• ENTRÉE RESOURCES ANNOUNCES SECOND QUARTER 2022 .

     · For Panel 1 drilling on the Entrée/Oyu Tolgoi JV Property, the Entrée/Oyu Tolgoi joint venture (the "Entrée/Oyu Tolgoi JV") has approved a budget with diamond drill holes targeting Hugo North ...

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  • Oyu Tolgoi copper mine Report | Wood Mackenzie

     · Oyu Tolgoi comprises the Heruga, Hugo South and Hugo North Lifts 1 2 block cave underground mines plus the Southern Oyu open pits that will all feed a conventional concentrator. Open pit production from Southern Oyu (Oyut) commenced in 2013, and construction is currently underway on the Hugo North Lift 1 block cave. In 2019, the company .

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  • TRQ provides update on Oyu Tolgoi LLC International Tax .

     · 1 жил ago dailypost. Turquoise Hill Resources today announced that the Government of Mongolia filed its statement of defence together with a counterclaim (Government of Mongolia Defence and Counterclaim) in relation to a previouslydisclosed international tax arbitration proceeding brought by Oyu Tolgoi LLC against the Government of Mongolia ...

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  • Mongolia's flagging economy stalls political progress

    Saikhanbileg was seeking a popular mandate for action on the giant Oyu Tolgoi (gold and copper) and Tavan Tolgoi (coal) projects. Unfortunately for the new leader, the poll delivered a tepid response: only 350,000 votes were cast from over three million cell phones.

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  • Entrée Resources updated feasibility study for Entrée/Oyu Tolgoi .

     · Entrée has a 20% participating interest in the joint venture with Oyu Tolgoi LLC (OTLLC) holding the remaining 80% interest. The Entrée/Oyu Tolgoi JV Property comprises a significant portion of the longlife, highgrade Oyu Tolgoi coppergold mining project in Mongolia. The updated study only reports on mineral resources and reserves attributable to the .

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  • Turquoise Hill's Checkbook Takes Hit on Oyu Tolgoi Issues

     · As the company faces delays and cost hikes at the Oyu Tolgoi copper mine, Turquoise Hill Resources (TSX:TRQ,NYSE:TRQ) saw losses of US million over Q2. The financial blow to the company was ...

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  • Oyu Tolgoi Mines | RUC Cementation Mining

    In March 2017 GCR Mongolia entered into its first contract with Oyu Tolgoi Mines LLC. This contract was for the construction of the backbone services on the minesite to support all of the shafts (one through to 5), the mine infrastructure and the twin declines being developed from surface. The works involved civil, earthworks, piping and EIC including some critical projects .

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  • Searching for another Oyu Tolgoi: Mongolia's big mining expansion

     · Oyu Tolgoi was plagued with criticism over damage to the surrounding areas and habitats of animals, some endangered. Also, local herders have been affected by Oyu Tolgoi, claiming the site has disrupted an area traditionally used for tle herding by a largely nomadic population. In 2013, herders petitioned and filed a complaint to the World Bank 's Compliance .

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  • Turquoise Hill announces financial results and review of operations .

    OYU TOLGOI. Safety Performance and COVID19 Update. June 30, 2021. During Q2'21, COVID19 cases increased significantly in Mongolia, causing a series of lockdowns in the country and South Gobi region, which limited the ability of Oyu Tolgoi to maintain normal roster changes for its mitigate the risk of roster changes transmitting COVID19 to the region, Oyu .

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  • Oyu Tolgoi: Advancing Value, Creating Options

     · Oyu Tolgoi expected to be world's thirdlargest copper mine with underground Significant cash flow expected from underground ... Primary demand Average copper price Forecast Copper supply/demand outlook Copper market likely to enter temporary deficit in 2017 Ongoing attrition at existing mines driven by declining grade Continued demand growth .

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  • Geopolitics of Mongolia

     · In addition, vast deposits of gold and copper at the new Oyu Tolgoi mines, which could amount to up to a third of national GDP when fully operational, are already jointly owned by a BritishAustralian mining group and the Mongolian government.

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  • Mining Engineering Online

     · Oyu Tolgoi was launched in 2009 after an investment agreement granted Mongolia its share and the rest to Canada's Ivanhoe Mines, now the Rio Tintocontrolled Turquoise Hill Resources. In a statement, a Rio Tinto spokesman said, "Revising the existing agreements would threaten the future of the project and we are already working with the Government through a .

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  • Rio Tinto's response to OT Watch regarding development plans for the ...

    18 May 2010. Business Human Rights Resource Centre invited Rio Tinto to respond to the following items: "Mongolian NGOs Appeal to the Special Representative of the SecretaryGeneral on Business and Human Rights to resolve Oyu Tolgoi Mine Dispute", Center for Human Rights and Development (Mongolia), OT Watch (Mongolia), MiningWatch (Canada), Rights .

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  • Rio Tinto and Turquoise Hill enter into definitive arrangement ...

     · If the Transaction is successful Rio Tinto will hold a 66% interest in Oyu Tolgoi with the remaining 34% owned by Mongolia. Rio Tinto Canadian early warning disclosure Rio Tinto currently beneficially owns 102,196,643 common shares of Turquoise Hill, representing approximately 51% of the issued and outstanding common shares of Turquoise Hill.

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  • Talks with Rio Tinto on Oyu Tolgoi Project launches

     · The working group in charge of implementing the parliamentary resolution dated November 21, 2019, titled 'Ensuring the interests of Mongolia in the exploitation of the Oyu Tolgoi goldcopper mine' began the negotiations with Rio Tinto company delegates on April 12. The government's working group, set up by the decree of the Prime ...

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  • Tax avoidance: Developing countries take on multinationals

     · Mongolia's Oyu Tolgoi mine in the Gobi desert, is Canadian owned but Dutch for tax purposes Developing countries are taking action to try to combat tax avoidance by multinational companies. Zambia...

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  • Why Oyu Tolgoi Probably Doesn't Mean Much For Copper

     · However, arguably the largest harm a second term can do to Oyu Tolgoi is the budding legal trouble regarding the government forcing RIO and TRQ to contractually oblige to enforce a rule stating ...

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  • Rio Tinto, Mongolia Reach Deal To Advance Oyu Tolgoi Copper

     · Rio Tinto and Turquoise Hill have amended the Heads of Agreement signed in April 2021 to ensure they appropriately fund Oyu Tolgoi. The capital forecast for the project is billion, including 175 million of known COVID19 impacts to the end of 2021. Forecasted remaining undergound capital expenditure is approximately billion.

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  • stope height at the oyu tolgoi block caving

    Panel caving was selected for Oyu Tolgoi due to the large orebody and generally weak ground conditions The Hugo North orebody is approximately 225 m wide, 2,000 m long, and 1,000 m high The underground project currently underway is the planned first lift of the orebody, with a lift height of 500 m and an average column height of 350 m... Know More. separator spiral .

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  • Oyu Lolgoi Primary Crusher Verndor

     · Nov 01, 2018 Oyu Tolgoi spent million on underground expansion during Q318. Total underground project spend from January 1, 2016 to September 30, 2018 was approximately billion. In addition, Oyu Tolgoi had further capital commitments 4 of billion as of September 30, 2018. At the end of Q318, the underground project had committed ...

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  • Economic Benefit

     · There are two primary pieces of infrastructure that are required. One is an international port that enables us to import coal and export the copper concentrate, while also allowing us to bring in largescale equipment that cannot be transported through the road system. The construction on that is going well and is due to be completed in 3Q2017.

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  • Peering into the Year Ahead in Asia

     · The completion of an agreement with Rio Tinto to continue the expansion of the Oyu Tolgoi megamining project will give a boost to plans to accelerate the economic recovery that started in 2021, but the pandemic continues to create significant downside risk.

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  • Entrée Resources

    The Company's primary objective for the 2021 year is to work with other Oyu Tolgoi stakeholders to advance potential amendments to the joint venture agreement (the "Entrée/Oyu Tolgoi JVA") that currently governs the relationship between Entrée and OTLLC and upon finalization, transfer the Shivee Tolgoi and Javhlant mining licences to OTLLC as manager of .

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