All timeline events.
Mongolia experiences a mining boom. Global copper prices peak.[1] The copper prices reach USD 4.50/lb in April 2011. In January 2009 this was still USD 1.5/lb. See this chart: http://www.infomine.com/investment/metal-prices/copper/10-year/
[1] https://www.nasdaq.com/market-activity/commodities/hg%3Acmx retrieved 7 September 2018
The first phase of Oyu Tolgoi open pit construction begins[1].
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Mongolia receives the second World Bank Development Policy credit worth USD 29,7 million
Rio Tinto becomes the operator of Oyu Tolgoi and with Ivanhoe seeks to complete an international project-finance package of up to USD 3.6 billion.
The Oyu Tolgoi Investment Agreement[1] is signed by Rio Tinto, Ivanhoe Mines and the Mongolian government. It lasts for 30 years with a possible additional 20 year, involving a USD 4 billion investment in the completion and operation of the copper mine. The agreement will freeze tax rates and royalty payments. The agreement took 6 years of negotiation. The World Bank perceives the agreement “to be the model agreement for future mining projects…” (2009:15) Read more
Ivanhoe and Rio Tinto successfully negotiate that the Mongolian Parliament repeals the Windfall Profits Tax of 68%, so the Oyu Tolgoi project can proceed. Along with it, the corporate income tax was eased as well, for losses to be carried forward for 8 years (up from two).[1]
Ivanhoe’s deep exploration drilling on the Ivanhoe-Entree licence finds high-grade copper and gold presence, resulting in the discovery of the Heruga Deposit and the Heruga North Deposit which lies between the Heruga and Southern Oyu deposits.[1]
Mongolia receives Development Policy credit worth USD 40 million, as a response to the economic downturn and the dramatic fall of commodity prices.[1]
Tsakhiagiin Elbegdorj is elected (Democratic Party).
The 4th World Bank project is formally approved, after an Economic Policy Conference that is jointly organised by the World Bank and the government of Mongolia, and attended by the World Bank chief economist. This project is aimed at providing the mining sector with technical assistance, worth USD 9.3 million.
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Brücke-Osteuropa via Wikimedia CC
Sharon McCutcheon via Unsplash CC0
Francisco Anzola via Flickr CC2.0
Tumisu via Pixabay CC0
Bruno Glätsch via Pixabay
Brucke-Osteuropa via Wikimedia Commons CC 
World Bank / Simone D. McCourtie
Paul Morigi Photography / Brookings Institution
Gerd Altmann via Pixabay CC0