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Ten banks to back up Rio Tinto’s Oyu Tolgoi: report

Cecilia Jamasmie | March 15, 2013 | 12:41 pm Base Metals Precious Metals Top Companies Asia Europe Copper Gold 

At least ten banks have committed close to $300 million each to back up Rio Tinto’s (LON, ASX:RIO) massive copper-gold Oyu Tolgoi mine in Mongolia, Bloomberg is reporting based on information from unnamed insiders. The news comes on the heels...

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