closer participation of the community as MAXAM reasonably believes it is necessary and desirable. There will be a demand and needs study which will be conducted among street residents of Bagakhangai, where MAXAM has its magazines, to build MAXAM-OT model Street with a playground, grassing and flowerbeds. The project will be implemented in April-May 2012.
Within the scope of this project MAXAM will organize short-term vocational training courses in South Gobi Region from March 2012 to help unemployed, unqualified adults and school dropouts to acquire practical skills and tools thus help increase employment/self employment in the area.
Global results
MAXAM believes these programs will benefit local communities with:
- Work related training for employees
- Increasing the number of future national mining experts
- Increasing the number of employment
- Higher income thus improved quality of life
- Infrastructure development
About Oyu Tolgoi
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 of more than US$5 billion.
Oyu Tolgoi is committed to contributing to a sustainable future for Mongolia. At least 90 per cent of the workforce will be Mongolian once the mine is in production and Oyu Tolgoi is investing US$58 million in training and education and an additional US$27 million (36 billion tugrugs) 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.
For more information on Oyu Tolgoi visit www.ot.mn
MAXAM
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, quarries and infrastructures; cartridges, sports ammunition and hunting gunpowder for sports use; and products for the defense industry. Likewise, MAXAM is supplier of key raw materials for the nitro chemical activity, for own internal needs, as 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 is a service and industrial group that operates on a global scale, by developing,manufacturing and commercializing civil explosives and initiation systems for mining, quarries and infrastructures; cartridges, has a turnover of approximately 1000 M€ and are present in the main mining areas of the world, with manufacturing sites in over 40 countries and sales in 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 safety and the most complete technical advice, contributing with all this to 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 committedcompany, engaged with the progress and development of the society and the environment that surrounds us.
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