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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.
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 ...
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 ...
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 ...
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 ...
Oyu Tolgoi is also expected to produce 330,000 ounces of gold annually. [ 7 ] [ 8 ] Rio Tinto intends to employ 3,000-4,000 people from Mongolia, [ 9 ] so a new airport was needed. Khanbumbat Airport is located 205 kilometers east-south-east of the regional capital of the Dalanzadgad, and 522 kilometers south of the national capital of Ulaanbaatar.
The Far North Zone of the Oyu Tolgoi copper-gold deposit in South Gobi, Mongolia was renamed the Hugo Dummett Deposit in 2003 by his last employer, Ivanhoe Mines. [6] The Oyu Tolgoi mining project is the largest financial undertaking in Mongolia's history, and is projected upon completion to account for more than 30% of the country's economy. [7]
The Nariin Sukhait or Ovoot Tolgoi mining complex (Mongolian: Нарийн Сухайт / Овоот Толгой) is located in the Gurvan tes sum (district) of Ömnögovi Province in Southern Mongolia. The site is 25 km SE from sum center and 56 km north of Shivee Khüren - Ceke crossing point on the Mongolian-Chinese border.