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Ivanhoe gains 13% after Mongolia backs down on Oyu Tolgoi

Andrew Topf | October 06, 2011 | 8:54 pm Base Metals Precious Metals Top Companies Asia Europe Copper Gold 

Shares of Ivanhoe Mines (TSE:IVN) and Rio Tinto (ASX:RIO) both gained today on news that Mongolia has backtracked on a demand for a greater share of the massive Oyu Tolgoi copper-gold complex. Rio was up 4.94% on the ASX while...

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