Developments by product Turquoise Hill Resources
1 developments product
1.1 coal
1.2 molybdenum, silver, rhenium, uranium, lead, zinc
1.3 copper, gold
1.3.1 kyzyl gold project
developments product
coal
nariin sukhait (ovoot tolgoi, flagship coal mine producing, 114.1 million tonnes in reserves), , 2 development projects, soumber deposit (55.5 million tonnes in reserves) , ovoot tolgoi underground deposit. ivanhoe exited these operations on april 2, 2012 when sold 57.6% interest in southgobi resources inc chalco $889 million.
ivanhoe developed many other mines in mongolia including ovuut tolgoi coal mine.
molybdenum, silver, rhenium, uranium, lead, zinc
the mines, acquired in 2003 located @ mount isa, cloncurry largest project being merlin mine has world s highest grade molybdenum-rhenium deposit,; other tennant creek. has acquired barrick gold s osborne asset near merlin ($18 million needed complete purchase) has ore processing operating plant
copper, gold
oyu tolgoi (isn t scheduled begin production until 2013) has measured , indicated reserves of @ least 36.3 billion pounds of copper , 20.2 million ounces of gold. newly discovered deposits @ oyu tolgoi add substantially measured , indicated reserves estimates.
oyu tolgoi, world s largest gold, 3rd largest copper , gold mine still requires $4.6 billion in investment before construction complete in 2012; annual production scheduled 544,000 tonnes copper , 650,000 ounces gold.
kyzyl gold project
in northern kazakhstan; according independent pre feasibility study uk engineering , consultant group scott wilson ltd. mine s reserves estimated @ 3.3 million ounces , mine life 10 years.
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