London-based Rio Tinto group, a major shareholder of Ivanhoe Mines Inc which is holding license of Oyutolgoi, reported yesterday its first-half earnings. Net profit soared to $6.91 billion U.S., up from $3.25 billion a year earlier, and the interim dividend was increased by 31 per cent to 68 cents a share.
“We’ve achieved some outstanding results in the first six months of this year and broken many of our previous records,” the chairman, Paul Skinner, said.
See media release of Rio Tinto
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