Ivanhoe Mines Inc Co., Ltd discovered a mineral deposit in the Southern Gobi Region of Mongolia, far 80 km from Chinese border, containing copper, gold coal in the area known as Oyu Tolgoi, has been granted a mining license to develop the mineral recourse at Oyu Tolgoi in recent years.
Oyu Tolgoi makes more commitments to mine training
The investment underlines Oyu Tolgoi's unprecedented commitment to training, and Immersive's continuing contribution to Mongolia." Oyu Tolgoi LLC is Mongolia's largest copper and gold mining company and is a strategic partnership between the Government of Mongolia, Ivanhoe Mines
Mongolia and Ivanhoe to sign Tuesday Oct. 6 the $3.6
Classifieds Menu. An exploration shaft was drilled and in January 2008 it reached the depth of 1385 meters. Analysis of the rocks drilled out clearly show the rich gold deposits. South west of Oyu Tolgoi a new copper-gold field was discovered recently by Ivanhoe named Heruga, which is
Ivanhoe Working To Satisfy Remaining Oyu Tolgoi Conditions
Ivanhoe Mines (IVN.T) is working with Rio Tinto (RIO.AU) to satisfy the remaining conditions in order to complete the investment agreement for the Oyu Tolgoi copper-gold project in Mongolia, Ivanhoe CEO Robert Friedman said Thursday at a mining conference.
Mongolia works with overseas investigator on Oyu Tolgoi
Mongolia is working with overseas investigators to investigate claims of corruption at its giant Oyu Tolgoi copper mine. This is following the re-arrest of a former minister suspected of "abuse of power". S.Bayartsogt was first arrested last April and released in June following a probe into the 2009 negotiations over the mine's development.
About us. Oyu Tolgoi LLC, Mongolia's largest copper and gold mining company, is a strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto. Located in the South Gobi, Oyu Tolgoi commenced shipment of product to customers in July 2013. Oyu Tolgoi is managed by Rio Tinto, which is investing global expertise
Ivanhoe Calls Oyu Tolgoi One of World's Largest Mines
May 11, 2010 · Ivanhoe said its Mongolian resources "will continue to improve and that Oyu Tolgoi will stand tall with established giants like Grasberg and Escondida in the pantheon of the world's greatest
Rio Tinto lays off 1,700 Oyu Tolgoi mine workers as dispute drags on. As many as 1,700 workers at Rio Tinto Group's US$6.6-billion Oyu Tolgoi copper and gold mine in Mongolia, where shipments began last month, have been laid off amid a financing
The Oyu Tolgoi copper deposit is one recent discovery that has gone through this value cycle. It exemplifies some of these events and their effects on the share price of a company. Concept 15+ Years Prospectors conducted early exploration work in the 1980s near where Oyu Tolgoi would be discovered.
After continued negotiations for the better part of the decade the Oyu Tolgoi Investment Agreement has finally been signed by the Government of Mongolia, Rio Tinto and Ivanhoe Mines Mongolia.. There have been numerous false starts to finalizing the OT agreement this summer.
Jul 14, 2010 · In recent days, Ivanhoe Mines Ltd. and Rio Tinto Ltd. have jockeyed for position over the Oyu Tolgoi project in Mongolia, and there appear to be a number of other interested parties as well.
Oyu Tolgoi Copper & Gold Mine Associated Power Plant
The Oyu Tolgoi ("OT") project is a large-scale copper and gold mine consisting of an open-pit as well as an underground mine located in the South Gobi region of Mongolia. The mine site sits atop the largest copper and gold deposit in Mongolia and possibly the
Sep 26, 2011 · VANCOUVER, BRITISH COLUMBIA-- Ivanhoe MinesStatementIvanhoe Mines said in a statement today that the investment agreement for the Oyu Tolgoi Project remains a fair and legally binding contract
Located in the Omnogovi Aimag (province) in the Southern Gobi Desert region of Mongolia, the Oyu Tolgoi copper/silver/gold mine is one of the largest copper and gold deposits in the world. The total reserves of the mine are estimated at 80 billion pounds of copper and 45 million ounces of gold.
Jan 14, 2015 · Oyu Tolgoi LLC (OT), a company established in Mongolia to implement the project. OT is 66% ultimately owned by Turquoise Hill Resources Ltd (formerly, Ivanhoe Mines Ltd), a Canadian mining group, and 34% by Erdenes Oyu Tolgoi LLC, a corporate body owned by the Mongolian State.
TORONTO, March 31 (Reuters) Ivanhoe Mines (IVN.TO) has finalized an investment agreement with its partners to develop the Oyu Tolgoi copper-gold project in Mongolia, and full-scale construction is set to begin in the second quarter, the company said on Wednesday.
The Oyu Tolgoi site (Turquoise Hill in English) is predicted to be one of the largest reserves of gold and copper in the world, with an estimated mine life of 40 years. It is also the largest development project and foreign investment in the history of the country.