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Rio Tinto aims to increase iron ore production in 2016

Despite weak iron ore prices, global mining giant Rio Tinto intends to increase its iron ore production from 327.6 Mt in 2015 to about 350 Mt in 2016. An increase in iron ore production is...

$4.4BN secured for Mongolia’s Oyu Tolgoi underground development

The development of Rio Tinto and Turquoise Hill Resources’ Oyu Tolgoi underground copper/gold mine in Mongolia took an important step on Tuesday with the signing of a US$4.4 billion project financing agreement. Funding was secured...

How mining companies can beat the mineral exploration crisis

There is a worldwide mineral exploration crisis, according to a new report by The Boston Consulting Group (BCG). The report, Tackling the Crisis in Mineral Exploration, addresses this very issue. Mining companies that shift their...

Rio Tinto Oyu Tolgoi underground project in Mongolia advances

The development of the Rio Tinto Oyu Tolgoi  underground copper-gold mine (expansion project) in Mongolia has taken a significant step forward today and is now one step closer to development start-up. This is following the...

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