Oyu Tolgoi is a copper mine in the Umnugovi aimag of Mongolia, approximately 550 kilometres south of the capital Ulaanbaatar. It holds one of the largest high-grade copper deposits in the world. Underpinned by our core value of safety, Oyu Tolgoi creates value by mining, processing, and exporting copper, and other minerals to international ...
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Feb 12, 2020 · Ivanhoe Mines acquires 100% of Oyu Tolgoi 01/01/2002 / in All events , Oyu Tolgoi / by Rene In 2002 Ivanhoe Mines acquires 98% from BHP and acquires the last 2% in November 2003[1].
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Aug 16, 2019 · 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. ... (66%) (previously Ivanhoe Mines) and Erdenes OT, owned by the Government of Mongolia (34%). Rio Tinto, which has a 51% stake in …
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May 15, 2011 · Overall construction of the Oyu Tolgoi Project was 15.1% complete by the end of Q1'11, slightly ahead of the planned 14.8%. Total capital invested in the project by the end of Q1'11 was $1.8 billion.
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Sep 27, 2011 · Article content. While the road to operational status for the Oyu Tolgoi copper and gold mine in Mongolia for Ivanhoe Mines Ltd. remains a rocky one, major partner Rio Tinto PLC still believes the mine will get up and running on schedule.. To wit, Rio has acquired another $73-million stake in Ivanhoe, by way of a share purchase of …
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Jan 1, 2005 · Oyu Tolgoi represents a cluster of six porphyry Cu-Au systems following a linear NE trend of the underlying magma chamber (Crane and Kavalieris 2012), comparable to the linear, but NW-oriented ...
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Sep 13, 2012 · The economic impact of Oyu Tolgoi is visible on the streets of Khanbogd, the town nearest to the site. The population of Khanbogd, a frontierlike outpost where most residents still live in ...
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Oct 9, 2007 · Ivanhoe-Entree joint venture, which covers approximately 40,000 hectares of Entrée's 100%-owned Shivee Tolgoi Property (which includes the Javkhlant license), adjacent to Ivanhoe's Oyu Tolgoi Property. Ivanhoe has earned the 51% interest by completing more than US$20 million of aggregate earn-in expenditures on the joint …
Press Release of Rio Tinto Following a series of agreements between Rio Tinto, Ivanhoe Mines and the Government of Mongolia, Rio Tinto will assume direct management of the Oyu Tolgoi project from December 2010, subject to approval by the Board of Oyu Tolgoi LLC. Rio Tinto has the right to increase its stake in Ivanhoe Mines to 49 per cent. Rio …
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Dec 16, 2022 · Rio Tinto Chief Executive Jakob Stausholm said “Oyu Tolgoi is an outstanding asset with incredible people that will deliver significant long-term value for Rio Tinto and Mongolia. “I would like to acknowledge the Turquoise Hill Board and management, under the leadership of Peter Gillin and Steve Thibeault, for their …
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