The Conversation (2)
Ivanhoe, BHP Find New Copper/Moly/Gold Zone in Mongolia
Mar. 14, 2011 09:22PM PST
Industrial Metals InvestingMining Weekly reported that Ivanhoe (NYSE:IVN) announced its has discovered another copper-moly-gold zone at a property it is exploring as part of a joint venturein Mongolia.
Mining Weekly reported that Ivanhoe (NYSE:IVN) announced its has discovered another copper-moly-gold zone at a property it is exploring as part of a joint venture in Mongolia.
The editorial is quoted as saying:
Ivanhoe formed a joint-venture with BHP in 2005, and the world’s biggest mining company has since earned a 50% interest in the joint venture by spending $8-million on exploration and conducting an airborne survey over the Oyu Tolgoi area.