Giant copper mine offers Mongolia a cash bonanza

Deep in the heart of the Gobi Desert in Mongolia amid a landscape of sand dunes and ice canyons, one of the world’s biggest copper mines is about to come on stream.

Anglo-Australian miner Rio Tinto and Canada’s Turquoise Hill Resources have jointly led construction of the US$6.2 billion Oyu Tolgoi mine which is expected to produce 450,000 tonnes of copper concentrate a year at its peak.

via Business feed http://www.scmp.com/business/commodities/article/1075030/giant-copper-mine-offers-mongolia-cash-bonanza