Mongolia is considering ending its cooperation with Rio ...

 · According to public data, among the proven minerals, s project is one of the largest and deposits in the world, with reserves of 31.1 million tons, reserves of 1328 tons and silver reserves of 7600 tons.

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  • Oyu Tolgoi mine -

    Oyu Tolgoi mine -

    The Oyu Tolgoi mine Mongolian: Оюу Толгой, also Oyu Tolgoi, Turquoise Hill is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres 146 mi east of the Ömnögovi Province capital Dalanzadgad. The site was discovered in 2001 and is being developed as a joint venture between Turquoise Hill Resources a majority owned subsidiary of Rio Tinto with 66% ownership and the Government of Mongoliawith 34%. The mine began construction as of 201…

  • Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi ...

    Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi ...

     · Rio Tinto looming talks with to decide ’s fate. The next three to six month will be crucial to the future of the vast - in , as the companies behind the operation engage in talks with the government.

  • Mongolia threatens to terminate Rio Tintos Oyu Tolgoi ...

    Mongolia threatens to terminate Rio Tintos Oyu Tolgoi ...

     · Rios exposure to comes through its 50.79 per cent stake in Turquoise Hill Resources, which in turn owns 66 per cent of the Mongolian company that owns the , …

  • Deputy Chief Cabinet Secretary: "Economic benefits of Oyu ...

    Deputy Chief Cabinet Secretary: "Economic benefits of Oyu ...

    Solongoo Bayarsaikhan, Deputy Chief at Cabinet Secretariat yesterday, January 13, gave information on the official position of the Mongolian government on the situation surrounding the and project. In December 2019, the working group was set up to hold talks with ...

  • Turquoise Hill considers gold streaming, debt funding for ...

    Turquoise Hill considers gold streaming, debt funding for ...

     · Turquoise Hill Resources NYSE:TRQ says it is reviewing funding options for its and project in , including a streaming deal, a …

  • Rio Tinto signs power supply deal for Mongolian copper mine

    Rio Tinto signs power supply deal for Mongolian copper mine

    Rio Tinto signs power supply deal for Mongolian . Turquoise Hill Resources Ltd. [TRQ-TSX], a 51%-owned affiliate of Rio Tinto Plc [RIO-NYSE] Group, said Monday December 31 that it has signed a power source framework agreement PSFA that covers the supply of power to the giant extension in . The is located in the Gobi Desert, close to the border ...

  • Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi

    Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi

     · The Government of may cancel and replace the development and financial plan for the country’s vast - , Turquoise Hill Resources TSX: TRQ NYSE: TRQ said today. The company, which is controlled by Rio Tinto NYSE: RIO LSE: RIO ASX: RIO, said Mongolian authorities are dissatisfied with its plans and are particularly concerned about the costs of the ...

  • The ASIA Miner - Made in Mongolia

    The ASIA Miner - Made in Mongolia

     · . is one of the world’s largest new - mines and is located in the South Gobi region of , approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the -China border. has the potential to operate for approximately 100 years from five known mineralized deposits.

  • Oyu Tolgoi Project, in South Gobi Desert, Mongolia

    Oyu Tolgoi Project, in South Gobi Desert, Mongolia

    The project located in the South Gobi desert of ranks among the world’s largest - mines. LLC is the project developer, in which Turquoise Hill Resources holds 66% stake. Erdenes , a wholly-owned enterprise of the Government of , holds the remaining 34% stake.

  • Mongolia May Pull the Plug on Oyu Tolgoi Plan | E & MJ

    Mongolia May Pull the Plug on Oyu Tolgoi Plan | E & MJ

     · May Pull the Plug on Plan. January 14, 2021 | Breaking News. Costs for the Oyu Tologi underground project stand at $6.75 billion, higher than its original estimate of $5.3 billion. Photo: Oyu Tolgoi The issues for the continue to pile up. Turquoise Hill Resources, operator of the and subsidiary of Rio Tinto, said the government of …

  • Partnership Brings Oyu Tolgoi Copper and Gold Mining ...

    Partnership Brings Oyu Tolgoi Copper and Gold Mining ...

    Partnership Brings and Gold Mining Complex to Life Some 550 kilometers south of Ulaanbaatar, Mongolia, you’ll find Major Drilling teams readying dozens of equipped with magnetic trackers. The trackers are lowered from a winch system through a specially-drilled borehole into the vast Oyu Tolgoi ore body below.

  • Stakes high for Rio Tinto, Mongolia as Oyu Tolgoi talks ...

    Stakes high for Rio Tinto, Mongolia as Oyu Tolgoi talks ...

     · The next three to six months will be crucial to the future of the vast - in , as the companies behind the operation engage in talks to …

  • Rio Tinto updates Oyu Tolgoi production deadline ...

    Rio Tinto updates Oyu Tolgoi production deadline ...

     · Rio Tinto expects to commence underground production at the - project in by October 2022. will be mined in panel sections, including Panel 0, …

  • Oyu Tolgoi operations go from strength to ... - im-mining.com

    Oyu Tolgoi operations go from strength to ... - im-mining.com

    7 hours ago · Despite the current issues regarding the - and project between the Mongolian Government and Rio Tinto, which manages the operation, the continues to run very successfully both in terms of current open pit production and the ongoing underground project expansion, despite COVID-19 challenges.

  • Mongolia: The Oyu Tolgoi Copper & Gold Mine Project

    Mongolia: The Oyu Tolgoi Copper & Gold Mine Project

    The Project Comments on Chapter D1 of the ESIA: “Environmental and Social Management Plan Framework” 32 pages, dated 31st July 2012 Prepared by Robert Goodland October 2012 1. The ESIA is about one decade overdue …

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