Kincora eyes catalysts for positive 2013 - Proactiveinvestors (UK): "Despite this, the company cut its losses slightly to US$2.4mln from US$2.8mln the previous year.
Kincora has been blighted by ongoing discussions between Rio Tinto and the Mongolian government over the future of the massive Oyu Tolgoi (OT) copper mine.
OT is expected to contribute close to one third of the country’s gross domestic product in the medium term, while investor sentiment across the board regarding Mongolia depends to a large extent on OT’s success.
Disputed issues range from project development and costs, to the operating budget, project financing, management fees and governance."
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