Oyu Tolgoi LLC, the developer of the massive Mongolian Oyu Tolgoi gold and copper project, is assisting police in investigating the circumstances surrounding the death of a male employee on site Saturday, the company said.

The employee was a contractor working on site but the name and job title weren't released, a company spokesman said. The man's body was found in a waste area close to the kitchen, the company said.

"A medical team was quickly dispatched but sadly there was nothing that could be done," the company said.

Oyu Tolgoi is 66%-owned by Canada-based Ivanhoe Mines Ltd (IVN.T) and 34%-owned by the Mongolian government. Anglo Australian miner Rio Tinto PLC (RIO) owns a 49% stake in Ivanhoe and is the project operator.

-By Alex MacDonald, Dow Jones Newswires; +44 (0)20 7842 9328; alex.macdonald@dowjones.com

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