March 21, 2012

Ivanhoe Mines Announces 2011 Financial Results and Review of Operations - MarketWatch

Ivanhoe Mines Announces 2011 Financial Results and Review of Operations - MarketWatch: "Overall construction of the first phase of the Oyu Tolgoi copper-gold
mining complex in southern Mongolia was 72.7% complete at the end of
February 2012 and remains on track to meet the mine's targeted start of
initial production in Q3'12. Commercial production is projected to begin
in the first half of 2013.
-- Total capital invested in the construction of the first phase of the Oyu
Tolgoi Project to the end of 2011 was approximately $4.0 billion."

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