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1. Turquoise Hill sale hits another hurdle
(Latest)
Rio Tinto’s C$3.3 billion takeover bid of Turquoise Hill Resources has effectively been put on hold after the latter postponed a shareholder vote until an undetermined date. The global miner recently ...
Created on 13 November 2022
2. Rio Tinto inks $3.3B agreement for Turquoise Hill ownership, Oyu Tolgoi stake
(Latest)
One week after coming to an agreement in principle, Rio Tinto has entered a binding agreement to acquire full ownership of Turquoise Hill Resources – picking up the 49% remaining stake it does not already ...
Created on 07 September 2022
3. Thiess Khishig Arvin secures Oyu Tolgoi contract extension
(Latest)
... building initiatives.” You Tolgoi, an asset of Turquoise Hill Resources (66%), which is in turn owned by Rio Tinto, is one of the largest known copper and gold deposits in the world. In 2021, the mine ...
Created on 30 March 2022
4. Rio Tinto offers $2.7B to take over Turquoise Hill
(Latest)
Rio Tinto has taken interest in acquiring the remaining shares it does not already own of Turquoise Hill Resources and the Oyu Tolgoi copper operation in Mongolia in a $2.7 billion cash proposal. In ...
Created on 17 March 2022
5. Oyu Tolgoi partners move forward with project
(Latest)
Rio Tinto, Turquoise Hill Resources and the Mongolian government have reached an agreement that will move the Oyu Tolgoi project forward, resetting the relationship between the partners and increasing ...
Created on 26 January 2022
6. Review into Oyu Tolgoi costs ‘raises questions’ of Rio Tinto
(Leading Developments)
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 ...
Created on 22 September 2021
7. Review into Oyu Tolgoi costs ‘raises questions’ of Rio Tinto
(Latest)
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 ...
Created on 18 August 2021
8. News and trends in China, Taiwan, Korea, Japan and Mongolia.
(Features)
... LLC.  On 12 May 2021, OT LLC’s 66% shareholder Turquoise Hill Resources Ltd. provided an update on underground development on the Oyu Tolgoi mining licence: The COVID-19 situation in Mongolia ...
Created on 28 June 2021
9. Partial shipments back on from Oyu Tolgoi to China
(Latest)
Turquoise Hill Resources, owner of the Oyu Tolgoi complex in Mongolia, said in an earnings and operational update that it has, in part, resumed its shipments to China, about two weeks after curtailing ...
Created on 21 April 2021
10. Made in Mongolia
(Around the Region)
...  One of the largest gold and copper deposits in the world, Oyu Tolgoi means “Turquoise Hill” and has been a source of copper for the Mongolian people dating back to the times of Genghis Khan in the 13th ...
Created on 16 September 2020
11. Rio Tinto confirms Oyu Tolgoi delay, increased costs
(Leading Developments)
...  Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34 per cent ownership, and Turquoise Hill Resources, which owns 66 per cent. Rio Tinto owns 50.8 per cent of Turquoise Hill Resources ...
Created on 16 September 2020
12. Rio Tinto confirms Oyu Tolgoi delay, increased costs
(Latest)
...  Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34 per cent ownership, and Turquoise Hill Resources, which owns 66 per cent. Rio Tinto owns 50.8 per cent of Turquoise Hill Resources ...
Created on 09 July 2020
13. Mongolian Parliament passes resolution on Rio Tinto’s Oyu Tolgoi
(Around the Region)
...  “The passing of this Resolution effectively re-confirms the validity of all the investment agreements between the Government of Mongolia, Rio Tinto and Turquoise Hill Resources,” commented the ...
Created on 29 April 2020
14. Rio Tinto committed to domestic power solution for Oyu Tolgoi
(Around the Region)
...  Oyu Tolgoi, Rio Tinto and Turquoise Hill Resources have expressed commitment to fulfilling all of the commitments under the Investment Agreement and are continuing to evaluate all viable power options, ...
Created on 09 May 2018
15. Oyu Tolgoi probe sees Mongolian former finance minister topple
(Latest)
... the giant mine, granting a 66% controlling stake to the company. Ivanhoe Mines subsequently changed its name to Turquoise Hill Resources and is now majority-owned by Anglo-Australian mining giant Rio ...
Created on 06 April 2018
16. ON THE MOVE - 1st Quarter 2018
(People)
... principles of services and support for BEUMER products. Stephen Jones has been appointed to Turquoise Hill Resources’ Board of Directors. He has more than 20 years of experience working for Rio Tinto ...
Created on 09 March 2018
17. Siemens to power OT conveyors
(Around the Region)
... Tolgoi mine complex is a joint venture between the Mongolian government and Turquoise Hill Resources with Rio Tinto as the majority owner of Turquoise Hill Resources.  ...
Created on 08 March 2018
18. OT gold production to double in 2018
(Around the Region)
AS Turquoise Hill Resources gears up to begin underground production from the Oyu Tolgoi (OT) Copper-Gold Project in 2020, it expects the open pit operations to more than double gold production during ...
Created on 08 March 2018
19. Mongolia ready to hitch a ride on copper
(Features)
... Project, which is majority owned by Rio Tinto through Turquoise Hill Resources, but also for the junior explorers – Xanadu Mines, Kincora Copper and Erdene Resource Development Corp – who have prospective ...
Created on 08 March 2018
20. OT underground conveyor from thyssenkrupp
(Product News)
... operating at an hourly design tonnage of 7100 tons. First production from underground is expected in 2020. The OT mine complex is a joint venture between the Government of Mongolia and Turquoise Hill ...
Created on 08 November 2017
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About The ASIA Miner

The ASIA Miner is a quarterly magazine published in English and Chinese by SEMCO Publishing, providing extensive coverage to the mining industry and is essential reading for those serious about doing mining business in the Asia Pacific region. The ASIA Miner team in Melbourne, Orange and Jakarta not only scour the region for news but are often contacted by companies seeking information about the region or seeking referrals to related companies.

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