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Ivanhoe Mines (IVN) drops 11% following comments from Mongolia's Energy Minister suggesting the...
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Monday, September 26, 2011, 11:15 AM ETIvanhoe Mines (IVN) drops 11% following comments from Mongolia's Energy Minister suggesting the Mongolian government wants to up its stake in Ivanhoe's Oyu Tolgoi copper and gold mine to 50% from 34%. Ivanhoe has issued a statement expecting the current agreement to be respected, but the market has its doubts. (previously)
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