mongolia mining issues september 2012 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
MONGOLIA MINING ISSUES SEPTEMBER 2012 PowerPoint Presentation
Download Presentation
MONGOLIA MINING ISSUES SEPTEMBER 2012

Loading in 2 Seconds...

play fullscreen
1 / 9

MONGOLIA MINING ISSUES SEPTEMBER 2012 - PowerPoint PPT Presentation


  • 116 Views
  • Uploaded on

MONGOLIA MINING ISSUES SEPTEMBER 2012. OYU TOLGOI COPPER\GOLD & SILVER DEPOSIT. Location – Gobi Desert, South Gobi province, 100 km from border with China Owned - 66% Rio Tinto\Ivanhoe Mines; 34% Mongolia Investment requirement - total $13.2 bln

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'MONGOLIA MINING ISSUES SEPTEMBER 2012' - keon


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
oyu tolgoi copper gold silver deposit
OYU TOLGOI COPPER\GOLD & SILVER DEPOSIT
  • Location – Gobi Desert, South Gobi province,

100 km from border with China

  • Owned - 66% Rio Tinto\Ivanhoe Mines;

34% Mongolia

  • Investment requirement - total $13.2 bln
  • Current project $4.0 bln – $900 mln cut by roads and diversion at OT pit and international airport – no EIA, no local approval
  • Project disclosed by IFC on August 24, 2012
  • Disclosure date by EBRD is September 5,2012
  • Closure of ESIA consultations – ???
  • Board date – NOVEMBER 8, 2012
oyu tolgoi esia
OYU TOLGOI ESIA
  • ESIA -evaluating impact of construction phase

OT project construction 94% complete

  • ESIA –not evaluation but a report based on pre 2009 EIAs
  • No stakeholder consultation & approval process
  • Recent updates not all incorporated
  • ESIA report not accessible to affected communities
tavan tolgoi ukhaa hudag mine energy resource
TAVAN TOLGOI: UKHAA HUDAG MINEENERGY RESOURCE
  • Name of the project: UkhaaHudag/Tavan Tolgoi
  • Coal reserves: TT contains estimated 6.5 billion tons of which UH - 4%
  • Location – Gobi Desert: 160 km from OyuTolgoi; 245km from China border
  • Coal washing plant: 5 mtpa capacity plant funded by EBRD
  • Power plant – 18 MWT
  • Private airport
  • Private blacktop road to border
  • Private railroad toborder under construction
other mines
OTHER MINES
  • TsagaanSuvraga – MAK cooper deposit – EBRD funded at $300 mln
  • TavanTolgoi – Erdenes MGL – big interest
  • TavanTolgoi – Ajnai Corporation
  • TsagaanTolgoi – IvanhoeMines/Rio Tinto subsidiary
  • OvootTolgoi - IvanhoeMines/Rio Tinto subsidiary
common issues
COMMON ISSUES
  • Funded or actively considered for funding by WB/IFC and EBRD
  • Lack of water resources for life of project – 870 l/s
  • Lack of international standards EIA/SIA
  • Lack of FPIC by local communities on extraction operations or infrastructure projects
  • No recognition of “indigenous peoples” rights of nomadic herders
  • Common areas of impact on the environment and communities
  • Lack of HIA on local communities
issues with the ifc esia
ISSUES WITH THE IFC ESIA
  • ESIA –evaluation of the construction phase impact assessment 2009 reports dressed to meet IFC standards
  • ESIA – no evaluation of impact from the extraction process;
  • Consultation process – no consultation for approval of local communities; no stakeholder discussions;
  • Disclosure date – closure dates
slide8

IMPACTS CAUSING SOCIAL TENSION

Severe water scarcity & its degrading quality

Loss of pasture as livelihood means for nomadic pastoralists

Depletion of herder wells

Loss of agriculture land - 40% workforce

Loss of nomadic lifestyle & cultural traditions

Contamination of living environment for human and wildlife populations

Desertification: soil and pasture degradation

questions concerns
QUESTIONS & CONCERNS
  • Do WB/IFC and EBRD policies allow loans for extraction operations without an ESIA for its mining impact?
  • $4.0 bln loan to projects that do not have proven and available water resources?
  • Why nomadic herders of Mongolia are not recognized as indigenous people by EBRD and IFC?
  • Cumulative and aggregate impact on water, climate change , bank portfolio?