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OT gold output to double in 2018
Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 240,000 to 280,000 ounces of gold in concentrates in 2018, according to a production and financial guidance released by Rio Tinto-controlled Canadian miner Turquoise Hill,
Aspire starts work on Erdenet-Ovoot railway
Work on laying the tracks of Australia-listed Aspire Mining’s 547-km-long Erdenet-Ovoot railway formally began on 20 June. The project has been entrusted to Northern Railways LLC, a subsidiary of the company, and is expected to be ready for traffic in 2022. When complete, the railway will go up to the Russian border at Arts Suuri, where it will be connected to the Russian Trans Siberian Railway through Kyzyl city’s port, and thus become part of the Russia-Mongolia-China Economic Corridor.
Energy Resources gets ready to expand operations
Expecting the market to be more positive, Energy Resources, which runs the Ukhaakhudag coking coal mine in the southern gobi, is planning to be ready to operate all three units of its coal handling plant there from the autumn. Currently two units are active. The company feels it will need to raise production capacity if demand increases, as many feel it will.
“Only consistency can bring back trust, but it takes time”
Australia-listed Aspire Mining Ltd, the largest coal tenement holder in the Orkhon-Selenge Coal Basin in northern Mongolia, is also the sole owner of its flagship Ovoot project, the second largest coking coal deposit by reserves in Mongolia. MMJ talks to David Paull, Managing Director of the company, on various issues in the Mongolian mining sector.
Oyu Tolgoi achieves record production performance in 2016
The recently released fourth quarter and annual production results report of Oyu Tolgoi LLC shows that the company’s open pit mining and concentrator operations in 2016 achieved record levels for material mined and ore treated, and exceeded both copper and gold production guidance for the year. Concentrator performance during the fourth quarter was strong with the highest throughput since production began.
Mongolian members of the Oyu Tolgoi board appointed
Three members of Mongolia at the Board of Oyu Tolgoi LLC were designated. B. Munkhbaatar, CEO of Erdenes Oyu Tolgoi, N. Bagabandi, former President of Mongolia and pioneer member of Oyu Tolgoi board, and Ch. Altannar are appointed newly as a member of the Oyu Tolgoi board.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services. Jacobs will provide engineering, procurement and construction management (EPCM) services for the project and will be responsible for implementation of the materials handling systems and associated surface and underground infrastructure.
Jacobs Engineering to build OT underground mine
The main contract to build the $5.3-billion Oyu Tolgoi underground mine has been awarded to USA-based Jacobs Engineering, one of the world’s largest and most diverse providers of technical, professional and construction services. Jacobs will provide engineering, procurement and construction management (EPCM) services for the project and will be responsible for implementation of the materials handling systems and associated surface and underground infrastructure.
Turquoise Hill provides details on OT Underground Mine Development and Financing Plan
Further to today’s joint announcement by Turquoise Hill Resources, the Government of Mongolia and Rio Tinto, the Company is providing additional details in connection with the Oyu Tolgoi Underground Mine Development and Financing Plan (the Mine Plan), which provides a pathway forward in addressing outstanding shareholder matters to restart underground development.
Drilling at Erdene Resource’s Altan Nar yields significant results
Erdene Resource Development says drilling results for the first four holes of the 15-hole Q4 2014 exploration programme at its wholly-owned Altan Nar gold-polymetallic project show significant increase in width and grade at the northern edge of Discovery Zone South (DZS).
Newera withdraws from Ulaan Tolgoi Coal JV
Newera Resources has decided that following a review of recent exploration within the Ulaan Tolgoi project and armed with the knowledge that despite the identification of interpreted potentially coal bearing sub-basins and the more recent interpretation
