Ivanhoe Mines Ltd.: Mongolian Parliament's Review of Draft Oyu Tolgoi Investment Agreement Scheduled to Begin This Week
March 09 2009 - 8:20AM
Marketwired
Ivanhoe Mines Ltd. (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) -
Mongolia's State Great Khural (national Parliament) is scheduled
to begin its consideration this week of the draft Investment
Agreement covering the development of the Oyu Tolgoi copper-gold
mining complex in Mongolia's South Gobi Region.
Prime Minister S. Bayar presented the draft agreement to the
Speaker of the Parliament D. Demberel last week, beginning the
final stage of the approval process. Each page of the draft
agreement was initialled by representatives of the Mongolian
Cabinet and Ivanhoe Mines Mongolia last week following the
completion of negotiations and approval in principal of the
agreement by the National Security Council.
Ivanhoe Mines will brief all stakeholders on the details of the
investment agreement, subject to final approval of the agreement by
the Mongolian Parliament and approvals by the Boards of Directors
of Ivanhoe Mines and Rio Tinto.
Ivanhoe Mines shares are listed on the Toronto, New York and
NASDAQ stock exchanges under the symbol IVN.
Contacts: Ivanhoe Mines Ltd. Bill Trenaman Investor Relations
(604) 688-5755 Ivanhoe Mines Ltd. Bob Williamson Media (604)
688-5755 Website: www.ivanhoemines.com
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