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Ivanhoe Mines Seeks Out Copper In The Gobi Desert; 2 Ways To Play Gold. Mar. 27, 2012 11:21 AM ET GDX, GDXJ, TRQ, RIO 6 Comments. George Jarkesy. 35 Followers. Follow.
Growing demand for copper. Before it was a thriving mine, Oyu Tolgoi was little more than a hill in the vast desert. Bits of green copper glinted in exposed rock, and the herds of nearly a dozen ...
Sandvik Mining is supplying 17 loaders and two trucks to support the copper-gold mine in Mongolia’s South Gobi Desert.
Sandvik has secured an order valued at Skr270m ($28.3m) from Oyu Tolgoi LLC for underground mining equipment. The equipment, including loaders and trucks, will be used at the Oyu Tolgoi copper-gold ...
Mongolia has asked Rio Tinto , its partner in the huge Oyu Tolgoi copper and gold mine in the Gobi desert, not to further increase its estimated $7.06 billion budget for the project's expansion ...
The lump of copper ore beneath the brown scrub and sand of Mongolia’s Gobi desert is about the size of Manhattan and contains enough of the metal to meet world demand for two years.
Diversified miner Rio Tinto has officially launched the South Gobi Underground Mass Mining Institute (SGUMMI) at its Oyu Tolgoi copper mine, in collaboration with the University of Queensland.
The partners spent years mired in a tussle over development of the Gobi Desert mine which is the country's biggest foreign investment and is set to become the world's fourth largest copper mine by ...
The Gobi Desert’s frigid reputation stems largely from its location and elevation.Unlike hot deserts near the equator, the Gobi rests on a plateau around 1,500 meters (4,900 feet) above sea ...