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- Title
Ivanhoe looks to raise funds for Oyu folgoi project in Mongolia through sale of some assets.
- Abstract
The article reports on the announcement made by Ivanhoe Mines Ltd. that it is considering to sell some of its other assets to raise the needed funds to continue to develop the Oyu Tolgoi copper and gold project in Mongolia. It says that the mine is scheduled to begin commercial production in the middle of 2013, with initial production on track for the third quarter of 2012. It notes that Ivanhoe's other interests include a 58% stake in Mongolian coal miner SouthGobi Resources Ltd.
- Subjects
IVANHOE Mines Ltd.; COPPER mining; GOLD mining; OYU Tolgoi (Company); SOUTHGOBI Resources Ltd.; MINERAL industries; FINANCE
- Publication
Mining Engineering, 2012, Vol 64, Issue 4, p12
- ISSN
0026-5187
- Publication type
Article