XINHAI

Rio Tintos Giant Mongolia Project Dealt Another Blow

Rio Tinto Group has another headache to deal with in Mongolia as the government looks set to lose a legal challenge to its agreement with the worlds secondbiggest miner.

Mongolia says Rios Oyu Tolgoi mine expansion to go ahead

Mongolia says Rios Oyu Tolgoi mine expansion to go ahead. Oyu Tolgoi ranks as Rio Tintos most important growth project. The coppergold mine is located in the South Gobi region of

Rio Tinto to spend $US5.3b on Oyu Tolgoi expansion in Mongolia

Rio Tinto's Oyu Tolgoi mine is one of the world's richest copper deposits. Credit Development will begin within months and first production from the

Rio Tinto Accused of $700 Million Tax Dodge on Mongolian Mine

Rio Tinto Group has been accused by a Dutch nonprofit group of avoiding about $700 million in taxes related to its Oyu Tolgoi copper mine in Mongolia. The company denied the allegations.

Rio Tintos Mongolian copper worries mount

Rio Tinto down 1.8% in New York could face higher costs on its $5.3 billion underground expansion of the giant coppergold mine in the South Gobi desert near the border with China.

Diamonds Rio Tinto

Rio Tinto Diamonds. Forty years ago in the Kimberley region of Western Australia after a decade of searching an area the size of France two of our geologists Frank Hughes and Warren Atkinson saw a small diamond embedded in an ant hill.

Oyu Tolgoi mine

Oyu Tolgoi Rio Tinto

Current infrastructure at Oyu Tolgoi will allow the mine to operate for decades to come. 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.

Oyu Tolgoi underground development

As well as containing reserves and resources that make it one of the world's largest coppergold deposits Oyu Tolgoi will have a transformative effect on the nation and the people of Mongolia.