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Ivanhoe Mines (IVN) and Rio Tinto (RTP) ink a long-term investment agreement with Mongolia to...

Ivanhoe Mines (IVN) and Rio Tinto (RTP) ink a long-term investment agreement with Mongolia to develop and operate the Oyu Tolgoi copper-gold mining complex. Rio currently owns 9.9% of IVN, and has the right to boost its stake to 43.1-46.6% through open-market purchases over the next two years (PR). IVN +5.5% premarket. RTP +2%.
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