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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 ...
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 ...
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 site. [42] By the end of February 2012 construction of Oyu Tolgoi was 73% complete.
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 ...
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 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 ...
On 13 March 2023, the Prime Minister joined Rio Tinto CEO Jakob Stausholm 1.3 kilometres (0.81 mi) underground to celebrate the commencement of underground production at the Oyu Tolgoi copper mine in the Gobi Desert. [32] A partnership between Rio Tinto and Mongolia, the Oyu Tolgoi open pit and concentrator have been operating since 2011.