Mongolia passes watered-down foreign investment law

Mongolia's Parliament passed a controversial law aimed at capping foreign ownership in "strategic" industries like mining on Thursday, but investors expressed relief that the legislation was weaker than first anticipated. The bill has been...

What's in a name? Rio Tinto gives Ivanhoe the blues

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. Ivanhoe Mines said on Wednesday it will ask shareholders in June to approve a new name for the...

Oyu Tolgoi copper/gold complex, Mongolia

SGS has been awarded a three-year operational contract for the on-site laboratory at the Oyu Tolgoi mine, in the South Gobi region.

Rio Tinto execs take up CEO, CFO seats at Ivanhoe

Two weeks after having named Kay Priestly as acting CEO, Ivanhoe Mines, building the $6.2-billion Oyu Tolgoi copper/gold project in Mongolia, late on Tuesday cemented the former Rio Tinto executive’s role as a permanent one. Toronto- and New...

SouthGobi says Mongolia suspends some licences

SouthGobi Resources said the Mongolian government suspended exploration and mining licences for its Ovoot Tolgoi coal mine following a stake buyout bid by Chinese aluminum giant Chalco. The Canadian coal miner said it has not received any...

SA conveyance safety company awarded Mongolian contract

Horne Conveyance Safety, the Canadian subsidiary of the South African Horne Group, has installed Levelok chairing and emergency-braking systems on a cage earmarked for Canada-based international mining company Ivanhoe Mines’ Oyu Tolgoi No 1...

Ivanhoe starts copper, gold production in Australia

The Australian subsidiary of Ivanhoe Mines has produced its first copper and gold concentrate at the Osborne processing facility, in north-west Queensland. “The commencement of copper-gold production at the Osborne facility is an important...

COPPER TAKES ON SUPERBUGS

Ivanhoe Mines chairperson and CEO Robert Friedland told the Investing in African Mining Indaba in Cape Town that copper had the potential to lower the risk of infection from multiple drug-resistant bacteria by 40% and that copper surfaces reduced...

Ivanplats says DRC copper project Africa’s largest

Ivanplats CEO Robert Friedland said on Wednesday his company was developing Africa’s largest copper project in the Democratic Republic of Congo (DRC). “This is the project that we think will set the mark for the rebirth of the mining industry...

Ivanhoe reassures minorities after Rio says to seek changes

Ivanhoe Mines, now majority owned by Rio Tinto, said on Friday an agreement with the diversified major stipulated that a majority of its 14-member board had to be independent directors. Rio Tinto bought an additional 2% of Ivanhoe’s stock this...

Mining Indaba Schedule

Entrepreneur highlights emerging market potential

Mining entrepreneur Robert Friedland who will be a keynote speaker at this year’s Investing in African Mining Indaba, in Cape Town, has, during recent speeches in Hong Kong and Australia, been outspoken about the potential he sees in emerging...