Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi | Canadian Mining Journal: "By: The following article is reprinted with permission from CMJ's sister publication The Northern Miner.
2012-08-29
Turquoise Hill Resources, formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up with initial production expected to start by year-end.
Oyu Tolgoi – Mongolian for “turquoise hill” – got its name from the colour of rocks in the area that contained patches of oxidized copper.
The property is 550 km south of the country’s capital, Ulaanbaatar, and comprises several deposits hosting copper, gold, silver and molybdenum mineralization. The deposits are part of the 26-km-long Oyu Tolgoi trend, sitting some 80 km north of the China-Mongolia border."
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