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You are here: News Mining “Rio Tinto” has doubled the investment in ‘’Ivonhoe Mines’’

“Rio Tinto” has doubled the investment in ‘’Ivonhoe Mines’’

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Rio Tinto group increased the investment doubly and amount of investment reached 388 million dollars. According to the contract of 2006, the investment invested that year and “Rio Tinto” group  raised up his owning percent until 9.9. This percent will increase again up to 19.7 whereby secondary investment. Thus for “Ivonhoe Mines” it will be possible to use Oyu-tolgoi minefield.
“Rio Tinto” will buy one share with 8.38 dollars, total shares are equal to 46.3 million dollars within working ten days. Oyu-tolgoi’s copper and gold resource can be in the top ten in the world minefield.
By way of buying shares Rio Tinto is able to raise its owning percentage.
 

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