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Mongolian anti-corruption authorities visit the head office of Ivanhoe Mines' (IVN -4.7%) coal...

  • Tuesday, May 8, 2012, 2:59 PM ET
    Mongolian 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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This news story has 2 comments:

  • I own some stock and found it sinking fast - certainly there is enough gold and copper to make everyone quite rich enough - the question is to get the water and transport working -

    I am holding- I hope I am not being stupid to do so
    8 May 2012, 05:44 PM Reply Like
  • yes it took so long to get it going and now it is struggling but should still make a fortune if they could get along.
    8 May 2012, 08:49 PM Reply Like
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