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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Metacomet who wrote (36715)	3/23/2007 5:11:01 PM
From: LoneClone	Read Replies (1) \| Respond to of 78426

From their website at ivanhoe-mines.com "On October 18, 2006, world mining leader Rio Tinto (RTP: NYSE; RIO: LSX, ASX) agreed to form a strategic partnership by investing in Ivanhoe and, through an Ivanhoe-Rio Tinto Technical Committee, will jointly engineer, construct and operate Ivanhoe's Oyu Tolgoi copper-gold mining complex in Mongolia's South Gobi region. The agreement creates a defined path for Rio Tinto to make an immediate investment in the equity of Ivanhoe Mines of approximately US$303 million (CDN$345 million), an amount that will increase, under defined conditions, to up to approximately US$1.5 billion (CDN$1.7 billion). Provisions of the agreement between Ivanhoe Mines and London-based Rio Tinto can be found in Ivanhoe's October 18, 2006 news release." LC