Rio Tinto discredits report it will stop work at Oyu Tolgoi
Jan 31, 2013 | 11:06 AM
| Mark Burton
Tags
Rio Tinto,
copper,
Oyu Tolgoi,
Mongolia,
Mark Burton
LONDON — The Oyu Tolgoi copper-gold mine in Mongolia is on track to achieve commercial production in the first half of the year, Rio Tinto Plc said in response to a media report that it was considering halting work at the mine.
A Bloomberg report Jan. 30 claimed that Rio Tinto was considering halting development work to protest the Mongolian government’s demands for new mining royalties and a bigger stake in the $6.2-billion project. ....
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