- 1. Rio Tinto told to keep Oyu Tolgoi within budget
- (Leading Developments)
- Mongolia has asked its partner Rio Tinto to stay within an estimated $7.06 billion budget for the Oyu Tolgoi copper and gold mine’s underground expansion, reported Reuters. The project is behind schedule ...
- Created on 10 May 2023
- 2. Oyu Tolgoi owners mark start of underground production
- (Latest)
- Rio Tinto and the Mongolian government – both owners of the massive Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia – have officially commemorated the start of underground production from ...
- Created on 13 March 2023
- 3. Rio Tinto told to keep Oyu Tolgoi within budget
- (Latest)
- Mongolia has asked its partner Rio Tinto to stay within an estimated $7.06 billion budget for the Oyu Tolgoi copper and gold mine’s underground expansion, reported Reuters. The project is behind ...
- Created on 30 January 2023
- 4. Rio Tinto buyout of Turquoise Hill moves forward
- (Latest)
- ... 49% of shares that it does not already own in Turquoise Hill, giving the miner a 66% stake in Oyu Tolgoi, the world's largest known copper and gold deposit, which is located in the South Gobi region o ...
- Created on 13 December 2022
- 5. Turquoise Hill sale hits another hurdle
- (Latest)
- ... t concerns." Rio Tinto’s offer to buy out the 49% stake in Turquoise Hill it doesn’t already own would give it a 66% interest in the Oyu Tolgoi complex in the South Gobi region of Mongolia. T ...
- Created on 13 November 2022
- 6. Recent Developments in Vietnam, Mongolia and elsewhere.
- (Around the Region)
- ... central regions are cutting down production to 60% to 70% due to a coal shortage. It also warned of the risk of power shortages from this month. OYU TOLGOI PROJECT The Oyu Tolgoi Project ...
- Created on 27 September 2022
- 7. Rio Tinto inks $3.3B agreement for Turquoise Hill ownership, Oyu Tolgoi stake
- (Latest)
- ... own – in a deal worth C$43 per share cash, or about $3.3 billion. The deal, if completed, would give Rio a 66% interest in Oyu Tolgoi, with the remaining 34% owned by the Government of Mongolia. ...
- Created on 07 September 2022
- 8. Monadelphous adds A$100M to books with Oyu Tolgoi contract, more
- (Latest)
- Engineer Monadelphous has been retained to erect surface infrastructure at the Oyu Tolgoi underground project in Mongolia’s South Gobi region – just one of multiple new contracts for the firm. With ...
- Created on 16 August 2022
- 9. WATER MANAGEMENT FOR MINES
- (Features)
- ... to monitor, understand, and manage than surface water due to the complex subsurface geological formations that control aquifers. The Oyu Tolgoi mine in Omnogovi province lies in the Galba–Uush–Doloodin ...
- Created on 28 June 2022
- 10. Thiess Khishig Arvin secures Oyu Tolgoi contract extension
- (Latest)
- Thiess long-time joint venture Thiess Khishig Arvin (TKAJV) has secured a contract extension for the underground works at the Oyu Tolgoi copper complex in the southern Gobi Desert of Mongolia. The ...
- Created on 30 March 2022
- 11. Rio Tinto offers $2.7B to take over Turquoise Hill
- (Latest)
- Rio Tinto has taken interest in acquiring the remaining shares it does not already own of Turquoise Hill Resources and the Oyu Tolgoi copper operation in Mongolia in a $2.7 billion cash proposal. In ...
- Created on 17 March 2022
- 12. Oyu Tolgoi partners move forward with project
- (Latest)
- Rio Tinto, Turquoise Hill Resources and the Mongolian government have reached an agreement that will move the Oyu Tolgoi project forward, resetting the relationship between the partners and increasing ...
- Created on 26 January 2022
- 13. Oyu Tolgoi underground mine gets $75M jumpstart
- (Leading Developments)
- Turquoise Hill confirmed that the Oyu Tolgoi LLC board of directors has approved a bridging budget of $75 million to continue critical activities at the Oyu Tolgoi underground mine development project ...
- Created on 17 December 2021
- 14. Oyu Tolgoi underground mine gets $75M jumpstart
- (Latest)
- Turquoise Hill confirms that the Oyu Tolgoi LLC board of directors has approved a bridging budget of $75 million to continue critical activities at the Oyu Tolgoi underground mine development project in ...
- Created on 30 November 2021
- 15. Review into Oyu Tolgoi costs ‘raises questions’ of Rio Tinto
- (Leading Developments)
- Oyu Tolgoi partial owner Turquoise Hill Resources has commented on a third-party consulting report reviewing the ballooning costs and timeline for the Mongolian project, confirming it will be seeking clarifications ...
- Created on 22 September 2021
- 16. Review into Oyu Tolgoi costs ‘raises questions’ of Rio Tinto
- (Latest)
- Oyu Tolgoi partial owner Turquoise Hill Resources has commented on a third-party consulting report reviewing the ballooning costs and timeline for the Mongolian project, confirming it will be seeking clarifications ...
- Created on 18 August 2021
- 17. News and trends in China, Taiwan, Korea, Japan and Mongolia.
- (Features)
- ... entry of non-residents to their respective territories. Entrée Resources updates Oyu Tolgoi project in Mongolia Entrée Resources’ Oyu Tolgoi project in Mongolia includes two separate ...
- Created on 28 June 2021
- 18. Partial shipments back on from Oyu Tolgoi to China
- (Latest)
- Turquoise Hill Resources, owner of the Oyu Tolgoi complex in Mongolia, said in an earnings and operational update that it has, in part, resumed its shipments to China, about two weeks after curtailing ...
- Created on 21 April 2021
- 19. Oyu Tolgoi foots the education bill for 30 students
- (Latest)
- Oyu Tolgoi has awarded 30 students with full scholarships in Mongolia, part of its vision of “natural resources to enduring value, knowledge and skill” for the country. Ten of the students will be ...
- Created on 06 January 2021
- 20. Made in Mongolia
- (Around the Region)
- ... with miners in Mongolia for more than two decades and their relationship with the Oyu Tolgoi mine began during the engineering design phase of the project through to construction commissioning and running. ...
- Created on 16 September 2020