Oyu Tolgoi mine - Miners News Global

Rio Tinto settles Oyu Tolgoi lawsuit

June 23, 2025June 23, 2025 Miners News

Rio Tinto has agreed to pay $138.75 million to settle a lawsuit that accused the miner of defrauding investors by concealing problems with its underground expansion of the Oyu Tolgoi copper-gold mine in Mongolia, reported Reuters. The lawsuit sought damages on behalf of shareholders of Turquoise Hill Resources between July 2018 and July 2019, when it was majority-owned by Rio…

ULE, MacLean announce Mongolian partnership

September 3, 2024September 9, 2024 Miners News

Mongolian full-service heavy equipment specialist UL Equipment (ULE) has made a dealer agreement with Canadian group MacLean to bolster in-country parts and field service capabilities for MacLean’s full-fleet solutions. The new dealer platform will improve MacLean parts support and field service capabilities at the Rio Tinto Oyu Tolgoi copper/gold mine in the Southern Gobi Desert. It also offers Oyu Tolgoi…