Oyu Tolgoi ahead of schedule Ivanhoe
Dec 13, 2010 | 12:14 PM
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Copper and gold concentrate production at Ivanhoe Mines Ltd.'s Oyu Tolgoi Mine in southern Mongolia could start by the fourth quarter of 2012, several months earlier than the company originally projected.
"Our ramp-up to full-scale construction during 2010 was so successful that we are now targeting to deliver the first ore to the concentrator up to six months earlier than previously projected," Ivanhoe president John Macken said in a statement. "Oyu Tolgoi should be making its first sales of copper and gold in concentrate produced from ore from the Southern Oyu open pit during the fourth quarter of 2012." ....
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