Oyu Tolgoi

[Partial extraction — source text contained corrupted prose sections; tables recovered where machine-readable] 66%-owned copper-gold mine in Mongolia's South Gobi (Government of Mongolia 34%): Oyut open pit plus the Hugo Dummett North underground block cave ramp-up. 2025 share of mine production 228 kt Cu (total 345 kt, +60%) and 301 koz Au as the underground ramped up. Probable reserves include Hugo Dummett North (374 Mt @ 1.56% Cu incl. ~1.9 Mt stockpiled) and Hugo North Extension (66% RT interest via 56% effective share).