Rio Tinto (LSX:RIO) has begun a new exploration programme in Mongolia’s Gobi desert in search of the next Oyu Tolgoi after a five year break. It is a positive sign for Mongolia which has struggled economically following a collapse in foreign investment, declining commodity prices and...
Rio Tinto CEO Jean-Sebastian Jacques has stressed the suspension of copper exports from the Mongolian Oyu Tolgoi mine will be resolved shortly. Last week Chinese authorities closed a border crossing from Mongolia, halting exports and causing a 60km traffic jam as trucks laden with copper queued...
Rio Tinto (LSX:RIO) and its partners, the Government of Mongolia and Turquoise Hill Resources, have approved the next stage in the development in the Oyu Tolgoi copper and gold mine in Mongolia. The development of the underground mine will commence in mid-2016 following the approval of a...