Why Ivanhoe, Rio Tinto Are So Keen On Mongolia - Seeking Alpha: "It has been said that the best place to look for a new mine is next to an existing mine. -- Harris Kupperman, Mining Services Primer, Nov. 10, 2009.
If the premise in that quote is true, there is more gold to find in Mongolia. As discussed previously in Bob Johnson's article on Oyu Tolgoi and my article on Copper Investing In Mongolia, the joint venture of Ivanhoe Mines (IVN), Rio Tinto (RIO) and the Mongolian government at Oyu Tolgoi is a massive project.
The November 2011 corporate presentation by Ivanhoe Mines offers insights into the size of this project."
'via Blog this'