Ivanhoe set to spend $758M on Mongolian mine in 2010

Dec 07, 2009 | 10:39 AM | Kevin Foster

Ivanhoe Mines Ltd. plans to spend $758 million next year on its Oyu Tolgoi copper and gold project in Mongolia as it works toward commercial production in 2013.

The Vancouver, British Columbia-based miner said Monday that it had approved a conditional budget for 2010 to begin full-scale construction of the project, which it has said is one of the largest undeveloped copper deposits in the world.....

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