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Old 08-03-2009, 07:02 AM   Nav to Top  #1
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Default Ivanhoe Mines & RioTinto get Deeper into IA Contract: What it means Long-Term

Ivanhoe Mines (IVN) is again in further heated discussion with Mongolian Government on negotiations for the Oyu Tolgoi copper-gold development project. They have been sitting in daylong meeting since July 27th with the goal of getting it completed. It was only two weeks ago that Mongolian Parliament voted to authorize the Government to conclude the meeting on a long-term Investment agreement with IVN and Rio Tinto on the development of the mine. In a recent letter the government indicated they would work with the companies to reach an agreement that is mutually beneficial. Easily this will be a win-win for both sides if structured right. IVN and RTP get their mines and Mongolian gets economic prosperity.

Ivanhoe Mines & RioTinto get Deeper into IA Contract: What it means Long-Term | Stocks on Wall Street
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