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Oyu Tolgoi in the South Gobi region of Mongolia is one of the largest known copper and gold deposits in the world It is also one of the most modern safe and sustainable operations in the world When the underground is complete it will be the world s fourth largest copper mine Open pit mining began at Oyu Tolgoi in 2011 and the copper
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· DRA Global has been retained by Steppe Gold to lead the preparation of the Bankable Feasibility Study FS for Phase 2 of the Altan Tsagaan Ovoo ATO gold and silver project in the territory of Tsagaan Ovoo soum Dornod province of Eastern Mongolia The Phase 2 fresh rock expansion targets annual production of 150 000 oz gold equivalent at the 100% owned ATO Gold Mine project
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· A 21st century gold rush is taking place in Mongolia Its huge gold reserves were only discovered after the former Soviet satellite started democratic reforms in 1990 Now gold fever has gripped
· DRA Global has been retained by Steppe Gold to lead the preparation of the Bankable Feasibility Study FS for Phase 2 of the Altan Tsagaan Ovoo ATO gold and silver project in the territory of Tsagaan Ovoo soum Dornod province of Eastern Mongolia The Phase 2 fresh rock expansion targets annual production of 150 000 oz gold equivalent at the 100% owned ATO Gold Mine project
History In 2001 Canadian based Ivanhoe Mines estimated the resource gold copper ore deposit in the Gobi Desert of Mongolia which Soviets had discovered officially before 1990 It is in an area known as Oyu Tolgoi Mongolian for Turquoise Hill where in the time of Genghis Khan outcropping rocks were smelted for copper The place was suspected to have mineralization by Mongolian geologists
