OT project future looks grim

Share price of Oyu Tolgoi project, the biggest and most eagerly awaited contributor to the state budget of Mongolia, is really going to slump regardless of its gain in the past few days? Business-Mongolia.com is sharing it view with our readers as follows. Influence from Neighbors In the last few years, especially during the reign […]

Minister for Finance reports on Oyu Tolgoi agreement

Yesterday, Finance Minister S.Bayartsogt informed journalists about Oyutolgoi issue on Monday. Ivanhoe Mines Ltd and Rio Tinto International Holdings Ltd made Oyutolgoi investment agreement on October 6, 2009. The Minister said that Mongolia would earn USD29.1 billion as taxation, payment, fee and dividend from Oyutolgoi project in 50 years and investors would earn USD25 billion […]