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The Oyu Tolgoi mine, also Oyuutolgoi (Mongolian: Оюутолгой, pronounced [ɔˌjʊˑtʰɔɮˈɢœˑ]; lit. "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.
Mongolian Prime Minister Oyun-Erdene Luvsannamsrai speaks during a ceremony marking the production commencement of the underground portion of the Oyu Tolgoi copper-gold mine, jointly owned by Rio ...
VANCOUVER, British Columbia, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) is pleased to announce first Oyu Tolgoi Lift 1 Panel 1 underground development work on the Entrée/Oyu Tolgoi joint venture property has commenced. The work is included in the 2024 Oyu Tolgoi Mine ...
Then look no further than Rio Tinto's struggles with the Oyu Tolgoi mine and expansion project in Mongolia. Rio Tinto, through its Turquoise Hill Resources subsidiary, owns 66% of the Oyu Tolgoi ...
In September 2010 Oyu Tolgoi reserves were placed at 81.3 billion pounds for copper and 46.4 million ounces for gold. [41] Construction of the Oyu Tolgoi mine was 15% complete at the end of March 2011, ahead of schedule which calls for first production in 2013 and full production in 2018. [19] [23] In 2011 14,000 people will be working at the ...
The Oyu Tolgoi mine, Mongolia's biggest foreign investment project, has already been subject to delays and ballooning costs, leaving Mongolian lawmakers impatient for income, while Rio Tinto says ...
The deposit is in the Gobi Desert in an area known as Oyu Tolgoi (Mongolian for Turquoise Hill), [5] where in the time of Genghis Khan outcropping rocks were smelted for copper. [6] By 2003 there were 18 exploration drill rigs on the property employing approximately 200 people, and Oyu Tolgoi was the "biggest mining exploration project in the ...
The deposit is in the Gobi Desert in an area known as Oyu Tolgoi (Mongolian for Turquoise Hill), [10] where in the time of Genghis Khan outcropping rocks were smelted for copper. [11] By 2003 there were 18 exploration drill rigs on the property employing approximately 200 people, and Oyu Tolgoi was the "biggest mining exploration project in the ...