Mongolian mining news
Underground production celebrated at Oyu Tolgoi
The Prime Minister of Mongolia and Rio Tinto Chief Executive meet 1.3 km underground to celebrate the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi Desert.
Rio Tinto to acquire full ownership of Turquoise Hill
Rio Tinto and Turquoise Hill have entered into arrangement agreement for Rio Tinto to acquire full ownership of Turquoise Hill.
The Mongolian Government commences debt payments to MCC
The Mongolian Government has begun paying its debt to the Mongolian Copper Corp. (MCC) with regards to the Erdenet and Monros mines.
Rio Tinto agrees funding arrangement revisions with Turquoise Hill Resources
Rio Tinto has agreed to amend a previously agreed funding plan with Turquoise Hill Resources while its proposal to acquire all outstanding shares is evaluated.
Thiess executes Oyu Tolgoi contract extension
Thiess’ the team has executed the recent contract extension at Oyu Tolgoi copper mine through the company’s longstanding joint venture, Thiess Khishig Arvin.
Rio Tinto, Turquoise Hill Resources and Mongolia reach Oyu Tolgoi agreement
Rio Tinto, Turquoise Hill Resources and the government of Mongolia have reached an agreement that will move the Oyu Tolgoi project forward.
Rio Tinto concludes financing agreement with TRQ
Rio Tinto has entered into an agreement with Turquoise Hill Resources for an updated funding plan for the completion of the Oyu Tolgoi Underground Project in Mongolia.
Q&A from ERG on the role of mining in shaping the global economy post-pandemic
A year after the COVID-19 pandemic struck, Benedikt Sobotka, ERG, reflects on the lessons learnt about the role of the mining sector in shaping the global economic landscape post-pandemic.
Rio Tinto and Turquoise Hill Resources agree funding plan for Oyu Tolgoi
Rio Tinto and Turquoise Hill Resources have entered into an MoU to progress the financing for completion of the Oyu Tolgoi Underground Project in Mongolia.
FAMUR Group’s response to COVID-19
The FAMUR Group decided to adjust its production structures to the changing market needs following the economic slowdown in the mining industry and COVID-19 pandemic.