… Alcan-related debt reduction saw much new investment relegated to the back burner. The strategic partnership with Ivanhoe Mines IVN to develop its Oyu Tolgoi copper and gold deposits enhances Rio Tinto's portfolio. Oyu Tolgoi is the largest undeveloped …
By Gary Bourgeault : On November 17, 2008, the share price of Turquoise Hill Resources ( TRQ ), then known as Ivanhoe Mines , plummeted to $1.72 a share, dropping from the $11.12 share price it had reached on August 25 of the same year …
… begin shortly. What does this mean for the already troubled Rio Tinto? In an earlier article, Mongolia In Partnership With Ivanhoe Mines And Rio Tinto, I gave an overview, including a video, of the huge undertaking. It has not gone smoothly. Negotiations …
July 30 (Reuters) - Rio Tinto Plc said on Monday it paid about $935 million for 133.6 million shares of Ivanhoe Mines Ltd, or 51 percent of the stock the Canadian miner put up in a shareholder...
By Ry Frank : New sources of minerals close to expanding industry are critical to future mining industry profits. Rio Tinto ( RIO ) is tapping a major source of copper adjacent to the world's top market for that metal: China. Rio Tinto is almost ready to start mining copper and gold in Mongolia. ...
SINGAPORE, June 11 (Reuters) - Singapore state investor Temasek Holdings has taken a 5.5 percent stake in Canada's Ivanhoe Mines valued at $426 million, increasing its bet on resources firms.
SINGAPORE, June 11 (Reuters) - Singapore state investor Temasek Holdings has taken a 5.5 percent stake in Canada's Ivanhoe Mines valued at $426 million, increasing its bet on resources firms.
SINGAPORE, June 11 (Reuters) - Singapore state investor Temasek Holdings has taken a 5.5 percent stake in Canada's Ivanhoe Mines valued at $426 million, according to a regulatory filing.
May 23 (Reuters) - Ivanhoe Mines , an affiliate of giant mining company Rio Tinto , said on Wednesday it intends to launch a rights offering open to all its existing shareholders that would raise...
MELBOURNE, May 16 (Reuters) - If ever there was any doubt about what Rio Tinto was really after in its pursuit of Canadian miner Ivanhoe Mines , the answer just became crystal clear.