• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Oyu Tolgoi Achieves Significant Development Milestone with Completion of Shaft 5 Sinking

    Written by Priscila Barrera
    |
    Mar. 21, 2018 09:37AM PST

    Turquoise Hill Resources today announced that Oyu Tolgoi has achieved a significant underground development milestone with the completed sinking of Shaft 5 at a final depth of 1,178 metres. During Q4’17, installation of the shaft exhaust fan commenced and is on target to be finished in early Q2’18. As quoted in the press release: Jeff …

    Turquoise Hill Resources today announced that Oyu Tolgoi has achieved a significant underground development milestone with the completed sinking of Shaft 5 at a final depth of 1,178 metres. During Q4’17, installation of the shaft exhaust fan commenced and is on target to be finished in early Q2’18.

    As quoted in the press release:

    Jeff Tygesen, Turquoise Hill Chief Executive Officer, said, “Underground development momentum continues to progress with the completed sinking of Shaft 5. Each milestone achieved takes Oyu Tolgoi closer to becoming the world’s third largest copper mine.”

    Click here for the full text release

    largest copper minecopper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    business people shaking hands

    5 Top Weekly TSX Stocks: B2Gold to Acquire Sabina for C$1.1 Billion

    Entrée Resources Announces Second Quarter 2025 Results

    Entrée Resources Announces Second Quarter 2025 Results

    Latest News

    Renforth Extends Surface Gold Mineralization In Channels On Wholly Owned Parbec Gold Deposit In Malartic, Quebec

    Getty Copper Expands Drill Program to Over 20,000 Metres Following Strong Getty South Results

    Steadright Announces $800k Private Placement

    Steadright Announces Expiry of Management Cease Trade Order

    Notice of Second Court Hearing

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Great Western Mining

    Great Western Mining  (GWMOF)
    GWMOF

    Culpeo Minerals

    Culpeo Minerals (CPO:AU)
    CPO:AU

    Pan Global Resources

    Pan Global Resources (PGZ:CC)
    PGZ:CC

    Red Metal Resources

    Red Metal Resources (RMES:CC)
    RMES:CC

    Copper Intelligence

    Copper Intelligence (CUAI)
    CUAI

    Getty Copper

    Getty Copper (GTC:CC)
    GTC:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES