Who owns Oyu Tolgoi mine?
the government of Mongolia
Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34% ownership, and Turquoise Hill Resources, which owns 66%. Rio Tinto owns 50.8% of Turquoise Hill Resources and manages the operation on behalf of the owners.
How many people work Oyu Tolgoi?
Ulaanbaatar, Mongolia – Oyu Tolgoi confirmed today that it now has 4,740 Mongolian and foreign employees and contractors working for the project based at the Oyu Tolgoi site, at the head office in Ulaanbaatar and at its regional office in Dalanzadgad. Expatriate and foreign employees and contractors now total 1,760.
How deep is Oyu Tolgoi mine?
While the upfront capital cost of block caving is considerable, it delivers much lower operating costs than other underground mining methods. The Underground Project involves sinking a total of 6.1 kilometres across five shafts and mining 203 kilometres of tunnel at a depth of 1.3 kilometres underground.
Which is the highest paid job in Australia?
Top 10 highest paying jobs in Australia
- Surgeon – $394,303.
- Anaesthetist – $386,065.
- Internal medicine specialist – $304,752.
- Financial dealer – $275,984.
- Psychiatrist – $235,558.
- Other medical practitioners – $222,933.
- Judicial or other legal professionals – $188,798.
- Mining engineer – $184,507.
Does Rio Tinto own Oyu Tolgoi?
Rio Tinto owns 50.8% of Turquoise Hill Resources, which owns 66% of Oyu Tolgoi. Oyu Tolgoi, in the South Gobi region of Mongolia, is one of the largest known copper and gold deposits in the world.
Who owns Oyu Tolgoi?
Oyu Tolgoi is jointly owned by the government of Mongolia, which has 34% ownership, and Turquoise Hill Resources, which owns 66%. Rio Tinto owns 50.8% of Turquoise Hill Resources and manages the operation on behalf of the owners.
What is the Oyu Tolgoi mine?
This opens in a new window. Oyu Tolgoi is a copper-gold mine in the Umnugovi aimag of Mongolia, approximately 550 kilometres south of the capital Ulaanbaatar. It holds one of the largest high-grade copper deposits in the world.
Does Rio Tinto own Turquoise Hill Resources?
Rio Tinto owns 50.8% of Turquoise Hill Resources and manages the operation on behalf of the owners. 1 The 500ktpa target (stated as recovered metal) for the Oyu Tolgoi underground and open pit mines is underpinned 17 per cent by Proved Ore Reserves and 83 per cent by Probable Ore Reserves for the years 2028-2036.