KAZ team takes $900m bet on future of copper

A consortium led by KAZ Minerals chairman Oleg Novachuk and his fellow director Vladimir Kim this…

Rio Tinto awards Jacobs Engineering $5.3bn Oyu Tolgoi mining contract

Rio Tinto has awarded Jacobs Engineering the main contract to build the $5.3bn Oyu Tolgoi underground…

Rio Tinto and Mongolia set to sign $6bn Oyu Tolgoi financing agreement

The Mongolian government and Rio Tinto will officially sign an agreement finalising terms for the financing…

Oyu Tolgoi copper mine expansion still on, Rio Tinto assures investors

Rio Tinto’s Turquoise Hill Resources subsidiary has reassured investors that it expects to finalise financing for the $6.8bn …

$6bn Oyu Tolgoi mine expansion ‘no brainer’ – Rio Tinto

Rio Tinto this week insisted that its plans for a $6bn expansion of  the massive Oyu Tolgoi copper…

KAZ Minerals teams up with Chinese for copper and aluminium projects

KAZ Minerals, one of the world’s major copper producers, is looking to raise a further $3bn…

North Korea offers Russia copper in exchange for electricity

North Korea has offered Russia copper from its  Onsong deposit in exchange for electricity, the Ministry for…

Karaganda gold and copper mines secure $100m EBRD loan

Two companies involves in developing the Karaganda gold and copper mines in Kazakhstan have secured a $100m loan…

Rio Tinto signs up to Kazakh copper exploration JV in Karaganda

Rio Tinto, the British-Australian company metal and mining company has entered into a joint venture with Kazgeology to…

KAZ Minerals to invest $1.6bn in Aktogay and Bozshakol copper mines

KAZ Minerals, Kazakhstan’s  largest copper producer, this week announced that is to invest up to $1.6bn this…

Kazakhstan mining investment to reach $30bn by 2017

Kazakhstan mining investment:  Kazakhstan is in the process of drafting a new mining law that will…

Kazakhstan and Iran sign off on $500m in contracts

Kazakhstan and Iran sign off on $500m in contracts: Representatives of  the Kazakh and Iranian business  communities…

Kazakh gold exploration programme approved

A new five-year Kazakh gold exploration programme has been officially approved by the government, Deputy Minister of…

$1bn investment sought for Bystrinskoy copper mine

The world’s largest nickel and palladium producer Norilsk Nickel is looking to raise $1bn to finance the development of the Bystrinskoy…