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Tag: Mongolia

Rio Tinto buyout of Turquoise Hill moves forward

December 13, 2022December 13, 2022 Miners News

Canadian miner Turquoise Hill said 86.6% of its shareholders have voted in favor of Rio Tinto’s $3.3 billion takeover bid, reported Reuters. Read full article.

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Asiagold deposit, Mongolia, Oyu Tolgoi, Rio Tinto, Turquoise Hill

Zijin to invest in Xanadu’s Kharmagtai project

April 26, 2022April 26, 2022 Miners News

Xanadu Mines and Zijin Mining Group have entered a strategic partnership to progress the former’s flagship Kharmagtai copper-gold project in Mongolia through its next phase of evaluation and development. See full article here.

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AsiaMongolia, Xanadu Mines, Zijin Mining Group

Steppe Gold announces first gold pour at newly resumed ATO

April 11, 2022April 11, 2022 Miners News

While a supply chain hiccup involving its reagents idled its progress, Steppe Gold confirmed 6 April that, in the month since it officially was able to return to production, it has completed the first gold pour at its ATO operation in Mongolia and is continuing its ramp-up effort. Read full article from The Asia Miner.

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AsiaMongolia, Steppe Gold

Review into Oyu Tolgoi costs ‘raises questions’ of Rio Tinto

August 18, 2021 Miners News

Oyu Tolgoi partial owner Turquoise Hill Resources has commented on a third-party consulting report reviewing the ballooning costs and timeline for the Mongolian project, confirming it will be seeking clarifications from the authors. Read full article in The Asia Miner.

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Asia, FeatureMongolia, Oyu Tolgoi, Turquoise Hill Resources

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