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Ivanhoe sees low chance of power delay to Oyu Tolgoi mine
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Saturday, 03 Dec 2011
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Reuters quoted Ivanhoe Mines as saying that there was only a small chance of a delay to a power contract with China to operate the Oyu Tologi copper project in neighboring Mongolia.

Mr Robert Friedland CEO of Ivanhoe said that "There is a very very small probability of a delay."

Vancouver based Ivanhoe is 49% owned by global mining giant Rio Tinto and is focused on developing the Oyu Tolgoi project which is located in Mongolia's South Gobi region and is one of the largest known copper deposits in the world.

(Sourced from Reuters)

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