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Entrée Resources Reports Progress at Oyu Tolgoi
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Entrée Resources Reports Progress at Oyu Tolgoi

Entree Gold Inc (TSE:ETG) has released an update.

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Entrée Resources Ltd. has reported its Q1 2024 financial results, highlighting ongoing progress at the Oyu Tolgoi project in Mongolia, where the Lift 1 underground mine continues strong performance. The mine, managed by Rio Tinto, is on track to become the world’s fourth-largest copper producer by 2030. Key developments include nearing completion of shaft sinking, with commissioning of various infrastructure components slated for H2 2024 and concentrator conversion due by Q2 2025.

For further insights into TSE:ETG stock, check out TipRanks’ Stock Analysis page.

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