Rio Tinto Group is an Anglo-Australian multinational company that is the world's second-largest metals and mining corporation. It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions. Although primarily focused on extraction of minerals, it also has significant operations in refining, particularly the refining of bauxite and iron ore. It has joint head offices in London and Melbourne.
Robert Martin Friedland is an American/Canadian billionaire financier in the mining industry. Since the early 1980s, he has specialized in securing funding for the exploration and development of mineral and energy resources and technology ventures. He is the founder and chairman of his private, family-owned firm, Ivanhoe Capital Corporation, which is active in capital markets, focused on emerging markets. He is the founder and co-chairman of Ivanhoe Mines – a Canadian public company listed on the Toronto and OTCQX exchanges.
Aluminum Corporation of China Limited, is a Chinese company listed in Hong Kong and in New York. A multinational aluminium company, its headquarters are in Beijing, People's Republic of China. It is the world's second-largest alumina producer and third-largest primary aluminium producer.
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.
The Oyu Tolgoi mine, also Oyuutolgoi, is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province capital Dalanzadgad. The site was discovered in 2001 and is being developed as a joint venture between Turquoise Hill Resources with 66% ownership and the Government of Mongolia with 34%. The mine began construction as of 2010 and shipped its first batch of copper on 9 July 2013.
The Nariin Sukhait or Ovoot Tolgoi mining complex is located in the Gurvan tes sum (district) of Ömnögovi Province in Southern Mongolia. The site is 25 km SE from sum center and 56 km north of Shivee Khüren - Ceke crossing point on the Mongolian-Chinese border.
Lundin Mining Corporation is a Canadian company that owns and operates mines in Sweden, United States, Chile, Portugal and Brazil that produce base metals such as copper, zinc, and nickel. Headquartered in Toronto, the company was founded by Adolf Lundin and operated by Lukas Lundin. While it was incorporated to pursue an interest in a diamond mine in Brazil, the company re-structured and raised funds to develop the Storliden mine in Sweden. It purchased the Swedish Zinkgruvan Mine from Rio Tinto and then merged with Arcon International Resources for its Galmoy Mine in Ireland and Eurozinc for its Neves-Corvo mine in Portugal. The company subsequently purchased and operated the Eagle mine, Candelaria mine, and Chapada mine.
Canada–Mongolia relations are foreign relations between Canada and Mongolia. Both countries established diplomatic relations on November 30, 1973. Canada has been represented in Mongolia through an embassy since 2008. Mongolia has an embassy in Ottawa, and in 2002 opened an Honorary Consulate in Toronto. Though Canada and Mongolia established diplomatic ties in 1973, ad hoc linkages and minor activities occurred between the two countries mainly through the Canada-Mongolia Society, which disbanded in 1980. When Mongolia formed a democratic government in 1991 after the collapse of the Soviet Union, Canada began to support Mongolia with donor activities through the International Development Research Centre, Canadian International Development Agency and several non-governmental organizations.
China National Gold Group Corporation (中国黄金集团有限公司) is a centrally state owned Chinese gold corporation primarily engaged in the mining and refining of gold, silver, copper, and molybdenum.
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce, that is, how much money it costs them to mine the gold. Since gold prices are the same everywhere, companies with lower costs per ounce make more profit. The most common method lists by market capitalization which considers the total value of capital holdings by that company. Also considered when comparing companies is their market capitalization per ounce of gold equivalent which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis.
Hugo T. Dummett (1940–2002) was a South African mineral-exploration geologist who is best known for his role in the discovery of the Ekati Diamond Mine in the Barren Lands of Canada's Northwest Territories. Dummett has been described as "the brains, the ideas and the energy" behind the discovery of Ekati, which led to the creation of a new Canadian diamond-mining industry.
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discoveries in the Democratic Republic of Congo (DRC), the Platreef palladium-platinum-nickel-copper-rhodium-gold discovery in South Africa, and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC. Ivanhoe also is exploring for new copper discoveries on its wholly owned Western Foreland exploration licences in the DRC, near the Kamoa-Kakula Project.
Khanbumbat Airport, also Oyu Tolgoi Airport, is an airport in Khanbogd, Ömnögovi, Mongolia. The airport's construction was funded by the adjacent Oyu Tolgoi mine. It is the second airport in passenger traffic in Mongolia after Buyant-Ukhaa International Airport. The airport serves nearly 100,000 passengers annually.
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. Coal, copper, and gold are the principal reserves mined in Mongolia. Several gold mines are located about 110 kilometres (68 mi) north of Ulaanbaatar, such as Boroo Gold Mine and Gatsuurt Gold Mine. Khotgor Coal Mine is an open-pit coal mining site about 120 kilometres (75 mi) west of Ulaangom. Ömnögovi Province in the south of Mongolia is home to large scale mining projects such as the Tavan Tolgoi coal mine and the Oyu Tolgoi copper mine. Oyu Tolgoi mine is reported to have the potential to boost the national economy by a third but is subject to dispute over how the profits should be shared. The International Monetary Fund (IMF) has estimated that 71 percent of the income from the mine would go to Mongolia.
The Windfall tax or windfall profits tax in Mongolia was a taxation on the profits made by mining companies operating in Mongolia. It was implemented in 2006 and was the highest windfall profits tax in the world. It was a tax on unsmelted copper and gold concentrate that was produced in Mongolia. The tax was repealed in 2009 and phased out over two years. Repealing the 68% tax law was considered essential to enable foreign mining companies to invest in mineral resources development of Mongolia.
Copper mining in Mongolia is a major industry and source of income for the country. There are only two companies that produce copper concentrate, Erdenet Mining Corporation, a Mongolian-Russian joint venture, and the Oyu Tolgoi mine, a joint venture between Rio Tinto Group, Turquoise Hill Resources, and the Government of Mongolia. Until 2010 copper was Mongolia's largest export.
Bayanjargal Byambasaikhan is a Mongolian business executive specialized in energy, infrastructure and mining investment and financing. He played leading roles in closing several of Asia's landmark project finance transactions. He is known as the clean energy pioneer in Mongolia having successfully developed and commissioned the country's first utility scale wind power project. This paved way for half a billion dollars of private sector investment in Mongolia’s renewables industry through 2019. Byambasaikhan's interests are in areas of energy, clean energy and regional infrastructure connectivity.
North Limited was a diversified mining and resources company. Although based in Australia, its operations eventually extended to six continents. By the late 20th century the company had become the fourth largest iron ore exporter in the world with expansion underway which would have made it equal third. Its biggest asset was a majority stake in Robe River, a major miner of the Pilbara iron ore deposits of Western Australia and the world's lowest cost producer of iron ore.
SouthGobi Resources is a coal mining company listed on the Hong Kong Stock Exchange and Toronto Stock Exchange. The company's primary asset is a coal mine and development projects of coal assets in Mongolia.
Aethel Mining is a British mining company headquartered in London and owned by Ricardo Santos Silva and Aba Schubert. Aethel Mining is the operator of the Torre de Moncorvo mines in Portugal, the largest private iron ore deposit in Europe.
124% [3] 
US$(570.37) mil (2011) [3] 
