Turquoise Hill Resources Ltd
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MINING PEOPLE: Coral Gold, Crystal Lake, Hudbay, Liberty Gold, Minco, Nemaska Lithium, NuLegacy, Sable, Triumph Gold, Troilus, Turquoise Hill, Yorbeau
Nathan Harte has been appointed as Coral Gold’s chief financial officer; Harte is an accountant and is also the CFO for Avino Silver & Gold. Jennifer North is Coral Gold’s new director of corporate communications, overseeing the company’s communication and…
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Turquoise Hill faces legal challenge at Oyu Tolgoi
Last week, Turquoise Hill Resources reported that a lawsuit previously lodged by a Mongolian non-governmental organization (NGO) group was apparently upheld by the country’s Administrative Court. The challenge, brought by NGO group Darkhan Mongol Nogoon Negdel, alleges due process was not properly…
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COPPER: Oyu Tolgoi underground costs jump 35%, says Rio Tinto
MONGOLIA – Big mining projects come with big price tags, and the Oyu Tolgoi copper-gold mine in the South Gobi area is no exception. The operator and 50% owner Rio Tinto says the cost to complete the underground portion of…
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MINING PEOPLE: Turquoise Hill, AME, Independence Gold, and Orestone
Turquoise Hill Resources, headquartered in Vancouver, has named Jo-Anne Dudley its COO. She has 25 years of experience, and has for the last nine years been a key member of the Oyu Tolgoi copper mine technical team. Most recently she…
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COPPER-GOLD: Turquoise Hill production guidance levels off in 2019
MONGOLIA – Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 oz. of gold in concentrates this year, Turquoise Hill Resources reports. Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1%…
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COPPER-GOLD: Turquoise Hill updates progress of underground development
MONGOLIA – As the pit exhausts it resources, mining is moving underground at the Oyu Tolgoi copper-gold mine in the South Gobi area. Owner Turquoise Hill Resources of Vancouver updates the progress. Rio Tinto, holder of a 51% interest in…
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COPPER-GOLD: Turquoise Hill reaches shaft sinking milestone
MONGOLIA – Vancouver-based Turquoise Hill Resources says it has reached a significant development milestone at its Oyu Tolgoi underground copper-gold mine in the South Gobi region – The No.5 ventilation shaft has been sunk to its final depth of 1,178…
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COPPER-GOLD: Turquoise Hill to lift force majeure at Oyu Tolgoi
MONGOLIA – Turquoise Hill Resources of Vancouver announced that effective March 1, 2018, that the Oyu Tolgoi copper-gold mine will lift its force majeure notice. Turquoise Hill declared force majeure on Jan. 17, 2018, as protestors blocked the main access…
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COPPER-GOLD: Second shaft ready to fit at Oyu Tolgoi
MONGOLIA – Vancouver-based Turquoise Hill Resources says it had reached a milestone at the Oyu Tolgoi copper-gold mine as the second shaft has reached its planned depth of 1,284 metres. It will be fitted out through this year. The No.2…
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CONVEYORS: ThyssenKrupp to send gearless models to Oyu Tolgoi underground mine
MONGOLIA – One of the richest underground copper deposits in the world will soon be accessed with the help of high capacity gearless driven conveyors from ThyssenkKrupp. The industrial solutions business area has won a contract to supply a material…
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BIGGEST: MINING.com lists 50 largest miners by capitalization
VANCOUVER – Thanks to the diligent work of MINING.com and IntelligenceMine, we now have a list of the world’s largest mining companies by capitalization (reported in U.S. dollars). “At the end of the first quarter this year the top 50…
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Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long term prospects. There’s some disagreement over the timeline for recovery, but typical analyst models assume a supply deficit for the red metal…
