Ivanhoe Mines, Rio Tinto and Government of Mongolia to Sign Oyu Tolgoi Investment Agreement in State Ceremony October 6
October 05 2009 - 8:15AM
Marketwired
Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) and its strategic
partner, Rio Tinto, will join with the Government of Mongolia in a
state ceremony for the signing of an Investment Agreement for the
Oyu Tolgoi copper-gold project on Tuesday, October 6.
The Mongolian Government announced on October 4 that the signing
will take place in the Great Hall of the Parliament House in the
capital city of Ulaanbaatar. The ceremony will be attended by
Mongolia's President Tsakhia Elbegdorj, Prime Minister Sanjaa
Bayar, Parliament Speaker Damdin Demberel, members of the Cabinet,
members of the national Parliament, government officials and
invited representatives of international embassies, the Mongolian
business community, civic organizations and the public.
The Investment Agreement, which establishes a legal, stable,
long-term tax and regulatory environment for the construction and
operation of the Oyu Tolgoi mining complex, will be signed by
representatives of Ivanhoe Mines and Rio Tinto. Under Mongolia's
Minerals Law, the Government's signatories will be the Minister of
Finance, the Minister of Mineral Resources and Energy and the
Minister of Environment and Tourism.
Ivanhoe Mines' shares are listed on the Toronto, New York and
NASDAQ stock exchanges under the symbol IVN.
Contacts: Ivanhoe Mines Ltd. Bill Trenaman Investors
1-604-688-5755 Ivanhoe Mines Ltd. Bob Williamson Media
1-604-331-9880 Website: www.ivanhoemines.com
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