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Tag: oyu tolgoi

Home›Posts Tagged "oyu tolgoi"
  • Mongolia capital
    By Stacey D. Waddell
    March 11, 2022
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    Will Mongolia benefit from Oyu Tolgoi? – GIS reports

    After a bitter dispute over the financial arrangements, Mongolia and Rio Tinto are finally moving forward with the exploitation of the underground mine of Oyu Tolgoi. ...
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  • Mongolia region
    By Stacey D. Waddell
    February 23, 2022
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    Mining in Mongolia: ASX stocks with boots on the ground in the mineral-rich country on China’s doorstep

    Mongolia is not only the homeland of Genghis Khan and nomadic tribes who hunt with eagles. The country is fast becoming a mining powerhouse, as global ...
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  • Mongolia region
    By Stacey D. Waddell
    February 14, 2022
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    First undercut rings fired at the Oyu Tolgoi underground mine in Mongolia marking the start of underground production

    Posted by Paul Moore on February 14, 2022 Following a new long-term agreement between Rio Tinto, Turquoise Hill Resources (TRQ) and the Government of ...
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  • Mongolia capital
    By Stacey D. Waddell
    February 11, 2022
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    On the verge of a mineral miracle

    Between the vast expanses of Siberia and the vast Gobi Desert lies Mongolia, the least populated country in the world. Over the past 50 years, this ...
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  • Mongolia region
    By Stacey D. Waddell
    January 26, 2022
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    Rio Tinto and Mongolia settle a long-running dispute over the expansion of the Oyu Tolgoi project, with production set to begin at one of the world’s largest copper mines

    British-Australian mining giant Rio Tinto and the Mongolian government announced on Tuesday (January 25th) that they had agreed to settle a long-running dispute over the planned ...
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  • Mongolia culture
    By Stacey D. Waddell
    January 26, 2022
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    Rio Tinto begins underground work at a vast copper mine in Mongolia (official media)

    Published on: 01/26/2022 – 07:44Amended: 01/26/2022 – 07:42 Ulaanbaatar (AFP) – Underground operations have finally started at a copper mine in Mongolia, state media reported, ending ...
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  • Mongolia capital
    By Stacey D. Waddell
    January 25, 2022
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    Rio Tinto strikes deals to end copper stalemate in Mongolia

    ADELAIDE, Australia—Rio Tinto RIO -0.96% PLC has renegotiated agreements with the Mongolian government to advance a delayed and costly expansion of the Oyu Tolgoi copper mine, ...
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  • Mongolia capital
    By Stacey D. Waddell
    January 25, 2022
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    Rio Tinto strikes deals to break copper impasse in Mongolia

    Mongolia, Rio Tinto and Turquoise Hill Resources Ltd., the Toronto-listed Rio Tinto-controlled company that owns most of Oyu Tolgoi’s operation, have been battling for years over ...
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  • Mongolia capital
    By Stacey D. Waddell
    January 25, 2022
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    Rio Tinto and Mongolia reach agreement to advance Oyu Tolgoi copper project

    (RTTNews) – Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF), Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will lead to ...
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  • Mongolia region
    By Stacey D. Waddell
    January 25, 2022
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    Rio Tinto strikes deal for ‘full reset’ in Mongolia mining dispute

    Rio Tinto’s Oyu Tolgoi expansion is seen as one of its most significant growth projects and a key part of its ambition to diversify away from ...
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  • Mongolia region
    By Stacey D. Waddell
    January 24, 2022
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    Rio Tinto and Mongolia pave way for $10 billion mine expansion

    Some of these disputes, particularly in tax matters, remain unresolved. But Rio said on Tuesday that enough common ground had been found for the undercut to ...
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  • Mongolia region
    By Stacey D. Waddell
    January 24, 2022
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    Rio Tinto and Mongolia settle dispute over Oyu Tolgoi copper mine

    An employee looks at the Oyu Tolgoi mine in Mongolia’s South Gobi region June 23, 2012. REUTERS/David Stanway/File Photo Join now for FREE unlimited access to ...
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  • Mongolia region
    By Stacey D. Waddell
    January 15, 2022
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    Another pandemic year, another election for Mongolia

    Author: Julian Dierkes, UBC Thanks to a cabinet change and a presidential election, the Mongolian People’s Party (MPP) consolidated its dominance in 2021. Consistently high COVID-19 ...
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  • Mongolia region
    By Stacey D. Waddell
    December 16, 2021
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    ​SSM: Mongolia’s largest kitchen in the Gobi region feeds 6,000 miners every day

    Since 2006, MSS managed the Oyu Tolgoi site, located in the Gobi Desert, 800 km from the capital Ulan Bator. At the initiative of our Mongolian ...
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  • Mongolia capital
    By Stacey D. Waddell
    December 13, 2021
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    Rio offers to cancel Mongolia’s debt to advance Oyu Tolgoi copper mine

    ULAANBAATAR/LONDON, Dec 13 (Reuters) – Rio Tinto (RIO.AX)(RIO.L) has offered to write off Mongolia’s $2.3 billion outstanding debt for its stake in the Oyu mine Tolgoi ...
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  • Mongolia capital
    By Stacey D. Waddell
    December 9, 2021
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    Xanadu brings Mongolia’s resources to 1.1 billion tons

    Xanadu Mines, listed on the ASX and TSX, has increased the mineral resources of its Kharmagtai project, in the South Gobi region of Mongolia, to more ...
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  • Mongolia capital
    By Stacey D. Waddell
    November 6, 2021
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    Mongolia and Kyrgyzstan fight the curse of mineral wealth

    November 6, 2021 JARE POOR, fragile post-Soviet democracies, two spectacular holes in the ground. Oyu Tolgoi, or “Turquoise Hill”, in Mongolia, is a vast mine located ...
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  • Mongolia culture
    By Stacey D. Waddell
    September 16, 2021
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    Mongolia demands “more transparency, more visibility” from Rio Tinto

    “Obviously we appreciate the complexity of the project, we think it’s quite an undertaking to build this huge project in Mongolia,” she said. “We need to ...
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  • Mongolia culture
    By Stacey D. Waddell
    August 30, 2021
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    Rio Tinto bids Mongolia on troubled copper project

    Rio Tinto is ready to make concessions to the Mongolian government as it seeks to complete the development of a huge copper mine in the Gobi ...
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  • Mongolia capital
    By Stacey D. Waddell
    August 22, 2021
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    bne IntelliNews – Zasag Chandmani mining dispute is litmus test for Mongolia

    Maximilian Johnson, the young half-brother of the British Prime Minister, encountered problems in Mongolia. He works for a Hong Kong-based fund GRF2 which invested $19 million ...
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  • Mongolia culture
    By Stacey D. Waddell
    August 9, 2021
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    Rio Tinto mismanagement caused Mongolian copper mine woes, report says

    Expert panel examines cause of $1.4 billion cost overrun at giant copper mine operated by Rio Tinto RIO 0.29% PLC in Mongolia said in a report ...
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  • Mongolia capital
    By Stacey D. Waddell
    April 21, 2021
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    Seeking to overthrow Australia, giant Mongolian coal mine plans $700m bond

    * Tavan Tolgoi raises funds for rail link and power station – CEO * First domestic bond tranche raised approximately $200 million * Foreign investors are ...
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  • Mongolia capital
    By Stacey D. Waddell
    March 25, 2021
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    Rio Tinto faces class action lawsuit over copper project in Mongolia

    LONDON (Reuters) – The largest minority shareholder in Rio Tinto’s Mongolian copper project, Oyu Tolgoi, has filed a class action lawsuit in New York, claiming the ...
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