Rio Tinto to raise $500 million to develop Mongolia mine

Oyu Tolgoi is Rio's biggest copper growth project, but has faced geological challenges. The company had earlier forecast estimated first production from the mine between October 2022 and June ...

US regulator examines Rio Tinto whistleblower claims over Oyu Tolgoi …

Rio was informed of problems at Oyu Tolgoi by a contractor early in 2019. Internal reports issued to Rio by Jacobs Engineering Group — and seen by the Financial Times — show how a series of ...

Oyu Tolgoi communities

Between 2010 and 2021, Oyu Tolgoi spent $13.4 billion in-country in the form of salaries, payments to Mongolian suppliers, taxes, donations and other payments to the …

Rio Tinto's $6.7bn Oyu Tolgoi expansion to begin in 2022

Once completed, Oyu Tolgoi will churn out 480,000 tonnes of copper a year from 2028 to 2036. Oyu Tolgoi is Rio Tinto's biggest copper growth project. ( Image …

Major Mines & Projects | Oyu Tolgoi Mine

Summary: The mineral deposits at Oyu Tolgoi lie in a structural corridor where mineralization has been discovered over a 26 km strike length. Four deposits …

Turquoise Hill Files 2014 Oyu Tolgoi Technical Report

Prepared by OreWin Pty Ltd, the 2014 Oyu Tolgoi Technical Report (2014 OTTR), updates the Oyu Tolgoi Technical Report dated March 25, 2013 (2013 OTTR). On September 22, 2014, Turquoise Hill ...

Rio Tinto willing to cut rates on loans for Oyu Tolgoi expansion

The Oyu Tolgoi mine holds one of the largest copper and gold deposits in the world. Due to its significance to the global copper industry, Oyu Tolgoi is being developed with a distinctly long-term view. At peak production, Oyu Tolgoi is expected to produce 480,000 tonnes of copper per year on average, from 2028 to 2036, from the …

Our Company

Oyu Tolgoi LLC is a Mongolian company, jointly owned by Erdenes Oyu Tolgoi LLC on behalf of the Government of Mongolia (34 per cent) and Rio Tinto (66 per cent). Rio Tinto …

Around the Oyu Tolgoi underground mining project – …

Rio Tinto, Oyu Tolgoi's management company, said on Wednesday (December 16, 2020) that Mongolia's Oyu Tolgoi copper and underground gold mine is expected to begin production in October 2022, with a project cost of $ 6.75 billion.

Turquoise Hill

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

Oyu Tolgoi

1 The 500ktpa target (stated as recovered metal) for the Oyu Tolgoi underground and open pit mines is underpinned 17 per cent by Proved Ore Reserves and 83 per cent by Probable Ore Reserves for the years 2028-2036. These production targets have been scheduled from current mine designs by Competent Persons in accordance with the requirements of the …

Rio Tinto's $6.7bn Oyu Tolgoi expansion to begin in 2022

Once completed, Oyu Tolgoi will churn out 480,000 tonnes of copper a year from 2028 to 2036. Oyu Tolgoi is Rio Tinto's biggest copper growth project. ( Image courtesy of Rio Tinto.

Rio Tinto's $8b Mongolia mine expansion plan under threat

The Oyu Tolgoi deposit in Mongolia's Gobi Desert is one of the world's largest-known copper and gold deposits. The Mongolian government holds a 34 per cent stake in Oyu Tolgoi and Rio Tinto's ...

U.S. SEC to examine Rio Tinto whistleblower claims over Oyu Tolgoi …

The U.S. Securities and Exchange Commission is examining claims from a whistleblower that Rio Tinto was aware of problems at its underground copper mine extension project of Oyu Tolgoi in Mongolia ...

About Us

Oyu Tolgoi is a copper-gold mine in the Umnugovi aimag of Mongolia, approximately 550 kilometres south of the capital Ulaanbaatar. It holds one of the largest high …

Concentrator

The Oyu Tolgoi concentrator is the biggest industrial unit ever built in Mongolia. It contains enough steel to construct the Eiffel Tower three times and took more than 15.7 million individual work hours to build. The concentrator covers an area 255 metres long and 144 …

Major Mines & Projects | Oyu Tolgoi Mine

The Lift 1 comprises three panels (Panel 0, Panel 1, and Panel 2). The initial investment decision to construct Phase 1 of Oyu Tolgoi was made in 2010. Mining of the Oyut deposit started in 2012 using open pit mining methods. The Oyut open pit mine currently has an ore production rate of about 40 Mtpa. Part of the initial investment decision to ...

Oyu Tolgoi Gold and Copper Project, Mongolia

Oyu Tolgoi's location within Mongolia. The Oyu Tolgoi gold and copper project, also known as Turquoise Hill, is situated in the south Gobi region of Mongolia, around 80km north of the Chinese-Mongolian border and 550km south of Ulaanbaatar. It is one of the biggest gold and copper mines in the world and has the potential to produce …

Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi's future

Oyu Tolgoi is Rio Tinto's main copper growth project. Once completed, the mine's underground section will lift production from 125,000–150,000 tonnes in 2019 to …

Review casts doubt over Rio Tinto explanation of Oyu Tolgoi …

When the Anglo-Australian company revealed in July 2019 the underground development of the Oyu Tolgoi mine was running almost two years behind schedule and $1.45bn over budget it blamed weaker ...

Rio Tinto starts underground production at Oyu Tolgoi

The Oyu Tolgoi project is now producing ore from 1.3 kilometers below the surface of the Gobi Desert, Rio's chief executive officer Jakob Stausholm told reporters gathered at the site. Rio Tinto ...

Rio Tinto and Mongolia settle feud over Oyu Tolgoi copper …

Jan 25 (Reuters) - Rio Tinto Plc, and the Mongolian government said on Tuesday they have reached an agreement to end a long-running dispute over the $6.93 …

The story of the discovery of Oyu Tolgoi | Mongolia Focus

Introduction. "Friedland came out his helicopter. He had a red jumper and running shoes on. He kissed the land and run straight to the Oyu Tolgoi discovery site.". A local elder told me this story. The date is not clear but he surely referred to the early 2000s when there was exploding excitement around the discovery of the Oyu Tolgoi deposit.

Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi's future

Oyu Tolgoi is Rio Tinto's main copper growth project. Once completed, the mine's underground section will lift production from 125,000–150,000 tonnes in 2019 to 560,000 tonnes at peak output ...

"Оюу толгой" ХХК

Оюу Толгой бол Монгол улсын хамгийн том зэс, алтны уул уурхайн компани бөгөөд Монгол улсын Засгийн газар, Туркойз Хилл Ресурс компани болон Рио Тинто компанийн хоорондын стратегийн түншлэл юм.

The geophysical signature of Oyut deposits, Oyu Tolgoi, …

These deposits sit along 26 km long, north-northeast trending belt termed as the Oyu Tolgoi trend. This paper reviews investigations on geophysical signatures of the South Oyu, Southwest Oyu and ...

Turquoise Hill Announces First Quarter 2022 Production and Oyu Tolgoi …

Oyu Tolgoi Production Data: All data represents full production and sales on a basis 1Q: 2Q: 3Q: 4Q: 1Q: Full Year: 2021 2021 2021 2021 2022. 2021 Open pit material mined ('000 tonnes)

Oyu Tolgoi declares force majeure due to delayed copper …

MONTREAL, March 30, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( "Turquoise Hill" of the "Company") today announced that Oyu Tolgoi LLC ("Oyu Tolgoi") has declared force majeure in ...

Oyu Tolgoi

1 The 500ktpa target (stated as recovered metal) for the Oyu Tolgoi underground and open pit mines is underpinned 17 per cent by Proved Ore Reserves and 83 per cent by …

Mine d'Oyou Tolgoï — Wikipédia

Mine d'Oyou Tolgoï. La mine d'Oyou Tolgoï, en mongol : Оюу Толгой, (colline de Turquoise) est une mine à ciel ouvert et souterraine de cuivre et d' or, située dans le désert de Gobi dans la province de Ömnögovi en Mongolie. Elle appartient pour 66 % à en:Turquoise Hill Resources, nouveau nom du groupe minier canadien Ivanhoe ...