Table of Contents
- 1 Where in Mongolia is the Oyu Tolgoi copper and gold mine located?
- 2 Who discovered Oyu Tolgoi?
- 3 What do they mine in Mongolia?
- 4 What is Oyu Tolgoi project?
- 5 How much is Oyu Tolgoi worth?
- 6 How big is the Oyu Tolgoi mine?
- 7 Who owns Olympic Dam?
- 8 Will Rio Tinto buy Turquoise Hill?
- 9 Where is the Oyu Tolgoi copper mine located?
- 10 Where are Rio Tinto and Oyu Tolgoi located?
Where in Mongolia is the Oyu Tolgoi copper and gold mine located?
South Gobi region
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, Ulaanbaatar, and 80 km north of the Mongolia-China border.
Who discovered Oyu Tolgoi?
BHP Billiton World
Discovery of Oyu Tolgoi: A Case Study of Mineral and Geological Exploration provides a detailed account of the exploration for copper deposits that took place in Mongolia in the mid-1990s, an exploration that was first started by Magma Copper and then continued by BHP Billiton World Exploration Inc., and which …
How many people work at Oyu Tolgoi?
15,000
Oyu Tolgoi’s workforce reached 15,000 making it the largest private employer in Mongolia.
What do they mine in Mongolia?
Coal, copper, and gold are the principal reserves mined in Mongolia.
What is Oyu Tolgoi project?
The Oyu Tolgoi mine (Mongolian: Оюу Толгой, also Oyu Tolgoi, Turquoise Hill) is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province capital Dalanzadgad.
Does Rio Tinto mine gold?
In 2020, Rio Tinto, an Anglo-Australian mining company, produced some 283,000 ounces of gold, and approximately 4.4 million ounces of silver.
How much is Oyu Tolgoi worth?
Oyu Tolgoi is one of Rio Tinto’s 50+ global assets In 2019, the company reported net earnings of $8 billion. $25 million of earnings is attributed to OT and Turquoise Hill – approximately 0.3% of Rio Tinto’s total.
How big is the Oyu Tolgoi mine?
approximately 235 kilometres
The Oyu Tolgoi mine (Mongolian: Оюу Толгой, also Oyu Tolgoi, Turquoise Hill) is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province capital Dalanzadgad….Oyu Tolgoi mine.
| Location | |
|---|---|
| Website | www.ot.mn |
How many mines does BHP own?
five mines
The operations involve a complex integrated system of four processing hubs and five mines, connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western Australia. Find out more about our Western Australia Iron Ore locations.
Who owns Olympic Dam?
BHP
The Olympic Dam mine is a large poly-metallic underground mine located in South Australia, 550 km (341.75 mi) NNW of Adelaide. It is the fourth largest copper deposit and the largest known single deposit of uranium in the world….Olympic Dam mine.
| Location | |
|---|---|
| Opened | 1988 |
| Owner | |
| Company | BHP |
| Year of acquisition | 2005 |
Will Rio Tinto buy Turquoise Hill?
“We are pleased to have reached a constructive and equitable agreement with Rio Tinto to fund the Oyu Tolgoi underground development,” stated Steve Thibeault, Interim Chief Executive Officer of Turquoise Hill.
Where does Oyu Tolgoi get its products from?
Since 2011, Oyu Tolgoi has developed and implemented policies to create a supply chain in Mongolia with a particular focus on the South Gobi region. This includes a ‘Made in Mongolia’ procurement strategy to source products manufactured locally.
Where is the Oyu Tolgoi copper mine located?
In January 2013 Oyu Tolgoi started producing concentrate from the mine. The Oyu Tolgoi mine is in the South Gobi Desert of Mongolia, 80 kilometres (50 mi) north of Mongolia’s border with the People’s Republic of China, where the mined copper is expected to be shipped.
Where are Rio Tinto and Oyu Tolgoi located?
Ulaanbaatar, Mongolia — Oyu Tolgoi LLC and Rio Tinto in partnership with the Mongolian University of Science and Technology (MUST) today launched a joint project to build and develop the capability of geotechnical and mining professionals in Mongolia.
What was the main goal of the Oyu Tolgoi agreement?
The main goal of the agreement is to provide a strong governance structure for Oyu Tolgoi and local communities for effective cooperation and to address mutual obligations.