Rio Tinto’s C$3.3 billion takeover bid of TurquoiseHillResources has effectively been put on hold after the latter postponed a shareholder vote until an undetermined date.
The global miner recently ...
One week after coming to an agreement in principle, Rio Tinto has entered a binding agreement to acquire full ownership of TurquoiseHillResources – picking up the 49% remaining stake it does not already ...
... building initiatives.”
You Tolgoi, an asset of TurquoiseHillResources (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 ...
Rio Tinto has taken interest in acquiring the remaining shares it does not already own of TurquoiseHillResources and the Oyu Tolgoi copper operation in Mongolia in a $2.7 billion cash proposal.
In ...
Rio Tinto, TurquoiseHillResources and the Mongolian government have reached an agreement that will move the Oyu Tolgoi project forward, resetting the relationship between the partners and increasing ...
Oyu Tolgoi partial owner TurquoiseHillResources has commented on a third-party consulting report reviewing the ballooning costs and timeline for the Mongolian project, confirming it will be seeking clarifications ...
Oyu Tolgoi partial owner TurquoiseHillResources has commented on a third-party consulting report reviewing the ballooning costs and timeline for the Mongolian project, confirming it will be seeking clarifications ...
... LLC.
On 12 May 2021, OT LLC’s 66% shareholder TurquoiseHillResources Ltd. provided an update on underground development on the Oyu Tolgoi mining licence:
The COVID-19 situation in Mongolia ...
TurquoiseHillResources, 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 ...
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One of the largest gold and copper deposits in the world, Oyu Tolgoi means “TurquoiseHill” and has been a source of copper for the Mongolian people dating back to the times of Genghis Khan in the 13th ...
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Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34 per cent ownership, and TurquoiseHillResources, which owns 66 per cent. Rio Tinto owns 50.8 per cent of Turquoise Hill Resources ...
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Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34 per cent ownership, and TurquoiseHillResources, which owns 66 per cent. Rio Tinto owns 50.8 per cent of Turquoise Hill Resources ...
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“The passing of this Resolution effectively re-confirms the validity of all the investment agreements between the Government of Mongolia, Rio Tinto and TurquoiseHillResources,” commented the ...
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Oyu Tolgoi, Rio Tinto and TurquoiseHillResources have expressed commitment to fulfilling all of the commitments under the Investment Agreement and are continuing to evaluate all viable power options, ...
... the giant mine, granting a 66% controlling stake to the company.
Ivanhoe Mines subsequently changed its name to TurquoiseHillResources and is now majority-owned by Anglo-Australian mining giant Rio ...
... principles of services and support for BEUMER products.
Stephen Jones has been appointed to TurquoiseHillResources’ Board of Directors. He has more than 20 years of experience working for Rio Tinto ...
... Tolgoi mine complex is a joint venture between the Mongolian government and TurquoiseHillResources with Rio Tinto as the majority owner of Turquoise Hill Resources. ...
AS TurquoiseHillResources 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 ...
... Project, which is majority owned by Rio Tinto through TurquoiseHillResources, but also for the junior explorers – Xanadu Mines, Kincora Copper and Erdene Resource Development Corp – who have prospective ...
... 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 TurquoiseHill ...