TerraCom reaches annual BNU capacity

TERRACOM Limited has reached the annual name plate capacity of 1.5 million tonnes from its Baruun Noyon Uul (BNU) Coking Coal Project in southern Mongolia. Short and long-term contracts have underpinned the coal produced at BNU as well as the company’s Blair Athol Thermal Coal Project in Australia.

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Siemens to power OT conveyors

SIEMENS is undertaking the engineering, design, production and supply of the electrical equipment for the conveyor system at Oyu Tolgoi Copper-Gold Project. The delivery will comprise the new conveyor system with gearless and conventional drives from thyssenkrupp Industrial Solutions.

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OT gold production to double in 2018

AS Turquoise Hill Resources gears up to begin underground production from the Oyu Tolgoi (OT) Copper-Gold Project in 2020, it expects the open pit operations to more than double gold production during 2018. The Rio Tinto controlled company has forecast production of 240,000 to 280,000 ounces with operating costs dropping by about 2.8%.

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Agreement on Northern Rail study

ASPIRE Mining and its subsidiary Northern Railways LLC have entered into a binding Memorandum of Understanding with China Gezhouba Group International Company Limited (CGGC) to advance the Erdenet-Ovoot Railway Project as part of the Northern Rail Corridor. CGGC has agreed to complete the second and final stage of a bankable feasibility study by March 31, 2018.

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