Ivanhoe Mines Ltd. issued a statement thanking the Mongolian parliament for making the approval of Ivanhoe's Oyu Tolgoi copper-gold mining complex a principal priority. The Investment Agreement will be at the top of the action list for the coalition government one the spring session starts, according to a State Great Khural press statement. The news release goes into more detail.
Ivanhoe is currently trading at $5.54, down 65 cents on the day, although the release of this item has accompanied a halt in an early-morning decline.
The company's Google Finance web page is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Friday, March 13, 2009
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