Mongolia owns 34% of Oyu Tolgoi, one of the world's largest-known copper and gold deposits. Rio controls the rest through its 51% stake in Toronto-listed Turquoise Hill Resources Ltd (TRQ.TO ...

4 The 500ktpa target (stated as recovered metal) for the Oyu Tolgoi underground and open pit mines is underpinned 17 per cent by Proved Ore Reserves and 83 per cent by Probable Ore Reserves for ...

The Oyu Tolgoi deposits lie within the middle to late Palaeozoic Kazakh-Mongol magmatic arc, part of the Transbaikal-Mongolian orogenic collage (Yakubchuk, 2002, Yakubchuk, 2005), which with the Altaid tectonic collage to the west (Sengör et al., 1993, Sengör and Natal'in, 1996, Yakubchuk, 2004), forms the 5000 km long, by up to …

The total number of workers engaged at the Oyu Tolgoi construction site has more than doubled since March 1, 2011, as part of the build up to the peak of construction and currently stands at 12,497.

The definitive estimate details how Oyu Tolgoi underground will achieve sustainable production for Panel 0 by October 2022 for development capital of $6.75 billion.

Oyu Tolgoi has a requirement that any business we do, we do with Integrity, this is outlined in a document called "The way We Work". This means no facilitation payments, no bribes, no favors or payment in …

The first phase, often called MHS1 entails production shaft 2 which has a production capacity of 25,000 t/d through the hoisting system. With the second phase, …

Oyu Tolgoi has a requirement that any business we do, we do with Integrity, this is outlined in a document called "The way We Work". This means no facilitation payments, no bribes, no favors or payment in kind. It also means that all Conflicts of Interest should be declared before doing business with Oyu Tolgoi.

The Oyu Tolgoi concentrator is the biggest industrial unit ever built in Mongolia. It contains enough steel to construct the Eiffel Tower three times and took more than 15.7 million individual work hours to build. The concentrator covers an area 255 metres long and 144 metres wide. The concentrator produced its first copper concentrate on 1 ...

The Lift 1 comprises three panels (Panel 0, Panel 1, and Panel 2). The initial investment decision to construct Phase 1 of Oyu Tolgoi was made in 2010. Mining of the Oyut deposit started in 2012 using open pit mining methods. The Oyut open pit mine currently has an ore production rate of about 40 Mtpa. Part of the initial investment decision to ...

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On 16 January, 2018, Oyu Tolgoi received a tax assessment for approximately $155 million from the MTA relating to an audit on taxes imposed and paid by Oyu Tolgoi between 2013 and 2015. In January 2018, Oyu Tolgoi paid an amount of $4.8 million to settle unpaid taxes, fines and penalties for accepted items.

Oyu Tolgoi maintains a dedicated national procurement policy focused on promoting and developing a safe and sustainable local supply chain, which includes the "Made in Mongolia" strategy. Between 2010 and the second quarter of 2021, Oyu Tolgoi spent US$744 million on procurement from the Umnugovi province. And in the first half of 2021, 85 ...

At peak production, Oyu Tolgoi is expected to operate in the first quartile of the copper cash cost curve 1. Oyu Tolgoi is expected to produce around 500,000 tonnes of copper per year on average from 2028 to 2036 from the open pit and underground, and an average of around 350,000 tonnes for a further five years 2, compared to 163,000 tonnes …

An integrated development plan (IDP) suggests that the Oyu Tolgoi Mine will be capable of average annual production in excess of one billion pounds of copper …

Oyu Tolgoi is one of the most water-efficient copper mines in the world. Through innovative recycling and conservation practices, our operation uses 0.42 cubic metres of water per tonne of ore processed – significantly below the global average of 1.2 cubic metres of water per tonne for comparable copper businesses. In addition, more than 85% ...

Oyu Tolgoi is a copper-gold mine in the South Gobi region of Mongolia and is one of the largest undeveloped high-grade copper deposits in the world. Oyu Tolgoi has a workforce that is 95 per cent Mongolian and Oyu Tolgoi LLC has paid $1.3 billion in taxes, fees and other payments to the Government of Mongolia to date.

LONDON--(BUSINESS WIRE)-- Rio Tinto notes Turquoise Hill Resources' (TRQ) publication of its '2020 Oyu Tolgoi Technical Report' (2020 OTTR) in relation to the Oyu Tolgoi (OT) project in Mongolia. The 2020 OTTR has been prepared and published by TRQ in compliance with their Canadian listing obligations (National Instrument 43-101 ...

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Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34% ownership, and Rio Tinto, which owns 66%. Rio Tinto manages the operation on behalf of the owners. Copper: Essential for a low-carbon future. At peak production, Oyu Tolgoi is expected to produce 500,000 tonnes 1 per annum of copper – equivalent to what's needed to build:

Oyu Tolgoi LLC is a Mongolian company, jointly owned by Erdenes Oyu Tolgoi LLC on behalf of the Government of Mongolia (34 per cent) and Rio Tinto (66 per cent). Rio Tinto also manages Oyu Tolgoi on behalf of the partnership.Oyu Tolgoi is led by a Management Team of experts in all aspects of the mining business, and this team drives the strategic …

Oyu Tolgoi works with more than 500 national suppliers and has spent around $15 billion in Mongolia since 2010, including $4 billion of taxes, fees and other payments to the state budget. Developing the underground mine is an investment of over $7 billion, unlocking the most valuable part of the copper resource for the benefit of all …

Rate the pronunciation difficulty of oyu tolgoi. 3 /5. (19 votes) Very easy. Easy. Moderate. Difficult. Very difficult. Pronunciation of oyu tolgoi with 3 audio pronunciations.

Oyu Tolgoi is jointly owned by the Government of Mongolia (34 per cent) and Turquoise Hill Resources (66 per cent, of which Rio Tinto owns a controlling interest of 50.8 per cent). Rio Tinto has been the manager of the Oyu Tolgoi project since 2010. The open-pit mine was completed in less than 24 months and production started in 2013.

Oyu Tolgoi's 2013 Sustainable Development Report sets out the business' performance and contributions across a number of areas with a positive, long term impact in the South Gobi and across Mongolia. It focuses on areas including safety and health, environmental protection, education, economic development, and regional and community ...

Oyu Tolgoi website. Oyu Tolgoi is one of the world's largest new copper-gold mines and is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, …

Media. Oyu Tolgoi announces Q4 2021 performance results. Continued its globally competitive safety performance. Maintained its highest water use efficiency per tonne of ore production. Reached record-high national and Umnugovi procurement spend in 2021, stretching to US$606 million and US$216 million, respectively.

The Oyu Tolgoi gold and copper mine is situated in the south Gobi region of Mongolia. It is around 80km north of the Chinese-Mongolian border and 550km south of …

About Us. Our Vision, Mission, Values, and Priorities. Our Vision, Natural wealth to enduring value, knowledge, and skill,' expresses what we aspire to as a company. We look to turn natural wealth into value for our shareholders and stakeholders, from improved profits and returns, through to the long-term economic and social contributions we ...

Once Oyu Tolgoi starts generating annual profits, the government had promised to use its share of earnings to repay the money it has borrowed. Once those debts are paid off, the state can start to ...

Oyu Tolgoi LLC presented the key performanc­e indicators for Q4 2023 and the progress of the undergroun­d mining project. The company reported that sales revenue increased by nine percent from the previous year and reached 5.6 trillion MNT due to high prices of copper and gold in the market and increased sales volume. The increase was …

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 ...

Oyu Tolgoi is a copper-gold mine in the Umnugovi aimag of Mongolia, approximately 550 kilometres south of the capital Ulaanbaatar. It holds one of the largest high-grade copper …

Media. OYU TOLGOI RELEASES Q4 2022 PERFORMANCE RESULTS. Prioritised the safety and well-being of employees, contractors and local communities. Maintained the highest water use efficiency per tonne of ore production compared to similar global operations. Paid US$314 million in taxes, fees and other payments in 2022.

By 2030 Oyu Tolgoi is expected to be the fourth largest copper mine in the world. It is a complex greenfield project comprising an underground block cave mine and …

Oyu Tolgoi's location within Mongolia. 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. It is one of the biggest gold and copper mines in the world and has the potential to produce …