There's GOLD in them there Turquoise Hills..not just Copper #6 | OYU TOLGOI | 46,340,000 Oz Gold Location: South Gobi Desert, MONGOLIA
At #6 on our list is Oyu Tolgoi, owned jointly by Rio Tinto (34%), Turquoise Hill (32%) and Mongolia (34%). This is another newly developed mammoth deposit located in the remote southern reaches of Mongolia. The mine cost the princely sum of US$6.6B to develop and went into production in January 2013. In addition to its 46Moz+ of gold, it also contains over 40 billion pounds of copper worth US$140B. It's really a copper mine masquerading as a gold mine. It will also be one of the largest gold and copper producers on earth as it ramps up to full production.
