Oxfam Australia submission to EFIC on Mongolian Copper-Gold Mine project

(Oxfam Australia, Brisbane, 1 November 2012) As EFIC would be aware, the Oyu Tolgoi Copper-Gold mine located in southern Mongolia is a massive project. Oyu Tolgoi is reportedly the largest copper-gold deposit in Mongolia and is one of the world’s largest undeveloped copper-gold deposits. The scale of Oyu Tolgoi means that it’s many impacts – both positive and negative – will be acutely felt by both local communities and across Mongolia more generally. The project has been classified as a Category A project by the International Finance Corporation (IFC) and otherfinanciers.