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Mongolian anti-corruption authorities visit the head office of Ivanhoe Mines' (IVN -4.7%) coal...
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Tuesday, May 8, 2012, 2:59 PM ETMongolian anti-corruption authorities visit the head office of Ivanhoe Mines' (IVN -4.7%) coal operations in the country to "formally request information," apparently part of the government's effort to limit foreign ownership of Mongolian strategic assets to 49%. IVN's largest project is in Mongolia, where it owns 66% of the Oyu Tolgoi copper and gold mine.
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I am holding- I hope I am not being stupid to do so