UPDATE 1-Rio puts $5 billion Mongolia mine expansion on hold | Reuters: " Rio Tinto has put on hold a more than $5 billion underground expansion of its giant Oyu Tolgoi copper mine in Mongolia, after the government said parliament would need to approve financing for the project.
The delay marks the latest bump in the road for the global miner at one of its biggest projects, which started exporting copper from an open pit mine at the site this month, after two last-minute hiccups in securing government approval."
'via Blog this'
