Turquoise Hill Mining News

Mongolian herders ink historic agreement with Oyu Tolgoi mine, government

Accompanied by OT Watch and Accountability Counsel, herders in the South Gobi used the IFC’s complaint office to negotiate agreement.

Rio Tinto in search of next Oyu Tolgoi in Mongolia

Mongolia’s renewed efforts to attract foreign investment it’s bearing its first fruits.

Turquoise Hill revenue surprise lifts shares 6%

Vancouver-based company's Mongolian copper and gold mine expected to be the world's third largest after underground expansion.

Erdene Resource moving forward with flagship project in Mongolia

While the company had other projects in the country, the Bayan Khundii gold project went from greenfield prospect to being its main asset in roughly nine months.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

Oyu Tolgoi resumes copper shipments to China

Move follows extensive talks with Chinese and Mongolian authorities.

Rio Tinto says halt of copper shipments from Oyu Tolgoi ‘a bump in the road’

Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.

Mongolia readies to revive its giant Tavan Tolgoi coal mine

Erdenes Tavan Tolgoi (ETT), the state-owned company that holds the license to the deposit, has already begun evaluating bids and calculating the potential economic benefits of restarting it.

Oyu Tolgoi copper, gold production drops

Lower grades and reduced mining at open pit expected with massive underground expansion of Mongolian mine at least five years away.

Canada’s Erdene Resource sees bright future after striking gold in Mongolia

The company's Bayan Khundii project went from greenfield prospect to the company’s flagship asset in roughly nine months.

Turquoise Hill soars on Rio Tinto increasing stake rumours

The mining giant is said to have hired Goldman Sachs as an adviser to look at a two-step wrap-up of the Vancouver-based firm.

Rio Tinto goes ahead with $5.3 billion expansion of Oyu Tolgoi

Construction of the massive mine's underground portion will begin within months, with first production expected by 2020.

Milbank awarded for Oyu Tolgoi mining deal representation

During the PFI Awards Dinner held in London on Feb. 3.

Rio Tinto closes $4.4 billion financing deal for Oyu Tolgoi mine

The $4.4 billion deal involved international financial institutions and export credit agencies representing the governments of the U.S., Canada and Australia, along with 15 commercial banks.

Rio Tinto $4 billion financing deal for Oyu Tolgoi imminent — report

The agreement, which is said to involve up to 15 banks, could be signed as early as Wednesday.

Turquoise Hill jumps on 2016 guidance

Vancouver-based company said it is waiting for "final notice to proceed" for $5 billion expansion of giant copper-gold mine in Mongolia mine.

Copper prices may weigh on Rio Tinto’s looming decision on Oyu Tolgoi expansion

The company said it would announce a final decision on the matter early next year.

Nothing for punters when Rio buys out Turquoise Hill

Rio will buy all of Turquoise Hill soon says new report, but 'there's no incentive to promote the true value' of Vancouver co's giant Mongolia copper mine.

Mongolia to sell stake in its giant Tavan Tolgoi coal mine

The move is part of a plan to sell the government's holdings in 10 state-owned companies over this year and next to boost foreign investment and revive growth.

Mongolia’s mining sector ready to take off again — Erdene Resource

The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.

Mongolia halts landmark deal with foreign firms over massive coal mine

The country's parliament decided Tavan Tolgoi needs the approval of legislators before going ahead.

Turquoise Hill surges after Oyu Tolgoi expansion okayed

After two years of bitter wrangling Mongolian cabinet approves Vancouver firm's $5 billion expansion of massive copper-gold mine in Gobi desert.

Mongolia greatly responsible for Rio’s Oyu Tolgoi troubles – PM

Prime Minister Chimed Saikhanbileg said Friday his country should take charge of how long a dispute a expansion of the copper and gold mine has taken.

Tax breakthrough at Rio Tinto's Mongolia copper mine — source

Rio Tinto and Mongolia have made a breakthrough in a tax dispute that has been among issues stalling development of the $6.5 billion Oyu Tolgoi copper mine, according to an official familiar with the government's position.

Mongolia fined $100M for expropriating uranium mine

An international arbitration tribunal has ordered Mongolia to fork over $100 million for expropriating the Dornod uranium project from Khan Resources (CNSX:KRI) back in 2009.