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Oyu Tolgoi underground development approved

By:  
Creamer Media Senior Deputy Editor: Australasia
 
COPPER-GOLD
Mining major Rio Tinto and its joint venture partners in the Oyu Tolgoi copper-gold mine, in Mongolia, have approved the development of an underground operation, slated to start in mid-2016. The new operation would require a capital investment of $5.3-billion, and first production was expected in 2020.
 
 
 
 
 

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