Gatsuurt Gold Mine

Last updated

Gatsuurt Gold Mine is a planned open-pit gold mining site in Mandal sum (district) of Selenge Province, Mongolia. Gatsuurt gold mine is 35 kilometers east of Boroo Gold Mine.

History

Gatsuurt had initially been developed by the Canadian mining company Centerra Gold. However, the project encountered permitting delays with the Mongolian government and pressure from local activists. [1] The Save Mount Noyon Movement, a local group, formed to oppose the mine's construction due to worries about the environment's impact on nearby rivers and meadows as well as access to Mount Noyon, a site of prayer. [2]

Centerra Gold eventually gave up entirely on Mongolia. [1] It sold its Mongolian business unit (including the Boroo project and related infrastructure as well as the Gatsuurt development property) to OZD Asia Pte Ltd., a private Singapore based company. [1]

Related Research Articles

<span class="mw-page-title-main">Mindoro</span> Island in the Philippines

Mindoro is the seventh largest and eighth-most populous island in the Philippines. With a total land area of 10,571 km2, it has a population of 1,408,454, as of the 2020 census. It is located off the southwestern coast of Luzon and northeast of Palawan. Mindoro is divided into two provinces: Occidental Mindoro and Oriental Mindoro. Calapan is the only city in the island while San Jose is the largest settlement on the island with a total population of 143,430 inhabitants as of 2015. The southern coast of Mindoro forms the northeastern extremum of the Sulu Sea. Mount Halcon is the highest point on the island, standing at 8,484 feet (2,586 m) above sea level located in Oriental Mindoro. Mount Baco is the island's second highest mountain with an elevation of 8,163 feet (2,488 m), located in the province of Occidental Mindoro.

<span class="mw-page-title-main">Cobar</span> Town in New South Wales, Australia

Cobar is a town in central western New South Wales, Australia whose economy is based mainly upon base metals and gold mining. The town is 712 km (442 mi) by road northwest of the state capital, Sydney. It is at the crossroads of the Kidman Way and Barrier Highway. The town and the local government area, the Cobar Shire, are on the eastern edge of the outback. At the 2016 census, the town of Cobar had a population of 3,990. The Shire has a population of approximately 4,700 and an area of 44,065 square kilometres (17,014 sq mi).

<span class="mw-page-title-main">Barrick Gold</span> Canadian mining company

Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2023, it produced 4.05 million ounces of gold at all-in sustaining costs of $1,335/ounce and 420 million pounds of copper at all-in sustaining costs of $3.21/pound. As of 31 December 2023, the company had 77 million ounces of proven and probable gold reserves.

<span class="mw-page-title-main">Eldorado Gold</span>

Eldorado Gold Corporation is a Canadian company that owns and operates gold mines in Turkey, Greece and Canada. Since its merger with European Goldfields in 2011 the company has been pursuing the development of the Skouries mine, Olympias mine and Stratoni mine in Greece. The company previously developed and operated gold mines in China, Brazil and Mexico. Headquartered in Vancouver and listed on the Toronto and New York Stock Exchanges, Eldorado Gold has developed and operated assets from several merged companies HRC Developments Corporation, Afcan Mining Corporation, Sino Gold Mining, Brazauro Resources, Integra Gold, as well as European Goldfields.

<span class="mw-page-title-main">Cameco</span> Canada uranium company

Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.

Goldcorp Inc. was a gold production company headquartered in Vancouver, British Columbia, Canada. The company stood among the largest gold producers in the world, employed about 15,800 people worldwide, engaged in gold mining and related activities including exploration, extraction, processing and reclamation. Goldcorp’s operating assets included eleven mines in North and South America.

The Noin-Ula burial site consist of more than 200 large burial mounds, approximately square in plan, some 2 m in height, covering timber burial chambers. They are located by the Selenga River in the hills of northern Mongolia north of Ulaan Baatar in Batsumber sum of Tov Province. They were excavated in 1924–1925 by Pyotr Kozlov, who found them to be the tombs of the aristocracy of the Xiongnu; one is an exceptionally rich burial of a historically known ruler of the Xiongnu, Wuzhuliu, who died in 13 CE. Most of the objects from Noin-Ula are now in the Hermitage Museum in Russia, while some artifacts unearthed later by Mongolian archaeologists are on display in the National Museum of Mongolian History, Ulaan Baatar. Two kurgans contained lacquer cups inscribed with Chinese characters believed to be the names of Chinese craftsmen, and dated September 5 year of Tsian-ping era, i.e. 2nd year BCE.

<span class="mw-page-title-main">Kumtor Gold Mine</span> Kyrgyzstan

The Kumtor mine is one of the largest gold mines in Central Asia. The mine has been producing gold since 1997 and has produced over 13.8 million ounces of gold as of June 30, 2022. At 13,000 feet, the mine is the second-highest in the world, behind only Yanacocha in Peru.

<span class="mw-page-title-main">Centerra Gold</span> Canadian mining company

Centerra Gold Inc. is a Canadian mining company that owns and operates the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Turkey. Through its Thompson Creek Metals subsidiary company, it also owns the Endako and Thompson Creek molybdenum mines in British Columbia and Idaho, respectively, though they have been inactive since Centerra's acquisition. The company formerly owned and operated the Kumtor Gold Mine in the Kyrgyz Republic and the Boroo Gold Mine in Mongolia. Headquartered in Toronto, Centerra Gold is a public company with shares traded on the Toronto Stock Exchange and New York Stock Exchange.

Boroo Gold Mine is an open-pit gold mining site in Bayangol and Mandal sums (districts) of Selenge Province in northern Mongolia. Gatsuurt Gold Mine is 35 E from Boroo Gold Mine.

<span class="mw-page-title-main">El Dorado Gold Mine</span>

The El Dorado Gold Mine is a gold mine and tourist attraction at the unincorporated community of Fox, near Fairbanks, Alaska. Founded in the early 1900s, the El Dorado mine underwent a gradual transformation in the latter half of the 20th century into an informational mine and tour destination. The El Dorado Gold Mine is owned by Alaska Riverways, Inc., and is located 10 miles north of Fairbanks on the Elliot Highway.

<span class="mw-page-title-main">Tavan Tolgoi</span> Coal mine in Ömnögovi, Mongolia

Tavan Tolgoi is one of the world's largest untapped coking and thermal coal deposits, located in the Ömnögovi Province in southern Mongolia. It has a total estimated resource of 6.4 billion tonnes, one quarter of which is high quality coking coal. It is divided into six sections: Tsankhi, Ukhaa Khudag, Bor tolgoi, Borteeg, and Southwest and Eastern coalfields. The Tsankhi section is the largest part, and is divided into East and West Tsankhi - these have had the most focus recently.

Mandal is a sum (district) of Selenge Province in northern Mongolia. The Züünkharaa city is Mandal sum center. The Kherkh urban-type settlement is 5 km south from Züünkharaa city center, separated with Kharaa Gol river. The Tünkhel urban-type settlement is 44 km SE from Züünkharaa city center. The population of Mandal sum is 25,600 as of 2014.

<span class="mw-page-title-main">Kemess Mine</span> Mine in Thutade Lake, British Columbia, Canada

The Kemess Mine was an open-pit copper and gold mine, located just northeast of the foot of Thutade Lake, at the head of the Finlay River, in the Omineca Mountains of the Northern Interior of British Columbia, Canada. It was operated by Royal Oak Mines from 1998 to 1999, when it was bought by Northgate Minerals. Northgate operated the mine until its closure in 2011; that year Northgate was taken over by AuRico Gold. In 2014 AuRico Gold partitioned off its portion of Kemess Mine ownership creating a new company called AuRico Metals.

Tünkhel is a town in the Mandal district of Selenge Province in northern Mongolia. Formerly a timber hamlet, Tünkhel experienced a gold rush following the discovery of gold in 1991. Its population expanded from 200 to 3,800 residents in just a few years.

<span class="mw-page-title-main">Thompson Creek Metals</span> Full cycle mining company in North America

Thompson Creek Metals Company Inc. was a full cycle mining company with acquisition, exploration, development, and operation in North America. The corporate office was located in Denver, Colorado. The company primarily produced copper, gold, and molybdenum. Over its history, the Company evolved from being a major primary molybdenum producer to becoming a copper and gold mining company with the construction and development of the Mount Milligan mine and concentrator in British Columbia, Canada. Mount Milligan was Thompson Creek Metals principal operation and the company owned 100% of this property. The company also owned 100% of its Thompson Creek Mine in Idaho. Thompson Creek Metals owned 75% joint venture interest in two other properties, including its Endako Mine in British Columbia, and its Langeloth Metallurgical Facility (roaster) in Pennsylvania. Thompson Creek Metals had additional development projects, including the Berg property in British Columbia.

European Goldfields Ltd. was an EU-focused, Whitehorse based Canadian precious metals company engaged in gold, silver and copper exploration, development and production. The mining rights it owned to land in Greece, Romania and Turkey gave it access to over 10 million ounces of 2P gold reserves in addition to over 80 million ounces of silver.

AuRico Gold was an intermediate gold mining and exploration company that, until August 2011, operated only in Mexico. It reached intermediate gold producer status in August 2011 when Northgate Minerals agreed to be taken over for C$1.46 billion. Gammon Gold was an exploration company until 2004 when it started producing for the first time. Assets also include silver and copper.

<span class="mw-page-title-main">Mining in Mongolia</span> Economic sector of Mongolia

Mining is important to the national economy of Mongolia. Mongolia is one of the 29 resource-rich developing countries identified by the International Monetary Fund and exploration of copper and coal deposits are generating substantial additional revenue.

References

  1. 1 2 3 "Centerra sells Mongolia business for US$35M". Mining Journal. October 13, 2018.
  2. "Mongolians Protest Centerra Gold Mine". The Diplomat. May 22, 2015.

48°38′09″N106°38′02″E / 48.63583°N 106.63389°E / 48.63583; 106.63389