Ivanhoe Mines nach langem warten eine Topchance - 500 Beiträge pro Seite

[spezialdigger]

CORRECTED - Ivanhoe expects Mongolian minerals law soon
Tue Jun 3, 2008 4:24pm EDT

Email | Print |
Share
| Reprints | Single Page| Recommend (0)
[-] Text [+]

powered by Sphere Sphere
Market News
Stocks rally pulls back on Ambac, MBIA concern
Oil jumps $4 as dollar slides
May retail sales lifted by discounters, rebates
More Business & Investing News...
Featured Broker sponsored link
Money Center
Learn to Trade with a FREE Guide.

(Corrects to make clear Mongolia expected to approve changes to its minerals law, not approve Oyu Tolgoi mining agreement)

LONDON, June 3 (Reuters) - Mongolia is expected shortly to approve long-awaited changes to its minerals law that could pave the way for a mining agreement for one of the world's biggest copper deposits, the head of Ivanhoe Mines Ltd (IVN.TO: Quote, Profile, Research) said on Tuesday.

Ivanhoe and mining group Rio Tinto (RIO.L: Quote, Profile, Research) (RIO.AX: Quote, Profile, Research) have been waiting for government approval to press forward on the huge Oyu Tolgoi project in Mongolia's Gobi desert.

"The prime minister has vowed to conclude our agreement as soon as possible; parliament was in session this morning, it (changes to the minerals law) could be today ... or it could come in the very near future," Executive Chairman Robert Friedland told the World Mining Investment Congress in London.

The firms pounded out an draft investment agreement last year that would give the government a 34 percent stake in Oyu Tolgoi, but the deal was withdrawn.

Once the minerals law is amended, the government is expected to resume work with Ivanhoe and Rio Tinto to conclude the investment agreement for Oyu Tolgoi, one of the world's largest undeveloped copper and gold deposits.

Initial construction has started at Oyu Tolgoi, 50 miles (80 km) north of the China-Mongolian border in the South Gobi Desert and northwest of the Chinese industrial city of Baotou.

The first shaft descending 1,385 metres underground was completed in January and tunnelling on a second shaft has been underway.

Average annual production over the mine's life is expected to be 440,000 tonnes of contained copper in concentrate and 320,000 ounces of gold. Continued...

[spezialdigger]

sollte das mongolische Parlament endlich diesen Monat grünes licht geben (und das werden sie ) wird der Kurs explodieren.

[TomCole]

S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=54…:

GOLD NEWS
MINERALS LAW AGREEMENT CLOSE

World's largest copper/gold deposit nears agreement with government

Oyu Tolgoi development agreement close suggested Robert Friedland in an address to a London Audience as he commented on matters ranging from global warming, mine development and Mongolia’s strategic location and huge metals and coal potential.

Author: Lawrence Williams
Posted: Wednesday , 04 Jun 2008

LONDON -

Speaking to a packed audience at the at the World Mining Investment Congress in London, Tuesday, charismatic mining entrepreneur Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN) treated the audience to his views on global warming, the future of the mining sector and the company's huge Mongolian copper/gold and coal projects.

On global warming his views are that it is most likely a natural and unstoppable occurrence with such climate swings happening many times in the past, but in all likelihood this time it is being exacerbated by human activity. And he sees this as a huge opportunity for the mining sector - notably in terms of demand for copper and energy products. He feels the way forward is nuclear power and clean coal generated electricity and that his principal company, Ivanhoe Mines, is particularly well placed to meet some of the needs for this. On the copper front he pointed to the rapid increase in output of hybrid cars, which require copper as the best conducting metal known (apart from gold and silver which are too expensive) and the need for ever increasing power distribution networks as the world moves to clean power.

With Ivanhoe's huge Oyu Tolgoi copper/gold project close to Mongolia's border with China well under development, despite so far not having reached a final fiscal arrangement with the Mongolian authorities, Friedland claims to control, with partner Rio Tinto ("The best mining company in the world located in the capital of the world" said Friedland playing to his London audience), what is arguably the world's largest known copper/gold deposit and the only known copper porphyry-type orebody running at 3 percent copper (most grade less than 1 percent). He also reckoned that the resource so far proved out is only a fraction of the total orebody.

The initial development of the project is well under way with the first mine shaft down to 1,385m completed in January this year in record time by the Mongolian development crew and a second shaft - the world's largest according to Friedland - already in progress, again with a Mongolian crew supervised by Canadian specialist contractor J.S. Redpath.

All this has been undertaken without a formal agreement in place as the Mongolian Government wrestles with the promulgation of a new mining law, which Friedland reckons is close. He says the country's Prime Minister has promised them the agreement will be reached soon and with the Parlaiment sitting at the moment it could be today, or tomorrow, said Friedland. He also put forward his views as to how such an agreement might operate feeling that a product share arrangement with government would be a much more transparent way of dividing revenues between the mine developers and the nation than the more standard royalty/tax system.

When Oyu Tolgoi comes on stream, projected average annual production will be 440,000 tonnes of contained copper in concentrate and 320,000 ounces of gold annually.

The strategic location of Mongolia, on the Chinese border, and rich with mineral resources including some of the world's cleanest coal reserves was also another of Friedland's themes. The Chinese, in recognition of this, have already built road and rail infrastructure up to the Mongolian border to take account of this and will be looking to the sparsely populated nation for major strategic supplies into the future.

Ivanhoe's own Ovoot Tolgoi coal deposit, held through 90% owned SouthGobi Energy Resources, is also close to the Chinese border and under development. As Friedland re-iterated the quality of these Mongolian coals is better in situ than some washed coals in other areas, and cleaner coal is absolutely vital for the Chinese power sector which has an appalling air pollution record.

[RedStar91]

Das grottenschlechte em-spiel ist endlich vorbei. jetzt kurz hier was schreiben. bin mal gespannt wie lange es noch dauert bis wir abheben?
hoffe sehr es passiert auch bin ziemlich dicke drin. hat jemand etwas
neues?

[spezialdigger]

Antwort auf Beitrag Nr.: 34.277.839 von RedStar91 am 10.06.08 22:56:15

Ja ,das alte mongolische Parlament hat keinen Beschluß zum Bergbaugesetz gefasst.
Das neue Parlament wird voraussichtlich Ende Juni das Gesetz verabschieden.
Für mich ist es schwer vorstellbar das der Beschluß negativ sein wird denn das Würde die mongolische Wirtschaft um Jahre zurückwerfen.
Ich gehe davon aus das sich Ivanhoe am Tage des Beschlusses mehr als verdoppeln wird.

[RedStar91]

Antwort auf Beitrag Nr.: 34.279.588 von spezialdigger am 11.06.08 10:41:05

Danke für deine Info. Bin auch zuversichtlich! Grüsse aus NSU

[evens]

Serwas!

Ein paar Anteile hab ich jetzt auch ergattert!
Bei positiven Beschluss dürfte hier mehr als ein Verdoppler drin sein!

[evens]

lt. WiWo befinden sich in der Oyu Tolgoi-Mine 71 Milliarden Pound Kupfer und 34 Millionen Unzen Gold!

Die Goldresourcen allein haben also schon nen Wert von fast 30 Milliarden Dollar!
Aber die Kupfervorkommen sprengen dann doch alle Dimensionen:

71 Milliarden Pound sind ca. 35 Milliarden Kilo
Das wären dann ca. 35 Millionen Tonnen Kupfer!
Die Tonne kostet ca. 8000 Dollar!
Die Kupfervorkommen in der Mine haben somit einen Wert von ca.
280 Milliarden Dollar!


Jahresproduktion von 440.000 Tonnen Kupfer und 320.000 Unzen Gold ist geplant. Das wären dann Einnahmen aus Kupfer von 3,5 Milliarden und aus Gold von 280 Millionen!

Falls von den 4 Milliarden Einnahmen auch nur 1 Milliarde als Gewinn übrig bleibt, wäre bei nem KGV von 15 locker eine Marktkapitalisierung von 15 Milliarden sprich ein Kurs von ca. 40 Dollar gerechtfertigt!

[spezialdigger]

Antwort auf Beitrag Nr.: 34.320.049 von evens am 17.06.08 21:42:44

Davon kann man allerdings ausgehen!Ein weiteres Argument für einen positiven Beschluss sind mittlerweile tausende mongolische Arbeitsplätze die vernichtet werden würden wenn das Parlament negativ entscheidet.
Das Bewustsein in der Mongolei ist im Wandel,die Bevölkerung versteht langsam das ausländische Investitionen eine riesige Chance sind die dem Land zu Reichtum und Fortschritt verhelfen.

Auf längere Sicht wird Ivanhoe dann wohl auch eher ein Übernahmekandidat sein.

[spezialdigger]

Antwort auf Beitrag Nr.: 34.321.444 von spezialdigger am 18.06.08 09:01:30

Eine der besten Informationsquellen ist übrigens mongolei.de/news
diese Seite ist absolut seriös und garantiert nicht von Pushern infiltriert.
Wenn man zwischen den Zeilen liest kann man wertvolle Infos früher als viele andere verwerten.

[TomCole]

Der folgende Artikel bezieht sich u.a. auf "Ivanhoe's Oyu Tolgoi copper-gold project in Mongolia":

theage.com.au:
Ivanhoe takes second go at float
Barry FitzGerald
June 20, 2008
s. http://business.theage.com.au/ivanhoe-takes-second-go-at-flo….

[evens]

Na das liest sich doch gut !

[TomCole]

Spannend, spannend! ...

BASE METALS
BOTH MAJOR PARTIES SUPPORT OYU TOLGOI
Mongolian mining deals await outcome of Sunday’s election
As Mongolians cast their vote this Sunday, both major parties say they favor ratification of the Oyu Tolgoi copper and gold project agreement.
Author: Lindsay Beck
Posted: Friday , 27 Jun 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=55….

Auszug:
"...
The two parties say they support parliament's long-awaited ratification of a draft investment agreement that would allow the Gobi desert Oyu Tolgoi copper and gold project, to be developed by Ivanhoe Mines and Rio Tinto, to go ahead.
..."

[evens]

Antwort auf Beitrag Nr.: 34.387.950 von TomCole am 27.06.08 11:18:27

Egal welche Partei gewinnt, Ivanhoe ist in ner win-win Situation!

[TomCole]

Antwort auf Beitrag Nr.: 34.395.924 von evens am 28.06.08 09:41:26

Nicht aber z.B. wenn weder die "Mongolian People's Revolutionary Party" noch die "Democratic Party" eine Mehrheit erzielen und die "Civil Movement Party" den Ausschlag gibt, denn letztere könnte (wie im zitierten Artikel erwähnt) eine 51%-Staatsbeteiligung fordern.

[TomCole]

Mongolia Elections News:
http://www.einnews.com/mongolia/newsfeed-mongolia-elections

[spezialdigger]

Antwort auf Beitrag Nr.: 34.400.089 von TomCole am 29.06.08 17:56:47

Freitag, 27. Juni 2008
Streit um Rohstoffabbau
Mongolen wählen Parlament

Zum fünften Mal seit der Demokratisierung der Mongolei in den 90er Jahren sind am 29. Juni 1,5 Millionen Mongolen aufgerufen, ein neues Parlament zu wählen. Es bewerben sich 356 Kandidaten um 76 Sitze in der Großen Staatsversammlung. Unter ihnen sind 45 Unabhängige, der Rest gehört zwölf Parteien an. Die Macht dürfte erneut zwischen den heute regierenden Reformkommunisten der Mongolische Revolutionären Volkspartei (MRVP) und der Demokratischen Partei (DP) verteilt werden, die nach Umfragen gleichauf liegen.
Wirtschaftlich geht es mit der Mongolei bergauf, auch wenn sich die Lebensverhältnisse der Durchschnittsmongolen kaum verbessert haben. Das Land profitiert von seinem Reichtum an Bodenschätzen: Gold, Silber, Kupfer, Kohle, Uran, Flussspat. Infolge der gestiegenen Weltmarktpreise für Rohstoffe, besonders für Gold, Kupfer und Kohle weist der Staatshaushalt seit drei Jahren einen Überschuss aus. Die Wirtschaft wächst um neun und zehn Prozent. Internationale Bergbaukonzerne konkurrieren um die Explorations- und Abbaulizenzen.

Streit um Verteilung der Profite aus Bergbau

Doch immer noch lebt mehr als ein Drittel der Bevölkerung am Rande des Existenzminimums. Die Welternährungskrise hat die Mongolei, die einen Großteil ihrer Nahrungsgüter einführt, voll getroffen. Das Familiendurchschnittseinkommen hat sich von 170.217 Tugrug (93 Euro) im Jahr 2005 zwar auf jetzt 284.000 Tugrug (156 Euro) erhöht. Im selben Zeitraum haben sich aber die Preise für Brot und Mehl mehr als verdoppelt. Die Preise für Roh-Kaschmir - der zweite wichtige Exportartikel der Mongolei - stürzten im Gegenzug in den Keller, so dass sich die Regierung gezwungen sah, Stützungskäufe zu beschließen.

Stimmen durch "blühende Landschaften" gewinnen.
Der Streit um die Verteilung der Profite aus dem Bergbau wird immer erbitterter geführt. Wie viel Prozent der Lagerstätten bleiben im Besitz des Staates, wie viel werden den ausländischen Unternehmern überlassen? Das sehr investorenfreundliche Bergbaugesetz geriet nicht nur in die Kritik der Umweltschützer. Zwei Jahre lang konnten sich die Abgeordneten nicht auf Änderungen und Zusätze zum Gesetz einigen und mussten die Entscheidung auf die Zeit nach den Wahlen, auf die Herbstsitzungen des Parlaments, verschieben.

Wahlversprechungen

Den Wählern versprechen die beiden großen Parteien "blühende Landschaften", monatliche Familieneinkommen bis zu einer Million Tugrug und bezahlbare Wohnungen. Die Reformkommunisten der MRVP versprechen den Ausbau der Sozialleistungen, mehr Unterstützung für benachteiligte Gruppen. Sie wollen das Land unabhängiger von Getreideimporten machen, die Industrieproduktion ankurbeln, Betriebe zur Verarbeitung der Rohstoffe aus Bergbau und Landwirtschaft fördern und enger mit den Nachbarn Russland und China kooperieren.

Auch die Demokratische Partei setzt auf die Entwicklung der nationalen Produktion, die Schaffung von Arbeitsplätzen, die Leistungsbereitschaft der Mongolen. Jedem Mongolen wird ein "Schatzanteil" von einer Million Tugrug (550 Euro) als Anteil aus Bergbaugewinnen versprochen. Bei der MRVP heißt das "Wohltat des Mutterlandes" und soll 1,5 Millionen Tugrug betragen.

Doch "erst muss der Bär erlegt werden, dessen Fell verteilt werden soll", wie Mongolen sagen. Das Bergbaugesetz müsste verabschiedet werden, damit die Investitionsabkommen mit den Unternehmern abgeschlossen werden können. Ministerpräsident Sanjaa Bayar, der Vorsitzende der MRVP, rechnet vor, dass bei Inbetriebnahme der Gold- und Kupferlagerstätte Oyutolgoi (Türkishügel) in der Südgobi nach den bisherigen Vertragsvorschlägen täglich vier Milliarden Tugrug (2,2 Millionen Euro) der Mongolei zugute kämen.

Von Renate Bormann, dpa

[spezialdigger]

Antwort auf Beitrag Nr.: 34.400.089 von TomCole am 29.06.08 17:56:47

Eigentlich ist es fast egal wie die Wahlen ausgehen,wichtig ist einfach eine Entscheidung über die steuerlichen Belastungen für ausländische Investoren,doch selbst bei einer hohen steuerlichen Belastung würde sich der Abbau für Ivanhoe mehr als rentieren.

[spezialdigger]

Antwort auf Beitrag Nr.: 34.400.347 von spezialdigger am 29.06.08 19:23:37

DAS SIEHT GUT AUS!!

Regierungspartei bei Mongolei-Wahl vorn

(dpa) | 30.06.2008, 10:34

Ulan Bator. Bei der Parlamentswahl in der Mongolei zeichnet sich ein Sieg der regierenden Mongolischen Revolutionären Volkspartei (MRVP) ab. Nach vorläufigen Schätzungen vom Montag hat die Partei der Reformkommunisten 40 bis 50 der 76 Sitze in der Großen Staatsversammlung errungen.

Umfragen zufolge hatte die Partei vor dem Urnengang noch mit der Demokratischen Partei (DP) gleichauf gelegen. Im Wahlverlauf kam es am Sonntag nach Angaben der zentralen Wahlkommission zu keinen ernsten Zwischenfällen. Allerdings hätten Bürger Unregelmäßigkeiten gemeldet, die noch überprüft würden.

Es gab Berichte über illegale Wahlwerbung, falschen Namen oder Adressen in den Wahlunterlagen sowie eine versuchte Beeinflussung der Wähler. Aufgebrachte Bürger protestierten, weil sie wegen der Schließung der Wahllokale ihre Stimmen nicht mehr abgeben konnten.

Anders als erste Zählungen zunächst erwarten ließen, fiel die Wahlbeteiligung nach vorläufigen Angaben mit weniger als 75 Prozent geringer aus als bei den letzten Parlamentswahlen vor vier Jahren. In Teilen der Mongolei hatten am Wahlsonntag Unwetter geherrscht, die den Wählern den Gang zu den Wahllokalen erschwerten.

[TomCole]

Antwort auf Beitrag Nr.: 34.402.560 von spezialdigger am 30.06.08 11:30:48

BASE METALS
BOTH PARTIES FAVOR OYU TOLGOI
Mongolia's general election appears to be dead heat
Both parties now awaiting final elections results in Mongolia early Monday say they support ratification of the Oyu Tolgoi draft investment agreement.
Posted: Monday , 30 Jun 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=55….

[spezialdigger]

Antwort auf Beitrag Nr.: 34.403.270 von TomCole am 30.06.08 12:46:16

Während in Kanada/USA die Aktionäre in Stellung gehen merken hier mal wieder nur die wenigsten was für eine Chance sich gerade bietet....

[TomCole]

Antwort auf Beitrag Nr.: 34.405.420 von spezialdigger am 30.06.08 17:15:45

Genau! An der TSX bei IVN deutlicher Umsatz- und Kurs-Anstieg.

[TomCole]

Antwort auf Beitrag Nr.: 34.405.420 von spezialdigger am 30.06.08 17:15:45

Mongolia's ruling party wins poll on mineral wealth issue, says election commission
The Associated Press
Published: June 30, 2008
S. http://www.iht.com/articles/ap/2008/06/30/news/Mongolia-Elec….

[TomCole]

MINING FINANCE AND INVESTMENT
MPRP TO FORM CABINET
Ruling party majority in Mongolian parliament may help Oyu Tolgoi ratification
With a stronger election mandate, Mongolia's ruling party may, at long last, be able to approve the Oyu Tolgoi draft investment agreement.
Author: Lindsay Beck
Posted: Monday , 30 Jun 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=55….

Auszüge:
"... That would give it the strength to ratify a draft investment agreement that would give the go-ahead to Ivanhoe Mines and Rio Tinto to develop the massive Oyu Tolgoi copper and gold project.
...
If Oyu Tolgoi is approved, it could open the door to other deals for coal and uranium that lie beneath the vast steppes and deserts of the country ..."

[evens]

Antwort auf Beitrag Nr.: 34.409.720 von TomCole am 01.07.08 10:16:12

[TomCole]

Schade, schade! ...

Mongolia election clashes bring emergency rule
By Irja Halasz
Posted 2008/07/02 at 12:57 am EDT
S. http://www.newsdaily.com/stories/sp31492-mongolia/

[spezialdigger]

Antwort auf Beitrag Nr.: 34.418.109 von TomCole am 02.07.08 09:06:43

Das wird sich wieder beruhigen,Teile der mongolischen Bevölkerung sind einfach extrem unzufrieden.
internationale wahlbeobachter haben die wahl als "alles in allem korrekt" eingestuft.
dieses Land birgt nun mal ein hohes Risikopotential und ist in keiner Weise einfach zu berechnen.
Eins jedoch ist klar ,um die Lebensumstände zu Verbessern müssen Investoren ins Land geholt werden...und genau das wird mit Ivanhoe passieren:

[TomCole]

Antwort auf Beitrag Nr.: 34.419.077 von spezialdigger am 02.07.08 10:47:39

FAZ, 03.07.2007, Seite 7,
Artikel "Tote und Verletzte bei Unruhen in der Mongolei",
Auszüge:
"... Justizminister Monkh-Orgil appellierte am Mittwoch an alle Parteien, Fragen zur Wahl auf juristischem Weg zu klären und gemeinsam eine Lösung der Krise zu erreichen.
...
Die Demokratische Partei ... will Beweise für Wahlbetrug vorlegen. Internationale Beobachter sprachen aber von fairen Wahlen.
...
Unter dem Ausnahmezustand, der für vier Tage gelten soll, sind jetzt Demonstrationen und Versammlungen verboten. Auch unabhängige Berichterstattung ist in dieser Zeit verboten, berichten darf nur noch das staatliche Fernsehen.
...
Die Unruhen in Ulan-Bator spiegeln nach Ansicht von Beobachtern nicht nur Zweifel am Wahlergebnis, sondern auch Unzufriedenheit mit der wirtschaftlichen Lage in der Mongolei wider.
...
Doch seit Jahren wird darüber gestritten, wie die Einnahmen aus den mongolischen Bodenschätzen am besten zu verteilen sind. Viele Mongolen fürchten, dass ausländische Bergbau-Unternehmen den Reichtum der Mongolei außer Landes tragen. Beide großen Parteien ... wollen ein neues Bergbaugesetz verabschieden, das einen Staatsanteil an den Förderungen vorsieht.
..."

[TomCole]

Antwort auf Beitrag Nr.: 34.427.988 von TomCole am 03.07.08 10:34:37

Ende der Auszüge:
"... Beide haben im Wahlkampf auch ihren Wählern Anteile an der Ausbeutung der Bodenschätze zugesichert. ..."

[TomCole]

BASE METALS
STATE OF EMERGENCY CONTINUES
Five deaths in Mongolia post-election violence dampens Oyu Tolgoi ratification hopes
Investors have pinned hopes on a majority government being able to push through a long-awaited draft investment deal that would allow the Oyu Tolgoi copper and gold project to go ahead.
Author: Irja Halasz
Posted: Wednesday , 02 Jul 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=56….


Folgendes hat nichts mit den Wahlen in der Mongolei zu tun!
Nur: Ivanhoe ist hier (im Artikel unten in der Tabelle) auch erwähnt:

BASE METALS
INVESTMENT INSIGHTS
Is First Quantum a screaming buy?
Copper metal may be ready to assault its all time record of $8,880 a ton, but many listed copper stocks are priced like dogs.
Author: Barry Sergeant
Posted: Wednesday , 02 Jul 2008
JOHANNESBURG -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=56….

[spezialdigger]

Antwort auf Beitrag Nr.: 34.428.287 von TomCole am 03.07.08 11:01:56

Das alles wird sich schneller beruhigen als mancher vermutet,ich bin fest davon überzeugt das die neue Regierung eine schnelle Entscheidung herbeiführen wird denn das zu erwartende Steueraufkommen wird dringend benötigt die Bevölkerung zu besänftigen.

[spezialdigger]

Antwort auf Beitrag Nr.: 34.435.290 von spezialdigger am 03.07.08 23:07:05

Na sag ich doch!
von Dr. Renate Bormann, Ulaanbaatar

04.07.08
Die Lage in Ulaanbaatar hat sich weitgehend normalisiert.
Das Parlament hat den Beschluss über die Verhängung des Ausnahmezustandes auf seiner gestrigen Sondersitzung bestätigt.
Ausnahmslos alle Mongolen, mit denen wir sprechen, sind regelrecht erschrocken über das, was in ihrem Namen geschehen ist. Die Kommentare reichen von "Das verdirbt uns die Geschichte der vergangenen 18 Jahre " bis "Diese Ereignisse werden für immer ein schwarzer Fleck in unserem Leben sein".
Heute Morgen wurden die Panzerwagen und ein Teil der bewaffneten Kräfte abgezogen, die Ausgangssperre gelockert.
Bisher ist der Ausnahmezustand nicht verlängert worden, soll in der Nacht von Freitag zu Samstag aufgehoben werden.
Ringer und Künstler bereiten sich auf Naadam vor. Das Morin Khuur Ensemble wird spielen, obwohl ihnen kein einziges ihrer Instrumente geblieben ist. Andere Gruppen wollen ihnen Instrumente zur Verfügung stellen.
In Dornod hat der Kandidat und Nochabgeordnete der Zivilcourage-Partei, Zorigt, eine Neuauszählung der Stimmen gefordert, er erkenne das Ergebnis nicht an. Vor der örtlichen Wahlkommission ist er in einen Sitzstreik getreten und hat sich geweigert, zu den Sondersitzungen der Großen Staatsversammlung in Ulaanbaatar zu erscheinen.
Die Überprüfung der Personalien der 700 Festgenommenen (darunter 38 Minderjährige) wird fortgesetzt. Sie werden nach und nach freigelassen, sobald sich herausgestellt hat, dass sie nicht an Gewalttaten beteiligt waren.
Vier der fünf Toten sind an Schussverletzungen gestorben. Die Untersuchungen darüber haben begonnen.
Der DP-Vorsitzende Elbegdorj beschuldigt weiter die "Machthaber", die Wahlen gefälscht zu haben und nicht rechtzeitig eingegriffen zu haben, als die Gewalt zu eskalieren drohte. Er kritisiert die Verhängung des Ausnahmezustandes.
Die Kinderbibliothek und die Deutsche Informationsbibliothek wurden beim Brand der Kunstgalerie ebenfalls beschädigt.
Ein Zeitungsredaktionsgebäude, in dem drei Zeitungsredaktionen, darunter "Morgenzeitung" und "Privatleben" untergebracht waren, wurde völlig abgebrannt, der Chefredakteur von den Eindringlingen mit dem Tod bedroht. Die zuständige Polizeidienststelle im Sukhbaatarduureg konnte nicht helfen, da sie ihr eigenes Gebäude schützen musste, das ebenfalls angezündet worden war.
Die ZWK hat für heute eine Pressekonferenz angekündigt, um das amtliche Wahlergebnis zu verkünden. Der Termin steht noch nicht fest.
B. Jargalsaikhan, der Vorsitzende der Republikanischen Partei und Nochabgeordneter, hat an der Parlamentssondersitzung teilgenommen. J. Batzandan und O. Magnai sind abgetaucht.
Die Aktien von "Ivanhoe Mines" (Oyutolgoi) sind nach den ersten Verlautbarungen über das Wahlergebnis um 9 Prozent gestiegen, nach Ausbruch der Unruhen um 0,5 Prozent gesunken. Jetzt liegen sie bei 10,54 USD. (August 2007: 18 USD).

[TomCole]

Antwort auf Beitrag Nr.: 34.437.317 von spezialdigger am 04.07.08 11:04:10

Auch ich bind der Meinung, dass die politischen Verhältnisse in der Mongolei bald wieder heilen werden.
Dort müssen m.E. nun erst ein Mal die Scherben zusammengekehrt werden, Versöhnungsarbeit muss geleistet werden und die übliche Ordnung wird wieder einkehren.
Das wird etwas dauern.
Bis zu der dann zu erwartenden Verabschiedung eines Bergbaugesetzes bleibt es hier sicher bei der nüchternen Betrachtung der Fakten im nötigen Detail.

[TomCole]

Nach
Thread: Rohstoff-Explorer: Research oder Neuvorstellung „Rohstoff-Explorer: Research oder Neuvorstellung“,
Posting #1739 von tommy-hl vom 04.07.08, 06:18:37,
Seite 174: http://www.wallstreet-online.de/diskussion/1139490-1731-1740…:

Artikel
Tax confusion in Mongolia
July 03, 2008
S. http://www.theaustralian.news.com.au/story/0,25197,23961877-….

[spezialdigger]

Antwort auf Beitrag Nr.: 34.438.158 von TomCole am 04.07.08 12:31:14

Was dort geschrieben steht ist richtig und haarsträubend,jedoch geht es im mongolischen Parlament ganz genau um diese Umstände.
Ein großer Teil der neuen Regierung möchte mit genau diesen unsicheren Umständen für Investoren aufräumen...längst habe viele begriffen das ein abbaubeginn der Bodenschätze in der Mongolei eine Chance bietet das Bruttoinlandsprodukt erheblich zu steigern und eine moderne Infrastruktur zu errichten.
Dieses Land hat das Potenzial innerhalb kürzester Zeit einen Wohlstand für alle Bürger herzustellen,auf längere Sicht wird das auch jeder begreifen.
Was wir natürlich nicht erwarten können ist das es die Abbaugenehmigungen umsonst gibt,das mongolische Volk muß selbstverständlich in einem angemessenen Rahmen beteiligt werden.
Bei diesen Riesenvorkommen an Kupfer,eisen,Gold etc. kommt es auf 10 % mehr oder weniger für die westlichen Unternehmen nicht wirklich an.

[evens]

So langsam kommt Schwung in die Aktie!

[spezialdigger]

Antwort auf Beitrag Nr.: 34.442.513 von evens am 04.07.08 21:44:46

ja +6,63% in Toronto und das in diesem Umfeld...ich werde am Montag noch einmal nachlegen

[TomCole]

Neu:

BASE METALS
MINING AGREEMENTS STILL IN LIMBO
Post-election uncertainty delays formation of Mongolian government
Political uncertainty delays formation of a government that could approve Mongolian mining agreements, including Oyu Tolgoi.
Author: Lindsay Beck
Posted: Sunday , 06 Jul 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=56….


Nachtrag:

Opposition alleges fraud in Mongolia vote
Tue Jul 1, 2008 2:47pm IST
ULAN BATOR, July 1 (Reuters) -
S. http://in.reuters.com/article/oilRpt/idINPEK27460920080701.

[TomCole]

BASE METALS
ANALYSIS
Analysts say Mongolian Govt. mine ownership is not good idea
Analysts say successive Mongolian governments have failed to provide objective and realistic information about the potential deals, and exacerbate misconceptions with promises of revenues from projects years away from production.
Author: Lindsay Beck
Posted: Monday , 07 Jul 2008
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=56….

[calexico]

hallo

kann mir jemand sagen was da los ist? verstehe nicht alles english.

besten Dank

[TomCole]

Antwort auf Beitrag Nr.: 34.461.641 von calexico am 08.07.08 16:21:50

Hallo calexico,
nach einer Parlamentswahl der Mongolei mit anschließenden Unruhen ist meiner Ansicht nach nun v.a. abzuwarten, wann eine neue Regierung welches Berbaugesetz verabschiedet, das voraussichtlich für die künftigen Aktivitäten von Ivanhoe in der Mongolei von entscheidender Bedeutung sein wird.
Beste Grüße,
Tom

[evens]

chart sieht gut aus!
Ausbruch über die 12 Dollar könnte diese WOche noch kommen!

[evens]

Ausbruch steht bevor!
Und das in diesem Marktumfeld!

[spezialdigger]

Antwort auf Beitrag Nr.: 34.492.624 von evens am 11.07.08 21:15:01

jo,das sieht gut aus!!

[evens]

+5% an solch einem Börsentag!
War das jetzt der Ausbruch??

[spezialdigger]

Antwort auf Beitrag Nr.: 34.516.044 von evens am 15.07.08 22:54:33

Nein da kauft grad jemand kräftig für die Übernahme ein....

[RedStar91]

Antwort auf Beitrag Nr.: 34.516.086 von spezialdigger am 15.07.08 23:01:33

Ja da gebe ich dir recht. bei diesem schlechten marktumfeld kann dies
nur so sein. und ivn muss sehr viel wert sein und die zeit wohl auch knapp wenn man nicht warten kann billiger einzusteigen. bin hier gut inv. und z.zt. happy!

[spezialdigger]

Antwort auf Beitrag Nr.: 34.516.327 von RedStar91 am 15.07.08 23:50:42

eine einzige wirklich gute Nachricht....die keine Spekulation ist....und der Kurs explodiert.

[evens]

hab hier leider nur ne kleinere Position, aber 100% sind 100%!

[RedStar91]

hammervolumen! jetzt wird bald die bremse gelöst.

[spezialdigger]

Antwort auf Beitrag Nr.: 34.524.522 von RedStar91 am 16.07.08 21:48:50

Im Moment decken sich mehrere Investmentfonds mit Ivanhoe ein,daher das hohe Volumen.
Mal sehen wie sich das bei uns auswirkt,immerhin ist das Volumen in Deutschland noch im Tiefschaf

[spezialdigger]

Antwort auf Beitrag Nr.: 34.526.121 von spezialdigger am 17.07.08 09:05:03

Ivanhoe Mines Ltd (IHM.BE) newly added by Bridgewater Associates Inc
By: MARILYN DUNN Approving Editor: JAMES SMITH

LONG BEACH (Mffais.com) - Bridgewater Associates Inc added the Ivanhoe Mines Ltd (IHM.BE) company to their portfolio, by buying 83,700 shares as shown by filings made public on 2008-07-15.

The stock is currently owned by 167 funds/institutions with a total activity score of 0.17. With 50.69 % of owning funds reported recently buying shares, 13.19 % maintaining existing share level and 36.11 % selling shares. Full details for Ivanhoe Mines Ltd (IHM.BE) available at http://www.mffais.com/ihm.be.html


Das ist einer von vielen!

[RedStar91]

na heute wird ein bisschen druck abgelassen. durchatmen und hoffe dann
weiter.

[calexico]

???????????????
Hat jemand news...ist ja wohl ein reinfall diese ivanhoe...schad

[spezialdigger]

Antwort auf Beitrag Nr.: 34.570.887 von calexico am 23.07.08 16:41:05

Wenn Du ein pennystocker mit der Hoffnung auf schnelle Gewinne bist...und auch noch schlechte Nerven hast,dann...RAUS RAUS RAUS!!!!
Wenn Du aber ein Mensch mit Weitsicht bist wirst DU in den nächsten drei jahren 500 % und mehr machen..



entscheide selbst!!

[calexico]

He spez..aber das der kurs seit den *good news" dauernd am sinken ist mehr oder weniger muss doch irgendein grund vorhanden sein...

[spezialdigger]

Antwort auf Beitrag Nr.: 34.579.464 von calexico am 24.07.08 16:23:11

das ist nicht ganz richtig,bisher gab es keine wirklichen "good news"
ganz im Gegenteil ,es herrscht momentan ein ziemliches Chaos in der Mongolei!
jedoch reagiert der Kurs auch auf die kleinste positive Spekulation da nun mal alle wissen das dies das wertvollste ABBAUGEBIET ZUR ZEIT IST
Ich mein das schon ernst ,der Kurs wird sich vervielfachen..
alles eine Frage der Zeit
Die welt braucht Rohstoffe!
Von Jahr zu Jahr mehr!

[spezialdigger]

Antwort auf Beitrag Nr.: 34.579.464 von calexico am 24.07.08 16:23:11

na also ,geht doch schon wieder bergauf!
nur nicht den Mut verlieren!

[RedStar91]

Antwort auf Beitrag Nr.: 34.589.221 von spezialdigger am 25.07.08 18:48:46

genau! wir haben einen rohdiamanten im depot. bin sehr zuversichtlich.

[spezialdigger]

Antwort auf Beitrag Nr.: 34.590.013 von RedStar91 am 25.07.08 21:13:30

Über 7% plus an NY---weiter so!

[TomCole]

Juniors to skimp on frills at two-speed gabfest
Matt Chambers
August 04, 2008
S. http://www.theaustralian.news.com.au/story/0,25197,24122322-….

Auszug:
...
Body: Of course, these conditions bring out the best in a spruiker and many will be waiting to see what Canadian billionaire Robert Friedland of Ivanhoe Mines delivers when he jets in tomorrow, the same day his local float, Ivanhoe Australia, is due to start trading on the ASX.

It will also be interesting to hear his take on the recent riots in Mongolia and the effect of this on his and Rio's Oyu Tolgoi copper and gold project.
...

[TomCole]

Antwort auf Beitrag Nr.: 34.649.495 von TomCole am 05.08.08 11:44:55

JUNIOR MINING
DIGGERS & DEALERS
Friedland's Queensland copper/gold company lists tomorrow
Robert Friedland, the great corporate salesman, flew into Kalgoorlie today to both stun and put some oomph into the Diggers & Dealers Forum who have been absorbing a diet of generally uninspiring to negative news.
Author: Ross Louthean
Posted: Tuesday , 05 Aug 2008
KALGOORLIE -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=58….

[TomCole]

Antwort auf Beitrag Nr.: 34.649.545 von TomCole am 05.08.08 11:50:09

A-hunting Ivanhoe will go, with funds from the listing
Jamie Freed
August 6, 2008
S. http://business.smh.com.au/business/ahunting-ivanhoe-will-go….

[TomCole]

Ivanhoe initial public offering hits a bad day
Sarah-Jane Tasker
August 07, 2008
ROBERT Friedland's Ivanhoe Australia opened on the Australian stock exchange yesterday at a discount to the $2 issue price of its $125 million initial public offering. Fat Prophets analyst Gavin Wendt said it was an unfortunate time to list.
S. http://www.theaustralian.news.com.au/story/0,25197,24139174-….

[TomCole]

BASE METALS
Q208 NET INCOME OF $127.5M
Ivanhoe says Oyu Tolgoi copper/gold mega project negotiations will resume in Mongolia
Ivanhoe Mines said Thursday that the company anticipates that the negotiations of the Oyu Tolgoi Investment Agreement will resume after the first session of the Mongolian Parliament begins.
Author: Dorothy Kosich
Posted: Friday , 15 Aug 2008
RENO, NV -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=59….

[TomCole]

ASX Announcement,
Exco Resources Limited (ASX: EXS),
21 Aug 2008, 1:18 pm,
Ivanhoe Completes Initial Joint Venture Earn-In,
s. http://stocknessmonster.com/news-item?S=EXS&E=ASX&N=418195.

EXS s. auch Thread: Exco Resources „Exco Resources“.

[RedStar91]

Hi Tom! Nachdem Du leider hier Alleinunterhalter spielen musst. Hier
ein kurzes Statement von mir zu IVN: Es sieht z.Zt. sehr gut aus sowohl charttechn. als auch das bald die ersehnten News kommen sollten. Und dann gehts m.E. nur noch in eine Richtung und zwar rasant. Dieses Potential ist Sahne!!!

[TomCole]

Antwort auf Beitrag Nr.: 34.845.240 von RedStar91 am 25.08.08 11:11:47

Hallo RedStar91,

vielen Dank für Deine Rückmeldung! Es macht mir nichts aus, den Alleinunterhalter zu geben. Wenn ich beim Lesen auf etwas Relevantes stoße, stelle ich es ohne große Mühe nur schnell hier ein.

Auch ich finde, dass der Chart im Moment gut aussieht.

Für gute News hinsichtlich Mongolei brauchen wir m.E. die nötige Geduld für den gesamten Prozess ab Beginn der Parlamentssitzungen und der Regierungsarbeiten über die Beratungen zur Überarbeitung des Mineralien-Gesetzes im Parlament bis hin zu einem Vertrag zwischen Ivanhoe Mines-Rio Tinto und der Regierung vielleicht im Laufe der nächsten 6 - 9 Monate.

Naturgemäß werden sich dabei die erhofften Fortschritte sprunghaft ergeben, z.B. durch Ausschusssitzungen, Anhörungen, Kabinettsbeschlüsse, Gesetzeslesungen und schließlich Gesetzesverabschiedung sowie Vertragsabschluss.

Entsprechend sprunghaft wird sich m.E. auch der Kurs entwickeln. Hier kann sich m.E. die Gefahr ergeben, dass man nicht rechtzeitig vor einem Kurssprung eingestiegen ist.

Beste Grüße,
Tom

[TomCole]

GOLD NEWS
MINING 20 PERCENT OF GDP
Hopes rise for huge Oyu Tolgoi copper/gold mine agreement ratification as Mongolian Pariament sworn in
After five deaths in post-election riots and a nearly two-month political boycott, Mongolia finally gets its parliamentary house in order. Next on the horizon—forming a new government.
Author: Dorothy Kosich
Posted: Friday , 29 Aug 2008
RENO, NV -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=60….

[spezialdigger]

Antwort auf Beitrag Nr.: 34.925.351 von TomCole am 31.08.08 14:16:51

Ich weiß,
das sieht gerade sehr entmutigend aus ,
in ein paar Wochen jedoch redet keiner mehr über diesen Sturz,
die mongolischen Regierungsparteien sind nämlich gerade dabei sich zusammenzuraufen und werden mit Sicherheit bald eine Entscheidung fällen
Nachlegen ist jetzt angesagt

[TomCole]

7:15 PM, 9 Sep 2008
Ivanhoe to develop local copper mines
By James Regan of Reuters
S. http://www.businessspectator.com.au/bs.nsf/Article/INTERVIEW….

Auszüge:
"...
Ivanhoe Australia Ltd , 83 per cent owned by Ivanhoe Mines Ltd of Canada, will develop three new copper mines in eastern Australia over the next five years, Chief Executive Peter Reeve has said.
...
Ivanhoe of Canada is headed by mining magnate Robert Friedland and in partnership with Rio Tinto Ltd/Plc is attempting to exploit Mongolia's Oyu Tolgoi copper mine in Mongolia, estimated to be one of the world's largest.

The two companies have been trying to nail down an investment agreement with the Mongolian government amid political squabbling over ownership rights in order to start construction work on the mine, discovered seven years ago. Rio owns 10 per cent of Ivanhoe in Canada.
..."

[TomCole]

Hier geht es am Rande auch um das Thema "Mongolei":

GOLD NEWS
DENVER GOLD GROUP
Centerra confident of gold mining outlook with Kyrgyz Republic and Mongolia governments
Toronto’s Centerra Gold is so confident of its mining future in Kyrgyzstan and Mongolia, the company has hired new executives and plans to open an office in Beijing to explore opportunities in China.
Author: Dorothy Kosich
Posted: Wednesday , 10 Sep 2008
RENO, NV -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=62….

Auszug:
"...
In a presentation to the Denver Gold Group Tuesday, Lang also stressed that top Mongolian officials, including the prime minister, have stressed to Centerra that "mining law reform would be their top priority" with both major Mongolian political parties "very supportive of mining law reform."
..."

[TomCole]

Gefunden in Thread: Rohstoff-Explorer: Research oder Neuvorstellung „Rohstoff-Explorer: Research oder Neuvorstellung - Seite 236“,
Posting #2360 von tommy-hl,
s. http://www.wallstreet-online.de/diskussion/1139490-2351-2360…:

Rio's Grasberg mine cuts copper production outlook,
Jeffrey Sparshott,
September 12, 2008,
s. http://www.theaustralian.news.com.au/story/0,25197,24334057-….

[TomCole]

MINING FINANCE AND INVESTMENT
DEPOSITS TO BE PUSHED INTO PRODUCTION
Mongolia creates new Ministry of Mining and Energy to emphasize mining's importance
Mongolia now seems on the way to enabling new mining legislation with the formation of a new Cabinet including a Ministry responsible for Mines and Energy.
Author: Dorothy Kosich
Posted: Friday , 19 Sep 2008
RENO, NV -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=62….

[spezialdigger]

Antwort auf Beitrag Nr.: 35.186.576 von TomCole am 19.09.08 13:14:30

Ich finde das klingt alles äußerst vernünftig(besonders für die mongolischen Verhältnisse)
Nach der Berg und Talfahrt der letzten Woche wäre es langsam auch mal Zeit für berechenbare Handlungen.
Ich hab heut noch mal nachgelegt..mal sehen was kommt

[dibo8]

Ivanhoe Mines Ltd. (IVN)
As of October 20th, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 20/08 Oct 17/08 Garcia, Steven Direct Ownership Common Shares 10 - Acquisition in the public market 8,000 $2.470 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 11,057 $2.840 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 800 $2.830 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 7,000 $2.820 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 2,300 $2.810 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 5,100 $2.800 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 1,900 $2.790 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $2.780 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 5,100 $2.770 USD
Oct 17/08 Oct 17/08 Macken, John Direct Ownership Common Shares 10 - Acquisition in the public market 3,200 $2.760 USD

[KNORPEL]

Antwort auf Beitrag Nr.: 35.046.348 von TomCole am 10.09.08 10:49:52

[spezialdigger]

Antwort auf Beitrag Nr.: 35.906.871 von KNORPEL am 10.11.08 21:25:08

schau mal was?

[TomCole]

JUNIOR MINING
$88M LOSS 3Q08
Ivanhoe threatens to cut Oyu Tolgoi spending, citing lack of progress
Fed-up with one year of delays by the Mongolian Parliament concerning ratification of an investment agreement, Ivanhoe is threatening to significantly cut spending on the massive Oyu Tolgoi joint venture.
Author: Dorothy Kosich
Posted: Monday , 17 Nov 2008
RENO, NV -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=73….

[dibo8]

http://www.reuters.com/article/rbssIndustryMaterialsUtilitie…" target="_blank" rel="nofollow ugc noopener">http://www.reuters.com/article/rbssIndustryMaterialsUtilitie…

[dibo8]

http://www.mongolia-web.com/content/view/2108/2/

[explorer99]

Antwort auf Beitrag Nr.: 36.049.022 von dibo8 am 23.11.08 23:21:46

3,01 in Can. Es geht los mit der Mongolei-Spekulation.

[dibo8]

Antwort auf Beitrag Nr.: 36.097.823 von explorer99 am 27.11.08 23:29:30

hätte nichts dagegen...

[TomCole]

POLITICAL ECONOMY
OYU TOLGOI STATE OWNERSHIP TO INCREASE
Mongolian Parliament considering draft mining law changes
Mongolia’s windfall profits tax cut-off on gold will be increased by $300/oz under draft resolutions submitted to the nation’s parliament.
Author: Dorothy Kosich
Posted: Monday , 01 Dec 2008
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….

[explorer99]

Antwort auf Beitrag Nr.: 36.049.022 von dibo8 am 23.11.08 23:21:46

News aus er Mongolei? Sollte dort nicht am 1.12. entschieden werden?

Immerhin sowas wie eine Kaufempfehlung.....

<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

Speculative fervor poised to return to stock and commodities markets

Indicators are pointing to sharp reversals in both equity values and the prices of some commodities, largely precious metals.

Indicators, both qualitative and quantitative, can be tricky, misleading, and early. In addition, the use of indicators of all stripes, be they technical volatility gauges (VIX), anecdotal, behavorial or mathematical, usually indicates a desire to forecast.

Such desire is usually for the birds – in my book, anyway. Forecasts, be they from economists such as Nobel Prize winner Joseph Stiglitz, or from “Black Swan” practitioners, or from independent newsletters, are merely opinions, and opinions are sometimes right and sometimes wrong.

As a friend of mine, an emergency room physician in Oakland, California, just told me, “Sometimes I make a terrible decision and it works beautifully, and I can make what seems like the correct choice, and it fails.”

Still, like Bob Moriarty at 321gold.com, and James Turk at Goldmoney.com, and others in the world of newsletters and traditional research, I anticipate a probable and imminent rebound in the prices of gold, silver, platinum, palladium, uranium and copper after what has been a four-month funk.

I also see equity values in major markets across the globe rising as mega-investors, flush with that rare commodity, non-leveraged cash, resume their search for leading technologies, humans and services. Only this time, for perhaps the first time in nearly two years, individual securities that represent small and mid-sized companies will stage a steady advance.

In equal words: Speculative fervor to some extent is likely to return to equity markets and commodities markets. See ThomWatch bullet points.

Worldwide markets Wednesday – today – appear to be telegraphing that redemptions of leveraged stocks, commodities and other investments are still occurring. Thousands of securities around the globe are hitting all-time lows. Oil and gold prices continue to head south. And so on.

My No. 1 indicator for speculative fervor represents an objective correlative for extreme risk. I use it as a way of keeping tabs on how the sheiks in Abu Dhabi and the silk suits in Geneva and the brokers in London and Toronto and New York view their chances of making a successful, longish-term investment in something that could provide hefty returns in coming years. Please see ThomWatch thesis.

That indicator is Ivanhoe Mines (TSX: T.IVN, Stock Forum). The company, whose shares I do NOT own, is active in Mongolia and parts of Asia and China. When Ivanhoe Mines shares fall below a $1 billion market worth, as they have Wednesday, I sense among the big money crowd that follows the company’s founder, Robert M. Friedland, that it is time to step up to the plate and buy.

Ivanhoe Mines is in the years-long process of developing a vast copper and gold mine in Mongolia. The company also mines and sells Mongolian coal via a controlling stake in another enterprise. Ivanhoe has approximately $425 million of cash – which these days means nothing to investors. The Oyu Tolgoi project in the Gobi steppelands, a project I have seen and respect, could become one of the globe’s largest copper and gold producers, surpassing mines in Indonesia and South America – as long as it gains the cooperation of Mongolia’s Parliament. See ThomWatch on these points.

A strategic partner, the large miner Rio Tinto, is assisting in that lobbying process. Meanwhile, as Mr. Friedland told me the other day, when I asked him about this intense selling of speculative mining stocks that is occurring everywhere, “Share prices will not have any meaning until forced selling abates after year-end. Our response, like others, will be to hunker down, preserve our cash pools, and cut a deal with the Mongolians, who are getting a sudden education. In our case, extraordinary corporate developments are possible, even likely, due to asset quality. Our company has never been this cheap, but others may say that, too.”

Until then, as discussed here, the 18-month-long (and counting) abandonment of company securities and natural resources, the “100-year drought” in high-risk investments, continues. Investors, as indicated in the Colombia photo my friend Jim Marx shot on our trek to Medellin earlier this year in search of gold, will keep giving speculative investments in mining, life sciences, technology, you name it, in the bronze backside.

I believe, but cannot guarantee, that such rude treatment of investments is close to an easing point of civility.

For the record, Ivanhoe Mines’ shares Wednesday, below US$2 and $2.50 Canadian, represent a market worth of about US$800 million.

At some point soon, I expect our Abu Dhabi robed sheiks, flush with petro-bucks, and others across the planet (sovereign funds, for example, Japanese banks and Swiss pharmaceutical and food companies) who hold non-margined vaults of capital, to start looking for their next 10-year holds. They will be selective – as they can afford to be picky. Please see ThomWatch thesis.

[explorer99]

Sorry, oben zu spät angeklickt. Wie ist das zu interpretieren?

[dibo8]

Antwort auf Beitrag Nr.: 36.128.657 von explorer99 am 02.12.08 09:30:43

Ivanhoe Mines and partner Rio Tinto Plc will cut the workforce at their Oyu Tolgoi copper deposit in Mongolia by 40 percent because of collapsing metal prices. About 250 jobs were cut from the project as part of measures to reduce spending on pre-construction development work, said Keith Marshall, project managing director, in an e- mailed statement today. The shares fell 8.3 percent to C$2.97.
Quelle: Bloomberg.com

meine Meinung:
die Mongolen verlangen zuviel. 40 Prozent der Belegschaft wurden deswegen nach Hause geschickt. das kann so nicht im Interesse der Regierenden sein
schau ma mal ob die sich einig werden

[TomCole]

POLITICAL ECONOMY
NEEDS TO IMPROVE LEGAL ENVIRONMENT
Mining key as Mongolia seeks to attract more foreign investment
A revised minerals law is under development as the country seeks to benefit from its extensive and very large mineral resources and should betabled by mid 2009, if not before.
Author: Joseph Chaney
Posted: Wednesday , 03 Dec 2008
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….

[dibo8]

TopStory: Metallpreisrückgang gefährdet Minenprojekte in der Mongolei

mongolei kartefinancial.de TopStory: Der drastische Rückgang der Metallpreise hat das Risiko erheblich steigen lassen, dass Bergbauunternehmen sich aus vielversprechenden Investitionsvorhaben in der Mongolei zurückziehen, nachdem auch die Ausarbeitung eines tragfähigen Minengesetzes oder Steuersystems kaum vorangekommen ist. Diese Gefahr sei besonders hoch in den Sektoren Kupfer, Gold und Uran, betonte Graeme Hancock, Bergbauspezialist der Weltbank, am Rande der Papua New Guinea Mining and Petroleum Investment Conference. Für den Uranbergbau gebe es kein gesetzliches Regelwerk und der Bereich trete auf der Stelle. Dasselbe gelte für Kupfer und Gold, sagte Hancock.

Nach dem jahrelangen Gezerre um ein neues Bergbaugesetz wird es eng für die Minenunternehmen, und die sinkenden Rohstoffpreise und eingefrorenen Kreditmärkte zwingen sie zu Sparmaßnahmen. So hat das Großprojekt Oyu Tolgoi sein Personal um 40% auf 750 verringert und wartet nun auf Fortschritte in den Verhandlungen mit der Regierung. Das Ziel ist die Erstellung eines Investitionsabkommens, das als Blaupause auch für andere Vorhaben dienen könnte. Oyu Tolgoi, ein Joint Venture von Ivanhoe Mines Ltd (Kanada) und Rio Tinto Ltd (Australien), soll auf eine Jahresproduktion von 440.000 t Kupfer und 320.000 Feinunzen Gold kommen. Wegen Verzögerungen beim Genehmigungsprozess ist der Produktionsbeginn bereits auf 2011 von 2010 verschoben worden.

2006 hatte die Regierung überraschend ein Gesetz vorgelegt, das ihr die Übernahme von 34% an strategischen Assets ermöglicht, die ohne staatliche Finanzierung ausgebeutet werden. Bei Lagerstätten, für die Hilfen des Staates gewährt werden, steigt dieser Anteil sogar auf 50%. In der Folge haben sich die Ausgaben für Exploration halbiert. Im selben Jahr sicherte sich die Regierung 68% Steuern auf Gewinne, die den Minenbetreibern beim Goldverkauf zufallen, wenn der Preis des Edelmetalls über 500 USD/Feinunze liegt, und beim Absatz von Kupferkonzentrat bei einem Kupferpreis oberhalb von 2.600 USD/t. In der vergangenen Woche wurde diese Grenze beim Gold auf 850 USD/Feinunze angehoben, während sie für Kupfer unverändert bleibt. Der Regierung sei es klar, dass die Besteuerung der Windfall-Profite ein Hindernis für Oyu Tolgoi sei, meint Hancock. Man bemühe sich nun um eine alternative Steuerregelung, allerdings habe hierzu noch keine parlamentarische Erörterung stattgefunden. Die nächsten zwölf Monate würden entscheidend sein, sagte Hancock.

financial.de 03.12.2008

[dibo8]

Ivanhoe Mines says Mongolia sets deadline for draft investment agreement


VANCOUVER, B.C. — Ivanhoe Mines (TSX:IVN) said Friday that the Mongolian parliament has set a deadline for a draft investment agreement for the company's Oyu Tolgoi copper-gold project.

The company said it welcomed the decision by the parliament to authorize the Mongolian government to negotiate a draft investment agreement and present it before Feb. 1, 2009.

The parliamentary resolution proposes that the government seek assistance from internationally recognized experts in concluding the agreement, Ivanhoe said.

The poor, landlocked country is trying to retain more of its natural wealth from its huge mineral deposits, including copper, gold and coal, but it has been hit hard by falling metals prices.

The Mongolian parliament on Thursday passed a resolution to authorize the government to start negotiations with foreign mining companies to develop the Oyu Tolgoi gold and copper mine and the Tavan Tolgoi coal deposits - even though the country hasn't yet decided on how much ownership to take in its own mines.

Ivanhoe is the developer of Oyu Tolgoi alongside strategic partner Rio Tinto PLC.

The current Minerals Law gives the country up to a 34 per cent stake in any privately funded mineral discoveries and up to a 50 per cent stake in government-funded discoveries.

For deposits such as Oyu Tolgoi, the parliament has asked the government to look into holding an initial 34 per cent stake, with that increasing to 50 per cent once investors have recouped their investments.

[explorer99]

Ivanhoe Mines Makes Another High-Grade Discovery of Gold and Copper at the Oyu Tolgoi Project in Mongolia
12/8/2008 8:31:12 AM - Market Wire

Discovery Remains Open to Expansion in All Directions

ULAANBAATAR, MONGOLIA, Dec 08, 2008 (MARKET WIRE via COMTEX News Network) --

John Macken, President and CEO of Ivanhoe Mines Ltd. (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), and Doug Kirwin, Executive Vice-President, Exploration, today announced additional details of the exploration drilling at the company's Oyu Tolgoi Project in Mongolia that has discovered a new zone of high-grade gold and copper mineralization, which has characteristics of the earlier high-grade discoveries at the Hugo Dummett and Southwest Oyu deposits.

The Oyu Tolgoi mineralized structural corridor, as currently defined, now has a total strike length in excess of 20 kilometres - encompassing Oyu Tolgoi in the centre and more recent extensions to the south and north onto the joint Ivanhoe-Entree agreement area.

The latest discovery is highly significant because it indicates that there is a strong probability of an additional gold-rich copper deposit between the previously discovered Heruga Deposit and the Southwest Oyu Deposit. An objective of the ongoing drilling is to establish whether there is a continuous, high-grade mineralized connection between the major Oyu Tolgoi desposits to the north and the more recently discovered Heruga Deposit to the south.

The discovery, which is open to expansion in all directions, is within Ivanhoe Mines' 100%-owned Oyu Tolgoi Mining Licence. It is located in the three-kilometre gap between the Heruga Deposit, which was discovered on the joint Ivanhoe-Entree licence area in 2007, and Ivanhoe's 100%-owned Southern Oyu deposits that were delineated by Ivanhoe's earlier exploration between 2001 and 2005.

Deep diamond drilling on a section 1.5 kilometres north of the Heruga Deposit and 1.5 kilometres south of the Southwest Oyu Deposit targeted a gradient-array Induced Polarization (IP) chargeability anomaly that extends from Heruga to Southwest Oyu. Zones of high-grade copper and gold mineralization were intersected over a distance of 369.3 metres grading 0.83 g/t gold, 0.53% copper, and 64 ppm molybdenum (1.09% copper equivalent). This included an intersection of 78.3 metres grading 2.13 g/t gold, 0.82% copper and 126 ppm molybdenum (2.24% copper equivalent) between 2258 and 2336.3 metres downhole. In addition, this also included a sub-interval of 16.3 metres grading 4.70 g/t gold, 1.56% copper and 168 ppm molybdenum (4.64% copper equivalent).

Visit www.ivanhoemines.com for pictures of the drill core and maps and sections of the new discovery.

POTENTIAL FOR MAJOR NEW GOLD-RICH COPPER DEPOSIT

"Based on the high gold and copper grades, as well as the high gold-to-copper ratio encountered, and the style and tenor of the porphyry mineralization, this drillhole could indicate the discovery of a major new gold-rich copper deposit at Oyu Tolgoi comparable in importance to the Hugo Dummett or Southwest Oyu deposits," said Mr. Kirwin. "Clearly, this newly discovered gold-rich copper porphyry highlights the potential for the largely untested zone between Heruga and the Southern Oyu deposits. The high gold-to-copper ratios are considered to be very significant."

OTD1484, the first hole drilled in this section, intersected carbonaceous sediments that typically are 200-300 metres above mineralization, then passed through a major fault at 830 metres and back into cover rocks to the final depth of 1507 metres. The second hole in the section, OTD1487, and its continuation, OTD1487A, were designed to intersect mineralization 500 metres below the carbonaceous sediments in OTD1484. Weakly mineralized quartz monzodiorite was intersected in the downhole interval from 1423 metres to 1963 metres, before passing through a major fault and into conglomerate that typically directly overlies mineralization. High-grade copper and gold mineralization then was intersected over approximately half of the 358-metre interval to the end of the hole, with the rest of the interval occupied by later, unmineralized dykes and weakly mineralized post-mineral intrusions. The hole was terminated in high-grade mineralization at a downhole depth of 2336.3 metres (a true depth of 2068 metres below surface) due to drilling difficulties.

OYU TOLGOI CORRIDOR MAY BE SINGLE ZONE OF PORPHYRY MINERALIZATION

From the Heruga Deposit in the south, the Oyu Tolgoi mineralized structural corridor now extends north by northeast through the Oyu Tolgoi deposits to the lower-grade copper-gold porphyry occurrence at Ulaan Khud, or Airport North Zone, located approximately 10 kilometres north-northeast of the Hugo Dummett Deposit. In addition, the corridor has been well-defined by the regional gradient-array IP surveys conducted by Ivanhoe's geophysical team led by consulting geophysicist, Grant Hendrickson, P.Geo.

"Based on the geophysics, our recent exploration successes at Heruga and this latest discovery hole, we believe that the Oyu Tolgoi structural corridor may represent one single zone of porphyry mineralization, cut by later faults, dykes and post-mineral intrusions," Mr. Hendrickson said.


Assay results from hole OTD1487A are summarized in the table below.
----------------------------------------------------------------------
Hole From To Interval Au Cu Mo CuEq
Number (m) (m) (m) (g/t) (%) (ppm) (%)
----------------------------------------------------------------------
OTD1487A 1967 1978 11 0.04 0.12 19 0.16
1978 1994 16 0.09 1.55 38 1.63
1994 2028 34 0.02 0.06 8 0.07
2028 2126 98 0.96 0.88 115 1.56
2126 2258 132 0.32 0.14 12 0.35
2258 2336.3 78.3 2.13 0.82 126 2.24
----------------------------------------------------------------------
including 2320 2336.3 16.3 4.70 1.56 168 4.64
----------------------------------------------------------------------
Overall Hole 1967 2336.3 369.3 0.83 0.53 64 1.09
----------------------------------------------------------------------
Copper equivalencies were calculated using the following metal prices
and formula.
(Au equals USD650/oz, Cu equals USD1.35/lb, Mo equals USD10/lb).
(CuEq equals Cu%+((Aug/t x 18.98)+(Moppm x 0.01586))/29.76)
----------------------------------------------------------------------

Quality Assurance and Quality Control

Dr. David Crane, R.P.Geo., Ivanhoe Mines' Mongolia Exploration Manager, a member of the Australian Institute of Geoscientists and a qualified person as required by NI 43-101, supervised the preparation of the information in this news release.

SGS Mongolia LLC prepared the split core at the project site and assayed all samples at its facility in Ulaanbaatar, Mongolia. Ivanhoe's QA/QC program is monitored by independent consultant Dr. Barry Smee, P.Geo., and managed on site by Dale A. Sketchley, M.Sc., P.Geo. In-house, matrix-matched copper-gold-molybdenum standards and blanks are inserted at the sample preparation lab at the project site for quality control monitoring of the assay data.

Ivanhoe Mines shares are listed on the Toronto, New York and NASDAQ stock exchanges under the symbol IVN.

Forward-Looking Statements - This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events such as Ivanhoe's intent to continue drilling at the Oyu Tolgoi Project. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results almost always will vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Readers are referred to the sections entitled "Risk Factors" in Ivanhoe Mines' periodic filings with Canadian and US Securities Commissions.

Contacts: Ivanhoe Mines Ltd. Bill Trenaman Investor Relations [phone] Ivanhoe Mines Ltd. Bob Williamson Media [phone] Website: www.ivanhoemines.com

SOURCE: Ivanhoe Mines Ltd.

http://www.ivanhoemines.com



Ivanhoe Mines Ltd.: SouthGobi Energy Resources Reaches 2008 Target Coal Production of One Million Tonnes Ahead of Schedule and Below Budget at Its Ovoot Tolgoi Coal Mine in Southern Mongolia
12/8/2008 9:00:03 AM - Market Wire

Infrastructure construction continues

VANCOUVER, BRITISH COLUMBIA, Dec 8, 2008 (Marketwire via COMTEX News Network) --

Ivanhoe Mines Ltd. (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) -

Ivanhoe Mines' 80%-owned subsidiary, SouthGobi Energy Resources Ltd.(TSX VENTURE:SGQ), announced today that the Ovoot Tolgoi mine in southern Mongolia has produced its first 1,000,000 tonnes of coal ahead of schedule and below budget.

"We are very pleased to announce this coal production milestone at Ovoot Tolgoi," said Gene Wusaty, SouthGobi Energy's Chief Operating Officer. "Our initial success at Ovoot Tolgoi is a positive reflection on the management, staff and employees at the mine and this further solidifies our position as a significant new coal producer in Mongolia."

Ovoot Tolgoi has surpassed its budgeted production for 2008 of 1,000,000 tonnes of coal as of November 29, 2008, and is on track to produce 1,100,000 tonnes of coal in 2008. The actual site cash cost of production at the Ovoot Tolgoi mine through October 31, 2008 was approximately US$8.20 per tonne of coal produced, 32% under budget. The Ulaanbaatar office overhead costs through the same period were approximately US$3.20 per tonne of coal mined, 27% under budget. The overhead cost includes the lease renewal costs of the company's 46 Mineral Exploration Licences (MELs). The Ovoot Tolgoi development capital cost of approximately US$42 million for the project also is on target.

Coal shipments commenced September 22, 2008, part of two one-year 2008 contracts for 700,000 tonnes of a 6,300 kcal thermal coal product, sold and loaded on customer coal trucks at the Ovoot Tolgoi mine gate. The forecast for 2009 coal production is approximately 2,900,000 tonnes. Discussions have started with customers on 2009 coal sales. All tonnages are expected to be sold into western Inner Mongolia and Gansu Province in China.

Infrastructure Construction Update

Construction continues on three major infrastructure projects to support the Ovoot Tolgoi mine - a workshop / warehouse complex, an administration facility / accommodation camp and concreting the Ovoot Tolgoi airport runway.

Construction on both the permanent shop facility and camp accommodation complexes will continue through the winter with completion scheduled for late in the second quarter 2009. A new shop facility is being erected and has been designed to accommodate the larger 240-tonne truck fleet, which has been purchased and is scheduled to arrive in the third quarter 2009. The shop facility also includes a drive-through wash bay, welding shop, warehouse and offices. An on-site coal quality testing laboratory will be relocated into this building once completed.

The new camp is designed to sleep up to 196 people, which could be expanded to accommodate up to 286 people. The company has more than 200 employees in Mongolia, of which more than 95% are Mongolian Nationals. The company has 179 employees at the mine site, with more than 30% from the local area.

A new concrete runway at the adjacent airport has been completed and the concrete is now curing. It is expected that final Mongolian Civil Aviation Authority approval to begin using the new runway will be received by year-end. Regular charter flights continue on the dirt runway until the concrete runway is approved. The Ovoot Tolgoi workforce residing in Ulaanbaatar are transported to and from the mine via regular charter flights directly to Ovoot Tolgoi, approximately 950 km southwest of the capital. Ovoot Tolgoi is a fly-in/fly-out operation with crew rotations every 14 days. The remaining employees that reside in the local community are provided with bus transportation to/from the mine.

Cross border coal traffic inefficiencies and coal transportation have been key areas targeted by SouthGobi for improvement. SouthGobi has formally requested the government to convert the day shift only Shivee Khuren (Ceke) border checkpoint to a permanent 24/7 status to maximize coal exports. The request has been met favorably by the Mongolian government with the appointment of a working group made up of representatives from Customs, the Specialized State Inspection Agency, the Military and the Ministry of Foreign Affairs. The working group has visited the Ovoot Tolgoi mine and the Shivee Khuren checkpoint with representatives of the Company to identify and assess the requirements for conversion of the checkpoint to a permanent status. SouthGobi is working with a neighboring mining company on upgrading and maintaining the existing 45 kilometre road from the mine site to the checkpoint. SouthGobi also has purchased and installed a dedicated 150-tonne weigh scale at the checkpoint which is being used for official weighing of SouthGobi coal exports.

In October, as part of its increased involvement in China, SouthGobi opened a representative office in Beijing to assist in all dealings in the country. As well, the company opened a small office in Ceke, China, to facilitate company matters across the border.

The 2008 exploration program which is concluding shortly, concentrated on delineating coal resources on the new Sumber Project, where near-surface seams of high-quality coking and thermal coal was discovered. SouthGobi plans to have a National Instrument 43-101 compliant resource estimate and classification report in the first half of 2009. Once completed, mine planning will be initiated and an application for a mining licence will be submitted for the development of this project.

Significant exploration also was carried out on the Ovoot Tolgoi underground project (below the surface mine resources) focused on delineating coal resources to the standards prescribed by National Instrument 43-101, which is expected to be completed in the first half of 2009. Exploration also was carried out on the coal fields to the east and west of Ovoot Tolgoi. In addition, drilling work continued on greenfields exploration targets and the Tavan Tolgoi and Tsagaan Tolgoi areas.

Mr. Wusaty, SouthGobi Energy's Chief Operating Officer, a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.

About SouthGobi Energy Resources

SouthGobi Energy Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region and its Eocene-age metallurgical coking and thermal coal deposits in East Kalimantan, Indonesia. The company's flag-ship coal mine, Ovoot Tolgoi, is in production and selling coal to customers in China. The company plans to supply a wide range of coal products and electricity to markets in Asia. The company also is investigating the implementation of clean-coal technologies in the development of coal power-generating capacity to benefit all of its stakeholders.

The company's metals division is focused on the exploration and development of its copper and gold projects in Mongolia and Indonesia.

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, the forecast production for 2008 of 1,100,000 tonnes, the forecast for 2009 coal production of approximately 2,900,000 tonnes, tonnages to be sold into western Inner Mongolia and Gansu Province in China, the timing to complete the permanent shop facility and camp accommodation complexes, the timing for the arrival of the 240 tonne truck fleet, the timing to receive final Mongolian Civil Aviation authority approval to use the new runway, the timing to bring the Sumber and Ovoot Tolgoi underground resources into National Instrument 43-101 compliance, the initiation of mine planning and the application for a mining licence for the Sumber Project, the company's future ability to supply coal products and electricity to markets in Asia, and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although SouthGobi Energy Resources believe that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in SouthGobi Energy's Management's Discussion and Analysis of Financial Condition and Results of Operations for the nine months ended September 30, 2008, and its Annual Information Form dated March 28, 2008 which is available at www.sedar.com.

SOURCE: Ivanhoe Mines Ltd.

SouthGobi Energy Resources Steven Feldman Investors [phone] SouthGobi Energy Resources Bob Williamson Media [phone] Website: www.southgobi.com

[TomCole]

MINING FINANCE / INVESTMENT
NEW GOLD ZONE AT OYU TOLGOI
Mongolian drill results send Ivanhoe shares soaring
Shares in Ivanhoe Mines have jumped by 20% on news of the discovery of a new high-grade gold and copper zone at Oyu Tolgoi in Mongolia.
Author: Cameron French
Posted: Tuesday , 09 Dec 2008
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=74….

[TomCole]

Ivanhoe shares surge on metal find
Sarah-Jane Tasker
December 09, 2008
S. http://www.theaustralian.news.com.au/story/0,25197,24770472-….

[TomCole]

Antwort auf Beitrag Nr.: 36.174.883 von TomCole am 09.12.08 18:24:37

Die Meldung im vorigen Posting #93
bezieht sich (wohlgemerkt!) auf Ivanhoe Australia (ASX: IVA)
mit dem (zusätzlichen!)
ASX Announcement,
8 Dec 2008, 9:56 am,
High-Grade Molybdenum and Rhenium Discovery,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=311018.

[neptuhn]

Hi ! Was ist denn nun ist Ivanhoe Pleite ?

Der Kurs sieht ja nicht so berauschend aus !! Bin der Englischen Sprache nicht so mächtig

[dibo8]

Ivanhoe Sees Light at the End of the Tunnel
29 December, 2008 02:08:00 Justin Kuepper
Font size: Decrease font Enlarge font

Ivanhoe Mines Ltd. (NYSE: IVH) and Rio Tinto (NYSE: RIO) received some good news over the past few weeks. Mongolia’s parliament voted to set a deadline of February 2009 for completing a long-awaited draft investment agreement for its giant Oyu Tolgoi project. Ivanhoe and Rio Tinto are the two miners who have rights to what many believe is the largest undeveloped copper and gold mine in the world.

Gold and copper prices have also staged an impressive recovery after hitting a multiyear low. The prices of both commodities rallied during last week’s shortened trading session and futures opened higher during this week’s session. The main catalyst is seen as the lower U.S. dollar as both commodities are priced in dollars on all major exchanges. However, this rally may only be a temporary phenomenon.

Copper prices are expected to remain weak as much of the world remains in middle of a recession. Since most of copper’s demand is for commercial uses, a recovery may not take effect until the world’s economies begin to turn. However, gold is often used as an inflation-hedge and may be seen again as a safe-haven for worried investors. Recently, Japanese and Israeli investors have been strong buyers.

Despite the bullish outlooks, Ivanhoe continues to trade at a low valuation after the Mongolian projects were called into question. The company waited more than four years to reach an agreement with the government on its $3 billion investment. Now there may be increased visibility as far as this agreement, but many copper producers are cutting output as prices for the commodity has plummeted.

Ivanhoe mines is a Canada-based international mining company with operations focused in Central Asia and the Asia Pacific region. The assets include Oyu Tolgoi Copper and Gold project in southern Mongolia, its Cloncurry Iron-Oxide-Copper-Gold project in Queensland and its Bakyrchik Gold project in Kazakhstan. The company has yet to reach profitability through the operations in these areas.

Shares of Ivanhoe rose $2.85, or 1.98%, to $2.58 in pre-market trading today.

[explorer99]

Alle schon raus hier? Keiner sagt was zum irren Anstieg auf 4,50$. Morgen entscheidet sich in der Mongolei das weitere Procedere...

[spezialdigger]

Antwort auf Beitrag Nr.: 36.319.060 von explorer99 am 06.01.09 20:59:20

wieso morgen?

[Rolex]

Antwort auf Beitrag Nr.: 36.319.840 von spezialdigger am 06.01.09 22:13:47

super Anstieg! kennt jemand die Gründe?

[Rolex]

Antwort auf Beitrag Nr.: 36.319.986 von Rolex am 06.01.09 22:27:28

Ivanhoe Mines Ltd.: SouthGobi Energy Resources Receives Approval for the Start of Surface Coal Mining at the Mamahak Coal Project in East Kalimantan, Indonesia
Wednesday January 7, 2009, 2:23 pm EST
Yahoo! Buzz Print VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 7, 2009) - Ivanhoe Mines Ltd. (TSX:IVN - News; NYSE:IVN - News; NASDAQ:IVN - News) -

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd. (TSX VENTURE:SGQ - News), and Gene Wusaty, Chief Operating Officer, announced today that a Location Permit (ljen Lokasi) has been issued by the local government that allows the company to commence surface coal mining of the SW Deposit on the MCM concession at the Mamahak Coal Project in East Kalimantan, Indonesia.

"The timing of the approval allows for SouthGobi to prepare for the start of coal mining operations in the first quarter 2009," said Mr. Wusaty. "With results from our recent bulk sample confirming high-fluidity metallurgical coking coal, we plan to introduce this coal to selected Asian steel mills for testing."

Ivanhoe Mines is SouthGobi Energy Resources' largest shareholder and currently owns, directly and indirectly, approximately 80.2% of SouthGobi's issued and outstanding shares.

Other project developments

- Construction activity at the Mamahak Project site is focused on the completion of a 30-kilometre haul road from the SW Deposit to the barge port on the Mahakam River. Construction is in progress on the installation of a river barge-loading terminal capable of loading 600 tonnes per hour, which will be located at Long Habung on the Mahakam River.

- SMG Consultants is drafting a report defining coal resources according to National Instrument 43-101 standards incorporating technical information from 218 drill holes completed at Mamahak.

- A new bulk sample of coal from the E Block is currently being taken. Further drilling and sampling at the SW and E blocks to extend resources along the strike of both deposits also is progressing.

- Drill crews have been mobilized to the BKL concession area (northwest of the initial mining area) to commence drilling of targets identified by a new reconnaissance mapping report.

SouthGobi recently increased its working interest in the Mamahak Joint Venture from 56% to 85% and has provisions in the joint-venture agreement to increase its working interest to 100%. The Mamahak Coal Project is ideally located to supply the Japanese, Korean, Indian and Chinese coastal markets and complements SouthGobi's established operating coal mine, Ovoot Tolgoi, in southern Mongolia.

Gene Wusaty, SouthGobi Energy's Chief Operating Officer, a qualified person as defined by National Instrument 43-101, supervised the preparation of the technical information in this release.

About SouthGobi Energy Resources

SouthGobi Energy Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region and its Eocene-age metallurgical and thermal coal deposits in East Kalimantan, Indonesia. The company's flagship coal mine, Ovoot Tolgoi, is in production and selling coal to customers in China. The company plans to supply a wide range of coal products and electricity to markets in Asia. The company also is investigating the implementation of clean-coal technologies in the development of coal power-generating capacity to benefit all of its stakeholders.

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, the company's ability to start mining operations in Indonesia during the first quarter of 2009, introducing the mined coal to selected Asian steel mills for testing, the company's future ability to supply coal products and electricity to markets in Asia, and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although SouthGobi Energy Resources believe that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in SouthGobi Energy's Management's Discussion and Analysis of Financial Condition and Results of Operations for the nine months ended September 30, 2008, and its Annual Information Form dated March 28, 2008 which is available at http://www.sedar.com/.

[TomCole]

Antwort auf Beitrag Nr.: 36.174.985 von TomCole am 09.12.08 18:40:10

Mehr zu Ivanhoe Australia (ASX: IVA):
... "Canada-based Ivanhoe Mines owns 80 per cent of Ivanhoe Australia." ...
S.
Ivanhoe shares on the move after drilling results,
Sarah-Jane Tasker,
January 15, 2009,
http://www.theaustralian.news.com.au/story/0,25197,24913762-….

[TomCole]

ENERGY
DEALTALK
Mongolian Tavan Tolgoi mine auction: High rewards, high risks
A fiscally strapped Mongolian Government is seriously considering selling the world's biggest undeveloped coaking coal deposit.
Author: Joseph Chaney and Michael Flaherty
Posted: Monday , 19 Jan 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page38?oid=76….

Auszug:
...
"But since the discovery of copper and gold deposit Oyu Tolgoi -- a joint project between Canada's Ivanhoe Mines and Rio Tinto -- in 2001, Mongolia's laws have gone from among the most attractive in the world for foreign miners to increasingly protectionist.

The 2006 version of the law allowed the state a share of up to 34 percent of deposits found with private funds and up to 50 percent of those discovered with state funds. Mongolia has since delayed revising its contentious minerals law.

Ivanhoe and Rio say Oyu Tolgoi could raise Mongolia's GDP -- roughly $8.5 billion -- by more than a third, and a mining boom could create huge wealth for a country of less than 3 million people, many of whom are nomadic herders."
...

[TomCole]

POLITICAL ECONOMY
AGREEMENT TO BE SUBMITTED TO PARLIAMENT IN MARCH
Mongolian government says to own 34% of massive Oyu Tolgoi copper-gold project
The Mongolian government is standing by its original agreement to seek only a 34% ownership in Oyu Tolgoi - one of the world's largest known copper-gold deposits.
Author: Dorothy Kosich
Posted: Friday , 06 Feb 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….

[spezialdigger]

Antwort auf Beitrag Nr.: 36.529.234 von TomCole am 06.02.09 16:50:21

Ja langsam wirds wieder spannend,
sollte das mongolische Parlament tatsächlich auch noch
die windfall tax kippen...wird es mit mächtigem Druck aufwärts gehen!!
in ein bis zwei wochen wissen wir mehr

[dibo8]

http://www.mongolia-web.com/content/view/2244/2/
Oyu Tolgoi agreement may be heading to Parliament PDF Print E-mail
Monday, 23 February 2009
The government committee negotiating a mining agreement to extract minerals from Oyu Tolgoi and Tavan Tolgoi will submit their proposal at Wednesday's cabinet meeting and then forward it for approval by the parliament.

Negotiations have been ongoing between the government and mining partners Ivanhoe Mines Inc. and Rio Tinto.

Highlights from the proposed agreement include the government having a 34 percent ownership stake in the mines. After one year of the extension of the agreement, an additional 16 percent will be transferred to Mongolia, which will gain a 50 percent share.

Also, Mongolia will receive a pre-payment of USD 125 million in advance of the mining.

Further, the mining companies have agreed to use Mongolians for 90 percent of all jobs and to build smelting operations in Mongolia.

Lastly, China will provide energy for the mining operation for its first four years and Mongolia will take over supplying energy after that.

Ouy Tolgoi agreements have been repeatedly negotiated in the past, only to be stalled or rejected in Parliament. However, with Mongolia now seeking revenues, it is possible this agreement may be approved.

[spezialdigger]

Antwort auf Beitrag Nr.: 36.632.266 von dibo8 am 23.02.09 11:15:02

http://www.google.com/finance?q=NYSE:IVN

jetzt gehts aber steil nach oben!!

[spezialdigger]

Antwort auf Beitrag Nr.: 36.652.426 von spezialdigger am 25.02.09 18:24:21

unglaublich was ist los da ich kann keine Nachricht finden

[TomCole]

Antwort auf Beitrag Nr.: 36.652.562 von spezialdigger am 25.02.09 18:40:41

Gibt es einen Kabinettsbeschluss zu Oyu Tolgoi???

[spezialdigger]

Antwort auf Beitrag Nr.: 36.659.744 von TomCole am 26.02.09 16:03:31

Aus dden Nchrichten der

"Deutsche Mongolei Agentur" vom 01.03.2009

Bald Abschaffung der Sondergewinnsteuer?
Bei einem Treffen von Regierungsmitgliedern mit Vertretern der Mongolbank, der Trade and Development Bank sowie der Bergbauunternehmen am 20. Februar wurde der Vorschlag erörtert, die Sondergewinnsteuer von 68 Prozent auf Bergbauprodukte abzuschaffen. Voraussetzung für die Abschaffung sei der Verkauf allen geförderten Goldes über die Mongolbank.
Die Regierung wünsche außerdem ein stärkeres Engagement der Geschäftsbanken bei der Kreditvergabe an die Goldbergbauunternehmen.

Wer bekommt Tavantolgoi?
Tavantolgoi, der Welt größtes Kohlevorkommen - 6,5 Milliarden Tonnen – zieht das Interesse der wichtigsten Bergbau- und Energieunternehmen auf sich. 49 Prozent der Anteile werden ausgeschrieben. Die Deutsche Bank und JP Morgan sollen im Auftrag der mongolischen Regierung helfen, die nötigen Voraussetzungen zu schaffen.
Die potenziellen Bieter aus Japan, Russland, China, Australien, den USA … warten nur noch auf die Verabschiedung des modifizierten Bergbaugesetzes.

[dibo8]

Ivanhoe Mines Welcomes Mongolian Cabinet Endorsement of Draft Oyu Tolgoi Investment Agreement
Marketwire
March 03, 2009: 08:27 AM ET

John Macken, President and CEO of Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), today welcomed a Mongolian Government announcement that a comprehensive draft Investment Agreement to facilitate the construction and development of the Oyu Tolgoi copper-gold mining complex now has been endorsed in principle by Mongolia's Cabinet and the country's National Security Council.

The Mongolian Government said that the Cabinet had conducted its second review of the draft Oyu Tolgoi Investment Agreement on March 2 and had resolved to present the draft agreement to the State Great Khural, or national Parliament, for approval. To take effect, the investment agreement for Oyu Tolgoi requires the approval of the national Parliament, and also the approvals of the boards of directors of Ivanhoe Mines and its strategic partner, Rio Tinto.

The Cabinet authorized the Minister of Finance S. Bayartsogt, the Minister of Minerals and Energy D. Zorigt and the Minister of Environment and Tourism L. Gansukh to initial the agreement to be concluded between the government and Ivanhoe Mines Mongolia.

The Mongolian Parliament currently is meeting in a special session to address budgetary and other national issues arising from the global financial crisis.

http://money.cnn.com/news/newsfeeds/articles/marketwire/0478…

[TomCole]

Antwort auf Beitrag Nr.: 36.690.208 von dibo8 am 03.03.09 15:52:40

Hervorragend!!
Der Kabinettsbeschluss zu Oyu Tolgoi liegt jetzt also vor!

Im nächsten Schritt müssen nun Regierung (Ministerien für Finanzen, Bergbau und Energie, sowie Umwelt únd Tourismus) und Ivanhoe Mines mit Rio Tinto das Investitions-Abkommen aufsetzen. Ich hoffe, dass dies bei den gegebenen erheblichen gegenseitigen Interessen und den bereits seit langem durchgeführten Vorarbeiten zügig geschieht. Ivanhoe Mines zumindest sieht dazu offenbar kein gravierendes Problem (s. nächstes Posting).

Angesichts der negativen Folgen der globalen Finanzkrise für auch die Mongolei wird es m.E. danach dem Parlament möglich sein, einem Investitions-Abkommen die nötige Zustimmung schnell zu geben.

[TomCole]

Antwort auf Beitrag Nr.: 36.691.603 von TomCole am 03.03.09 18:17:44

PDAC
Massive Oyu Tolgoi mine financing should not be a problem
Ivanhoe Mines CEO John Mackey says he feels that financing for the company's huge Oyu Tolgoi copper gold mine should not be too problematic.
Posted: Monday , 02 Mar 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=79….

[TomCole]

BASE METALS
GETS CABINET ENDORSEMENT
Oyu Tolgoi investment agreement heads for Mongolian Parliament
It's déjà vu all over again as the Mongolian Government sends another Oyu Tolgoi agreement for the ratification by a sometimes politically fickle Mongolian Parliament, which is now under considerable pressure to find more revenue.
Author: Dorothy Kosich
Posted: Wednesday , 04 Mar 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=79….

[dibo8]

Antwort auf Beitrag Nr.: 36.696.150 von TomCole am 04.03.09 10:58:33

auf deutsch:
Mongolei befürwortet Vertragsentwurf zu Oyu Tolgoi-Deal


Stuttgart (www.rohstoffe-go.de) Lange hat es sich hingezogen, doch nun meldet der kanadische Bergbau Konzern Ivanhoe Mines Ltd (ISIN CA46579N1033), dass der Entwurf einer Investmentvereinbarung zur Entwicklung des Oyu Tolgoi Kupfer- und Goldprojekts des Unternehmens durch das mongolische Kabinett grundsätzlich befürwortet wird.

Das Kabinett wird die Vereinbarung nun dem mongolischen Parlament vorlegen, dass sich zu einer außerordentlichen Sitzung zusammenfindet, um Etat- und andere Probleme zu besprechen, die sich aus der globalen Wirtschafts- und Finanzkrise ergeben.

Berichten zufolge will die Mongolei eine Beteiligung von 34 Prozent an Oyu Tolgoi erlangen, nachdem man zunächst eine Mehrheitsbeteiligung anstrebte. Ivanhoe hatte 2006 zunächst eine Vereinbarung getroffen, doch diese wurde im vergangenen Jahr zurückgezogen, da die Mongolei auf Grund der gestiegenen Kupfer- und Goldpreise verbesserte Bedingungen durchsetzen wollte.

Die Mine, das größte Entwicklungsprojekt und Auslandsdirektinvestment in der Geschichte der Mongolei soll Schätzungen zufolge über ein Minenleben von 35 Jahren durchschnittlich 440.000 Tonnen Kupfer und 320.000 Unzen Gold pro Jahr fördern. Um das Projekt zu finanzieren hat sich Ivanhoe mit dem Bergbauriesen Rio Tinto (AU000000RIO1) zusammen getan.

Ivanhoes CEO erklärte auf einer Bergbaukonferenz Anfang der Woche, dass die Finanzierung des Projekts kein großes Problem darstellen sollte, obwohl Rio Tinto gerade erst beschlossen hat, mit einem rigorosen Sparprogramm auf den Verfall der Rohstoffpreise und die globale Wirtschaftskrise reagiert hat.


Quelle: Rohstoffe-Go,

[dibo8]

...
In the category of brutal honesty, I have to place John Macken, CEO of Ivanhoe Mines (TSX: T.IVN, Stock Forum) in Mongolia. Ivanhoe is part of a cadre of mining companies exploring for or producing copper, gold and coal in Mongolia, Australia, Kazakhstan and Indonesia.

Macken The Knife

As Mr. Macken told us Monday, Ivanhoe’s negotiations with Mongolia’s government about the taxation and treatment of Robert M. Friedland’s Oyu Tolgoi copper and gold project in the Gobi are continuing. Mr. Friedland, Ivanhoe Capital’s chairman, was said to be in Toronto this week for meetings – contrary to my earlier report.

“We believe our share price is grossly undervalued and will see significant upside even though it has doubled recently,” Macken said. A 20-year veteran of Indonesia’s Grasberg Mine and other copper and gold projects (Freeport McMoRan) over the years, Macken said he expects negotations to conclude in a “win-win for everyone … very soon.”

Macken declined to provide a timeline for the Mongolia talks, which are attempting to reach a compromise on the government’s stance toward the vast Oyu Tolgoi deposits that Ivanhoe has been developing for most of this decade.

Macken, speaking frankly about why he believes Ivanhoe Mines’ shares (total worth about US$1.8 billion) are selling for pennies on the dollar when rated for its copper and gold reserves and its activities in other countries, said, “We hope to see a significant bump in share price once Mongolia is clarified. We hope we and the government have something to announce very soon.”

Mongolia’s hesitation and reversals about Oyu Tolgoi in the past 18 months has evaporated three-quarters of Ivanhoe Mines’ market worth, according to some estimates and opinions. The global Rio Tinto mining conglomerate owns 9% of Ivanhoe Mines – a stake Mr. Macken said theoretically could go as high as 46% with converted warrants and open-share purchases.

Country risk counts, even for the big guns. Mr. Macken at least could take solace in the Oyu Tolgoi camp site, which now sports a dining hall capable of seating 700 workers, he displayed quite plainly in a photograph before his Toronto audience.

http://www.stockhouse.com/Columnists/2009/March/2/Papua-Zamb…

[viena]

Man sollte noch vorsichtig sein..16 Mio Stücke Short ist schon ne Menge!

[TomCole]

GOLD NEWS
$1 BN SPENT TO DATE
Rio Tinto not delaying Mongolian copper/gold mega mine
Rio Tinto says it has no plans to delay the big Mongolian Oyu Tolgoi copper-gold project and denies media reports the $3 billion development may slow.
Posted: Monday , 09 Mar 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=79….


Rio sees delays in Mongolia joint venture
March 9, 2009
S. http://business.smh.com.au/business/rio-sees-delays-in-mongo….

[TomCole]

Ivanhoe Mines Ltd.: Mongolian Parliament's Review of Draft Oyu Tolgoi Investment Agreement Scheduled to Begin This Week
Statement by John Macken, President and Chief Executive Officer, Ivanhoe Mines
8:20 AM ET, March 9, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[TomCole]

BASE METALS
WORKER DIES AT PROJECT SITE
Mongolian Parliament inches closer to Oyu Tolgoi agreement approval
As the Oyu Tolgoi investment agreement makes another run at approval by Mongolia's parliament, project officials reported a fatality Thursday.
Author: Dorothy Kosich
Posted: Friday , 13 Mar 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=80….

[TomCole]

Ivanhoe Mines Ltd.: Mongolian Parliament's Ongoing Review of Draft Oyu Tolgoi Investment Agreement to Continue as a Priority in April Spring Session
Statement by John Macken, President and Chief Executive Officer, Ivanhoe Mines
10:45 AM ET, March 13, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[TomCole]

Antwort auf Beitrag Nr.: 36.719.563 von viena am 06.03.09 21:25:16

Man sollte noch vorsichtig sein..16 Mio Stücke Short ist schon ne Menge!

Kann dadurch ein "short squeeze" entstehen?

Ich vermute, dass es zu Kurssteigerungen kommt zumindest bis Ende der Befassung des mongolischen Parlaments mit der Investmentvereinbarung ab Ende April.

Nach Abschluss der Investmentvereinbarung kann m.E. zur Entwicklung von Oyu Tolgoi eine Kapitalerhöhung nötig werden, die dann möglicherweise dem Kurs abträglich ist.

Oder wie seht ihr das?

[spezialdigger]

Antwort auf Beitrag Nr.: 36.785.231 von TomCole am 17.03.09 17:38:55

Was auch immer kurzfristig passiert ist unerheblich,

wichtig ist langfristig nur das es sich hier um die größte Kupfermine der Welt handelt und es ist nur eine Frage der Zeit wann und zu welchen Konditionen Ivanhoe abbauen wird.
was auch immer passiert ...dieser Kurs wird sich langfristig vervielfachen,ganz egal wer kurzfristig short geht oder nicht.
Ich halte Ivanhoe seit über vier Jahren und es wird sich bald auszahlen

[TomCole]

Antwort auf Beitrag Nr.: 36.795.378 von spezialdigger am 18.03.09 19:07:00

... es ist nur eine Frage der Zeit wann und zu welchen Konditionen Ivanhoe abbauen wird.
was auch immer passiert ...dieser Kurs wird sich langfristig vervielfachen, ...

Das ist sicher ein honoriger Standpunkt . Und es sieht ja auch danach aus, dass Du recht hast (s. Chart: )
Quelle: TMX MONEY, s: http://cxa.marketwatch.com/TSX/en/Market/intchart.aspx?symb=…, Time Frame: All Data.

Auf jeden Fall ist der Kurs jetzt relativ niedrig.

Andererseits bin ich einem guten Trade nie abgeneigt, d.h. bei hohem Kurs raus und bei Rücksetzer wieder rein.

Übrigens gibt es für mich spätestens seit der kürzlichen Finanzkrise gar keinen einzigen "no-brainer" mehr.

[TomCole]

Antwort auf Beitrag Nr.: 36.799.919 von TomCole am 19.03.09 10:59:42

In diesem Zusammenhang ist mir auch das "$350.0 million credit facility agreement" mit Rio Tinto nicht klar (vergl. http://www.ivanhoe-mines.com/s/FactSheet.asp).

Z.B. wie sicher / verbindlich es ist angesichts z.B. der Verschuldung von Rio Tinto (vergl. "Rio Tinto's debt problems and their solutions", 16 Mar 2009, http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=80…).

[TomCole]

Ivanhoe Mines Ltd.: SouthGobi Energy Resources Has Reported a Revision of the Previous Independent Resource Estimate for the West Field at Its Ovoot Tolgoi Coal Mine in Mongolia
New Appointments to SouthGobi's Management and Resource Development Team
6:24 PM ET, March 20, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[TomCole]

ASX Announcement,
Ivahoe Australia Limited (ASX: IVA),
24 Mar 2009, 12:32 pm,
High Grade Merlin Drill Results,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=315693.

[TomCole]

Antwort auf Beitrag Nr.: 36.833.774 von TomCole am 24.03.09 12:22:22

Ivanhoe Australia Reports High-Grade Molybdenum and Rhenium Intercepts Drilled on its Merlin Project
12:30 PM ET, March 24, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

Merlin discovery best in decades
Ben Sharples
March 24, 2009
S. http://news.smh.com.au/breaking-news-business/merlin-discove….

[viena]

!

Dieser Beitrag wurde moderiert.

[spezialdigger]

Antwort auf Beitrag Nr.: 36.841.490 von TomCole am 25.03.09 10:45:00

sorry tomcole aber ivanhoe australia ist ein eigenständiges unternehmen und deshalb für oyu tolgoi nicht relevant.
um verlässliche nachrichten zum thema zu erhalten empfehle ich die seite http://www.mongolei.de/news/ der deitschen mongolei agentur.
die nachrichten dort sind zuverlässig und unvoreingenommen.

dort kannst du sehr gut durchs filtern der nachrichten ein aktuelles stimmungsbild der mongolischen politik finden und dir so ein gutes bild davon machen was die zukunft bringen wird

[TomCole]

Antwort auf Beitrag Nr.: 36.846.502 von spezialdigger am 25.03.09 18:21:06

Sorry spezialdigger ,

aus dem Titel Deines Threads habe ich entnommen, dass es darin um Ivanhoe Mines geht, sicherlich auch besonders unter dem Aspekt von Oyu Tolgoi, aber doch auf dem dem Hintergrund von Gesamt-Ivanhoe Mines. Denn schließlich interessiert uns doch der Kurs des gesamten Unternehmens Ivanhoe Mines Ltd. (TSX: IVN), oder nicht?

In meinem obigen Posting #124 habe ich angedeutet, woraus sich IVN zusammensetzt (s. http://www.ivanhoe-mines.com/s/FactSheet.asp). Dort kannst Du z.B. finden, dass IVN zu 82.9% in Ivanhoe Australia Limited (ASX: IVA) investiert ist. Dies findet sich auch mit dem Wert von "approximately 83%" in meinem obigen Posting #127 (s. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…).

Solche Investitionen von IVN sind m.E. so erheblich, dass man sie bei einer Bewertung von IVN nicht einfach vernachlässigen kann. Dies gilt m.E. übrigens auch für SouthGobi Energy Resources usw.

Bei meiner Bewertung von IVN für mich werde ich also so gut wie mir möglich auch alles Einschlägige im Auge behalten, was über die mongolischen Verhältnisse hinaus geht.

Für Deinen Hinweis auf die Website http://www.mongolei.de/news danke ich Dir.

Besonders hilfreich fand ich in diesem Zusammenhang übrigens z.B. den von dibo8 schon am 23.11.2008 in seinem Posting #81 gegebenen Hinweis auf die Website http://www.mongolia-web.com.(In diesem Posting #81 konnte man seinerzeit Folgendes anklicken: http://www.mongolia-web.com/content/view/2108/2/.)

So bin ich also zuversichtlich, dass ich bei Gesamt-IVN auch hinsichtlich Oyu Tolgoi nichts verpassen werde.

Beste Grüße,
Tom

[evens]

Geht ja ganz gut ab die letzten Tage!

[spezialdigger]

Antwort auf Beitrag Nr.: 36.853.533 von TomCole am 26.03.09 13:56:25

da hast du natürlich recht tomcole,
die beteiligung wirkt sich natürlich auch mit aus.
was ich meine ist auch nur das das projekt oyu tolgoi derartig gewaltige ausmaße hat,das im falle der realisation eine echte vervielfältigung des kurses stattfinden könnte,es würden als langfristiger effekt wohl auch andere große projekte von ivanhoe mines realisiert werden können ...wenn nix schlimmes passiert

[dibo8]

http://www.stockhouse.com/Columnists/2009/March/24-(1)/Mappi…

Moly front: Merlin

Ticker Trax subscribers know all about molybdenum. One tiny moly company mentioned below is the service’s newest Planetary Prospect.

But now Ivanhoe Mines’ Australia unit reports what professionals are calling a startling grade of the element in one of its properties.

In a missive to executives, UBS Securities’ Jo Batershill down under called the latest drill results at Ivanhoe’s recently discovered Merlin Molybdenum deposit in Queensland “simply stunning.” The best results include 53m at 2.25% Mo, 73m at 1.1% Mo . . . all of it geo-speak for intensely thick slices of the so-called ‘miner’s metal. ‘Mo,’ aside from leading the ‘3 Stooges’ in another life, is the element symbol for molybdenum. (The ‘m’ in all that refers to meters.)

More from Jo, who visited Merlin this week, in a moment. But first, I asked moly aficionado Craig Nelsen about the grades. Craig Nelsen represents the CEO leadership of our Planetary Prospect in the moly area: Avanti Mining (TSX: V.AVT, Stock Forum).

“These results are spectacular – especially if it has size potential,” Nelsen tells me today (Tuesday). (Nothing) take(s) away from these great results! Robert doesn’t pay Doug Kerwin enough!”

Douglas Kerwin is Ivanhoe Mines’ lead geologist. He is a splendid chap whom I have met several times and is perhaps best known right now for his work on Ivanhoe’s Mongolia copper and gold property, Oyu Tolgoi. Robert refers to Robert M. Friedland, chairman of the Ivanhoe stable of mining companies (TSX: T.IVN, Stock Forum).

More from Jo B. about this specialty metal used to coat pipelines and act as a kind of stainless-steel veneer for nuclear power plants and such?

Battershill, our analyst down under, continues, “I appreciate that not many people in the local market fully understand moly as we don't mine any locally, so to put this discovery into perspective, a 53m at 2.25% Mo intersection is the equivalent of drilling 53m of 17g/t gold, 53m of 12.5% Cu or 53m of 5.0% Ni.

But wait, there is also another specialty metal in the mix, the latest element on the elements chart: rhenium. Battershill, a metals banking analyst, calls the rhenium grades “significant.”

“It is hard to stress enough that this is a significant discovery for the Australian resources sector,” says Battershill. “I was on the Ivanhoe Queensland site yesterday with a client looking at the core from the recent holes and I have never seen anything like it. Today’s (Monday) results are not isolated and the zone of mineralization is now quite extensive. I estimate that it could be 600m-700m long, 300m deep and average 30m true width. … A resource of this size is equivalent to a two million ounce gold resource,” he says.

For the latest on the doings of the when-you’re-a-jet crowd, please see ThomWatch. (We here at home own Planetary Prospect Avanti Mining. We have no ownership of any publicly traded Ivanhoe company.)

I’ll have more about platinum, silver, moly and life sciences in coming days, weeks and months.

In the meantime, I am off to an investment conference in Nassau, where I will be searching for Planetary Prospects for Ticker Trax subscribers and giving a presentation. Please visit www.bahamasinvestmentconference.com.

Ticker Trax™
Please see www.tickertrax.com.

[TomCole]

Antwort auf Beitrag Nr.: 36.858.516 von spezialdigger am 26.03.09 20:17:32

... das projekt oyu tolgoi derartig gewaltige ausmaße hat,das im falle der realisation eine echte vervielfältigung des kurses stattfinden könnte ...

Da hast Du nun wieder recht, spezialdigger.

Aber im Augenblick treibt auch irgend etwas den Kurs.

Oyo Tolgoi kann es nicht sein.

Denn dazu meint die von Dir genannte Website http://www.mongolei.de/news in ihren Nachrichten aus der Mongolei in ihrem letzten Zeitabschnitt vom 9. - 15. März 2009 unter der Überschrift "Sondersitzung der Großen Staatsversammlung beendet":
"Der Vertragsentwurf der Regierung zum Investitionsabkommen mit Ivanhoe Mines Mongolia Inc. über die Gold- und Kupferlagerstätte „Oyutolgoi" im Südgobiaimag wurde hingegen nicht befürwortet. Die Fraktionen von DP und MRVP haben in getrennten Sitzungen ihre Bedenken gegen mehrere Bestimmungen des Vertragswerks zu Papier gebracht.
Warum erst nach 30 Jahren eine Anhebung der Eigentumsanteile auf 50 Prozent?
30 Jahre Vertragslaufzeit seien zu lang, die Vorauszahlung in Höhe von 125 Millionen USD niedrig, die Zinsen dafür zu hoch, im Vertrag seien die Steuerzahlungsmodalitäten nicht genau geklärt (zu viele Erleichterungen über einen zu langen Zeitraum), Ivanhoe müsste verpflichtet werden, Anteilsveräußerungen an Dritte der mongolischen Seite mitzuteilen, der Vertrag müsste daraufhin erneut auf den Prüfstand. Mit wem genau schließe die mongolische Regierung den Vertrag ab? Weiterer Klärungsbedarf bestehe bei Fragen der Infrastruktur (Stromlieferungen aus China, Eisenbahnbau, Umwelt, wie würden die Interessen der nomadischen Landbevölkerung berücksichtigt?). Die Erklärungen von Energieminister D. Zorigt (34 Prozent Eigentumsanteile bedeuteten auch entsprechend weniger Investitionskosten für die mongolische Seite, die hohe Investitionssumme erfordere langjährige Planungssicherheit für den Hauptinvestor, Schaffung von Arbeitsplätzen etc.) überzeugten die Bedenkenträger nicht.
Der Vertrag wird nun in der ersten Woche der Frühjahrssitzungen Anfang April erneut auf die Tagesordnung gesetzt." (S. http://www.mongolei.de/news/2009mar3.htm.)

Das ist m.E. nicht besonders positiv. Etwas anderes muss m.E. also für die kürzlichen Kurssteigerungen von Ivanhoe Mines Ltd. (TSX: IVN) verantwortlich sein. Möglicherweise eine allgemeine Rohstoff-Markterholung.

Möglicherweise aber auch die kürzlichen Kurssteigerungen von Ivanhoe Australia Limited (ASX: IVA).

Dazu folgende Überschlagsrechnung:
Aus dem letzten Quartalsbericht "Quarterly Report for the three months ending 31 December 2008", ASX Announcement, 30 January 2009, Quarterly Activities and Cashflow Report, Seite 20, http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=313023, geht hervor, dass IVA 312,5 Mio. Aktien ausgegeben hat.

83% davon gehören IVN (vergl. mein obiges Posting #129). Also gehören IVN ca. 259 Mio. IVA-Aktien.

Am 19.03.2009 war der IVA-Schlusskurs an der ASX 0,460 AUD, heute am 27.03.2009 ist der IVA-Schlusskurs an der ASX 1,355 AUD (Kursverlauf s.u.). Das ergibt einen Kursgewinn von 0,895 AUD.

Mit 259 Mio. Stücken hat also Ivanhoe Mines Ltd. (TSX: IVN) allein durch IVA in weniger als 1,5 Wochen eine Wertsteigerung von ca. 232 Mio. AUD (entspricht ca. 120 Mio. EUR) erfahren.

Dazugehöriger Kursverlauf von Ivanhoe Australia Limited (ASX: IVA) an der ASX in AUD:
Date Last % Change High Low Vol
27 Mär 2009 1,355 27,83% 1,355 1,150 798.982
26 Mär 2009 1,060 17,78% 1,160 0,920 1.968.882
25 Mär 2009 0,900 28,57% 0,965 0,735 1.192.337
24 Mär 2009 0,700 12,9% 0,750 0,650 320.712
23 Mär 2009 0,620 12,73% 0,700 0,560 155.043
20 Mär 2009 0,550 19,57% 0,550 0,490 137.726
19 Mär 2009 0,460 -1,08% 0,470 0,460 34.000
(Quelle: http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…)

[TomCole]

Ivanhoe Mines Announces 2008 Financial Results and Review of Operations
Mongolian Parliament's ongoing review of draft Oyu Tolgoi Investment Agreement to continue as a priority in april spring session
4:29 PM ET, March 31, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[evens]

geht gut ab die Butze!

[TomCole]

MINING FINANCE / INVESTMENT
GOLD AND SILVER DOMINATE
World's 100 hottest mining stocks - up by an average of 367% in six months
Commodity prices are often a correlation, but investors now increasingly chase potential acquisition targets.
Author: Barry Sergeant
Posted: Friday , 03 Apr 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=81….

Auszüge:
...
A selection of 100 of the world's best performing mining stocks shows an aggregate value of USD 33bn, and a weighted average gain of 367% over the past six months, vastly outperforming any other known grouping of equities. There are multiple themes that emerge from the names on the list, but the presence of gold and silver miners and developers is close to overwhelming.

Sub-themes include clear evidence that investors are chasing potential acquisitions, companies with proven treasures in the ground, but lacking broader access to the substantial funds required to build big mines, and, in many cases, infrastructure as well. There are also names that were brutally sold down, and are simply bouncing back to perceived fair value, especially with something of a thaw in broader credit markets.
...
Then there is Ivanhoe Australia - part of the wider Robert Friedland clan - which continues to announce fan-gathering drill results from its molybdenum-rhenium Merlin project, but retains gold, of course, as one of its main broader targets. Ivanhoe itself ranks as a top 100 performing mining stock.
...
Copper-gold is also a dominant theme for Ivanhoe, with Oyu Tolgoi, where major miner Rio Tinto is a partner.

100 SELECTED TOP PERFORMING MINING STOCKS
Stock From From Value
price high* low* USD bn
...
Ivanhoe Australia
AUD 1.49 -26.6% 893.3% 0.329
...
Ivanhoe
CAD 8.55 -32.1% 315.0% 2.578
* 12-month
Source: market data; table compiled by Barry Sergeant

[dibo8]

http://www.montsame.mn/index.php?option=com_news&task=news_d…
PRESIDENT ADDRESSES PARLIAMENT
2009-04-06 19:33:24 | | Хэвлэх | Найздаа илгээх |

Ulaanbaatar, /MONTSAME/ The spring session of the State Great Khural opened Monday. At the opening ceremony President Enkhbayar made a speech.
Mr Enkhbayar said the people are waiting for the spring session of parliament to make the biggest decisions, for instance, ratification of draft investment agreements on Oyu Tolgoi and Tavan Tolgoi deposits, and a Bill on Bounty of Homeland which will directly influence the country's promotion and the lives of people.
"As a State Head, I would like to say that I will render all kinds of help and assistance in launching project on giving a bounty of homeland to the people in near terms," he underlined.
"�It is true that in the time of economical difficulties, state budget and investment projects are in difficult situation. However, it is appropriate to pursue a policy on not decreasing salaries, pensions, allowances and social welfares. If the state reduces people's income and cut their welfare allowances, it will conflict with a humanity policy of responsible state. We need to find other solution and outlet to resolve this issue.
Let's support and carry out correct and appropriate policies. However hard are the financial difficulties, we all together must mobilize all source and strength for seeking ways to go out from the economic turmoil.
We need to immediately receive the money sources that are already agreed in order to commence development projects. Utilization of some $285 million Compact for Mongolia from U.S. Millennium Challenge Account has been slow; China's 300 million USD soft loan has not gone into economic circulation so far. Implementation of some largest projects is lagging such as constructing of a airport by Japanese Government's Loan of 250 million USD, building a vertical axle road in western region through Millennium Road Project under financing of 300 million USD loan from Asian Development Bank and Abu Dabhi Fund.
If we put these money totalling almost one billion USD into circulation we may create an opportunity to overcome the financial difficulties with less damage and in comparatively short time," he stated.
S.Batbayar
19.00

[TomCole]

Einige Nachträge aus (dibo8's) http://www.mongolia-web.com:


BCM Mongolia NewsWire: PRESIDENTIAL CANDIDATES; GOLD; IVANHOE MEETS SPEAKER; NEW RAIL TO CHINA
News - Economy
Saturday, 04 April 2009 10:48
S. http://www.mongolia-web.com/economy/2330-bcm-mongolia-newswi….
Auszug:
...
IVANHOE CEO MEETS WITH SPEAKER
MR. JOHN MACKEN AND MR. JOHN FOGNANI, CHIEF EXECUTIVE OFFICER AND EXECUTIVE VICE PRESIDENT RESPECTIVELY OF IVANHOE MINES, CALLED ON MR. D.DEMBEREL, SPEAKER OF PARLIAMENT, ON THURSDAY AFTERNOON. IT IS BELIEVED THEY DISCUSSED THE STATUS OF THE DRAFT INVESTMENT AGREEMENT ON THE OYU TOLGOI PROJECT. MR. KEITH MARSHALL, EXECUTIVE DIRECTOR OF THE PROJECT, AND MR.A.MUNKHBAT, VICE PRESIDENT AND EXECUTIVE DIRECTOR OF IVANHOE MINES MONGOLIA INC., WERE ALSO PRESENT AT THE MEETING.
SOURCE: ODRIIN SONIN
...


In report, Ivanhoe is optimistic about Oyu Tolgoi agreement
News - Mining
Thursday, 02 April 2009 08:19
S. http://www.mongolia-web.com/mining/2324-in-report-ivanhoe-is….


Entrée Gold announces coal deposits uncovered at Togoot
News - Mining
Thursday, 26 February 2009 00:24
S. http://www.mongolia-web.com/mining/2254-entree-gold-announce….

[dibo8]

Antwort auf Beitrag Nr.: 36.933.304 von TomCole am 07.04.09 13:41:59

Einige Nachträge aus (dibo8's) http://www.mongolia-web.com :

das ist nicht meine Seite!

dibo8

[TomCole]

Antwort auf Beitrag Nr.: 36.934.281 von dibo8 am 07.04.09 15:42:10

das ist nicht meine Seite!
Na, gut. (Aber Ehre, wem Ehre gebührt.)
Auf jeden Fall Dank für Deine vielen Recherchen-Funde hier!

[dibo8]

Antwort auf Beitrag Nr.: 36.936.031 von TomCole am 07.04.09 18:41:13

gerne!
hatten wir das schon oyu tolgoi bei youtube?

http://www.youtube.com/watch?v=zFCFRMjt5Xg&feature=related

[TomCole]

Antwort auf Beitrag Nr.: 36.937.489 von dibo8 am 07.04.09 21:52:38

hatten wir das schon oyu tolgoi bei youtube?

Nein, m.E. noch nicht.

Das ist ja sehr schön!

Anschaulich ist m.E. auch die "Special English Language Edition - Autum, 2008" der Zeitschrift "AWAKENED GOBI" (s. http://www.ivanhoe-mines.com/i/pdf/Awakened-Gobi.pdf; stammt von der Ivanhoe Website).

Auf GoogleEarth kann man Oyu Tolgoi m.E. anfliegen mit der Eingabe: 43° 0'31.23"N, 106°50'36.59"E

Allerdings stimmen die dort zu findenden Bauten m.E. nicht mit den Abbildungen in dem o.g. YouTube-Film oder der o.g. Zeitschrift überein. Vielleicht benutzt GoogleEarth hier noch älteres Bildmaterial.

[TomCole]

GOLD ANALYSIS
CHEAP GOLD, NO TRICKS
Chasing the world's top gold stock targets
A selection of 20 listed gold stock "top potential acquisition" targets hold 258m ounces of the stuff, valued at just USD 32.61/oz, with billions of pounds of copper, to boot.
Author: Barry Sergeant
Posted: Wednesday , 08 Apr 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page33?oid=81….

Auszüge:
...
For investors who dream of elephant country, most of the world's top ten gold deposits are well accounted for. Starting from the top, the Witwatersrand Basin has been mined by dozens of companies for more than a century; Muruntau (which also contains silver) is State-owned and run; then there is Grasberg (primarily copper, owned mainly by Freeport-McMoRan), Olympic Dam (copper, BHP Billiton), Pebble (copper, Northern Dynasty, and Anglo American), Natalka (Polyus), Sukhoi Log (Polyus, maybe), Oyu Tolgoi (copper, Ivanhoe Mines, and Rio Tinto), Reko Diq (copper, Barrick, the world's biggest gold stock), and Lihir.

Leaving aside complete company takeovers, only two of these assets, Pebble and Oyu Tolgoi, are readily available, so to speak, and both projects have senior miners as partners, as indicated: Northern Dynasty/Anglo American and Ivanhoe Mines/Rio Tinto. Even if the two senior miners are the only likely predators, investors believe the story; Northern Dynasty and Ivanhoe Mines both rank as among the best performing stocks in the world over the past while.

Assuming Ivanhoe Mines ends up with half of Oyu Tolgoi - something not yet settled with the Mongolian government - that would be an attributable 15.8m ounces of gold. Based on Ivanhoe's market value of USD 2.4bn, that means that the Oyu Tolgoi gold ounces attributable to Ivanhoe Mines are valued at some USD 152.69 each. This is very high indeed; Northern Dynasty's gigantic 47.1m attributable ounces of gold at Pebble are valued at a mere USD 12.10/oz. Both Oyu Tolgoi and Pebble rank as primarily potential copper mines.
...

SELECTED "TOP ACQUISITION" GOLD TARGETS
...
Ivanhoe Mines
Stock Value Gold USD/
price USD m ounces m* ounce

CAD 7.89 2413 15.8 152.69
...
* Main project only; attributable ounces

[TomCole]

Zu Ivanhoe Australia Ltd (ASX: IVA):

GOLD NEWS
BACK IN THE GAME
Australian company spending again
The listed Australian company in the Robert Friedland stable, Ivanhoe Australia Ltd (ASX: IVO) which joined Australian explorers in pulling in their horns on spending early this year, is now back in the acquisition game.
Author: Ross Louthean
Posted: Thursday , 16 Apr 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=81….

ASX Announcement,
16 April 2009, 9:26 AM,
Ivanhoe investment in Tennant Creek Mineral Field,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=316605.

ASX Announcement,
16 April 2009, 9:12 AM,
ERM: $28 Million Farm In and Joint Venture with Ivanhoe,
s. http://stocknessmonster.com/news-item?S=ERM&E=ASX&N=443469.

[TomCole]

Zu Ivanhoe Mines Ltd. (TSX: IVN) noch keine NEWS!?

Hier nur noch am Rande zu Ivanhoe Australia Limited (ASX: IVA):

Exploration cuts risk a downturn
Sarah-Jane Tasker
April 20, 2009
S. http://www.theaustralian.news.com.au/story/0,25197,25356109-….

Der folgende Artikel entspricht m.E. dem ersten in obigem Posting #144 (nachträgliche Änderung der Überschrift durch Minesite):
GOLD NEWS
BACK IN THE GAME
Friedland\'s Ivanhoe Australia focusing on gold again
The listed Australian company in the Robert Friedland stable, Ivanhoe Australia Ltd (ASX: IVO) which joined Australian explorers in pulling in their horns on spending early this year, is now back in the acquisition game.
Author: Ross Louthean
Posted: Thursday , 16 Apr 2009,
S. http://www.mineweb.net/mineweb/view/mineweb/en/page34?oid=81….

[TomCole]

Antwort auf Beitrag Nr.: 37.001.466 von TomCole am 20.04.09 13:07:27

Korrektur(!): ... nachträgliche Änderung der Überschrift durch Mineweb ...

[TomCole]

Und weiter geht's mit Ivanhoe Australia Limited (ASX: IVA):

ASX Announcement,
21 Apr 2009, 11:53 am,
Merlin Resource - World`s highest grade Mo/Re deposit,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=316777.

[TomCole]

Antwort auf Beitrag Nr.: 37.008.358 von TomCole am 21.04.09 12:01:35

Merlin's high-grade mine magic boosts Ivanhoe
Sarah-Jane Tasker
April 22, 2009
S. http://www.theaustralian.news.com.au/story/0,25197,25367561-….

[dibo8]

http://canadianinsider.com/coReport/allTransactions.php?tick…

Ivanhoe Mines Ltd. (IVN)
As of April 22nd, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Apr 22/09 Apr 22/09 Kirwin, Douglas Direct Ownership Common Shares 10 - Disposition in the public market -6,421 $7.100

[TomCole]

Antwort auf Beitrag Nr.: 37.031.093 von dibo8 am 23.04.09 22:31:12

Interessant!

Aber von den aufgelisteten 8 Ivanhoe-Direktoren war Douglas Kirwin der Einzige, der verkauft hat, wenn auch in recht beträchtlichem Ausmaß (6.421 Stück zu je 7,100 CAD) und so mit gutem Gewinn.

Nur Peter Meredith hat noch Stücke abgegeben, und zwar als Schenkung postwendend nach Erwerb (3.999 Stück zu je 4,940 CAD).

Alle anderen 6 Ivanhoe-Direktoren haben nur gekauft, nicht verkauft.

Das ist m.E. für Ivanhoe Mines Ltd. (TSX: IVN) ganz klar positiv zu bewerten.

[Die Positionen der Ivanhoe-Direktoren
für Ivanhoe Mines Ltd. (TSX: IVN) s. http://www.ivanhoe-mines.com/s/Directors_Executives.asp und
für Ivanhoe Australia Limited (ASX: IVA) s. http://www.ivanhoeaustralia.com/s/Board_of_Directors.asp.
(Mehrere sind in Personalunion bei IVN und IVA.)]

[TomCole]

Weiteres zu Ivanhoe Australia Limited (ASX: IVA):

ASX Announcement,
24 Apr 2009, 5:20 pm,
2008 Annual Report,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=317034.

[dibo8]

leider nix neues im Osten.

DP Says OT Agreement Remains Unsatisfactory Print E-mail
Written by Ch.Sumiyabazar
Friday, April 24, 2009.
Earlier this week the Democratic Party, a partner in Mongolia’s coalition government, stipulated their views on the Oyu Tolgoi copper and gold project draft-investment agreement. The democrats “principally” accepted the necessity of approving a mutually beneficial agreement to encourage economic activity in the country, but said the current draft still requires changes. “Personally, it seems that there is small chance of approving the agreement as it is now, without revising certain terms,” said D.Odkhuu, head of a working group set up by the Democratic Party. “There were so many critical views expressed during the ongoing debate among parliamentarians,” he said.

The most disagreements have emerged around the timeline for ownership the agreement will establish, as well as tax rebates, he said. According to the draft, the Government of Mongolia and Canadian-owned Ivanhoe Mines Mongolia Inc. may establish a 30-year agreement, under which Mongolia would take a 50 percent stake in the project, from an initial 34 percent, after 30 years.

“Democratic Party members hope that this initial agreement will not be longer than 15 years, after when two sides can extend it in accordance with prevailing economic condition,” said Odkhuu.

“The stability agreement on the Boroo gold project was a mistake—truly unbeneficial to Mongolia. We can’t repeat this ever again,” he added. “I hope that investors will accept the recommendations by Parliament.”

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

[dibo8]

Antwort auf Beitrag Nr.: 37.050.288 von dibo8 am 27.04.09 22:38:59

TRADE UNION`S POSITION TOWARDS OYU TOLGOI AGREEMENT
2009-04-27 18:24:20 | | Хэвлэх | Найздаа илгээх |

Ulaanbaatar, /MONTSAME/ Parliamentary Speaker D.Demberel received Monday a delegation led by the president of the Confederation of Mongolian Trade Unions (CMTU) S.Ganbaatar.
"The Government of Mongolia presented a draft investment agreement on joint exploitation of Oyu Tolgoi copper-gold deposit on March 3 this year. CMTU attaches much importance to this agreement. We have a position that the draft must be approved quickly and be fruitful and beneficial to the people of Mongolia," Ganbaatar underlined. Then he presented an introduction on analysis to the draft Oyu Tolgoi agreement and raised by the Confederation proposals to D.Demberel.
Proposals issued by CMTU have 25 clauses. It said that,"Mongolia's ownership of 34 percent does not give an immediate profit. In order to possess this share, it requires a large amount of financing". Moreover, in consideration of a clause "To agree upon 34% direct ownership of a stock holding company to the Mongolian side and its investment to be replaced with the taxes, payments, fees, and dividend and loan types", the government of Mongolia shall have no revenues and incomes for long time, is said in the proposals. It is also uncertain when and how much income should be accumulated. In this situation, it shall call back the proposal to own 34 percent. It is needed to increase royalty of mineral exploration from reflected 5 percent to 10-15 percent. This royalty shall not be imposed on traded products but on explored ones. Doing so, the government of Mongolia will be able to gain much profit in short term. Mr Ganbaatar expressed its readiness to meet with parliament working group to exchange views on Oyu Tolgoi agreement.
Mr Demberel thanked the CMTU for attaching attention to the Oyu Tolgoi agreement and said,"Parliament is for approving the draft agreement. In pursuing this, reviewing and paying careful attention is needed in consideration of affects to Mongolian economy and benefits for the people."
S.Batbayar
19.22

http://www.montsame.mn/index.php?option=com_news&task=news_d…

[TomCole]

Antwort auf Beitrag Nr.: 37.050.288 von dibo8 am 27.04.09 22:38:59

leider nix neues im Osten.

Zu den beiden obigen Postings #152 und #153:

Bekanntlich ist der Entwurf der Investitionsvereinbarung am 03. März 2009 vom mongolischen Kabinett und dem Nationalen Sicherheitsrat grundsätzlich befürwortet und den Ministerien für Finanzen, Bergbau und Energie, sowie Umwelt und Tourismus zur Abzeichnung zugeleitet worden, um anschließend dem mongolischen Parlament zur Zustimmung vorgelegt zu werden (s.o., Posting #110).

So stand der Entwurf den Parlamentsfraktionen und auch anderen betroffenen Interessengruppen nunmehr seitdem bereits recht lange zur Prüfung zur Verfügung. Jetzt sehen wir die ersten Prüfungsergebnisse (vergl. obige Postings #152 und #153).

Beispielhaft zeigt dies, dass es auf mongolischer Seite offenbar noch gewichtigen Diskussionsbedarf bzw. ziemlich unrealistische Vorstellungen gibt, z.B.
- s. Posting #152, Democratic Party: "... Democratic Party members hope that this initial agreement will not be longer than 15 years, ..."
- s. Posting #153, Confederation of Mongolian Trade Unions (CMTU): "... It is needed to increase royalty of mineral exploration from reflected 5 percent to 10-15 percent. This royalty shall not be imposed on traded products but on explored ones. ..."

M.E. ist noch viel mehr Kritik von zahlreichen weiteren Interessenvertreten zu erwarten und abzuarbeiten.

Allerdings kann dies m.E. keine Endlos-Diskussion geben, denn wenn die mongolische Regierung handlungsfähig ist, wird sie einen mehrheitlichen positiven Parlamentsbeschluss zügig herbeiführen können.

In dem ganzen dazugehörigen Prozess wird sich Ivanhoe m.E. selbstverständlich stets diplomatisch verhalten und nach Möglichkeit förderlich sein.

Bis zum erhofften Parlamentsbeschluss ist also m.E. für die erforderlichen Diskussion des Entwurfes der Investitionsvereinbarung in der Mongolei noch entsprechende Geduld aufzubringen.

[TomCole]

ANALYSIS-Mongolian mining dreams hinge on Oyu Tolgoi project
2009-04-28 02:53:57 GMT (Reuters)
S. http://www.forexpros.com/news/commodities---futures-news/ana….

[TomCole]

Es ist etwas Sand im Getriebe, z.B.:

1) Auszug aus dem Artikel im obigen Posting #155:
"... MORE HEADACHES AHEAD?
... But with a presidential election scheduled for May 24, the government is distracted, making another delay likely, analysts say. ..."
(Vergl. http://www.forexpros.com/news/commodities---futures-news/ana…)


2) Auszug aus
Friday, 24 April 2009 04:38,
BCM Mongolia NewsWire Highlights:
(Vergl. http://www.mongolia-web.com/government/2366-bcm-mongolia-new…)
"...
LEAD STORIES:

OT AGREEMENT HAS BEEN POLITICIZED, SAYS MP

MP Ch.Khurelbaatar, a former adviser to the Prime Minister and State Secretary of the Ministry of Finance and now Minister of Fuel and Energy,has said the Oyu Tolgoi agreement is no longer an economic issue but has become a pawn on the political chessboard. “Some people would like to keep the game running,” he said. He agreed that some details in the draft needed further checking, clarification, and correction but felt even after this was done, there would be delay before Parliament discussed and ratified this important agreement. Asked about the gradual rise in global copper prices, Mr. Khurelbaatar said these were flashes in the pan and everything is too fluid to make any prudent future projection. He also had little hope that the recession in the economy would improve any time soon. Source: www.business-mongolia.com


WITH LOANS COMING, MINING AGREEMENTS LOSE URGENCY

Nearly USD1 billion in foreign loans and grants have eased budgetary pressure and given the Mongolian Government breathing space to negotiate huge mining contacts. The country has taken a series of external loans this year, after the global financial crisis caused the price of its commodity exports to plunge even as domestic banks sharply reduced lending following a period of rapid loan growth. At least in the short term, that leaves the Government less dependent on revenues from mining contracts to address the country's immediate needs.

In the longer term, the Oyu Tolgoi and Tavan Tolgoi mining projects currently under negotiation will be vital to landlocked Mongolia's ability to repay the loans, as well as maintain its independence from its two giant neighbors, China and Russia. These countries are already the biggest source of loans, although Mongolia has also sought money from other lenders in line with its "third neighbor" policy of keeping China and Russia at bay. The International Monetary Fund this month approved a USD229.2 million loan package to Mongolia, tied to measures to keep the budget deficit within 6 percent of GDP. The Asian Development Bank, the World Bank, Japan and Australia have together pledged a total of another USD165 million. A Russian loan for USD300 million is earmarked for Mongolia's agricultural sector, which employs 37 percent of the population. Local media said the loan, sealed during a March trip by Prime Minister S.Bayar to Moscow, is tied to Russian access to prime Mongolian uranium reserves, which were recently nationalized. Mongolian media also reported the finalization of a USD300 million, 25-year loan at 3 percent interest from China for road and railway infrastructure. That loan was originally pledged in 2003. Media reports now say more money could be forthcoming from the Chinese, mostly in sector-specific loans. Negotiations for the Oyu Tolgoi copper-gold project and Tavan Tolgoi coal project have dragged on for years, outlasting the commodity boom as Mongolia sought the revenues that eluded it with previous mining projects. A presidential election in May could further delay political approval of the deals. "While the Government will have to repay the loans over time, there is no real urgency to do the mining deals because of these borrowings," said Mr. Arshad Sayed, country manager for the World Bank in Mongolia. Source: Onoodor, business-Mongolia.com
..."

[TomCole]

Für Detailfuchser:

Inhaltlich soll es bei der gegenwärtigen Diskussion des Entwurfes der Investitionsvereinbarung in der Mongolei v.a. um die Fragen gehen, die aus folgenden URL hervorgehen:
[Anmerkung: MPRP = Mongolian People's Revolutionary Party]

- http://www.business-mongolia.com/mongolia-government/oyutolg…
"Oyutolgoi agreement term is proposed for extension up to 15 years
Written on March 17, 2009 – 9:43 pm | by Amarsanaa |" usw.

- http://www.business-mongolia.com/mongolia-government/mprp-gr…
"MPRP group prefer to discuss the draft investment agreement on Oyu Tolgoi during the spring session of SGK (State Great Khural)
Written on March 12, 2009 – 1:28 am | by Amarsanaa |" usw.

- http://www.business-mongolia.com/mongolia-news/appendix-1-of…
"Appendix 2 of the resolution of the State Great Khural: MAIN PRINCIPLE AND GUIDANCE OF MAKING THE INVESTMENT AGREEMENT ON JOINT EXPLOITATION OF OYU TOLGOI COPPER-GOLD DEPOSIT
Written on November 11, 2008 – 7:25 pm | by Amarsanaa |" usw.

[TomCole]

Nachtrag
Zum Stand der Diskussion von vor ca. 3 Wochen
[mit m.E. (viel zu?!) saftigen mongolischen Forderungen]:

BCM Mongolia NewsWire: Ivanhoe Agreement: Fear of Changes AND Request for Changes
Friday, 10 April 2009 05:52
(Vergl. http://www.mongolia-web.com/mining/2347-bcm-mongolia-newswir…)

Auszüge:

Business:

Changes in draft would mean renewed negotiation; Minerals Minister plays down talk of Ivanhoe ultimatum;MPRP group proposes 16 amendments to draft agreement; Ivanhoe publishes 2008 results and review of operations; ...

...
LEAD STORIES:

CHANGES IN DRAFT WOULD MEAN RENEWED NEGOTIATION

A high-level delegation from Ivanhoe Mines (TSX:IVN) told Speaker D.Demberel last week that the draft Oyu Tolgoi investment agreement was a complex document, based on mutual consent and negotiation, and “if we now change a single provision or a single clause, the whole structure will be disturbed and the whole exercise will have to be started again”. Mr. John Macken, CEO of the company, said the agreement had been drafted “after long negotiations” and “in “full cooperation with the Government”. One could not expect accord on every single thing, but “well known analysts conclude that the draft is beneficial to the Mongolian Government,” he said.

The company team pointed out that the Mongolian share of the investment, as 34% owner of the project, is to be made by Ivanhoe Mines, making the project risk free for the Mongolian side. On the other hand, most of the reserve is 1-2 km under the surface, which means the investors are saddled with a lot more risk,” they said.

Mr. Macken wanted it to be understood that the project was finally going to start at a time of recession. “Our Board thinks there should be no further delay. The project was initiated in 2003 when commodity price was low, but then it went up and has fallen now. It is the right time to build the mine so that we are ready when the next wave of commodity price boom comes,” he said. If the agreement is signed “in the near future and funding questions are solved”, construction can start in the summer, he said. This will give employment to many Mongolians. “Our mission is to make this project one of the top three in the world. We have the experience, the know-how and the reputation,” Mr. Macken said.

Earlier, the Speaker had assured the delegation that Parliament was “in favor of adopting a draft investment agreement” on Oyu Tolgoi and that is why it has been placed on the agenda of the Spring session. However, “party groups and standing committees” wanted to review “some issues” in the present draft “more carefully”. When this is done, the Standing Committee on the Economy will “consider their suggestions” and present a revised draft, if necessary, to the Government.

The Speaker began the meeting by assuring his visitors that MPs, in party groups and in standing committees, had debated the provisions of the agreement in depth but wanted more information on a few matters to make sure that it was “mutually beneficial and workable”. He hoped the present meeting would help “develop, update and upgrade mutual understanding”. Mr. Demberel said the Mongolian side considered the interest rate on the prepayment made by the investors to be too steep. Mongolia also “wanted a copper smelting factory as the project had good prospects, with the large reserves in the area, their high grade and increasing copper demand in the world market”.

Another point mentioned by the Speaker referred to the clause that capped taxes to be paid at 68%. “To make it a fair deal, there also should be a clear statement on the bottom level of taxes that can be imposed,” he said. He also wanted it to be made clear that “the Mongolian side will never receive less than 55% of the profits”. He felt it would be “appropriate if both sides agreed upon a tax on dividends, according to international practice and standards, instead of waiving it”. The Mines delegation comprised Mr. John Macken and Mr. John Fognani, Chief Executive Officer and Executive Vice President respectively of Ivanhoe Mines, Mr. Keith Marshall, Executive Director of the Oyu Tolgoi project, and Mr. A.Munkhbat, Vice President and Executive Director of Ivanhoe Mines Mongolia Inc. MP Ts.Bayarsaikhan, Head of the Standing Committee on the Economy, MP Kh.Badamsuren, MP G.Zandanshatar, and adviser to the Speaker D.Davaasambuu also attended the meeting.

Source: Media Relations Department of Parliament

NOTE: This report is based on the authoritative version of the discussion as issued by the Speaker’s Office. As will be seen, the Ivanhoe Mines team did not use any threat or issue an ultimatum. It merely pointed out that the draft had been prepared on the basis of consensus after prolonged discussion, and any change will mean renewed negotiation. This will inevitably lead to more delay in beginning work on a project vital to Mongolia’s economy.


MPRP GROUP PROPOSES 16 AMENDMENTS TO DRAFT AGREEMENT

Reviewing the draft Oyu Tolgoi investment agreement at a meeting on Wednesday attended by Prime Minister S. Bayar, the MPRP group in Parliament proposed 16 amendments before it is submitted to Parliament for discussion. Among these are: the initial agreement will be for less than 30 years; the advance payment of USD125 million will be increased; and the total amount of investment will be revised. The group hoped the working group now reviewing the draft would complete its work soon so Parliament can begin discussing it.

Source: Zuunii medee

[dibo8]

Antwort auf Beitrag Nr.: 37.064.901 von TomCole am 29.04.09 18:12:20

Allerdings kann dies m.E. keine Endlos-Diskussion geben, denn wenn die mongolische Regierung handlungsfähig ist, wird sie einen mehrheitlichen positiven Parlamentsbeschluss zügig herbeiführen können.

anscheinend ist sie es nicht. sonst würde sie nicht seit fast fünf Jahren so ein Palaver machen. ich verstehe dass die sich nicht "zu billig" verkaufen wollen aber vor ein, zwei Jahren waren die Voraussetzungen für solche Verhandlungen viel besser. Jetzt müssen sie ein paar abstriche machen.
Ehrlich gesagt bin ich von ausgegangen dass das Parlament den Entwurf etwas schneller durchwinken würde. 34 % ist nicht wenig, 51 % allerdings viel zu viel.
„Geduld ist schön“ hab ich die Tage irgendwo gelesen.

dibo

[evens]

heute sind 10 % drin

[dibo8]

Antwort auf Beitrag Nr.: 37.090.262 von evens am 04.05.09 15:36:45

CAN
Ivanhoe Mines Ltd. (IVN-T)
Last: Change: Volume: 3:59 PM ET
8.670 +0.810 (10.31%) 642,429 May 04, 2009

US
Last: Change: Volume: 4:01 PM ET
7.350 +0.660 (9.87%) 1,946,399 May 04, 2009

[TomCole]

MINING FINANCE / INVESTMENT
GLOBAL MINING
Top 100 mining stocks at best levels in eight months
The world's biggest 100 miners, by value, have gained USD 596bn in value, from trough levels seen late in 2008, and continue to lead global equity markets.
Author: Barry Sergeant
Posted: Tuesday , 05 May 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=82….

Auszüge:
...
The world's 100 biggest miners, by value, have gained USD 596bn in aggregate from trough levels seen late in 2008, during the immediate aftermath of the most pronounced panic produced by the so-called global markets crisis. Measured on a weighted average basis, these stocks have gained an average of 117% each, for an aggregate current total market value (capitalisation) of USD 1.1 trillion.

Indonesia's Bumi Resources ... leads the pack, ... followed by ... Ivanhoe Mines (322%), the main showpiece of mining showman Robert Friedland,
...


WORLD'S TOP 100 MINING STOCKS
Ranked here on 12-month performance

Stock From From Value
price high* low* USD bn
...
Ivanhoe Mines
CAD 8.70 -31.0% 322.3% 2.81
...
* 12 month
Source: market data; table compiled by Barry Sergeant

[TomCole]

BCM Mongolia NewsWire: Oyu Tolgoi as Benchmark and Russian Loan, Russian Quarantine & Russian MCC Void
News - Mining
Friday, 08 May 2009 08:39
S. http://www.mongolia-web.com/mining/2389-bcm-mongolia-newswir….
[Anmerkungen: OT = Oyu Tolgoi, MP = Member of Parliament, MPRP = Mongolian People's Revolutionary Party, DP = Democratic Party]

Auszüge:

BCM Mongolia NewsWire Highlights
...
Business:
OT agreement will be benchmark for future investments, says MP, explaining delay; Raising royalty rates is a “bizarre” suggestion, says Ivanhoe executive; MP “frustrated” with progress on agreement; Province business leader wants mining to begin early; OT is the trump card for Mongolia’s development;
...

LEAD STORIES:
OT AGREEMENT WILL BE BENCHMARK FOR FUTURE INVESTMENTS, SAYS MP, EXPLAINING DELAY
Mr. Kh.Badamsuren, head of the MPs’ working group set up by the Standing Committee on the Economy to recommend revisions to the Oyu Tolgoi agreement in the light of all the suggestions received, told newsmen after a meeting of the group on Monday that the work was taking long “because it is so vital for the national interest”. MPs are working hard, he said, reviewing every suggestion with care and deliberation. The MPRP and the DP groups have sent their comments and “we are in touch with concerned working groups of Parliament and the Government”. Since there are many aspects to the issue, several standing committees will discuss them.

“We are aware that Parliament must take a decision without much delay and we have been asked to submit our report by this week,” he said. MPs also realized that “future investments will depend on what agreement is signed on Oyu Tolgoi. We are doing what we can to make it a good agreement, attractive to both sides,” he said. It was important not to repeat earlier mistakes, and for that some current laws and regulations might have to be amended, Mr. Badamsuren indicated.

Source: Undesnii Shuudan
...

[TomCole]

Parliament Will Discuss Oyu Tolgoi This Week
Written by Dale Choi
Friday, May 08, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

[TomCole]

Ivanhoe Mines says Oyu Tolgoi investment deal to be completed by mid-summer
5/8/2009 1:33:00 PM
S. http://www.stockhouse.com/News/FinancialNewsDetailFeeds.aspx….

[TomCole]

Nachtrag (zum 28. April 2009):

Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
16. März bis 3. Mai 2009
von Dr. Renate Bormann, Berlin/Ulaanbaatar
S. http://www.mongolei.de/news/2009mai1.htm.

Auszug:
...
Oyutolgoi

Am 28. April empfing der Vorsitzende der Großen Staatsversammlung, D. Demberel, den Präsidenten des Bundes der Gewerkschaften S. Ganbaatar zu einem Gespräch über das Investitionsabkommen Ivanhoe Mines („Oyutolgoi"), das die Regierung der Großen Staatsversammlung zur Abstimmung vorgelegt hat.

Die Gewerkschaften unterbreiteten Änderungsvorschläge zu 25 Paragrafen des Abkommenentwurfs.

So soll die vorgesehene Höhe der Zahlungen für die Nutzung der Vorkommen von fünf auf bis zu 15 Prozent angehoben werden.

In einem Telefoninterview mit dem Berater des US-Präsidenten B. Obama, Robert Shapiro, erklärte dieser, die Laufzeit des Investitionsvertrags von 30 Jahren sei nicht zu lang, 15 Jahre wären für Projekte dieser Größenordnung den Investoren nicht zuzumuten.
...

[TomCole]

Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
4. bis 10. Mai 2009
von Dr. Renate Bormann, Berlin/Ulaanbaatar
S. http://www.mongolei.de/news/2009mai2.htm.

Auszug:

Investitionsabkommen wird weiter diskutiert
Auf der Sitzung der Großen Staatsversammlung am 08. Mai hat die seit fünf Monaten tätige Arbeitsgruppe zur Prüfung des Entwurfs des Oyutolgoi-Investitionsabkommens ihr Gutachten vorgestellt.
Es wird nun im Wirtschaftsausschuss debattiert und dann den Abgeordneten zur Abstimmung vorgelegt werden.
Zwei wichtige Änderungen zum Regierungsentwurf betreffen die Laufzeit. Sie soll nach dem Willen der Gutachter nicht 30, sondern nur 15 Jahre betragen, außerdem wurden eine Reihe von vorgesehenen Steuererleichterungen nicht befürwortet.
Aus den Reihen der Abgeordneten hagelte es bereits Kritik. Den einen gehen die Änderungen nicht weit genug, die anderen befürchten einen Rückzug der Investoren.

[TomCole]

Antwort auf Beitrag Nr.: 37.065.990 von TomCole am 29.04.09 19:49:58

Fortsetzung von Posting #157
(s. http://www.wallstreet-online.de/diskussion/1141838-151-160/i…):

Die neuere (ausführliche!) ]http://www.business-mongolia.com/category/mongolia-mining-a…:

[Auftretende Abkürzungen: DP = Democratic Party, IMMI = Ivanhoe Mines Mongolia Inc. (vergl. z.B. http://www.ivanhoe-mines.com/i/misc/OTFact.pdf), MP = Member of Parliament, MPRP = Mongolian People's Revolutionary Party, OT = Oyu Tolgoi, PM = Prime Minister]

Comments, conclusion on the investment agreement by owrking groups (Part II)
Written on May 11, 2009 – 6:05 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/comment….

Comments, conclusion on the investment agreement by owrking groups (Part I)
Written on May 11, 2009 – 5:05 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/comment….

Working group on Oyu Tolgoi agreement has concluded
Written on May 8, 2009 – 12:39 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/working….

When OT agreement will be ready?
Written on May 7, 2009 – 11:09 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/when-ot….

Oyu Tolgoi draft agreement will be ready for discussion today
Written on May 7, 2009 – 10:31 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/oyu-tol….

MP Kh.Badamsuren: Further investment will depend on the agreement.
Written on May 5, 2009 – 11:19 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/mp-khba….

MP D.Lundeejantsan: We are closely watching the decision of the working group
Written on May 5, 2009 – 9:10 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/mp-dlun….

PM S.Bayar: Due to crisis, many planned works have become impossible
Written on May 3, 2009 – 1:37 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/pm-sbay….

Speaker met with the senior officials of Ivanhoe Mines
Written on April 2, 2009 – 1:17 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/speaker….

Mongolia copper-gold project in the saddle
Written on April 1, 2009 – 2:54 am | by Hantulga |
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

Working group on Oyu Tolgoi agreement held a meeting
Written on March 25, 2009 – 12:38 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/working….

MPs are stuck in translation of the feasibility study of OT project
Written on March 18, 2009 – 11:03 pm | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/mps-are….

[TomCole]

Oyu Tolgoi investment deal to be completed by mid summer
Tuesday, 12 May 2009
S. http://steelguru.com/news/index/2009/05/12/OTQxMTg%3D/Oyu_To….

OYU TOLGOI PROJECT GOES AHEAD IN SLOW PACE
2009-05-12 13:33:12
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

CONCLUSIONS OF WORKING GROUP ON INVESTMENT AGREEMENT
2009-05-13 15:32:17
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Ivanhoe official sees passing of Oyu Tolgoi agreement within weeks in Mongolia
Wednesday, 13 May 2009 01:07
S. http://www.mongolia-web.com/mining/2412-ivanhoe-official-see….

[TomCole]

BCM Mongolia NewsWire Highlights: OT: Forwarding Recommendations; ...
Friday, 15 May 2009 08:05
BCM Mongolia NewsWire Highlights
S. http://www.mongolia-web.com/mining.

Auszug:

LEAD STORIES:

STANDING COMMITTEE FORWARDS TO GOVERNMENT PROPOSALS ON DRAFT OT AGREEMENT

The Standing Committee on the Economy last week discussed the 11 recommendations submitted by two working groups set up to review proposals and suggestions on the draft Oyu Tolgoi investment agreement. These were received from party groups in Parliament, individual MPs, the media, and NGOs as well as concerned citizens. The committee decided to forward these recommendations to the Government for consideration to be incorporated in the draft before it is submitted to Parliament for approval. They include the following.

The draft includes references to some taxes that are new and also to some at variance with present tax regulations, but does not explain how these would be enforced.

Both party groups in Parliament have proposed to cut the initial agreement period from 30 years to 15 years, but this can be done only after amending the current minerals law. Also, according to the draft the initial 30-year period could be extended for two 20-year periods, thus making it possible that the agreement will be valid for 70 years. This should be clarified.

The draft is also not clear about just when Mongolia can demand raising its 34% stake to 50%. At one point it says this can be done after Mongolia has repaid the amount invested on its behalf, but elsewhere it says this can be done a year after extending the initial agreement.

The arrangement of the quantum of money that is to be spent by the investors as Mongolia’s 34% share of ownership and that will be adjusted against future dividends was not of benefit for the country. It was also not clear how the figure of USD5 billion had been arrived at as the investment share equivalent to 34% ownership. The USD125 million advance payment to Mongolia carries too high an interest rate considering the amount is not very big.

The area where the agreement will apply must clearly be limited to the Oyu Tolgoi copper and gold deposit as registered in State documents and should not extend to any other area of the investor’s exploration and extraction work, nor should the various tax waivers offered in the agreement be allowed to be claimed for any work anywhere outside the specific deposits covered by the agreement.

The details of the work schedule on the proposed copper smelter to be set up, its capacity, and sources of its funding should be included in the agreement.

Since the draft says that in case any conflict arises between the English and Mongolian versions of the agreement the former will prevail, utmost care should be taken to see that both versions are identical in language and content and both sides must consent to regard both versions as binding.

The investor will provide regular and adequate information about the project’s negative impact on the environment to the local people. The environmental restoration program must be transparent.

Members were critical of the poor quality of the feasibility study. The Minister of Natural Resources and Energy, Mr. D.Zorigt, said an updated and upgraded version of the study has now been submitted to Speaker D.Demberel.

Oyu Tolgoi is currently operated by Ivanhoe Mines (TSX:IVN) and its strategic partner, Rio Tinto (NYSE:RTP).

Source: Zuunii Medee, www.news.mn, business-Mongolia.com

[TomCole]

Ivanhoe Mines Announces Financial Results and Review of Operations for the First Quarter of 2009
High-grade molybdenum and rhenium deposit discovered by subsidiary Ivanhoe Australia
5:00 PM ET, May 15, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[TomCole]

Russia to build railroads, develop mineral deposits in Mongolia
18:2515/05/2009
S. http://en.rian.ru/analysis/20090515/155025973.html.

[TomCole]

First quarter saw Ivanhoe sales of 3.5 million at Ovoot Tolgoi
Monday, 18 May 2009 04:23
S. http://www.mongolia-web.com/mining/2434-first-quarter-saw-iv….

MP. N.Ganbyamba: There is no evidence that they not influenced by lobby.
Written on May 17, 2009 – 1:19 am | by Amarsanaa |
S. http://www.business-mongolia.com/mongolia-government/mp-ngan….

IVANHOE MINES LTD ANNOUNCES ITS RESULTS FOR FIRST QUARTER OF 2009
2009-05-17 12:12:50 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

Ivanhoe says Mongolia project sold $3,5m of coal
By: Chanel Pringle
18th May 2009
S. http://www.miningweekly.com/article/ivanhoe-says-mongolia-pr….

[TomCole]

SouthGobi Energy Resources and Glencore International AG Sign Marketing Agreement for SouthGobi's Mamahak Coal Project
Start set on initial 30,000-tonne trial shipment of high fluidity metallurgical coking coal from East Kalimantan mine
8:30 AM ET, May 19, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

Ivanhoe mines announces results and review for Q1 of 2009
Tuesday, 19 May 2009
S. http://steelguru.com/news/index/2009/05/19/OTUwNDQ%3D/Ivanho….

[TomCole]

Mongolian Election Updates: Debate: Yes; Vodka: No; ID cards: Please Wait
Tuesday, 19 May 2009 17:12
S. http://www.mongolia-web.com/government/2443-mongolian-electi….
Auszug:
...
Presidential Election debate is announced
The 2009 Presidential Candidates Ts.Elbegdorj, Democratic Party and N.Enkhbayar, MPRP are going to have debate on 9 pm, 21st of May. The debate will be broadcasted live on Mongolian National Broadcasting.
The Candidates will be debating on many controversy issues such as public share from major mining sites, free higher education, healthy judicial system for over one hour and half.
...




05/19/2009 16:11
MONGOLIA - RUSSIA
Moscow sets out to conquer Mongolia’s gold, coal and copper
Last week premier Putin signed various deals with Ulaan Baatar. Russia’s real target appears to be uranium reserves and to draw the nation into it’s sphere of influence. Mongolia matins a balance in its’ relationship with China, Russia and other powers.
S. http://www.asianews.it/index.php?l=en&art=15287.
Auszug:
...
The centrepiece of Russian premier Vladimir Putin's visit on May 13 was a deal worth potentially $7 billion, under which the Russia agreed to upgrade and expand Mongolia's rail network. The payoff for the Russian railway company includes mining licenses for the Tavan-Tolgoi copper coal mine and the Oyu-Tolgoi cooper-gold mine.
...

[TomCole]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[TomCole]

Elbegdorj or Enkhbayar?
Written by Ch.Sumiyabazar
Friday, May 22, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Auszug:
...
They discussed a poverty, mineral resources, judicial reform, social justice, and how to fight against corruption.
...


Mongolia set for presidential vote
UPDATED ON:
FRIDAY, MAY 22, 2009
12:36 MECCA TIME, 09:36 GMT
S. http://english.aljazeera.net/news/asia-pacific/2009/05/20095….


Enkhbayar, the incumbent president, has pledged to be tough on law and order [EPA]

Auszüge:
...
Local media reports suggest that Enkhbayar is expected to win the election but with a slim majority.

He has promised to be tough on law and order and continue government support for his party's rural base, while his opponent, Elbegdorj, has pitched his campaign on reforming control of Mongolia's rich natural resources.
...
One deal in particular, involving a major copper and gold project, is thought to be worth up to $3bn for the poverty-stricken country's economy.
...

Both candidates say Mongolians must see the benefit of the country's rich resources [EPA]


BCM Mongolia NewsWire Highlights: IVANHOE DISPELS MISGIVINGS; RUSSIA TO BUILD RAILROADS, DEVELOP MINERALS, RE-ASSERTING OLD CONTROL, RESUMING OLD TIES
Friday, 22 May 2009 08:05
S. http://www.mongolia-web.com/mining/2452-bcm-mongolia-newswir….

Auszüge:

BCM Mongolia NewsWire Highlights
...
Business:
Ivanhoe official dispels misgivings based on misperception; Ivanhoe ready for an agreement “equitable and fair to both sides”; ... Students thank Ivanhoe Mines for help;
...
Economy:
Russia in USD7 billion deal to build railroads, develop mineral deposits; Russia to pay for licenses, Mongolia will invest in the mining; Russia could build large plants, using Mongolian coal to sell power to China;
...
Politics:
Mongolia braces for presidential poll; Russia wants to re-assert old control, feels foreign policy specialist; Putin's visit underlines an ongoing process of resuming old ties; Mongolia: The Kremlin takes aim;
...
LEAD STORIES:

IVANHOE OFFICIAL DISPELS MISGIVINGS BASED ON MISPERCEPTION

Mr. A.Munkhbat, Vice President, Ivanhoe Mines Mongolia, answered some questions from a journalist:.

Many MP’s want the draft agreement to be signed with the parent company, Ivanhoe Mines Ltd., and not with Ivanhoe Mines Mongolia Inc. What do you think of the suggestion?

The original idea, as agreed on in the draft of the agreement prepared in 2007, was to conclude the investment agreement with three companies - Rio Tinto, Ivanhoe Mines Limited, and Ivanhoe Mines Mongolia Inc. However, the current Minerals Law says that the investment agreement has to be made with a license holder and that is why only Ivanhoe Mines Mongolia was chosen. This was to preempt any criticism that the laws were being violated. I think the investors will have no problem accepting any Mongolian suggestion that the parent company be involved. The Minerals Law would also not be breached if three companies from the investor’s side, and not just the license holder, sign the agreement. This was, in any case, the original idea.

MPs have expressed concern that Ivanhoe Mines Mongolia Inc is an off-shore company. Are they right to worry?

This should not cause any worry among Mongolians. The company is properly registered in Mongolia to develop a deposit located in the territory of Mongolia. It will pay all taxes and fulfill all obligations in compliance with Mongolian laws. Being off-shore is a kind of protection to reduce the tax burden on the parent company -- that is registered in another country -- after it has paid all taxes and fees to Mongolia. The intention is not to evade tax, but to claim tax benefits in a perfectly legal manner. The Mongolian side need have no fear that we shall not pay taxes and disregard legal obligations here. All it means is that the parent company gets some tax benefits abroad. Mongolia does not lose anything because we are an offshore company.

What do you think of the proposal by several Members of Parliament to amend the Minerals law so that resources would be added to the registered capital of the company?

Yes, some MPs are suggesting that ratification of the investment agreement should wait until the Minerals Law is first amended. There can be no question of treating underground resources as part of the registered capital. There is no such provision in the Constitution or in the Minerals Law. Actually, treating underground resources as forming part of the registered capital of an entity or a company will be a blatant violation of the Constitution which is clear that all such mineral wealth is the property of the people.

There is a common feeling that Ivanhoe Mines is selling Mongolian wealth to its Government that it is selling 34 percent ownership of wealth it already owns. Perhaps you see it differently?

We are talking about an investment of billions of dollars. The Mongolian Government is entitled to 34 percent ownership without paying anything. Ivanhoe Mines Mongolia Inc. will use its funds to pay for the proportionate investment of the 34% owner. The agreement offers the 34% ownership to the Mongolian Government free, but every shareholder has to pay their part of the investment. Since the Mongolian Government does not have that kind of money right now, we shall be paying for them. What we pay will be adjusted against dividends as they fall due. This is exactly what was done in the case of the Erdenet joint venture, where Mongolia acquired 50 percent ownership free of charge and Russia invested on its behalf. That investment was part of our “great debt” and nobody seemed to mind.

Why are the negotiations getting so complicated?

Some people are distorting the issue, maybe deliberately, maybe because of their lack of understanding. For example, some fresh proposals are contrary to Constitutional provisions. Some are suggesting that if the two sides cannot reach an agreement, the Government will confiscate the investor’s license, sell it at a fresh auction and pay a certain amount to the original license holder as compensation. However, confiscation of property is prohibited under the Constitution. Mongolia is a democratic country and I hope that Members of Parliament will apply their mind to the issues involved with proper seriousness.

Some MPs have said that the underground wealth of Mongolia is being sold at foreign stock exchanges; is this the case?

This shows a clear lack of understanding of how things work. Shares of many companies that operate mostly in developing countries are sold at stock exchanges of America, Europe and Asia. There is no complaint that the mineral resources of any of these countries are thus being sold off. No minerals are sold when shares are traded. This is just a way of raising capital by advertising how profits can be made in a particular country rich in minerals by investing in mining operations there. Besides, the money made from sale of shares at a public issue at a stock exchange cannot be kept, but is utilized as the source of financial investment and has to be paid back in any of a variety of ways. If there was enough capital in Mongolia waiting to be invested, the mining companies would certainly offer shares here. There is no economic justification to impose a condition that a percentage of shares has to be offered in the country. That is not the way the system works.

What about complaints that the feasibility study of the project was not adequately detailed?

It all depends on what exactly you expect from a particular feasibility study. To date, Ivanhoe Mines has completed three feasibility studies, and submitted all of them to the Government, the first in January, 2004. The second, an integrated development plan of the deposit, was submitted in October, 2005, while the third was worked out last year. It is under translation into Mongolian and would be ready to be submitted to the Government by the end of this month. The English version was delivered in March and the party groups in Parliament have it, too. However the investment agreement has to be concluded in order that the feasibility study can be finalized. A clear idea of the tax rates is essential to determine whether implementing a project is economically rewarding or not. In the present case, for example, the investor as well as banks and other financial institutions are certain that if the windfall profits tax stays there would be no economic incentive left.

The Russian media report that Russia has agreed to participate in developing Tavan Tolgoi and Oyu Tolgoi deposits. What do you think about this?

I understand that a joint company will be established with investment from state owned entities in both Mongolia and Russia to develop infrastructure required for utilizing large deposits in Gobi region. I assume that is all that the joint venture will do and not directly participate in mining operations. The wrong understanding possibly arises from the fact that Erdenes MGL, which holds the license for Tavan Tolgoi and which is expected to be the official partner of Ivanhoe Mines Mongolia Inc, signed the agreement with a Russian company to establish that joint venture to build railroads. But that company is not going to work in the mining sector. Also, the name of the entity is Infrastructure Development.

Source: Ardiin Erkh

RUSSIA IN USD7 BILILION DEAL TO BUILD RAILROADS, DEVELOP MINERAL DEPOSITS

The Russian rail monopoly and two Mongolian partners agreed to set up a joint venture during Prime Minister Vladimir Putin's visit to Mongolia on May 13. Russian Railways (RZD) pledged to modernize and build railways in return for development licenses for Mongolia's largest deposits, the Tavan Tolgoi coal deposit and the Oyu Tolgoi gold and copper field.
...
Erdenes MGL owns all strategic deposits in Mongolia, including the Oyu Tolgoi gold and copper project, the Tavan Tolgoi coal deposit, and the Dornod uranium deposit.
...
Tavan Tolgoi, located 342 miles from the Mongolian capital, is one of the world's 10 biggest coal deposits (6.5 billion tons). Oyu Tolgoi (32 million tons of copper and 32 million oz of gold) is located in the south Gobi region. The joint venture will not develop the deposits, but will hold tenders to choose co-investors. It will form project operators with the winners, holding 25% plus one share in them and leaving 75% minus one share to the selected co-investors.
...
Source: http://rian.ru/analysis

RUSSIA WANTS TO RE-ASSERT OLD CONTROL, FEELS FOREIGN POLICY SPECIALIST
...
Mr. Sukhbaatar feels Russia’s main interest is uranium, not so much Oyu Tolgoi and Tavan Tolgoi.
...
Source: Ardiin Erkh


Mongolia election tight amid wait over mining deals
Fri May 22, 2009 2:49am EDT
By Jason Subler
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….

Auszug:

ULAN BATOR, May 22 (Reuters) - Mongolians head to the polls on Sunday to elect a new president in a tight race that will help determine when and how the country will reach consensus on working with foreign investors to tap its vast mineral wealth.

Most immediately at stake is whether parliament can quickly ratify a long-awaited draft investment agreement on the $3 billion Oyu Tolgoi copper and gold project, set to be developed by Ivanhoe Mines (IVN.TO) and Rio Tinto (RIO.AX) (RIO.L).

While the office of president is largely ceremonial, the contest over that symbol of national unity has already distracted parliament from working on approving the landmark agreement. Any disputes over the election's outcome could further push back progress.

Further, a victory by opposition Democratic Party (DP) candidate Tsakhiagiin Elbegdorj over incumbent Nambariin Enkhbayar of the ruling Mongolian People's Revolutionary Party (MPRP) could set back foreign investors' long-term interests.

"If Elbegdorj wins, that would be a pretty strong signal of probably more complications in policy making over mining, given his track record on anti-foreign and populist inclinations," said Damien Ma with political risk consultancy Eurasia Group.

Mongolia, whose annual per-capita income is about $1,200, wants to use its deposits of copper, gold, uranium, lead, zinc, and coal to pull its nearly 3 million people out of poverty.

The government's desire to formulate the Oyu Tolgoi deal as a template for future mining projects has meant negotiations have dragged on for years, as Mongolia seeks to ensure it obtains more favourable terms than with past projects.

But sealing the deal quickly is now widely seen as increasingly important if Mongolia hopes to realise its ambitions of becoming a mining powerhouse and take advantage of the next upturn in commodity prices. [ID:nHKG333638]

In the meantime nearly $1 billion in foreign loans and grants are helping Mongolia, a vast, windswept country wedged between Russia and China, through a collapse in mineral prices, particularly for its biggest export, copper, that has seriously dented income.

Any repeat of the type of unrest and ensuing legal struggles that followed last year's parliamentary elections, in which at least five died, could postpone the Oyu Tolgoi project and other investments further, just when the country most needs to secure future sources of revenue, said Ma.

If any post-election disruptions to progress on mining were serious, there could even be a "low, but slight uptick" in the risk that Ivanhoe or Rio Tinto could become so disenchanted that they would think twice about Oyu Tolgoi, he said.
...


FACTBOX-Mongolian mining in focus ahead of election
Fri May 22, 2009 2:51am EDT
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….

Auszüge:

May 22 (Reuters) - Foreign investors will be watching Mongolia's presidential elections on Sunday for signs of whether the outcome will serve to further postpone the parliament's ratification of a landmark mining investment agreement.

Following are some of the projects at stake and other facts about foreign investment in Mongolia, a vast country landlocked between Russia and China whose empire under Genghis Khan once extended west as far as Hungary.

OYU TOLGOI

The Oyu Tolgoi copper and gold project, which would be Mongolia's largest foreign investment, has become a symbol of the difficulties of investing in the country.

Negotiations over the $3 billion project, a joint effort between Ivanhoe Mines (IVN.TO) and Rio Tinto (RIO.AX) (RIO.L), have dragged on for years as the government has sought the revenues that eluded it with previous mining deals.

Ivanhoe initially struck a deal to develop the mine in 2006, but that pact was withdrawn last year when Mongolia sought more favourable terms as copper and gold prices soared.

The proposal has been endorsed by Mongolia's cabinet and National Security Council and is now with the parliament.

At issue is the extent of ownership Mongolia will ultimately demand and the precedent that demand will set for future negotiations with regional and global players such as BHP Billiton (BHP.AX)(BLT.L).

The country's contentious 2006 mining law allows the state a share of up to 34 percent of deposits found with private funds and up to 50 percent of those discovered with state funds.
...
URANIUM, TRANSPORT
...
Russia's state rail monopoly also signed a deal potentially totalling $7 billion to upgrade Mongolia's rail network and improve access to untapped deposits of uranium, coal and other minerals in the Gobi. (Compiled by Jason Subler; Editing by Jerry Norton)


Economic crisis shapes Mongolia president election
By GANBAT NAMJILSANGARAV – 3 hours ago [22.05.2009, ca. 12:20]
S. http://www.google.com/hostednews/ap/article/ALeqM5gaHhkoLHGr….

Auszüge:
...
"People like the candidates that make more pledges and promises. This promise to distribute mining profits plays an especially significant role in the election's outcome. Both candidates are promising to do this and pledging to make Mongolians masters of Mongolia and making patriotic and populist appeals," said Amgalanbaatar Dagdandorj, a political analyst with the research company Mongolian Marketing Consulting Group.
...
The candidates' promises to tap royalties from mining projects seem far off. The government has been stymied trying to re-negotiate terms on mining concessions with big foreign companies. A re-negotiated deal with Canada-based Ivanhoe Mines and Australia's Rio Tinto has been held up by a parliamentary committee, which has demanded the government try to get more money.

One of President Enkhbayar's campaign slogans promotes a "gift from the motherland to every citizen." His MPRP party proposes setting up a fund similar to Alaska's where every citizen receives shares from mining profits.
...


2 Nachträge:

Robert Friedland steps in as Potash One moves to raise funds
The company is working on a feasibility study for Legacy right now. After that, the focus will likely be financing
Peter Koven, Financial Post Published: Tuesday, May 12, 2009
S. http://www.financialpost.com/news-sectors/story.html?id=1589….


Nick Procaylo/Canwest News Service
Mr. Friedland, the head of Ivanhoe Capital Corp., lives in Singapore and has spent the past two decades building business ties in Asia and promoting the region to Western investors.

Auszug:
...
He is best-known to Canadian investors as the man behind the $4.3-billion sale of the Voisey's Bay nickel project in Labrador to Inco Ltd. He has spent the past several years trying to reach an investment agreement for Ivanhoe Mines Ltd. to develop the giant Oyu Tolgoi copper-gold project in Mongolia, but progress has been very slow.
...


Ivanhoe rated a "market perform"
Posted: May 01, 2009, 1:00 PM by Peter Koven
S. http://network.nationalpost.com/np/blogs/tradingdesk/archive….

[TomCole]

Mongolians to choose new president
2009-05-23 08:58 BJT
S. http://www.cctv.com/program/worldwidewatch/20090523/101042.s….

Auszüge:
...
Enkhbayar has vowed to be tough on law and order.
...
Elbegdorj, on the other hand, is promising ordinary Mongolians they will have a better life ahead.
...


Exploration in Emerging Environments
Posted Tuesday, 19 May 2009
A Monday Morning Musing from Mickey the Mercenary Geologist
S. http://news.goldseek.com/GoldSeek/1242739817.php.

Auszug:
...
Exploration in other emerging countries has been technically successful but development of economic mines has been derailed.

For instance, a junior resource company defined the world class copper-gold porphyry at Oyu Tolgoi, Mongolia in the early 2000’s. A subsequent windfall profits tax adopted by the government has left successful mine development and project economics in serious doubt not only for this project but all exploration and mine development in country. Mongolia is now regarded as an environment with unacceptable geopolitical risk.
...

[TomCole]

MPRP LEADERS CONGRATULATE ELBEGDORJ
2009-05-25 14:03:53 |
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….

Ulaanbaatar. /MONTSAME/. "We respect voters' choice. Tsakhia Elbegdorj, a candidate of Dem Party, is expected to win the Presidential Election by majority of votes. Mongolian People's Revolutionary Party (MPRP) admits Elbegdorj to win the election without fraudelence. For me as MPRP Chairman, I congratulate Elbegdorj for his election as a new President of Mongolia", Sanjaa Bayar said at the press conference held in Government House at around 12pm Monday.

Then, incumbent President Nambar Enkhbayar said "I would like to offer my sincere gratitude to electors who gave their votes to me. I would like to extend my congratulation to Elbegdorj who gained a victory in the election, however, an official preliminary result has not been finalised yet".

S. Batbayar


Elbegdorj: President; Enkhbayar admits defeat UPDATE 2
Monday, 25 May 2009 03:10
S. http://www.mongolia-web.com/government/2458-mongolia-electio….





Thomson Reuters
UPDATE 1-Opposition claims win in Mongolia presidential race
05.24.09, 09:55 PM EDT
By Jason Subler
S. http://www.forbes.com/feeds/afx/2009/05/24/afx6460700.html.


Mongolia Chooses Lesser of Two Evils in Presidential Election
Sunday, 24 May 2009 17:14
S. http://www.mongolia-web.com/government/2456-mongolia-chooses….



[Auch aus diesem Artikel:]
A Few Election Campagne Images:
http://www.mongolia-web.com/social/photos/photo?albumid=5#ph…

[TomCole]

UPDATE 2-Polls close in Mongolia with mining wealth in sight
Sun May 24, 2009 11:45am EDT
By Jason Subler
S. http://www.reuters.com/article/marketsNews/idUSPEK1437992009….

Auszug:
...
A win by Elbegdorj could complicate policymaking on mining, given his track record of anti-foreign and populist inclinations, analysts say.

[spezialdigger]

Antwort auf Beitrag Nr.: 37.243.639 von TomCole am 25.05.09 10:33:10

Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
Präsidentschaftswahlen

von Dr. Renate Bormann, Berlin, Ulaanbaatar
(© Text & Fotos)


Tsakhiagiin Elbegdorj

Tsakhiagiin Elbegdorj hat Präsidentschaftswahlen gewonnen
Nach vorläufigen Angaben hat der Kandidat der DP die Präsidentschaftswahlen mit 35 000 Stimmen Vorsprung gewonnen. Elbegdorj gewann in sieben von neun Hauptstadtbezirken und in acht Aimags.
Präsident N. Enkhbayar und Ministerpräsident S. Bayar (MRVP) erklärten auf einer Pressekonferenz am Morgen des 25. Mai in Ulaanbaatar, „wir erkennen das Ergebnis der Wahlen an“. Amtsinhaber N. Enkhbayar hat der DP und seinem Herausforderer zum Sieg gratuliert.
Die ZWK erklärte, sie habe die Parteien bisher nicht offiziell informiert. Das endgültige Ergebnis liege noch nicht vor.
Nach der MRVP-Pressekonferenz versammelten sich auf dem Sukhbaatplatz feierfreudige DP-Anhänger. Ursprünglich war die Feier erst für den Nachmittag angesetzt.
Der designierte Staatspräsident Elbegdorj legte am Chinggis-Denkmal Blumen nieder und bedankte sich bei seinen Wählern für das ihm erwiesene Vertrauen.

Spannender Präsidentschaftswahlkampf
Zum fünften Mal haben die Mongolen am 24. Mai ihren Staatspräsidenten gewählt.
Von 07:00 bis 22:00 Uhr konnten die 1 484 094 registrierten wahlberechtigten Bürger in 1 691 Wahllokalen für einen der beiden Kandidaten stimmen.
Bis 21:00 Uhr hatten 958 901 oder 64, 6 Prozent der Bürger von ihrem Wahlrecht Gebrauch gemacht.
2005 waren es zum gleichen Zeitpunkt 74,98 Prozent.
Kurz nach Mitternacht Ortszeit verkündeten beide Wahlkampfleiter die ersten Auszählungsergebnisse. Danach hat Elbegdorj in 158 von den bisher ausgezählten 236 Bags gewonnen.
Zur Stunde versammeln sich die Mitglieder der Führungsgremien der DP, die Vorsitzende der Zivilcouragepartei, S. Oyun, Grünenparteichef D. Enkhbat, der ehemalige stellvertretende Vorsitzende der Bürgerbewegungspartei, Magnai, der Chef der „Front Ehrlicher Bürger", G. Arslan und Vertreter anderer Bürgerbewegungen und Parteien im DP-Gebäude, um gemeinsam den Fortgang der Auszählungen zu verfolgen.
Auch die MRVP-Führung hat sich versammelt und informiert über die aktuellen Auszählungsergebnisse.
In 20 von 21 Aimags habe ihr Kandidat, N. Enkhbayar, gewonnen (Stand 03.40 Uhr).
In Ulaanbaatar hat nach Informationen aus der DP-Parteizentrale Elbegdorj die Nase vorn.
Nach dem Gesetz muss das offizielle Wahlergebnis spätestens fünf Tage nach den Wahlen, am 29. Mai, verkündet werden.
Stündlich werden die Ergebnisse aus weiteren Aimags und Sums gemeldet. In Khentii hat Amtsinhaber Nambaryn Enkhbayar gewonnen, im Chingeltei-Duureg von Ulaanbaatar Elbegdorj.

Kurzbiografie Elbegdorj
Tsakhiagiin Elbegdorj wurde am 30. März (nach anderen Quellen am 08. März) 1963 im Tsereg-Sum im Khovd-Aimag als jüngstes von acht Kindern des Viehhalters und Kriegsveteranen Tsakhia und der Viehhalterin Khoninkhuu geboren.
Nach dem Besuch der Grundschule und den ersten Jahren auf der Oberschule im Tsereg-Sum zog er 1979 mit seiner Familie nach Erdenet. Hier schloss er 1981 die Oberschule mit Auszeichnung ab und begann zunächst eine Lehre als Maschinist im Kupfer-Molybdän-Kombinat. Bereits während dieser Zeit schrieb er Gedichte, die im Roten Stern veröffentlicht wurden, später handelte er sich wiederholt Ärger mit der Staatsmacht wegen seiner offenen, mehr Demokratie und Freiheit fordernden Artikel ein.
1983 -1988 studierte er Journalistik am militärpolitischen Institut in Lwow (Ukraine), danach arbeitete er bis 1990 als Korrespondent der Armeezeitung „Ulaan Od" (Roter Stern).
Elbegdorj gehörte zu den Begründern der demokratischen Bewegung in der Mongolei, die 1990 das Ende der Alleinherrschaft der MRVP einläuteten.
Am Entwurf der ersten demokratischen Verfassung der Mongolei von 1992 hat er maßgeblich mitgearbeitet, er gründete den ersten freien TV-Sender und arbeitete als Vorsitzender des Unternehmerverbandes.
Nach dem Wahldebakel für die Demokraten im Jahr 2000 absolvierte Elbegdorj 2001 einen Masterstudiengang an der Coloradouniversität, 2002 erwarb er das Diplom als Kommunikationswissenschaftler in Harvard.
Zwischen 1990 und 2000 wurde er zweimal in die Große Staatsversammlung gewählt. Seit 2008 ist er erneut Mitglied im mongolischen Abgeordnetenhaus.
Elbegdorj war zweimal Ministerpräsident (1998 und von 2004 bis 2006) sowie einmal Vizevorsitzender der Staatsversammlung.
Nach den Unruhen im Zusammenhang mit den Parlamentswahlen 2008 und innerparteilichen Querelen trat er als Vorsitzender der DP zurück.
Ts. Elbegdorj und seine Frau Kh. Bolormaa sind Eltern von fünf Kindern, vier Söhnen und einer Adoptivtochter.

[TomCole]

Antwort auf Beitrag Nr.: 37.244.774 von spezialdigger am 25.05.09 13:15:23

Interessant ist m.E. besonders die "Kurzbiografie Elbegdorj".
http://www.mongolei.de/news/2009ma3.htm

[TomCole]

Opposition Wins Presidency in Mongolia
By DAN LEVIN
Published: May 25, 2009
S.
http://www.nytimes.com/2009/05/26/world/asia/26mongolia.html….

Auszug:
...
Faced with growing inequality, sinking mineral prices and widespread dissatisfaction with the political establishment, the candidates promised Mongolians a new era of economic stability and governmental accountability. Both sides claimed they would turn the country’s mining riches over to the people, rather than foreign investors.

The global downturn has left Mongolia’s coalition government scrambling to obtain a greater profit share of the nation’s vast mineral resources, an issue both candidates used to drum up popular support.

In addition, Mr. Elbegdorj vowed to reform the judiciary and route out corruption, while President Enkhbayar promised free education and increased rule of law.

The result should give Mr. Elbegdorj the political capital he needs to resolve vital issues for Mongolia, including the fate of the Oyu Tolgoi mine, one of the world’s largest reserves of copper and gold with a potential value of $3 billion. Parliament has been embroiled for months in negotiations over a draft investment agreement that would give partial ownership of the mine to Ivanhoe Mines of Canada and Rio Tinto of Australia.
...



Page last updated at 06:22 GMT, Monday, 25 May 2009 07:22 UK
Mongolia opposition wins election
S. http://news.bbc.co.uk/1/hi/world/asia-pacific/8065608.stm.

Auszüge:


The incumbent President said his rival had won a "narrow victory"
...
The election campaign was dominated by the issue of distributing the country's vast mineral wealth.
...

...
In 1990, Mongolia abandoned its 70-year-old Soviet-style one-party state and embraced political and economic reforms.

Democracy and privatisation were enshrined in a new constitution, but the collapse of the economy after the withdrawal of Soviet support triggered widespread poverty and unemployment in the sparsely-populated, landlocked country.



Mongolia's Democratic Party wins presidential poll
By Peter Oetzmann – 10 hours ago [zum Zeitpunkt 25.05.2009, ca. 15:20 EST]
S. http://www.google.com/hostednews/afp/article/ALeqM5jmp8QP6bP….

Auszüge:
...
The post is officially supposed to be a ceremonial one, but recent Mongolian presidents have wielded significant political clout.
...
Economic issues took centre stage in the presidential campaigning in a country -- sandwiched between Russia and China -- where more than one-third of the population lives below the poverty line.

The global economic crisis has led to plummeting mineral prices in a nation that relies heavily on resources such as copper, coal and gold, triggering a rise in unemployment.

However, some voters said they saw little difference between the two candidates, largely because their parties are partners in a parliamentary coalition pursuing roughly the same policies.
...
Elections in Mongolia -- one of the world's youngest democracies -- are routinely plagued by charges of fraud and bribery.

In an attempt to prevent electoral fraud, Mongolians for the first time were required to present a special voter card when entering polling booths, as well as their identity documents.
...



NEW WORLD BANK STRATEGY TO SUPPORT MONGOLIA
2009-05-25 18:38:42
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszüge:



...
"It focuses on three key areas: improving fiscal sustainability in a mineral-based economy; protecting the poor and vulnerable; and encouraging transparent and prudent mining investments and a more competitive and stable medium-term business investment climate," World Bank announced.
...
But late last year, after a sustained period of rapid economic growth propelled by high mineral prices, the country entered a steep economic downturn. Sharp drops in the price of Mongolia's export commodities, particularly copper, led to major declines in government revenues. As a result, Mongolia has been among East Asia's hardest hit countries by the global economic crisis.
...
S.Batbayar



Nachtrag:

POLITICAL ECONOMY
TIGHT RACE
Mongolians go to the polls with mining on their minds
The outcome of Mongolia's presidential election could determine the speed at which key mining projects like the giant Oyu Tolgoi copper/gold project progresses to production.
Author: Jason Subler
Posted: Sunday , 24 May 2009
ULAN BATOR (REUTERS) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….

Auszüge:
...
A win by Elbegdorj could complicate policy making on mining, given his track record of anti-foreign and populist inclinations, analysts say.
...
Mongolia, whose empire under Genghis Khan once extended west as far as Hungary, now faces the imperative of uniting on what terms it can accept in working with foreign miners to develop the deposits of copper, gold, uranium, lead, zinc, and coal that it hopes will pull its nearly 3 million people out of poverty.

Negotiations over the $3 billion Oyu Tolgoi project, set to be developed by Ivanhoe Mines and Rio Tinto, have dragged on for years as the government seeks to formulate it as a model for obtaining sufficient revenue from its mineral resources in future.
Sealing the deal quickly is increasingly important if Mongolia hopes to realize its ambitions of becoming a mining powerhouse and take advantage of the next upturn in commodity prices, analysts say.
...

[spezialdigger]

Antwort auf Beitrag Nr.: 37.246.203 von TomCole am 25.05.09 16:35:04

Nun ja, das ist keine besonders schöne Nachricht,der amtierende
Präsident wäre allemal das geringere Übel gewesen.
Trotzdem halte ich die Reaktion in Übersee mal wieder für ausgesprochen übertrieben.
ich denke der Kurs wird weiterhin langfristig auwärtsgehen.

[dibo8]

http://www.businessspectator.com.au/bs.nsf/Article/UPDATE-4-…

New Mongolian ruling party could complicate $US3bn Rio, Ivanhoe JV
TOP News
The Spectators

By Jason Subler of Reuters

ULAN BATOR - Mongolia's opposition Democratic Party (DP) candidate Tsakhiagiin Elbegdorj won the presidential election, authorities said, in an outcome analysts said could complicate a pivotal mining deal.

With virtually all polling stations reporting, Elbegdorj took more than 51 per cent of the vote, while incumbent Nambariin Enkhbayar of the ruling Mongolian People's Revolutionary Party (MPRP) received just over 47 per cent, the General Election Committee said.

Enkhbayar's quick admission of defeat, before official results were in, helped the young Central Asian democracy avoid a repeat of the deadly violence that followed allegations of fraud during tightly fought parliamentary elections last summer.

Instead, thousands celebrated on the main square in the capital Ulan Bator.

"The Mongolian people have made a choice for their rights and freedoms. Mongolians have made a choice for the material wealth that rightly belongs to them," Elbegdorj told his supporters, with a huge statue of Genghis Khan, who ruled an empire that extended as far west as Hungary, serving as his backdrop.

Elbegdorj won the largely ceremonial post on promises of rooting out corruption and obtaining a greater share for individuals of the country's mineral wealth.

Analysts say policy-making related to foreign involvement in the economy could become more unpredictable. Specifically, Elbegdorj's populist leanings could lead to a tougher stance in dealings with foreign investors in the mining sector.

The most immediate question is whether a draft investment agreement on the $US3 billion ($A3.8 billion) Oyu Tolgoi project, set to be developed by Canadian-based Ivanhoe Mines and Australia's Rio Tinto , will be held up further after years of negotiations.

The government hopes to use the Oyu Tolgoi deal as a template for future mining projects, meaning whatever happens with it will have widespread implications.

"If it's all finalised, and it's completely confirmed that he's the decisive winner, then I think it does not bode too well for the proceedings over Oyu Tolgoi," Damien Ma with political risk consultancy Eurasia Group, said.

With Elbegdorj in the presidency, the negotiations could potentially be delayed further, and Mongolia could also push harder on some of its positions in the talks, Ma said.

Failure to seal the deal quickly could hamper Mongolia's ambitions of becoming a mining powerhouse and using its vast deposits of copper, gold, uranium, lead, zinc, and coal to help pull its nearly three million people out of poverty.

That poverty itself is what prompted many to vote for Elbegdorj.

Many saw his ticket as a way out of the current economic difficulties, which have been caused in large part by a sharp drop in the price of the landlocked country's main export, copper.

"I hope that the new president will improve the people's lives in this hard economic situation and bring us out of the financial slump. The people are going through a tough time," said Tsedeviin Tsetsegmaa, 42, a food safety inspector.

[TomCole]

Antwort auf Beitrag Nr.: 37.246.817 von spezialdigger am 25.05.09 18:00:27

Angesichts des augenblicklichen Kursverlaufes von Ivanhoe Mining Limited ist der neue Präsident Tsakhiagiin Elbegdorj m.E. nun aber unmissverständlich dazu aufgerufen, im Interesse seines Landes positiv wirksam zu werden. Nach seiner o.g. Kurzbiografie hat er m.E. durchaus das Zeug dazu. Also bin auch ich mittelfristig noch zuversichtlich.

[spezialdigger]

Antwort auf Beitrag Nr.: 37.248.012 von TomCole am 25.05.09 21:05:02

Die letzte Entscheidung über Oyu Tolgoi trifft ohnehin das mongolische Parlament,nicht der Präsident,
Noch immer geht es einem Großteil der Bevölkerung schlecht, viele Menschen leben an der Armutsgrenze.
Eine Richtungsweisende Entscheidung zugunsten ausländischer Investoren könnte der Mongolei innerhalb recht kurzer Zeit Wohlstand für alle bringen.
Aus diesem Grund bin ich sehr zuversichtlich was die Zukunft ,auch von Ivanhoe,angeht.

[spezialdigger]

Antwort auf Beitrag Nr.: 37.250.174 von spezialdigger am 26.05.09 09:37:24

26. Mai 2009, Neue Zürcher Zeitung
Bangen und Hoffen in der Mongolei
Bangen und Hoffen in der Mongolei
Politischer Machtwechsel vor dem Hintergrund sozialer Spannungen
Viele Menschen sind mit ihrer Situation unzufrieden: Sie leben in tiefer Armut und haben in den letzten Jahren keine Verbesserung der Situation erfahren. Nun feiern sie erst einmal die Abwahl des Staatschefs.
Bild anklicken für Vollansicht
Viele Menschen sind mit ihrer Situation unzufrieden: Sie leben in tiefer Armut und haben in den letzten Jahren keine Verbesserung der Situation erfahren. Nun feiern sie erst einmal die Abwahl des Staatschefs. (Bild: Reuters)
Toolbox
Druckansicht
Artikel versenden
Die Abwahl des mongolischen Staatschefs am Sonntag illustriert die Unzufriedenheit breiter Bevölkerungsteile mit ihrer politischen Führung. Viele Mongolen leben in tiefer Armut und haben in den letzten Jahren keinerlei Verbesserung ihrer Lage erfahren.

Von unserem Korrespondenten Peter A. Fischer


Ulaanbaatar, 25. Mai

Die in ein traditionelles Hirtengewand gehüllte Mongolin arbeitete einst als Agronomin in einem Forschungsinstitut in der 1300 Kilometer westlich der Hauptstadt Ulaanbaatar gelegenen Provinz Uvs. Dann kam der Untergang des kommunistischen Systems. Die alten Strukturen brachen zusammen, und die Familie wandte sich mit privatisierten Tieren wieder der Nomadenwirtschaft zu. Doch das Leben in der abgelegenen Provinz wurde zunehmend schwieriger. Weil es in der Gegend keine Universitäten gab, musste die Familie die Kinder in die Hauptstadt schicken. Zur Finanzierung verkaufte sie immer mehr Tiere. Vor kurzem haben die Eltern ihre Jurte rund 30 Kilometer vor Ulaanbaatar im dichtbesiedelten Grasland aufgeschlagen. Sie hätten näher bei den Kindern sein wollen, erklärt die Frau. Geblieben sind den beiden noch einige Kühe, deren Milch sie verkaufen. Die Tiere zu ernähren, werde immer schwieriger, weil die Weiden übernutzt seien, sagt die Mongolin. Vielleicht werde sie mit ihrem Mann Gemüse pflanzen oder ganz in die Stadt ziehen.
Anzeige
.
.
Armut auf dem Land und in der Stadt

Dort wartet allerdings selten das grosse Glück. Die alteingesessenen Einwohner von Ulaanbaatar nennen die immer weiter hinaus wuchernden neuen Wohngegenden Jurtenviertel und meiden sie möglichst. Mongolen aus allen Landesteilen haben dort irgendwann ihre Jurten aufgestellt, um zu bleiben. Sie verkauften ihre Tiere, bauten einen Holzzaun und konnten dann das Stück Land darin privatisieren. Doch für die meisten begann damit ein harter Kampf um ein einigermassen menschenwürdiges Leben. Grossmutter Tserenadmid – Mongolen brauchen üblicherweise nur einen Namen – lebt mit 13 Mitgliedern ihrer Grossfamilie seit neun Jahren auf einem kleinen, von drei Jurten besetzten Grundstück. Drei Kinder gehen zur Schule. Nur zwei Erwachsene haben eine feste, aber schlecht bezahlte Arbeit, die anderen sind auf der stetigen Suche nach Gelegenheitseinkünften oder geringer staatlicher Unterstützung.

Eine Kanalisation gibt es nicht, Wasser schleppt die Grossmutter den Hügel zu den Jurten hoch. Das lokale Stromnetz ist so überlastet, dass der Fernseher und die Glühbirne in der Jurte nach sechs Uhr abends häufig ausgehen. Das Geld reicht gerade zum Essen und für das Allernotwendigste. Im Winter, wenn die Temperaturen auf minus 30 Grad Celsius und tiefer fallen können, sind die Finanzen öfters so knapp, dass keine Kohle mehr für die kleinen Öfen gekauft werden kann. Dann werden alte Autoreifen oder irgendetwas verbrannt, was sich gerade findet; ätzender Rauch verpestet die Luft. Die Hoffnungen richten sich auf bessere Jobs und eine bessere Infrastruktur. In den Augen vieler hat die Politik versagt.
Ungenügend genutztes Rohstoffpotenzial

Der Nachbar Otgonbayar gehört zu den Glücklicheren. Der aus der Wüste Gobi im Süden des Landes stammende Lastwagenfahrer verdient mit vielen Überstunden- und Leistungszulagen als Chauffeur bei einem privaten Bergbauunternehmen so gut, dass die Familie nach sieben Jahren von der Jurte in ein selbstgebautes, schönes kleines Haus wechseln konnte. Aus dem Jurtenviertel in die Innenstadt zu ziehen, liegt nicht drin, aber existenzielle Sorgen haben Otgonbayar und seine Familie nicht mehr. Der Sohn will Journalist werden und sich für eine gerechtere Welt einsetzen. Dieses Beispiel ist kein Einzelfall. Die Hauptstadt zählte 1990 noch 586 000 Einwohner, heute siedeln dort gut 1 Million oder fast 40 Prozent aller Mongolen, viele davon in den verarmten Jurtenvierteln. Laut amtlichen Statistiken mussten 2008 landesweit 35 Prozent der Bevölkerung ein Leben unter dem offiziellen Existenzminimum von 1 Franken 60 pro Kopf und Tag fristen. Das waren ungefähr gleich viele wie 2004.

Dabei ist die Wirtschaft in der Mongolei in den letzten fünf Jahren vor allem dank dem Bergbau mit durchschnittlich 9 Prozent pro Jahr kräftig gewachsen. Das Land gilt als das grosse, noch weitgehend unerschlossene Eldorado der Bergarbeiter. Unweit der Grenze zum rohstoffhungrigen China lagern riesige Vorräte an Kupfer, Gold und Kohle. Über deren Erschliessung wurde in den letzten Jahren viel geredet, aber erst wenig getan. Die Mongolei, die nicht zu sehr in Abhängigkeit von ihren beiden übermächtigen Nachbarn Russland und China geraten wollte, favorisierte zuerst westliche Unternehmen. Doch während die Rohstoffpreise in die Höhe schnellten, stiegen die Begehrlichkeiten. Politiker begannen westliche, chinesische, russische und inländische Interessenten gegeneinander auszuspielen. Das bescherte vorerst bloss einem relativ kleinen Bevölkerungsteil, dessen Wirtschaftsinteressen oft eng mit der Politik verflochten sind, neuen Reichtum. Wegen der Weltwirtschaftskrise und der gesunkenen Rohstoffpreise ist der Staatshaushalt in den letzten Monaten in derartige Schieflage geraten, dass die Mongolei den Internationalen Währungsfonds um Finanzhilfe bitten musste.

Dabei galt das Land, das 38-mal grösser ist als die Schweiz, aber nur 2,7 Millionen Einwohner zählt, unter den aus dem ehemaligen Einflussbereich der Sowjetunion stammenden Ländern bisher als Modellfall. Die Ablösung von der alten kommunistischen Herrschaft verlief friedlich. Demokratische Institutionen ermöglichten mehrmals einen Machtwechsel zwischen Reformkommunisten und den sogenannten Demokraten, begleitet von einer verhältnismässig lebendigen Zivilgesellschaft. Sowohl Reformkommunisten wie Demokraten verfolgten lange eine sehr liberale, dem Westen zugewandte Wirtschaftspolitik. Doch die zunehmenden Unterschiede zwischen Arm und Reich und eine starke Korrumpierung der Politik stellen dieses System inzwischen unter immer grössere Belastungsproben.
Das Trauma der Gewalt

Bei den Parlamentswahlen von Ende Juni 2008 häuften sich die Klagen wegen Wahlbetrugs und unfairer Einflussnahme der Regierung. Als die Reformkommunisten einen unerwartet deutlichen Wahlsieg für sich beanspruchten, kam es zu Demonstrationen, die am Abend des 1. Juli in Gewalt umschlugen. Die Parteizentrale der Reformkommunisten wurde in Brand gesetzt. Die anscheinend schlecht vorbereitete Polizei erschoss fünf Demonstranten und verhaftete Hunderte. Zu neuen blutigen Zusammenstössen ist es im Vorfeld der Präsidentenwahl vom Sonntag nicht gekommen. Aber der Gewaltexzess vom letzten Jahr w

[TomCole]

Antwort auf Beitrag Nr.: 37.250.174 von spezialdigger am 26.05.09 09:37:24

Wie u.a. aus den vielen uns nun vorliegenden Informationen hervorgeht, hat der Präsident v.a. repräsentative Aufgaben, kann aber - wie offenbar früher schon geschehen - seinen politischen Einfluss ausweiten. Seine Einflussnahme kann daher und selbstverständlich schon wegen seiner Position in seiner Partei erheblich sein.

Der neue Präsident Tsakhiagiin Elbegdorj hat m.E. seinen Wahlkampf nun insbesondere damit gewonnen, dass er die Verbesserung der ökonomischen Lage der Bevölkerung versprochen hat.

Jetzt muss er daher also auch entsprechend liefern!

Das kann er nur, wenn er dazu beiträgt, die Staatseinnahmen zu erhöhen. Abgesehen von den gegenwärtigen Auslandskrediten usw. kommt m.E. für die Mongolei hierfür v.a. die Förderung des Bergbaues in Frage.

So wird der neue Präsident Tsakhiagiin Elbegdorj nach der offiziellen Bekanntgabe des Wahlergebnisses (spätestens am 29.05.2009) guten Grund haben, sich öffentlichkeitswirksam auch für möglichst baldige Abschlüsse von einkommensträchtigen Bergbau-Vereinbarungen einzusetzen.

Dies kann ihn m.E. nur anspornen, die vom Parlament zu billigende Investitionsvereinbarung zwischen der Regierung und IVN (mit RIO) in seinem Einflussbereich nach Möglichkeit zu fördern.

Selbstverständlich auf mongolischer Seite insgesamt mit dem Ziel, die z.B. in der Öffentlichkeit, in Verbänden, in den Parteien, im Parlament und in der Regierung erschöpfend geführte Debatte nun zu den endgültigen Schlussfolgerungen und nötigen Entscheidungen zu führen.

[spezialdigger]

Antwort auf Beitrag Nr.: 37.252.153 von TomCole am 26.05.09 12:57:31

so und da ist dann auch schon die erste Pressekonferenz zu den Ergebnissen der OT Arbeitsgruppe.
Wie es aussieht geht am Ende dann doch alles ganz schnell



Мэдээ Мэдээ » English news » Politics
G.ZANDANSHATAR MP: OT DIVIDEND TO BE PROVIDED STARTING FROM 2024
2009-05-26 16:48:04 | | Хэвлэх | Найздаа илгээх |

Ulaanbaatar, /MONTSAME/ Working groups of Parliamentary Standing Committee on Economy and Parliament combined their comments and conclusions on Oyu Tolgoi agreement and presented them to the Government. In relationship with this event, working group members Ts.Bayarsaikhan, G.Zandanshatar, D.Damba-Ochir and D.Baldan-Ochir MPs have called a press conference.
Ts.Bayarsaikhan, a Chairman of the Standing Committee on Economy, opened it. "&People of Mongolia received many comments towards the strategically important deposits. Draft investment agreement on OT project between the Government of Mongolia and IMMI was presented to parliament in March. Many important issues such as benefits from the mining projects to the people of Mongolia took effect in the draft agreement. But it was discussed by the party groups and was decided that it cannot be adopted as it was presented by the Government. Some issues of this important and big agreement were discussed separately over ten times in the past. The Standing Committee concluded that the working group comments were correct and sent back to the Government&"
Not only MPs worked on the draft. Research and Monitoring Center of the State Great Khural made study on three directions including news, editorials, articles, research materials around the world regarding the mining industry. Working group thinks that the term of the agreement (30 years at the signature and will be extended twice with 20 years) is quite long. It suggests shortening it down to 15 years of initial term. The Mongolian side refuses to receive loan with higher interest rate for buying its 34% equity at OT. Many other issues were considered, including tax waive issues, Mineral Law Amendments and etc.
After briefing information, MPs answered some questions.
Q: What is the current reserve of Oyu Tolgoi deposit?
Ts.Bayarsaikhan MP: 32 million tons of copper and 1,200 tons of gold. Reserve size is stable.
G.Zandanshatar MP: When realizing OT deposit, its benefit will come regardless of the production. At first instance 3,500 people will be employed. Over 500 million US$ revenue will come as tax income. Construction material factories will be in production. Mongolia will solve its certain difficulties of its economy. The resource of providing Grant of the Motherland will be established. Prior to all, socially vulnerable parts, including elders, the disabled will benefit. Oyu Tolgoi agreement will be the example of its following agreements.
D.Damba-Ochir MP: Investors are closely observing this agreement. First part will be ready in 2011 and it must operate in its full strength in 2013. The work must start right upon signing the stability agreement. Since OT is three times bigger than Erdenet, we must not be in rush.
D.Baldan-Ochir MP: Erdenet has at least 50 years of reserve. If Erdenet is in production for 80-90 years, then Oyu Tolgoi will be in production 100-200 years.
Ts.Bayarsaikhan: This is the first time that SGK discussed the investment agreement. OT is the world class reserve. I hope that investors will agree with the Government on our comments and conclusions. Mongolia should be one part, political view are not important here. Our mission is to build feasible and economically fruitful agreement.
G.Zandanshatar: We get 70-80% tax from Erdenet including windfall tax. We can receive revenue of 24 billion US$ in next 30 years. Dividend can be received starting from 2024. Over 20 types of taxes, fees and payments will b

[TomCole]

Antwort auf Beitrag Nr.: 37.252.547 von spezialdigger am 26.05.09 13:45:47

Die obige Version ist am Ende leider etwas unvollständig.
Besser ist m.E. (auch wegen hier anklickbarem Link ):

MP G.Zandanshatar: OT dividend will be provided starting from 2024
Written on May 26, 2009 – 10:00 am | by Amarsanaa
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

[TomCole]

Ivanhoe Falls on Concern Election May Delay Mine Pact (Update1)
By Christopher Donville
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=aYgl6Pc5….

Auszüge:
...
Ivanhoe dropped 64 cents, or 9.9 percent, to C$5.85 at 3:59 p.m. in Toronto Stock Exchange trading, the biggest one-day decline since March 13.
...
Ivanhoe has been trying for more than five years to complete an investment agreement with Mongolia to develop Oyu Tolgoi.
...


Mongolian project swings on the political breeze
May 26, 2009
S. http://business.smh.com.au/business/mongolian-project-swings….

Auszug:
...
Analysts have said Elbegdorj's victory could complicate matters for miners, because he has a track record of populist, anti-foreign inclinations.

"If … it's completely confirmed that he's the decisive winner, then I think it does not bode too well for the proceedings over Oyu Tolgoi," Damien Ma of the political risk consultancy Eurasia Group told Reuters.

Rio and Ivanhoe had already slowed work on the project due to the lack of an agreement.
...

[TomCole]

Building railways for gold: Russian Railways to modernise Mongolia's railways in return for mineral deposits
Oleg Mityayev, RIA Novosti economic commentator
Last Updated: 4:47PM BST 26 May 2009
S. http://www.telegraph.co.uk/sponsored/russianow/5387949/Build….


Prime Minister of Russia Vladimir Putin and Prime Minister of Mongolia Sanjaagiin Bayar in Ulan Bator

Auszüge:
...
Russian Railways (RZD) has pledged to modernise and build railways in return for development licences for the Tavan Tolgoi coal deposit and the Oyu Tolgoi gold and copper field in Mongolia.

It has signed an accord with Erdenes MGL, the Mongolian state mining company, and MTZ, the country’s national railway company, to set up a joint venture to build railways to the mineral deposits and develop the fields. The Russian company will hold a 50pc stake in the $7bn venture, while the Mongolian partners will each hold 25pc.
...
Erdenes MGL owns all strategic deposits in Mongolia, including the Oyu Tolgoi (Turquoise Hill) gold and copper project, the Tavan Tolgoi coal deposit, and the Dornod uranium deposit.
...
Oyu Tolgoi (32m tons of copper and 32m ounces of gold) is in the Gobi region, 342 miles south of Ulan Bator and 50 miles north of the Chinese-Mongolian border.
...


Democrats Win Presidential Election
Written by Ch.Sumiyabazar
Tuesday, May 26, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Auszug:
...
Elbegdorj, a two-time former prime minister, had campaigned under a slogan of “Change?” which aims to reform judiciary system of Mongolia and restore justice in the society.

His plan of action targets on major mining projects be approved and let people of Mongolia own a share at those projects for life.
...

[Rolex]

ganz interessant,

Marc Faber - wissen vielleicht die wenigsten, ist aber auch ein Director von Ivanhoe. Geht hier naturlcih nur am Rande auf Chancen der Aktien ein
http://www.youtube.com/watch?v=RKQiPu0v5b4&eurl=http%3A%2F%2…

[TomCole]

Antwort auf Beitrag Nr.: 37.257.846 von Rolex am 26.05.09 21:56:21

Ja, wirklich interessant.

Danke für den ]http://www.youtube.com/watch?v=RKQiPu0v5b4&eurl=http%3A%2F%…

In dem Video beginnt der Teil zu IVN bei ca. 4:29.

Marc Faber meint darin u.a. :
- IVN hat die Oyu Tolgoi-Lagerstätte gefunden / exploriert.
- Ein Kompromiss kann immer gefunden werden, auch zur Investitionsvereinbarung.
- Er tippt, dass der IVN-Kurs
-- auf ca. 15 - 20 CAD steigen kann, wenn eine Investitionsvereinbarung zustande kommt,
-- oder auf ca. 4 CAD fallen kann, wenn eine Investitionsvereinbarung nicht erreicht wird.

[TomCole]

ANALYSIS-After Mongolian election, investors wait for signal
Wed, 27 May 2009 11:03:54 UTC
MONGOLIA/ (ANALYSIS)
S. http://www.forexyard.com/reuters/popup_reuters.php?action=20….

Auszüge:
...
The multi-billion-dollar question for investors now is whether the government will finally reach a deal on the massive Oyu Tolgoi copper and gold project with its potential developers, Ivanhoe Mines and Rio Tinto.

"It's pivotal in the sense that it'll show that the country can move forward with agreements, with regulations, with infrastructure," said Mark Mobius, executive chairman of Templeton Asset Management.

"That would be a benchmark for the country to demonstrate its ability to move ahead and to make decisions and work well with foreign investors," said Mobius, who was visiting the country to explore investment opportunities.

Oyu Tolgoi has turned into a bottleneck for overall investment as the government has trod carefully over an agreement it sees as a template for future mining projects.
...
Unemployment is rising, one major bank has failed and the government has had to turn to international lenders for help in plugging its fiscal shortfall. The International Monetary Fund is providing a $229 million loan.

A multi-billion-dollar mining project could make a big difference to an economy that generated less than $5 billion in gross domestic product last year.

"Right now, without mining taking off, it's going to be very difficult to see how the economy will recover," said Arshad Sayed, the World Bank's country manager for Mongolia.

The economy grew by 8.9 percent in 2008 but growth is expected to slow to 2.7 percent this year, the World Bank says.

A start to Oyu Tolgoi or Tavan Tolgoi, a major coal deposit in the Gobi Desert, would help stimulate other industries from construction to transport and catering, said Sayed.
...
However, Sayed said the government was aware that the two major projects were important not only in and of themselves but as a way to signal to investors that Mongolia, wedged between China and Russia, remained a good place to do business.

"I do think the differences have narrowed and that we are close to what would be a good deal on the table," he said.

With the presidential election over, that should be one less distraction from finalising the major agreements.

"I don't think we will have to wait much longer to see a major breakthrough," said John Finigan, chief executive of Golomt Bank.
...


MONGOLIA'S POPULATION BECOMES 2 MILLION AND 700 THOUSAND
2009-05-26 20:20:23
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Ulaanbaatar, /MONTSAME/ On Monday by 6 p.m., a the population of Mongolia reached 2 million and 700 thousand people. At that time, 16 babies were born nationwide.

A ceremony took place Monday in the National Statistical Committee to grant a "2 million and 700th person" certificate to these children' parents.

Mongolia's population reached 2 million in the year 1988.

B.Khuder
15.37


Zum Vergleich:
Bevölkerung (Stand: 31.12.2007):
Brandenburg: 2.535.737
Schleswig-Holstein: 2.837.373
Quelle: http://www.statistik-portal.de/Statistik-Portal/de_jb01_jahr…

[TomCole]

Antwort auf Beitrag Nr.: 37.262.132 von TomCole am 27.05.09 14:15:07

Hier die Mineweb-Version:

MULTI-BILLION DOLLAR QUESTION
Mining investors await Mongolian signal - will Oyu Tolgoi move forward quickly?
Many see a quick approval of the massive Oyu Tolgoi copper/gold mining project as key to Mongolia's economic future and await the new President's decision with bated breath.
Posted: Wednesday , 27 May 2009
ULAN BATOR (Reuters) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=83….

[spezialdigger]

Antwort auf Beitrag Nr.: 37.264.419 von TomCole am 27.05.09 17:24:00

Nun seht euch das mal an...der kurs wird künstlich gedrückt? was hat das zu bedeuten?


BUYINS.NET: Market Maker Surveillance Report. Top 6 Abnormal Price Friction Stocks For May 26, 2009
Wed. May 27, 2009; Posted: 10:46 AM
Stocks RSS
Are you looking to increase your ETF knowledge?
May 27, 2009 (M2 PRESSWIRE via COMTEX) -- SSRI | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for May 26, 2009. Since late October market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This "fair market making" requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 3,326 companies with "abnormal" market making, 4,458 companies with positive Friction Factors and 1,502 companies with negative Friction Factors. Here is a list of the top 6 companies with the Abnormal Price Friction (unfair market) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped. First Solar (NASDAQ: FSLR), OpenTable (NASDAQ: OPEN), Redwood Trust (NYSE: RWT), Silver Standard Resources (NASDAQ: SSRI), Ivanhoe Mines (NYSE: IVN | Quote | Chart | News | PowerRating) and PartnerRe (NYSE: PRE). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net.

Market Maker Friction Factor is shown in the chart below:

Symbol Change % BuyVol Buy% SellVol Sell% NetVol Friction

FSLR -$13.19 -6.88% 7,904,242 129.22% 3,006,435 49.15% 4,897,807 abnormal

OPEN -$1.99 -6.93% 216,213 49.29% 214,494 48.90% 1,719 abnormal

RWT -$1.03 -6.48% 872,381 45.27% 685,644 35.58% 186,737 abnormal

SSRI -$0.85 -3.91% 643,818 54.43% 530,602 44.86% 113,216 abnormal

IVN -$0.57 -9.78% 1,358,869 52.44% 900,333 34.75% 458,536 abnormal

PRE -$0.52 -0.79% 378,203 43.55% 286,930 33.04% 91,273 abnormal

Click here to view chart: http://www.buyins.com/ff/ffabnl5-26-09.jpg

Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above had more buying than selling on Tuesday and their stock prices dropped. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.

For example, the chart above shows FSLR with 4,897,807 greater shares of buying than selling (NetVol) and the stock price was down -$13.19. This means the Market Makers were trading the stock in a way inconsistent with normal supply and demand (Economics 101); more buying than selling should cause prices to rise.

First Solar, Inc. (NASDAQ: FSLR | Quote | Chart | News | PowerRating) engages in the design, manufacture, and sale of solar electric power modules using a proprietary thin film semiconductor technology. The company's solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators, and operators of renewable energy projects in the United States and Europe. First Solar also focuses on designing and deploying commercial solar projects for utilities in the United States. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

OpenTable, Inc. (NASDAQ: OPEN), together with its subsidiaries, provides restaurant reservation solutions. It offers solutions that form an online network connecting reservation-taking restaurants and people who dine at those restaurants. The company provides electronic reservation book (ERB), an integrated software and hardware solution that computerizes restaurant host-stand operations. The ERB processes for restaurants, including reservation management, table management, guest recognition, and email marketing. It also operates opentable.com, a restaurant reservation Website that enables diners to find, choose, and book tables at restaurants on the OpenTable network in real time. OpenTable, Inc. operates in the United States, Canada, Mexico, Europe, and Asia. The company, formerly known as OpenTable.com, Inc., was founded in 1998 and is headquartered in San Francisco, California.

Redwood Trust, Inc. (NYSE: RWT), a financial institution, together with its subsidiaries, engages in investing in, financing, and managing residential and commercial real estate loans and securities. It also sponsors securitization entities, which issue asset-backed securities, as well as purchases credit-sensitive securities with a shorter duration. For federal income tax purposes, the company is structured as a real estate investment trust (REIT). As a REIT, it would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its shareholders. Redwood Trust, Inc. was founded in 1994 and is based in Mill Valley, California.

Silver Standard Resources Inc. (NASDAQ: SSRI | Quote | Chart | News | PowerRating) engages in the acquisition, exploration, and development of mineral resource properties, primarily silver, gold, copper, lead, and zinc in Argentina, Australia, Canada, Chile, Mexico, Peru, and the United States. The company's principal projects include the Pirquitas project in the Province of Jujuy, Argentina; San Luis project in central Peru; Pitarrilla Project in Durango State, Mexico; Snowfield project in northwest British Columbia, Canada; and Diablillos project in Salta Province, Argentina. It has a strategic alliance with Minco Silver Corporation to pursue silver opportunities in China. The company was formerly known as Consolidated Silver Standard Mines Limited and changed its name to Silver Standard Resources Inc. in 1990. The company was founded in 1946 and is headquartered in Vancouver, Canada.

Ivanhoe Mines Ltd. (NYSE: IVN), through its subsidiaries, operates as a mineral exploration and development company. Its principal mineral resource property is the Oyu Tolgoi copper and gold project in Mongolia. The company also holds interests in various mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi coal mine in Mongolia; the Cloncurry project for the exploration and development of copper, gold, and uranium in Queensland, Australia; and the Bakyrchik gold project in Kazakhstan. It has a joint venture agreement with Omico Corp. to explore and develop a gold and copper project in the northern Philippines. The company was formerly known as Indochina Goldfields Ltd. and changed its name to Ivanhoe Mines Ltd. in June 1999. Ivanhoe Mines Ltd. was founded in 1994 and is headquartered in Vancouver, Canada.

PartnerRe Ltd. (NYSE: PRE), through its subsidiaries, provides reinsurance solutions worldwide. It offers property reinsurance coverage to insurers for property damage or business interruption losses resulting from fires, catastrophes, and other perils covered in industrial and commercial property, and homeowners' policies; and casualty reinsurance products, which include third party liability, employers' liability, workers' compensation, and personal accident coverage. The company also provides motor reinsurance coverage for third party liability and property damage risks arising from passenger and commercial fleet automobile coverage written by cedants; reinsurance protection for airline, general aviation, and space insurance business; property catastrophe reinsurance protection against the accumulation of losses caused by windstorm, earthquake, and flood or by any other natural hazard; and credit and surety reinsurance coverage to commercial credit insurers, bonds, and other forms of security. In addition, it provides reinsurance coverage for engineering, onshore oil and gas, mining, power generation, and pharmaceutical operations; reinsurance protection and technical services relating to marine hull, cargo, transit, and offshore oil and gas operations; and coverage against agricultural yield and price/revenue risks related to flood, drought, and hail, as well as diseases related to crops, livestock, and aquaculture. Further, the company offers reinsurance protection for non-U.S. property and casualty business, as well as reinsurance coverage to primary life insurers and pension funds with respect to individual and group life and health risks. Additionally, it provides alternative risk products that include weather and credit protection to financial, industrial, and service companies. The company offers its services directly, as well as through brokers. PartnerRe Ltd. was founded in 1993 and is based in Pembroke, Bermuda.

About BUYINS.NET

WWW.BUYINS.NET is a service designed to help bonafide shareholders of publicly traded US companies fight naked short selling. Naked short selling is the illegal act of short selling a stock when no affirmative determination has been made to locate shares of the stock to hypothecate in connection with the short sale. Buyins.net has built a proprietary database that uses Threshold list feeds from NASDAQ, AMEX and NYSE to generate detailed and useful information to combat the naked short selling problem. For the first time, actual trade by trade data is available to the public that shows the attempted size, actual size, price and average value of short sales in stocks that have been shorted and naked shorted. This information is valuable in determining the precise point at which short sellers go out-of-the-money and start losing on their short and naked short trades.

BUYINS.NET has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger for each stock that has been shorted. The SqueezeTrigger database of nearly 2,550,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like Buyins.net to access the data.

The SqueezeTrigger database collects individual short trade data on over 7,000 NYSE, AMEX and NASDAQ stocks and general short trade data on nearly 8,000 OTCBB and PINKSHEET stocks. Each month the database grows by approximately 50,000,000 short sale transactions and provides investors with the knowledge necessary to time when to buy and sell stocks with outstanding short positions. By tracking the size and price of each month's short transactions, BUYINS.NET provides institutions, traders, analysts, journalists and individual investors the exact price point where short sellers start losing money and a short squeeze can begin.

All material herein was prepared by BUYINS.NET, based upon information believed to be reliable. The information contained herein is not guaranteed by BUYINS.NET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. None of the companies in this report have paid to be included in this report. From time to time we will mention a company that may have previously paid $995 per month for market data purchased from BUYINS.NET. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BUYINS.NET is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. BUYINS.NET will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

BUYINS.NET, FRICTION FACTOR and SQUEEZETRIGGER are intended for use by stock market professionals. As a member, visitor, or user of any kind, you accept full responsibilities for your investment and trading actions. The contents of BUYINS.NET, including but not limited to all implied or expressed views, opinions, teachings, data, graphs, opinions, or otherwise are not predictions, warranty, or endorsements of any kind. Please seek stock market advice from the proper securities professional, or investment advisor.

By visiting BUYINS.NET or using any data or services, you agree to assume full responsibility for the decisions or actions that you undertake. BUYINS.NET, LLC, its owner(s), operators, employees, partners, affiliates, advertisers, information providers and any other associated person or entity, shall under no circumstances be held liable to the user and/or any third party for loss or damages of any kind, including but not limited to trading losses, lost trading opportunity, direct, indirect, consequential, special, incidental, or punitive damages. As a user, you agree that any damages collected shall not exceed the amount paid to BUYINS.NET and/or its owners. As a website user, you agree that any and all legal matters of any kind are to be reviewed and handled in their entirety within the State of California only. By using the services of this website, you are consenting to the terms as outlined, and forfeit all legal jurisdictions in any other State.

Past performance is not a guarantee of future outcomes. Any and all examples are hypothetical and should not be considered a guarantee or endorsement of such trading activity. BUYINS.NET does not take responsibility for problems of any kind, including but not limited to issues with operations, data accuracy or completeness, contacting issues, technical issues, and timeliness. BUYINS.NET places great integrity on the data collected and distributed. This information is deemed reliable, but not guaranteed. All information and data is provided "as is" without warranty or guarantee of any kind.

Please seek investment and/or trading advice, council, information or services from a securities professional. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and BUYINS.NET undertakes no obligation to update such statements.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the SEC.

CONTACT: Thomas Ronk, CEO, BUYINS.NET Tel: [phone] e-mail: [e-mail] WWW: http://www.buyins.net

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].
For full details on First Solar Inc (FSLR) click here. First Solar Inc (FSLR) has Short Term PowerRatings of 8. Details on First Solar Inc (FSLR) Short Term PowerRatings is available at This Link.




More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [FSLR]

1. First Solar Set Nearly Eight-Month High Wednesday

2. Local construction management firm thriving: 3 projects counter recession

3. Vanguard Energy Partners Helps Morristown, NJ, Launch Its First Solar Energy Project

4. WallStSense.com Free Research Report for Shareholders of FSLR, FFIV, ENTG and ACLS

5. Wall Street News Alert: ADVE, Thursday's Stock to Watch! May 21, 2009

More News >>

PREMIER SPONSORED LINKS
TRADE CENTER

[TomCole]

Antwort auf Beitrag Nr.: 37.266.097 von spezialdigger am 27.05.09 20:00:29

was hat das zu bedeuten?

Ich habe leider keine Erfahrung mit buyins.net "Market Maker Friction Factor".

Der Befund für IVN am 26.05.2009 war ja u.a. "Abnormal Price Friction (unfair market) in their stock prices. This means that there was more buying than selling in the stocks and their stock prices dropped."

Kann dies nicht einfach der Effekt einer Ausnahmesituation sein, in welcher außergewöhnlich viele den Wert fluchtartig verlassen wollten?

Das müsste sich m.E. inzwischen aber gegeben haben.

Auf jeden Fall würde es sich m.E. lohnen, diesen Friction Factor weiter im Auge zu behalten.

[TomCole]

Nachträge:

IVANHOE MINES SHARES TAKE HIT ON MONGOLIAN LEADERSHIP CHANGE
2009-05-28 18:00:46
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….


Ivanhoe Mines shares take hit on Mongolian leadership change
Bloomberg News Published: Tuesday, May 26, 2009
S. http://www.financialpost.com/news-sectors/trading-desk/minin….

Auszüge:


Luke Distelhorst/Reuters
Mongolian workers are seen at 551 meters below the surface of the earth while sinking an exploration shaft at the Oyu Tolgoi copper-gold project in southern Mongolia's Khanbogd soum. Ivanhoe has been ...
...
"Will the new president backslide on pending deals? That's the concern," said Paradigm Capital mining analyst David Davidson.


WORLD NEWS FROM GLOBALPOST
WED, MAY 27 2009 8:32 AM
Mongolia's Obama moment
By Mitch Moxley, special to Global Post
S. http://www.minnpost.com/globalpost/2009/05/27/9080/mongolias….

Auszüge:
...
Truth be told, Elbegdorj is hardly the face of change. He's a two-time former prime minister and has been a prominent figure in Mongolian politics since 1990, when he helped lead a peaceful revolution that ended 70 years of communist rule. But in a country with a serious lack of faith in government and the electoral process, the biggest winner of this year's presidential election was perhaps democracy itself.
...
Now the hard work begins. Mongolia — with an economy that relies heavily on resources such as copper, coal and gold — has been hit hard by the global financial crisis and plummeting mineral prices. One-third of Mongolians live under the poverty line and unemployment is on the rise.

Elbegdorj's victory could complicate a crucial $3 billion investment agreement involving the Oyu Tolgoi project, one of the world's largest copper and gold reserves set to be developed by Ivanhoe Mines of Canada and Rio Tinto of Australia. The long-delayed agreement will likely be the blueprint for future mining projects in the resource-rich country. Elbegdorj, a populist, has promised to negotiate a better deal for the Mongolian people.
...

[TomCole]

Antwort auf Beitrag Nr.: 37.268.343 von TomCole am 28.05.09 03:16:43

was hat das zu bedeuten?

Liegt da
seit Di., dem 26.05.2009,
für den buyins.net "unfair market" gemeldet hatte,
an der TSX ein Eisblock bei ca. 6.0 CAD?

[TomCole]

Antwort auf Beitrag Nr.: 37.273.870 von TomCole am 28.05.09 16:45:43

Quelle (Time frame: 10 days!): http://cxa.marketwatch.com/TSX/en/Market/intchart.aspx?symb=…

[spezialdigger]

Antwort auf Beitrag Nr.: 37.273.961 von TomCole am 28.05.09 16:51:34

Ich weiß ja nicht was an manipulation so Möglich ist,aber angesichts der Ümsätze könnte der Verdacht aufkommen das sich jemand günstig Tag für Tag eindeckt.
Weiß jemand eine andere Erklärung die plausibel wäre?

[TomCole]

BCM NewsAlert: NEW RUSSIA-MONGOLIA JOINT VENTURE HAS NOTHING TO DO WITH OWNING MINING RESOURCES
Friday, 29 May 2009 07:02
S. http://www.mongolia-web.com/mining/2473-bcm-newsalert-new-ru….

A mistaken impression has been created that the proposed joint railroad venture between state-owned Russian and Mongolian companies will own the licenses of the copper and gold deposits inOyu Tolgoi and of coal deposit in Tavan Tolgoi. The fact is that the company will work to develop infrastructure in the deposits areas, besides taking up large railroad projects. The erroneous perception of the nature and intent of the agreement can be traced to how it was reported in the Russia media and to the absence of any clarification from the Mongolian side. Two railroads will be built. One will connect Sainshand station with the deposits in Oyu Tolgoi and Tavan Togloi. The Mongolian partner in this project is the state-owned Erdenes Mongolia which, incidentally, owns licenses on strategic and other deposits. Another railroad, where the Mongolian partner is Energy Resources, will be built to connect the Oyu Tolgoi and Tavan Tolgoi areas with Gashuun Sukhait port and Gants Khudag of China.

Asked categorically if the joint venture in the railroad sector will own the licenses of the mineral deposits, as suggested in Russian media and repeated in some Western media, Mr. L.Enebish, Executive Director of Erdenes Mongolia, said, “I say with full responsibility that there is no such possibility.”

Source: Ardiin Erkh

[TomCole]

Antwort auf Beitrag Nr.: 37.279.070 von TomCole am 29.05.09 10:05:58

... erroneous perception of the nature and intent of the agreement ...
Beispielsweise in:

Eurasia Daily Monitor, The Jamestown Foundation — May 27, 2009 — Volume 6, Issue 101
MAY 27, 2009,
Kapitel "Russia Promotes Joint Ventures with Mongolia"
Sergei Blagov
S. http://georgiandaily.com/index.php?option=com_content&task=v….

[dibo8]

http://www.northernminer.com/video/may29.asp

[TomCole]

Antwort auf Beitrag Nr.: 37.300.473 von dibo8 am 02.06.09 10:55:46

Von 1:14 bis 3:09 stellt Anthony Vaccaro von TNM TV dem neuen Präsidenten Tsakhiagiin Elbegdorj insgesamt ein gutes Zeugnis aus. Zwei Mal sei dieser schon Premierminister gewesen und habe der Gruppe angehört, die 1998 das investorenfreundliche Bergbaugesetz geschaffen hat. "So that he is a man who knows what it takes to get business up and running in the country" meint Vaccaro.

[TomCole]

The Oyu Tolgoi Investment Agreement:
Why It Works for Mongolia
A Report by World Growth International
April 2009
S. http://www.worldgrowth.org/assets/file/OT%20Investment%20Agr….

Auszug von der letzten Seite (Nr. 20):
...
About World Growth Mongolia
World Growth Mongolia is a non-profit, non-governmental organization established to promote sound policies to address Mongolia’s economic challenges. At World Growth Mongolia, we embrace and celebrate the new age of globalization and the power of free trade to eradicate poverty, improve living conditions, and create new jobs and opportunities for the People of Mongolia. We strongly believe in the need to promote our five core principles: Economic Freedom; Good Governance; Rule and Stability of Law; Property Rights; and Environmental Interdependence.
...
(Vergl. z.B.
http://www.worldgrowth.org/ und
http://www.worldgrowth.org/mongolia/)

[TomCole]

Mineral Law of Mongolia would be amended
Written on June 2, 2009 – 8:56 pm | by Amarsanaa
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

Auszug:
...
Current effective Mineral Law of Mongolia has many advantages than its previous version which was adopted in 1997, but lawmakers think that its some provisions might conflict with the Constitution of Mongolia and other laws with its ownership issue of the mineral.
...





SPEAKER MAKES BRIEFING
2009-06-02 15:45:37
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszug:
...
Parliament Speaker D.Demberel made a briefing for journalists.

He said the inauguration of Ts.Elbegdorj as the fourth President of Mongolia is planned to take place on June 18. However, this date is fixed in a preliminary manner.
...
Ya.Indra



Final Results by General Election Committee
News - Government
Monday, 25 May 2009 22:27
S. http://www.mongolia-web.com/government/2462-final-results-of….

The General Election Committee finalized the Presidential Election result today at 6 pm.

This time, in the Election 1.7 million people or 73.52 percent of overall voters participated.

Accordingly, Ts.Elbegdorj from Democratic Party wins by 51.24 percent and N.Enhbayar from MPRP takes 47.44 percent.

For aimags, N.Enhbayar has 50.31 percent, Ts.Elbegdorj has 48.28 percent. For capital Ts.Elbegdorj has 55.59 percent and N.Enhbayar has 43.21 percent.

Written by :
admin

[TomCole]

PM S.Bayar: Lets hunt the bear first and then share the skin
Written on June 3, 2009 – 12:01 am | by Amarsanaa
S. http://www.business-mongolia.com/mongolia-government/pm-sbay….

Auszug:
...
The Standing Committee on Economy made comments and conclusions on OT investment agreement, it was just translated few days ago and handed to our investing side. There wasn’t official negotiation started, but I heard some unofficial comments saying that this comment and conclusion of the Committee leave almost no business and economical opportunity.
...

[TomCole]

Next year likely to be worse, Finance Minister tells angry MPs
Mi, 3 Jun 2009 18:02:00
S. http://en.news.mn/news/2754.

Auszüge:
...
Many MPs asked the Finance Minister about the fate of the Motherland Treasure promised to citizens in last year’s parliamentary election. There is no reference to this in the draft budget for 2010.
...
Finance Minister S.Bayartsogt said the payment of the Motherland Treasure is not yet a legal imperative and there is no identifiable source for the funds needed to make the payment. Work on strategic mining deposits is yet to begin, so the revenue situation is not what was expected. If the situation changes, “we could review the whole issue,” he said. But he also made it clear that he feared next year’s economic indicators to be even worse and it might become very difficult to continue paying even the present social welfare allowances.



MPs resent delay in paying motherland allowance
Di, 2 Jun 2009 19:59:41
S. http://en.news.mn/news/2752.

Auszüge:
...
Since mining work on strategic deposits has not yet begun, there is no money to give the motherland allowance any time soon. The issue will be discussed at the autumn session of Parliament.
...
Prime Minister S.Bayar called upon MPs to approach the financial situation with more seriousness now that the election is over.



PRESIDENT-ELECTED TO TAKE OATH
2009-06-04 15:07:42
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Auszug:
...
According to him, MPRP candidate N.Enkhbayar who is current President of Mongolia won 47.41 percent of the total votes and DP candidate Ts.Elbegdorj won 51.21 percent of votes.

Parliament also approved the date of the presidential inauguration that will be held at 12.06 p.m. on June 18, 2008.

According to the head of the DP faction at Parliament Ch.Saikhanbileg, the ceremony will be staged on the central square in front of the monument to Chinggis Khaan.

Ya.Indra



Boroo Gold Working Group Appointed by Mongolian Parliament
News - Mining
Wednesday, 03 June 2009 23:45
S. http://www.mongolia-web.com/mining/2493--boroo-gold-working-….

Auszug:
...
Spreading the Wealth

In the US presidential election it might have been used as a kind of curse by McCain to address Obama "socialist" tendencies. During the Presidential Election in Mongolia, the concept "Eh ornii hishig" which basically means to spread the country's wealth to all was actually one of the key promises. Regarding this matter, MPRP and Democratic Party have appointed a mutual Working Group. The Group includes both Party representatives. From MPRP, G.Zandanshatar, D.Oyunhorol, Ch.Hurelbaatar and from Democratic Party, E.Bat-Uul, D.Odhuu. During the Group meeting, many questions were raised to implement the project, such as how to share 1.5 million tugrug for people. Therefore, MPRP has appointed internal Working Group on the matter.

Written by :
admin

[TomCole]

IVN im Stockhouse Bullboard:
S. http://www.stockhouse.com/Bullboards/SymbolThreadList.aspx?s….


Ivanhoe's Burma stakes to be sold to Chinese firm
by Moe Thu
Wednesday, 03 June 2009 11:51
S. http://www.mizzima.com/news/inside-burma/2239-ivanhoes-burma….

[TomCole]

M.E. haben wir nun einen erheblichen IVN-Abverkauf hinter uns.

Vergl.

1) TSX-Umsätze
Date Close Volume
6/3/2009 5.890 680,100
6/2/2009 5.900 3,536,300
6/1/2009 5.860 2,908,700
5/29/2009 5.900 1,905,200
5/28/2009 5.990 1,163,400
5/27/2009 5.820 596,700
5/26/2009 5.930 1,150,700
5/25/2009 5.850 1,348,400
(Quelle: http://cxa.marketwatch.com/TSX/en/Market/pricehistory.aspx?s…)

und
2) Posting in Stockhouse:
High Volume
BigLeague
6/1/2009 6:04:28 PM
Post #27184054
No news, and no action overseas during our market hours, yet a steady flow of sells throughout the day. Maybe a large player jumped ship today...a MF looking to clean up the names in their top holdings? Provided some nice inventory on the buy side at least.
(S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp…)


Anmerkung:
Ich habe leider keinen Einblick in das TSX-Orderbuch und kann daher nicht selber beurteilen, ob es sich bei den o.g. Umsätzen vorwiegend um Käufe oder um Verkäufe gehandelt hat.

[TomCole]

PROPOSED AMENDMENT TO THE THE MINERALS LAW OF MONGOLIA
Written on June 5, 2009 – 3:39 pm | by Amarsanaa
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

MONGOLIAN LAW (Draft)

Date Ulaanbaatar

AMENDMENT TO THE THE MINERALS LAW OF MONGOLIA

1. With reference to Minerals Law of Mongolia, Article 5. Ownership of minerals, Clause 5.4, which states “The State may participate up to 50% jointly with a private legal person in the exploitation of a mineral deposit of strategic importance where State funded exploration was used to determine proven reserves. The percentage of the State share shall be determined by an agreement on exploitation of the deposit considering the amount of investment made by the State” to be amended as “Strategic mineral deposits where State funded exploration was used to determine proven reserves shall be deemed 100% property of the State. In the instance of a joint development of the strategic mineral deposit with a private legal person, the State may participate up to 50% jointly, and State will utilise transparent means to develop the mineral deposit.

In the instance where the financial source is lacking, risky or is deemed unnecessary, the private legal person, whether national or foreign, having any percentage of the shares shall be liable to taxation from the period when the mine goes into operation, taking into consideration national economic security and based on feasibility study to determine the amount of financing necessary, and through open tender process.”

5.4.1 “With reference to Clause 5.4, the tender threshold amount will be based on feasibility study that takes into consideration proven reserves, the current market value of the reserves and the amount of financing that is deemed necessary. The amount of financing required shall be determined through confirmation of an independent auditing organisation”.

5.4.2. “With reference to the development of mineral deposit, the investment agreement shall be made between the State and a private legal person.”

2. With reference to Article 5, Clause 5.5, “The State may own up to 34% of the share of the investment made by a license holder in a mineral deposit of strategic importance where proven reserves were determined through funding sources other than the State budget. The percentage of the State share shall be determined by an agreement on exploitation of the deposit considering the amount of investment made by the State” to be mended as “ гэснийг “The State, as owner of the property, may own up to 34% or wholly own the share of the investment made by a license holder in a mineral deposit of strategic importance where proven reserves were determined through funding sources other than the State budget. The percentage of the State share shall be determined by an agreement on exploitation of the deposit considering the type of minerals, proven reserves, the current market value of the reserves and the amount of financing that is deemed necessary. The process and outcome of the investment agreement shall be made made transparent to the public.”

5.5.1 “With reference to Clause 5.5, in case of disputes between the State and private legal person, and if it causes harm to the national economy, and in the case that the agreement cannot be continued further, the State as owner of the property, in connection with international standards will adhere privilege to tax paying license holder, based on feasibility study, national security and amount of financing requred to develop the mineral deposit, through open and competitive tender procedure to local or foreign investors. Percentage of ownership can be determined based on amount of risk taken in discovering reserves, total costs incurred and whether it is in their interests of the parties. The agreement negotiation proces and the outcome shall be tansparent to the public. Determining of exploration risk and the amount of expenses incurred in exploration will be in accordance with Article 33.2 and 3.3 of this law and will be liable to auditing by an external organisation.

5.5.2 “With reference to the percentage indicated in Artile 5.5, in the instance where the financial source is lacking, risky or is deemed unnecessary, the private legal person, whether national or foreign, having any percentage of the shares shall be liable to taxation from the period when the mine goes into operation, taking into consideration national economic security and based on feasibility study to determine the amount of financing necessary, and through open tender process”.

5.5.3 With reference to Clause 5.5.1 and 5.5.2, the tender threshold amount will be based on feasibility study that takes into consideration proven reserves, the current market value of the reserves and the amount of financing that is deemed necessary. The amount of financing required shall be determined through confirmation of an independent auditing organisation”.

5.5.4 “With reference to the development of mineral deposit, the investment agreement shall be made between the State and a private legal person.”

3. Clause 5.6, which states “A legal person holding a mining license for a mineral deposit of strategic importance shall trade less than 10% of its shares on the Mongolian Stock Exchange” to be changed to Clause 5.6.1 “ “ In accordance with Article 2.2, the State and the Mongolian government shall not support exploration and mining licences holders of strategic deposits to raise financing through trading shares on the international stock exchange before the investment agreement is finalised. If the license holder does not abide by the law, the State shall not be responsible for any loses incurred. However, the investing company registered in Mongolia may raise financing through the international stock exchange after the investment agreement is in place. The financing raised and profit allocation is to be set in acordance with related Mongolian laws.

4. In reference to Article 29. Investment Agreement, Clause 29.1.10 is to be added as “If the State initiates value added production from transferring produce of mining exporters from semi-finished to finished products, the State will receive top priority to purchase the semi-finished produce based on current market value. The State may render support to finished mineral produce makers to maintain competitiveness on the international market.

5. In Article “29.3……… the terms of the agreement shall be 30 years and the investment agreement to be made in accordance with Article 29.1”. to be amended as “29.3. ……… the terms of the agreement shall be up to 30 years and the investment agreement to be made in accordance with Article 29.1”.

6. This law shall be applicable from 2009 … month … day onwards.

SIGNED



PROPOSED AMENDMENT TO MINERALS LAW OF MONGOLIA
2009-06-05 17:58:32 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszug:
Ulaanbaatar. /MONTSAME/. A bill to amend the Law of Mineral Resources was recently submitted to parliament. The following is the proposed amendment to the bill that is placed in the wedsite <<www.business-mongolia.com>>.
...
[s.o.!]

[TomCole]

SGK approves Ts.Elbegdorj as the President of Mongolia
Written on June 5, 2009 – 5:53 pm | by Amarsanaa
S. http://www.business-mongolia.com/state-affairs/sgk-approves-….

Today, SGK discussed the issue of the new president’s approval and its oath taking date. MPs attending to the general session approved Mr.Elbegdorj as the President of Mongolia by 100% votes. Therefore, he is entitled as the President of Mongolia starting from this day. The oath taking ceremony will take place on June 18 2009.



President to take oath on June 18 at 12:06
Fr, 5 Jun 2009 17:44:41
S. http://en.news.mn/news/2780.

President-elect Ts.Elbegdorj will be sworn in at12:06 pm on June 18. The time has no astrological auspiciousness but has been chosen as the Democratic Parry was first established on December 6, or 12.06, in 2000. Its telephone number is also 1206.

In a break from tradition, the new President will make his first speech to the general people, from before the statue of Chinggis Khaan in Sukhbaatar Square. So far a new President first addressed Parliament members.



President-elect of Mongolia Ts.Elbegdorj Takes Oath Soon
Written by Administrator
Friday, June 05, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Auszüge:


...
Elbegdorj campaigned on promises to fight corruption and to spread the profits of Mongolia’s mineral wealth more widely.

To achieve the second aim, he planned to tighten rules for contracts under which foreign mining firms operate.
...
Although the prime minister and parliament exercise real political power, the president heads the armed forces and has the power of veto in parliament. Frequent changes of government have enhanced the role of the presidency.
...



Election Committee Submitted Final Election Results to Parliament
Written by Administrator
Friday, June 05, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

On May 29, the General Election Committee submitted results of the presidential election to the speaker of Parliament D.Demberel and requested the Parliament to adopt a law on full power of the President elect of Mongolia Ts.Elbegdorj.

Overall, Ts.Elbegdorj (DP) took 51.21 percent of the votes, while his opponent N.Enkhbayar (MPRP) took 47.41 percent of the votes. By region, 48.24 percent of rural voters voted for Ts.Elbegdorj, while 50.25 percent of rural voters voted for N.Enkhbayar. But in the capital city, including its satellite district towns of Baganuur and Nalaikh, 55.59 percent of the urban voters voted for Ts.Elbegdorj while 43.21 percent of the urban voters voted for N.Enkhbayar.

In total, 1.1 million voters out of 1.5 million eligible voters cast their votes on voting day May 24. Voters’ turnout was 73.59 percent making the election results valid enough.

[TomCole]

Elbegdorj’s priority is to reassure foreign investors
Fr, 5 Jun 2009 17:43:29
S. http://en.news.mn/news/2779.

Auszug:
...
Asked if the real reasons behind MPs’ refusal to approve the draft investment agreement for Oyu Tolgoi were corruption and disagreement between groups, and not their concern for national interests, Sukhbaatar said he also felt that way, but foreign investors prefer to blame the opposition for the delay. He said Elbegdorj will put an end to the present practice of groups with their own political and economic interests pulling strings through the working group.
...



Mongolian Banking, Cashmere and Mining Sector Offer Potential Investment Opportunities, Mobius Says
Written by Dale Choi
Friday, June 05, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Auszug:
...
But the government needs to improve the regulatory environment for foreign investors by settling on the mining law and other enforcement rules, said Mobius, executive chairman of Templeton Asset Management. The delay in reaching a deal on the US$3 billion Oyu Tolgoi copper-gold project, set to be developed by Ivanhoe Mines Ltd IVN.TO and Rio Tinto, represents the uncertainty facing investors in other sectors as well, Mobius told.

“They have to have a basic foreign investment structure in place so that agreements can be made and be honored without having to go back to the authorities. It’s not rocket science,”
...



Central Asia
Jun 5, 2009
Russia boosts Mongolia ties
By Sergei Blagov
S. http://www.atimes.com/atimes/Central_Asia/KF05Ag01.html.

[TomCole]

Spring session of the State Great Khural
Written on June 6, 2009 – 11:14 am | by Amarsanaa
S. http://www.business-mongolia.com/mongolia-government/spring-….

Spring session of the State Great Khural would be officially closed on July 1 2009. There are few important issues to discuss and resolve before it, including amendment in Law on the Management and Funding of the State Organizations, Oyu Tolgoi draft agreement, Draft resolution on the State Policy on radioactive minerals and nuclear energy and the draft law on establishing agricultural area zone.



BCM Mongolia NewsWire: Loans to Miners; "Next Year Worse"; No Money for Erdenes Mongolia
News - Economy
Friday, 05 June 2009 19:12
S. http://www.mongolia-web.com/economy/2504-bcm-mongolia-newswi….

Auszüge:
...


BCM Mongolia NewsWire Highlights
...
...
GOVERNMENT HAS STOPPED GIVING MONEY TO ERDENES MGL, SAYS ENEBISH
...
He revealed that the company has not received any money this year from the Government. The delay in signing the Oyu Tolgoi investment agreement has created this uncertain situation. Once work begins there, the dividends will be used to run Erdenes MGL.
...
Commenting on reports in the Russian financial daily Kommersant that Russians will explore Oyu Tolgoi and Tavan Tolgoi, Mr. Enebish said the license of the former is held by Ivanhoe Mines Mongolia Inc.
...
...
NEXT YEAR LIKELY TO BE WORSE, WARNS FINANCE MINISTER

Finance Minister S.Bayartsogt has told MPs that with mining work on strategic deposits yet to begin, there is no money to give the motherland allowance any time soon. He also made it clear that next year’s economic indicators are likely to be even worse and it might become difficult to continue paying even the present social welfare allowances.
...
MPs had warned that a delay in paying the allowance would erode voters’ faith in Parliament. Mr. Bayartsogt said election pledges had no legal sanction and there is no identifiable source for the funds needed to make the payment. Work on strategic mining deposits has not yet started, so the revenue situation is not what was expected. If the situation changes, “we could review the whole issue,” he said.
...

[TomCole]

Antwort auf Beitrag Nr.: 37.335.176 von TomCole am 06.06.09 12:33:42

Nachtrag eines m.E. in vieler Hinsicht interessanten Artikels (vergl. auch Posting #208 von dibo8):

The Northern Miner, Monday, June 01, 2009
News
Mongolian Election Causes Market Jitters
By Anthony Vaccaro
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….

Auszug
mit Bezug zum o.g. baldigen offiziellen Schluss der Frühjahrssitzungsperiode des Parlamentes ("Spring session of the State Great Khural") am 1. Juli 2009:
...
As it stands, the investment agreement has been reviewed by parliament and all other interested parties, such as unions and NGOs.

Recommendations from the review process have been relayed to Ivanhoe and Rio Tinto, and they will offer responses that will then be put to a vote in parliament.

For Macken's prediction to come to fruition, such a vote would have to take place before parliament breaks for a national holiday in the second week of July. It is not scheduled to reconvene until October after that point.
...

[TomCole]

Mongolia stands on the 102nd place
Friday, 05 June 2009
S. http://www.miningmongolia.mn/en/index.php?option=com_content….

A “Transparency International” Institute is an international organization that reports corruption and red tape rate of public sectors world countries.

A “Corruption Perception Index” of 2008 included 180 countries. According to 2008 index Denmark, New Zeeland and Singapore were named as the least corrupted countries while African Somali, Iraq, Myanmar and Haiti had the lowest points.

Mongolia stood on the 102nd place with 3.0 points before Rwanda and after Lebanon.



Mongolian mining investment competitiveness index has been developed
Friday, 05 June 2009
S. http://www.miningmongolia.mn/en/index.php?option=com_content….

Auszug:
...
For 2008, Mongolian mining investment competitiveness index (MIC Index), for which the highest score is supposed to be 1.00, has been estimated to be 0.34. The MIC Index 2008 is quite low due to the relatively low scores for the sub-indices such as “overall economic and political environment,” “institutional quality and government effectiveness,” “availability of labor skills,” “government intervention in the economy,” “rule of law,” “soundness and stability of the mineral legislation”, ranging from 0.19 to 0.24. It implies that the mineral policy makers and state officers should select those 6 sub-indices ... as the main target for improving the mining investment environment.
...


Nachtrag:

Mongolia stands on the 13th place
Tuesday, 03 March 2009
S. http://www.miningmongolia.mn/en/index.php?option=com_content….

The International “Behre Dolbear” Institution released a report of study on government of support to the mining sector of 25 countries in 2008. By 7 indexes set by the institute, Mongolia stands on the 13th place. Australia was on top of the list.

Vergl.
http://www.dolbear.com/publications-countryranks.php
--->
BEHRE DOLBEAR GROUP INC.
2009 RANKING OF COUNTRIES FOR MINING INVESTMENT
WHERE “NOT TO INVEST”
S. http://www.dolbear.com/Publications/CountryRankings.pdf,
v.a. Seite 14!

[TomCole]

IMF lends USD430 million on easy terms
Mo, 8 Jun 2009 17:36:08
S. http://en.news.mn/news/2791.

Finance Minister S.Bayartsogt has told Parliament that the IMF has given Mongolia a soft loan for USD430 million, of which USD201 million will be in cash to plug the budget deficit. Part of the money has arrived and the remaining USD 110 million will be received by June 30. He was replying to a question from Ts.Davaasuren on what measures are being taken to overcome the economic crisis.

The Minister said a program had been developed with IMF help and suggestions that meet the goals set by Parliament, with some different measures included. This stabilization program will be implemented over 18 months.

Asked if bank interest rates would be reduced, Bayartsogt said the Government did not have the power to take that decision.



IMF lauds Mongolia’s performance
Mo, 8 Jun 2009 15:35:46
S. http://en.news.mn/news/2785.

The International Monetary Fund has said in Washington that Mongolia is on track to meet its end of year fiscal target but the authorities will need to maintain expenditure controls. In a statement the IMF said, \"Fiscal policy is on track to achieve the 6 percent of GDP fiscal deficit by end-year. This will still require continued expenditure restraint while safeguarding the fiscal resources needed to protect the poor during this period of economic adjustment.\"

The Fund feels Mongolia has so far successfully implemented its USD229.2 million IMF program since April and a staff mission would recommend disbursement of the next tranche of USD40 million under the loan. \"While challenges and risks remain, especially as regards the fiscal outlook and the banking system, the Mongolian authorities\' continued commitment to strong policies should help safeguard the recent hard-earned economic stability,\" said Steven Barnett, IMF mission chief to Mongolia.

He said inflation had fallen, the currency had moved flexibly and central bank currency reserves have grown since the loan program was approved. \"Conditions are now in place for a gradual easing of monetary conditions.\"



At 12.06 PM on 18th of June 2009, The New President Swears In
News - Government
Saturday, 06 June 2009 22:31
S. http://www.mongolia-web.com/government/2508-at-1206-pm-on-18….



A draft law on ecological green area withdrew
Friday, 05 June 2009
S. http://www.miningmongolia.mn/en/index.php?option=com_content….

A draft law on prohibiting mining exploration and operation in ecological green area was submitted to the Speaker of the Parliament D. Demberel, last year. According to the draft any mining exploration and operation will be prohibited south of 48 degrees latitude. A new parliament withdrew this draft law.

[TomCole]

Exclusive Interview: Mark Mobius
Written on June 8, 2009 – 3:16 pm | by Hantulga
S. http://www.business-mongolia.com/interview/exclusive-intervi….

A well known investor in the emerging and frontier markets, Dr. Mark Mobius paid visit to Mongolia at the end of May 2009. This is an interview made for FTnews weekly financial review for C1 Channel of Mongolia. Thank you again Dr. Mark Mobius.

---> http://www.youtube.com/watch?v=IOdaZWCwqHc&feature=player_em…

Die Tonqualität ist lausig!
Am Ende (ab ca. 2:59), meint Mark Mobius m.E. (ohne Gewähr): „... you need to have a legal structure. So I am proposing that the government and the political elite move quickly to plan a proper mining law and give approval to these mining projects.“



June 1 - 7, 2009, The Myanmar Times, Volume 24, No. 473
Monywa copper mine restarts production
By Thomas Kean
S. http://www.mmtimes.com/no473/n003.htm.

Vergl. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp…



MPRP FACTION MEETS
2009-06-08 17:45:31
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszüge:


...
Faction members hold that Tavantolgoi will be a financial source for implementing goals of the government platform on overcoming the economic difficulties and distribution of "Bounty of Homeland" of MNT 1.5 million to citizens. Tavantolgoi's reserves are estimated at 6.4 billion tons of coal.

As for the Oyutolgoi deposit, the Government will continue the negotiations next week, Lundeejantsan said.

Ya.Indra

[TomCole]

Russia's real strategy evident in "near abroad"
Ariel Cohen in St Petersburg
June 9, 2009
S. http://businessneweurope.eu/storyf1639/Russias_real_strategy….

Auszüge:
...
The railroad deal would also give Russia development licenses for two of Mongolia's largest mineral fields: the Tavan Tolgoi coal deposit and the Oyu Tolgoi gold and copper field. The latter is problematic, however. The Mongolian government has already signed a contract promising Oyu Tolgoi to Canada's Ivanhoe and Rio Tinto, the London-based natural resources giant.
...
Russian government-connected companies are preparing other major projects in Mongolia, as well. A slew of Russian firms — Alexei Mordashov's Severstal, Oleg Deripaska's Basic Element, Victor Vexelberg's Renova, Alisher Usmanov's Metalloinvest, and state-owned weapons exporter Russian Technologies — have their eyes on Oyu Tolgoi and other deposits.
...

[TomCole]

SouthGobi Energy Resources Appoints Jay Gow, Vice-President, Coal Marketing
10:13 AM ET, June 9, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

[spezialdigger]

Antwort auf Beitrag Nr.: 37.354.833 von TomCole am 09.06.09 17:31:06

Lieber Tom Cole,
ich finde es bewundernswert wieviele relevante postings Du einstellst...........
doch ich würde mir Einschätzungen und Wertungen Deinerseits wünschen..

es gibt nicht viele hier in Deutschland .die sich wirklich mit dieser Thematik beschäftigen..

sorry fürs schlechte Deutsch

[TomCole]

Antwort auf Beitrag Nr.: 37.358.881 von spezialdigger am 10.06.09 00:01:04

Hallo spezialdigger,

Dein Deutsch ist doch tadellos!

Um Einschätzungen und Wertungen abzugeben habe ich mich bis jetzt nicht kompetent genug gefühlt. Damit wäre ja auch eine erhebliche Verantwortung verbunden.

Daher habe ich erst ein Mal versucht, die Informationen zusammen zu kratzen (und hier einzustellen), die ich benötige, um mir ein möglichst ausreichendes Bild der Lage zu machen.

Ich glaube, damit jetzt einigermaßen fertig zu sein, obwohl ich mich oft wundere, was immer wieder noch alles dazu auftaucht.

So ist mein jetziges Gesamtbild v.a. dadurch verunsichert, dass ich nicht absehen kann, mit welchen politischen Überrraschungen die mongolische Seite nun weiterhin aufwarten wird.

Dieser Thread von Dir ist nun schon mehr als 1 Jahr alt, und man ist mit Vereinbarungen zu Oyu Tolgoi kein Stück vorangekommen. Nicht zu vergessen ist, dass dem schon jahrelange Bemühungen vorangegangen waren.

So kann man m.E. in der Sache also nur abwarten, ob tragfähige Fortschritte erzielt werden.

Ich bezweifle aber inzwischen z.B., dass die mongolische Seite fähig genug ist, eine Investitionsvereinbarung mit IVN-RIO bis zum offiziellen Schluss der Frühjahrssitzungsperiode des Parlamentes am 1. Juli 2009 abzuschließen. Dann müsste die parlamentarische Arbeit daran m.E. auf die Zeit ab Oktober 2009 verschoben werden (s.o.,Posting 220).

Gar nicht zu reden von der geplanten Novellierung des Bergbau-Gesetzes!

Und all dies bei der gegebenen wirtschaftlichen Lage des Landes! Und bei dem politischen Ehrgeiz, die Bevölkerung an Minen-Einkünften zu beteiligen.

Persönlich kann ich anmerken, dass meine Hochachtung vor der Mongolei während meiner Informationssammlung zunehmend gelitten hat. [Eigentlich frage ich mich, warum es noch keine Mongolen-Witze gibt.]

Die Nicht-Oyu Tolgoi-Vorhaben von IVN sehe ich übrigens fast alle wirtschaftlich positiv.

Beste Grüße,
Tom

[TomCole]

FEATURE-
Crisis reverberates deep into Mongolian steppe
Tue Jun 9, 2009 8:04pm EDT
By Jason Subler
S. http://www.reuters.com/article/americasCrisis/idUSPEK143288.

Auszug:
...
JUMP-START

Once protected by a socialist safety net during Mongolia's days as a Soviet satellite, the poor are increasingly unable to rely on state handouts as the government's revenues have dropped by more than 30 percent over the past year in the wake of tumbling metals prices relative to the historic highs reached last year.

That forced it to agree to a $229 million loan package with the International Monetary Fund (IMF) in April, a programme that the IMF said early this month was proceeding smoothly.

Pivotal for turning the economy around will be an agreement with foreign miners on developing the massive Oyu Tolgoi copper-gold mine and the Tavan Tolgoi coal deposit, said Arshad Sayed, the World Bank's country manager for Mongolia.

Negotiations for the Oyu Tolgoi project in particular, set to be developed by Ivanhoe Mines (IVN.TO) and Rio Tinto (RIO.L) (RIO.AX), have dragged on for years as the government has sought better terms to help pull its people out of poverty.

Gross domestic product per capita was around $1,600 in 2008. The Oyu Tolgoi project alone could increase GDP by about a third, according to some estimates.

"Mongolians are looking forward to the developments as a way to in many ways jump-start the economy," Sayed said.
...



Complaint filed with Commissioner regarding Ivanhoe's lobbyists
Canadian Friends of Burma dispute information on lobbyists' applications.
Dateline: Tuesday, June 09, 2009
from Canadian Friends of Burma
S. http://www.straightgoods.ca/2009/ViewFeature.cfm?Ref=342.

Auszüge:
...
"Mining companies are registered in Canada like ships are registered in Liberia."

Both Gotlieb and Goldenberg stated in the lobbying registrations that their client Ivanhoe does not have any subsidiaries that could benefit from their lobbying regarding investment in Mongolia. In fact, Ivanhoe's latest Annual Information form filed with the SEC lists several "principle subsidiaries" that could be affected by their lobbying — these include Ivanhoe's fully owned Mongolian subsidiary Ivanhoe Mines Mongolia Inc and SouthGobi Energy Resources Ltd which is 80 percent owned by Ivanhoe and has substantial coal interests in Mongolia.
...
Mongolia is the site of Ivanhoe's planned Oyu Tolgoi development, a controversial mining project which has attracted strong protests from many in Mongolia. In April 2006 Ivanhoe's Chairman Robert Friedland was burned in effigy at a massive protest in the Mongolian capital.

Friedland angered many Mongolians when he boasted about the benefits of Ivanhoe's Mongolian plan, "The nice thing about this, there's no people around. ...There's no NGOs....You've got lots of room for waste dumps without disrupting the population." ("DESERT STORM" York, Geoffrey The Globe Report on Business Magazine 30 Sept 2005).
...



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Mongoleinachrichten Juni 2009
von Dr. Renate Bormann, Berlin, Ulaanbaatar
S. http://www.mongolei.de/news/2009jun1.htm.

Auszug:

Präsidentschaftswahlen 2009

Am 28. Mai hat der Vorsitzende der ZWK, N. Luvsanjav, dem Vorsitzende der Großen Staatsversammlung, D. Demberel, das offizielle Ergebnis der Präsidentschaftswahlen 2009 übermittelt. Demnach hat der Kandidat der DP, Tsakhiagiin Elbegdorj, 51,21 Prozent der Wähler für sich gewinnen können, sein Kontrahent, Amtsinhaber N. Enkhbayar, kam auf 47,41 Prozent.

Von den 1 097 000 abgegebenen Stimmen entfielen 562 459 auf Elbegdorj, 520 850 auf Enkhbayar.

Die Zahl der ungültigen Stimmen überstieg die bei vorangegangenen Wahlen.

Am 18. Juni wird Tsakhiagiin Elbegdorj den Amtseid als Staatspräsident der Mongolei ablegen.

T. Bilegt abgelöst

Im Zusammenhang mit der unerwartet klaren Niederlage des MRVP-Kandidaten in Ulaanbaatar haben die Mitglieder der Hauptstadt-MRVP ihren Vorsitzenden, T. Bilegt, seines Postens enthoben.

Zu seinem Nachfolger wählten sie den stellvertretenden Bürgermeister Ulaanbaatars, Munkhbaatar.

In der Zwischenzeit wurden erste Stimmen laut, die auch den Rücktritt von Ministerpräsident S. Bayar als Parteivorsitzenden fordern.
...

[TomCole]

Nur am Rande zum Thema "Mongolei" (hat m.E. nichts mit IVN zu tun):

MONGOLIA-GERMANY MEETING HELD ON MINERAL RESOURCES E
2009-06-10 17:49:03
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Ulaanbaatar, /MONTSAME/ Mongolia-Germany working group for cooperation in the minerals sector has held its first meeting in Berlin, Germany.

Opening speeches were delivered by the head of the heavy industry policy department of the Ministry of Mineral Resources and Energy B.Batkhuu and the head of the mining and heavy industry department of the Federal Ministry of Economics and Technology H.Schneider.

Present at the meeting were the Mongolian National Mining Association, Mongolian Coal Association, Erdenes MGL, Darkhan Metallurgical Plant, Mongolrostsvetmet, Baganuur, Mongolian Gold, Beren Group, Sharyn Gol Energy, and Lithium Mining companies. Germany was represented by the German Mining Equipment Association, BHF-Bank, LMBH International, Humboldt Wedag Coal and Mining Technology, GUB Engineering, and other mining companies.

During the meeting, a memorandum was signed on cooperation in the mining and minerals sector between the Governments of Mongolia and Germany. Thereby, a new era opens up for the Mongolia-Germany economic collaboration, the gathered conclude.

Ya.Indra

[TomCole]

Analyst upgrades Ivanhoe Mines after price decline improves valuation
Peter Koven, Financial Post Published: Thursday, June 11, 2009
S. http://www.financialpost.com/personal-finance/story.html?id=….

While shares of most copper companies have done well in recent weeks, Ivanhoe Mines Ltd. (IVN/TSX) is a notable exception. It has fallen from above $8.50 a share to the $6-$7 range, and BMO Capital Markets analyst John Hayes upgraded the stock to "outperform" (from "market perform") based on the improved relative valuation.

Ivanhoe is unique, because there is still so much uncertainty about when its agreement to develop the giant Oyu Tolgoi project in Mongolia will get approved. But Mr. Hayes simply believes it is cheap at these levels.

"We believe the company's shares are not currently discounting potential for a timely resolution of the Oyu Tolgoi Investment Agreement," he wrote in a note to clients.

"The copper price should continue to be supported by better economic conditions and poor supply growth prospects over the longer term."

Mr. Hayes calculated that Ivanhoe is trading at a 54% discount to his 10% net asset value estimate of $13.08 a share (at spot gold and copper prices of US$951/oz and US$2.25/lb, respectively). He warned that trading of the shares will likely remain volatile as long as there is uncertainty about the investment agreement on Oyu Tolgoi.



JUNIOR MINING
IVANHOE PARTICIPATION
Exco secures White Dam gold project finance tranche
Australian junior Exco Resources, which is in the Ivanhoe Australia stable, has raised A$7.2 M through a share placement towards its advanced White Dam gold project construction.
Author: Proactive Investors
Posted: Thursday , 11 Jun 2009
SYDNEY -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=84….


Exco-Thread hier bei Wallstreet:Online:
Exco Resources,
Thread: Exco Resources



How the financial crisis is pounding Mongolia. Call it the cashmere effect
Stalled spending, falling prices, high inflation, joblessness - times are tough for residents of this vast country
JASON SUBLER
BAYANCHANDMAN, MONGOLIA — Reuters, Thursday, Jun. 11, 2009 03:33AM EDT
S. http://www.theglobeandmail.com/report-on-business/how-the-fi….

Auszug:
...
The numbers
$4.9-billion
Mongolia's 2008 GDP, in U.S. dollars
8.9 per cent
Mongolia's estimated growth rate in 2008
34 per cent
Portion of Mongolia's labour force involved in agriculture
5 per cent
Portion of Mongolia's labour force involved in industry
Source: CIA World Factbook

Abgesehen davon und z.B. der Überschrift ist der obige Artikel gleich dem folgenden Artikel in Posting #228 (!):
FEATURE-
Crisis reverberates deep into Mongolian steppe
Tue Jun 9, 2009 8:04pm EDT
By Jason Subler
S. http://www.reuters.com/article/americasCrisis/idUSPEK143288.



INDUSTRIAL OUTPUT DECREASED
2009-06-11 17:16:50
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Ulaanbaatar, /MONTSAME/ As of May 2009, the total industrial output reached 615.4 bln.togrogs decreasing 7.2 percent or by 47.9 bln.togrogs (at 2005 constant prices) against the same period of previous year.

The decline in the industrial output was due to a decrease in mining and quarrying sector output by 5.3 bln.togrogs or 1.5 percent and in manufacturing sector output by 44.9 bln.togrogs or 21.8 percent.

Against May 2008, 1.5 percent decrease in output of the mining and quarrying sector was caused by the 1.6-42.8 percent reduction in production of main mining products such as copper concentrate, gold, fluor spar concentrate, tungsten concentrate and zinc concentrate.

At the same time, 21.8 percent decrease in output of manufacturing sector was because of the 11.1-83.6 percent reduction in products such as beer, metal sleeper, copper, lime, combed down, wheat flour, metal steel, metal foundries, spirit, carpet, solid concentrate, concentrate mortar, articles of iron concrete, and molybdenum concentrate.

MNT 35.9 bln. construction and installation works were performed in this period, of which 33.3 bln.togrogs or 92.7 percent was implemented by domestic entities, and 2.6 bln.togrogs or 7.3 percent by foreign entities.

Ya.Indra
16.14



16 countries invited to Inauguration
Mi, 10 Jun 2009 17:30:30
S. http://en.news.mn/news/2811.

The Government has allocated MNT137 million for the inauguration ceremony of President-elect Ts.Elbegdorj. Invitations have been sent to 16 countries including Russia, China, the USA, Germany, Japan, South Korea, France, India, Turkey, and Britain to attend the ceremony.

[TomCole]

Hier jetzt nichts wirklich Aktuelles.
Nur Lesefutter (zum Wochenende?) für breiter Interessierte:


Zur Erinnerung:
Stockhouse - Bullboards - IVN:
S. http://www.stockhouse.com/Bullboards/SymbolThreadList.aspx?s….

Vielleicht jetzt insbesondere dort der Thread „Production Timetable“:
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….



BCM Mongolia Newswire: Elbegdorj Open to Foreign Investment, BHP Biliton Closes
Friday, 12 June 2009 14:27
S. http://www.mongolia-web.com/government/2529-bcm-mongolia-new….

Ist fast gleich dem folgenden Artikel in Posting #218:
Elbegdorj’s priority is to reassure foreign investors
Fr, 5 Jun 2009 17:43:29
S. http://en.news.mn/news/2779.



New Mineral Licenses Allotted
Written by Ch.Sumiyabazar
Friday, June 12, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Government policy on herders explained
Do, 11 Jun 2009 18:19:26
S. http://en.news.mn/news/2820.

Auszug:
...
MNT18-20 billion will be needed from the state budget to implement the policy. The committee feels it is possible to raise the amount from domestic and foreign investments.
...



Inauguration program announced
Do, 11 Jun 2009 18:35:17
S. http://en.news.mn/news/2826.



Elbegdorj Takes Oath of Office in Parliament Hall, Not in Main Square, Says Organizers
Written by Ch.Sumiyabazar
Friday, June 12, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



MPs want annual immigrants’ number to be 100 at most
Do, 11 Jun 2009 21:34:01
S. http://en.news.mn/news/2832.



UNEMPLOYMENT FIGURES IN STATISTICS
2009-06-10 19:10:28 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



EXTERNAL TRADE IN STATISTICAL MIRROR
E
2009-06-11 16:06:57 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



IMF Reports Mongolia on Track for Economic Recovery
Written by Administrator
Tuesday, June 09, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Russia and Mongolia: Geopolitical Cooperation
Written by Dmitry Shagardin
Friday, June 05, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



DAYS OF RUSSIAN CULTURE TO TAKE PLACE
2009-06-11 14:06:04 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Mining first meeting in Berlin
Written by Administrator
Friday, June 12, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Memorandum of Understanding in the Mineral Sector is signed.
by Amarsanaa on 12/06/09 at 11:14 am
S. http://www.business-mongolia.com/mongolia-government/memoran….

[TomCole]

Mehr Lesefutter zum Wochenende:


MINING FINANCE / INVESTMENT
RBC CM GLOBAL MINING AND MATERIALS CONFERENCE
Mining and metals companies generally cautiously optimistic at Toronto event
A brief synopsis of all the company presentations at this week's Global Mining and Materials Conference in Toronto.
Author: John Chadwick
Posted: Friday , 12 Jun 2009
LONDON -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=84….

Auszug:
...
Ivanhoe Mines Ltd (TSX: IVN; NYSE: IVN) - Robert Friedland, Executive Chairman

• Ivanhoe mines and its strategic partner, Rio Tinto, negotiated an updated draft investment agreement for the Oyu Tolgoi project with a Mongolian Government Working Group in February this year. Management believes that Oyu Tolgoi is the largest metalliferrous discovery in the world. Pending ratification by the Mongolian government, the new agreement will give Rio Tinto and Ivanhoe a 70-year mining license with the Mongolian government on the project

• Two weeks ago, Mongolia elected a new president, Ts Elbegdorj, who was the Prime Minister of the country in 1997. During that time, he passed very progressive mining legislation and company management expects his election to help propel the new Oyu Tolgoi agreement forward

• In December 2008, Ivanhoe found more gold mineralisation that it believes is a candidate to be the largest gold mine in the world, larger than Grasberg. The deposit has not yet been named.

• Ovoot Tolgoi is a large producing coal asset 40 km north of Chinese border with a 125 km strike length and 225 m coal seams. It consists of primarily semi-soft/high vol PCI coal with increased met coal to depth. The company is currently selling material in situ to China at $29/t versus mining costs of $6/t. Infrastructure is currently being built in the area by Germany, Russia, and China.

• Management noted that approximately 400 trucks are hauling Tavan Tolgoi coal for steel mills from Mongolia to China per day.

• Cloncurry, in the northern part of Australia, is the most highly mineralised region in northern Australia. Management believes the Merlin project, located here, is the richest moly discovery in the world. It contains 6 Moz of rhenium and 240 Mlb of moly with grades 20 times higher than any current moly mine in the world.
...



HOME > POLITICAL ECONOMY
POLITICAL ECONOMY
SHARES HIT
Centerra Gold's Mongolian gold mine license suspended
Centerra's Boroo gold mine operating licenses have been suspended for up 3 months because of alleged issues with its operation and if the issues are not resolved the licenses could be revoked.
Author: Cameron French
Posted: Friday , 12 Jun 2009
TORONTO (REUTERS) -
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….

Auszug:
...
POLITICAL RISK

The issue highlights the difficulties resource companies have faced operating in developing countries in Asia and Africa.

Centerra spent the past year trying to revive an ownership agreement for its larger Kumtor mine in Kyrgyzstan, which had been operating under a cloud of nationalization worries.

The company hammered out a new agreement in April giving the government a larger stake in the company. The deal closed on Thursday.

In Mongolia, Ivanhoe Mines (IVN.TO: Quote) has been trying for years to strike a deal to develop the massive Oyu Tolgoi copper and gold deposit.

A pact struck in 2006 was withdrawn last year when Mongolia sought more favorable terms. The two sides recently came to a new agreement, which is now awaiting parliamentary approval.
...



MPRP Council favors MPs’ proposal on refinery
Fr, 12 Jun 2009 20:58:24
S. http://en.news.mn/news/2841.

Auszug:

The Administrative Council of MPRP yesterday approved the proposal to set up a refinery complex as part of the Tavantolgoi coal mines to earn the money needed to pay the Motherland Allowance.
...



Most people unhappy the way things are for them
星期四, 11 六月 2009 21:35:31
S. http://en.news.mn/news/2833.



President does not have a bank account, PM does not have a car
Fr, 12 Jun 2009 21:00:12
S. http://en.news.mn/news/2842.

[TomCole]

PREMIER MEETS K.KORTMANN
2009-06-16 15:08:01
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszug:

Ulaanbaatar, /MONTSAME/ The Prime Minister of Mongolia S.Bayar received Monday Mrs Karin Kortmann, a Parliamentary State Secretary of the Federal Ministry for Economic Cooperation and Development of the Federal Republic of Germany (FRG).
...



Mongolia testing ground for Putin’s global strategy on Mongolia
Di, 16 Jun 2009 15:20:24
S. http://en.news.mn/news/2859.

Auszüge:
...
The railroad deal would also give Russia development licenses for two of Mongolia's largest mineral fields: the Tavan Tolgoi coal deposit and the Oyu Tolgoi gold and copper field. The latter is problematic, however. The Mongolian gGvernment has already signed a contract promising Oyu Tolgoi to Canadian company Ivanhoe and Rio Tinto, the London-based natural resources giant.
...
Russian government-connected companies are preparing other major projects in Mongolia as well. A slew of Russian firms - Alexei Mordashov's Severstal, Oleg Deripaska's Basic Element, Victor Vexelberg's Renova, Alisher Usmanov's Metalloinvest, and state-owned Russian Technologies - a weapons exporter - have their eyes on Oyu Tolgoi and other deposits.
...



wawahunt
6/13/2009 9:09:12 AM | Post #27217394
The Northern Miner, Monday, June 15, 2009
Mongolian Politics, Up Close
By Anthony Vaccaro
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….

Auszug:
...
Overall, though, Dierkes says given that both Enkhbayar and Elbegdorj agreed in a televised debate on the Thursday before the election that an investment agreement between Ivanhoe Mines and the government needed to get signed fast. Ivanhoe and Rio Tinto jointly hold the Oyu Tolgoi copper-gold project in Mongolia.

Much has been made of the presidential position in Mongolia being more of a ceremonial position. But Dierkes explains that while it is difficult for the president to directly guide parliament, he can rule in a passive aggressive way, thanks to a presidential veto. The president can continually veto any bill proposals from parliament, essentially sinking the government into a quagmire.

As a check on this, however, the president's veto can be overridden by a two-thirds majority in parliament. Although the MPRP has a clear majority in parliament, it doesn't have two-thirds, so any veto from Elbegdorj should be safe provided he maintains the support of his party and the independents.

As for the investment agreement, Dierkes contends that it isn't the details of the agreement that have slowed down its approval, but rather the grandstanding of individual members of parliament. Standing up and demanding that certain points be included in the agreement has been an easy way for politicians to grab headlines in the country.

But Dierkes points out that because the parliamentary elections were just last year, and members are elected to four-year terms, there should be more than enough time for all members to voice their concerns and still get the agreement passed.

"Long term," Dierkes says, "I'm still confident the agreement will happen."

As for the contention of Ivanhoe's president and chief executive , John Macken, that the fallout from the global economic crisis would push the country towards a quick resolution of the agreement, Dierkes is ambivalent.

"There is a sense now that the economic hurting is happening very actively," he says. "There are half-constructed buildings throughout the capital that are not being worked on and the sense of crisis is relatively real. To what extent that will hasten the agreement, I'm not entirely sure."


garymcdonagh
6/13/2009 10:21:55 AM | Post #27217456
RE: The Northern Miner, Monday, June 15, 2009
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….

Auszug:
...
From my view point Ivanhoe should find a good exit point and let the Chinese and Russians deal with the Mongolians...Even if a deal is concluded it would not be worth much to a serious investor at this point.



USA has eye on mining projects of Mongolia
by Amarsanaa on 15/06/09 at 5:53 pm
S. http://www.business-mongolia.com/mongolia-government/usa-has….



Rio Tinto remains cautious on copper price gains
Mo, 15 Jun 2009 16:38:30
S. http://en.news.mn/news/2852.



World Bank Managing Director reiterates support for Mongolia
Mo, 15 Jun 2009 15:29:15
S. http://en.news.mn/news/2847.

Auszug:
...
Referring to the possible contribution of the mining sector to the economy, Daboub said, “From my conversations with the Speaker of Parliament and the members of Cabinet, it is clear to me that there is a common vision and a strong desire to develop the mining sector in a sustainable and transparent way in order to benefit present and future generations of Mongolians. We stand ready to continue to support the authorities in this endeavor.”
...

[TomCole]

Several issues resolved at talks with Ivanhoe, says Zorigt
Mi, 17 Jun 2009 15:23:09
S. http://en.news.mn/news/2870.

Minerals and Energy Minister D.Zorigt has said renewed negotiations with Ivanhoe Mines on the Oyutolgoi investing agreement have led to the resolution of several issues raised by MPs but those related to finance are eluding a consensus. These mainly center on how Mongolia will provide its 34 percent share of the investment expenses. Another contentious issue is that of the period of the initial agreement.

The regular Government meeting last Wednesday discussed a letter from Ivanhoe Mines which sought to dispel the doubts raised by MPs that the draft investment agreement did not adequately protect Mongolian interests and could even damage national security. Zorigt said his Ministry is preparing a reply to this and when it is ready it will be sent to the mining company as well as to the Government and Parliament.



Mongolian President-Elect Wants Changes to Rio Mining Proposal
By Bloomberg News
Last Updated: June 17, 2009 06:43 EDT
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=achKG8Da….

Auszüge:

June 17 (Bloomberg) -- Mongolian President-elect Tsakhia Elbegdorj wants to change a proposed gold and copper mining agreement with Rio Tinto Group and Ivanhoe Mines Ltd. that would allow the government to buy an equity stake in the project.

“I am not in favor of that,” Elbegdorj said in an interview with Bloomberg News in the capital Ulan Bator. “I think an equity share is not a good proposal.”
...
Ivanhoe has been trying for more than five years to complete an investment agreement with Mongolia to develop the Oyu Tolgoi copper and gold deposit, about 80 kilometers (50 miles) north of the border with China. London-based Rio, the world’s third largest mining company, agreed to buy 10 percent of Ivanhoe in October 2007, calling the deposit “the world’s largest undeveloped copper-gold resource.”

Draft Agreement

A draft plan being considered by parliament would allow Mongolia to buy a 34 percent equity stake in the operation. Elbegdorj in the interview proposed instead that the government take 50 percent of the profits from the project.

Vancouver-based Ivanhoe in March 2008 estimated the copper resources in the project at 78.9 billion pounds and the gold resources at 45.2 million ounces.
...



Tavantolgoi back in the news
Di, 16 Jun 2009 20:33:55
S. http://en.news.mn/news/2869.



Germany to give Euro 2 million more
Di, 16 Jun 2009 19:03:22
S. http://en.news.mn/news/2868.

[TomCole]

Ivanhoe shares fall on talk of change to Mongolia deal
Vancouver — The Canadian Press, Wednesday, Jun. 17, 2009 01:21PM EDT
S. http://www.theglobeandmail.com/report-on-business/ivanhoe-sh….

Report says new president of Asian country wants to alter agreement over Oyu Tolgoi mining project


An Ivanhoe Mines exploration camp at the Oyu Tolgoi project in Mongolia

Ivanhoe Mines Ltd. (IVN-N5.53-0.57-9.34%) shares fell 7 per cent Wednesday following a report that Mongolia's president-elect wants to change a proposed mining agreement with the company.

The Vancouver-based company's shares fell 51 cents each to $6.37 on the Toronto Stock Exchange in midday trading.

A report out of Mongolia says president-elect Tsakhiagiin Elbegdorj wants to change the proposed deal with Ivanhoe Mines as well as an agreement with Britain's Rio Tinto PLC.

The report says the government wants a bigger portion of the profit from Ivanhoe's Oyu Tolgoi project, which is considered the world's largest copper-gold development.

Ivanhoe couldn't be immediately reached for comment on the report.

Mr. Elbegdorj defeated incumbent Nambaryn Enkhbayar in last month's presidential election, which happened as the country struggles to cope with plummeting mineral prices as a result of the global recession.

A renegotiated deal with Ivanhoe Mines and Rio Tinto has been held up by a Mongolian parliamentary committee, which has demanded the government try to get more money.

Ivanhoe said last month it expected the key agreement for development Oyu Tolgoi to be passed by Mongolia's parliament in the coming weeks.



Yes! We Will Buy IVN Stock!
EABUSCH 1
6/16/2009 11:11:44 AM | Post #27223432
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….
Dort: http://www.mffais.com/ivn

[TomCole]

NEW PRESIDENT ADDRESSESS PEOPLE
2009-06-18 17:17:17
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….





Elbegdorj takes office, says he will fulfill people’s demand for reform and change
Do, 18 Jun 2009 14:41:19
S. http://en.news.mn/news/2889.







PRESIDENT SWEARS IN
2009-06-18 16:42:47
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….





N.ENKHBAYAR ADDRESSES PEOPLE
2009-06-18 15:53:06
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….





Benefits for ex-President Enkhbayar discussed
Do, 18 Jun 2009 16:57:29
S. http://en.news.mn/news/2891.

[TomCole]

China starts building railway from near border
Do, 18 Jun 2009 11:10:05
S. http://en.news.mn/news/2886.

[TomCole]

POLITICAL ECONOMY
PRESIDENT-ELECT COULD CHANGE DIRECTION
Will there be yet another delay in ratification of Oyu Tolgoi agreement?
Despite a commitment by President-Elect Tskakhiagiin Elbegdorj to get Mongolians more money from the Oyu Tolgoi draft investment agreement, Ivanhoe officials are confident Elbegdorj does support development of the huge copper-gold project.
Author: Dorothy Kosich
Posted: Thursday , 18 Jun 2009
S. http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid….



Mongolia now wants 50% of Oyu Tolgoi profits, report says
Singapore 18 June 2009 07:12
S. http://www.metalbulletin.com/Article/2235757/NonFerrous/Mong….



BHP Billiton To Close Mongolia Exploration Office
Thursday June 18th, 2009 / 7h09
S. http://www.easybourse.com/bourse-actualite/marches/bhp-billi….



Folgendes in voller Länge, da sich unter dem selben URL offenbar der Text durch Updates erheblich ändern kann (vergl. Posting #234, Artikel "Mongolian President-Elect Wants Changes to Rio Mining Proposal", By Bloomberg News,
Last Updated: June 17, 2009 06:43 EDT):

Mongolia President-Elect Wants to Change Rio Accord (Update4)
By Bloomberg News
Last Updated: June 17, 2009 21:22 EDT
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=achKG8Da….



June 18 (Bloomberg) -- Mongolian President-elect Tsakhiagiin Elbegdorj wants to change a proposed gold and copper mining deal with Rio Tinto Group and Ivanhoe Mines Ltd. that would allow the government to buy an equity stake in the project.

“I think an equity share is not a good proposal,” Elbegdorj said yesterday in an interview with Bloomberg News in the capital Ulan Bator, suggesting instead that the government take 50 percent of the profit. Elbegdorj defeated incumbent Nambaryn Enkhbayar in the May 24 presidential election, and will be sworn in today.

Mongolia has struggled to create a framework for foreign investment in its gold, copper and coal deposits, leaving projects in limbo. Copper’s 39 percent slump in the past year has hurt state finances, increasing the urgency of opening more mines as economic growth slows.

Ivanhoe has been trying for more than five years to complete an investment agreement with Mongolia to develop the Oyu Tolgoi copper and gold deposit, about 80 kilometers (50 miles) north of the border with China. London-based Rio, the world’s third largest mining company, agreed to buy 10 percent of Ivanhoe in October 2007, calling the deposit “the world’s largest undeveloped copper-gold resource.”

‘The Final Moments’

“I think now we are approaching the final moments to get a good agreement,” Elbegdorj said. “I would like to say to the foreign investors, do not close the door, there are still opportunities.”

Ivanhoe fell 60 cents, or 8.7 percent, to C$6.28 at 4:15 p.m. in June 17 trading on the Toronto Stock Exchange, the biggest daily decline since May 25. Rio closed 7.8 percent lower at 2,154 pence on the London Stock Exchange. Its Sydney traded shares were 6.7 percent lower at 10:24 a.m. on the Australian stock exchange.

Nick Cobban, a London-based Rio spokesman, said yesterday he couldn’t immediately comment. Bob Williamson, a Vancouver based media contact for Ivanhoe, declined to comment.

Elbegdorj called reaching an agreement his “first priority” on the economic front, though he gave no more specific time frame for a deal than the next three years.

“This agreement is the first agreement,” he said. “If we make a good agreement, this will be an example for exploiting other big deposits and there is no space to make mistakes.”

Vancouver-based Ivanhoe in March 2008 estimated the copper resources in the project at 78.9 billion pounds and the gold resources at 45.2 million ounces.

Investors are also waiting for news on a government decision on who will win rights to develop Tavan Tolgoi, a metallurgical coal deposit.

Waiting Period

While a profit-sharing arrangement, rather than a government stake, may be good news for investors, the possibility that a final deal could take years more to reach is “not so good,” according to Masa Igata, chief executive officer of Frontier Securities in Ulan Bator.

“No miner wants to wait three years,” he said yesterday. “If I were management of Ivanhoe or Rio Tinto, I might want to sell the stake to someone else.”

Mongolia’s budget deficit expanded to about 5 percent of gross domestic product in 2008 compared with three years of surplus before that, and a group of international donors including the World Bank, the Asian Development Bank, Japan and Russia are providing “multimillion” U.S.-dollar loans for a financial rescue package, according to an April report from the Singapore-based investment bank Eurasia Capital.

The nation’s economic output may rise 3 percent this year, down from 8.9 percent last year and 10.2 percent in 2007, according to a March estimate from the Asian Development Bank. The country has a population of 2.6 million people.

Proposed Tax Change

The president-elect also proposed that the government consider changing a 2006 windfall profit tax that imposes a rate of 68 percent on revenue when copper prices exceed a certain amount per ton. Instead he suggested a graduated system, for example a rate of 40 percent when copper prices reach $8,000 per ton and 60 percent when they reach $10,000 per ton.

“I think one big high rate is not very wise,” he said.

The new president will have to “balance” the foreign- investment interests of China, Russia, Europe and the U.S. with the public interest of Mongolian citizens, said Ganzorig Ulziibayar, president of ACI Mongolia Financial Markets Association, an industry body aimed at promoting the country’s financial markets.

China and Russia, Mongolia’s two biggest trading partners, sandwich the land-locked nation and control its ability to export metals and energy deposits to the international market.

To contact the reporter on this story: Dune Lawrence in Beijing at [e-mail].



Mongolia wants profits from Ivanhoe, Rio mine
Elisabeth Behrmann | June 18, 2009
Article from: Dow Jones Newswires
S. http://www.theaustralian.news.com.au/business/story/0,28124,….



Mongolia president-elect wants to change Rio mine deal
June 18, 2009
Article from: Dow Jones Newswires
S. http://www.theaustralian.news.com.au/business/story/0,28124,….



SmarTrend News Watch - 6/17/2009 1:26:40 PM
Mongolia's President Wants to Change Mining Agreement with Rio Tinto and Ivanhoe Mines
By Chip Brian, SmarTrend Analytics Team
S. http://www.mysmartrend.com/briefs.asp?storytype=nw&storyid=1….



Mongolia leader wants to change mining deal -report
Wed Jun 17, 2009 9:44am EDT
S. http://www.reuters.com/article/bondsNews/idUSN17332173200906….

[TomCole]

Auf YouTube:
18 Jun 2009
Mongolia President-Elect Wants To Change Rio Accord - Bloomberg
S. http://www.youtube.com/watch?v=doy427-wk40.



JUNE 18, 2009, 8:03 A.M. ET
Ivanhoe Continues Talks With Mongolia on Mining Deal
By ELISABETH BEHRMANN
S. http://online.wsj.com/article/SB124532271865227265.html.



Opposition rules Mongolia
By Michael Standaert, THE WASHINGTON TIMES
Thursday, June 18, 2009
S. http://washingtontimes.com/news/2009/jun/18/opposition-rules….


Mongolia's new President Elbegdorj Tsakhia speaks during a swearing-in ceremony at the Parliament House in Ulan Bator, Mongolia, Thursday, June 18, 2009. (AP Photo/D.Rentsendorj)



Mongolian president elect sworn in
By GANBAT NAMJILSANGARAV
Associated Press
2009-06-18 05:09 PM
S. http://www.etaiwannews.com/etn/news_content.php?id=980262&la….



Friday June 19 2009
Mongolia’s new president vows battle on corruption
S. http://www.themalaysianinsider.com/index.php/world/29893-mon….


President Tsakhiagiin Elbegdorj places his hand on the Constitution as he takes the oath of office in Ulan Bator today. – Reuters pic



Mongolia President Elbegdorj Wants to Change Rio Agreement
Last Updated: June 18, 2009 05:18 EDT
By Bloomberg News
S. http://www.bloomberg.com/apps/news?pid=20601081&sid=aiKlxpx6….





Oyu Tolgoi Talks Ongoing
EABUSCH
6/18/2009 7:04:51 AM | Post #27229350
Oyu Tolgoi Talks Ongoing But Outcome Still Unclear - Source
17 Jun 2009 - Dow Jones Newswires
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….



Mit "Photo Gallery" (!):
Elbegdorj sworn in as Mongolia's president
www.chinaview.cn 2009-06-18 21:03:45
S. http://news.xinhuanet.com/english/2009-06/18/content_1156377….


Mongolian President-elect Tsakhia Elbegdorj (L) receives the presidential seal from the outgoing President Nambaryn Enkhbayar during the inauguration ceremony in Ulan Bator, capital of Mongolia, on June 18, 2009. Tsakhia Elbegdorj was sworn in as Mongolia's President here on Thursday after winning the May 24 election with 51.21 percent of the vote. (Xinhua/Hao Lifeng)
...



Mit Video (!):
Elections
Mongolia’s new president sworn in
18/06 19:52 CET
S. http://www.euronews.net/2009/06/18/mongolia-s-new-president-….

[TomCole]

Elbegdorj wants profit sharing, not equity ownership
Fr, 19 Jun 2009 14:55:27
S. http://en.news.mn/news/2898.

President Ts. Elbegdorj told Bloomberg News in an interview to on the eve of assuming office that he did not favor the government to buy an equity stake in the Oyu Tolgoi project, suggesting instead that the government take 50 percent of the profit. He said he would like to say to the foreign investors, “Do not close the door, there are still opportunities.”

Mr. Elbegdorj called reaching an agreement his “first priority” on the economic front, though he gave no more specific time frame for a deal than the next three years. This agreement is the first agreement,” he said. “If we make a good agreement, this will be an example for exploiting other big deposits and there is no space to make mistakes.”

Mr. Elbegdorj also proposed that the government consider changing the windfall profit tax that imposes a rate of 68 percent on revenue when copper prices exceed a certain amount per ton. Instead, he suggested a graduated system, for example a rate of 40 percent when copper prices reach USD8,000 per ton and 60 percent when they reach USD10,000 per ton. “I think one big high rate is not very wise,” he said.

Rio Tinto shares fell as a cloud of uncertainty emerged over its gold and copper project in Mongolia.



Mit Video (!):
Mongolia’s New President Fights Corruption
2009-6-19 2:48
S. http://english.ntdtv.com/ntdtv_en/ns_asia/2009-06-19/7389779….



Mongolia’s new president vows to fight graft
Web posted at: 6/19/2009 9:9:50
Source ::: REUTERS
S. http://www.thepeninsulaqatar.com/Display_news.asp?section=Wo….



Mit Video (!):
Rio Tinto (ASX: RIO) investment with Ivanhoe Mines in Mongolian copper and gold deposit to be re-examined
19 June 2009
S. http://www.finnewsnetwork.com/archives/finance_news_network1….



Mongolia new president want to changes mine proposal
Friday, 19 Jun 2009
S. http://steelguru.com/news/index/2009/06/19/OTkwNDE%3D/Mongol….



Mongolia leader goes cold on Rio
June 19, 2009
S. http://www.theaustralian.news.com.au/business/story/0,28124,….

[TomCole]

Minister D.Zorigt: It is true that the agreement negotiation has difficulties on finance related issues.
POSTED BY AMARSANAA ON JUNE - 20 - 2009
S. http://www.business-mongolia.com/mongolia-government/ministe….

Working group was established by the State Great Khural, the Standing Committee on Economy, and Demparty and MPRP groups at the SGK, to amend IA on OT project, because the first draft cannot be adopted as it was. Some newspapers reported that investors wouldn’t accept the comments and findings of the working groups. Minister D.Zorigt shares his opinion on this issue.

Q: There is hearsay and some articles appeared on newspapers that investors wouldn’t accept the comments and findings of the working groups. What will be your opinion?

Minister D.Zorigt: Not exactly. The negotiation is underway. We made progress on 7-8 points and provisions. It is true that the negotiation has some difficulties on finance and funding related issues. It will be presented to the Government and the SGK.

Q: What issues are included in the finance related issues?

Minister D.Zorigt: Will the Mongolian State invest in 34% of its ownership at OT or will it own 34% without investment? This is the main issue to solve between us.

Q: What do you think about shortening the agreement term down to 15 years?

Minister D.Zorigt: We are negotiating. This comment also brought hindrance in the negotiation progress.



Draft law about Mineral proportion presented
Fr, 19 Jun 2009 18:51:14
S. http://en.news.mn/news/2903.



MPs seek to establish Bayanmongol Corporation
Do, 18 Jun 2009 20:05:52
S. http://en.news.mn/news/2896.



IVN mining license period.
EABUSCH
6/18/2009 6:08:40 PM | Post #27231691
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….

Someone in an earlier posting thought IVN Mining license in Mongolia is for only 8 years. I checked it out with IVN IR and received following confirmation:
QUOTE
• IMMI owns 100% of the Oyu Tolgoi project pursuant to four mining licences issued under the legal process defined in Mongolia’s Minerals Law. The MongolianGovernment granted IMMI mining licences for Oyu Tolgoi on December 23, 2003.
• In accordance with Mongolia’s Minerals Law, the mining licences give IMMI the right to mine within the licence area for 30 years, with an option for IMMI to extend its licences for a further 40 years.
UNQUOTE

[TomCole]

“Two neighbors” blamed for delaying mining agreements
Mo, 22 Jun 2009 15:17:43
S. http://en.news.mn/news/2907.

According to the Mongolian National Mining Association, Senior Democratic Party leader E.Bat-Uul has blamed Mongolia’s “two neighbors” for the delay in reaching an agreement on investments on the two Tolgoi deposits. “We wouldn’t be begging everybody for money if mining there had begun,” he said, adding, “We got to tell the truth to the people. The neighbors do not want to let us out of their control and do not wish western mining giants to work here, as they think that may then allow the governments of the USA, Japan, Australia and such countries to have more influence in Mongolia.”



Video(!):
Tsakhia Elbegdorj talks to 101 East about the challenges facing his country.
POSTED BY AMARSANAA ON JUNE - 22 - 2009
S. http://www.business-mongolia.com/mongolia-government/tsakhia….

Anmerkung:
Hier liegt m.E. Ein Versehen des Autors vor.
Das Video entspricht nicht der Überschrift.
Es enthält eine allgemeine Beschreibung politischer Veränderungen in der Mongoliei (Oyo Tolgoi erwähnt bei 07:53).
S. http://www.youtube.com/watch?v=CpEgFRFKCdE&eurl=http%3A%2F%2….



Nicht neu, nur neu eingestellt bei mongolia-web.com:

Mit Video (!):
Elbegdorj on Bloomberg: Mining in Mongolia
News - Mining
Sunday, 21 June 2009 14:25
S. http://www.mongolia-web.com/mining/2547-elbegdorj-on-bloombe….



[YouTube:]
Mongolia President-Elect Wants To Change Rio Accord - Bloomberg
S. http://www.youtube.com/watch?v=doy427-wk40&eurl=http%3A%2F%2….

[TomCole]

Antwort auf Beitrag Nr.: 37.440.710 von TomCole am 22.06.09 14:38:38

Video-Anmerkung Nr. 1:

In meinem obigen Posting #242 hatte ich 2 Videos angesprochen.

Zu beiden sind Anmerkungen zu machen. Hier geht es um Nr. 1
Video(!):
Tsakhia Elbegdorj talks to 101 East about the challenges facing his country.
POSTED BY AMARSANAA ON JUNE - 22 - 2009

Dazu hatte ich angemerkt, dass hier m.E. ein Versehen des Autors vorliegt.

Nun meine ich, das dazugehörige richtige Video geortet zu haben (mit Oyu Tolgoi bei 5:15 - 9:05), und zwar in:

Elbegdorj interview with Al Jazeera re: OT
EABUSCH
6/22/2009 10:15:19 AM | Post #27237646
S. http://www.stockhouse.com/Bullboards/MessageDetailThread.asp….

This 12 minute interview of the newly elected President of Mongolia, (Elbegdorj), is far more intelligent and cogent than the Bloomberg interview... given that he spoke in Mongolian, the questions are intelligent and quite tough, and the benefits of a Harvard education are rather apparent.... It is amazing that this interview appeared today on AL Jazeera, of all media outlets..

This is the part with Elbegdorj:

http://www.youtube.com/watch?v=-NGENE7ORRA&feature=channel

the Oyu Tolgoy part is close to the middle and end. One must watch the whole thing.

Journalist asks him tough questions, questions on mining and OT.

[TomCole]

Antwort auf Beitrag Nr.: 37.440.710 von TomCole am 22.06.09 14:38:38

Video-Anmerkung Nr. 2:

In meinem obigen Posting #242 hatte ich ferner folgendes Video Nr. 2 angesprochen:

[YouTube:]
Mongolia President-Elect Wants To Change Rio Accord - Bloomberg
S. http://www.youtube.com/watch?v=doy427-wk40&eurl=http%3A%2F%2….

Hierbei handelt es sich um das ominöse Interview des neuen Präsidenten Elbegdorj, das ich erstmals schon in meinem obigen Posting #239 (18.06.09 21:52:18) eingestellt hatte, und für das ich übrigens erst aus dem gesprochenen Text ableiten musste, das es am 18. Juni 2009 aufgenommen worden war.

Zu diesem Interview liegt nun endlich ein Transkript vor (mit leichten Abweichungen und etwas gekürzt):

Interview of newly elected Mongolian President Ts.Elbegdorj
POSTED BY BADRAKH ON JUNE - 22 - 2009
Interview with Stephen Engle from Bloomberg, Ulaanbaatar
S. http://www.business-mongolia.com/mongolia-government/intervi….

Außerdem gibt es zu diesem Interview nun philosophische Betrachtungen eines unbekannten Autoren:

Mind the Mines. Mongolia’s Chess on a Golden Board.
News - Opinion
Monday, 22 June 2009 20:01
S. http://www.mongolia-web.com/opinion/2552-mind-the-mines-mong….

[TomCole]

New Mongolian president could open mining
Published: June 22, 2009 at 11:33 AM
S. http://www.upi.com/Energy_Resources/2009/06/22/New-Mongolian….

Auszug (letzter Satz):
...
Some analysts said the additional delay may be as long as three years.



Elbegdorj announces his team
Mo, 22 Jun 2009 16:54:47
S. http://en.news.mn/news/2920.

Entspricht:

NEW PRESIDENT APPOINTS HIS ADVISORS
2009-06-23 19:20:19
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….



Ming Holden
Freelance nonfiction writer, editor, and grant writer
Posted: June 22, 2009 01:36 PM
Mongolia: A Young and Hopeful Democracy
S. http://www.huffingtonpost.com/ming-holden/mongolia-a-young-a….

[TomCole]

Talks continuing on Oyutolgoi agreement: Kh.Badamsuren
Mi, 24 Jun 2009 20:59:22
S. http://en.news.mn/news/2946.

Asked on Tuesday if Ivanhoe Mines has said it would stop its Oyutolgoi operations if the investment agreement issue is not resolved by September MP Kh.Badamsuren, head of the parliamentary working group on the agreement, refused to give a categorical answer either way. He would only say that talks are on and they are being held in a spirit of urgency.

Badamsuren is a member of the Standing Committee on the Economy that submitted several recommendations and suggestions to the Government on the matter. The Government is now discussing them with the investors. Considering that the final agreement has to benefit both sides, they are trying hard to iron out differences and reach a compromise on most issues.

However, the financial issues, as expected in a business deal, are proving more intractable than others. There is no agreement as yet on how much the Government will get in taxes, in fees and in dividends. How the profits will be shared is also a thorny issue.



MP Kh.Badamsuren, chairman of the working group on amendment of the Mineral Law of Mongolia: Oyu Tolgoi draft agreement negotiation procedure is accelerating.
POSTED BY AMARSANAA ON JUNE - 24 - 2009
S. http://www.business-mongolia.com/mongolia-government/mp-kh-b….



“It’s Not That We are Procrastinating and They are in Hurry,” Expert Say
Written by Administrator
Wednesday, June 24, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Auszug, z.B.:
...
Is there any hope to approve the investment agreement by spring session of the Parliament?

Because of the strong will of the people, as well as government, I believe this agreement will be approved. It seems to me investors are not in a hurry because they have put tough conditions on the agreement. These conditions make me think that they are in a waiting position.
...



Elbegdorj picks advisors from outside DP
Mi, 24 Jun 2009 14:01:07
S. http://en.news.mn/news/2935.

[TomCole]

IMF awards $39 million funding to Mongolia
Thursday, 25 June 2009 13:14
S. http://www.mongolia-web.com/economy/2556-imf-awards-39-milli….

Entspricht:

IMF AWARDS USD39 MILLION FUNDING TO MONGOLIA
2009-06-25 14:42:17
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Minerals price rise pours money into development fund
Do, 25 Jun 2009 14:47:23
S. http://en.news.mn/news/2950.



“We have to take some quick economic decisions,” says S.Oyun
Mi, 24 Jun 2009 20:58:10
S. http://en.news.mn/news/2945.

Auszüge:



... We have political and civil rights but most Mongolians are still in poverty. If you don’t have economic stability your quality of life will be impaired. Now we have to take some economic decisions to develop the country. Development has been halted as politicians have not been able to take important decisions. See, we have been talking about the Oyutolgoi investment agreement for five years without coming to a conclusion.

Of course we have to negotiate carefully but we are not the first country to have an investment agreement. We have to see what other countries did and how they fared and take a quick decision.
...



GERMANY TO HELP TRAIN MEDICAL PROFESSIONALS
2009-06-24 19:18:22
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

DEMBEREL: WE CANNOT ESTABLISH AUTHORITARIAN REGIME IN MINING SECTOR
2009-06-26 15:19:08
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….

Ulaanbaatar, /MONTSAME/ The Mongolian Mining Journal interviewed recently Mr Demberel, the Head of the National Chamber of Commerce and Industry. The full version of the interview is as follows:

Question: The Oyu Tolgoi investment proposal has been sent back to the Government for re-consideration. A working group has been delegated to study a golden share option through which the Government will have right to ownership. The golden share option was previously offered from the National Chamber of Trade and Industry for the Oyu Tolgoi agreement proposal. What is the benefit of having golden shares?

Answer: Initially we proposed this golden share idea for the government policy document of the Minerals Industry Development Plan through the year 2015. When people take golden shares, this is purely a notion of interest and rights. In an emergency situation, when resolutions are made contrary to the right of ownership, the golden share entitles a veto. There are many possible investment options in regard to partnerships of the State and private entities. We can work from this aspect. According to the Constitution and the minerals law, the State is owner of subsoil assets. So the owner can transfer his rights via an exploration license, operation permit, development or investment permits, etc. The main thing is that Mongolia guaranteed its rights to dispose, rather than necessarily stressing 34% or 51%. That is why it is important that we implement the project for making an efficient law where the rights are stated for efficient disposal or transfer. As for the current situation, some bring strange ideas about getting a loan in addition to 34%. Our position is relative to issuing golden shares to sell on the Mongolian stock exchange. We are thinking of studying the option and then introduce our final position. We cannot have a so-called state authoritarian regime because history has proven that such a regime is not efficient at all. Thus, the main principle is РРР or forming a partnership of the State and private entities. The State, as an owner/controller makes a profit, but should not be a sole winner. We should practice the principles of "win- win" or, that is to say, all parties should win.

Q: Nearly five billion USD will be invested for the infrastructure of projects Cooperation of the State with the private sector is coming up to a new level.

A: The country is only beginning to provide a legal basis for PPP or Partnership of the State and private entities. Korean РРР law, for example, is a whole volume with many pages. Mongolia does not need such a thick book or a whole packet of the laws. It should be enough that the main principles are stated in the concept and that laws are made for approval as the Government policy document. A legal basis should be provided for "case by case" implementation. That is to say, a legal basis for enforcing PPP variations on certain projects. There is no need for a proliferation of laws and regulations. Sometimes, things are regulated by a contract or an agreement. It should be sufficient if concepts in principle and other principles should be stated in the general law. The rest can be regulated by an agreement or contract. In that case, making international sample contracts can be helpful. The samples should be explained clearly for which project and in which mining sector it is recommended. Mineral resources are huge in the country and this sect development right; whereas, leasing is for transmission of operational rights. "Development rights" means investment in the deposit area where the initial owner remains the same. Actually our laws on this regard are poorly written.

S.Batbayar
16.06



Some allowances have not been paid for lack of funds
Do, 25 Jun 2009 18:35:26
S. http://en.news.mn/news/2961.



SPEAKER RECEIVES GERMAN DELEGATION
2009-06-25 18:01:35 |
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

Academics charge Government with economic inaction
Fri, 26 Jun 2009 19:04:29
S. http://en.news.mn/news/2973.


Chinalco, Ivanhoe hold preliminary cooperation talks
Fri Jun 26, 2009 9:19am EDT
By Polly Yam
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….

[TomCole]

Demparty group is in meeting
POSTED BY AMARSANAA ON JUNE - 29 - 2009
S. http://www.business-mongolia.com/mongolia-government/dempart….

Auszug:

Demparty group at SGK is in meeting now. The party group will discuss several important issues, including hearing of the working group report on Oyu Tolgoi draft agreement.
...



BCM Mongolia: DP smells a rat, as MPRP focusses on Tavan Tolgoi
Monday, 29 June 2009 12:41
S. http://www.mongolia-web.com/government/2559-bcm-mongolia-dp-….

Auszüge:



The impasse over Oyu Tolgoi has kept the other important issue of Tavan Tolgoi under wraps for long but now there are demands from various quarters in the MPRP, especially its Administrative Council, that work there should begin without much delay, if only to secure the funds to pay citizens the Motherland Grant. The DP, however, sees no reason to change the present sequence of signing agreements.
...



WORLD BANK GRANTS USD 40 MILLION
2009-06-29 16:52:33
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszug:

Ulaanbaatar, /MONTSAME/ Finance Minister S.Bayartsogt and World Bank Country Manager for Mongolia Arshad Sayed signed June 26 agreements on a development policy credit of US$ 40 million for the Mongolia Development Policy Credit (DPC) Program, and an investment credit of US$ 2.0 million for the Strengthening of National Statistical System of Mongolia (MONSTAT) Project.

DPC program is designed to assist the government of Mongolia in managing the current downturn, which was triggered by the collapse of the copper price. The proposed operation has been processed under the International Development Association (IDA) Financial Crisis Response Fast-Track Facility to help the government meet urgent financing needs.
...



Draft agreement on Oyu Tolgoi investment will be signed before Naadam
POSTED BY AMARSANAA ON JUNE - 28 - 2009
S. http://www.business-mongolia.com/mongolia-government/draft-a….

“Oyu Tolgoi draft agreement will be discussed, adopted by the State Great Khural and the Government will be granted with power to sign on it very soon” says an official who is close to the development around the issue. According to his talks, Oyu tolgoi agreement will be adopted before Naadam Festival and the Government might sign on it before the end of July.

Business-mongolia.com reviews that the biggest leverage for this urgency is obviously the global financial recession. Mongolia would have budget deficit of 93 billion MNT (80 million US$) by the end of this year. Therefore, the Government had to cut some of its social welfare expenses, including newly marriage allowance, even child money.

Business-mongolia.com will come with more updates in next two weeks.


Anmerkung:

Naadam
S. z.B. http://de.wikipedia.org/wiki/Naadam.

Auszug:

Naadam (mongolisch Наадам, dt. Spiel oder Wettbewerb) ist das Nationalfest der Mongolei und findet jährlich vom 11. bis zum 13. Juli statt.
...

[TomCole]

Minister D.Zorigt: The main version is ready to submit to the discussion
POSTED BY AMARSANAA ON JUNE - 30 - 2009
S. http://www.business-mongolia.com/mongolia-government/ministe….

Yesterday, MPRP group at SGK held meeting and during this meeting, Minister D.Zorigt made disclosure regarding the current development on OT agreement.

Q: You presented the comments and findings of the Standing Committee on Economy to MPRP group members. What were the comments and reactions of the party group members?

Minister D.Zorigt: In accordance with the comments and findings of the Committee, the signing sides are added. Ivanhoe Mines Inc Co.,Ltd was sole signing side before, but the signing sides are added with Rio Tinto International Holding and Ivanhoe Mines Canada. Also the term of building investment is set at two years, because of the criticism from MPs on raising fund length. Moreover, the clause is added that within five years of time after the raising fund, the factory must be built and operate in its full capacity.

Q: The issues of Energy, Roads and Transportation were unclear. What will be the answer?

Minister D.Zorigt: As for the energy issue, it is true that Mongolia has no resource to provide with even it is stated that the Mongolian side will provide energy after the realization of the project. Also there was criticism in relationship with this issue. Therefore, we added three more resources. Alternatively, the investor side is to build power station within four years or to receive energy from third source. Also another clause is added central power network would provide the energy.

As for the roads, there was the critisizm that Mongolia will take care of maintenance only. Accoridng to this finding, the agreement will be built with the Ministry of Roads, Transport, Construction and Urban Development and its maintenance cost will be provided by the project. As for the water supply issue, local needs, including herders and local usage, will be provided with the water resource of the project.

Q: OT monitoring issue is inevitable. What organization will be in charge?

Minister D.Zorigt: The annual auditing will be made on the project and the report will be submitted to the state institute.

Q: The main version is ready to submit to SGK. What would you say about it?

Minister D.Zorigt: Yes, it is. The newly edited version has clauses that ownership is 34%, full tax imposed, pre-payment increased. The Standing Committee made proposal to own 34% without investment contribution, to increase pre-payment, not to give tax waive. In relationship with this proposal, the new version is submitted for the discussion.

Q: President’s 55% proposal omitted the ownership of 34%. Also, public discussion is all about 55% of profit share. So, is 34% ownership included in the version of 55% of profit share?

Minister D.Zorigt: According to the new version, the pre-payment is increased to 225 million US$ with less interest rate and the profit share of 55%. More clear and precise disclosure will be made after detailed presentation to the party groups at SGK.

Q: Does the new version include the state ownership?

Minister D.Zorigt: No.



JUNIOR MINING
MAJOR SEARCH FUND
Friedland touch ignites Central Australia gold-copper quest
Robert Friedland's Ivanhoe Australia is investing in joint venture exploration programmes with Australian junior Emmerson resources.
Author: Ross Louthean
Posted: Monday , 29 Jun 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=85….



Ivanhoe Australia earmarks A$7m for exploration at Tennant Creek – Emmerson
By: Esmarie Swanepoel
29th June 2009
S. http://www.miningweekly.com/article/ivanhoe-australia-earmar….



Weiteres zu Ivanhoe Australia Limited (ASX: IVA) z.B.:

ASX Announcement,
27 May 2009,
AGM Presentation,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=318517.



PRESS RELEASE
Jun 29, 2009, 6:20 p.m. EST
Entree Gold Exploration Review
S. http://www.marketwatch.com/story/entree-gold-exploration-rev….
Entspricht:
http://pr-canada.net/index.php?option=com_content&task=view&…,
http://www.cnw.ca/fr/releases/archive/June2009/29/c2949.html.

Auszüge:
...
Mongolia

Heruga

The Heruga deposit is situated within the Company's Javhlant licence located immediately south of Ivanhoe Mines' Oyu Tolgoi licence and is located within the Entree-Ivanhoe Mines JV ground.
...
Mongolian Government

In 2008, the Mongolian people returned a MPRP majority to government and S. Bayar was again confirmed as Prime Minister. Several opposition Democratic Party members were invited into the newly formed cabinet. N. Elbegdorj, the Democratic Party candidate, was elected as President in May 2009. Both the Prime Minister and the President have indicated their desire for the successful completion of an Investment Agreement between Ivanhoe Mines and the Mongolian Government. This agreement will allow the Oyu Tolgoi project to advance to production. Negotiations towards the finalization of this agreement are in progress.
...

[TomCole]

Korrektur(!):

Die im vorigen Posting genannte
AGM Presentation
von Ivanhoe Australia Limited (ASX: IVA)
bezieht sich offenbar [irrtümlich seites IVA?]
auf das Annual General Meeting 2008!

Daher besser (!) von der IVA-Website:
Discovery, Drilling & Magic - Peter Reeve (CEO & MD), May 2009
Corporate Presentation
S. http://www.ivanhoeaustralia.com/i/pdf/DDM_Presentation_May_2….

[TomCole]

D.Lundeejantsan sees positive progress on Oyutolgoi agreement
Di, 30 Jun 2009 20:05:08
S. http://en.news.mn/news/3000.

The head of the MPRP group in Parliament, D.Lundeejantsan, told media on Monday that chances of breaking the deadlock over the Oyutolgoi agreement were bright. Nothing is settled, but there has been positive progress, he asserted.

After several months of work there are two clear options now and the group will soon decide which one it favors. One option is for Mongolia to own 34% of the mines, while the other is to own no share but to earn revenue from taxes. Both have risks and ”we need to study them thoroughly”, he said. A choice is difficult as long-term issues of national security are involved.

Asked if the spring session of Parliament will be able to take a decision on payment of the Motherland Allowance or the Treasure Share, Lundeejantsan said the session had plans to discuss 55 issues, and only 10 of them have not yet been taken up, including the draft laws on these. A joint working group of the two parties was established to see if the two drafts could be combined and presented in the autumn session. The MPRP has asked the group to work with a sense of urgency to reach an agreement between the two parties.

Entspricht:
http://www.mongolia-web.com/mining/2564-dlundeejantsan-sees-…




Bayar, Zorigt tell DP MPs about Oyutolgoi agreement
Di, 30 Jun 2009 19:55:55
S. http://en.news.mn/news/2994.

Both Prime Minister S.Bayar and Minister for Minerals and Energy D.Zorigt talked at Monday’s meeting of the DP group in Parliament about the current status of the Oyutolgoi agreement. They also discussed the draft law on the Motherland Allowance Fund initiated by the Government and the one earlier initiated by the DP on Treasure Share. The DP MPs think they can now come up with something new which includes the best things of both drafts. The group also discussed the amnesty law.



PRESIDENT RECEIVES U.S CONGRESS DELEGATES
2009-07-01 17:41:05
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….

Auszüge:


...
Mr Price appreciated Mongolia's active participation in international peacekeeping operations and underlined that Millennium Challenge Account's project will make a significant contribution to the development of Mongolia. He confirmed U.S investors' interest in investing Mongolia's mining sector and said they are waiting an approval of Oyu Tolgoi Agreement.
...



Wirtschaftsnews - 30.06.09
Ivanhoe und Chinalco vor Kooperation?
S. http://www.rohstoffe-go.de/metalle/rohstoffnews/beitrag/id/I….

[TomCole]

DP group agrees to 34 percent ownership of Oyutolgoi
Do, 2 Jul 2009 18:43:58
S. http://en.news.mn/news/3014.

The DP group in Parliament decided at its meeting on Wednesday to agree to Mongolia owning 34 percent of Oyutolgoi. It had earlier set up a working group consisting of MPs N.Batbayar, Ts.Bayarsaikhan and G.Gankhuyag to study the draft investment agreement and this group submitted its report before the decision was taken.



MONGOLIAN FORUM ON CORPORATE SOCIAL RESPONSIBILITY ORGANIZED
2009-07-02 17:15:19
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Auszüge:
...
Ulaanbaatar, /MONTSAME/ The Mongolian National Chamber of Commerce & Industry in cooperation with the UNDP organized the Mongolian Forum on Corporate Social Responsibility (CSR) on June 29, 2009.
...
Large companies like Mobicom, Khan Bank, XacBank and Oyu Tolgoi project which are leading the business sector of Mongolia with their CSR initiatives and efforts introduced the works and activities to be benefited by the society, their own employees, and environment.
...

[Rolex]

was ist denn heute los + 23 Prozent.

Gibt es bald news?

[TomCole]

Ivanhoe shares jump on Oyu Tolgoi funding optimism
Thu Jul 2, 2009 1:28pm EDT
By Cameron French
S. http://ca.reuters.com/article/businessNews/idCATRE5614ZD2009….



Ivanhoe Soars After Rio Tinto Sells Shares to Repay Debt
Last Updated: July 2, 2009 14:37 EDT
By Christopher Donville
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=a7fUv6wF….



Canada Stocks Fall as U.S. Job Cuts Increase; Suncor, TD Drop
Last Updated: July 2, 2009 15:21 EDT
By Matt Townsend and Kayla Carrick
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=aFNf5Zm9….

Auszug:
...
Metal producers also advanced as Ivanhoe Mines Ltd. surged 25 percent to C$8.05, the largest intraday gain since Feb. 19, after the UB Post Web site reported on June 30 that an agreement with the Mongolian government to mine the Oyu Tolgoi copper and gold deposit might be signed by the end of this month. The UB Post said negotiations have sped up because Mongolia needs money as it faces a budget deficit. Ivanhoe’s U.S. shares climbed 24 percent to $6.88 yesterday.

“The market is responding to the fact there is going to be a deal,” said Craig Miller, an analyst for TD Newcrest Inc. in Toronto, who has a “speculative buy” on Ivanhoe shares. “There was a time when the Mongolian government said we’re in no hurry. Now I think the country is hurting.”
...



Ivanhoe Mines surges 23%
7/2/2009 2:39:03 PM | Buzz on the Boards
Reasons for company’s share price move a hot topic of conversation on the company’s Bullboard
S. http://www.stockhouse.com/Community-News/2009/Jul/2/Ivanhoe-….

[TomCole]

03.07.09
Klappt es diesmal wirklich?:
Ivanhoe kurz vor Projektfreigabe in der Mongolei
S. http://goldinvest.de/public/story_detail.asp?l=&c=10,20020&i….
Entspricht:
http://www.4investors.de/php_fe/indexemfis.php?sektion=emfis…
http://www.sharewise.com/news_articles/7608-
http://www.ad-hoc-news.de/einen-kurssprung-ivanhoe-kurz-vor-…



TSX falls on weak U.S. jobs report
By David Pett, The Financial PostJuly 3, 2009 3:10 AM
S.
http://www.thestarphoenix.com/Business/falls+weak+jobs+repor….
Entspricht:
http://www.canada.com/Business/drops+after+disappointing+num…

Auszug:
...
Ivanhoe Mines Ltd. shares jumped 24% as strong demand for a $15.2-billion rights issue by partner Rio Tinto appeared to ease financing concerns for their Oyu Tolgoi copper-gold project in Mongolia.
...



Talk is that Ivanhoe may win approval in Mongolia
Peter Koven, Financial Post Published: Thursday, July 02, 2009
S. http://www.financialpost.com/news-sectors/story.html?id=1753….


Luke Distelhorst/Reuters
Mongolian workers are seen at 551 meters below the surface of the earth while sinking an exploration shaft at the Oyu Tolgoi copper-gold project in southern Mongolia's Khanbogd soum. Ivanhoe has been for more than five years to complete an investment pact with Mongolia to develop Oyu Tolgoi.



Ivanhoe shares surge
By: Liezel Hill
2nd July 2009
S. http://www.miningweekly.com/article/ivanhoe-shares-surge-200….



Nur zu Rio Tinto:

MINING FINANCE / INVESTMENT
RETURNING CONFIDENCE
Strong demand for Rio Tinto rights - Chinalco subscribes in full
Attractive pricing has led to the London element of the world's fifth largest rights issue being taken up almost in full with China's Chinalco taking up its full entitlement.
Author: Denny Thomas (Reuters)
Posted: Thursday , 02 Jul 2009
http://www.mineweb.net/mineweb/view/mineweb/en/page67?oid=85…

[TomCole]

BCM Mongolia Highlight: Final Oyu Tolgoi Demands Almost Ready
Friday, 03 July 2009 15:13
S. http://www.mongolia-web.com/mining/2570-bcm-mongolia-highlig….



A NewsWire Highlight by Business Council of Mongolia:

There is widespread expectation that the impasse over the Oyu Tolgoi investment agreement will be resolved before Naadam. Minister of Minerals and Energy D.Zorigt told the MPRP group in Parliament on Monday that considerable progress has been made in finalizing the position of the Mongolian Government on the issue, on the basis of all the suggestions and recommendations from various quarters, including the Standing Committee on the Economy and the working group set up by Parliament. Informal discussions have continued to be held with the investors and the final Mongolian version, once approved by Parliament, is expected to be then negotiated with bright chances of an early settlement.

The final version of the Mongolian position, to be submitted to Parliament, calls for 34% Mongolian ownership, no tax waiver, and an advance payment of USD225 million with lower interest rates. The demand for a 55% share of the profits has not yet been decided. The Government wants Rio Tinto International Holding and Ivanhoe Mines Canada to be co-signatories along with Ivanhoe Mines Mongolia Inc. Two years will be given to the investors to raise funds and five years to complete all construction and start operating to full capacity.

Since Mongolia does not have the resources to provide all the electricity needed for the project, alternatives have been proposed. Mongolia will build the roads, but their maintenance will be the responsibility of the project. The water supply to the project will be extended to cover the needs of herders and the local population. An annual audit will be made and the report will be submitted to the state auditing authority.

Oyu Tolgoi is currently operated by Ivanhoe Mines (TSX:IVN) and its strategic partner, Rio Tinto (NYSE:RTP).

Source: Business-Mongolia.com




Mongolia & Oyu Tolgoi: Another winter of discontent?
Friday, 03 July 2009 14:49
S. http://www.mongolia-web.com/opinion/2569-mongolia-a-oyu-tolg….



There seems to be a lot of positive sentiments regarding an OT (Oyu Tolgoi) Investment Agreement. But should we really be that optimistic? Chris de Gruben , the Accidental Entrepeneur, puts our feet back on the ground.

by Chris de Gruben

The current session of parliament is closing soon, OT is not on the agenda, Naadam is in less than 2 weeks. The parliament now has to think about changing the deal to a profit sharing instead of equity based deal, a democratic president is trying to influence an MPRP majority parliament into action, political parties have to voice objections, create endless committees and special review groups. And of course, the investors have to find an agreement that they can sign.

I see no quick resolution to this dilema.

In the meantime, Mongolia is at the mercy of the goodwill of foreign nations for ever increasing grants and loans. Every week brings new multimillion dollar loans to Mongolia while it does not seem the country has a clear strategy on how it will pay it back. It is spending money today that it hopes it will make tomorrow, a flawed strategy which sadly puts Mongolia in a weak negotiating position.

Even if, by some miracle, the agreement was to be signed this summer, it will probably be too late for Ivanhoe and Rio Tinto to start real, large scale investments and construction at the OT site and building its infrastructure in UB before the onset of winter.

This means that they will have to wait until next spring to start the heavy investments, thus yet another winter of discontent.

Furthermore, I believe that the OT investment has been blown out of proportion, it is not a magical key that will suddenly resolve all of Mongolia's financial and foreign investment problems, it is only part of a complex solution.

There is more to the recovery than OT, TT is also important but most important of all is what the Mongolian Government will do with the money.

There is constant discussion and clamouring from parliament stating that they want an agreement which brings in as much revenue to the Mongolian people as possible.

Fair enough, but I never hear discussions or strategies being made as to how those revenues will be distributed to the people? The motherland gift is a perfect example of a populist promise made with no thought as to how it will be done, who will pay for it and how it will be fairly distributed.

Will be people get a voice in how the revenues are distributed, will its allocation be transparent or will a major part of revenues be wasted on corruption, useless populist projects, all with the aim of improving the condition of the few against the many? This is what I am interested in, how will the money be allocated, spent and so forth.

I hope the agreement is signed soon, if only to improve the image of Mongolia as a serious country worthy of investments, but sadly it seems that too much time is spent by parliamentarians fighting for personal gains instead of fighting for the good of the people.

It is my strong believe that a democracy which allows its members of parliament to own, manage and have financial interests in the private sector is a flawed system. Public servants should serve the public above and beyond their own financial and personal interests. Providing the temptation to serve their own needs is dangerous as it changes the perspectives of their functions. As Oscar Wilde said: I find that I can resist almost anything except temptation...

[TomCole]

Antwort auf Beitrag Nr.: 37.509.942 von Rolex am 02.07.09 19:45:32

Gibt es bald news?

Hallo Rolex,

vermutlich ja . Auch jetzt schon in Mengen, wie man sieht.

Die jetzigen sind widersprüchlich:

So wird z.B. der gestrige Kurssprung
entweder darauf zurückgeführt, dass Rio Tinto eine Kapitalerhöhung erfolgreich durchgeführt hat,
oder auf die Erwartung, dass die lang angestrebte Investitionsvereinbarung zwischen IVN mit Rio Tinto und der Mongolei bald abgeschlossen wird.

Eindeutig ist m.E. beides nicht. Man kann m.E. nur raten.

In dieser Sache soll der Kurs ja auch in der Vergangenheit schon durch Voraus-Insider-Wissen getrieben worden sein.

In Hinblick auf den Kurs erinnere ich an das Video-Interview mit dem Ivanhoe-Direktor Marc Faber
(vergl. http://www.youtube.com/watch?v=RKQiPu0v5b4&eurl=http%3A%2F%2…),
das Du hier eingestellt hast
(vergl. Postings 196 - 197, s. http://www.wallstreet-online.de/diskussion/1141838-191-200/i…),
und in welchem Marc Faber tippt, dass der IVN-Kurs
- auf ca. 15 - 20 CAD steigen kann, wenn eine Investitionsvereinbarung zustande kommt,
- oder auf ca. 4 CAD fallen kann, wenn eine Investitionsvereinbarung nicht erreicht wird.
(Gestern hat IVN an der TSX mit 8,00 CAD geschlossen.)

Eine momentan entscheidende Schwierigkeit liegt m.E. darin, dass die geplante Investitionsvereinbarung der Zustimmung des Parlamentes bedarf, und dass (so weit ich weiß) der offizielle Schluss der Frühjahrssitzungsperiode des Parlamentes am 1. Juli 2009 war. Somit müsste die parlamentarische Arbeit daran m.E. auf die nächste Sitzungsperiode ab Oktober 2009 verschoben werden.

Allerdings ist inzwischen in einigen der hier eingestellten Meldungen davon die Rede, dass ein Beschluss über die Investitionsvereinbarung bis Naadam herbeigeführt werden soll.
(Anmerkung: Naadam s. z.B. http://de.wikipedia.org/wiki/Naadam:
...
Naadam (mongolisch Наадам, dt. Spiel oder Wettbewerb) ist das Nationalfest der Mongolei und findet jährlich vom 11. bis zum 13. Juli statt.
...)

Auch sind Äußerungen zu finden, dass die Beratungen über die Investitionsvereinbarung über diesen Termin hinaus bis in die parlamentarische Sommerpause hinein ausgedehnt werden können.

So bleibt uns also wieder nur, die weitere Entwicklung abzuwarten.

Beste Grüße,
Tom

[TomCole]

Ivanhoe may be close to getting approval from Mongolia--or maybe not
David Pett, Financial Post Published: Saturday, July 04, 2009
S. http://www.financialpost.com/story.html?id=1758451.

Once bitten, twice shy, is an idiom lost on Ivanhoe Mines Ltd. investors as shares in the miner climbed 36% this week on yet another round of rumours that Ivanhoe is days from getting approval for its flagship copper-gold deposit in Mongolia. In recent days, the Mongolian press has strongly suggested that an agreement between Ivanhoe and the government could be reached before the Nadaam festival, which begins on July 11. Further fuelling the speculation, notes Desjardins Securities analyst John Redstone, is the fact that Rio Tinto PLC, a strategic investor in Ivanhoe's Oyu Tolgoi mine, has finalized its US$15.2-billion rights issue. But having been down this road many times before, Mr. Redstone warned clients that "in the event an agreement is not concluded by the end of July, further proceedings would have to wait for parliament to reopen in October."



Importance of Mongolia Public Private Partnership
Saturday, 04 July 2009 14:44
S. http://www.mongolia-web.com/government/2572-importance-of-mo….

Auszüge:


...
By Business Council Mongolia

Mr. L.Zorig, Vice Chairman of the National Development and Reform Committee, feels that public-private partnership (PPP) will be very important in the plans being formulated for a comprehensive development of infrastructure in the mineral deposits locations in the southern parts of the country. The plan includes construction of energy facilities, roads, railways, water supply, property maintenance, urban planning and port development and is estimated to cost USD5 billion before mining in Oyu Tolgoi, Tavan Tolgoi, Tsagaan Suvarga and Nariin Suhait can properly begin.
...
Undesnii Shuudan
...



Minerals Prices Rise, Development Fund Gets Rich
Written by Administrator
Friday, July 03, 2009.
s. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Finance Minister S.Bayartsogt told journalists on Wednesday that the Mongolian Development Fund, almost empty until recently, now has MNT72.9 billion, thanks to increasing global prices of gold and copper. Flush again, the Government has decided to spend MNT47 billion on the children’s allowance, MNT12.9 billion on paying road construction companies, MNT25 billion on apartments for war veterans, and MNT3.5 billion on rural development.

(Source: Ardiin Erkh, June 29, 2009)



Trading Day: TSX glides to a flat finish with Teck providing the excitement on U.S. market holiday
By Gregory Thomas, Vancouver Sun columnistJuly 3, 2009
S. http://www.vancouversun.com/business/Trading+glides+flat+fin….

Auszug:
...
Another Vancouver-based copper company, Ivanhoe Mines, added 32 cents or four per cent, to $8.32, extending gains for the week to 25 per cent. A newspaper in the capital of Mongolia reported that the government there is close to finalizing a deal with Ivanhoe to grant a mining permit for Oyu Tolgoi, the world’s biggest undeveloped copper deposit.

Ivanhoe’s second-biggest shareholder, British-Australian mining giant Rio Tinto completed a $15.2-billion US rights offering this week, putting Rio on a more solid footing to carry its share of development costs.
...



Canadian Stocks Advance, Trimming Weekly Decline, as Teck Jumps
Last Updated: July 3, 2009 16:22 EDT
By Matt Townsend
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=apt30jho….

Auszug:
...
Ivanhoe Mines Ltd. surged for a second day, gaining 4 percent to C$8.32, after the UB Post Web site reported that an agreement with the Mongolian government to mine the Oyu Tolgoi copper and gold deposit might be signed by the end of this month. The shares gained 24 percent yesterday.
...



Nur zu Rio Tinto:

WHATS NEW
TRADING HALT
Rio Tinto wraps up world's fifth-largest rights issue
Following yesterdays' announcement of the successful sale of the London tranche of the huge Rio Tinto rights issue, today has seen the successful completion of the Australian end.
Author: Reuters
Posted: Friday , 03 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=85….

[TomCole]

Some excerpts from an unofficial meeting of Prime Minister S.Bayar with media representatives
POSTED BY AMARSANAA ON JULY - 6 - 2009
S. http://www.business-mongolia.com/mongolia-government/some-ex….

Q: The most eagerly awaited issue is Oyu Tolgoi agreement. Can the draft agreement be model to its following agreements?

S.Bayar: Situations changes everywhere, so it cannot be exact sample for the other agreements. But I believe that it can create the certain criterion. We have very wrong system of adopting agreement by parliament. It is very hard and unclear for these 76 MPs who will receive the responsibility. Instead, if the Government receives the responsibility, then there will be clear to judge who was right or wrong. We are talking about OT for last five years. Nowadays, things are changed within 5 months. I would like to have the Government that has power to conclude the agreement instead of SGK.

Q: There is wide criticism that the joint Government is lagging on OT draft agreement.

S.Bayar: I have been Prime Minister for 19 months. Most of this period was under pressure from the world economy recession. I don’t agree with the political situation that derived fro the joint government. I am happy that we have joint government in this hard time. Otherwise, no decision can be made through this dark political confrontation.



Bayar wants joint government to continue
Mo, 6 Jul 2009 17:04:06
S. http://en.news.mn/news/3031.

Auszüge:


...
Regarding the Oyutolgoi agreement he said, “We have been negotiating for five years and now the final decision is with Parliament. It will have to approve the investment agreement and authorize the Government to sign it. It is the joint responsibility of all MPs to make sure that the agreement is the best for the country.”
...



DALE CHOI'S BLOG AND LIFE
Monday, July 6, 2009
PRIME MINISTER: GOVERNMENT SHOULD HAVE THE RIGHT TO ESTABLISH AND ADOPT INVESTMENT AGREEMENT ON ITS OWN
S. http://uclalum.blogspot.com/.



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
Juni bis 5. Juli 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009jul1.htm.

Auszug:
...
Unterzeichnung des Oyutolgoiabkommens noch vor Naadam?

Nachdem die MRVP-Fraktion am 29. Juni dem von den Abgeordneten Bud und Badamsuren vorgelegten Entwurf des Oyutolgoiabkommens mit Ivanhoe Mines und dem darin enthaltenen 34-Prozent-Eigentumsanteil für die Mongolei zugestimmt hatte, stimmte auch die DP-Fraktion auf ihrer Sitzung am 01. Juli dem Vorschlag zu.

Allerdings gäbe es noch Diskussionsbedarf bezüglich des Aktienhandels, der Steuererleichterungen, der Vorauszahlungen an den mongolischen Staat, der Laufzeit.

Präsident Elbegdorj forderte in einem Interview, das er dem Nationalen Fernsehen am 01. Juli gab, den Bären endlich zu erlegen, dessen Fell schon seit Jahren verteilt würde.

Noch vor der Sommerpause der Staatsversammlung sollte der Vertrag über Oyutolgoi unterzeichnet werden.

Der Regierung ist sehr daran gelegen, dass Oyutolgoi endlich in Betrieb genommen werden kann. Das Haushaltsdefizit wird am Ende des Jahres 93 Milliarden Tugrug betragen, die Regierung plant die Kürzung der Ausgaben für junge Ehepaare von 500 000 Tugrug auf unter 250 000, auch die einmalige Kindergeldzahlung von 100 000 Tugrug soll drastisch gekürzt werden.
...

Anmerkung zu „Tugrug“ (s.o.):
[Vergl. auch http://de.wikipedia.org/wiki/T%C3%B6gr%C3%B6g]
Währungskürzel (ISO-Code): MNT
Währungskurs, heute (06.07.2009):
S. http://de.finance.yahoo.com/currency-converter#from=EUR;to=M…:
1.00 EUR entspricht 1981,8131 MNT
1000 MNT entsprechen 0,5046 EUR



HOME > POLITICAL ECONOMY
POLITICAL ECONOMY
WILL TAVAN TOLGOI BE CONSIDERED AS WELL?
Mongolian Parliament could consider huge Oyu Tolgoi copper-gold project this week
Despite delays and the election of a new Mongolian President, rumors say the Mongolian Parliament may consider the Oyu Tolgoi agreement as soon as this week.
Author: Dorothy Kosich
Posted: Monday , 06 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….



By-election date likely to be announced this week
Mo, 6 Jul 2009 18:41:17
S. http://en.news.mn/news/3037.
Auszug: ... However, as Parliament will go into recess this week, ...



State to build house for ex-president N.Enkhbayar
Mo, 6 Jul 2009 18:38:20
S. http://en.news.mn/news/3035.

[TomCole]

Ivanhoe Mines Ltd. (USA) (NYSE:IVN) is the Highest Percentage Gainers Among NYSE Stocks During Morning Trading Hours
S. http://www.emailwire.com/release/24465-Ivanhoe-Mines-Ltd-USA….

Auszug:
...
(EMAILWIRE.COM, July 07, 2009 ) New York, NY - PennyStockPickAlert is pleased to alert investors of stocks on the move.

Ivanhoe Mines Ltd. (USA) (NYSE:IVN) is one of the top percentage and volume gainer and surged over 7.94% at $8.02 on 1.20 million shares. In the last few trading sessions, the stock gained over 40%. According to Canadian Financial Post on July 07, 2009, another political deadline is looming for Ivanhoe Mines Ltd. to win approval for its flagship copper-gold deposit in Mongolia. Ivanhoe Mines Ltd. is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia.
...



Ivanhoe Mines (IVN) Trend Change Alert: 17.7% Move in 5 Days
Tue. July 07, 2009; Posted: 10:45 AM
S. http://www.tradingmarkets.com/.site/news/Stock%20News/240833….

Auszüge:

Jul 07, 2009 (SmarTrend(R) Spotlight via COMTEX) -- IVN | Quote | Chart | News | PowerRating -- SmarTrend's proprietary algorithms detected bullish price action on shares of Ivanhoe Mines (NYSE:IVN) which generated an Uptrend alert on July 02, 2009 at $6.68.

Since the alert, IVN has trended 17.7% higher as of today's recent price of $7.86.
SmarTrend is actively monitoring Ivanhoe Mines for any change in trend direction.
...
For full details on Ivanhoe Mines Ltd (IVN) click here. Ivanhoe Mines Ltd (IVN) has Short Term PowerRatings of 3. Details on Ivanhoe Mines Ltd (IVN) Short Term PowerRatings is available at This Link.



BUYINS.NET: CFSG, IVN, AEIS, IRE, OVTI, JAZZ. Top Gainers With Lowest Price Friction In Morning Trade Today
Tue. July 07, 2009; Posted: 11:39 AM
S. http://www.tradingmarkets.com/.site/news/Stock%20News/240854….

Auszüge:

Jul 07, 2009 (M2 PRESSWIRE via COMTEX) -- OVTI | Quote | Chart | News | PowerRating -- BUYINS.NET, www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for July 7, 2009. Since late October market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This afair market makinga requirement is designed to prevent market makers from manipulating stock prices. Here is a list of the top companies with the largest gains this morning and lowest price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. China Fire and Security Group (NASDAQ: CFSG), Ivanhoe Mines (NYSE: IVN), ...

Market Maker Friction Factor is shown in the chart below:
Symbol Change % BuyVol Buy% SellVol Sell% NetVol Friction
CFSG $0.64 5.75% 20,989 64.24% 11,682 35.76% 9,307 145
IVN $0.61 8.21% 782,068 49.91% 602,264 38.43% 179,804 2,948
...
Click here to view chart: http://www.buyins.com/ff/ffrttopg7-7-09-4.jpg
Analysis of the Friction Factor chart above shows that each of the six stocks mentioned above have high net dollar gains (Change) and very low price friction in their stocks. The Friction Factor displays how many more shares of buying than selling are required to move a stock higher by one cent or how many more shares of selling than buying moves a stock lower by 1 cent.
For example, the chart above shows CFSG with a dollar gain this morning of +$0.64 and a Friction Factor of 145 shares. That means that it only takes 145 more shares of buying than selling to move CFSG higher by one penny. The Market Makers are currently allowing the stock to rise quickly (low friction). The combination of low friction and positive market direction can drive prices higher much faster than normal.
...
Ivanhoe Mines Ltd. (NYSE: IVN), through its subsidiaries, operates as a mineral exploration and development company. Its principal mineral resource property is the Oyu Tolgoi copper and gold project in Mongolia. The company also holds interests in various mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi coal mine in Mongolia; the Cloncurry project for the exploration and development of copper, gold, and uranium in Queensland, Australia; and the Bakyrchik gold project in Kazakhstan. It has a joint venture agreement with Omico Corp. to explore and develop a gold and copper project in the northern Philippines. The company was formerly known as Indochina Goldfields Ltd. and changed its name to Ivanhoe Mines Ltd. in June 1999. Ivanhoe Mines Ltd. was founded in 1994 and is headquartered in Vancouver, Canada.
...

[TomCole]

SouthGobi Energy Resources Achieves Record Coal Sales
8:31 AM ET, July 7, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

HONG KONG, CHINA, Jul 7, 2009 (Marketwire via COMTEX) -- Alexander Molyneux, President of SouthGobi Energy Resources Ltd. (SGQ), announced today that a new monthly sales record of 231,566 tonnes of coal was set in June at the company's Ovoot Tolgoi mine in southern Mongolia.

June coal sales record

June sales more than doubled the previous monthly record. Major factors contributing to the record were the signing of new customer contracts, mobilization by customers of larger truck fleets to transport Ovoot Tolgoi coal and continued enhancement of operations at the Shivee Khureen (Ceke) border crossing between Mongolia and China.

"The June sales success demonstrates the strength of the market in China for SouthGobi's coal and confirms that the logistical capacity exists to move large tonnages across the border," Mr. Molyneux said. "It's particularly pleasing to see that with June's contribution our total sales for the second quarter of 2009 are around three times greater than our sales for the first quarter - and we're now focused on further growth."

Round-the-clock production begins at Ovoot Tolgoi

With the increasing sales rate and a reduction in its coal inventory to less than 700,000 tonnes, SouthGobi has initiated a plan to utilize full mining capacity at Ovoot Tolgoi. Since July 1, 2009, the existing mining fleet has been operating 24 hours a day, seven days a week. In addition, SouthGobi expects to have its second mining fleet commissioned in October of this year. The company is targeting coal production of 1.1-1.3 million tonnes in the second half of this year.

About SouthGobi Energy Resources

SouthGobi Energy Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region and its Eocene-age metallurgical and thermal coal deposits in East Kalimantan, Indonesia. The company's flagship coal mine, Ovoot Tolgoi, is selling coal to customers in China. The company plans to supply a wide range of coal products and electricity to markets in Asia.

Ivanhoe Mines (IVN)(US:IVN)(US:IVN) is SouthGobi Energy Resources' largest shareholder, currently owning, directly and indirectly, approximately 80% of the issued and outstanding shares.

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, the company's plan to expand production, the expected timing for the commissioning of the company's second mining fleet, the company's future ability to supply coal products and electricity to markets in Asia, and other statements that are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should", and similar expressions are forward-looking statements. Although SouthGobi Energy Resources believes that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in SouthGobi Energy's Management's Discussion and Analysis of Financial Condition and Results of Operations for the year end Dec. 31, 2008, which is available at www.sedar.com.

SOURCE: SouthGobi Energy Resources Ltd.

SouthGobi Energy Resources Ltd. - Investors
Steven Feldman
604-681-6799
SouthGobi Energy Resources Ltd. - Media
Bob Williamson
604-681-6799
www.southgobi.com

[TomCole]

The State Great Khural is to discuss the draft agreement on Oyu Tolgoi project
POSTED BY AMARSANAA ON JULY - 7 - 2009
S. http://www.business-mongolia.com/mongolia-government/the-sta….

The Standing Committee on Economy of SGK held meeting and resolved to present the draft agreement to SGK session.

There were quite many negative comments on the agreement such as some MPs criticized that the Government failed to acquire 34% of OT free or project without payment. For example, MP L.Gundalai said that 30 years of agreement term will hurt the National Security of Mongolia. The Speaker said that no country in the world has built such an agreement with 30 years of term.

But most of MPs decided to present the agreement to SGK session. SGK session starts on Thursday and continues on Friday.



Party group chairmans say OT agreement will be discussed
POSTED BY AMARSANAA ON JULY - 7 - 2009
S. http://www.business-mongolia.com/mongolia-government/party-g….

Demparty group chairman Ch.Saikhkanbileg:

…Our party group held meeting and discussed nine issues, including the draft agreement on Oyu Tolgoi project. We discussed this issue last week and now decided to discuss it through SGK. We made decision to grant the power to sign on the agreement to the Government. This decision was made based on the two alternatives from the Government.

First was the Mongolian state to own 34% of Oyu Tolgoi and the second was not own but applicable impose taxes. The first version has received major support. But this alternative was supported with few fundamentals.

Such as Mongolia should reserve the right to automatically cancel the agreement if IVN fails to fulfill its investment commitment or investor grants or transfers its share or equity to the third party without prior notification to the Mongolian side, 34% ownership payment can be decided not only by IVN or Mongolia can find its resource for the ownership of 34%.

Also over billion US$ investment in the past must be audited by internationall recognized auditing company…

MPRP group chairman D.Lundeejantsan: The main version will be supported

…Today’s main issue was OT draft agreement.MPs supported the main version of the Government. The second version was very detailed and seriously discussed by the group meeting. The spring session concludes before Naadam, but it is obvious now to solve this issue, MPs and party groups have to work under pressure. I can’t say that it would have break before Naadam…



DP group agrees to 34% ownership, wants other changes
Di, 7 Jul 2009 19:09:05
S. http://en.news.mn/news/3045.

Auszug:

The Head of the DP group in Parliament, Ch.Saikhanbileg, has said that the meeting of the group on July 1 accepted the draft Oyutolgoi investment agreement giving Mongolia 34 percent share of the mine. The Mongolian party will have the right to cancel the contract if the project does not begin within two years.

The DP group wants the agreement to give the Mongolian Government the right to cancel the agreement if the investing side transfers its share to a third party without proper notice.
...



MPRP group discusses 10 issues
Tue, 7 Jul 2009 19:08:00
S. http://en.news.mn/news/3044.

Auszug:

The MPRP group in Parliament discussed 10 issues at its meeting on Monday, according to its head, D.Lundeejantsan. It approved the proposal in the draft

Oyutolgoi agreement for the Government to own 34 percent share in the project.

Lundeejantsan said his group had presented its suggestions on the draft to the Standing Committee on the Economy in April. The committee made 60 changes in the draft. Now it should make a final review and then present it to Parliament. ...



Spring session could resume after Naadam
Di, 7 Jul 2009 17:08:37
S. http://en.news.mn/news/3041.

With several important draft laws awaiting discussion the Speaker has held discussions with his Council about continuing with the spring session after Naadam. Among the drafts not discussed so far are those on the motherland allowance, the amnesty, compensation for July 1 sufferers, and the mortgage.



Talk is That Ivanhoe May Finally Win Approval in Mongolia
Written by Dale Choi
Tuesday, July 07, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Vergl. Posting #257,
Talk is that Ivanhoe may win approval in Mongolia
Peter Koven, Financial Post Published: Thursday, July 02, 2009
S. http://www.financialpost.com/news-sectors/story.html?id=1753….



Prime Minister: Government Should Have The Right to Establish and Adopt Investment Agreement on Its
Written by Administrator
Tuesday, July 07, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Vergl. Posting #261,
DALE CHOI'S BLOG AND LIFE
Monday, July 6, 2009
PRIME MINISTER: GOVERNMENT SHOULD HAVE THE RIGHT TO ESTABLISH AND ADOPT INVESTMENT AGREEMENT ON ITS OWN
S. http://uclalum.blogspot.com/.

[TomCole]

OT agreement goes to Parliament
Mi, 8 Jul 2009 13:27:31
S. http://en.news.mn/news/3046.

The Standing Committee on the Economy decided after a meeting on Tuesday afternoon to submit the final version of the draft investment agreement on Oyutolgoi to Parliament. Both the MPRP and the DP groups in Parliament had earlier announced their acceptance of the provision that the Mongolian Government would own 34 percent shares in the project. Unless Parliament decides otherwise, and the chances of that are almost non-existent, this ends the debate on whether Mongolia should have stakes in the project or will insist on revenue from taxes and profits only.

The committee sought a more reliable estimate of the total reserves of Oyutolgoi but did not get a satisfactory report. The Mining Authority put them at 22 million tons of copper and 800 tons of gold but said the copper reserves could turn out to be 20 million tons more. Some independent experts said Oyutolgoi has 38 million tons of copper and 1,000 tons of gold.

Several members of the committee were not happy that the initial agreement would be for 30 years, at the end of which it could be extended. Minerals and Energy Minister D.Zorigt explained that the investors were firm in rejecting the suggestion that the initial term of the agreement should be for 15 years, after which the Mongolian share would be raised from 34 percent.

The MPs in the committee wanted to change the provision of the draft that says Ivanhoe Mines Mongolia Inc does not have to sell any of the mined gold in Mongolia. They wanted at least a part to be sold to Mongolbank. The Minister said this could be done only after a processing plant had been built.

Goldman Sachs has estimated that the Oyutolgoi project will make a profit of USD29 million in 2010, of USD105 million in 2011, and of USD89 million in 2012. If a processing plant is built, the profits will be USD240 million in 2013, USD578 million in 2014, USD2.3 billion in 2018, and USD3.2 billion in 2019.



BREAKING NEWS: MONGOLIAN PARLIAMENT SUPPORTS OYU TOLGOI INVESTMENT AGREEMENT
Written by Dale Choi
Tuesday, July 07, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Majority Leader D.Lundeejantsan of Mongolian People's Revolutionary Party and Minority Leader Ch.Saikhanbileg of Democratic Party have jointly made a following statement to press yesterday. Mr. Lundeejantsan said that MPRP faction in united fashion supports the main version of the agreement with Mongolian party owning 34% equity stake. According to influential Mongolian daily " Ardyn Erkh", Economic Standing Committee will submit the issue formally to the Parliament. Minority Leader Mr. Saikhanbileg said that DP faction has decided to authorize the Government to sign the agreement.

DP faction has also supported version of the agreement that provides 34% equity stake for Mongolia. The agreement is subject to cancellation if the project implementation is not started in two years. MPs are united in belief that it is right to resolve the issue because Mongolian people have waited for long. In total, six years have been lost. MPs have told the Government to ask for interest rate less than 9 per cent. Also will be discussed is amount of prepayment whether it will be USD125M or USD225M. 68 per cent Windfall Profit Tax is to be renamed as Resource Exploitation Fee.

According to leading Mongolian daily " Unuudur", DP faction supports the agreement with four conditions such as : agreement is subject to cancellation if the project investment is not started within two years, Mongolia will have a right to cancel the agreement if investor side decided to transfer its shares without informing Mongolian side. The investment is to be audited by international organization. Also Mongolia reserves the right to find 34 % equity investment from others sources than Ivanhoe Mines. DP faction has decided to give right to the Government to sign the agreement before Naadam. According to major Mongolian daily " Zuuny Medee", Minority Leader Ch.Saikhanbileg has said that there is an opportunity to make agreement with China to get loan with interest rate less than 9 per cent. 2-3 kinds of the taxes have been eliminated. ( Source: Ardyn Erkh, Unuudur, Zuuny Medee, July 7)

Dale Choi is market commentator of Frontier Securities



Oyu Tolgoi speculation boosts Ivanhoe Mines stock
Tue Jul 7, 2009 10:42pm BST
S. http://uk.reuters.com/article/idUKN079247020090707?sp=true.



Ivanhoe Mines Ltd (USA) (NYSE:IVN) Was The Most Active On NYSE
Tenet Healthcare Corporation (NYSE:THC) and Aetna Inc (NYSE:AET) Round Out Top Three Volume and Percentage Gainers
(EMAILWIRE.COM, July 07, 2009 ) New York, NY - PennyStockPickAlert is pleased to alert investors of stocks on the move.
S. http://www.emailwire.com/release/24476-Ivanhoe-Mines-Ltd-USA….

Auszug:

Ivanhoe Mines Ltd (USA) (NYSE:IVN) gained 11.4% to $8.28.The stock surged on high volume of 9.06 million shares. The 52 week range of the stock is $12.60 and $1.55.In the last one month, the return was 44.25%. Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region
...



TSX tumbles despite signs of economic turnaround
By Gregory Thomas, Vancouver SunJuly 7, 2009 9:01 PM
S. http://www.vancouversun.com/Business/tumbles+despite+signs+e….

Auszug:
...
Vancouver-based Ivanhoe Mines continued to defy gravity, shooting higher for a fifth-straight session after newspaper reports from Mongolia suggested that the government there is close to granting final approval for the company’s Oyu Tolgoi copper project.

Ivanhoe shot up 95 cents, or 11 per cent Tuesday, to close at $9.56, after trading as high as $10.06 with half an hour remaining in the session. The stock finished June at $6.45 after hitting a six-year low of $2.06 last October.
...



Ivanhoe Mines Ltd. (USA) (NYSE:IVN) – Today’s First Hour Top Percentage Mover
Dallas, TX 7.07.2009 02:33 GMT (TransWorldNews)
S. http://www.transworldnews.com/NewsStory.aspx?id=99949&cat=8.

Auszug:
...
According to Canadian Financial Post, another political deadline is looming for Ivanhoe Mines Ltd.(NYSE: IVN) to win approval for its flagship copper-gold deposit in Mongolia, and there is growing speculation from investors it may actually happen this time. Ivanhoe shares jumped 24 percent to US$8.00 on Thursday (the biggest gain since Feb. 5) a day after they posted big gains in New York. It follows reports out of Mongolia that parliament could sign off on an investment agreement to develop the giant Oyu Tolgoi project this month, before it goes on holiday.

After touching an intraday high of $8.15 in an opening trade, the Stock is currently trading at $7.92 moved up about 6.50% on over 1.80 million shares. In the last 52-week, the stock has been trading within a range of $12.60-$1.55.

About Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi Coal Mine, located in Mongolia; the Cloncurry Project, located in Queensland, Australia, and the Bakyrchik gold project, located in Kazakhstan. In May 2008, IVN completed the sale of its controlling stake in Jinshan Gold Mines Inc. (Jinshan) to China National Gold Group Hong Kong Ltd. (China National).
...





New book release: Germinal by Zola
Tuesday, 07 July 2009
S. http://www.miningmongolia.mn/en/index.php?option=com_content….

Entspricht:
Germinal published in Mongolian - A french version of the Mongolian Mining Struggle
News - Books
Wednesday, 08 July 2009 10:23
S. http://www.mongolia-web.com/books/2577-germinal-published-in….

[TomCole]

Investment agreement on OT project is discussed Friday, July 8 2009
POSTED BY AMARSANAA ON JULY - 8 - 2009
S. http://www.business-mongolia.com/mongolia-government/investm….

Tomorrow, the Investment agreement on OT project will be discussed by the State Great Khural. It might be discussed closed to media, some sources confirm. There around 10 MPs are against already the approval and the same size is for the aprroval of the agreement. The rest of MPs are remain unclear.

Business-mongolia.com will be close to the development and report it from SGK session.



Parliament to sit next week, too
Mi, 8 Jul 2009 18:40:08
S. http://en.news.mn/news/3051.

Deputy Speaker N.Enkhbold has confirmed that Parliament will continue its spring session after Naadam, instead of going into recess on July 10. It will not be possible to finish all the pending work this week, and so Parliament will sit until Thursday or Friday next week.

Among the draft laws still to be discussed are those on budget revision, the Oyutolgoi investment agreement, the amnesty, the compensation for July 1 sufferers, the by-election, and appointing new ambassadors. If they are not approved in this session, the Government will face procedural problems.


Bild von http://en.news.mn/home, Donnerstag, 9 Juli, 2009



Entrée Gold compiling results of spring explorations
Mi, 8 Jul 2009 16:19:47
S. http://en.news.mn/news/3048.

[TomCole]

CANADIAN INVESTORS OBSERVES MONGOLIA
2009-07-08 21:50:19
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Ivanhoe confirms Oyu Tolgoi agreement approved by political leaders: analyst
Posted: July 08, 2009, 7:45 AM by Jonathan Ratner
S. http://network.nationalpost.com/np/blogs/tradingdesk/archive….



Entspricht:
Ivanhoe says Mongolian leaders back deal
Jonathan Ratner, Financial Post Published: Wednesday, July 08, 2009
S. http://www.financialpost.com/story.html?id=1770589.



Ivanhoe Mines Appoints Jean Chretien, Former Canadian Prime Minister, as Senior International Adviser
8:38 AM ET, July 8, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

VANCOUVER, BRITISH COLUMBIA, Jul 8, 2009 (Marketwire via COMTEX) -- Robert Friedland, Executive Chairman of Ivanhoe Mines (IVN)(US:IVN)(US:IVN), today announced the appointment of the Right Honourable Jean Chretien, the 20th Prime Minister of Canada, as senior international adviser to the company.

Mr. Chretien has been active in Canadian and global development circles as a lawyer with the Canada-based international law firm, Heenan Blaikie, since retiring as Prime Minister and leader of the Liberal Party of Canada in 2003. He entered national politics in 1963 and served three terms as Prime Minister of Canada between 1993 and 2003.

During his long parliamentary career, Mr. Chretien held a succession of senior cabinet posts in the Canadian Government, including Minister of Finance, Minister of Justice and Attorney General, Minister of Energy, Mines and Resources and Minister of Industry, Trade and Commerce.

"Jean Chretien was instrumental in advancing relationships between many Canadian businesses and rapidly industrializing China and its neighbour nations through his hands-on, prime ministerial leadership of a series of successful Team Canada trade development missions," said Mr. Friedland.

"He helped Canadians realize the promise of their destiny as a Pacific Rim nation founded in part on Canada's history as a central link in the maritime Silk Road that connected Asia with the Americas and Europe. Ivanhoe Mines is focused on mining, development and exploration projects in the Asia Pacific region, including Mongolia, China, Australia, Indonesia, Kazakhstan and the Philippines. We believe that Mr. Chretien's experience and knowledge will be a prime asset in assisting the Ivanhoe companies to continue to build their businesses through opportunities that will be encountered in the energy and mineral resource sectors around the world during what is becoming the Asian Century."

Ivanhoe Mines is an international mining and exploration company. Its shares are listed on the Toronto, New York and NASDAQ stock exchanges under the symbol IVN. The company's core assets are its world-scale Oyu Tolgoi copper and gold mine development project in southern Mongolia, its large shareholdings in Mongolian coal miner SouthGobi Energy Resources (SGQ) and in Ivanhoe Australia (ASX:IVA), which has reported significant discoveries of molybdenum, rhenium and copper.

Mr. Chretien will provide advisory services to Ivanhoe Capital Corporation's affiliates through a contract with Global Mining Management, a private service company based in Vancouver, Canada. Global Mining is jointly owned by several companies, including: Ivanhoe Mines Ltd. and its subsidiaries, SouthGobi Energy Resources Ltd. and Ivanhoe Australia Ltd.; as well as Ivanhoe Energy Inc. and the privately-held Ivanhoe Nickel & Platinum Ltd.

SOURCE: Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-8323
Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-331-9880
www.ivanhoemines.com



Jean Chretien is getting in to the energy business
Eric Lam, Financial Post Published: Wednesday, July 08, 2009
S. http://www.financialpost.com/story.html?id=1770880.

[TomCole]

Ivanhoe Mines Ltd.: Statement Regarding Oyu Tolgoi Draft Investment Agreement
1:36 PM ET, July 8, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

VANCOUVER, BRITISH COLUMBIA, Jul 8, 2009 (Marketwire via COMTEX) -- Ivanhoe Mines (IVN)(US:IVN)(US:IVN) is aware of a number of news reports and commentaries published in Mongolia and in some international media in recent days that have speculated on developments regarding the status and provisions of the revised draft Investment Agreement for Ivanhoe Mines' Oyu Tolgoi copper-gold project in Mongolia. Ivanhoe Mines cautions that a number of the reports include inaccurate or incomplete information on important details and should not be relied upon by investors.

SOURCE: Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-8323
Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-331-9880
www.ivanhoemines.com

[TomCole]

Oyu Tolgoi draft agreement heads to Mongolian Parliament
By: Liezel Hill
8th July 2009
S. http://www.miningweekly.com/article/main-mongolia-parties-ok….



UPDATE 2-Main Mongolia parties OK Oyu Tolgoi plan -source
Wed Jul 8, 2009 2:18pm EDT
* Current proposal gives Mongolia 34 pct stake in project
* Does not envisage windfall gains tax (Updates with company comment, share price)
By Euan Rocha
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….



Schaeffer's Daily Option Blog
Speculation Sparks Front-Month Option Activity on Ivanhoe Mines Ltd. (IVN)
7/8/2009 11:22 AM
S. http://www.schaeffersresearch.com/commentary/optionbytes.asp….



Die IVN-Meldung in Posting #267 (s.o.) war:
„Ivanhoe Mines Appoints Jean Chretien, Former Canadian Prime Minister, as Senior International Adviser“ (8:38 AM ET, July 8, 2009)
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h…

Weiteres Presse-Echo darauf:

Ivanhoe hires former PM Chretien as 'international adviser'
By: Liezel Hill
8th July 2009
S. http://www.miningweekly.com/article/ivanhoe-hires-former-pm-….

Chretien named senior international advisor at Ivanhoe Mines Inc.
The GazetteJuly 8, 2009
S. http://www.montrealgazette.com/Chretien+named+senior+interna….

July 09, 2009
Article from: Australian Associated Press
JEAN Chretien, a former prime minister of Canada, has joined miner Ivanhoe Australia.
S. http://www.theaustralian.news.com.au/business/story/0,28124,….

Ex-Canadian PM joins Aussie mining firm
July 9, 2009 - 1:24PM
S. http://news.brisbanetimes.com.au/breaking-news-business/exca….

Ivanhoe names Chrétien senior adviser
CP Last updated on Thursday, Jul. 09, 2009 03:18AM EDT
S. http://www.theglobeandmail.com/report-on-business/ivanhoe-na….

[TomCole]

Ivanhoe Mines Update on Mongolian Parliament's Discussion of the Investment Agreement for Construction and Operation of the Oyu Tolgoi Mining Complex
10:24 AM ET, July 9, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

ULAANBAATAR, MONGOLIA, Jul 9, 2009 (Marketwire via COMTEX) -- Ivanhoe Mines' (IVN)(US:IVN)(US:IVN) President and CEO John Macken said the company has noted the formal vote recorded today in Mongolia's State Great Khural (national Parliament) to advance approval discussions of the comprehensive Investment Agreement for the Oyu Tolgoi copper-gold project in the South Gobi Region.

The vote to proceed with consideration of the draft agreement was supported by 75% of the members of Parliament present and followed six hours of discussion, during which the agreement was formally introduced by the Parliament's Standing Committee on Economics. The Standing Committee announced that it had voted 13-1 in favour of authorizing the government to sign the agreement.

Under Mongolian law, the agreement now will be presented for its first official reading.

The comprehensive agreement, the culmination of almost five years of discussions and negotiations, and nine years of exploration and development by Ivanhoe Mines, establishes a legal framework for the construction and operation of the Oyu Tolgoi copper-gold mining complex and stabilizes certain taxes and fees in relation to the project. Oyu Tolgoi is the word's largest, undeveloped porphyry copper-gold deposit.

Ivanhoe Mines shares are listed on the Toronto, New York and NASDAQ stock exchanges under the symbol IVN.

SOURCE: Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-8323
Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-688-8323
www.ivanhoemines.com

[TomCole]

Bild von http://en.news.mn/home, Do, 9 Jul 2009 19:04:45

Parliament agrees to discuss Oyutolgoi agreement
Do, 9 Jul 2009 19:04:45
S. http://en.news.mn/news/3065.

After a discussion spanning almost the whole of Thursday, the plenary session of Parliament agreed by 39 votes to 13 to discuss the draft agreement on Oyutolgoi. The draft now goes back to the Standing Committee on the Economy which will review the suggestions made at today’s session and then return the draft to Parliament. All this will be after Naadam, and most likely on July 14.

The members who voted against discussing the draft in its present form included D.Arvin (MPRP) and P.Altangerel (DP). Several MPs sought information from the working group which had prepared the revised draft.



Oyu Tolgoi IA is under fierce discussion
POSTED BY AMARSANAA ON JULY - 9 - 2009
S. http://www.business-mongolia.com/mongolia-government/oyu-tol….

OT IA is being discussed by the SGK session. MPs are heavily commenting and it is certain that few changes would be made in the proposed version. Some MPs who are for the concluding IA, suggest to grant the power to the Government of Mongolia.

Some MPs suggests to have break and continue after Naadam Festival. Official close to the source said that it might be adopted today, but chance is narrow because one day of discussion is not enough to make votes and decision, at 16.30 Ulaanbaatar time. Most MPs wants to continue session after Naadam Festival. Business-mongolia apologizes from its readers for wrong information about IA will be discussed on Friday. Today, Thursday July 9 2009, the State Great Khural will close its spring session.



UPDATE 1-Mongolia closer to Oyu Tolgoi approval - Ivanhoe
Thu Jul 9, 2009 11:44am EDT
S. http://www.reuters.com/article/governmentFilingsNews/idUSN09….



Market Report -- In Play (IVN)
July 9, 2009 10:26 AM ET
S. http://news.moneycentral.msn.com/provider/providerarticle.as….



Hot Stocks
Ivanhoe Mines Ltd. Is Picking Up Volume As It Climbs
7/9/2009 10:52 AM ET
S. http://www.rttnews.com/Content/HotStocks.aspx?Node=B6&Id=100….



ASX Announcement,
9 Jul 2009, 9:36 am,
Ivanhoe appoint former Canadian Prime Minister,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=320363.

[TomCole]

FORMER PREMIER OF CANADA NAMED AS SENIOR ADVISOR TO IVANHOE MINES
2009-07-10 14:36:52
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Chretien and inner circle go to work for billionaire mining financier
By Christopher Pollon July 9, 2009 02:00 pm
S. http://thetyee.ca/Blogs/TheHook/Federal-Politics/2009/07/09/….



Chrétien named as adviser to Ivanhoe Mines
S. http://www.theglobeandmail.com/report-on-business/industry-n….

Auszüge:
...
Vanvcouver — The Canadian Press Last updated on Wednesday, Jul. 08, 2009 02:12PM EDT
...

[Jean Chrétien]
Company cites former prime minister's ability to forge ties with China and its neighbours
...

[Robert Friedland]
“Jean Chrétien was instrumental in advancing relationships between many Canadian businesses and rapidly industrializing China and its neighbour nations through his hands-on, prime ministerial leadership of a series of successful Team Canada trade development missions,” says Ivanhoe's Robert Friedland, pictured.
Globe and Mail

[TomCole]

WB Ready to Help Develop Southern Infrastructure
Written by Administrator
Friday, July 10, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



World Bank reports
POSTED BY BADRAKH ON JULY - 10 - 2009
S. http://www.business-mongolia.com/mongolia-economy/world-bank….

World Bank produced a new report about all countries level of income. It is the first time that Mongolia is registered in the mid tier of income measurement since joining World Bank in the year 1991. If the GDP per capita is above $1500 then the country is counted as mid level income earners. World Bank officially reported that at the end of the year 2008 GDP per capita was $1639.0. This means that Mongolia is sectioned with economically respected countries including China, Indonesia, Thailand, India and Iran in terms of level of income per capita.

[viena]

Robert Friendland bezeichnete in einem Gespräch vor ca. 6 Wochen Kupfer als das Metall der Zukunft noch vor Gold und allen anderen.

[TomCole]

PARLIAMENT PASSES LAWS
2009-07-10 15:22:54
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….



IVANHOE
Mongolia moves closer to approving project
Jul 10, 2009 04:30 AM
S. http://www.thestar.com/business/article/663722.



Ivanhoe, Rio Oyu Tolgoi Plan to Be Mulled by Mongolia (Update1)
Last Updated: July 9, 2009 11:20 EDT
S. http://www.bloomberg.com/apps/news?pid=20601081&sid=a0KCB4j_….



Mongolia Parliament agrees to consider Oyu Tolgoi pact
By: Liezel Hill
9th July 2009
S. http://www.miningweekly.com/article/mongolia-parliament-agre….



Ivanhoe Mines (IVN) climbs on Mongolia update
7/9/2009 2:16:42 PM | Buzz on the Boards
S. http://www.stockhouse.com/Community-News/2009/Jul/9/Ivanhoe-….

[TomCole]

Parliament Started Debating OT Agreement, Vote is Expected This Week
Written by Administrator
Friday, July 10, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

In latest Oyu Tolgoi developments, Parliament started debating OT agreement which is being broadcast live on local TV stations. Majority of MPs are criticizing the agreement, while Government is doing its best to defend it. Parliament is expected to cast its vote on the agreement today.

Meanwhile, Senior Vice President if Ivanhoe Mines Mongolia Inc. Mr. Ania Munkhbat continued pro-OT agreement PR campaign giving interviews to major Mongolian dailies, in which he calmed worries of Mongolian people who have doubts about the project. For example, according to influential Mongolian daily “Ardyn Erkh”, he said that “there has been considerable progress in negotiations with Mongolian party. The duration of the agreement is 30 years. There have been several advantages gained by Mongolian side. One, Mongolian side obtained right to audit all expenses done by investors. Next, Mongolian side is to get from 55 to 76 percent of profit depending metals prices. The practice of cooperating with foreign experienced reputable companies is present in many other countries of the world. For example, in Es Condida mine of Chile is operated by Rio Tinto, BHP Billiton and Japanese companies who invested and own shares and only pay taxes to Chilean Government, which does not mine itself.”

Regarding civil movements, Mr.Munkhbat views that “they are unreasonable and criticize only for criticism itself, when 34 percent is mentioned they ask for 50 percent, when 50 percent is mentioned, they ask for 80 percent.” Mr.Munkhbat noted that “Mongolian side is not doing any investment. There is no risk for Mongolia. The 34 percent stake is being provided by investor side. In case of failure of the project or copper price hitting bottom, only the mine will stop. In that case, Mongolian Government does not have obligation to pay back the US$1.7 billion. Thus, this is not a risk for Mongolia.”

According to leading Mongolian daily” Unuudur” he said that “among economic benefits for Mongolia several thousand jobs and development of infrastructure. There will indeed high direct and indirect impact on economy once the agreement is established. If productive development is started during world economic and financial downturn, it is needed by all parties.”

In other encouraging news, according to Press, and Information Office of the Parliament, during meeting of Speaker of the Parliament with directors of European Bank for Reconstruction and Development, the EBRD representatives said that if OT agreement is approved EBRD is interested in investing in infrastructure projects related to OT. The Speaker informed the directors that OT agreement issue will be resolved and power to sign the Agreement will be given to the Government before spring session of the Parliament finishes.

Following this news, according to Major Mongolian daily “Udriin Sonin”, during the meeting with President of North America-Mongolia Business Council Steve Saunders and the President of Mongolia Ts. Elbegdorj said that his position “is to speedily approve the agreement without losing time.”

President Elbegdorj noted that “OT is first major project being done since social change in Mongolia. Many major projects are waiting after this agreement. This is great economic opportunity for Mongolia.” At the same time, advisor of the President, Mr.P.Tsagaan confirming position of the President criticized 34 percent Mongolian stake version instead advocating no equity version. Mr.Saunders noted that North American investors are carefully watching OT developments.

On the opposite side, 16 civil movements headed by “My Mongolian Land and Earth” movement have organized protest rally again the OT agreement on main square of Ulaanbaatar. Anti-OT agreement PR campaign, continued in major Mongolian daily “Zuuny Medee”, that surprisingly turned anti-OT agreement recently ,publishing article accusing President Ts.Elbegdorj, Prime Minister S.Bayar, Chairwoman of Civil Courage Party MP S.Oyun, MP L.Gantumur, MP N.Batbayar,Chairman of Economic Standing MP Ts.Bayarsaikhan,E.Bat-Uul, Minority Leader MP Ch.Saikhanbileg, MP D.Odkhuu, MP Kh.Badamsuren, Majority Leader D.Lundejantsan, Miinister of Justice MP Ts.Nyamdorj of being main lobbyist of the OT agreement in the Parliament.

Former Prime Minister D.Byambasuren joined anti-OT agreement chorus by giving full page interview accusing MPs of submitting to foreign investors and treating the issue on time and money interests.

Meanwhile abroad, according to Reuters, amid a sharp overall contraction in the Toronto market, the Ivanhoe shares were 9.8 percent lower at C$8.62 on volume of almost 3.6 million shares on the Toronto Stock Exchange on Wednesday as analysts remained cautious. “Despite the support of both major parties, the MPRP and the DP, caucus discipline is much weaker in Mongolia than in, say, Canada,” said Salman Partners analyst Raymond Goldie. “Thus passage of the legislation authorizing the agreement is by no means assured before parliament breaks for summer,” he said. He said the share price was also likely hurt by a lower copper price on Wednesday. In interesting development, Ivanhoe also announced that it has appointed former charismatic Canadian Prime Minister Jean Chretien as a senior international adviser to the company. “The parliament hopes to have the agreement approved before the beginning of Nadaam, a national festival beginning on July 11, 2009,”

Desjardins Securities analyst John Redstone said in a research note. He does not expect this to pose a significant problem and is increasing his price target on Ivanhoe shares to US$12 from US$9.40. This accounts for the company’s increased ownership in the Oyu Tolgoi mine, since the government was expected to hold a 51 percent stake. It also reflects specific details obtained from a news release by Mongolian securities firm Frontier Securities.

Mr.Redstone’s model assumes that the project will come on stream in 2013 and that Ivanhoe will be responsible for building the mine infrastructure, including the mill, smelter and power plant. The analyst expects Rio Tinto will convert its debt and interest into Ivanhoe stock, and exercise all its warrants following the conclusion of a successful agreement with the Mongolian government for the development of Oyu Tolgoi. This would result in Rio Tinto holding more than 256 million shares of the Vancouver-based miner, or 42.7 percent of the share it would then have outstanding. Rio Tinto would be able to increase its holding to 46.65 percent through purchases in the market, Mr. Redstone added.

(Source: Ardyn Erkh, Unuudur,Press, Information and Promotion Office of the Parliament, Udriin Sonin,Reuters,National Post, July 9)
Author Dale Choi is a market commentator of Frontier Securities

[TomCole]

Mongolian Parliament Agrees to Start OT Debate
Written by Ch.Sumiyabazar
Friday, July 10, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Mongolia would take a 34 percent stake in Oyu Tolgoi, a large copper and gold deposit in Omnogobi province, which is expected to produce an average of at least 440,000 tonnes of copper and 320,000 ounces of gold over a 35-year mine life.

The Parliament’s Thursday general debate session discussed whether to start initial discussion of the Government’s second-submitted Oyu Tolgoi draft investment agreement that is to be signed between the Government of Mongolia and Canadian Ivanhoe Mines company. The session was attended the President of Mongolia Ts.Elbegdorj, Prime Minister S.Bayar and related government ministers and agencies’ directors. 39 members of the parliament voted “Yes” to start discussion of the agreement, and 13 members pressed “No” button. So, the Parliament’s Standing Committee on Economics will convene after Naadam national holiday to discuss the draft agreement. According to media speculation, the parliament is likely to power the Government to sign in the draft investment agreement before its spring session ends.

Members of the Parliament asked questions from the Prime Minister S.Bayar and Minister of Minerals and Energy D.Zorigt regarding the certain provisions of the agreement. According to final version of the agreement, 68 percent of windfall profits tax has been dropped out.

The Government of Mongolia also would claim upfront tax payment of US$125 million. After the agreement is signed, Ivanhoe’s strategic partner Rio Tinto is scheduled to increase its 10 percent stake at the company up to 40 percent.

On July 8, Ivanhoe Mines stated that a number of media reports and commentaries published in Mongolia and in some international media have “inaccurate or incomplete information on important details and should not be relied upon by investors.” Ivanhoe also announced that it has appointed former Canadian Prime Minister Jean Chretien as a senior international adviser to the company. “We believe that Mr Chretien’s experience and knowledge will be a prime asset in assisting the Ivanhoe companies to continue to build their businesses through opportunities that will be encountered in the energy and a mineral resource sector around the world during what is becoming the Asian Century,” said Ivanhoe chairperson Robert Friedland.

Earlier two major political parties, Democratic Party and Mongolian People’s Revolutionary Party, discussed the agreement draft version in their closed door meetings and made a statement that support the agreement “in principle”.

In addition, civil movements have protested the draft investment agreement on Wednesday by organizing a protest at the main square. “Oyu Tolgoi, its subsoil resources shall belong to the people of Mongolia. Ivanhoe Mines is pressuring our government, and legislature to get this such unprofitable agreement approved in a short days. In order to get approval, Ivanhoe Mines had their own people already elected to Parliament,” said M.Bold, an activist of My Mongolian Land, a civil movement.

[TomCole]

Antwort auf Beitrag Nr.: 37.548.078 von viena am 10.07.09 13:01:12

Robert Friendland bezeichnete in einem Gespräch vor ca. 6 Wochen Kupfer als das Metall der Zukunft noch vor Gold und allen anderen.

Hallo viena,

in diesem Thread sollte natürlich auch dem Kupfer Aufmerksamkeit zukommen, aber dazu möchte ich nicht recherchieren oder mich äußern.

Nur so viel von mir:

Für den Kupferpreis muss man ja wohl - wenigstens mittelfristig - nicht schwarz sehen:

BASE METALS
BIGGER GROWTH IN 2010
IMF comments give welcome boost to copper price
IMF comments that there are signs that the global economy is pulling out of recession, coupled with a huge lift in Chinese auto sales helped spark a recovery in copper and other base metals prices
Author: Kylie MacLellan
Posted: Thursday , 09 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=86….

Beste Grüße,
Tom

[viena]

Antwort auf Beitrag Nr.: 37.554.093 von TomCole am 11.07.09 13:02:58

ein guter Freund von mir traf ihn nach einer Messe beim Dinner und sprach von Friedland als einem der gescheitesten Menschen die er kennengelernt hat. Und er ist seit 40 Jahren in diesem Business.

[TomCole]

Antwort auf Beitrag Nr.: 37.554.109 von viena am 11.07.09 13:09:56

Klingt gut. In australischen Medien wurde ein Mal angemerkt, er sei eine "auffällige Persönlichkeit" (ich finde das Zitat momentan nicht wieder).

Bei Forbes finde ich Folgendes
(s. http://www.forbes.com/lists/2008/54/400list08_Robert-Friedla…):

The 400 Richest Americans
#301 Robert Friedland
09.17.08, 6:00 PM ET


Courtesy IVANHOE MINES

Source Ivanhoe Mines (quote: IVN), Mining/Lumber, Self made

Net Worth $1.6 billion

Age 58

Marital Status Married, 3 children

Hometown Singapore, Singapore

Education Reed College, Bachelor of Arts / Science

Mining mogul continues to tap the world's resources. Currently developing mines from Africa to Kazakhstan through his publicly traded Ivanhoe Mines and other ventures. Company's biggest prize: Oyu Tolgoi gold and copper project in Mongolia. Shares down 44% since November 2007. Took Ivanhoe Australia public in August on the Australian stock exchange.


Auch schon etwas länger her hatte ich den folgenden m.E. hübschen Artikel gefunden
(kann man sich hier herunterladen:
http://www.bmocm.com/conferences/2008metalsandmining/partici…,
<Klick auf:> Main Presenters, dann
unter "Ivanhoe Mines Ltd. <Klick auf:> Robert Friedland Executive Chairman"):

BMO Capital Markets
2008 Global Metals and Mining Conference
February 24 - 27 2008

Robert Friedland, Executive Chairman
Ivanhoe Mines Ltd.

Robert Friedland is in the vanguard of North American natural-resource sector
leaders who have pioneered business links in Greater China and the Asia
Pacific region during the past 20 years. One of the mining industry's best-known
international financiers, Mr. Friedland is the founder and Executive Chairman
Ivanhoe Mines a Canadian public company whose shares trade on the New
York, NASDAQ and Toronto exchanges. Mr. Friedland has directed the
assembly by Ivanhoe Mines of a portfolio of interests in several countries during
the past 12 years. Ivanhoe’s core asset is the chain of copper-gold discoveries
at Oyu Tolgoi in southern Mongolia, within 80 kilometres of the Mongolia-China
border. Oyu Tolgoi, the world's largest and highest-grade copper-gold mine
development project, currently is projected to begin production in 2010. In
October, 2006, Ivanhoe announced the formation of a strategic partnership with
global mining leader Rio Tinto to develop the Oyu Tolgoi mining complex. Rio
Tinto has paid US$303 million for an initial 9.9% stake in Ivanhoe, , which Rio
Tinto may increase to up to 46.6% through a total investment of US$2.3 billion
to October 2011. Ivanhoe also has secured well in excess of US$1 billion in
equity financings and a convertible credit Mr. Friedland was named the "2006
Mining Person of the Year" by Canada's Northern Miner, a leading industry
publication, for his coup in gaining Rio Tinto as a partner for Ivanhoe Mines in
Mongolia. The Northern Miner said the partnership was "a defining moment in
one of the world's biggest mineral-development success stories of the past
decade." It described Mr. Friedland as "a dynamic force for a quarter-century in
the minerals industry through a host of private and public-company vehicles.
“Ivanhoe’s major coal discoveries as part of the Ovoot Tolgoi Project ---
adjacent to the existing Nariin Sukhait Mine in southern Mongolia, 40 kilometres
north of the Mongolia-China border --- have been transferred to SouthGobi
Energy Resources and could be in production in 2008. In Australia, Ivanhoe has
discovered a series of related iron-oxide copper-gold systems, some with
associated uranium, at its Cloncurry Project in the mineral-rich Mount Isa mining
district. Ivanhoe also is exploring in China's Inner Mongolia region. In March,
2005, Mr. Friedland signed a strategic-alliance agreement with Mitsui & Co.
Ltd., one of Japan's leading trading companies, to jointly develop coal and
copper-gold projects in Mongolia's South Gobi region and to deliver related
transportation, electrical energy and other infrastructure services to support
future development in the region. In 2004, Mr. Friedland completed memoranda
of understanding with Jiangxi Copper Co. and China Non-Ferrous Metals
Corporation to cooperate on copper developments in the Greater China region.
In 2003, Mr. Friedland and China International Trust and Investment
Corporation (CITIC) formally agreed to pursue international projects to help
China meet its rapidly growing demand for metals and energy As Co-Chairman
and controlling shareholder of Ivanhoe Nickel and Platinum Ltd., (Ivanplats), Mr.
Friedland is closely involved with several mining projects in Africa and Australia,
including a copper-cobalt discovery in the Democratic Republic of Congo and
the development of a significant nickel-platinum-copper deposit on South
Africa's Bushveld Complex. Mr. Friedland has been associated with resource
and technology ventures for 25 years. In 1996, he was named Developer of the
Year by the Prospectors' and Developers' Association of Canada for his work in
establishing and financing companies engaged in mineral exploration and
development around the world. Mr. Friedland guided the development and sale
of Diamond Fields Resources' nickel discovery at Voisey's Bay in
Newfoundland, Canada, to INCO Ltd. for CDN$4.3 billion in 1996 (Inco's
Voisey's Bay mine began production in September, 2005). He also led the
discovery and sale of Fairbanks Gold's Fort Knox deposit in Alaska to Amax
Gold for US$152 million in 1992 (Fort Knox, now owned by Kinross Gold, has
produced approximately four million ounces of gold since 1996). Mr. Friedland
is Chairman of Ivanhoe Capital Corporation, his family's private company that
specializes in venture capital and project financing from bases in Singapore and
Beijing. With his leadership, Ivanhoe executives and affiliated benefiting
companies have raised several billion dollars on international capital markets
since 1993. He is co-founder and Deputy Chairman, Capital Markets, of oil and
gas producer Ivanhoe Energy and Co-Chairman of its China operating
subsidiary, Sunwing Energy. Ivanhoe Energy owns a breakthrough upgrading
technology that enables the recovery of heavy-oil reserves around the world,
and their conversion to lighter, more valuable crude oil, at lower costs than older
technologies.

[TomCole]

Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
6. bis 12. Juli 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009jul2.htm.

Auszüge:
...
Frühjahrssitzungen dauern an

Die Hoffnung auf eine Zustimmung der Abgeordneten zum Entwurf für das Investitionsabkommen mit Ivanhoe Mines Mongolia Inc. zur Gold- und Kupferlagerstätte „Oyutolgoi" noch vor dem Nationalfeiertag hat sich nicht erfüllt.

Allerdings hatten 39 von 52 anwesenden Abgeordneten am 09. Juli für die Fortführung der Debatte zum überarbeiteten Entwurf gestimmt.

Danach verwiesen sie das Papier zurück an den Wirtschaftsausschuss. Nach der Einarbeitung der Abgeordnetenvorschläge wird es erneut zur Diskussion gestellt.
...
Die Frühjahrssitzungsperiode der Großen Staatsversammlung wird nach Naadam fortgesetzt.
...

Bürgerbewegungen gegen das Oyutolgoiabkommen

„Reformen jetzt", „Meine Mongolische Erde", Front Ehrlicher Bürger", „Grüne Partei" und der Freie Seniorenverband protestierten am 08. Juli auf dem Sukhbaatarplatz gegen den zur Diskussion stehenden Entwurf des Oyoutolgoi-Investitionsabkommens.

G. Uyanga, Chefredakteurin der „Politikzeitung", meinte, die Bodenschätze gehörten allen Mongolen, eine kleine Gruppe könnte sie nicht in ihrem Interesse verschachern.

Der Präsident hätte vor der Wahl versprochen, in für das Land bedeutsamen Fragen, die Meinung der Bevölkerung einzuholen.
...



Reuters
BAY STREET: Cash rich China eyes Canada's rich resources
07.12.09, 10:30 AM EDT
S. http://www.forbes.com/feeds/reuters/2009/07/12/2009-07-12T14….

[TomCole]

Wirtschaftsnews - & Rohstoffe-Go Exklusiv - von heute 08:39 [14. Juli 2009]
Einkaufstour geht weiter: China hat kanadische Gold-, Kupfer- und Uranfirmen im Visier
S. http://www.rohstoffe-go.de/rohstoff/rohstoffe-go-exklusiv/be….

Auszüge:
...

...
Experten sagen, dass die Chinesen gewillt sind, die verschiedensten Arten von Abkommen abzuschließen. Von strategischen Investitionen wie bei Teck bis hin zu größeren Minderheitsbeteiligungen und vollständigen Übernahmen. Angeblich verfügt CIC allein über 200 Milliarden Dollar für Übernahmen. Und ist damit – wie andere chinesische Firmen – gut für weitere Investitionen in Kanada oder anderen Teilen der Welt gerüstet.

So hat beispielsweise Chinalco erste Kooperationsgespräche mit der kanadischen Ivanhoe Mines (WKN 901508) geführt, deren wichtigestes Asset das Oyu Tolgoi-Projekt (Kupfer und Gold) in der Mongolei ist.
...



WB READY TO HELP DEVELOP SOUTHERN MONGOLIA`S INFRASTRUCTURE
2009-07-14 16:09:04
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

Oyu Tolgoi IA will be discussed in the afternoon
POSTED BY AMARSANAA ON JULY - 14 - 2009
S. http://www.business-mongolia.com/mongolia-government/oyu-tol….

Today at 14.30, two Standing Committees will held meeting. The Standing Committee of Budget will discuss modification in the Budget Law, Atomic Energy and Oyu Tolgoi IA.

Oyu Tolgoi IA will be presented to the general session of the Stata Great Khural within this week.



Oyu Tolgoi First Reading Likely Today
Written by Ch.Sumiyabazar
Tuesday, July 14, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

The Parliament of Mongolia (State Great Hural) will most likely resume discussion of the Oyu Tolgoi Investment Agreement today.

Last Thursday, a six-hour discussion at the parliament’s general debate resulted in a vote of 39-13, moving to discuss the revised draft agreement. The deal places stakes on the world’s largest undeveloped copper-gold deposit, which is located in Omnogobi province.

The standing committees have indicated that they will begin the first reading of the multi-billion dollar agreement between the Government of Mongolia and Canadian Ivanhoe Mines sometime this week.

The agreement is also subject to approval by the Board of Directors of Rio Tinto - a strategic partner of Ivanhoe - which owns around 10 per cent of the company.

The members who voted against discussing the draft in its present form were from both DP and MPRP. Some members of parliament wanted a separate provision to be included that would allow the Mongolian side to unilaterally cancel the agreement if the project does not start within two years. Others suggested a similar right to cancel if the investor side transferred its bulk of shares without proper notification to the Mongolian party.

Ivanhoe Mines’ President and CEO John Macken said the company has noted the formal vote recorded at last Thursday’s session.

“The comprehensive agreement, the culmination of almost five years of discussions and negotiations, and nine years of exploration and development by Ivanhoe Mines, establishes a legal framework for the construction and operation of the Oyu Tolgoi copper-gold mining complex and stabilizes certain taxes and fees in relation to the project,” the statement said.



Rio Resistance May Scare Further Investors
Written by Dale Choi
Tuesday, July 14, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

With spring session coming to an end, Government has no choice but to act swiftly in order not to lose the current investors. It is highly likely that if the agreement is not approved during this session Rio will pull out of this deal and out of Mongolia. With strategic investor of such magnitude pulling out and chilling message this would send to world investment community, hardly any other reputable strategic investors would have any appetite for investing in Mongolia and Ivanhoe will be left with not much options but selling the property.

In that case, only the Chinese companies would have the stomach for such deals more because of political interest from Beijing. Even that is not guaranteed, since Chinese companies show less willingness to deal with unreliable governments. In breaking news on July 6, to the government’s credit, a ruling coalition party caucuses of Mongolian People’s Revolutionary Party and Democratic Party have suddenly rallied behind the Government and announced of their support of the agreement. Still, initial debates show how much opposition exists in the Parliament to the deal.

This anti-OT group consists of various MPs who mostly want to gain political advantage (nationalist, national company interests, populist, etc.) out the debate. Thankfully, majority of MPs followed common sense and rallied behind the Government voting for proceeding to further reading of the agreement. Parliament is to reconvene after the Naadam holiday in an unusual manner for the reading. We expect the continued majority support for this agreement, however the approval is by no means assured. Heated resistance to the agreement is sure to happen. It will no doubt be thorny process.

Dale Choi is a market commentator of Frontier Securities



POLITICAL ECONOMY
DISCUSSIONS TO RESUME LATER THIS MONTH
Mongolia's Oyu Tolgoi copper/gold project agreement saga drags on
After several years of fits and starts, the draft agreement on the huge Oyu Tolgoi copper/gold project is now scheduled to be considered by the Mongolian Parliament's Standing Committee on Economics later this month.
Author: Dorothy Kosich
Posted: Monday , 13 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….



Video:
zszcxdvcfb
7. Juli 2009
Presedent of Mongolia Tsakhiagiin Elbegdorj
S. http://www.youtube.com/watch?v=bN2ytNsLYvA.

Gefunden (mitsamt Transkript! S.u.) in:

President Elbegdori says "Time is Up"
EABUSCH
7/13/2009 10:41:54 PM | Post #27283784
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….

President Ts. Elbegdorj.. TIME IS UP

http://www.youtube.com/user/zszcxdvcfb (cut & paste in browser)!

INTERVIEWER:
Lets go into certain issues. We are talking about mineral resources inlast 8 yrs. Everybody is for realizing it, in order to to bebenefitted. What is your position here?

Ts. ELBEGDORJ, PRESIDENT OF MONGOLIA:
When I was appointed as the Prime Minister..second time in August 2004,I got acquainted with OT draft Agreement for signature. We are talkingabout for over 5 years. The longest discussed law was the Constitutionof Mongolia, but this agreement has seen additional 4 years.

Now Time is up.
I personally believe that this issue should be accelerated at SGK andGovernment. There is no need to intervene or put obstacles on thisprocedure from the President’s side. It is already discussed throughthe Security Council several times. I think it is better to bediscussed and solved at the level of SGK, the representative of thepeople of Mongolia. Only few issues were left to solved at SGK. It isgreat achievement. There are so many opportunities will be … unlockedalong with this project.

Therefore, I personally wish that SGK..should conclude this OTAgreement and adopt it before it’s summer break,.. literally NadamFestival. I will contribute every resource to make this happen from thepresident’s side



Call Volume Continues to Grow on Ivanhoe Mines Ltd.
7/13/2009 2:25 PM
S. http://www.schaeffersresearch.com/commentary/trading_floor_b….

[TomCole]

Mongolia would waive widnfall tax obligation of IVN, totaling 18 billion US$.
POSTED BY AMARSANAA ON JULY - 15 - 2009
S. http://www.business-mongolia.com/mongolia-government/mongoli….

In order to discuss investment agreement of Oyu Tolgoi at the State Great Khural, General taxation Law has to be amended. Therefore, as previously informed by business-mongolia.com, the Standing Committee on Budget held meeting, yesterday.

According to the IA of Oyu Tolgoi, IVN would be waived from four types of taxes; windfall tax, customs tax, dividend tax and tax on loss to be calculated in the future. More clearly, copper commodity price is predicted as 4200 US$ per ton and the windfall tax waive will be effective for 50 years. In other words, IVN would enjoy $18 billion tax waive. This calcuation is made on the nominal price.

MP R.Amarjargal made comment that “… it is inappropriate t discuss the General Taxation Law without presence of the Minister for Finance. There are many issues that require more explanations. Therefore, it is correct to postpone it until his arrival…” The proposal has received majority vote.

Minister for Finance’ return is not available when checked from the Ministry.



Mongolia closer to Oyu Tolgoi approval - Ivanhoe
Wednesday, 15 Jul 2009
S. http://steelguru.com/news/index/2009/07/15/MTAyMzI2/Mongolia….



Am Rande (Mongolei-Investoren aus Indien):

Jindal Steel sets up office in Mongolia for mining activities
Press Trust of India / Mumbai July 14, 2009, 18:21 IST
S. http://www.business-standard.com/india/news/jindal-steel-set….

[TomCole]

Working group on OT IA will held meeting
POSTED BY AMARSANAA ON JULY - 15 - 2009
S. http://www.business-mongolia.com/mongolia-government/working….

Scheduled issues of Oyu Tolgoi IA, amendment in the General Taxation Law, amendment in the Mineral Law of Mongolia and amendment in the Autoroad Law, to be discussed by the Standing Committee on Economy were postponed.

Before these, OT working group will have held meeting. IA on OT and re-election date will be discussed during the standing committeee meeting.

Standing Committee meeting will be made after the OT working group meeting. Then, it will be presented to SGK.



HOT DISCUSSION OF IVANHOE MINES AGREEMENT
2009-07-15 19:45:06
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

Ulaanbaatar, /MONTSAME/ Parliamentary Standing committee on budget discussed Tuesday afternoon a bill to amend the law on general taxation that is submitted to parliament in connection with a consideration of draft Oyu Tolgoi Investment Agreement. In order to discuss the latter at parliament, the General Taxation Law must be amended.

Present at the meeting was Minister of Mineral Resources and Energy D.Zorigt who is the head of the working group to conclude OT Investment Agreement.

At the discussion, the Standing committee members rebuffed a clause to exempt the Ivanhoe Mines Inc from windfall tax of 68 percent. Some members touched upon a question as why the government did not realize that there are two legal systems. "It means that when the Canadian company is exempted from windfall tax, a joint Mongolian-Russian "Erdenet Mining" corporation is still paying it," they said. They reminded that Russian-invested Altan Dornod Mongolia company sued the Mongolian Government to the International Arbitration Court claiming that the company paid 68 percent windfall tax when the Boroo Gold company is exempted from the windfall tax.

At the meeting, Ts.Nyamdorj MP said,"Mongolia is managing its products at international market prices. We have concluded investment agreements and will further establish new ones. There is no version other than to conclude an Investment Agreement with investors. Parliament is to pass it, and the investors are to be exempted from VAT."

The Minister Zorigt said,"Size of income tax is too high. According to the Mineral Resources Law, the state should own 34 percent of stake. In today's draft agreement, there is no reflection of windfall tax. There are no countries, except us, who impose windfall tax on investors."

The first reading of the bill to amend the law on general taxation ran in hot debate. No real decision and conclusion were made on this agenda. The discussion and approval were postponed due to an absence of Finance Minister S.Bayartsogt who is abroad with official mission.

S.Batbayar
17.45

[TomCole]

Absence of the Finance Minister causes delay for Parliament
Do, 16 Jul 2009 11:26:51
S. http://en.news.mn/news/3086.



Freeing 68 percent tax for Ivanhoe Mines will relieve of USD 18 billion
Do, 16 Jul 2009 11:35:05
S. http://en.news.mn/news/3090.



From Kristine Owram, The Canadian Press, July 15, 2009 - 4:27 p.m.
Western Prospector, Khan Resources say licences suspended in Mongolia, joining Centerra Gold
By Kristine Owram, The Canadian Press
S.
http://www.canadianbusiness.com/markets/headline_news/articl….

Auszug:
...
Meanwhile, Vancouver-based Ivanhoe Mines has faced uncertainty after reports in the last month that Mongolia's president-elect wants to change a proposed mining agreement with the company so the country gets more revenues from a big copper-gold project.

John Ing of Toronto-based Maison Placements said a lot of mining contracts have been suspended or cancelled after Tsakhiagiin Elbegdorj was elected as Mongolia's new president two months ago.

At Ivanhoe, "they were going to sit down at the negotiating table again this week, and if you talk to Centerra they also feel they should be able to clear that up," Ing said in an interview.

"This fellow is thought to be behind these cancellations," Ing said. "So it is difficult. Mongolia needs the jobs, needs the investment . . . so it's expected to be temporary but unfortunately when you're dealing with this country you just never know."

"In Western Prospector's case, as in Ivanhoe's, it's been a long running dispute. From time to time it comes to a boil, then it gets sorted out, then it comes to a boil again. So this is more of the same."

Ivanhoe has cautioned investors not to rely on the reports, which it said contained inaccurate and misleading information. The company also noted last week that the Mongolian parliament passed by 75 per cent a measure to advance approval talks on the investment agreement.

Under Mongolian law, the agreement will now be presented for its first official reading in the country's parliament.

The earlier reports had said Elbegdorj wants to change the proposed deal with Ivanhoe Mines as well as an agreement with Australia's Rio Tinto, its partner in the Oyu Tolgoi project.

The report said the government wants a bigger portion of the profit from Oyu Tolgoi, considered the world's largest copper-gold development.
...



Shanghai Copper Extends Gain to One-Month High on China Economy
Last Updated: July 16, 2009 03:31 EDT
S. http://www.bloomberg.com/apps/news?pid=20602013&sid=a1Al9CbJ….



Challenges for copper exploration
by Australian Journal of Mining — last modified Jul 16, 2009 10:57 AM
S. http://www.theajmonline.com.au/mining_news/news/2009/july-16….

Auszug:
...
Recognition of the Bingham Canyon district as a potential cluster of porphyry deposits, only one of which is exposed at surface, with hindsight shouldn’t be much of a surprise, given the buried discoveries by our partners at Escondida in Chile, at the Freeport operations in West Papua and in the Oyu Tolgoi district of Mongolia.

What these discoveries tell us is that there is excellent potential for buried deposits around other open-pit porphyry mines. This will be a fertile avenue for copper exploration for at least another generation.
...

[TomCole]

Resolution of the State Great Khural (draft)
POSTED BY AMARSANAA ON JULY - 16 - 2009
S. http://www.business-mongolia.com/mongolia-government/resolut….

Draft
Resolution of the State Great Khural
Date No Ulaanbaatar City

On Investment Agreement of Oyu Tolgoi Project

Based on the provisions 8.1.7 of the Article 8, Article 29 of the Mineral Law of Mongolia and the provision 24.6 of the Article 24 of the Law on the State Great Khural Session Procedure, hereby, the State Great Khural resolves as follows:

1. The minimum ownership of the State in Oyu Tolgoi project is set at 34% with further acquisition of up to 50% after the refund of its investment

2. The signing power of Oyu Tolgoi Investment Agreement is granted to the Government of Mongolia (Prime Minister S.Bayar) in accordance with the effective laws and regulations of Mongolia, main guidance and principles approved by the Resolution 40 of the State Great Khural in 2008 and the findings and comments of the Standing Committee on Economy of May 12 2009.

3. The Government of Mongolia (Prime Minister S.Bayar) is entitled and obliged to resolve the issue of further acquisition of State ownership with the investor according to the point One of this resolution.

4. The Standing Committee on Economy (MP Ts.Bayarsaikhan) will pay attention on the implementation of the resolution.



Noch sehr kontroverse Diskussionen in den Ausschüssen:

OT IA failed at the Standing Committees
POSTED BY AMARSANAA ON JULY - 16 - 2009
S. http://www.business-mongolia.com/mongolia-government/ot-ia-f….

Standing Committee on Budget continued its discussion on amendments in the General Taxation Law in relation with Oyu Tolgoi Investment Agreement. The meeting was temporarily suspended due to blocks made by MPs to discuss this issue with attendance of the Minister for Finance. Even some MPs criticized that discussing the issue without attendance of Prime Minister and Minister for Finance (Minister for Finance S.Bayartsogt is in abroad, receiving medical treatment).

The meeting resumed with attendance of the First Deputy Prime Minister N.Altankhuyag, Minister for Environment and Tourism L.Gansukh, Deputy Finance Minister T.Ochirkhuu. The hearing underwent under pressure. Minister for Mineral Resource and Energy D.Zorigt made reluctant and ignorant with criticism and answering without notable respect, said journalists from the Government House. In contrary, the First Deputy Prime Minister and Cabinet Secretariat were trying to calm down the atmosphere.

The main argument was that the tax issue in the investment agreement breached the General Taxation Law. Therefore, in order to sign the deal as agreed by the Government of Mongolia and IVN, the General Taxation Law should be amended. MPs were against to amend the law with purpose of IA.

At the end of the discussion, the poll was made whether to amend the General Taxation Law or not. All MPs voted against and the Government proposal is again failed at the standing committee level.

After the Budget Committee Meeting, there was the meeting of the Standing Committee on Economy. MP D.Odkhuu criticized that it is wrong if IVN wants to refund its earlier investment as the loan type with interest rate. He thinks that investor (IVN) has no right to earn 66% if the investor (IVN) wants to compensate its investment risk under the cover of loan. He tried to insert this provision in the draft resolution of the State Great Khural, but received minority votes.

The Standing Committee made the first hearing of IA of Oyu Tolgoi and made decision to present the draft resolution to the State Great Khural session with provisions such as the Mongolian Government owns 34% with further increase of ownership up to 50% after IVN is refunded its investment and to sign the agreement in accordance with the currently effective laws and regulations of Mongolia.

But the proposed amendments (General Taxation Law, Mineral Law of Mongolia, and Law on Auto road) in relationship with the investment agreement were rejected. Today the State Great Khural will discuss the proposal (draft resolution) of the Standing Committee on Economy. If the proposal is supported by the majority, the Government proposal to amend the related laws will be rejected and Oyu Tolgoi Investment Agreement will be in deadlock again.



D.Odkhuu: It is unacceptable for the investor side to take back the expenses
Do, 16 Jul 2009 13:30:20
S. http://en.news.mn/news/3092.

Parliament’s Standing Committee on Economy held the first discussion of Oyutolgoi investment agreement. The atmosphere of the meeting was also debated. MPs criticized that the data on amount of reserve in the mine, revenue and tax percentage is different every time the issue takes place. Minister for Minerals and Energy D.Zorigt was criticized for being inactive and not giving definite answers.

MP D.Odkhuu: Is it true that the investors have written the USD 1 billion 20 million investment as a loan with high interest? If it is true, the investor does not have the right to own 66 percent of the mine. Why is the investor saying to take back the expenses, including the interest, and also own 66 percent?

Minister D.Zorigt: It is written in the contract that since Mongolia will own the 34 percent of Oyutolgoi, expenses must be covered.

MP D.Odkhuu: Mongolian side will pay back the loan for owning the 34 percent. It is highly unacceptable for the investor to take back the expense. The investor’s right to own 66 percent must be eliminated automatically. It is an issue which is highly unbeneficial for Mongolia.

MPs said technical and economic estimation was not clear. According to Ministry for Minerals and Energy, Oyutolgoi has a reserve of 22 million tons of copper and 798 tons of gold. It also has a big reserve of silver. After long discussion, the Standing Committee decided to transfer the case for Parliament discussion.



MPs did not approve to give tax rebates for investors
Do, 16 Jul 2009 13:28:59
S. http://en.news.mn/news/3091.

Parliament’s Standing Committee on Budget has discussed about changing the General Tax Law related to the Oyutolgoi agreement. But all members decided not to approve the draft. Meeting was highly debated. Even though the Standing Committee previously decided not to discuss the issue in the absence of the Finance Minister who is abroad on mission, vice Minister T.Ochirkhuu, Head of the Government and Vice PM N.Altankhuyag, head of the Government office minister B.Dolgor, Minister for Minerals and Energy D.Zorigt attended the meeting.

MP S.Byambatsogt and D.Zagdjav said “Will the contract base on laws or will the laws be changed based on the contract? Oyutolgoi agreement is becoming bigger than laws. It is about to invade the rights of Government and Parliament”

They also stated that new regime for tax is about to be established outside the laws. The debates came after a decision came to free the tax for Oyutolgoi investors.

Head of the Standing Committee Ch.Khurelbaatar said that the Government has taken the power to set the taxes and is about to make a tax free contract for USD 51 million worth agreement. He cautioned that Ivanhoe Mines Mongolia Inc. may work as a tax regulator. His statement was supported by MP N.Batbayar who said “Parliament has the power to set taxes. But the Government is about to make a tax free environment. Mongolia is about to become a tax free country”

MP Ts.Davaasuren said “Mongolia will earn USD 18 billion by owning the 34 percent of Oyutolgoi. If the tax is freed, USD 17 billion will be freed for the investor if we calculate it will mine 20 million tons of minerals per year. Mongolian revenue of the whole 50 years will not be enough to cover the tax rebate”

After long debates, Standing Committee did not approve the draft law and decided to transfer the case for Parliament discussion.



Ts.Nyamdorj: We should stop beating the foreign investors we brought ourselves
Do, 16 Jul 2009 11:33:36
S. http://en.news.mn/news/3089.

Standing Committee on Budget met yesterday and discussed whether the Parliament should discuss the draft law to change General Tax Law. The tax law needs to be changed because the Oyutolgoi agreement is being discussed. Certain MPs asked why the Ivanhoe Mines can be freed from sudden income tax and why the Mongol-Russian Erdenet factory must pay the tax. They also said freeing the Ivanhoe from 68 percent tax during the times of Mongolian Government was called to international arbiter by Altan Dornod Mongol Company for putting 68 percent tax would look as though Mongolia discriminates the foreign investors.

MP N.Batbayar asked the Minister for Internal Affairs Ts.Nyamdorj what will happen if Mongolia has to pay USD one billion to Altan Dornod because of this.

According to Ts.Nyamdorj, Mongolian Government did not make a contract with the company. The company is blaming us for violating the terms of negotiation between the governments of Russia and Mongolia.

“Mongolian Parliament has approved a policy to encourage foreign investors. Not few investors came. But we should stop beating the foreign investors we brought ourselves” said Ts.Nyamdorj.

[TomCole]

Ivanhoe Mines Notes Mongolian Parliament's Approval Today of Resolution on Oyu Tolgoi Project
10:50 AM ET, July 16, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

ULAANBAATAR, MONGOLIA, Jul 16, 2009 (Marketwire via COMTEX) -- Ivanhoe Mines (IVN)(US:IVN)(US:IVN) has noted the bi-partisan vote that has just occurred today in Mongolia's State Great Khural (national Parliament) in which members present voted 63.3% in favour of a resolution that authorizes the Government of Mongolia to conclude a long-term, definitive Investment Agreement with Ivanhoe Mines and Rio Tinto for the development and operation of the Oyu Tolgoi copper-gold mining complex in southern Mongolia.

Ivanhoe Mines is reviewing the provisions of the resolution and expects that further negotiations will be held with the Mongolian Government in the near future to attempt to conclude a final agreement that is acceptable to all parties. Ivanhoe Mines expects to be in a position to comment in more detail in the near future.

Ivanhoe Mines shares are listed on the Toronto, New York and NASDAQ stock exchanges under the symbol IVN.

SOURCE: Ivanhoe Mines Ltd.


Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-5755
Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-331-9880
www.ivanhoemines.com

[TomCole]

Another setback for Ivanhoe in Mongolia
Andy Hoffman
Globe and Mail Update Last updated on Thursday, Jul. 16, 2009 03:03PM EDT
S. http://www.theglobeandmail.com/globe-investor/another-setbac….





UPDATE 1-Ivanhoe sees more Mongolia talks, stock plunges
Thu Jul 16, 2009 3:22pm EDT
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….



Ivanhoe Falls on Speculation Mongolian Mine Still Faces Delays
By Rob Delaney
Last Updated: July 16, 2009 16:06 EDT
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=aDBuYtyo….



Rio Tinto, Ivanhoe Win Approval for Mongolian Deposit (Update1)
By Rob Delaney and Brett Foley
Last Updated: July 16, 2009 11:38 EDT
S. http://www.bloomberg.com/apps/news?pid=20601081&sid=aY1NKYTS….



The Canadian Press - ONLINE EDITION
Mongolian government authorized to conclude agreement with Ivanhoe Mines
By: THE CANADIAN PRESS
16/07/2009 12:20 PM
S. http://www.winnipegfreepress.com/business/breakingnews/Mongo….



Posters weigh in on Mongolia update from Ivanhoe Mines
7/16/2009 2:39:15 PM | Buzz on the Boards
Mongolian Parliament approves resolution on Oyu Tolgoi project
S. http://www.stockhouse.com/Community-News/2009/Jul/16/Posters….

[TomCole]

POLITICAL ECONOMY
WILL MONGOLIA SURPASS VOISEY BAY'S 10 YEAR RECORD?
Mongolian Parliament passes the buck on giant Oyu Tolgoi copper/gold mine go-ahead
While the Mongolians can't hold a candle to the Canadians' track record of delaying a Robert Friedland mining project, the Great Hural has demonstrated it can throw a policy reversal curve ball with the best of them.
Author: Dorothy Kosich
Posted: Friday , 17 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….



Mongolian parliament sidesteps mining pact with foreigners, asking the government to handle
GANBAT NAMJILSANGARAV, Associated Press Writer
1:16 AM PDT, July 17, 2009
S. http://www.latimes.com/business/nationworld/wire/sns-ap-as-m….



Mongolia Seeks $25 Billion of Investments in Mining (Update1)
By Shigeru Sato and Michio Nakayama
Last Updated: July 17, 2009 03:05 EDT
S. http://www.bloomberg.com/apps/news?pid=20601080&sid=aMUH9ORU….



Ivanhoe Stock Drops on Mongolia Delay
07/16/09 - 06:17 PM EDT
Scott Eden
S. http://www.thestreet.com/story/10545423/1/ivanhoe-stock-drop….



Uranium Mining Operations Suspended
Written by Ch.Sumiyabazar
Friday, July 17, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Auszüge:

Mineral Resources Authority of Mongolia (MRAM) has suspended the licenses of two uranium mining companies for three months due to purported violations of various laws in the country.
...
The MRAM announcements were made as parliament continues to debate Canadian Ivanhoe Mining Corporation’s agreement for the Oyu Tolgoi (OT) gold mine, which has been in informal and formal negotiations for five years.

Most recently, the Parliamentary Standing Committee on the Budget is calling for an ammendment to the General Taxation Law in relation to the OT deal.



Spring session of SGK postponed its official closure
POSTED BY AMARSANAA ON JULY - 18 - 2009
S. http://www.business-mongolia.com/mongolia-government/spring-….

Auszug:

Official closing date of the spring session of the State Great Khural is postponed until the end of the next week due to several issues.
...

[TomCole]

Parliament Powers Government to Sign OT
Written by Ch.Sumiyabazar
Friday, July 17, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

The State Great Hural (Parliament) of Mongolia approved a resolution that gives the Government the power to sign the Oyu Tolgoi (OT) draft agreement.

The decision was made during Parliament’s general debate session on Thursday afternoon. It came shortly after the Standing Committee on Budgets unanimously disagreed with giving tax holidays to Ivanhoe Mines and Rio Tinto – the developers of the OT Project. The majority of parliamentary members at the session at a vote of 39 to 6 decided that the tax waive issue should be considered a significant part of the deal. The Parliament’s Standing Committees for Economics and Budgetary Affairs reconvened in the afternoon.

Along with the draft investment agreement on OT, there are some draft amendments to certain laws, including on taxation, minerals, and road infrastructures, that needed to be reviewed.

Some of the members, represented by both the DP and MPRP parties opposed the OT investment agreement, citing the change of a different investor being selected after the Rio Tinto contract with Ivanhoe expires in October.

Chinese detentions of the Australian company’s senior mining executives was discussed at the debate as Mongolian lawmakers heralded it as a “big signal”.

Whether China or Rio Tinto would be involved in the future of OT was a question some Mongolian parliamentarians expressed during the debate session.

Minister of Minerals and Energy D.Zorigt said that Rio Tinto has little possibility to keep investing in Oyu Tolgoi project if its agreement is delayed again or terms of the agreement are changed.

“I cannot say who would be sitting behind the negotiation table,” he said. “Would Rio Tinto remain or Ivanhoe Mines comes up on its own?”



Agreement May Wobble With Draft Changes
Written by Ch.Sumiyabazar
Friday, July 17, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

Before the parliament negotiated to put the agreement through, there was growing speculation that Ivanhoe Mines would cancel on the project after a meeting of the parliamentary standing committee, Unuudur earlier Thursday.

The Standing Committee on Budgets held a Wednesday meeting to discuss the draft amendments to the General Taxation Law, which has been submitted by the government along with the draft investment agreement on the OT copper-gold project.

The committee meeting was attended by First Deputy Prime Minister N.Altankhuyag; Minister of Minerals and Energy D.Zorigt; Minister of Nature, Environment and Tourism L.Gansukh; Chief Cabinet Secretary B.Dolgor; Deputy Finance Minister T.Ochirkhuu and representatives from the General Taxation Authority.

Members of committee voted 100 percent against starting discussion of tax amendments on the grounds that the presence of Finance Minister S.Bayartsogt is necessary. Bayartsogt is out of the country for medical treatment.

The tax exemption was eventually waved, holding the OT mining companies in account for obeying all existing tax laws existing at the signing of the final draft, if it’s approved.

According to the draft tax amendments, the Canadian mining company would have enjoyed tax holidays from windfall profits tax, value added tax, customs duty, and dividend withholding tax, totaling around US$18 billion.

Minister of Minerals and Energy D.Zorigt told lawmakers at the meeting that Ivanhoe Mines may “withdraw from negotiation” if there is no tax holiday.

Speaker of Parliament D.Demberel was also reportedly expressed his views in a letter to the committee chair, writing that he is not in favor of giving tax holiday to Canadian investors.

Earlier, the two major political parties had made statements in support of the draft agreement in its current form.



OT Agreement Passes Parliamentary Committees
Written by Danielle Mario
Friday, July 17, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



The Mongolian parliament has approved a resolution that powers the government to sign the Oyu Tolgoi (OT) draft investment agreement involving Canada’s Ivanhoe Mines.

The resolution that was settled during the general debate on Thursday will exclude the original tax holiday that was submitted along with the original draft agreement.

CEO of Khan Bank Peter Morrow said that Mongolia will make great strides in recovering from the hangover of the financial crisis if the government signs on to the deal. “The whole world is looking at what Mongolia’s potential will be if they finally approve it,” he said. “It will create a whole new chain of events in the country.”

The Parliamentary Standing Committee on the Budget made a call to amend the General Taxation Law that was submitted in connection with the draft Oyu Tolgoi Investment Agreement.

The committee decided that Ivanhoe’s exemption from a 68 percent windfall tax would be removed, adding that the company will be governed under existing tax laws.

The concern was drawn largely from the example of Russian-invested Altan Dornod Mongolia Company, which sued the government, saying that their company was required to pay the tax while Canada’s Boroo Gold was exempt.

Khan Bank – which owns a branch at the mining site – has been monitoring the proposed deal between Canada’s Ivanhoe Mining Ltd. and the Mongolian government, expecting it to eventually open the floodgates to investor confidence in the country.

“We expect accounting firms, law firms, guys that sell tractors, or pens and pencils –whoever – to come to town and set up shop, because there’s going to be a very significant supply chain if the agreement is settled,” he said.

World Bank Senior Mining Specialist Graeme Hancock said that if the agreement is decided, the first year will likely see slow growth.

“The conclusion of the agreement would send a message,” Hancock said. “People will have long-term confidence, but they’ll have to wait until the money is actually being spent to see significant changes.”

Morrow said that the US$5 billion mining deal would be equivalent to a 100 percent investment of GDP into an economic stimulus plan for Mongolia.

“The government won’t even have to come up with the money,” he said. “(Ivanhoe and Rio Tinto) are prepared to invest this money over the next five years to build.”

Once the mining begins, the Khobogd site will have a population of 20,000 within a few years and approximately 80,000 when the smelter is finished, potentially making the site the second largest city in Mongolia, said Morrow.
Rebecca Darling, Director of Natural Resources and Development for the Asia Foundation, said that there are certainly critics, but the people of the Gobi have been largely in favour of the mining deal because it will support them economically.

“When people talk about mining, they usually think OT and it becomes a political football,” Darling said. “I think that when something becomes politicized like that, it loses the practical side of it and the realities get lost.”

D.Jargalsaikhan, economist and president of the non-governmental organization Mongolians for Fair Taxes, Wise Spending is in favour of the new tax ammendments, but disagrees with the draft in its current form.

Specifically, he suggests that the government pull out from its 34 percent stake in the agreement.

“(The government) shouldn’t own any of the equity,” said Jargalsaikhan. “That just means the country is holding the responsibility for 34 percent of everything, whether it’s revenues or losses.”

“Why should we invest when the economic benefits come either way because of mining revenues? It will just be 34 percent more trouble for the Mongolian people.”

Darling said that the local communities have become more interested in understanding the impact of mining on their communities in the past decade because of negative experiences in the past.

“There’s a legacy of irresponsible mining in this country,” she said. “A lot of companies came in without consultation and mined the hell of the land with little to no consultation or community support, so citizens want to know what’s going on.”

Darling said that Ivanhoe and Rio Tinto have participated for three years in the Asia Foundation’s responsible mining project.

“As far as we’re concerned, they’re models in this country for responsible mining,” she said.

Aside from critics, Morrow believes that the agreement has a good chance of being approved due to larger economic circumstance.

“I think the government understands that they don’t have a choice at this point. They blew it … (the government) didn’t cut the deal when copper was at US$8900 per tonne, and now times are tough and investment conditions are tougher, but it’s time,” he said.

Hancock predicts a likelihood of negative growth if the deal isn’t signed.

“Mongolia needs these (mining) deals,” he said. “Any growth that the economy does have is very fragile and without the boosts from the development of large operations, we believe the growth will be slight for some time to come.”

Morrow projects that Mongolia will be at about zero percent GDP growth this year, while the World Bank has a slightly more positive forecast at 2.7 percent. Both predictions are significantly down from the 8.9 percent growth in 2008.

Morrow said that the OT agreement may have the potential to help other mining deals move forward.

“The whole world is watching this one, and has been for five years,” said Morrow. “The public and political debates, the negotiations, and the discussions have been going on for a while, and the government has been explicit in saying that they want to get OT done first. Then there’s nothing to prevent others to come along quickly.”



Two Distinct News on Oyu Tolgoi Project
Written by D.Jargalsaikhan
Friday, July 17, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

The most important event in the economic life of the country prior to Naadam (the national festival, July 11-13) was the permission given to the government to go ahead with the agreement with Ivanhoe Mines by two major parties that have seats in the Parliament. This news was a good one at least for owners of shares of Ivanhoe Mines at the New York Stock Exchange and made them happy as it was increasing their share values for one third over night.

But the issue is if the news made Mongolians happy to that extend or not? According to the framework of the agreement draft up to the date, Mongolia will own 34 percent of the shares without down payment at the beginning, but it will be a loan from the investor (Ivanhoe Mines) for a long term with almost 10 percent per year and will be paid back in many years from dividend.

What is the economic meaning of owning shares of a company? Do we have any other choice? How can we complete this long waited agreement as soon as possible? These are the questions we face for already four Naadam festivals in row.

Frankly, the news of getting 34 percent of the Ivanhoe Mines Mongolia shares was not the best news for informed Mongolians. Many of citizens, and a number of civic society organizations say that we Mongolians as the principle owners of the mineral wealth of the country must own majority shares of a company, as only holding share enables us to control the revenue and expenses, then profit sharing in proper way.

We Mongolians underestimate the fact that owning certain shares in a company means we do share to the same portion the economic costs and risk of the company and will be responsible for investment and management failure and success. In such case, it looks like we invest 34% of the required investment at the first glance, but with the suggested terms of loans, we actually are paying 100 percent for all required investment.

This means Mongolians will get much less in total from the revenue from the Oyu Tolgoi gold and copper deposit, which is already, regarded the largest in the world by its reserve size. This also means a slow shifting of the risk of the foreign investors onto the shoulders of Mongolian taxpayers down the road. This means that nobody will be responsible if there is environmental damage. It will increases operation costs of the company in vain, and will only help the ruling political parties looking good by delivering the election campaign promises of handing cash to everyone. This is a classic approach of many poor countries governments that used to get political and personal advantages from such a large mining project. Take almost any poor African or Latin American country for illustration.

According to agreement draft, Mongolia is to cover the cost and expenses of the Oyu Tolgoi project occurred up to the date, which is hard to estimate to agreeable amount, or to be estimated by the third party since Mongolia is to become 34% owner of that company. Mongolia is to invest into the project 34 percent of required investment in the future.

Mongolian entrance into the company as a shareholder enables the mother company (Ivanhoe Mines Ltd Canada, listed in Toronto and NY Stock exchanges) to convert its investment to its daughter company (Ivanhoe Mines Mongolia, the license holder of the mine), into a loan with certain percent. Source say the mother company had already claimed that it had invested almost a billion dollars into the project by the date. It means 34% of that loan is expected to be paid by Mongolia sooner or later6

According to foreign investor of the project, estimated 5Bln USD will be required for completion of the project. One third of the investment is to be paid by Mongolians, and the rest later on will be paid by us also as interest payment. With 10 percent per year, one pays interest, equal to principal in 10 years. In 30 years 3 times. The government will not pay back the loan as soon as possible because it knows that it can be delayed, or paid at the end. Our government had been running the budget almost always with a huge deficit. The most irony in here is that all these terms and conditions are initiated and pushed aggressively by the Mongolian Government.

Another provision suggests that the Mongolian side may increase its share at the completion of the contract in 30 years for another 17 percent in order to get the most wanted majority. May be again under the same condition, and the one side no-risk game will go for the second around. In fact, under these terms all investment, costs and expenses are slowly shifted not to the Government but onto the back of Mongolian tax payers at the end. Taxpayers like you and me, will take the risk.

Actually we were seeking for foreign investment for the project, but it is going to be a domestic investment at the end. Wanted the best, got the usual.

Governments in general, the Mongolian government in particular, was never a good manager because to every company with government participation, the political nominees enter into the company and usually take care of their own interests first instead of the company’s one and increase dramatically operation costs and making company into the red in very short time. If you do not agree, please point out one single government company in this country that is thriving, competitive, effective and profitable. Who that is thriving, is only top management which never bears any responsibility for own bad action.

If there is any single mining company in the country that had recovered the land after production of minerals to the original conditions or as in some countries even better than the photo taken before the land was touched. No single one yet. Recovery of the land is the job that the government is supposed to enforce.

But our government is never does the job it should do, only does the job it must not. As result we got lost over 400 rivers and lakes since the mining boom started 15 years ago. The people and herds had to run away from their land and migrated to the capital city, where over a half of the country population piled up already. By the way we are the 17th largest land in the world.

When the government is inside of the company that will develop the largest copper and gold mine in the world, do we trust that government can enforce the environmental requirement. No. The government officers cannot enforce the rules when they are not inside of a company. How they enforce themselves, when they are inside of the management of a company. It never happened, at least.

For recent years, we are witnessing the strong trend of increases of the government participation in all businesses and strong wish toward making everything in this country public. The reason for that is an increasing opportunity to deliver political election campaign promises to distribute cash. Once the politicians have a large power then they tend to spend all resources without proper accountability. Unrealistic promises of cashes by the political parties at election are forbidden by law in many countries.

Our politicians, both large two political parties who created the coalition government at the moment, seek for down payment upon signing the agreement in order to make their election campaign promises possible. Earlier the government asked 225Mln USD, which negotiated to 120 Mln this time. If this down payment is not paid during 30 years it will be 3 times more with interests and will be billed to taxpayers again.

One possible version of the agreement is stability agreement which is exists in the country already for making sure that future legal conditions change will not apply for the company. Any tax discount, provision of special conditions to that company are hard to implement and even harder to control and will not make discrimination against the native companies.

While we have not yet have a competitive economy, instead of investing all available scarce resources into one project, when even it was not asked, or exempting the investors from many taxes, we would be better off if we just collect related taxes as any other company, and get paid 5% of royalty for consuming the mineral resources of the country from the day one of production.

Concerning the preferences of purchasing Mongolian services and products if available, or hiring Mongolians as first priority, construction of required infrastructure under the Mongolian government planning, making those infrastructure open to other consumers, and not creating a monopoly right etc, all these issues can be included in that stability agreement.

There was second news on Bloomberg that could accommodate all the above mentioned concerns if implemented. In his first interview with the western major press, the newly sworn President Ts. Elbegdorj said that Mongolia would pursue a policy of not taking an equity interest in the Oyu tolgoi project.

This news was a good one for not only Ivanhoe mines shareholders, among which thousands of ordinary Americans who invested in pension funds, but also many Mongolians. Because ordinary Americans and Mongolians both wish own governments spend their tax money very wisely.

We do not expect our government to be a good businessman that will bring a lot of profit to us, but our only wish is put not us into a big debt.

[TomCole]

Zäsur

Meiner Ansicht nach ist mit der Bevollmächtigung der Regierung durch das Parlament der Mongolei (s.o., z.B. Posting #288) ein erheblicher Fortschritt hin zu einer Investitionsvereinbarung erzielt worden worden.

Die Investitionsvereinbarung bedurfte einer Zustimmung des Parlamentes. Mir war nie klar warum. Und mir ist nicht klar, ob dies noch der Fall oder nun erledigt ist.

Auf jeden Fall ist die Regierung jetzt befugt, den Abschluss der Investitionsvereinbarung mit IVN und RIO weiter voran zu treiben. Der Ball ist jetzt also im Feld der Regierung, wo er m.E. auch besser aufgehoben ist und hingehört.

Dies stellt m.E. einen deutlichen Entwicklungsschritt und Einschnitt dar.

Persönlich möchte ich anmerken, dass sich meine Verdrossenheit mit der mongolischen Politik inzwischen gelegt hat, denn (endlich!) hat man nun begonnen, seiner Verantwortung gerecht zu werden, und der Verpflichtung zu den nötigen legislativen Arbeiten ernsthaft nachzukommen. Die zeitlichen Versäumnisse der Frühjahrssitzung wurden wenigstens teilweise durch Sondersitzungen in der parlamentarischen Sommerpause aufgeholt, das ganze weitere Verfahren ist offenbar in Schwung und ein erheblicher Druck ist aufgebaut. Die aufgetretenen politischen Kontroversen gehören in einer Demokratie dazu (das ist m.E. bei uns im Prinzip auch nicht anders).

So hoffe ich, dass die Regierung der Mongolei nun mit der Investitionsvereinbarung mit IVN und RIO gut vorankommt!

[TomCole]

Antwort auf Beitrag Nr.: 37.592.954 von TomCole am 17.07.09 13:29:24

Bei mir ab jetzt Zeitmangel!

Die m.E. nun erreichte Zäsur (s.o., Posting #292) in der Entwicklung einer Investitionsvereinbarung der Mongolei mit IVN und RIO gibt mir Gelegenheit, mich hier im Thread zurückzunehmen.

Denn leider werde ich mein seit Ende April 2009 intensiviertes Monitoring der Oyu Tolgoi-Angelegenheit im Internet aus zeitlichen Gründen in dieser Form nicht fortsetzen können. (Es hat mir aber viel Spaß gemacht.)

Es wird ab jetzt also vorkommen können, dass ich wieder zeitweise überhaupt keine Beiträge liefere.

Ich teile das rechtzeitig jetzt mit, damit dies über das Wochenende hier im Thread bekannt werden kann.

Anregen möchte ich, dass sich nun auch andere Interessierte wieder mehr daran beteiligen, hier möglichst aktuell die dazu jeweils neu auftauchenden Informationen einzustellen.

Möglichweise ist der Hinweis nützlich, dass ich bei meinen täglichen Recherchen (manchmal mehrfach) die folgenden Websites durchsucht hatte [möglicherweise später nötige Verbesserungen bitte selber machen]:

TMX MONEY: Ivanhoe Mines Ltd. (IVN-T)
URL: http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=i…
S. http://cxa.marketwatch.com/tsx/en/market/quote.aspx?symbol=i…

Google News: oyu tolgoi
URL: http://news.google.de/news?um=1&ned=de&hl=de&q=oyu+tolgoi
S. http://news.google.de/news?um=1&ned=de&hl=de&q=oyu+tolgoi

en.NEWS.mn
URL: http://en.news.mn/homeDort (jeweils <Klick auf> ):- Politics- Economics- Mining- Social
S. http://en.news.mn/home
Dort (jeweils <Klick auf> ):
- Politics
- Economics
- Mining
- Social

MONGOLIA-WEB
URL: http://www.mongolia-web.com/
S. http://www.mongolia-web.com/

MONGOLIA-WEB: Mining
URL: http://www.mongolia-web.com/mining
S. http://www.mongolia-web.com/mining

Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
News aus der Mongolei
URL: http://www.mongolei.de/news/
S. http://www.mongolei.de/news/

Business Mongolia.com
URL: http://www.business-mongolia.com/
S. http://www.business-mongolia.com/

Business Mongolia.com: Mining
URL: http://www.business-mongolia.com/category/mongolia-mining-and-mineral/
S. http://www.business-mongolia.com/category/mongolia-mining-an…

UB POST: Front page
URL: http://ubpost.mongolnews.mn/Dort, wenn zeitlich möglich (jeweils <Klick auf> ):- Politics- Home News- Business- Economics
S. http://ubpost.mongolnews.mn/
Dort, wenn zeitlich möglich (jeweils <Klick auf> ):
- Politics
- Home News
- Business
- Economics

UB POST: Mining
URL: http://ubpost.mongolnews.mn/index.php?option=com_content&tas…
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

MONTSAME: English news
URL: http://www.montsame.mn/index.php?option=com_news&mt=normal_n…
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n…

MONGOLIAN NATIONAL MINING ASSOCIATION: News
URL: http://www.miningmongolia.mn/en/index.php?option=com_content…
S. http://www.miningmongolia.mn/en/index.php?option=com_content…

Stockhouse, Boards & Blogs, Bullboard: T.IVN
URL: http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=IVN&t…
S. http://www.stockhouse.com/Bullboards/SymbolList.aspx?s=IVN&t…

Mineweb
URL: http://www.mineweb.net/mineweb/view/mineweb/en/page1?
S. http://www.mineweb.net/mineweb/view/mineweb/en/page1?

Zur Kontrolle:
news.mongolia.com
URL: http://www.news-mongolia.com/
S. http://www.news-mongolia.com/

Zur Kontrolle:
The Business Council of Mongolia: News
URL: http://www.bcmongolia.org/index.php?option=com_content&view=…
S. http://www.bcmongolia.org/index.php?option=com_content&view=…

[MFC500]

17.07.09

Wie der mongolische Premierminister heute mitteilte, will das Land in den nächsten fünf Jahren 25 Mrd. USD an Auslandsinvestitionen für den Bergbau heranziehen. Premierminister Sanjaa Bayar sagte, dass in der Mongolei jedes Jahr ein großes Minenprojekt gestartet werden solle.

Die Mongolei verfügt über große Reserven an Gold und Kupfervorkommen.

Ein Analyst der Eurasia Capital Management sagte, dass das Wichtigste sei, dass die Regierung den politischen Willen hat, gute Investitionsbedingungen zu schaffen.
http://www.rohstoffe-go.de/index.php?id=771&tx_asiabeitrag2_…

Dieses Ziel dürfte bei anhaltendem Gezerre um Oyu Tolgoi vollkommen unrealistisch sein. Oyu Tolgoi wird somit zum Prüfstein für alle potentiellen Investoren.

[TomCole]

Ivanhoe Mines Schedules Negotiations With Government of Mongolia to Settle an Investment Agreement for the Oyu Tolgoi Project
1:40 PM ET, July 21, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

ULAANBAATAR, MONGOLIA, Jul 21, 2009 (Marketwire via COMTEX) -- Ivanhoe Mines Ltd. (IVN)(US:IVN)(US:IVN) -

Ivanhoe Mines President John Macken said today that the company has accepted an invitation from the Government of Mongolia to resume negotiations on July 27 aimed at concluding an Investment Agreement for the Oyu Tolgoi copper-gold development project.

The Mongolian Parliament voted on July 16 to authorize the Government to conclude a long-term, definitive Investment Agreement with Ivanhoe Mines and Rio Tinto for the development and operation of the Oyu Tolgoi mining complex.

The Government of Mongolia has indicated in a letter to Ivanhoe Mines and its strategic partner, Rio Tinto, that it will work with the companies to reach an agreement that is "mutually beneficial, fair and sustainable".

Ivanhoe Mines shares are listed on the Toronto, New York and NASDAQ stock exchanges under the symbol IVN.

SOURCE: Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd.
Bill Trenaman
Investors
1-604-688-5755
Ivanhoe Mines Ltd.
Bob Williamson
Media
1-604-331-9880
www.ivanhoemines.com




Mongolia is right in setting its own terms for Oyutolgoi, says Z.Enkhbold
Di, 21 Jul 2009 15:49:36
S. http://en.news.mn/news/3116.





Spring session of the SGK ends today
POSTED BY BADRAKH ON JULY - 22 - 2009
S. http://www.business-mongolia.com/mongolia-government/spring-….



MP Kh.Narankhuu: Let’s give the power to sign the investment agreement to the Government
POSTED BY AMARSANAA ON JULY - 21 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….



Government is Authorized to Complete OT Agreement But Still Needs Parliament Approval for Tax Breaks
Written by Dale Choi
Tuesday, July 21, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Exporting the Tavan Tolgoi Coal: Choosing the Best Way Out
Written by Administrator
Tuesday, July 21, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



German Government likely to provide support for mining technology transfer
Di, 21 Jul 2009 15:45:47
S. http://en.news.mn/news/3114.



Parliament carries on for another week
Mo, 20 Jul 2009 15:19:04
S. http://en.news.mn/news/3107.



MP Z.Enkhbold: Oyu Tolgoi is not the deposit to grant with begging without taxes
POSTED BY AMARSANAA ON JULY - 20 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….



A RETURN TO ‘REAL MARKET TIGHTNESS'
Copper market to be in deficit by 2011 - RBS
Future mine capacity growth "will barely suffice" once real copper consumption demand starts growing again, turning the spotlight "rapidly back to the supply side of the market."
Author: Dorothy Kosich
Posted: Monday , 20 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=86….



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
13. bis 17. Juli 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009jul3.htm.

Auszüge:

Noch kein Abschluss der Frühjahrssitzungen

Auch der zweite Termin für den Abschluss der Frühjahrssitzungen der Großen Staatsversammlung am 17. Juli kann nicht eingehalten werden.

Zu viele wichtige Fragen konnten nicht abschließend geklärt werden.

Die Übernahme der Oyutolgoiverhandlungen durch die Regierung erfordere die Anwesenheit des Regierungschefs, der erst am 20. von seiner Japandienstreise zurück erwartet wird.

Der Präsident, der gegen das Abkommen sein Veto einlegen kann (einige Bürgerbewegungen haben das bereits gefordert), hat fünf Tage Zeit für seine Entscheidung.
...
Durchbruch beim Oyutolgoi-Investitionsabkommen?

Die Parlamentssitzung am 16. Juli war geprägt durch hitzige Debatten um das Investitionsabkommen zu Oyutolgoi, Änderungen zum Bergbau- und Steuergesetz.

Nach mehreren Pausen einigten sich die Abgeordneten am Abend schließlich darauf, die Verhandlungen und den Abschluss der Oyutolgoi-Vertragsverhandlungen mit Ivanhoe Mines der Regierung zu übertragen. Dabei dürften jedoch das mongolische Grundgesetz und die nationalen Sicherheitsinteressen nicht außer Acht gelassen werden.

Die Steuergesetzgebungs- und Bergbaugesetzdiskussionen wurden allerdings erneut in die zuständigen Ausschüsse delegiert.

Keine Unterstützung hatte bereits im Wirtschaftsausschuss der Passus gefunden, dem Investor (Ivanhoe Mines Mong. Inc.) großzügige Steuerermäßigungen zu gewähren. Im Entwurf ist vorgesehen, das Unternehmen von der Zahlung der 68-Prozent-Sondergewinnsteuer gänzlich zu befreien. Das widerspräche dem Gleichheitsprinzip. Einheimische und ausländische Investoren protestierten seit langem gegen diese Steuer.

Harsche Kritik musste sich Bergbauminister Zorigt anhören, seine Erklärungsversuche und Informationspolitik seien völlig ungenügend. Jeden Tag würden andere Zahlen über die Vorkommen, die Investitionskosten, die zu erwarteten Profite verbreitet.

Es sei zudem nicht zu akzeptieren, dass der Investor einen Milliarden-Dollar-Betrag plus Zinsen als Rückzahlung für die 34 Prozent Eigentumsanteile des mongolischen Staates fordere.
Nach Aussagen des Bergbauministers umfassen die Kupfervorkommen in Oyutolgoi 22 Millionen Tonnen, die Goldreserven 778 Tonnen, außerdem seien zusätzlich reiche Silbervorkommen entdeckt worden.
...




Von http://en.news.mn/home, Stand: Fri, 17 Jul 2009 20:28:08

Government given the rights for making the Oyutolgoi agreement
Fr, 17 Jul 2009 20:28:08
S. http://en.news.mn/news/3099.



Mongolia keeps Rio Tinto and partner Ivanhoe on hold
Matt Chambers | July 18, 2009
S. http://www.theaustralian.news.com.au/business/story/0,28124,….



Rio-Ivanhoe Mongolian Mine Closer to Approval, Ambassador Says
By Bloomberg News
Last Updated: July 17, 2009 03:18 EDT
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=a6hmP7wS….



Ivanhoe Mines Trading on Mongolia Talks, Up 44% in July
Posted July 17th, 2009 by theStockMasters... in Financial News
S. http://www.thestockmasters.com/ivanhoe-ivn-07172009.

[TomCole]

BCM Mongolia: Minister hints at Rio Tinto’s withdrawal
News - Government
Friday, 24 July 2009 13:20
S. http://www.mongolia-web.com/government/2595-bcm-mongolia-min….



Oyu Tolgoi Talks to Resume Monday
Written by Ch.Sumiyabazar
Friday, July 24, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



DEMBEREL CALLS PRESS CONFERENCE
2009-07-24 16:31:24
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Speaker defends resolution on Oyutolgoi
Fr, 24 Jul 2009 17:47:16
S. http://en.news.mn/news/3135.



Spring Session Ends with a Negotiation Date for OT
Written by Dale Choi
Friday, July 24, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Will Sharing be to Mongolia’s Benefit?
Written by D.Jargalsaikhan
Friday, July 24, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



VAT refund to mining companies stopped in certain cases
Fr, 24 Jul 2009 17:55:15
S. http://en.news.mn/news/3141.

[VAT: Value Added Tax, Umsatzsteuer.
S. http://de.wikipedia.org/wiki/VAT.]



SPEAKER MEETS FRENCH AMBASSADOR
2009-07-24 15:08:18
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….



Entrée Gold Announces Option Agreement with HoneyBadger Exploration
July 23, 2009
S. http://www.entreegold.com/news/index.php?&content_id=209.



ASX Announcement,
Ivanhoe Australia Limited (ASX: IVA),
22 July 2009, 8:37 AM,
Molybdenum Conference Presentation,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=320807.



IVANHOE TO REOPEN TALKS WITH MONGOLIA NEXT WEEK
2009-07-22 20:06:18
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….





Minerals Authority claims its work ethic has changed
Mi, 22 Jul 2009 16:02:08
S. http://en.news.mn/news/3121.



VAT not to be refunded to mining companies
Mi, 22 Jul 2009 16:14:10
S. http://en.news.mn/news/3125.



Only final products of mining industry will be VAT free
POSTED BY ERDENEBILGUUN ON JULY - 23 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….



SPRING SESSION OF PARLIAMENT ADJOURNS
2009-07-21 20:27:27
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Parliament ends Spring session
Mi, 22 Jul 2009 16:00:29
S. http://en.news.mn/news/3120.



Spring session of the SGK ends today
POSTED BY BADRAKH ON JULY - 22 - 2009
S. http://www.business-mongolia.com/mongolia-government/spring-….



Kh.Temuujin explains his stand in Parliament
Mi, 22 Jul 2009 20:22:54
S. http://en.news.mn/news/3126.



Government-Ivanhoe talks begin on July 26
mer, 22 lug 2009 16:08:27
S. http://en.news.mn/news/3122.



Mongolian Cabinet to resume Oyu Tolgoi copper/gold project negotiations
Author: Dorothy Kosich
Posted: Wednesday , 22 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page72068?oid….



Tuesday, July 21st, 2009
Ivanhoe Mines to resume negotiations with Mongolian government on major copper project next week
The Canadian Press
S. http://www.brandonsun.com/story.php?story_id=149216.



Ivanhoe set to resume talks over Mongolian mine
Last Updated: Tuesday, July 21, 2009 | 5:03 PM ET
S. http://www.cbc.ca/money/story/2009/07/21/invanhoe-mining-mon….



Ivanhoe to Resume Talks With Mongolia on Copper Mine (Update2)
Last Updated: July 21, 2009 16:25 EDT
By Rob Delaney
S. http://www.bloomberg.com/apps/news?pid=20601082&sid=akX5pFmY….



UPDATE 1-Ivanhoe to reopen talks with Mongolia next week
Tue Jul 21, 2009 2:39pm EDT
S. http://www.reuters.com/article/rbssIndustryMaterialsUtilitie….



Ivanhoe Soap Opera: Talks with Magnolia Resume July 27th
Posted July 22nd, 2009 by theStockMasters... in Financial News
S. http://www.thestockmasters.com/node/1556.



ENKHBOLD MP: IVANHOE MUST PAY ALL KINDS OF TAXES
2009-07-21 20:27:28
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….



Mongolia Mining Report Q3 2009 (Business Monitor International)
Published Date: 01/07/2009
S. http://www.companiesandmarkets.com/Summary-Market-Report/mon….



Mongolia's growing shantytowns: the cold and toxic ger districts
Submitted by Dave Lawrence on Wed, 07/08/2009 - 15:06.
S. http://eapblog.worldbank.org/content/mongolias-growing-shant….


Children breathe thick, toxic smog from thousands of stoves in Ulaanbaatar's ger districts, which are home to 60 percent of the city's population.

See the complete Flickr set here. [===> http://www.flickr.com/photos/eastasiapacificblog/sets/721576…]

[TomCole]

Government presents 35 demands as Oyutolgoi talks continue
Mi, 29 Jul 2009 14:41:47
S. http://en.news.mn/news/3159.

The working group set up by the Government and Ivanhoe Mines have been meeting every day since Monday to reach an agreement on investing in the Oyutolgoi project. Both sides have been tightlipped about how things are going and no immediate breakthrough is expected.

The Mongolian side includes three members of the Cabinet -- Finance Minister S.Bayartsogt, Mineral and Energy Minister D.Zorig, and Environment and Tourism Minister L.Gansukh. About a dozen officials from the three ministries are helping them in the talks.

The investors’ side is led by Commerce Director Sam Riggal of Rio Tinto and John Fonioni, Vice President, Legal Issues, at Ivanhoe Mines Mongolia Inc. Both are familiar with past negotiations on the agreement.

The Mongolian side has submitted its fresh list of 35 demands. The most contentious issue is the 68 percent windfall profits tax. The Mongolian Parliament has said this can in no circumstances be waived, while the investors have from the beginning refused to accept this, arguing that if this is levied the total tax burden would go up to an unacceptable 90 percent of the profits.

Another thorny issue is that of how much share the Government will have. Parliament has instructed the Government to try hard to raise this to 50 percent from the 34 percent that both sides had agreed upon. This would have been difficult to achieve as the mining law in force does not support the Government claim to own more than 34 percent. To bypass this dichotomy the Mongolian side is now asking for 34 percent share in Ivanhoe Mines Mongolia Inc, and not of the Oyutolgoi project.

The Government also wants three representatives on the 9-member Board of executives. Parliament adopted a measure on the last day of the Spring session that bars mining companies, including Ivanhoe Mines, from claiming refund of VAT they pay. In addition, the Mongolian side has rejected the investor’s proposal that equipment and machinery for the project be allowed to be imported without paying customs duties.



Spoke to IVN IR today
Art2004
7/28/2009 4:35:06 PM | Post #27321355
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….

Auszug:

Negotiations are continuing. but they are hard and detailed with lots of experts on both sides of the table. They are trying to come to an agreemnt that IVN/RIO could sign and also be within the guidelines of the recently passed resolution by Parliament. Not too easy a task.

However, both sides appear to be committed to continuing the negotiations until an acceptable agreement is reaches. They are scheduled to continue until Friday and it could even go to next week, Both IVN and RIO are committed to continuing the discussions.
...



IVN wrote letters to the MPs
POSTED BY BADRAKH ON JULY - 29 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

IVN wrote letters addressed to each and every one of the MPs which states that they are willing to have open discussions and are ready to provide necessary information. There are reasons for this as they want to have one on one discussion with the MPs and willing to provide information about mining industry. Some MPs have limited knowledge of the Mining sector, IVN representatives have noted. Therefore necessary information and knowledge needs to be provided, IVN tends to understand and evaluate.



Oyu Tolgoi discussion resumes
POSTED BY BADRAKH ON JULY - 28 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

IA of Oyu Tolgoi was discussed yesterday between the Government, IVN and Rio Tinto. They have sat at the table for the 4th time. Sam Regal, leader of the working group of the investors had met with D.Zorigt, leader of working group of the Government and S.Bayartsogt, Minister for Finance. Sam Regal is responsible for all investment agreement of Rio Tinto.

Working group of the Government presented the resolution No 57 to the investors. This means the Government is only allowed to make agreement under the current principle made by the Standing committee on Economy. The guidance is to make the agreement without tax waive or redemption. The IA discussion will continue to resume today.



Ivanhoe, Government group meet
Di, 28 Jul 2009 15:52:41
S. http://en.news.mn/news/3154.

Ivanhoe Mines representatives and a working group set up for the purpose by the Government met yesterday to renegotiate the investment agreement on Oyutolgoi. Not much business was transacted at the meeting which merely marked the beginning of another process in the long history of efforts to reach an agreement. The real work will start soon.



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
18. bis 26. Juli 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009jul4.htm.

Auszüge:

Abschluss der Frühjahrssitzungen

Am 21. Juli beendete D. Demberel, der Vorsitzende der Großen Staatsversammlung, die Frühjahrssitzungsperiode 2009.

Anwesend waren neben Regierungsmitgliedern, Agentur- und Behördenchefs auch Präsident Ts. Elbegdorj und Ministerpräsident S. Bayar.

Hinter den nüchternen Zahlen - 25 Plenartagungen, 130 Ausschusssitzungen, 71 beschlossene und diskutierte Gesetze und Gesetzesentwürfe, 38 Gesetzesänderungen und –zusätze, 34 Beschlüsse – zeigten sich die künftigen Entwicklungsrichtlinien in der Haushalts-, Finanz-, Sozial- und Wirtschaftspolitik, im Umwelt- und Naturschutz, betonte Demberel in seinem Schlusswort.

Abschließend behandelt worden seien u.a die Fragen über ein einheitliches Melderegister, die Atomenergie, die Politik zur Verbesserung der Lebensbedingungen der Viehhalter und Ackerbauern durch Steuererleichterungen und die Schaffung besserer Binnenmarktbedingungen.

Die Mehrheit der Abgeordneten habe schließlich dafür gestimmt, die Regierung mit der Fortführung der Oyutolgoi-Vertragsverhandlungen zu beauftragen.

Für die Herbstsitzungen, die Anfang Oktober beginnen, seien 60 Tagesordnungspunkte beschlossen worden.

Die letzte Frühjahrsitzung stand ganz im Zeichen der Diskussionen um den „Schatzanteil" und die „Wohltätigkeitsstiftung", die Wahlversprechen der beiden großen Parteien. Versprechen, die unmittelbar an den erfolgreichen Abschluss der Investitionsabkommen mit den Eignern der großen Bergbauvorkommen gekoppelt sind.

Vorgesehen ist die Gründung einer Staatsstiftung „Bayanmongol", über die die Leistungen an die Bürger abgewickelt werden sollen.

S. Oyun, Vorsitzende der Zivilcouragepartei, wies eindringlich darauf hin, den Bürgern klar zu machen, dass die eine oder anderthalbe Million Tugrug nicht in bar ausgezahlt würden. Vor allem auf dem Land hätten Bürger bereits Kredite in Erwartung dieses Geldsegens aufgenommen.

Inzwischen wurden Stimmen laut, die die Delegierung des Verhandlungsmandats an die Regierung als „Hinterhalt" bestimmter Interessengruppen auf dem Wege, die Regierung zu stürzen, werten.

Die Vorgaben der Parlamentarier an die Regierung (u.a. keine Zusagen für Steuererleichterungen) seien bekanntermaßen nicht durchzusetzen. Rio Tinto habe bereits seinen Ausstieg aus dem Oyutolgoiprojekt angedroht, was womöglich einen Verkauf der Lizenzen an China (Chinalco) zur Folge hätte.
...

Einladung zu Investorenforen 2009

In Verwirklichung des von der Staatsversammlung beschlossenen Programms zur Regionalentwicklung bereiten Außenministerium, die Agentur für Auslandsinvestitionen und Außenhandel (FIFTA), das Nationalkomitee für Regionalentwicklung, die Regionenräte und die Aimagverwaltungen Treffen ausländischer Investoren für die Ost-, West-, Khangai-, Gobi- und Zentralregion vor.

Am 06. August werden interessierte Investoren für die Ostregion in das Zentrum des Ostaimags, Choibalsan, eingeladen, am 28. August folgt die Westregion. Hier werden sich die Teilnehmer in Khovd (Khovd-Aimag) versammeln.

Bisher angesagt haben sich potenzielle Investoren aus China, Russland, Korea, der Türkei, aus Japan, den USA und aus Hongkong.

Im Osten (Khentii, Dornod, Sukhbaatar) leben 7,1 Prozent der arbeitsfähigen Bevölkerung, hier werden sechs Prozent des BIP erwirtschaftet. Die wichtigsten Wirtschaftszweige sind die Viehhaltung und Bergbau.

In den letzten Jahren sind die Viehzahlen in der Region stark gestiegen – gute Bedingungen für die Schaffung kleiner und mittlerer Betriebe zur Verarbeitung tierischer Rohstoffe, wie der stellvertretende FIFTA-Chef auf einer Pressekonferenz am 24. Juli in Ulaanbaatar betonte.

Zwischen 1996 und 2009 hätten Investoren hauptsächlich aus China, Russland, Kanada und Korea 20 Millionen USD investiert, 70 Prozent der Investitionssumme seien in den Bergbau geflossen.

In der Westregion (Bayan-Ulgii, Gobi-Altai, Zavkhan, Uvs und Khovd) lebten 16,2 Prozent oder 170 700 der arbeitsfähigen Bevölkerung des Landes, die sieben Prozent des BIP erwirtschafteten. Die Landwirtschaft hat daran einen Anteil von fast 72 Prozent, die Industrie nur 5,4 Prozent.

Die Bevölkerung ist heterogen, hängt unterschiedlichen Religionen an, Kulturbesitz, Sitten und Bräuche unterscheiden sich zwischen den einzelnen Gruppen und Nationalitäten manchmal beträchtlich, manchmal nur in Nuancen.

70 Auslandsfirmen aus China, Kasachstan, den USA und Korea haben seit 1996 12 Millionen USD investiert.

60 Prozent der Investitionen kamen der Landwirtschaft und Nahrungsgüterproduktion zugute.

Interessen für die Teilnahme an den Foren können sich unter www.regionalforums.investmongolia.com weitere Informationen besorgen.



IS POLITICS TO BLAME FOR BOORO STRIKE?
Mongolian Government allows Boroo gold operations to resume
Centerra Gold can now resume mining operations at the Boroo operation in Mongolia. The real motivation behind the strike that resulted in the Mongolian government's suspension of mining at Boroo is still puzzling.
Author: Dorothy Kosich
Posted: Tuesday , 28 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=86….

Auszug:
...
In a recent column, retired Mongolian politician, historian and political writer Baabar suggests the Boroo strike was motivated by more than wages. "They get paid four to five times higher than the national average of about US$250 of this poor country," Baabar said. "But they claim compensation on the grounds that Mongolians are working in sweatshop conditions for little pay and Mongolian wealth belongs to Mongolia, not to Canada." Centerra is based in Toronto.

The striking workers are seeking US$10 million in compensation, Baabar claims, while Centerra is prepared to pay US$1.6 million. Meanwhile, Baabar notes Centerra Gold is the second highest taxpayer in the country, after the Mongolian-Russian joint venture Erdemet, one of the largest mining and processing facilities in Asia.

However, Baabar also suggested both Moscow and Beijing are interested in evicting western investments and geopolitical interests from Mongolia, or at least freeze the use of Mongolian natural resources so that nobody can use them if Russia or China cannot benefit from them. He asserts that China and Russia have created a fifth echelon of decision-making within the Mongolian Government, as the country has allowed corruption to grow and develop.

"More than 2,000 foreign incorporated companies have operations in the territory of Mongolia from which 50% is incorporated by Chinese," Baabar said.

"There are 72 countries in the world that export mineral resources," he notes. "Mongolia, along with Zimbabwe and Venezuela, is perceived by investors to pose the highest levels of investment risks anywhere in the world."

‘Western investors have already gotten tired from Mongolia," Baabar asserted, adding that most major western mining companies have left the country or are preparing to leave.

"It is obvious that no good corporate citizen will replace these companies," he concluded.



COMMENT: Resource-rich Mongolia hit hard by drop in commodity prices
Alisher Ali Djumanov of Eurasia Capital
July 28, 2009
S. http://businessneweurope.eu/story1705/COMMENT_Resourcerich_M….



World Bank stresses clear timetable, transparency in developing infrastructure in southern Mongolia
Mo, 27 Jul 2009 18:30:01
S. http://en.news.mn/news/3145.



GLOBAL CONSUMPTION VS. PRODUCTION
Can copper keep up the momentum?
With copper prices hitting record highs, many are hoping that the metal will be a sign of things to come for the rest of the economy. But is it too soon to start calling a recovery? Depends on what you read.
Author: Julian Murdoch
Posted: Friday , 24 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=86….



NEW ZEALANDERS EMBARK ON HUNT FOR MONGOLIAN DEATH WORM
2009-07-27 19:46:01
S. http://www.montsame.mn/index.php?option=com_news&mt=normal_n….

[TomCole]

D.Zorigt: Situation is not easy
Thu, 30 Jul 2009 16:40:42
S. http://en.news.mn/news/3169.

Briefing newsmen on the progress of the talks on Oyutolgoi Mineral and Energy minister D.Zorigt said on Wednesday that it is too early to report anything “but the situation is not easy”. Parliament has refused to annul the 68 percent windfall profits tax and has also withdrawn VAT refund benefits. It has also insisted on 34 percent ownersip for Mongolia.

He said the investors have not yet rejected these proposals or offered others of their own and said, “I can only repeat that the situation is not easy.”



Mongolia has two ways
POSTED BY BADRAKH ON JULY - 30 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

We have informed that OT investors sent letters to MPs regarding the IA. The letters did not get to the hands of the PMs yet but we have published the letter with signature of Sam Regal, leader of the working group of the investors. In this letter they have stated that “during this important period of this IA we are able to make official meeting and provide answers if you have any questions or doubts regarding the IA or the OT project “. The letter also mentions about the importance of OT to Mongolia as this will kick start the economy and social development through providing thousands of workplaces and business opportunities. Rio Tinto sees this as new era of Mongolian mining development.

“This choice is not today’s choice, it is the choice of elected leaders choosing for the future. Mongolia is at a junction with two ways, one is to attract foreign investment, build world standard mining sector and to build strong independent economy but the other way is to build neighbors dependent economy, limited agriculture and investors will already have lost confidence in Mongolia.”

“Your respected vote will choose the right way of the two and will benefit in the long run. Hopefully we will get chance to share our opinions for this matter” That’s how the representatives of the investors have finished the letter. The ending lines must give the MPs and the leaders something to think about. It is better and beneficial for everyone to reach an agreement, comments made by the public.



Rio Tinto Letter to MPs of SGK
POSTED BY AMARSANAA ON JULY - 30 - 2009
S. http://www.business-mongolia.com/mongolia-government/rio-tin….



RIO TINTO
Personal Credential Letter
14201 Ulaanbaatar
Government House
Sukhbaatar Square 6
Date: 27.07.2009

Dear Honorable Parliamentarian____________________________,

We have carefully seen the Parliament discussion on draft Investment agreement to realize Oyu tolgoi project. At this very important moment, please accept our determination to provide official responses through meetings if you have any questions and concerns with regard to realization of Oyu tolgoi project.

Rio Tinto believes that the draft agreement, discussed with the joint Government, is not only the first step to ensure special socio-economic development jump through creation of thousands of job places, business opportunities and infrastructure but also the start of new generation to use Mongolian mineral resources with great responsibility.

It is not the decision about today instead this is the one about the future that the current representatives of the Mongolian people want to build for the next generation of Mongolia.

We think that Mongolia is now at the entry of crossroad. One is towards attracting foreign investment, building up world-class mining sector and maintaining open socio-economy to encourage independent economy. The other one is closed economy which lost confidence in foreign investors and aid donors, became dependent upon neighbors and adopted limited industrial areas. Your opinion, whether agreed or disagreed the utilization of Oyu tolgoi, shall identify the long-term path, which Mongolia would take on.

We hope that you will consider a chance of meeting us in the near future to exchange opinions.

Yours respectfully,

Sam Riggall
Commercial Manager,
Rio Tinto

John Foniani
Legal Affairs Manager,
Ivanhoe Mines



Video:
30. Juli 2009
Minister of Mineral Resources and Energy : D.Zorigt gives an interview to C1 TV
S. http://www.youtube.com/watch?v=j2Fa4VujSeM&eurl=http%3A%2F%2….

Vergl. http://www.youtube.com/user/zszcxdvcfb



DALE CHOI'S BLOG AND LIFE
Thursday, July 30, 2009
MINISTER ZORIGT: SITUATION IS VERY DIFFICULT, BUT WE ARE DOING EVERYTHING IN OUR POWER TO GET RESULTS
S. http://uclalum.blogspot.com/2009/07/minister-zorigt-situatio….



An irregular session of SGK would be held on August 10 2009
POSTED BY AMARSANAA ON JULY - 30 - 2009
S. http://www.business-mongolia.com/mongolia-government/an-irre….

A hearsay is wandering around the Government House that the irregular session of SGK would be called on August 10 2009. The reason of the irregular session is obviously OT IA. Minister D.Zorigt expressed several times through media that reaching deal with resolution of the State Great Khural is impossible. Therefore, SGK would held an irregular session to discuss the issue.




RE: spoke with investor relations
...
jarat ...
7/29/2009 4:05:44 PM | |...| Post #27324570
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….
...
I also talked with IR's Bill Trenneman yesterday. The bottom line remains much the same--IVN/RTP can live with between 50-55% government take. The windfall profit tax is unworkable. The groups currently working will probably have to hammer out an IA that displaces the windfall tax and send it back to Parliament for an impromptu meeting in early to mid August. Mong govt seems to believe that because Erdenet copper operation in the north can work with the windfall tax, OT should be able to also. Erdenet and OT are two different animals completely (public vs. private, open pit vs. primarily underground, and several other important distinctions. Russians don't complain because 50% of Erdenet was effectively given to them as repayment for an old loan). When the Mong govt sees that they are still getting a deal that is within the top 5% in terms of taxation anywhere in the world, they might quit trying to "eat the whole elephant in one bite".


spoke with investor relations
...
mongolianjoe ...
7/29/2009 12:52:26 PM | |...| Post #27323669
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….
...
this morning...he said don't believ 90% of what you are reading...the 35 demands are not actually demands, rather getting the wording correct....he said there were issues they were still ironing out.....but i came away thinking ivn/rio were still upbeat a deal will get struck............




International loans start arriving
Do, 30 Jul 2009 16:38:25
S. http://en.news.mn/news/3167.

Loans promised by international financial organizations as part of the agreement with IMF have started arriving. Mongolbank has said the World Bank transferred USD41.9 million on July 24, thus raising the foreign currency reserve to USD824.1 million and USD40 million from the ADB is expected any day.



New MPRP building to have 9 floors
Mi, 29 Jul 2009 17:08:02
S. http://en.news.mn/news/3163.



The new MPRP headquarters will have nine floors as that is a lucky number in Mongolian belief. The present building, dating from 1990, was burnt on July 1 last year. The estimated cost of the new building is MNT10 billion and it will come from the State budget.

Work is expected to begin soon and to finish by 2011.

Anmerkung:
MPRP: Mongolian People's Revolutionary Party
Vergl. http://en.wikipedia.org/wiki/Mongolian_People's_Revolutiona….



DALE CHOI'S BLOG AND LIFE
Tuesday, July 28, 2009
OT NEGOTIATIONS ARE INTENSELY UNDERWAY FROM 10:30 AM TO MIDNIGHT FORTUNA BATBAYAR: IF YOU DON’T WANT TO PAY WPT, ESTABLISH SMELTER
S. http://uclalum.blogspot.com/2009/07/ot-negotiations-are-inte….



The Endangered Gobi Bear
Written by Kh.Ganchimeg
Friday, July 31, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

The Gobi Bear, also known as Mazallai, is one of Mongolia’s endangered species.
Historically, there were many Gobis in the country prior to the 19th Century, according to explorers’ records. The bear is native to Toson Bumbiin Nuruu, Nemekht, Aj Bogd, and the Mongolian-Chinese border.

In the past two centuries, the Gobi bear numbers have diminished due to desertification and overhunting. Approximately 21 percent of the deaths are due to malnutrition.

The animal has been protected under Mongolian law since 1953, and some 75 to 100 bears were roaming the Gobi desert from 1966-1973.

There have been 11 cases of foreign, mining-interest and military killings.

[TomCole]

2nd week of OT discussion
POSTED BY BADRAKH ON AUGUST - 3 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

It had been 8 days since the start of the OT IA discussion between the Government and the investors. Some may believe that the day is coming because during some days discussions continued till midnight and even on the weekends. Government declared that they will not report publicly about the discussions before IVN and Rio reach a point and make decisions. That is their new house rule. The discussions may end this week and everyone is waiting for positive news eagerly. Everyone around the globe is waiting for news. 80% of Mongolian people want this IA to go forward and start giving its benefit as soon as possible.

Comments from experts:

D.Zorigt, Minister for Mineral Resources and Energy:
The current IA of OT is not able to go through as IVN and Rio already have refused it. We are to wait for the next SGK session whether it takes place soon or in autumn. The government prepared two alternatives for the party groups. First to own 34% and offer certain tax waiver or redemption in order to launch huge creation and the second one is to benefit from tax income without ownership of 34%. The latest resolution is the mix of these two alternatives.

N.Dashzeveg, Director of Mongol University, Expert Economist:
By theory, this resolution of the IA is able to go through. It just means that the deal is the same as Erdenet. Investors want better deal because 3 leaders, PM, Speaker and the President showed different interest and shares different opinions regarding this OT project. If good offer is made then of course SGK has no problem with it. There is also not enough information about the copper commodity in Mongolia. If Investors want tax waive or redemption they will have to provide their economic evidence that they could not pay the taxes in the current situation. This way that both sides will be clear of what the cost is and how much profit will be made. Currently, the PM wants 55-77% of the profits. This figure made by the Ministry of Finance needs to be monitored.



D.Demberel will make his decision
POSTED BY BADRAKH ON AUGUST - 3 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

Speaker D.Demberel returns to the capital after working in his province. He had presented the works of the SGK to the locals and had implemented many works and projects in many sums of the Khovd province.

The return of the speaker will influence many decisions including the future of politics environment, whether the irregular session will take place and how he will react and reply to the ‘private letter’ sent from the directors of Ivanhoe Mines and Rio Tinto. Government Office sent official letter to the Speaker which request irregular session of the SGK to be held.



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
27. Juli bis 2. August 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009aug1.htm.

Auszüge:
...
Sondersitzung der Großen Staatsversammlung?

Auch nach dem Abschluss der Frühjahrssitzungen werden die Diskussionen um das Oyutolgoi-Investitionsabkommen unvermindert fortgesetzt.

Dabei reichen die Meinungen zum Vertragsentwurf von „Das sei für die Mongolei eine exzellente Möglichkeit, ihre Wirtschaft zu entwickeln, Geld käme in die Staatskasse, Arbeitsplätze würden geschaffen, allerdings müsste die Sondergewinnsteuer von 68 Prozent abgeschafft werden" bis hin zu „Die Mongolei sollte sich durch Erpressungsversuche der Investoren – Ivanhoe Mines und Rio Tinto – nicht beirren lassen. Die Bodenschätze gehörten der Mongolei. Wer hier Geschäfte machen will, muss sich an die Gesetze des Landes halten. Die Mongolei sei nicht Afrika. Die schlechten Erfahrungen mit Centerra Gold (Boroo Gold) dürften sich nicht wiederholen". Die einen fordern den Aufbau einer eigenen Rohstoffe verarbeitenden Industrie. Ein Bergbauspezialist warf die Frage auf, ob jemand über die Folgen des Aufbaus einer Industrie zur Verarbeitung von Bergbauprodukten in der Mongolei nachgedacht habe? Welche Auswirkungen z. B. „sprühfeiner Schwefelregen" auf die Umwelt habe?

Am 31. Juli veröffentlichten mongolische Medien einen gemeinsamen Brief des Verkaufsdirektors von „Rio Tinto", Sam Riggall und des Justiziars von „Ivanhoe Mines", John Foniani. Gerichtet war er an die „Ehrenwerten Mitglieder der Staatsversammlung", erhalten haben ihn der Vorsitzende der Großen Staatsversammlung, seine beiden Stellvertreter, der Ministerpräsident und die Vorsitzenden der Ständigen Ausschüsse und zwar per Post nicht über das Siegelamt der Großen Staatsversammlung.

Im Brief werden die Adressaten darauf hingewiesen, wie nützlich die endliche Inbetriebnahme von Oyutolgoi für die Mongolei und ihre Bewohner wäre.

Die Mongolei hätte zwei Möglichkeiten, Investitionen ins Land zu holen, einen modernen Bergbau und eine von anderen unabhängige Wirtschaft zu entwickeln.

Der andere Weg: Das Vertrauen der Investoren und Geber zu verlieren, in direkte Abhängigkeit von den Nachbarn zu geraten …

Ein Abgeordneter meinte, alle potenziellen Investoren, ob aus dem Westen, aus Japan oder Russland wollten die mongolischen Rohstoffe fördern und sie verkaufen. An wen? An China.

Am 27. hatten die Verhandlungen über den Investitionsvertrag zwischen Vertretern der beteiligten Firmen und der mongolischen Regierung neu begonnen.

Der Minister für Mineralische Ressourcen und Energie, D. Zorigt, erklärte, das schwierigste Problem sei die Sondergewinnsteuer.

Wahrscheinlich werde eine außerordentliche Sitzung der Großen Staatsversammlung nötig werden.
Als Termin für diese Sitzung im Gespräch ist der 10. August.
...
Abriss des MRVP-Gebäudes

Am 29. Juli begann der Abriss der Ruine des ehemaligen MRVP-Gebäudes in Ulaanbaatar.

Das neue neunstöckige Gebäude, für das der Staat zehn Milliarden Tugrug eingeplant hat, soll 2011 fertig werden.

Den Bürgern wurde freigestellt, alle verwertbaren Materialien aus dem Abriss kostenlos in Besitz zu nehmen.
...



MP Oyun’s view on OT and the ‘Grant of the Motherland’
POSTED BY BADRAKH ON AUGUST - 1 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….



WHAT IS LETTER FROM "IVANHOE MINES" ABOUT?
2009-07-31 21:40:01
S. http://www.montsame.mn/index.php?option=com_news&task=news_d….



Government asks for special session of Parliament
Fr, 31 Jul 2009 18:11:10
S. http://en.news.mn/news/3178.

The Government has written to the Speaker asking him to convene a special session of Parliament soon. Revealing this to media persons, Ts.Sharavdorj, head of the Parliament Office, said on Thursday no immediate decision can be taken on the request as MPs are utilizing the break to visit their constituencies or to do some other work. The Speaker is also working in his province.

Sharavdorj also revealed that Rio Tinto and Ivanhoe Mines sent on July 27 “a private letter” to the Speaker, the Deputy Speakers, the heads of all standing committees and the Prime minister. It invited them to share their views on the Oyutolgoi agreement.

Part of the letter reads, “Mongolia now has to decide whether it will develop an open market economy or be economically dependent on its neighbors. It is up to you to make the choice. We welcome you to ask any questions on the issue and shall explain them. If an agreement is reached and signed it will open up new possibilities for Mongolia to take big steps to development. Thus the decision you take will be for the future and not just for today.”



Irregular session of SGK
POSTED BY BADRAKH ON JULY - 31 - 2009
S. http://www.business-mongolia.com/mongolia-government/irregul….

There are rumors that irregular session of the SGK is to be held. Ts.Sharavdorj, General Secretary of the Office of SGK said that he received official letters which states that Government of Mongolia would like irregular session of SGK to be held. They have not discussed about this irregular session because Speaker most MPs are away on holiday and Speaker of the Parliament is working in the countryside. He also explains that the letters to the MPs from Rio and IVN did not pass by the office of the SGK but Secretary General said that the letters were addressed to the Speaker of the Parliament, Deputy Speaker, Prime Minister and the Directors of the standing committees.



SouthGobi Energy Resources Announces a Change to Management
11:20 AM ET, July 31, 2009
S. http://cxa.marketwatch.com/TSX/en/Market/article.aspx?guid=h….

VANCOUVER, BRITISH COLUMBIA, Jul 31, 2009 (Marketwire via COMTEX) -- Peter Meredith, CEO of SouthGobi Energy Resources Ltd. (SGQ), today announced the resignation of Gene Wusaty as the company's Chief Operating Officer. Mr. Wusaty is leaving SouthGobi to pursue other business opportunities.

"We thank Gene for his valued contribution in establishing Ovoot Tolgoi as a key operating project and for building the foundation for anticipated similar success for SouthGobi's Mamahak coal project in Indonesia," said Mr. Meredith.

Mr. Wusaty has been with SouthGobi and its predecessor, the Coal Division of Ivanhoe Mines, for approximately four years. During that time, he played a key role in SouthGobi's successful coal exploration programs and in the development of its flagship Ovoot Tolgoi coal mine in southern Mongolia, which is now selling coal to customers in China.

The company has retained an executive search firm and is in an advanced stage with respect to sourcing a new COO.

Mr. Meredith further added, "Gene's successor will be focused on utilizing SouthGobi's strong operating teams in Mongolia and Indonesia to take our coal businesses to their next stages of development."

About SouthGobi Energy Resources

SouthGobi Energy Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region and its Eocene-age metallurgical and thermal coal deposits in East Kalimantan, Indonesia. The company's flagship coal mine, Ovoot Tolgoi, is selling coal to customers in China. The company plans to supply a wide range of coal products and electricity to markets in Asia.

Ivanhoe Mines (IVN)(US:IVN)(US:IVN) is SouthGobi Energy Resources' largest shareholder, currently owning, directly and indirectly, approximately 80% of the issued and outstanding shares.

Forward-Looking Statements: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, the company's future ability to supply coal products and electricity to markets in Asia, and other statements that are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although SouthGobi Energy Resources believe that the expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are disclosed under the heading "Risk Factors" in SouthGobi Energy's Management's Discussion and Analysis of Financial Condition and Results of Operations for the year end Dec. 31, 2008, which is available at www.sedar.com.

SOURCE: SouthGobi Energy Resources Ltd.

SouthGobi Energy Resources Ltd.
Steven Feldman
Investors
1 604-681-6799
SouthGobi Energy Resources Ltd.
Bob Williamson
Media
1 604-681-6799
www.southgobi.com



ASX Announcement,
Ivanhoe Australia Limited (ASX: IVA),
31 Jul 2009, 11:53 am,
Quarterly Activities and Cashflow Report,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=321264.



Diggers dealt no-show blow
GARIMPEIRO / BARRY FITZGERALD
August 3, 2009 - 1:18PM
S. http://business.theage.com.au/business/diggers-dealt-noshow-….



Ivanhoe talks up Cloncurry discoveries
Rebecca Le May
August 3, 2009 - 3:39PM
S. http://news.brisbanetimes.com.au/breaking-news-business/ivan….



BASE METALS
PRICE RISE HAS STRONG RATIONALITY LONG TERM - BUT NOT NOW
Copper: on fire or about to crash and burn?
A detailed analysis of the current state of the global copper market and the 'China impact' and views of what is in store longer term from the latest VM Group analysis prepared for BNP Paribas/Fortis Bank.
Author: Carl Firman and Gary Meade
Posted: Saturday , 01 Aug 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page36?oid=86….



BEST PERFORMING MINING SUBSECTOR
Dr Copper lets rip - 100 copper stocks tracked
Dollar copper prices make 10-month highs, contributing to global mining stocks as a group also making 10-month price highs.
Author: Barry Sergeant
Posted: Friday , 31 Jul 2009
S. http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=86….



Mongolia sitting on a gold mine
By David W. Jones (Contact)
Originally published 04:45 a.m., August 2, 2009, updated 09:43 a.m., August 2, 2009
S. http://www.washingtontimes.com/news/2009/aug/02/mineral-depo….

Photo Gallery
http://www.washingtontimes.com/photos/galleries/mongolia-roo…

Mongolians rediscover their roots

The end of Stalinist rule has allowed modern Mongolians to reconnect with their rich heritage.

[TomCole]

BCM Mongolia: Government’s Demands Include 34% Share in Ivanhoe Mines Mongolia Inc.
Tuesday, 04 August 2009 20:18
S. http://www.mongolia-web.com/mining/2601-bcm-mongolia-governm….



The working group set up by the Government and Ivanhoe Mines have been meeting every day since Monday to reach an agreement on investing in the Oyu Tolgoi project. Both sides have been tightlipped about how things are going and no immediate breakthrough is expected.

The Mongolian side includes three members of the Cabinet -- Finance Minister S.Bayartsogt, Mineral and Energy Minister D.Zorigt, and Environment and Tourism Minister L.Gansukh. About a dozen officials from the three ministries are helping them in the talks.

The investors’ side is led by Commerce Director Mr. Sam Riggall of Rio Tinto and Deputy Chairman Mr. Peter Meredith of Ivanhoe. Both are familiar with past negotiations on the agreement.

The Mongolian side has submitted its fresh list of 35 demands. The most contentious issue is the 68 percent windfall profits tax. The Mongolian Parliament has said this can in no circumstances be waived, while the investors have from the beginning refused to accept this, arguing that if this is levied the total tax burden would go up to an unacceptable 90 percent of the profits.

Another thorny issue is that of how much share the Government will have. Parliament has instructed the Government to try hard to raise this to 50 percent from the 34 percent that both sides previously agreed upon. This would have been difficult to achieve as the mining law in force does not support the Government claim to own more than 34 percent. To bypass this dichotomy the Mongolian side is now asking for 34 percent share in Ivanhoe Mines Mongolia Inc., and not in the project.

Source: en.News.mn



Special Session Requested for OT Discussions
Written by B.Bulgamaa
Tuesday, August 04, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….

A government working group negotiating the deal for the Oyu Tolgoi mining agreement has written to the Speaker of Parliament, requesting that a special session of the house be convened. The request comes after a letter from Rio Tinto and Ivanhoe Mines was sent to the Speaker, Deputy Speakers, the heads of all standing committees and the Prime Minister. It invited them to share their views on the Oyu Tolgoi investment agreement.

Part of the letter reads, “Rio Tinto believes that Mongolia has reached an important fork in the road. In one direction is an open economy and society, attracting significant foreign investment, building a world class mining industry and developing a sense of economic independence for itself in the world. In the other direction is a closed economy, with little scope for developing its industrial base, which has lost the confidence of foreign investors and aid donors, and which becomes more heavily reliant on its near neighbours. Your support or opposition to the development of Oyu Tolgoi will go a long way to determining which road Mongolia takes.”

The working group, headed by Minister of Minerals and Energy D.Zorigt and Minister of Finance S.Bayartsogt, has been in discussion with Ivanhoe and Rio Tinto since early last week.

After the first meeting, the group requested the special session be called in order to report on the negotiation process and for guidance, Zorigt said on Friday.

Head of the Parliament Office Ts.Sharavdorj said on Thursday that no immediate decision could be taken on the request as MPs are utilizing the spring session break to visit their constituencies, and peform other duties. The Speaker is also currently away from Ulaanbaatar.



Irregular session of SGK
POSTED BY BADRAKH ON AUGUST - 4 - 2009
S. http://www.business-mongolia.com/mongolia-government/irregul….

D.Demberel, Speaker of the Parliament received official letter from the Government office and the Prime Minister. Speaker of the Parliament held meetings with the advisors but they did not discuss about the irregular session of SGK requested by the Government office. The explanation is that it is too early to pass the IA deal back to the SGK but representatives from the Government Office explains that if the advisors of the Speaker decide to hold the irregular session the most MPs are able to attend.



Interview of Ts.Sharavdorj, Leader of the Government office
POSTED BY BADRAKH ON AUGUST - 4 - 2009
S. http://www.business-mongolia.com/mongolia-government/intervi….

Last week Government requested irregular session of SGK to be held regarding OT IA issues. During the period Speaker of the Parliament was away working in his province. D.Demberel returned to work. We asked few questions from the Head of Government office about how Speaker D.Demberel will react to this.

Q: How wills the request of irregular session will be decided?
A: SGK is on a break and most MPs are on holiday and some MPs are implementing a draft law. SGK received a letter regarding the irregular session. Right at this moment no decision is made from the SGK.

Q: Speaker D.Demberel returned from Khovd province and back to work, did you present this to the Speaker?
A: He looked at this straight away but has not made any decisions on whether the irregular session will take place. Also the SGK spring session ran for extended period. Everybody knows that MPs worked very hard during the spring SGK session. It is hard to hold an irregular meeting every time when Government requests. Therefore, have to study more about this and make decision on this matter.

Q: Does the letter specify the reply date for this request sent by the government?
A: There is no such thing; they don’t have to reply if they want. If the SGK decides not to hold a meeting then it is their choice.

Q: For what reason does the Government want SGK to hold an irregular session?
A: They would like to hold meetings for OT IA discussion in general. Specific information cannot be provided right now.

Q: Letters were sent from Rio and Ivanhoe. What are the reactions from the SGK?
A: Wrong information had been given to the public as the letters were only sent to the Speaker of the Parliament, Deputy Speaker and Directors of the standing committees. These letters were addressed privately which means they did not go through the Government Office.



From Canadian Business magazine, August 17, 2009
Mining in Asia
Mining: Desert dreams
Ivanhoe is eager to start mining in remote Mongolia.
By Mitch Moxley
S. http://www.canadianbusiness.com/markets/commodities/article.….



ASX Announcement,
Ivanhoe Australia Limited (ASX: IVA),
3 Aug 2009, 11:30 am,
Diggers and Dealers Mining Conference Presentation,
s. http://stocknessmonster.com/news-item?S=IVA&E=ASX&N=321373.



Cloncurry to underpin Ivanhoe hopes
August 04, 2009
S. http://www.theaustralian.news.com.au/business/story/0,28124,….



Ivanhoe chief won't joust but delegates still find some bite
GARIMPEIRO / BARRY FITZGERALD
August 3, 2009
S. http://business.watoday.com.au/business/ivanhoe-chief-wont-j….

Ähnlich, kürzer:

Friedland no-show as Diggers ogle Oyu
Barry FitzGerald
August 4, 2009
S. http://business.smh.com.au/business/friedland-noshow-as-digg….



Video:
Bloomberg
15. September 2008
Cloncurry Project; Copper Future
Ivanhoe Australia estimates copper, gold resources in Cloncurry Projects;
Ivanhoe Autralia is unit of Billionaire Robert Friedland's Ivanhoe mines;
Analysis by Peter Reeve, Ivanhoe Australia CEO
S. http://www.youtube.com/watch?v=hQqD2BsgLWA.





The Mongolian death worm /
An interpretation of the Mongolian Death Worm by Belgian painter Pieter Dirkx

SEARCHING FOR A LEGEND
Hunt For Acid Squirting, Lightning Spitting Worm
Two fearless investigative journalists ventured out in Mongolia to research the claims of a terrifying Khorkhoi death worm.
Translation Karmen Horvat - Author: M.S. - Photo: Wikipedia
Published: August 04, 2009 19:00h
S. http://www.javno.com/en-world/hunt-for-acid-squirting-lightn….

Vergl. http://en.wikipedia.org/wiki/Mongolian_Death_Worm

Und s.:
Hunt for the Mongolian Death Worm!
Courier Mail - Journalist hunts for acid-spitting Mongolian death worm, August 3, 2009
S. http://www.p2pnet.net/story/26299.

[TomCole]

OT Agreement in Question
Written by Ch.Sumiyabazar
Friday, August 07, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



The government of Mongolia may decide today whether to continue negotiations with developers of the Oyu Tolgoi mining project, or withdraw from the bargaining table.

Prime Minister S.Bayar called an irregular meeting of Cabinet yesterday to decide the government’s final decision regarding the investment agreement with Ivanhoe Mines and its strategic partner, Rio Tinto. Bayar earlier requested the Speaker of Parliament D.Demberel call an irregular parliamentary session to review the resolution that powers the top executive body to sign the multi-billion dollar investment agreement within the legal framework of current laws and regulations, which includes a 68 percent windfall profits that the investors strongly opposed.

Civil movement organization Resolute Reform stated this week that Rio Tinto has “brutally intervened” in Mongolia’s internal affairs with its letter that it sent to Mongolian authorities this week.



Oyutolgoi talks at a difficult stage, Minister tells Government meeting
Fr, 7 Aug 2009 16:15:59
S. http://en.news.mn/news/3222.

Auszug:

Finance Minister S.Bayartsogt told media on Thursday, after a meeting of the Government, that they had discussed the progress of talks on the Oyutolgoi investment agreement and reviewed budget accomplishment in the first half of 2009. The talks, he said, were at a “difficult” stage. The situation has changed and “every single reference” was being renegotiated to keep to Parliament’s instructions.

He said a decision on holding a special meeting of Parliament on the Oyutolgoi agreement will be taken only after it is clearer how many references will have to be changed.
...



S.Bayartsogt:State budget revenue fell
POSTED BY BADRAKH ON AUGUST - 7 - 2009
S. http://www.business-mongolia.com/mongolia-government/s-bayar….

Auszug:

Interview of Minister for Finance after the regular meeting of Government

Q: Have discussed about OT IA, how is the situation?
A: It is very difficult. The situation keeps changing due to new calculations. Plenty of work needs to be done. The IA deal needs to be signed according to the mineral laws. We are working to follow the laws.

Q: Will the irregular session of SGK take place?
A: The IA deal needs to go through according to the laws so it will be decided after the current proposal is presented to the Government. The session is not ended yet.
...



Government to discuss Oyutolgoi agreement tomorrow
Do, 6 Aug 2009 18:33:57
S. http://en.news.mn/news/3218.

The Government has announced that it will hold a special meeting at 10 on Friday morning. No official agenda has been given to media but it is believed the discussion will be only on the status of the Oyutolgoi investment agreement.

The Speaker is yet to give a response to the Government’s request a week ago to call a special session of Parliament. Almost half the MPs are in the countryside for vacation and it will need some time to inform all of them and to ensure attendance.



Standing Committee on Economy submits work report
Do, 6 Aug 2009 18:15:09
S. http://en.news.mn/news/3209.

Auszug:

The Standing Committee on the Economy has submitted a report on the work it did during the Spring session. The most important issue it dealt with was the Oyutolgoi agreement. The committee decided that the Government would not own less than 34% of the mine and that the final agreement had to follow the 40th protocol of 2008 as well as the May 8 protocol of the committee itself entrusting the Government to increase the Mongolian ownership to no less than 50 percent after the initial period of the agreement is over. Parliament has also given the committee the responsibility to monitor the implementation of the agreement after it is signed.
...



Mongolia to review OT IA again (Update 1)
POSTED BY AMARSANAA ON AUGUST - 6 - 2009
S. http://www.business-mongolia.com/mongolia-government/mongoli….

The Government of Mongolia continues its deal making and negotiation with its counterpart on Oyu Tolgoi project. Both sides haven’t made any disclosure so far about the recent development of the negotiation.

Only Minister D.Zorigt stated that the negotiation is underwent in the atmosphere and condition that is “not easy”. The main obstacle of reaching common agreement is “windfall tax”. More detailed disclosure can be made tomorrow, after the special Meeting of the Cabinet Ministers on OT IA.



Interview with J.Aldarjavkhlan, Director of Financing of Housing Corporation
POSTED BY BADRAKH ON AUGUST - 5 - 2009
S. http://www.business-mongolia.com/mongolia-mining-and-mineral….

J.Aldarjavkhlan: Non refundable desire is needed for non renewable resources.

Q: Mongolians believe that because OT is resource of Mongolia then the owner should be Mongolia. 34% ownership should prove this whereas the tax issue is responsibility of any property making firm?
A: From the start we can have all the rights to control or make regulations whether if we own 1 or 34%. We can make the 34% ownership into 1% golden ownership which is the same as the 34% but Mongolia need not to invest 2 billion USD. People think of this as number 1 but the hidden benefit is the same. 30-50% ownership is common with our neighbors but 1% is very common around the globe. In this case the tax should be set at higher level. By doing this the Government can collect 60-70% of the profits.

B: What can you conclude by looking at the IA resolution in 2007 and IA of today?
A: Resolution made in 2007 says that we collect all taxes except the 68% tax. There was some redemption for the first two years. This current draft offers full tax waive but the tax redemption issue should be set lower.

Q: If we compare today’s situation with the situation of the year 2007 then the investors are in a situation of demanding to get the IA deal done due the economic recession. Because of this the government is a vulnerable situation. In this situation is it right to approve the IA deal without losing any further time?
A: We should not get tempted to any demand. Of course the government will lose some tax revenues for another few years but if we can get Tavan Tolgoi into economic cycle then we can cope for another 3 years. Instead of offering tax waive or redemption we should postpone the agreement and get the taxes we should get. We should scrape the 68% tax issue. This tax is blocking the way of many investments into the country. This was one of the big issues discussed during the meetings.

Q: Can you agree that if the agreement is signed today then Mongolians can benefit from this straight away and worry less about economic recession?
A: OT project will not give any benefit for at least 3 years even if the agreement is signed today. Well, it might increase the amount of wages, benefits and pensions by small about but can’t provide cash to the population. There are no such experiences around the world anyway.

Q: How was the environment during the discussion?
A: During the discussions one or the other side left the hall quite few times due to frustration because of unsupported proposals and arguments. In general we talked around the 68% tax issue. To be honest we had some achievements because of the 68% tax issue. If we did not have the 68% tax law in the first place then we would be few steps behind. In terms of today, this IA issue of OT is working like a guide to all other IAs. Investors coming from abroad will also ask for tax redemption by stating the OT IA. Therefore we have to carefully look at this as it will lead to many other mistakes later on.

Q: There was a strong message that if we act so harsh then the investors will leave the country Mongolia will not benefit?
A: There is less chance of them leaving as they explored this epic amount of resource. Previously I used to think that what if Rio Tinto leaves but now I truly think they will not leave.

Q: I would like to ask 1 question as you have studied in Australia. Mongolians like to compare the industry with Australia. If most things were the same as Australia then would Australians propose the same IA deal as Mongolia?
A: Rio Tinto is the No 1 in terms of underground mining. If this group works in Mongolia then it is very beneficial to us but it is impossible to make such a huge IA without tax. I personally think that Rio Tinto can’t make deal with tax waiver or redemption in Australia if OT was found over there. In terms of Mongolia we have lots of barriers and we are eager for development. They know all our situations therefore they are demanding such things. Whatever happens, non refundable desire is needed for non renewable resources.



Medvedev comes this month
Do, 6 Aug 2009 18:24:40
S. http://en.news.mn/news/3215.

Mongolia will be receiving two big foreign guests this month. President D.Medvedev of Russia will come to attend the 70th anniversary celebrations of victory in the Khalkh River battle. The second dignitary will be the Royal Princess of Thailand who was earlier here in 1996.



Seven Points: Ts.Elbegdorj and Mongolian-Russian Cooperation
Written by Mark Velesov
Friday, August 07, 2009.
S. http://ubpost.mongolnews.mn/index.php?option=com_content&tas….



Mongolia on the brink
POSTED BY AMARSANAA ON AUGUST - 6 - 2009
S. http://www.business-mongolia.com/mongolia-government/mongoli….

Entspricht:

Mongolia on the brink
Monday, August 03, 2009
S. http://www.euromoney.com/Article/2266045/CurrentIssue/72772/….



Mining in Mongolia—Part One
Thu, Aug 6, 2009
By Melissa Pistilli-Exclusive to Uranium Investing News
S. http://www.uraniuminvestingnews.com/2033/mining-in-mongolia%….





Text of letter Rio Tinto, Ivanhoe to Mongolia's parliament
Friday, 07 August 2009 15:58
S. http://www.mongolia-web.com/government/2602-text-of-letter-r….



Two-man New Zealand team to seek fabled death worm in Gobi
Mi, 5 Aug 2009 17:17:00
S. http://en.news.mn/news/3198.

New Zealand journalist David Farrier and cameraman Christie Douglas will soon be spending two weeks in the Gobi where, armed with explosives, they hope to find the fabled acid-spitting and lightning-throwing Mongolian death worm. The worm has never been documented but some Mongolians are convinced it exists. They call it Allghoi Khorkhoi, or "intestine worm" because it resembles a cow's intestine and is about 1.5m long.

The worm apparently jumps out of the sand and kills people by spitting concentrated acid or shooting lightning from its rectum over long distances.

Farrier said he was interested in the death worm because it was one of the most outrageous creatures that were rumored to exist. However, it was also one of the mythical creatures that had a better chance of being real.

Sparsely populated Mongolia was not a place where rumors were going to propagate, Farrier said. "If a Mongolian says they have seen a big worm-like creature out in the desert they haven't really got any reason to lie," he said.

A number of experts have dismissed the worm's existence, but Farrier was not put off, saying, "I think it won't be a worm, obviously a worm can't survive in a desert. I'd say it would be some sort of snake that's not meant to be there. It's very out of place and a bit new."

There have been at least to four unsuccessful expeditions searching for the death worm in the last 100 years, the last two in 2003 and 2005, which had used night vision goggles to look for the worm. The New Zealand team planned to bring the worm to the surface with explosives, as it is said to be attracted to tremors.

Farrier put his chances of finding the worm at between 5 and 15 per cent.

"They are high for a ridiculous creature like the death worm but the area I am going to is a very specific place in the southern Gobi where all the sightings have been."

He only plans to capture the worm on film. "I have no intention of grabbing it, capturing it, stuffing it, or anything like that. I just want to prove its existence and if I can get it on film, that's all I need to do."

[TomCole]

DALE CHOI'S BLOG AND LIFE
Monday, August 10, 2009
PM about the letter: There is nothing here to make much fuss about.
S. http://uclalum.blogspot.com/2009/08/pm-about-letter-there-is….



According to News.gogo.mn’s front-page report posted at 3 pm UB time ,during the today’s short press briefing , the Prime Minister said:

“ Government will have a irregular session tomorrow and discuss opinion made by meeting of National Security Council. After that Government will submit to Parliament draft laws necessary to form legal environment to conclude Oyu Tolgoi agreement.

Regarding the letter from Ivanhoe, he said “Letter is a relations of civilized society. There is nothing here to make much fuss about. The letter has useful things as well as things to throw away.”

POSTED BY DALE (ERDENEDALAI) CHOI(CHOINKHOR) AT 2:04 AM



Parliament Office asks Rio Tinto, Ivanhoe to apologize for letter
Mon, 10 Aug 2009 16:35:45
S. http://en.news.mn/news/3231.

In its reply to the letter Rio Tinto and Ivanhoe Mines sent to all MPs on July 27, Parliament Office said on Friday that the companies should seek an apology from the recipients for their rude action. The letter reads in part:

“Dear Sam Riggal and John Foniani,

MPs have got your private letter dated July 27.

Parliament adopted a resolution authorizing the Government to sign the Oyutolgoi investment agreement on conclusion of negotiations. Your letter asked MPs to ask you any question they may have on the issue. After the Parliament resolution only the Government has the right to negotiate with you; similarly, you are also expected to discuss the issue with the Government, and not individual MPs.

As an old partner and friend we have been trying to make sense of your letter but its contents are confusing. Parts of it read like giving direction to Mongolia on how to be independent and what to do about development. This is putting pressure on MPs who represent the people and their power. Your letter shows your companies do not have enough business culture.

You say, ‘Mongolia is at a crossroads.’ Mongolians made a choice 20 years ago when they adopted a new Constitution and a democratic way. We see no reason why any foreign company should tell us how to develop our country. The Mongolian state and Mongolians have a right to choose the way by themselves.

We do not accept this letter as reflecting the position of the top officials of Rio Tinto and Ivanhoe Mines Mongolia Inc. Indeed, this letter is likely to harm the reputation of Rio Tinto among Mongolians.

We feel you should apologize to MPs for your rude action. We trust Rio Tinto and Ivanhoe Mines will respect Mongolian law and will sign the agreement and cooperate with us.”

The letter was signed by the Secretary of Parliament Office, S.Magnaisuren.



Die Deutsche Mongolei Agentur aus Ulaanbaatar präsentiert:
Neues aus der Mongolei
2. bis 9. August 2009
von Dr. Renate Bormann, Ulaanbaatar
S. http://www.mongolei.de/news/2009aug2.htm.

Auszug:

Entschuldigung gefordert

Der vom Leiter der Rechtsabteilung des Bergbauunternehmens „Ivanhoe Mines", John Foniani und vom Chef der Handelsabteilung von „Rio Tinto", Sam Riggall, an die Abgeordneten der Großen Staatsversammlung adressierte Brief (sh. Neues … vom 02.08.) ist auf Unverständnis und Empörung gestoßen.

Im Antwortschreiben an Riggall und Foniani heißt es, trotz der bisherigen Zusammenarbeit und der Bedeutung, die wir der Inbetriebnahme von „Oyutolgoi" für die Wirtschaft unseres Landes beimessen, betrachten wir einige Aussagen im Brief als Einmischung in die Angelegenheiten des mongolischen Staates.

Die Mongolei ist ein unabhängiger Staat, die Große Staatsversammlung das höchste gesetzgebende Gremium. Druck seitens eines Unternehmens weisen wir zurück.

Die Mongolen hätten bereits vor 20 Jahren ihre Wahl getroffen und den Weg zu Demokratie und Marktwirtschaft eingeschlagen.

Wir glauben nicht, dass der Inhalt Ihres Schreibens mit Ihrer obersten Unternehmungsführung abgesprochen war.

Das Schreiben habe dem Ansehen von „Rio Tinto" und „Ivanhoe Mines" bei den Mongolen geschadet.

Wir fordern von den Briefabsendern eine offizielle Entschuldigung.

Gleichzeitig wird der Hoffnung Ausdruck verliehen, die mongolische Regierung und die genannten Firmen werden bei der Abfassung des Investitionsabkommens in Zukunft vertrauensvoll zusammenarbeiten.

Unterzeichnet ist der Brief von S. Magnaisuren, dem Sekretär des Siegelamtes der Großen Staatsversammlung.

Aus der Regierungssitzung

Neben dem Entwurf zum Oyutolgoi-Investitionsabkommen debattierten die Mitglieder auf ihrer Sitzung am 06.08. über den Haushalt im ersten Halbjahr 2009.

Berichterstatter waren die Minister für Finanzen, S. Bayartsogt, für Mineralische Ressourcen und Energie, D. Zorigt sowie für Natur, Umwelt und Tourismus, L. Gansukh.

Bayartsogt erklärte im Anschluss an die Sitzung, eine mögliche Sondersitzung der Staatsversammlung werde erst nötig, wenn klar sei, welche Empfehlungen Aufnahme in den Vertragsentwurf fänden.

Die Staatseinnahmen in den ersten sechs Monaten des Jahres erreichten, den Angaben des Finanzministers zufolge, 826,3 Milliarden Tugrug, das seien 0,7 Prozent weniger als erwartet und 20 Prozent weniger als im Vergleichszeitraum des Vorjahres.

Die Ausgaben beliefen sich auf eine Billion und 368 Milliarden Tugrug.

Davon entfielen auf die Ausgaben für das monatliche und jährliche Kindergeld 27,8 Milliarden, auf die Einmalzahlung für jedes neugeborene Kind 3,3 Milliarden, 8,9 Milliarden wurden für Verdiente Mütter ausgegeben, 7,6 Milliarden für Ersteheschließungen, 3,2 Milliarden für Senioren und 7,8 Milliarden für Schwangere und Mütter mit Säuglingen und Kleinkindern.

Ab 2010 sollen die zusätzlichen Kindergeldzahlungen nur noch armen und sehr armen Familien zugute kommen.

Oyutolgoiverhandlungen gehen weiter

Über den Stand der Verhandlungen bezüglich des Entwurfs zum Oyutolgoi-Investitionsabkommen haben sich bisher beide Seiten nicht geäußert.

Der Minister für Mineralische Rohstoffe und Energie, D. Zorigt, ließ sich lediglich entlocken, die Gespräche fänden unter nicht leichten Bedingungen statt.

Auf der außerordentlichen Kabinettssitzung am 07. August wurden Fragen der Inbetriebnahme der Kupfer- und Goldlagerstätte „Oyutolgoi" und des Investitionsabkommens mit „Ivanhoe Mines" und „Rio Tinto" behandelt.
...



Mongolian Views.
Saturday, August 8, 2009
Mongolian Parliament responded to the letter of the Ivanhoe Mines and Rio Tinto companies and now asks the companies to apologize
S. http://mongolianviews.blogspot.com/2009/08/mongolian-parliam….

The letter sent by the international miners to Mongolian Parliament or State Great Khural backfired and now the companies are asked to apologize.On July 27, the international miners Rio Tinto and Invanhoe Mines sent letter to the members of the Mongolian parliament-State Great Khural.The letter emphasized importance of passing the Oyu Tolgoi investment agreement and its economic benefit for Mongolia and requested meeting with the legislators for clarification of the draft investment agreement. The letter said " Mongolia is at a crossroad today. One way is to attract foreign investment and develop world class mining sector and strengthen Mongolia's independence and economy and other way is to restrict Mongolia's economy and investors and donors leave Mongolia and increase Mongolia's dependence from its neighbors (China and Russia).

Last friday (Aug 7), office of the State Great Khural responded the miners. The response letter was broadcast and aired on National TV and other Mongolian media.

The Khural regretted that some points of the letter casts doubts about credibility of the miners. The response said" we see this as an external attempt to direct Mongolian development and independence of Mongolia. This demonstrates that your companies lack political and business culture when you shamelessly attempt to pressure members of the State Great Khural". Not only the Khural, but some civic groups are critical of the letter sent by the miners as well. However, Khural said the miners now have opportunity to exchange opinions on Oyu Tolgoi with Government of Mongolia as it is authorized by the Khural to conclude agreement. Khural letter also reminded the miners that Mongolia has chosen democracy and free market economy about twenty years ago and recognized by world community as democracy in response to " Mongolia at a crossroad today"rhetoric of the miners letter.The letter continues " we want to remind you that Mongolia does not need a company to determine its development and Mongolian people and Mongolian state have a right to determine our fate without external attempts and instructions.We don't believe this letter that attempts to pressure Mongolian state as official position of top management of Rio Tinto and Ivanhoe Mines companies." The Khural considers the companies ought to apologize for "making such rude attempt from the members of the Khural."

Posted by mongolian journalist at 1:45 PM



Minister for Finance S.Bayartsogt: Dealmaking process is troublesome, due to making it according to the related laws.
POSTED BY AMARSANAA ON AUGUST - 10 - 2009
S. http://www.business-mongolia.com/mongolia-government/ministe….



OT talks are difficult, says S.Bayartsogt
Mo, 10 Aug 2009 16:31:42
S. http://en.news.mn/news/3228.



DALE CHOI'S BLOG AND LIFE
Monday, August 10, 2009
PRIME MINISTER: AFTER SECOND NATIONAL SECURITY COUNCIL DISCUSSION OT ISSUE WILL BE INTRODUCED TO PARLIAMENT SPEAKER AND DRAFT WILL BE SUBMITTED
S. http://uclalum.blogspot.com/2009/08/prime-minister-after-sec….



Cabinet meeting on Oyu Tolgoi Investment Agreement was held behind closed doors on Friday
POSTED BY MONGOLIAN JOURNALIST SATURDAY, AUGUST 8, 2009
S. http://mongolianviews.blogspot.com/2009/08/cabinet-meeting-o….



Re: In Mongolia
Art2004 ...
8/8/2009 5:55:26 PM | ... | Post #27350902
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….
...
According to Ivanhoe IR, progress has been made in reducing the differences between the draft agreement and the Mineral Laws of Mongolia. The windfall profits tax issue has not been resolved, however.

What IVN/RIO are hoping for now is for the Speaker of the Pariament to agree to call an irregular session.

The goal would be to amend the Mineral Laws to be in agrement with the current draft agreement clauses.

Have to see what develops.

I, too have lightened up some though not too much. However, like the others I am not a happy, confident shareholder at present.

[Anmerkung: IR = Investor relations]



Remember
Countrygent ...
8/9/2009 12:47:42 PM | ... | Post #27351656
S. http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&….



DALE CHOI'S BLOG AND LIFE
Thursday, August 6, 2009
GOVERNMENT IS TO HOLD IRREGULAR SESSION TOMMOROW, OYU TOLGOI IS TO BE DISCUSSED
S. http://uclalum.blogspot.com/2009/08/government-is-to-hold-ir….



Marmot plague in China; Mongolia has no vaccine in stock
Sa, 8 Aug 2009 17:08:16
S. http://en.news.mn/news/3225.

The Director of the infectious disease research center, D.Otgonbaatar, told a press conference on Thursday that while the death of three people in China of marmot plague poses concern here, Mongolia has no vaccine against the plague as Russia has stopped manufacturing it and no new supply source has been found.

The plague virus might enter Mongolia through any type of rodents. All entry points are confiscating marmot skins. Marmot plague virus has been found in Uvurkhangai and Bayan-Ulgii provinces. The symptoms of the plague are high fever, headache, and vomiting. There have been six infections and two deaths from marmot plague in Mongolia in the last four years.

There are fears about rabies also. The center has advised people to be careful.

[TomCole]

Von mir ab jetzt hier keine Beiträge mehr.

Ich habe alle meine IVN in letzter Zeit abgestoßen.
So konnte ich ein gutes Plus realisieren und will nun allenfalls auf niedrigere Wieder-Einstiegskurse warten.

Die Hauptgründe dafür lagen für mich u.a. in dem zähen Verlauf der Verhandlungen zum Investitionsabkommen. Diese werden m.E. noch länger andauern, und es ist nicht klar, ob sie überhaupt zum Erfolg führen werden. Das mongolische Parlament kann (oder will?) nicht zügig zu einer akzeptablen Lösung kommen. Ein unsicherer Kandidat auf dem Weg dorthin wäre für mich auch noch ganz besonders der neue Staatspräsident Elbegdorj . Anschließend warten dann die üblichen riesigen Aufwendungen zum Bau einer Mine. Und woher soll überhaupt die Minen-Arbeiterschaft kommen? So weit ich das verstanden habe, muss sich die Mongolei mit ihrer relativ geringen Bevölkerung vor Überfremdung hüten. Ganz klar ist m.E., dass China aus geopolitischen Gründen überhaupt kein Interesse daran haben kann, dass es zu diesem Investitionsabkommen zwischen der Mongolei und Ivanhoe zusammen mit Rio Tinto kommt. Und in dem augenblicklichen Verhältnis zu Rio Tinto wird China m.E. in näherer Zukunft sicher kein wohlwollender Gönner sein. Usw., usw. ...

Dadurch, dass ich in IVN nicht mehr investiert bin, fehlt mir jetzt natürlich jede Motivation, hier meine regelmäßige detaillierte Informationslieferung weiter fortzusetzen.

So möchte ich diese hiermit beenden und mich von den offenbar dazu gehörigen täglich ca. 50 - 100 Lesern mit den besten Grüßen (!) verabschieden.

Bei Bedarf werde ich mich dann wieder hier melden.

[TomCole]

Antwort auf Beitrag Nr.: 37.753.423 von TomCole am 11.08.09 13:20:37

Bei Bedarf werde ich mich dann wieder hier melden.

Neue Hoffnung (für die hier Investierten)?!

S.

http://en.news.mn/news/3254

http://www.business-mongolia.com/mongolia-government/nationa…

http://www.business-mongolia.com/mongolia-mining-and-mineral…

http://mongolianviews.blogspot.com/2009/08/breakthroughs-on-…

http://mongolianviews.blogspot.com/2009/08/ivanhoe-mines-and…

http://www.business-mongolia.com/mongolia-mining-and-mineral…

http://www.business-mongolia.com/mongolia-government/rio-tin…

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

http://uclalum.blogspot.com/2009/08/national-security-counci…

http://www.business-mongolia.com/mongolia-government/mongoli…

http://www.business-mongolia.com/mongolia-news/pm-s-bayar-ot…

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

http://www.montsame.mn/index.php?option=com_news&mt=normal_n…

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

http://mongolianviews.blogspot.com/2009/08/prime-minister-ba…

http://ubpost.mongolnews.mn/index.php?option=com_content&tas…

http://en.news.mn/news/3196

So, nun ist aber Schluss!

[brettonwoods]

http://goldinvest.de/public/count_story.asp?url=story_detail…

[Homedelivery]

Antwort auf Beitrag Nr.: 37.731.518 von TomCole am 07.08.09 12:12:24

Jetzt ist die Entscheidung durch: "UPDATE:Rio Tinto Says Mongolia Clears Way For Oyu Tolgoi Pact

LONDON--(Dow Jones)- Mongolia's parliament agreed to cancel a windfall profits
tax on copper and gold and amended three other laws, clearing the way for a
final investment agreement for the $3 billion Oyu Tolgoi copper-gold project,
mining companies Rio Tinto PLC (RTP) and Ivanhoe Mines Ltd. (IVN.T) said
Tuesday. "

[evens]

Sehr schön!
Kursziel! 20 Dollar!

[evens]

Chart wie an der Schnur gezogen!

[Homedelivery]

Mongolia Government May Sign Oyu Tolgoi Agreement Oct 6 - Sources
01.10.09 02:05:00- APIN
SYDNEY -(Dow Jones)- Mongolia's government is gearing up to sign an investment
agreement for the US$4 billion Oyu Tolgoi copper-gold mine on Oct. 6, people
close to project owner Ivanhoe Mines Ltd. (IVN) said Thursday.

Canada-based Ivanhoe and stakeholder Rio Tinto Plc (RTP) have been in talks to
sign an investment framework for years, which will provide a fiscal and legal
regime for billions of dollars in more investment in the mineral-rich but
impoverished country.

Following a cabinet meeting Wednesday, Minister of Mineral Resources and
Energy D. Zorigt said the Oyu Tolgoi signing was to take place that day, but
cabinet ministers considered it necessary to postpone for one week, Montsame
government news agency reported.

This was to ensure a correct translation of the Mongolian and English
documents.

Sources in Mongolia close to Ivanhoe said Oct. 6 was a date widely tipped in
the country but no official word has been received yet.

Rio Tinto holds a 9.9% stake in Ivanhoe, with an option to increase its
holding to 46.65%. Oyu Tolgoi is set to produce 450,000 metric tons of copper
and 330,000 troy ounces of gold annually with a 45 year mine life, from an
operation located within striking distance of the Chinese border.

Aside from copper and gold, Mongolia is rich in coal, iron ore, uranium and
zinc.


-By Elisabeth Behrmann, Dow Jones Newswires;

61-2-8272-4689 [e-mail]


(END) Dow Jones Newswires

09-30-09 2005ET

Copyright (c) 2009 Dow Jones & Company, Inc.

[newefra]

Hallo zusammen,

habe mir gerade mal einen Überblick verschafft. Besten Dank vor allem an TomCole für die Recherchen. Hierzu noch aktuell:

=DJ Ivanhoe's Destiny Is In Robert Friedland's Hands
06.10.09 DOW JONES NEWSWIRES


VANCOUVER (Dow Jones)--Now that Ivanhoe Mines Ltd. (IVN) has signed an investment agreement with Mongolia, paving the way for the construction and operation of the Canadian company's Oyu Tolgoi copper-gold mine in the South Gobi region, it raises the question: What does Robert want?
The Robert in question is Ivanhoe's executive chairman and largest
shareholder, Robert Friedland. His aspirations, when it comes to Oyu Tolgoi, are an open question at this stage, because he's not showing his cards. His stake in Ivanhoe is 26%.
His reticence to give interviews is well-known, but a Friedland-led conference call is in the process of being set up, perhaps as early as next week, a company spokesman said.
While Friedland and his team are good at de-risking a project with extensive drilling and dealing with the issues inherent in any project under development, it's clear that Ivanhoe remains, at heart, an exploration company.
It needs an experienced operator to ramp up Oyu Tolgoi's operation. Rio Tinto PLC (RTP) is the obvious candidate, given its option to take up to a 46.65% stake in Ivanhoe. It holds a 9.9% stake in Ivanhoe and has an option to double that by April 2010 for $388 million.
However, there's speculation that Rio could move more quickly and aggressively ramp up its Ivanhoe holding sooner than expected. And then there's specter of Rio Tinto's non-takeover agreement with Ivanhoe, which expires in 2011.
Copper Becoming An Increasingly Strategic Metal To Own
Again, everything comes down to what Robert really wants.
"Perhaps he's not really done with Oyu Tolgoi - maybe he wants to create a mining company or perhaps take another tack, given that copper is one of the most strategic metals to own," one analyst said. "Copper, theoretically, could be worth $5 to $10 a pound in a decade, so what's Oyu Tolgoi going to be worth then?"
For example: the Going Green movement and electric cars. There are 200-plus pounds of copper in every car. Oyu Tolgoi is near the border with China, which is now the world's largest consumer of copper. The country is determined to build its own car and battery industry. And it's already committed to building a new city on the Mongolian border. Population? About a million or so.
Mongolia itself is on track to build a giant industrial zone in-country. The stakes are clearly high. Rio Tinto knows that. Friedland knows that. And his leverage? Oyu Tolgoi.
"So, does he want to create a mining company that will rival Teck Resources Ltd. (TCK) in the Canadian market?" asks another analyst. "He could, by putting Oyu Tolgoi together with some of his assets in Australia and Ivanplats (his private nickel and platinum company). It would be a very interesting company."
Or will he go down a different avenue? He could use Oyu Tolgoi as leverage to become Rio Tinto's exploration arm or perhaps it's precious-metals subsidiary, if Rio dumped all its precious-metal assets into Ivanhoe.

GLTA
newefra

[newefra]

na, ist ja ziemlich ruhig hier im board, obwohl interessantes aus dem gestrigen Konferenz-Call zu vermelden ist.

LONDON (Dow Jones)--Rio Tinto PLC (RTP) and project partner Ivanhoe Mines Ltd.(IVN) are in talks to raise as much as $2 billion to fund development of the Oyu Tolgoi copper-gold mine in Mongolia, a senior Rio Tinto executive said Thursday.
"In discussing that with people...they easily believe $2 billion is available for that project," Bret Clayton, chief executive of Rio's copper and diamonds division, told Dow Jones Newswires.
Clayton said Rio is discussing project finance with groups such as the International Finance Corp., part of the World Bank, and the European Bank for Reconstruction and Development.
The mine, located just north of the Chinese-Mongolian border, is expected to produce more than 1 billion pounds of copper and 500,000 troy ounces of gold a year during its first 10 years at full operation, Ivanhoe officials said in a Thursday conference call. First production is set for May 2013.

Development of an open-pit mine is expected to cost up to $3.5 billion and the companies will spend at least another $1 billion on an underground portion of the mine, Ivanhoe said.
"We've been approached by banks, international financial institutions and we've the full resources of our strategic partner Rio Tinto and as a consequence financing is the least of our concerns," Ivanhoe Executive Chairman Robert Friedland said during the call. Rio this week said it was doubling its stake in Ivanhoe to 19.7% for $388 million in cash, and Clayton said the mining company plans to follow on with further investments as outlined in an agreement between the companies. Rio Tinto can raise its stake in Ivanhoe to as much as 46.65%.
All together, Ivanhoe said it expects Rio to provide $1.3 billion to $1.4 billion of capital. The gap would be closed with the project finance outlined by Clayton. The mine is expected to position Rio Tinto for a major copper output expansion at a time of strong prices. "We think we have to get through a time of some uncertainty and volatility, but the further you go out we feel more and more comfortable about how the supply-demand fundamentals look for the copper market," Clayton said.
That uncertainty may last six to 12 months.
"We do expect that the import levels going into China through the remainder of the year will come down from the levels that we have been seeing - closer to the couple-of-hundred-thousand-ton range," Clayton said. "If you look past 12 months to four or five years, we still are optimistic about the market," he added.

Company Web site: http://www.riotinto.com

[newefra]

und jetzt will alles schnell noch mit.

=DJ FOCUS: Mongolian Mining Investments Draw Private Equity
16.10.09 HONG KONG (Dow Jones)--Foreign investment in Mongolia is set to take off in the wake of the Oyu Tolgoi mining deal.
Political and regulatory uncertainties have largely kept Mongolia - home to some of the world's largest untapped reserves of coal, copper and other commodities - out of the global commodities boom.
That's poised to change after the US$4 billion Oyu Tolgoi copper-gold project became the country's first mining project to be privatized. The deal is helping clear up vagaries regarding taxation and government involvement and laying down the groundwork for more foreign investments.
Mongolia has at least 24 other resource deposits to be developed and privatized. It has an estimated 62,000 tons of uranium reserves - the world's 15th largest - and total coal reserves of about 100 billion tons. In all, the Mongolian government hopes to attract US$25 billion in foreign investment in the mining sector over the next five years. A bevy of global investors including private equity, sovereign wealth funds, construction firms and global banks are already looking at opportunities opening up.
Mongolia is "an extended China play for people who did not get into the China story on the ground floor," said Mandar Jayawant, who is heading up Frontier Investment and Development Partners' Mongolia fund out of Ulaanbaatar. With Mongolia, investors now have a "really good opportunity of getting exposure to the mining sector and also to get into the China resource play," he said.
Frontier is in the midst of raising the first-ever Mongolia focused private equity fund. The firm expects its first closing with US$45 million from Korean and Japanese investors early next year and aims to raise US$100 million. Global private equity firms such as Oaktree Capital Management LP, Franklin Templeton Investments and Carlyle Group LP have talked with Mongolian
conglomerates looking to develop resources and infrastructure while sovereign wealth funds such as Singapore's Temasek Holdings Pte. Ltd. and China Investment Corp. also appear to be digging in.
Temasek and private-equity firm Hopu Investment Management Co. in late 2007 invested a combined $300 million in Lung Ming, a firm that owns a majority stake in the operator of the Eruu Gol iron-ore project. Banking sources have also tipped CIC as a potential investor for a 9.9% stake in the Oyu Tolgoi
copper project. CIC, which has previously declined to comment, couldn't be immediately reached. Global banks including Credit Suisse Group and Deutsche Bank AG have provided development financing for resources companies such as Mongolia Energy
Corporation, Lung Ming and South Gobi Energy Resources. Officials at the banks declined to comment. Resource firms are also seizing opportunities. Australian construction company Leighton Holdings started a mining contract at Ukhaakhudag Coal Mine in southern Mongolia for Energy Resources LLC. "It is certainly almost impossible to exaggerate Oyu Tolgoi's multiplier effect...Mongolia has the potential to become the ultimate high beta play the investment story based on China's rapacious demand for resources," CLSA Asia Pacific Markets analyst Christopher Wood wrote in a recent report. Oyu Tolgoi, owned by Canada-based Ivanhoe Mines Ltd. (IVN), is the country's first privatized mining project. Negotiations with the government regarding the project dragged on for six years due to uncertainties about regulations but finally became serious earlier this year after the government announced it
would scrap a 68% windfall tax on sales of copper and gold.
The government also classified terms under which it can take a stake, eliminated tax law provisions for value added tax and clarified some issues related to resource and water use. The groundbreaking deal, under which the government will own a 34% stake in the mine, has opened the door for more deals
to follow. Next up after Oyu Tolgoi is Tavan Tolgoi, a 6 billion ton coal deposit, where potential investors, including Brazil's Vale (VALE), Peabody Energy Corp. (BTU) and Chinese companies, have shown interest. But hurdles remain along the way.
"There's no shortage of world-class deposits in Mongolia and there's a lot of investor interest, but there is a limited number of high quality investable opportunities today for the major private equity firms and sovereign wealth funds looking to invest US$50 million to US$100 million in a minority investment," said Robert Lepsoe, an advisor to the Mongolian government tasked
with setting up the country's sovereign wealth fund. For the near future, most opportunities look to be in under the US$50 million
range. "The most obvious near-term opportunities are for small to mid-sized private equity looking to invest US$10 million to US$30 million in a late stage exploration company that could list in Hong Kong or be sold to a strategic buyer, Lepsoe said.
For firms looking to make larger investments, there are also a handful of large Mongolian conglomerates looking to raise US$50 million or more in order to develop their own minerals deposits or related infrastructure, he said. For all the opportunities, investing in Mongolia is not without significant risks. Like with other frontier markets, the country's legal system is a source
of concern. "Mongolia is a young country with a judicial system that hasn't been tried and tested. If you encounter problems and you are first to take this to court it could be a big problem. You are the one blazing the trail," Frontier's Jaywant said.

[maxi1010]

eine kleine Position hab ich mir hier auch mal zugelegt, interessanter Wert zum Beobachten ...

[newefra]

ich bin hier auch letzte Woche eingestiegen, glaube aber nicht dass sich kurzfristig viel tun wird.
Allerdings nehmen die Aktivitäten in der Mongolei kräftig zu
und die Wahrscheinlichkeit dass IVN in den nächsten Monaten
einen ordentlichen Sprung macht scheinen mir ziemlich realistisch.
Langfristig ist das sowieso eine sichere Sache.

Also abwarten

Gruss
newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.215.125 von newefra am 20.10.09 17:04:50

weiß nicht kann gut sein, dass es hier zu einer Übernahme kommt.

Vor allem wegem dem Mongoleithema ....

[newefra]

Antwort auf Beitrag Nr.: 38.217.707 von maxi1010 am 20.10.09 21:37:30

Hallo,

eine Übernahme erscheint mir hier wenig wahrscheinlich, weil:

1. der mongolische Staat mit 34% bei IMMI beteiligt ist
2. Rio Tinto seinen IMMI-Anteil in den nächsten beiden Jahren (d.h. vor Inbetriebnahme) auf 46,6% aufstocken kann und sicherlich auch aufstocken wird.
3. Die Verträge mit der Mongolei langfristig bindend angelegt sind.

Eine Übernahme könnte ich mir jedoch vorstellen bei Entrée Gold ETG, die grosse Flächen um das Oyu Tolgoi Projekt herum gesichert haben. Aber auch hier sind IVN und Rio Tinto bereits beteiligt.

Also wenn spekulieren, dann darauf dass hier in unmittelbarer Nähe zu China eines der weltweit bedeutendsten Abbaugebiete erschlossen wird. Falls es hier noch nicht erwähnt wurde, bei Google Earth einfach 43.009,106.84 eingeben, die Aufnahme stammt allerdings aus der Anfangszeit des Projektes.

Gruss
newefra

[newefra]

interessante Info:


NEW YORK (Dow Jones)--Traders were bullish in Ivanhoe Mines Ltd. (IVN)Wednesday, but mixed in their approach to Brazilian mining giant Vale S.A. (VALE) and Freeport McMoRan Copper & Gold Inc. s (FCX), afterFreeport s earnings topped analysts expectations.
In Ivanhoe, traders picked up more than 10 times as many calls, which convey the right to buy a stock, as they did puts, which convey the right to sell it. In particular, one trader bought about 10,000 December $14 calls, according to Steve Claussen, chief investment strategist at OptionsHouse LLC, or about 10
times open interest.
At a premium of 70 cents, those options stand to make the trader money if Ivanhoe shares rise above $14.70 before Dec. 18. That would imply a sizeable jump in the stock. Shares changed hands recently up 5.3% to $12.52. When you buy an out-of-the money call like this, you are definitely looking for a huge move in the stock, not just a limited move, Claussen said. It could be a play on weakness in the dollar or strength in commodity prices after Freeport s better-than-expected earnings, he added.
Ivanhoe is slated to report third-quarter earnings next month.

[maxi1010]

Ivanhoe hat hier auch mitgezogen, interessante Beteiligung, die selbst noch einiges Potential hat ...

http://stocknessmonster.com/news-item?S=EXS&E=ASX&N=465056

[newefra]

da läuft noch mehr bei Ivanhoe Australia.

Quelle http://www.ivanhoeaustralia.com/s/Home.asp

release 21.10.2009
Extremely High-grade Molybdenite Zone Christened “Little Wizard”
High-Value JORC Resource Defined Near Merlin Decline
Drilling Extends New High-grade Molybdenum Discovery at Lanham’s Shaft
MELBOURNE, AUSTRALIA – Robert Friedland, Chairman and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (IAL) (IVA-ASX) are pleased to announce that further drilling on molybdenum and rhenium targets within the company’s Cloncurry tenements has resulted in a series of additional high-grade drilling results.

Gruss
newefra

[newefra]

DJ SouthGobi Energy Eyes HK IPO, In Talks With Sovereign Funds
23.10.09 11:43:01- APIN
BEIJING (Dow Jones)--Canadian company SouthGobi Energy Resources Ltd.(SGQ.V),a unit of Ivanhoe Mines Ltd. (IVN), is in talks with sovereign wealth funds for funding, its president and chief executive officer, Alexander Molyneux, said Friday.
Apart from an initial public offering in Hong Kong, SouthGobi is "also working with a variety of strong institutional investors (including) sovereign wealth funds to see if there are any cornerstone investment opportunities as well," Molyneux said, without elaborating on the investors. The company will use the funds for expanding production, accelerating its exploration program, constructing railways and building coal wash plants to
boost coal prices and export coal of higher value from Mongolia to China, he said in a speech at the 2009 China Eurasia Investment Forum.
SouthGobi mines coal in Mongolia's South Gobi region and in East Kalimantan in Indonesia. It plans to raise US$250 million through the IPO in Hong Kong hopefully in the first quarter next year, a person with direct knowledge about the matter told Dow Jones Newswires Friday. SouthGobi's flagship coal mine, Ovoot Tolgoi sells coal to customers in China.
Before Molyneux joined SouthGobi as president in April this year, he was head of Metals & Mining Investment Banking at Citigroup Inc.'s (C) Asia Pacific operation.

GLTA
newefra

[newefra]

Hallo,

wer den conference-call nicht gehört hat, das transcript ist auf der website www.ivanhoemines.com "Investors info / Investor Briefing Presentation" verfügbar.

GLTA
newefra

[newefra]

Entrée Gold erhält die Abbaulizenz von der mongolischen Regierung.
Das betrifft ja auch den Teilhaber IVN


Entree Gold Receives Mongolian Mining Licences

8:42 AM ET, October 26, 2009

VANCOUVER, Oct 26, 2009 (PR Newswire Europe via COMTEX) -- Entree Gold Inc. (ETG)(US:EGI) announces that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licences has been approved by the Mineral Resources Authority of Mongolia and the licences have been received. The eastern portion of the Shivee Tolgoi licence and the entire Javhlant licence are subject to a joint venture with Ivanhoe Mines Ltd., through its subsidiary, Ivanhoe Mines Mongolia Inc. LLC (IVN)(US:IVN). Mining licences have a 30 year term with two renewals of 20 years each possible.

Greg Crowe, President and CEO of Entree stated: "The granting of the mining licences provides the long term security necessary for Entree and its joint venture partner, Ivanhoe Mines, to advance the known deposits at Oyu Tolgoi through development to production. It also provides sufficient time for testing the potential along strike extensions to Entree's Hugo North Extension and Heruga deposits and for the diligent and systematic exploration of other copper, gold and molybdenum prospects. The granting of these mining licenses represents a pivotal moment in the advancement of our Mongolian assets."

Shivee Tolgoi (54,760 hectares) and Javhlant (20,346 hectares) completely surround Ivanhoe Mines' Oyu Tolgoi mining licence. Conversion of these licences has now consolidated a sizeable land position upon which the Oyu Tolgoi mining complex will be established.

Title to the portion of the Shivee Tolgoi licence outside of the joint venture ("Shivee Tolgoi West") is 100% owned by Entree LLC, the Company's Mongolian subsidiary. The Company believes that further exploration is warranted on Shivee Tolgoi West, which covers over 35,000 hectares, to identify additional mineralization which could be processed through the Oyu Tolgoi facilities.

Successful conversion of these exploration licences to mining licences was a condition precedent to the Investment Agreement signed between Ivanhoe Mines, our largest shareholder Rio Tinto (US:RTP) and the Mongolian government on October 06, 2009. These mining licences are contained within the Contract Area covered by the Investment Agreement. Under the terms of the Entree-Ivanhoe Mines joint venture, Entree retains either a 20% or 30% carried interest on these licences, dependent on the depth of mineralization.

[newefra]

Rio Tinto schliesst den zweiten Abschnitt des Ivanhoe Investments ab - Anteil von 9,8 auf 19,7% erhöht mit der Möglichkeit auf 43,1% zu erhöhen

LONDON (Dow Jones)--Rio Tinto PLC (RIO.LN), a resources company, said Wednesday that it has completed the second tranche of its investment in Ivanhoe Mines Ltd. (IVN) increasing its ownership by 9.8% to 19.7% of Ivanhoe's common shares.
MAIN FACTS:
-The second tranche consists of 46,304,473 common shares at a subscription price of $8.38 per share for a total consideration of $388.03 million.
-If Rio Tinto were to exercise and convert all of its remaining warrants and securities of Ivanhoe, it would own 257,931,578 common shares of Ivanhoe representing 43.1% of Ivanhoe's common shares.
-Rio Tinto has no present intention of acquiring other securities of Ivanhoe, except as regards its right to acquire additional securities so as to maintain its proportional equity interest in the future, or of disposing of any of the securities of Ivanhoe which it holds.
-Depending upon its evaluation of Ivanhoe's business, prospects and financial condition, the market for Ivanhoe's securities, general economic and tax conditions and other factors, Rio Tinto may acquire additional securities of Ivanhoe or sell some or all of the securities it holds.



-

[newefra]

es scheint, dass die Chinesen mit in das Boot wollen:



BEIJING -- Senior officials from Aluminum Corp. of China, or Chinalco, downplayed speculation Thursday that the state-owned metals producer is pursuing talks with Rio Tinto Ltd. (RIO.AU) on a joint investment in Mongolia's copper and gold Oyu Tolgoi mine, but stopped short of ruling out the possibility. "I'm not sure, but probably not," said Wang Wenfu, president of Chinalco
Overseas Holdings, the company's foreign investment arm, when asked if the pair had begun cooperation talks.
Lu Youqing, Chinalco's vice president, said he was uncertain on the issue. Australian media reported Thursday that Rio Tinto has begun talks with Chinalco on possible cooperation at the $4 billion Oyu Tolgoi mine. Rio Tinto and its joint venture partner in Oyu Tolgoi, Ivanhoe Mines Ltd.(IVN), signed an investment agreement with the Mongolian government earlier this month and plan to produce 450,000 tons of copper and 300,000 ounces of
gold a year from the mine. Officials from Rio Tinto and Ivanhoe declined to comment.

[newefra]

hier auch mal in Deutsch

Rio Tinto stockt Beteiligung an Ivanhoe Mines auf

28.10.2009
aktiencheck.de

London (aktiencheck.de AG) - Der britisch/australische Bergbaukonzern Rio Tinto plc/ Ltd. (ISIN GB0007188757 / WKN 852147) (ISIN AU000000RIO1 / WKN 855018) hat seine Beteiligung an Ivanhoe Mines Ltd. (ISIN CA46579N1033 / WKN 901508) erhöht.

Wie aus einer am Mittwoch veröffentlichten Pressemitteilung hervorgeht, habe man sich im Zuge einer zweiten Trance eines Private Placements weitere 9,8 Prozent der ausstehenden Aktien des Kupfer-, Gold- und Kohleexplorers gesichert. Damit steigt die Beteiligung von Rio Tinto an Ivanhoe Mines auf 19,7 Prozent. Insgesamt habe sich Rio Tinto die Erhöhung der Beteiligung 388,0 Mio. US-Dollar kosten lassen.

Sollte Rio Tinto alle Optionen ausüben, könnte die Beteiligung an Ivanhoe Mines auf 43,1 Prozent erhöht werden. Derzeit habe man jedoch nicht die Absicht, die Beteiligung weiter zu erhöhen, teilte der Konzern weiter mit.

Die Aktie von Rio Tinto notiert aktuell in London mit einem Minus von 3,13 Prozent bei 2,783,50 Pence. (28.10.2009/ac/n/a)

[SommerSonneSandMeer]

Heute gab es auf n-tv.de eine nette Meldung dazu:

Riesiges Gold- und Kupferreservat
Mongolei gibt Zugriff frei
Nach jahrelangen Verhandlungen sind sich der australische Bergbaugigant Rio Tinto und sein kanadischer Partner einig: Im Bergwerk Oyu Tolgoi in der Mongolei wollen sie Rohstoffbestände im Wert von rund drei Milliarden Dollar erschließen.

330.000 Unzen Gold sollen im neuen Bergwerk über 35 Jahre gefördert werden.
(Foto: picture-alliance/ dpa/dpaweb)

In der Mongolei ist nach jahrelangen Verhandlungen der Weg frei für die Erschließung riesiger Kupfer- und Goldvorkommen. Der australische Bergbaugigant Rio Tinto und sein kanadischer Partner Ivanhoe Mines schlossen eine entsprechende Investitionsvereinbarung mit der Regierung. In dem Bergwerk Oyu Tolgoi rund 80 Kilometer nördlich der mongolisch-chinesischen Grenze nahe der Wüste Gobi schlummern Rohstoffbestände im Wert rund drei Milliarden Dollar.

Das Bergwerk soll im Jahr 2013 den Betrieb aufnehmen. Nach weiteren fünf bis acht Jahren dürfte es mit voller Auslastung fördern, wie die Unternehmen mitteilten. Gerechnet wird im Schnitt mit 450.000 Tonnen Kupfer pro Jahr sowie 330.000 Unzen Gold über einen Zeitraum von 35 Jahren. Das Kupfer soll direkt an China, dem größten Nachfrager, verkauft werden.

Die mongolische Regierung hatte zuletzt mit dem Verzicht auf eine Kupfer- und Goldsteuer eine wichtige Hürde für das Projekt aus dem Weg geräumt. Dennoch dürfte Oyu Tolgoi dem zentralasiatischen Land wirtschaftliche Vorteile bringen. Nach Einschätzung des Finanzministeriums ist sicher gestellt, dass die mongolische Seite deutlicher von dem Projekt profitieren wird als die Investoren. Die weltweiten Kupferbestände steigen zudem um zwei Prozent.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 38.314.069 von SommerSonneSandMeer am 03.11.09 21:44:07

Was mir gerade aufgefallen ist... (bitte entschuldigt meine Naivität, bin neu bei Ivanhoe)

Das Gold- und Kupfer Projekt in der Mongolei wurde mit Kosten von 1,00 USD/lbs bzw. 400USD/uz gerechnet.

Das heißt aktuell beim Kupfer ca. 2 USD/lbs an Marge, beim Gold ca. 680USD/uz.

Ivanhoe ist aktuell mit ca. 3 Mrd bewertet, genauso hoch wie das Projekt in der Mongolei, dazu gibt es die anderen Projekte "gratis" dazu, ein nette Beteiligung durch Rio Tinto (ich schließe auch eine komplette Übernahme nicht aus, ist aber nur meine persönliche Meinung) Ich schau mal, dass ich hier morgen noch einen günstigen Einstieg finde...

SSSM

[newefra]

Antwort auf Beitrag Nr.: 38.314.139 von SommerSonneSandMeer am 03.11.09 21:52:51

Hallo,

das Ganze ist etwas komplexer als es die Presseberichte erscheinen lassen. Detaillierte Zahlen für Kosten/Erträge sind in den Projektstudien auf der IVN Webseite zu finden. Erwähnenswert ist auch, dass als Spezialist für die Goldvorkommen Entrée Gold ETG als Partner dabei ist und als Invest in Frage kommt. Ich persönlich habe in beide Werte investiert. Kurzfristig erwarte ich keine grosse Aufwärtsbewegung, im Frühjahr allerdings könnten die Papiere urplötzlich abheben.

Alles Gute

newefra

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 38.316.032 von newefra am 04.11.09 09:55:47

Ich habe mich jetzt mal ein wenig eingelesen. Ich erwarte hier schon kruzfristig einen deutlichen AUfschwung, da durch die Unterstützung der mongolischen Regierung hier die Rechtsgrundlage für das GRoßprojekt gegeben ist.

Kann schon sein, dass es zwischendurch nochmal runter geht, aber als Langfrist-Invest sicher eine spannende Option.

SSSM

[SommerSonneSandMeer]

Das Ding hier hat irgend etwas von Dschingis Khan, auch dort wurde aus einem kleinen Player in der mogolischen Steppe eine Weltmacht

Sieht wirklich gut aus, ich hoffe, das der aktuelle Aufwärts-SChwung in den Bereich von 15 CAD / 10 Euro bringt...

Im Peek ca 750.000t Kupfer und 900.000 uz Gold pro Jahr, so ca. um 2020.

Da scheint noch etwas Luft nach oben zu sein.

SSSM

[newefra]

Antwort auf Beitrag Nr.: 38.321.354 von SommerSonneSandMeer am 04.11.09 19:56:00

alles richtig und zusätzlich liegt das ganze vor der Haustür des chinesischen Marktes.

hier noch ein paar Sätze zu dem Thema aus dem Investors briefing über das JV von Rio und BHP vom vergangenen Montag:

Opportunities In India And Mongolia
One of the messages of the briefing is that Rio is broadening its growth focus beyond the three core commodities of iron ore, copper and aluminum and would now be driven by the quality of the opportunity, not the commodity.
Albanese (CEO von Rio) pointed to coal in Mongolia as one area where Rio could invest more funds, with Mongolian coal likely to end up being sold into the seaborne markets in China at similar prices to those of seaborne coal.
"From my perspective this is a place we need to be investing," he said. Albanese said Rio already has investments in coal in Mongolia through its stake in Ivanhoe Mines Ltd. (IVN) and through its own coal exploration ground.

Für insgesamt rd 400 Mio Aktien ist das tägliche Volumen natürlich sehr gering und entsprechende Ausschläge normal.

Gruss

newefra

[newefra]

Guten Morgen,

Ivanhoe ist ja bekanntermassen nicht nur in der Mongolei tätig.
Hier ist das neueste Gutachten zu den Molybden und Rhodiumlagerstätten in Australien.

http://www.ivanhoe-mines.com/i/pdf/nov0509.pdf

Grüsse

newefra

[maxi1010]

Wie hoch schätzt ihr die Wahrscheinlichkeit, dass Ivanhoe die Beteiligung an Exco Res. aufstockt - bzw. den Wert komplett übernimmt?

Bin derzeit in beiden investiert - bei Exco rechne ich mit einer Übernahme, Ivanhoe sehe ich als Langzeitinvestment ...

[newefra]

Antwort auf Beitrag Nr.: 38.339.845 von maxi1010 am 07.11.09 00:10:33

schwer zu sagen ob IAL EXCO ganz übernehmen will.
Derzeit gibt es ja eine Beteiligung im Rahmen des JV, die bei weiterem Finanzbedarf wohl auch ausgebaut werden kann.
IVN sehe ich ebenfalls als langfristiges Invest.

Gruss
newefra

[SommerSonneSandMeer]

Zumindest scheint auch die Börse den Wert von Ivanhoe Mines erkannt zu haben, der Kurs zeigt klar gen Norden, ich denke, da ist noch ordentlich Luft für einen weiteren Kursanstieg. 10€ sollten locker drin sein

SSSM

[SommerSonneSandMeer]

Ich sehe Ivanhoe sowohl als kurzfristige als auch als langfristige Chance. DIe 10EUro sehe ich bis Weihnachten, langfristig ist deutlich mehr drin. AUstralien scheint ja auch ganz nett, aber mein Hauptaugenmerk liegt in der Mongolei.. vermutlich freut sich der große Nachbar schon...

SSSM

[newefra]

Antwort auf Beitrag Nr.: 38.351.701 von SommerSonneSandMeer am 09.11.09 20:41:40

10€ bis Weihnachten???

das könnte von Ulli Hoeness sein, der behauptet auch dass Bayern Weihnachten an erster Stelle steht.

im Ernst: Kurssteigerung? ja klar, durchaus, aber mit Maßen
Kursexplosion? nicht auszuschliessen, aber wenn, dann eher mittel- bis langfristig.

Derartige Abbauprojekte kosten nicht nur sehr viel Geld, sie sind auch sehr zeitaufwändig.

Das Gegenteil wäre mir natürlich auch angenehm, ziehe es aber vor Realist zu bleiben.

Gruss
newefra

[newefra]

eine Menge interessanter News von Ivanhoe

Potential in der Mongolei noch höher als erwartet.

siehe website

schönes WE

newefra


P.S.
vielleicht wird´s ja tatsächlich noch was mit den 10€ bis Weihnachten

[newefra]

auf dieser website ist ein älteres Video über das Projekt, falls noch nicht bekannt:

http://tomongolia.blogspot.com/2009/10/oyu-tolgoi.html

@ SSSM vielleicht werden deine Weihnachtswünsche doch noch wahr.

Gruss
newefra

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 38.387.151 von newefra am 14.11.09 07:20:07

Kupfer und Gold haben heute beide einen geschmeidigen Satz nach oben gemacht, die Aussicht auf dauerhaft niedrige ZInsen in den USA bringen Inflationssorgen mit sich und führen klassisch in die Flucht in Gold und andere Rohstoffe, z.B. Industriemetalle.
Die zusätzlichen Resourcen aus den jüngsten Explorationsergebnissen schaden sicher auch nicht.

EInizig die hohen Lagerbestände an der LME können den Kupferpreis in den nächsten WOchen etwas einbremsen, ansonsten bin ich mir fast sicher, dass wir bis Weihnachten die 10 EUro bei IVanhoe Mines sehen, mal sehen wozu GOld und Kupferpreis in diesem Jahr noch in der Lage sind. Langfristig ist auch nicht mit einem dramatischen Preisverfall zu rechnen


SSSM

[newefra]

ZEUS hat zugeschlagen!


PRESS RELEASE: Ivanhoe Mines and GoviEx Gold Use Zeus(TM) Breakthrough Exploration Technology to Expand Mineralized Bridge Linking Oyu Tolgoi Deposits
17.11.09 14:31:42- DJPN

http://www.ivanhoemines.com/s/NewsReleases.asp

[SommerSonneSandMeer]

WEnn wir den Göttervater auf unserer Seite haben, dann kann ja nichts mehr schiefgehen.
Ivanhoe wird wie Dschingis Khan aus der Mongolei ein Weltreich erobern...

Sieht echt gut aus, auch die Umsätze gefallen mir.

400k Aktien in Kanada
200k in NY
1k in Deutschland... hier scheint noch niemand auf die AKtie aufmerksam geworden zu sein...

SSSM

[SommerSonneSandMeer]

Kupfer und Gold erklimmen immer neue Höhen, zumindest heute hat sich Ivanhoe mal ne Pause gegönnt und den Höhenflug unterbrochen.

Ich glaube weiterhin daran, dass wir bis zum Jahresende die Marke von 10 Euro erklimmen, falls nicht, so bleibt dann entsprechend Luft für das nächste Jahr.

Die stärke von Kupfer verwundert ein bißchen, zumal die Lagerbestände kontinuierlich zunehmen... hier ist ein Rücksetzer nicht unwahrscheinlich.

Gute Nacht,
SSSM

[maxi1010]

Antwort auf Beitrag Nr.: 38.442.003 von SommerSonneSandMeer am 24.11.09 00:11:30

habe vor die aktie etwas länger zu behalten - von mir aus kann es ruhig noch etwas dauern ... mir ist ein langsamer kontinuierlicher anstieg auch recht ....

.... € 10,-- sind zwar nett ... aber ich den auf Sicht von ein paar Jahren könnte hier auch ein Vielfaches davon möglich sein ...

... obwohl - zereit bin ich 5% im plus und freue mich auch darüber

[SommerSonneSandMeer]

Hallo ZUsammen,

anscheinend gibt es für die Preise von Kupfer und Gold aktuell nur eine Richtung. Mit jedem Tag steigt also auch der Wert unserer Liegenschaften in der Mongolei. Obwohl Ivanhoe noch ein STück vom Produktionsbeginn entfernt ist, momentan gibt es nichts, was einen Kursanstieg bremsen könnte.

SSSM

[newefra]

NEWS -NEWS NEWS


Ivanhoe Mines announces construction budget of US$758 million
for development work in 2010 at Oyu Tolgoi mining complex in Mongolia
Majority of Oyu Tolgoi Investment Agreement conditions precedent
have been satisfied in recent weeks

http://www.ivanhoemines.com/s/NewsReleases.asp

GLTA

newefra

[SommerSonneSandMeer]

Lustig, hier in Europa scheint sich kein Mensch für Ivanhoe Mines zu interessieren, der Umsatz findet in Kanada und den USA statt. Der Newsflow gefällt mir, es vergehen kaum 14 Tage, ohne dass ein klares, positives Zeichen in RIchtung Cash-Flow aus dem Großprojekt verkündet wird.

Vielleicht erwachen ja demnächst auch europäische Anleger und Investoren aus ihrem Dornröschenschlaf...

SSSM

[newefra]

Antwort auf Beitrag Nr.: 38.524.083 von SommerSonneSandMeer am 07.12.09 21:28:45

Man sieht, dass hier absolut alles, auch die Finanzierung nach Plan läuft.

Trotzdem hält die Aktie einen Dornröschenschlaf mit insgesamt geringem Volumen.
Der allergrößte Teil der Aktien ist ja doch in festen Händen.
Aber in nicht zu ferner Zukunft kommt der plötzliche Ausbruch.
Solange sind wir hier noch unter uns.

GLTA

newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.524.465 von newefra am 07.12.09 22:20:18

dauert ja auch noch, bis die miene in produktion geht ..

aber die Marschrichtung ist absolut ok!!

[newefra]

Antwort auf Beitrag Nr.: 38.524.868 von maxi1010 am 08.12.09 00:19:38

dass die Inbetriebnahme der Förderung noch dauert ist zwar richtig, allerdings wird die Zahl der frei zu handelnden Aktien durch die sukzessive Erhöhung des Rio Tinto Anteils immer niedriger und
somit die Wahrscheinlichkeit eines gewaltigen Kurssprungs immer höher.
also: sammeln und in den Schatten legen, so halte ich es jedenfalls.

Gruss

newefra

[newefra]

Hallo zusammen. Hier eine Personalie die von Ivanhoe zu LI3 Energy, einem neu gegründeten Lithium Explorer wechselt.
Lohnt sich mal näher anzusehen

newefra


Li3 Energy, Inc. Announces the Appointment of Kjeld Thygesen, Anthony Hawkshaw, and Douglas Perkins as Directors

7:30 AM ET, December 10, 2009

LIMA, Peru, Dec 10, 2009 /PRNewswire-FirstCall via COMTEX/ -- Li3 Energy, Inc. (US:LIEG); ("Li3 Energy"), is pleased to announce today that it has appointed Kjeld Thygesen, Anthony Hawkshaw, and Douglas Perkins as members of Li3 Energy's Board of Directors, effective immediately.

Kjeld Thygesen has been a director of Ivanhoe Mines, Ltd. (IVN) since 2001, and has over 30 years experience as a resource analyst and fund manager within the mining industry. In addition, he is also the former Investment Director of Resources Investment Trust PLC. In 1987, Mr. Thygesen became an Executive Director of N M Rothschild & Sons' International Assessment Management after serving as the manager of Rothchild's Commodities and Natural Resource department from 1979. In 1989, He co-founded Lion Resource Management Ltd., a specialist investment manager in the mining and natural resources sector, where he is currently a managing director. Mr. Thygesen previously worked for James Capel & Co. as part of that company's highly rated research team. Mr. Thygesen is a graduate of the University of natal in South Africa.

Anthony Hawkshaw is the current CFO and a director of Rio Alto Mining Limited (TSX.V: RIO), and has been a director of Statesman Resources Ltd (TSX.V: SRR) since 2006. He has over 25 years experience in the mining industry, and has extensive experience arranging debt, equity and convertible debt financings with institutional investors, commercial banks and multilateral lending agencies. Mr. Hawkshaw is the former CFO of Grove Energy Limited (2005-2007), Chariot Resources Limited (2004) and Pan American Silver Corp (1995-2003). Mr. Hawkshaw is a Chartered Accountant and holds a Bachelor Degree in Business Management from the Ryerson University in Toronto.

Doug Perkins has worked for many industrial and geological start-up companies in a number of capacities. During the last two years, he managed geological projects, including all aspects of exploration, in the Yukon, British Columbia, United States, Panama and Peru. Mr. Perkins also has extensive experience on various geological company boards and other businesses and he previously worked for several major mining companies as a consultant geologist. As a business consultant, he has been involved in many diverse businesses ranging from industrial minerals to biofuels. Mr. Perkins received his Bachelor of Science Degree in Geology in 1979 from the University of British Columbia.

"The new members of our Board of Directors will play an essential role in Li3 Energy's future growth strategy. Kjeld's extensive experience in the resource sector, Anthony's financial expertise and resource related experience in Latin America and Doug's technical expertise will be integral components of our success. Our new Directors will complement and strengthen the rest of the Li3 team and will aid us in identifying and acquiring attractive opportunities in our path to becoming a significant worldwide lithium mining company," said Luis Saenz, CEO of Li3 Energy.

About Li3 Energy, Inc.

Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally.

Certain statements in this news release are forward-looking. These statements are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of Li3 Energy, including, but not limited to, Li3 Energy's ability to identify corporate acquisition and/or joint venture opportunities in the lithium mining sector in the Americas, and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities; future economic conditions; political stability; and lithium prices. Additional information on risks and other factors that may affect the business and financial results of Li3 Energy can be found in filings of Li3 Energy with the U.S. Securities and Exchange Commission.

SOURCE Li3 Energy, Inc.

[SommerSonneSandMeer]

Antwort auf Beitrag Nr.: 38.452.169 von maxi1010 am 25.11.09 13:16:16

Scheint so, als läge ich mit meinen 10 Euro bis Weihnachten gar nicht so furchtbar falsch, der Kurs nimmt zumindest klar sichtbar Anlauf auf diese Marke.


Das einige Direktoren gehen mussten ist nach dem Einstieg von Rio Tinto absolut normal, hier wird nur nochmals der Verdacht unterstrichen, dass sich Rio Tinto demnächst die Mehrheit an Ivanhoe Mines sichern wird...

SSSM

[SommerSonneSandMeer]

Gab es außer den hervorragenden Zahlen über die Chinesische Industrieproduktion irgendwelche Gründe, warum Ivanhoe heute so anzieht? Klar ist ein solche großes Projekt in Grenznähe bei einem so Rohstoff-hungrigen Land "Gold" wert.

SSSM

[SommerSonneSandMeer]

Wäre echt toll, wenn hier jemadn einen Real-TIme-Chart zu Ivanhoe einstellen könnte, ich bin dazu irgendwie zu blöd...

[newefra]

Antwort auf Beitrag Nr.: 38.553.384 von SommerSonneSandMeer am 11.12.09 18:08:47

wäre schön, wenn du mit deiner Prognose recht behälst.

Aber schau dir mal an wohin der Mensch von Ivanhoe gewechselt ist.
Heute + 29%
Allerdings so ganz trau ich dem Braten noch nicht.

GL

newefra

[setmode]

Antwort auf Beitrag Nr.: 38.553.591 von SommerSonneSandMeer am 11.12.09 18:35:53

[newefra]

solide nach oben und das bei etwas über durchschnittlichem Volumen.
Die Zahl der im Handel befindlichen Papiere ist sehr, sehr gering und eigentlich trennt sich ja kaum jemand von der Aktie bevor im Fühjahr die open-pit Aktivitäten beginnen.
Daher halte ich es schon für möglich, dass diejenigen die diese Aktie traden den Kurs über Winter auch wieder nach unten bringen.
Ich persönlich bin gut im Plus und werde sie liegen lassen.

Allen einen schönen 3. Advent

newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.555.943 von newefra am 12.12.09 09:13:30

mein traum-szenario wäre, dass Ivanhoe mit einem schönen aufpreis übernommen wird und die Ivanhoe-Aktionäre mit ihrem Geld dann andere Beteiligungen (wie z.b. Exco) aufkaufen

[newefra]

Antwort auf Beitrag Nr.: 38.561.284 von maxi1010 am 14.12.09 10:26:32

daran glaube ich nicht, denn warum sollte Robert M. Friedland darauf eingehen? und dann darf man nicht vergessen, dass die mongolische Regierung ebenfalls beteiligt ist und die werden weiter auf verlässliche Partner setzen.

die weiteren Bedingungen zwischen den Hauptaktionären sind festgelegt, die Mittel für den Beginn des Abbaus vorhanden.

Rio Tinto wird mit Sicherheit wie geplant seinen Anteil auf 46,6% erhöhen.

newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.561.493 von newefra am 14.12.09 10:57:52

ist nur eine Wunschvorstellung - vielleicht wird's ja noch was ...

aber wenn es in diesem Tempo, wie in den letzten Tagen weitergeht, dann ist es auch ok

[SommerSonneSandMeer]

Heute stehen die Chancen nicht schlecht, dass wir die 10 EUro in Angriff nehmen, nachdem gestern in Canada auf Tageshoch geschlossen wurde und die AUfwärtsdynamik weiter intakt ist.

DIe relattive Stärke in den letzten Tagen überrascht schon ein wenig, sieht tatsächlich so aus, als ob sich hier jemand bei Ivanhoe "einkauft", daher ist die Spekulation, dass Rio Tinto seine Anteile aufstockt nicht weit weg.

Ich gehe auch nicht davon aus, dass die bei 46% aufhören, Rio Tinto wird dann wohl meiner Einschätzung nach Ivanhoe komplett übernehmen, daher flüchten schon die ersten Vorstände.

SSSM

[newefra]

Antwort auf Beitrag Nr.: 38.575.598 von SommerSonneSandMeer am 16.12.09 10:15:05

mit der Annahme 10€ bis Weihnachten lagst du scheinbar doch nicht so falsch.
Allerdings glaube ich nicht, dass da jemand gezielt zum Einsteigen sammelt, dazu ist das Volumen viel zu gering.
Wahrscheinlicher ist, dass hier niemand rausgeht, daher der Anstieg.
Wie dem auch sei, jeden Tag 2-3% ist doch eine schöne Sache und kann ruhig bis Weihnachten 2010so weiter gehen.

newefra

[evens]

Da sind se schon!!

[nitzer100]

Antwort auf Beitrag Nr.: 38.580.841 von evens am 16.12.09 19:09:04

Das Volumen wird langsam mehr, vielleicht steckt Rio Tinto jetzt mehr rein.
Wenn die Kurve bleibt, sollten wir uns langsam an die 20 Kanadische Dollar rantasten bis Sylvester! Das wäre ein Knaller!

[nitzer100]

Antwort auf Beitrag Nr.: 38.580.992 von nitzer100 am 16.12.09 19:25:37

Oh, das war wohl die erste Gewinnmitnahme gestern abend, oder man wollte den Preis nach unten drücken, aber das wird sich schnell erholen, der technischen Bericht wird in den nächsten vier Wochen veröffentlicht. Der Bericht wird die ersten Untertagereserven für Oyu Tolgoi enthalten, sowie ein Updat zu der Gesamtressource, die durch die fortlaufenden Explorationsaktivitäten bestätigt wurde. Ich glaube da wissen manche Leute schon mehr....

[newefra]

South Gobi, ein Unternehmen von Ivanhoe Mines geht an die Börse Honkong

DJ SouthGobi Gets HK Listing OK For US$300 Mln IPO -Source
18.12.09 04:13:03- APIN
HONG KONG (Dow Jones)--Canadian company SouthGobi Energy Resources Ltd.(SGQRF), a unit of Ivanhoe Mines Ltd. (IVN), has received Hong Kong listing approval for its planned US$300 million initial public offering, a person familiar with the situation said Friday.
China's US$300 billion sovereign wealth fund China Investment Corp. invested US$500 million in the company in October and is expected to also take part in the IPO.
SouthGobi, which mines coal in Mongolia's South Gobi region as well as in East Kalimantan in Indonesia, will start pre-marketing for the deal as early as the first week of January in the hope of listing at the end of the month, the person said.
Citigroup Inc. (C) and Macquarie Securities Ltd. are bookrunners for the deal, people familiar with the situation said earlier.

vermutlich waren die Vorbereitungen für diesen Börsengang der Grund für den Anstieg der letzten Tage.

einen schönen Tag allen Investierten

newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.592.565 von newefra am 18.12.09 07:27:18

zeigt auch wie breit ivanhoe aufgestellt ist, jedenfalls wieder eine erfeuliche News mehr ...

[newefra]

Antwort auf Beitrag Nr.: 38.607.485 von maxi1010 am 21.12.09 10:33:51

man beachte Kurs und vor allem Volumen am Freitag!

newefra

[nitzer100]

Antwort auf Beitrag Nr.: 38.607.530 von newefra am 21.12.09 10:40:11

Heute zu Weihnachten ist ganz schön was los und die Volumen passen auch, kein Wunder nach der Nachricht:

The Rio Tinto Group equity ownership in Ivanhoe Mines will increase from its current level of 9.9% to 19.7%. The Rio Tinto-Ivanhoe Mines strategic partnership was initiated in October 2006 to develop the Oyu Tolgoi copper and gold mining complex in southern Mongolia, approximately 50 miles north of the Mongolia-China border.

Schöne Weihnachten.

[newefra]

Why traders think Ivanoe will shine
December 29, 2009 Tue 10:13 AM CT

Ivanhoe Mines is at a two-year high, and the option action is looking for it to continue running higher.

The Canadian gold and copper mining company is up at $14.94, falling slightly from the open and trading just below the high of $15.19 set yesterday, the highest level since November 2007. IVN is up almost 50 percent since finding support at the beginning of November and more than 500 percent for 2009.

The average daily options volume is has been fewer than 3,000 contracts total in IVN, and despite the holiday slowness we see one block of 4,100 June 15 calls traded today. The calls were bought for $2.25 against open interest of 3,608 contracts.

This call buying is a bet that IVN will be above the all-time high for the stock set in July 2007. This is one way that traders have been trying to leverage the higher price of gold and other precious metals.

newefra

[maxi1010]

gibt es eigentlich einen grund warum ivanhoe so gestiegen ist

ist zwar mehr als erfreulich, eigentlich habe ich diesen wert als langfristanlage im depot, aber nach den schönen anstiegen bin ich schon stark in versuchung ein paar gewinne mitzunehmen .....

[newefra]

Antwort auf Beitrag Nr.: 38.673.939 von maxi1010 am 06.01.10 11:45:38

Hallo,

an Gewinnmitnahmen ist noch niemand arm geworden.
Kommt für mich allerdings derzeit noch nicht in Frage, da ich mit News die den Kurs erst richtig nach oben treiben erst mit Beginn des Tagebaus, d.h. dem Ende des Winters in der Region rechne.

Man beachte, dass der Kurs seit Anfang Dezember mit sehr geringem Volumen (ausser 18.12.) hochgelaufen ist, gleiches gilt übrigens auch für ETG.

Gruss
newefra

[newefra]

nachdem ich auch hier zum Alleinunterhalter geworden bin, hier eine NEWS von IVN

Ivanhoe Mines appoints Citi as adviser on strategic options to further enhance shareholder value
LONDON, ENGLAND — Robert Friedland, Executive Chairman of Ivanhoe Mines, announced today that the company has retained leading global investment banking firm Citi and independent miningsector
specialist Hatch Corporate Finance to evaluate and advise the company on a range of strategic options to further enhance shareholder value.
"Our Board of Directors and management team are delivering on our commitment to build value for our shareholders,” said Mr. Friedland. "With the excellent progress that now is being made on
moving the Oyu Tolgoi copper and gold project toward production, and with the strong performance of our SouthGobi Energy coal subsidiary in Mongolia and Ivanhoe Australia’s copper, molybdenum
and rhenium discoveries, this is the right time to explore options available to us to further enhance value from our successes.”
Citi and Hatch will assist Ivanhoe’s management to evaluate a range of options during coming months. Options include, but are not limited to, potential debt/equity offerings, a credit facility, the sale of subsidiaries, equity investments, project financing and/or various corporate transactions. Mr. Friedland said that no specific transaction is being considered at this time.
Citi’s Global Investment Banking unit provides comprehensive financial services to major corporations, financial institutions and governments worldwide. Citi specializes in providing tailored,
strategic advisory services on M&A transactions and capital-raising activities, including mergers, acquisitions, divestitures, financial restructurings, underwriting and distributing equity, debt and derivative securities.
Hatch Corporate Finance, a leading, independent corporate finance adviser focused exclusively on the global metals and mining sectors, specializes in providing tailored advice in M&A
transactions (acquisitions, divestitures, mergers and joint ventures), capital markets activities and debt advisory services. The Hatch Group, with more than 7,000 professionals and 65 offices
globally, is recognized as one of the world's leading consulting and engineering firms.
About Ivanhoe Mines
Ivanhoe Mines is an international mining company with operations focused in the Asia Pacific region. Ivanhoe's core assets include its world-scale Oyu Tolgoi copper and gold mine development
project in southern Mongolia. The joint Ivanhoe Mines-Rio Tinto Oyu Tolgoi Technical Committee recently approved a conditional US$758 million budget for 2010 to begin full-scale construction of
the Oyu Tolgoi mining complex.
Ivanhoe Mines’ other core assets are its 79% interest in Mongolian coal miner SouthGobi Energy Resources (SGQ:TSX); its 83% interest in Ivanhoe Australia (IVA:ASX), a copper-gold-uraniummolybdenum-
rhenium exploration and development company; and its 49% interest in Altynalmas Gold Ltd., a private company developing the Bakyrchik and the Bolshevik gold mining projects in
Kazakhstan.


newefra

[newefra]

kräftiger Anstieg heute, der Grund sind Spekulationen:

Ivanhoe Australia, Ivanhoe Mines

There is speculation that Canada’s Ivanhoe Mines may offload its 83 per cent stake in listed local miner Ivanhoe Australia. The report comes as Ivanhoe Mines said it had hired global investment-banking firm Citigroup and London-based mining-industry adviser Hatch Corporate Finance, to help it evaluate options to enhance shareholder value, Bloomberg reports. There are a number of options on the table, but The AFR says the sale of the $1 billion stake in Australia could provide it with much needed capital, especially as it faces around $US2 billion in costs to develop Mongolian copper and gold mine Oyu Tolgoi. The Australian goes as far to say a source close to Ivanhoe Mines had not ruled out a sale of the whole company (which has a market capitalisation of just over $US6.8 billion), but also reports founder of Ivanhoe and chairman of the North Queensland based company, Robert Friedland, may be looking to sell his personal $200 million stake in Ivanhoe Australia. Chief executive of the local operation, Peter Reeve, said that while a sale by Friedland could not be ruled out, he wasn’t fazed by it, adding that the team at Ivanhoe was having a great time "doing what we’re doing" and it wouldn’t matter if it is with another company. Ivanhoe was one of the best performing small-to-medium-cap resources stocks last year, according to Intersuisse. Ivanhoe Mines said it could find the extra funds from the spin-off of assets by one or more strategic shareholders – including Rio Tinto, which has a 20 per cent stake (and therefore an indirect 16 per cent stake in Ivanhoe Australia). However, Dow Jones reports Rio has said it would be relatively easy to raise the money, and has talks with groups including International Finance Corp and the European Bank for Reconstruction and Development regarding financing. It could also sell its 80 per cent stake in coal miner SouthGobi Energy, which is currently planning a $US400 million IPO in Hong Kong. The AFR reports the most obvious buyer for Ivanhoe Australia would be Xstrata, but The Australian says it is not considered a likely bidder. Reuters notes that if Friedland decides to sell Ivanhoe Mines it would fit with his past behaviour – in the past he sold an undeveloped nickel-copper deposit in Canada to Inco for $US3.7 billion, which was subsequently purchased by Vale.
http://www.businessspectator.com.au/bs.nsf/Article/CBH-Resou…

[maxi1010]

bin ja eh noch ein stiller fan von dir und Ivanhoe

ich bin froh dass du hier die Infos reinstellst, da ich momentan meine focus auf andere werte habe ... ivanhoe war eigentlich als langzeitinvestment gedacht.

wenn friedland da wirklich was verkauft, dann hege ich auch die hoffnung, dass einiges von dem Geld in Exco fließen könnte .... schön wäre es zumindest

zur performance von ivanhoe brauche ich ohnedies nichts dazusagen ... einfach zurücklehen und genießen ...

[newefra]

es ist nun mal so:
die schönsten Blumen blühen nicht auf den Wiesen auf denen alle rumtrampeln, sondern in stillen versteckten Ecken.

GLTA
newefra



Ivanhoe Mines Ltd. (IVN) reached a new 52-week high on Wednesday of $16.92 up 190% since NIA suggested it on April 15th at $5.84. NIA said on April 15th last year that IVN, "has the potential to become one of the biggest gold winners that we ever come across".
Commodity Online

[newefra]

interessante Randnotiz, die auch für den Wert der Kohle-Assets von Ivanhoe in der Mongolei erheblich ist.

China's surging demand for steel this year is expected to dominate the landscape of the steel industry as never before.
Already the world's largest producer by far, the country is expected to rev up production by nearly 10%. But the higher output likely won't exceed demand, pushing prices higher world-wide for steel, its raw materials and even coal.


newefra

[newefra]

Jan 11, 2010 12:21:00 PM MST
Ivanhoe coal subsidiary SouthGobi Energy plans global offering of common shares (SouthGobi-Energy)



HONG KONG _ SouthGobi Energy Resources Ltd. (TSX:SGQ), a publicly traded subsidiary of Ivanhoe Mines (TSX:IVN), outlined plans Monday for a stock offering to fund development of its Mongolian coal mine and related infrastructure.

The 27 million shares that SouthGobi would offer, not counting underwriters´ options, would be worth more than C$513 million based on the Monday trading price of the stock on the Toronto Stock Exchange, where they´re listed.

The company didn´t announce a pricing for the shares.

SouthGobi said the cash raised by the stock offering would be used to fund development of its Ovoot Tolgoi open-pit coal mine in Mongolia and for road and rail infrastructure linking the mine to China.

SouthGobi secured US$500 million in debt finnacing last October from China´s sovereign wealth fund and Ivanhoe announced last week that it was examinng various strategic options, including the potential sale of subsidiaries.

Among Ivanhoe´s advisers is Citi´s global investment banking unit. SouthGobi said the stock offering would be managed by a Citigroup company in partnership with an arm of the Australia-based Macquarie banking group.

The shares would be offered both in Canada, where the SouthGobi has its headquarters and internationally. SouthGobi is also applying for a listing on the Hong Kong stock Exchange.

SouthGobi shares traded Monday at C$19.15 on the Toronto Stock Exchange, down 85 cents from the previous close. Ivanhoe shares gained 17 cents to C$18.

Read more: http://www.oilweek.com/news.asp?ID=26026#ixzz0cT4dml5e

[newefra]

ÜBERNAHMESPEKULATION

jetzt wird es richtig spannend. Zurücklehnen und dem Bietergefecht zwischen den (staatlichen) chinesischen Investoren, den Indern und Rio Tinto zusehen.


UPDATE: Chinese, Indian Interests Eye Friedland's Ivanhoe Stake -Sources
14.01.10 12:43:00- APIN
DOW JONES NEWSWIRES
HONG KONG -(Dow Jones)- Dealmaker Robert Friedland has put his 23% stake in Ivanhoe Mines Ltd. (IVN) up for sale, drawing expressions of interest "from Chinese and Indian interests," in what could result in a change of control of the Vancouver-based mineral development company, people familiar with the deal said.
Friedland's stake sale is likely to trigger a general offer for the rest of the company, whose Toronto-listed shares rose almost 400% in the past 12 months.
One of the people said the potential Chinese and Indian bidders value the company at more than US$5 billion. Based on its Wednesday close of C$17.64 a share, Ivanhoe has a market capitalization of C$7.5 billion (US$7.3 billion).
China's sovereign-wealth fund, China Investment Corp., is one of the Chinese investors that have shown interest, the person said.
Chinese energy companies that have the backing of state loans are also strong candidates, he said. CIC declined to comment.
Ivanhoe Mines said last week it had hired financial advisers to evaluate options to enhance shareholder value, as it faces costs of more than $2 billion to develop its Oyu Tolgoi copper and gold mine in Mongolia.
"Friedland is looking to sell his whole stake," the person said. The person said, however, that Rio Tinto PLC (RTP), which has a 19.7% stake in Ivanhoe, would have the first option to buy Ivanhoe. Under its existing agreement with Ivanhoe, Rio Tinto has the option to raise its stake in the company to as much
as 46.6%.
Another person familiar with the situation said that Rio Tinto has the right to match any offer for Ivanhoe, and also has the first right of refusal on any bid for the firm.
A Rio Tinto spokesman in London declined to comment on "speculation" related to Ivanhoe.
"Friedland is looking to cash out of some Mongolian positions both with Ivanhoe and SouthGobi," the second person said.
SouthGobi Energy Resources Ltd. (SGQ.T), which is 79% owned by Ivanhoe, is currently seeking US$462 million from a Hong Kong initial public offering, according to term sheet seen by Dow Jones Newswires. China's CIC and Singapore's Temasek Holdings Pte. Ltd. have already each pledged to subscribe to US$50 million worth of shares in the IPO of SouthGobi, the largest coal producer in Mongolia in terms of export sales. SouthGobi is looking to list in
Hong Kong on Jan. 29.
Friedland is Ivanhoe's largest individual stockholder. He made his fortune selling his last mining venture, Voisey's Bay, to Inco Ltd.
In its statement last week, Ivanhoe said it will look at debt and equity offerings, a credit facility, a sale of subsidiaries, equity investments, project financing or other corporate transactions.
Ivanhoe has hired global investment-banking firm Citigroup Inc. (C) and Hatch Corporate Finance, a London-based mining-industry adviser, to advise it on its options.


GLTA
newefra

[nitzer100]

Antwort auf Beitrag Nr.: 38.735.657 von newefra am 14.01.10 14:16:43

Nach Bietergefecht sieht es heute leider nicht aus, hoffe es kommt noch in Schwung!

[nitzer100]

Antwort auf Beitrag Nr.: 38.739.574 von nitzer100 am 14.01.10 20:57:20

Neuester Beitrag:

Beim kanadischen Bergbaukonzern Ivanhoe wird es möglicherweise zu einer Verschiebung der Kontrollverhältnisse kommen. Robert Friedland habe seinen Anteil von 23% an der Ivanhoe Mines Ltd zum Verkauf gestellt, sagten mit der Angelegenheit vertraute Personen. Einer Person zufolge bewerten die potenziellen Gebote aus China und Indien den Konzern mit mehr als 5 Mrd USD. Allerdings habe die britisch-australische Rio Tinto plc aufgrund eines Investitionsabkommens mit Ivanhoe ein Vorkaufsrecht bei dem Konzern aus Vancouver.

[newefra]

Antwort auf Beitrag Nr.: 38.739.574 von nitzer100 am 14.01.10 20:57:20

na so schnell wird das nicht gehen.
nichts genaues weiss man ja noch nicht.
Das wird wohl Wochen/Monate dauern.

Schaut man sich das Volumen an, sieht man dass gerade mal 2 Promille der shares gehandelt wurden.

newefra

[newefra]

doch wieder nur ein Börsengerücht.
Robert Friedland dementiert dass er die Absicht habe seine Anteile zu verkaufen.

2nd UPDATE: Ivanhoe Investor Says Stake Isn't Up For Sale
14.01.10 23:42:00- APIN
DOW JONES NEWSWIRES
HONG KONG --(Dow Jones)- Ivanhoe Mines Ltd.'s (IVN) biggest shareholder Robert Friedland said Thursday he hasn't put his stake in the Vancouver company up for sale.
People familiar with the situation said that Robert Friedland, the firm's executive chairman, was seeking to sell his 23% stake as the company looks to finance development of a giant copper and gold deposit in Mongolia. Ivanhoe has a market capitalization of about 7.5 billion Canadian dollars, or
roughly $7.1 billion, based on Thursday's closing share price. That values Friedland's stake at about $1.7 billion. Ivanhoe's stock price has jumped about five-fold in the past 12 months, boosted by Ivanhoe's agreement last October to develop the Oyu Tolgoi mine in Mongolia.
Ivanhoe said last week that it hired Citigroup Inc. (C) and Hatch Corporate Finance, a London-based mining-industry adviser, to explore its financinoptions. The company faces costs of more than $2 billion to develop the Oyu Tolgoi project.
Ivanhoe reiterated Thursday in a press release that the two firms are helping the mining company evaluate a range of options, including potential debt and equity offerings, a credit facility, the sale of subsidiaries, equity investments and project financing, among others.
"However, Mr. Friedland said that no specific transaction is being considered at this time," Ivanhoe said in the release.
According to one person familiar with the matter, though, Friedland's stake has been shopped to Chinese sovereign-wealth fund, China Investment Corp. A spokesman for Friedland denied that "his interest has been shopped to CIC."
The fund has the wherewithal to invest in Oyu Tolgoi's development, and China is hungry for natural resources to fuel its growth. But the fund's level of interest wasn't known and bankers often present the fund with investment opportunities it doesn't pursue. A representative for the fund declined to comment.
State-backed Chinese energy companies also could be potential buyers for the stake, one of the people familiar with the situation said.
Anglo-Australian mining company Rio Tinto (RIO.AU, RIO.LN), a partner in the Oyu Tolgoi project, owns 19.7% of Ivanhoe and can raise its stake to as much as 46.6% under the companies' financing agreement. Rio Tinto has a right of first refusal to purchase any shares Friedland chooses to sell, according to the 2006
press release announcing the relationship.
Purchasing Friedland's stake could force Rio to make an offer for the rest of the company and Rio presumably would welcome a well-heeled partner such as China. A Rio Tinto spokesman in London declined to comment on the Ivanhoe stake.
SouthGobi Energy Resources Ltd. (SGQ.T), a coal company of which Ivanhoe owns 79%, is seeking US$462 million from an initial public offering of shares in Hong Kong late this month, according to a term sheet. China Investment Corp. and Singapore's Temasek Holdings Pte. Ltd. each has pledged to purchase US$50 million in shares of SouthGobi, the largest exporter of coal from Mongolia.
Shares of Ivanhoe fell 2.4% to close at $16.76 Thursday in New York.

newefra

[newefra]

das ist schon peinlich für Dow Jones:


Dow Jones Story Falsely Claims That Executive Chairman Robert Friedland is Seeking to Sell His Stake in Ivanhoe Mines

11:15 AM ET, January 14, 2010

SINGAPORE, SINGAPORE, Jan 14, 2010 (MARKETWIRE via COMTEX) -- Ivanhoe Mines (IVN)(US:IVN)(US:IVN) Executive Chairman Robert Friedland said today that there is no truth to a story distributed today by the Dow Jones news service alleging that he is conducting a sale of his 23% founder's stake in Ivanhoe Mines Ltd.

"I am surprised that the Dow Jones organization would publish an imaginary story using only anonymous sources and making no effort whatsoever to contact me to establish whether or not the story was true. This story is false. Dow Jones should publicly correct the record that it has created today, to the concern of Ivanhoe Mines' shareholders."

Mr. Friedland announced last week that Ivanhoe Mines had retained leading global investment banking firm Citi and independent mining-sector specialist Hatch Corporate Finance to evaluate and advise the company on a range of strategic options to further enhance shareholder value.

Citi and Hatch are assisting Ivanhoe's management to evaluate a range of options during coming months. Options include, but are not limited to, potential equity/debt offerings, a credit facility, the sale of subsidiaries, equity investments, project financing and/or various corporate transactions. However, Mr. Friedland said that no specific transaction is being considered at this time.

[newefra]

Dow Jones hat die Behauptung zurückgenommen, dass Robert Friedland seine Anteile an Ivanhoe verkaufen wolle.

Dow Jones corrects news record on Robert Friedland
Statement by Robert M. Friedland, Executive Chairman, Ivanhoe Mines Ltd.
SINGAPORE – I accept the unqualified correction published today by Dow Jones Newswires that helps to set straight the public record on my ownership of shares in Ivanhoe Mines Ltd.
The correction, headlined “Ivanhoe Investor Says Stake Isn’t Up For Sale,” acknowledges that earlier Dow Jones news reports had incorrectly stated that I was seeking to sell my 23% founder’s stake in Ivanhoe Mines and also had incorrectly stated that my stake had been “shopped” to a Chinese sovereign-wealth fund.
The record should be perfectly clear. I have never offered my Ivanhoe Mines shares for sale to anybody, in any context – and nobody has been authorized to make such an offer on my behalf. I am not considering unsolicited offers for my Ivanhoe shares. The allegation that I would put my personal interest ahead of the company’s at this important stage of our development was false and repugnant.
Following publication of the original, incorrect Dow Jones stories on January 14, and following the distribution of the denial that I was obliged to issue to attempt to counter the false information, investors rightly were questioning the motives of the unnamed, purported sources of information cited by Dow Jones and why they were being given credibility and anonymity by Dow Jones.
It bears noting that all of this damaging misinformation could have been avoided if Dow Jones had made the effort to thoroughly check the accuracy of its information before publishing its incorrect original story.
Information contacts
Investors: Bill Trenaman +1.604.688.5755 / Media: Bob Williamson +1.604.688.5755
Website: www.ivanhoemines.com

[newefra]

PRESS RELEASE: Ivanhoe Mines Marks Five Years on New York Stock Exchange by Ringing Opening Bell to Launch Trading Today
19.01.10 17:30:39- DJPN
NEW YORK, NEW YORK--(Marketwire - Jan. 19, 2010) - Ivanhoe Mines Ltd. (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) marked five successful years of trading on the New York Stock Exchange (NYSE) today when Executive Chairman Robert Friedland rang the opening bell in a traditional ceremony signalling the start of daily trading.
Mr. Friedland was joined on the bell podium by guests and executives who included Sangajav Bayartsogt, Mongolia's Minister of Finance; Andrew Harding, Chief Executive of Copper for Rio Tinto; Lawrence Leibowitz, Group Executive Vice President of NYSE Euronext; John Macken, CEO and President of Ivanhoe Mines; Peter Meredith, Deputy Chairman of Ivanhoe Mines; and former Massachusetts Governor Bill Weld, a Senior Adviser to Ivanhoe Mines.
Mr. Friedland said that during the past five years Ivanhoe Mines has emerged as a significant developer of mineral projects in the Asia Pacific region.
"Ivanhoe and its strategic partner, Rio Tinto, are building one of the world's largest copper-gold mines at Oyu Tolgoi, in Mongolia, and have signed a landmark Investment Agreement with the Mongolian Government. SouthGobi Energy Resources, a subsidiary, is exporting high-quality coal to China from its first mine in Mongolia and another subsidiary, Ivanhoe Australia, has discovered the world's highest-grade direct source of rhenium and molybdenum."
Mr. Friedland said investors have gained a broader appreciation of
opportunities in Asia in recent years. "North American capital markets have played an essential role in financing the exploration and development of our projects in Mongolia. Now Mongolia has embarked on a new era of economic and social growth, based on investment in the development of Mongolia's natural resources that hold the promise of unprecedented benefits for present and future generations."
Ivanhoe Mines' shares began trading on the NYSE on January 18, 2005. (A photograph of today's anniversary ceremony is on the company's website:
www.ivanhoemines.com)

newefra

[newefra]

habe den Artikel mal durch den Translator laufen lassen:
selbst der Finanzminister der Mongolei war dabei.

newefra



PRESSE FREIGABE: Ivanhoe feiert fünf Jahre an der Börse von New York durch die Eröffnungsglocke zum börsenstart
19.01.10 17:30: 39 - DJPN
NEW YORK, NEW YORK--(Marketwire - 19. Januar 2010) - Ivanhoe Mines Ltd. (TSX: IVN) (NYSE: IVN) (NASDAQ: IVN) feiert fünf erfolgreiche Jahre an der Börse von New York heute (NYSE, als Executivvorsitzender Robert Friedland die Öffnungsglocke in einer traditionellen Zeremonie schellte, die den Anfang des täglichen Handels signalisiert.
Herr Friedland wurde auf dem Glockenpodium von den Gästen und von den Exekutiven begleitet, Finanzminister der Mongolei Sangajav Bayartsogt, Andrew Harding, Hauptgeschäftsführer Kupfer für Rio Tinto; Lawrence Leibowitz, gruppen Executivvizepräsidenten von NYSE Euronext; John Macken, CEO und Präsident von Ivanhoe Mines; Peter Meredith, stellvertretender Vorsitzender von Ivanhoe Mines; und der ehemalige Massachusetts-Gouverneur-Bill-Schweißung, ein älterer Berater zu Ivanhoe gewinnt.
Herr Friedland sagte, dass das während der letzten fünf Jahre Ivanhoe Mines als bedeutender Entwickler von Mineralprojekten in der Asia- Pacificregion aufgetaucht ist.
„Ivanhoe und sein strategischer Partner, Rio Tinto, errichten eins der größten Bergwerke das Kupfererz der Welt bei Oyu Tolgoi, in Mongolei und haben eine Markstein Investitions-Vereinbarung mit der mongolischen Regierung unterzeichnet. SouthGobi Energiequellen, eine Tochtergesellschaft, exportiert hochwertige Kohle nach China von seinem ersten Bergwerk in Mongolei und eine andere Tochtergesellschaft, Ivanhoe Australien, hat entdeckt die hochwertigste direkte Quelle der Welt des Rheniums und des Molybdäns.“
Herr Friedland sagte, dass Investoren eine breitere Anerkennung von gewonnen haben
Gelegenheiten in Asien in den letzten Jahren. „Nordamerikanische Kapitalmärkte haben eine wesentliche Rolle gespielt, wenn sie die Erforschung und die Entwicklung unserer Projekte in Mongolei finanzierten. Jetzt hat Mongolei mit einer neuen Ära des Wirtschafts- und Sozialwachstums begonnen, basiert auf Investition in der Entwicklung von Mongolei Naturressourcen, die halten das Versprechen des beispiellosen Nutzens für gegenwärtige und Generationen.“
Die Anteile Ivanhoe Bergwerke fingen an, auf NYSE am 18. Januar 2005 zu handeln. (A-Fotografie der heutigen Jahrestagszeremonie ist auf der Website der Firma:
www.ivanhoemines.com)

[nitzer100]

Antwort auf Beitrag Nr.: 38.772.630 von newefra am 20.01.10 13:16:11

Das ist ja wieder heute ein hin und her!
Weiß jemand ob es schon Analystenmeinungen gibt zwecks dem Kursziel?

[newefra]

hab mal einfach Geduld und lass dich im Laufe des Jahres überraschen.

newefra



DJ Chinalco prüft Kupfer Investitionen - Reuters
26.01.10 09:18: 38 - APIN

LONDON (Dow Jones)--Aluminum Corp. von China Ltd. (ACH), alias
Chinalco, betrachtet mögliche günstige Investitionsmöglichkeiten bei Kupfer, berichtete Reuters Montag.

Firmavizepräsidenten Lu Youqing, Reuters zitierend, sagte, dass Chinalco größeres Wachstumspotenzial für das Basis Metall in China als Aluminium sieht.
Lu lehnte es ab, zu sagen, wie viel die Firma investieren würde, obwohl sie einige Überseegünstige Möglichkeiten der Anlage einschließlich Ivanhoe Mines Ltd.'s 's (IVN) Oyu Tolgoi Kupfergoldprojekt in der Mongolei betrachtet, Reuters berichtete.

Website: www.reuters.com


DJ Chinalco Eyes Copper Investments - Reuters
26.01.10 09:18:38- APIN

LONDON (Dow Jones)--Aluminum Corp. of China Ltd. (ACH), also known as Chinalco, is looking at potential investment opportunities in copper, Reuters reported Monday.
Citing company Vice President Lu Youqing, Reuters said Chinalco sees greater growth potential for the base metal in China than aluminum.
Lu declined to say how much the company would invest, though it is looking at several overseas investment opportunities including Ivanhoe Mines Ltd.'s (IVN) Oyu Tolgoi copper-gold project in Mongolia, Reuters reported.
Web site: www.reuters.com

[nitzer100]

Antwort auf Beitrag Nr.: 38.812.149 von newefra am 26.01.10 12:03:42

Hat irgendjemand eine Ahnung oder was gelesen, wiso ivanhoe so nach unten stürzt?

[newefra]

Antwort auf Beitrag Nr.: 38.854.925 von nitzer100 am 01.02.10 14:25:25

wieso? geht doch wieder nach oben.
Börse ist halt keine Einbahnstrasse wo es immer nur in eine Richtung geht.
Sei mal nicht so ungeduldig und warte bis in der Mongolei der Winter vorüber ist.

GL

newefra

[newefra]

Antwort auf Beitrag Nr.: 38.854.925 von nitzer100 am 01.02.10 14:25:25

und dann schau mal auf das Volumen gestern.
Wie bei EGT, enormer Sprung mit nur einem Promille des Bestandes.

GLTA
newefra

[maxi1010]

Antwort auf Beitrag Nr.: 38.859.546 von newefra am 02.02.10 06:48:49

die 11% gestern waren ziemlich eindrucksvoll ...

[nitzer100]

Antwort auf Beitrag Nr.: 38.862.358 von maxi1010 am 02.02.10 13:23:39

Das vorgestern gut nach oben gegangen ist, war wohl nur ein Strohfeuer. Goldkurs drückt natürlich, aber so....
Mal sehen ob an dieser neuesten Nachricht was dran ist:
Rio Tinto – Co. could be interested in buying Ivanhoe Mines. The report noted that Ivanhoe Mines was valued at over USD 7bln. (Australian Financial Review)

[newefra]

DJ-mongolischer Minister: Oyu Tolgoi Projekt kostet wahrscheinlich $5 Milliarden 08.02.10 08:53: 24 - APIN

ULAANBAATAR (Dow Jones)--Die mongolische Regierung erwartet dass das Oyu Tolgoi Bergbauprojekt etwa US$5 Milliarden kostet, sagte Bergbauminister Dashdorj Zorigt Montag.
Von dieser Menge ist US$1 Milliarde investiert worden, sagte er.
Eine Durchführbarkeitsanalyse, die den allgemeinen Rahmen für das Projekt für fünf bis zehn Jahre stellt, wird bald abgeschlossen.
Das Oyu Tolgoi Bergbauabkommen wurde letztes Jahr mit Kanadas Ivanhoe Mines Ltd. (IVN), mit Teilnahme von Rio Tinto PLC unterzeichnet (RTP). Das Bergwerk hat bereits für einige Jahre funktioniert und die Mongolei erwartet, US$100 Million bis US$150 Milionen Steuern vom Projekt zu erhalten dieses Jahr, sagte er.
Ein Projektbudget für das folgende genau beobachtet Bergbauprojekt, Tavan Tolgoi, wird zu Beginn der Frühlingssitzung des mongolischen Parlaments erwartet.


DJ Mongolian Minister: Oyu Tolgoi Project Cost Likely $5 Billion
08.02.10 08:53:24- APIN

ULAANBAATAR (Dow Jones)--The Mongolian government expects the Oyu Tolgoi mining project to cost about US$5 billion, mining minister Dashdorj Zorigt said Monday.
Of that amount, US$1 billion has been invested, he said.
A feasibility study which will provide the general framework for the project for at least the next five to ten years is being carried out, he said, adding it's scheduled to be completed soon.
The landmark Oyu Tolgoi mining deal was signed last year with Canada-based Ivanhoe Mines Ltd. (IVN), with participation from Rio Tinto PLC (RTP). The mine has already been operating for a couple years and Mongolia is expected to get US$100 million to US$150 million in prepaid taxes from the project this year, he said.
A projected budget for the next closely-watched mining project, Tavan Tolgoi, is expected at the beginning of the spring session of the Mongolian parliament.

[maxi1010]

Antwort auf Beitrag Nr.: 38.900.750 von newefra am 08.02.10 09:04:38

klings ja schon ganz schön konkret, wenn heuer noch steuereinnahme fließen sollen ....

[newefra]

gut dass Ivanhoe und Entrée da schon drinsitzen. Der Wettbewerb um diese Resourcen unmittelbar an der chinesischen Grenze nimmt zu.

newefra



ULAN-BATOR, Mongolei (Dow Jones)--Der Mongolische Premierminister Batbold Sukhbaatar sagte, dass er vollen Besitz der Kohleminen in Regierungshänden halten möchte, d.h. möglicherweise ein restriktiver Zugang zu einer Resource, die großes Interesse von westlichen Bergbaugesellschaften geweckt hatte.

Mit Reportern sprechend am ersten Mongolei-wirtschaftlichen Forum, sagte Herr Batbold, dass er das Behalten von Tavan Tolgoi bevorzugt, eine enorme kohle Ablagerung, unter vollem Regierungsbesitz. Besitz anderer Vorkommen als Tavan Tolgoi würde von Fall zu Fall entschieden,“ sagte er.


ULAN BATOR, Mongolia (Dow Jones)--Mongolian Prime Minister Batbold Sukhbaatar said he wants to keep full ownership of a key coal asset in government hands, potentially restricting access to a source that had drawn strong interest from Western mining companies.
Speaking to reporters at the first Mongolia Economic Forum, Mr. Batbold said he favors keeping Tavan Tolgoi, a huge coking-coal deposit, under full government ownership. Ownership of key deposits other than Tavan Tolgoi would be decided on a "case-by-case basis," he said.

[newefra]

Antwort auf Beitrag Nr.: 38.907.461 von newefra am 09.02.10 07:45:00

noch eine Korrektur zu der letzten Meldung. Der Abbau hat natürlich noch nicht begonnen. Es hat über neun Jahre für die Erschliessung und Genehmigung gebraucht. Es ist richtig, die Mongolei rechnet schon in diesem Jahr mit 100 bis 150 Mio$ Steuereinnahmen. Mit Tavan Tolgoi wird das nächste Projekt in Angriff genommen.

GLTA
newefra


CORRECT(2/8): Mongolian Minister: Oyu Tolgoi Project Cost Likely $5 Billion
11.02.10 06:07:00- APIN
("Mongolian Minister: Oyu Tolgoi Project Cost Likely $5 Billion," published Monday at 0753 GMT, misstated Oyu Tolgoi has been in operations for a couple years. The project has been in exploration and development for over nine years, but isn't yet an operating mine. The correct version follows.)
ULAN BATOR -(Dow Jones)- The Mongolian government expects the Oyu Tolgoi mining project to cost about US$5 billion, mining minister Dashdorj Zorigt said Monday. Of that amount, US$1 billion has been invested, he said.
A feasibility study which will provide the general framework for the project for at least the next five to 10 years is being carried out, he said, adding it Is scheduled to be completed soon.
The landmark Oyu Tolgoi mining deal was signed last year with Canada-based Ivanhoe Mines Ltd. (IVN), with participation from Rio Tinto PLC (RTP). Mongolia is expected to get US$100 million to US$150 million in prepaid taxes from the project this year, he said. A projected budget for the next closely watched mining project, Tavan Tolgoi, is expected at the beginning of the spring session of the Mongolian parliament.

[nitzer100]

Antwort auf Beitrag Nr.: 38.922.687 von newefra am 11.02.10 06:57:33

Gemäß Angaben des World Gold Council hätten europäische Zentralbanken seit September lediglich 1,6 Tonnen Gold verkauft. Damit könnten bis Ende September 2010 noch 398,4 Tonnen Gold im Rahmen des Zentralbankgoldabkommen (CBGA) veräußert werden. In dieses Verkaufslimit würden auch die geplanten Goldverkäufe des IWF über den Markt fallen. Der IWF habe letzte Woche bekannt gegeben, mit dem Verkauf der verbliebenen 191,3 Tonnen Gold beginnen zu wollen. Dies könnte dazu führen, dass die Verkäufe innerhalb des CBGA in diesem Jahr höher ausfallen würden. Im letzten Jahr seien es lediglich 150 Tonnen gewesen.

Abgesehen vom IWF bleibe jedoch die Bereitschaft des offiziellen Sektors gering, sich von Gold zu trennen. Gold werde von den Zentralbanken mehr und mehr als eine Versicherung und Reservewährung angesehen. Unterdessen werde die China Gold Association mit der Aussage zitiert, dass China nicht als Käufer des IWF-Goldes infrage komme und stattdessen Goldminen im Ausland erwerben wolle, um die Reserven aufzustocken. (24.02.2010/ac/a/m)


Gut für Ivanhoe

[newefra]

Antwort auf Beitrag Nr.: 39.003.478 von nitzer100 am 24.02.10 16:31:23

Gut für Ivanhoe

richtig, gilt aber noch mehr für Entrée Gold an denen IVN ebenfalls beteiligt ist.

Gruss

newefra

[newefra]

Rio Tinto erhöht Anteil an Ivanhoe auf 22,4%.
Es geht weiter, der Winter in der Mongolei geht zu Ende.

newefra


PRESS RELEASE: Rio Tinto Increases Ownership in Ivanhoe Mines to 22.4% with US$232 Million Purchase of Shares
01.03.10 14:16:09- DJPN

Proceeds to be used by Ivanhoe to acquire critical mining and milling equipmentfor the Oyu Tolgoi copper-gold complex in Mongolia
LONDON, ENGLAND--(Marketwire - March 1, 2010) - Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), and John Macken,President and Chief Executive Officer, announced today that the company has entered into an agreement to issue 15 million common shares to Rio Tinto at
CDN$16.31 per share, for net proceeds of CDN$244.7 million (US$232.4 million(i)).
Ivanhoe Mines will use the proceeds to purchase from Rio Tinto key mining and milling equipment to be installed during the construction of the Oyu Tolgoi copper-gold mining complex in Mongolia. The equipment includes principal components for the 100,000-tonne-per-day Oyu Tolgoi phase-one copper-gold concentrator, including two large, 38-foot-diameter, semi-autogenous grinding (SAG) mills, four ball mills,
re-grind mills, crushers, motors, gearless drives, conveyors and flotation cells. Also included is the hoist and major components for the sinking of Shaft #2 - the 10-metre-diameter, main production shaft for the underground block-cave mine at the Hugo North Deposit.
Much of the equipment originally was ordered by Ivanhoe Mines from various manufacturers while it was waiting for an Investment Agreement with the Government of Mongolia. Ivanhoe subsequently transferred ownership of the equipment to strategic partner Rio Tinto in August 2008 under an agreement between the companies. Additional equipment also was acquired by Rio Tinto directly from suppliers. At the time, Ivanhoe required funds for the ongoing
development of the Oyu Tolgoi Project. The equipment-sale agreement with Rio Tinto ensured that the procurement and delivery schedules for the critical, long lead time major mining and milling equipment were protected while Ivanhoe and Rio Tinto worked with the Mongolian Government to conclude the
mutually-acceptable, long-term Investment Agreement that was executed in October 2009.
"We are positioning Ivanhoe Mines and our strategic shareholder, Rio Tinto, to begin full-scale construction of the Oyu Tolgoi Mine as we approach the start of the construction season in Mongolia and the completion of all conditions precedent to the approved Oyu Tolgoi Investment Agreement that we signed with the Mongolian Government last October," Mr. Friedland said.
"The joint Ivanhoe Mines-Rio Tinto Oyu Tolgoi Technical Committee has conditionally approved a US$758 million budget for 2010 that includes Ivanhoe's repurchase from Rio Tinto of major items of mining and milling equipment. Acquisition of the equipment is another significant step in building one of the world's largest copper-gold mines. Having this equipment available now, rather
than being forced to wait behind competitors in a delivery queue, is vital to our plan to begin commercial production from Oyu Tolgoi in 2013."
With this transaction, Rio Tinto has increased its ownership in Ivanhoe Mines from 19.6% to 22.4%. The transaction is subject to the approval of the Toronto Stock Exchange. Rio Tinto holds rights to subscribe for common shares from Ivanhoe's treasury and also to make purchases on the open market that could increase Rio Tinto's stake in Ivanhoe to up to 46.6% during the next 19 months.
Ivanhoe's consolidated cash position currently is approximately US$1.3 billion.
About Ivanhoe Mines
Ivanhoe Mines is an international mining company with operations focused in the Asia Pacific region. Ivanhoe's core assets include its world-scale Oyu Tolgoi copper and gold mine development project in southern Mongolia.
Ivanhoe Mines' other core assets are its 65% interest in Mongolian coal miner SouthGobi Energy Resources (TSX:SGQ); its 81% interest in Ivanhoe Australia (ASX:IVA), a copper-gold-uranium-molybdenum-rhenium exploration and development company; and its 49% interest in Altynalmas Gold Ltd., a private company developing the Bakyrchik and the Bolshevik gold mining projects in Kazakhstan.
Ivanhoe Mines' shares are listed on the New York, NASDAQ and Toronto stock exchanges under the symbol IVN.
(i) US$ equivalent of $232.4 million based on Bank of Canada noon rate on February 26, 2010.

[nitzer100]

Antwort auf Beitrag Nr.: 39.033.067 von newefra am 01.03.10 14:53:36

Das verstehe wer will, super Meldungen, der Goldpreis steigt, Rio Tinto über 40 Euro, und Ivanhoe schwächelt.....
Was für Meldungen braucht die Aktie noch?

[newefra]

Antwort auf Beitrag Nr.: 39.052.236 von nitzer100 am 03.03.10 18:00:12

+ 50% in 6 Monaten und das nennst du schwächeln???




newefra

[nitzer100]

Antwort auf Beitrag Nr.: 39.052.402 von newefra am 03.03.10 18:16:10

Das meine ich nicht, ich meine gestern und heute, müsste eigentlich langsam die 17 Kanadische Dollar knacken... bei dem positiven Umfeld.

[newefra]

Antwort auf Beitrag Nr.: 39.052.616 von nitzer100 am 03.03.10 18:40:33

nur Geduld, spätestens bringt´s der Osterhase

newefra

[maxi1010]

Antwort auf Beitrag Nr.: 39.053.883 von newefra am 03.03.10 21:05:06

immer diese unzufriedenheit - ich bin mit der entwicklung der aktie in den letzten monaten auch sehr zufrieden .....

[nitzer100]

Antwort auf Beitrag Nr.: 39.080.300 von maxi1010 am 07.03.10 21:42:56

Typisch FED, der Goldpreis geht tagsüber hoch, und am Nachmittag, wo die Börse in USA wieder losgeht, wieder runter und das seit ein paar Tagen und wenn der Euro zulegt, dann müsste Gold normalerweise mit ansteigen, tut es aber nicht, weil die USA ihren Dollar schützen will, wird der Goldpreis absichtlich wieder runter gedrückt und dadurch auch die Minenaktien, scheiß Spiel....

[SommerSonneSandMeer]

Nach Rio Tinto scheint jetzt der nächste "Big Player" Interesse an dem Projekt zu bekommen, niemand geringeres als Chinalco, der (un)heimliche Rohstoff-Riese aus dem Reich der Mitte...

Hier die News:

Chinalco will Zugriff auf ausländische Rohstoffvorkommen ausbauen

PEKING/MELBOURNE (dpa-AFX) - Der chinesische Aluminiumkonzern Chinalco will
in diesem Jahr seinen Zugriff auf ausländische Rohstoffquellen ausweiten. “Wir
werden einige Durchbrüche erreichen”, sagte Unternehmenschef Xiong Weiping in
einem am Montag veröffentlichten Interview. Konkret nannte er ein Kupferprojekt
des australisch-britischen Bergbaukonzerns Rio Tinto in der
Mongolei, an dem sich Chinalco gern beteiligen würde. China möchte sich mit
seinen Staatsunternehmen über Beteiligungen direkten Zugriff auf Rohstoffe
sichern.

Im vergangenen Jahr war Chinalco damit gescheitert, seine 9,3-prozentige
Beteiligung an Rio Tinto auszubauen. Daraufhin waren die
chinesisch-australischen Beziehungen deutlich abgekühlt. Einem Bericht der
australischen Zeitung “The Age” (Montag) zufolge weist inzwischen ein
offizieller Bericht der chinesischen Regierung die Schuld am Scheitern des
Geschäfts mit Rio Tinto dem eigenen Staatskonzern Chinalco zu. Das Unternehmen
habe zu wenig getan, um die Rio-Aktionäre von seinem 19,5 Milliarden US-Dollar
schweren Angebot zu überzeugen. Stattdessen hatten sich die Anteilseigner für
eine Kapitalerhöhung entschieden und wollen die australischen Erzaktivitäten nun
mit denen des Konkurrenten BHP Billiton
verschmelzen./RX/nl/dct/stw

Ich müsste mich sehr täuschen, wenn es dabei nicht um das Ivanhoe-Projekt geht
SSSM

[maxi1010]

Geht scheinbar (NOCH) nicht um Ivanhoe ... es liegt aber geradezu auf der Hand, dass Chinalco sehr großes Interesse an den Assets in der Mongolie (und damit auch indirekt an Ivanhoe) hat


Knapp ein Jahr nach der geplatzten Milliardeninvestition des chinesischen Staatskonzerns Chinalco bei dem australischen Bergbaugiganten Rio Tinto rücken die beiden Unternehmen womöglich doch noch näher zusammen.

Einem australischen Zeitungsbericht zufolge will Rio gemeinsam mit Chinas größtem Aluminiumkonzern im westafrikanischen Guinea ein Eisenerzprojekt mit geschätzten Kosten von 12 Mrd. Dollar (8,8 Mrd. Euro) in Angriff nehmen.

Die Verhandlungen über ein Gemeinschaftsunternehmen seien im Gange, schrieb die Zeitung "Age" ohne Angabe von Quellen. Sollte das Projekt grünes Licht erhalten, würde Chinalco die nächste Entwicklungsstufe als Senior-Partner in dem Joint Venture finanzieren. Rio-Tinto-Chef Tom Albanese wird am Wochenende in Peking erwartet.

Rio wollte dazu nicht Stellung nehmen und verwies auf jüngste Äußerungen von Albanese. Dieser hatte gesagt, Rio Tinto spreche mit China über mögliche gemeinsame Bergbau-Projekte.

[maxi1010]

Die beiden machen Ernst - momentan geht es dabei nicht um Invanhoe .... wobei sich das Projekt von Ivanhoe in der Mongolei geradezu für so eine Zusammenarbeit anbieten würde ...



Bergbau: Rio Tinto und Chinalco gründen Joint Venture
Der australische Bergbaukonzern Rio Tinto gründet mit dem chinesischen Konkurrenten Chinalco ein Joint Venture für die Gewinnung von Eisenerz im westafrikanischen Guinea.

[newefra]

die Transaktion ist abgeschlossen. Mal sehen wie lange es dauert bis Rio Tinto weiter aufstockt.

newefra


PRESS RELEASE: Ivanhoe Mines Closes US$241 Million Private Placement With Rio Tinto
22.03.10 13:50:21- DJPN
Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), announced today that the company has closed its private placement with Rio Tinto that was announced
on March 1, 2010. As part of the private placement agreement, Ivanhoe Mines has issued 15 million common shares to Rio Tinto at CDN$16.31 per share, for total proceeds of CDN$244.7 million (US$241.1 million equivalent). Ivanhoe Mines has used CDN$198.2 million (US$195.4 million equivalent) of the proceeds to purchase from Rio Tinto key mining and milling equipment for the Oyu Tolgoi copper-gold mining complex in Mongolia. Ivanhoe Mines has received the balance of the proceeds, CDN$46.4 million (US$45.7 million equivalent), which will be used to purchase additional equipment and for general corporate purposes.
The equipment being acquired from Rio Tinto includes principal components for the 100,000-tonne-per-day Oyu Tolgoi phase-one copper-gold concentrator, including two large, 38-foot-diameter, semi-autogenous grinding (SAG) mills, four ball mills, re-grind mills, crushers, motors, gearless drives, conveyors and flotation cells. Also included are the hoist and major components for the
sinking of Shaft #2 - the 10-metre-diameter, main production shaft for the underground block-cave mine at the Hugo North Deposit.
With the completion of this transaction, Rio Tinto has increased its ownership in Ivanhoe Mines from 19.6% to 22.4%. Rio Tinto holds rights to subscribe for common shares from Ivanhoe's treasury and also to make purchases on the open market that could increase Rio Tinto's stake in Ivanhoe to up to 46.6% during
the next 19 months.

[newefra]

Herrschaften, es wird spannend!

newefra



Chinalco Talking To Rio Tinto On Mongolia Copper, Gold Project
23.03.10 07:52:48
SINGAPORE (Dow Jones)--Aluminum Corp. of China, or Chinalco, seeks to developmore global strategic partnerships in the mining sector, and is currently in talks with Anglo-Australian miner Rio Tinto Ltd. (RTP) about the joint development of a massive copper and gold mine in Mongolia, Executive Director Liu Xiangmin said Tuesday. "Chinese enterprises cooperating overseas in resources and energy are an integral part of mining globalization," he said on the sidelines of a mining conference. Liu's comments followed by one day comments made by Rio Tinto Chief Executive Tom Albanese, who expressed regret over a lost opportunity to deepen ties with Chinalco last year and optimism over a joint development deal with the Chinese company to develop an iron ore mine in Guinea. The recent deals between Rio Tinto and Chinalco highlight warming ties between the two mining giants in the wake of Chinalco's failed $19.5 billion bid for equity in the Anglo-Australian miner last February and the arrest in China later last year of Rio Tinto executives on bribery and other charges. The
current round of warming is playing out even as Rio Tinto employees go on trial in a Shanghai court.
With a $15.5 billion investment for around a 9% stake, Chinalco is already the single biggest shareholder in Rio Tinto, which owns a 22.4% stake in Ivanhoe Mines Ltd. (IVN.T), the Canadian company that is developing the Oyu Tolgoi copper and gold project in Mongolia. Rio's Albanese, speaking at the China Development Forum in Beijing, offered to share expertise in future projects to help China mine domestic mineral resources. Liu said Tuesday that the exit of speculative capital and inflation expectations are expected to affect mining operations worldwide--and this could
lead to short-term price fluctuations. However, Chinalco, which currently has daily mining capacity of 100,000 metric tons, is seeking to raise this to 250,000 tons. Liu--vice president at
Chinalco's listed unit, Aluminum Corp. of China Ltd. (ACH), or Chalco--didn't specify the timeframe over which this expansion will be achieved. China is Rio Tinto's largest iron ore buyer. Meanwhile, China has provided Rio
Tinto with important products, including rail cars to transport iron ore from mines to ports, Albanese said Monday. Rio Tinto intends to spend US$400 million on similar ore car purchases from
China, he added.

[newefra]

hier noch die Computerübersetzung:

Chinalco, das mit Rio Tinto über Mongolei-Kupfer, Goldprojekt spricht
23.03.10 07:52: 48 - APIN
SINGAPUR (Dow Jones)--Aluminum Corp. von China oder Chinalco, sucht, globalere strategische Partnerschaften im Bergbausektor zu entwickeln und ist z.Z. im Gespräch mit Anglo-Australischem Bergmann Rio Tinto Ltd. (RTP) über die gemeinsame Entwicklung eines enormen Kupfers und Goldmine in Mongolei, Geschäftsführer Liu Xiangmin sagte Dienstag. „Die chinesischen Unternehmen, die übersee bei den Betriebsmitteln zusammenarbeiten und die Energie ist ein wesentlicher Bestandteil Bergbauglobalisierung,“ sagte er am Rande einer Bergbaukonferenz. Lius Kommentare folgten von den eintägigen Kommentaren, die von Hauptgeschäftsführer Tom Albanese Rio-Tinto gemacht wurden, der Bedauern über einer vergebenen Chance, Bindungen mit Chinalco und Optimismus über einem Abkommen der gemeinsamen Entwicklung mit der chinesischen Firma letztes Jahr zu vertiefen, um eine Eisenerzmine in Guinea zu entwickeln ausdrückte. Die neuen Abkommen zwischen Höhepunkt Rio-Tinto und Chinalco wärmen bindungen zwischen den zwei gewinnenriesen unmittelbar nach verlassenem Chinalcos $19,5 Milliarde bieten für Eigenkapital im Anglo-Australischen Bergmann letzter Februar und die Festnahme in China-später letztem Jahr von Exekutiven Rio-Tinto auf Bestechung und anderer lädt auf. Die Stromrunde der Erwärmung spielt heraus, selbst als Angestellte Rio-Tinto auf Versuch in einem Shanghai-Gericht gehen.
Mit einer Investition $15,5 Milliarde für um eine 9% Anteil, ist Chinalco bereits der einzelne größte Aktionär in Rio Tinto, das einen Anteil von 22,4% in Ivanhoe Mines Ltd. besitzt (IVN.T), die kanadische Firma, die das Oyu Tolgoi Kupfer- und Goldprojekt in Mongolei entwickelt. Rios Albanese, sprechend am China-Entwicklungs-Forum in Peking, bot an, Sachkenntnis in den zukünftigen Projekten zu teilen, um China zu helfen, inländische Bodenschätze zu gewinnen. Liu sagte Dienstag, der der Ausgang des spekulativen Kapitals und der Inflation Erwartungen werden erwartet, um Bergbauoperationen weltweit zu beeinflussen--und dieses konnte zu kurzfristige Preisschwankungen führen.
Jedoch sucht Chinalco, das z.Z. die tägliche Bergbaukapazität von 100.000 metrischen Tonnen hat, dieses zu 250.000 Tonnen anzuheben. Liu--Vizepräsident an Chinalcos registrierter Einheit, Aluminum Corp. von China Ltd. (ACH) oder von Chalco--spezifizierte nicht den Zeitrahmen, über dem diese Expansion erzielt wird.
China ist Eisenerzkäufer Rio-Tintos größter. Unterdessen hat China Rio Tinto mit wichtigen Produkten versehen, einschließlich die Eisenbahnwagen, zum des Eisenerzes von Bergwerke zu Häfen zu transportieren, sagte Albanese Montag. Rio Tinto beabsichtigt, US$400 Million auf ähnlichen Erzautokäufen von China aufzuwenden, er hinzufügte.

[maxi1010]

Antwort auf Beitrag Nr.: 39.194.613 von newefra am 23.03.10 08:31:43

autsch - die übersetzung tut weh!

für unsere Ivanhoe kann die Zusammenarbeit von Rio und Chinalco noch sehr interessant werden!

[newefra]

Ivanhoe Mines To Develop Kyzyl Gold Project In Kazakhstan
24.03.10 22:34:00- DJBN
Ivanhoe Mines Ltd. (IVN) has decided to bring the Kyzyl Gold Project in
Kazakhstan into commercial production "as soon as possible."

The company didn't provide an estimate of the capital costs of the project.

It said it has increased its interest to 50% from 49% in Altynalmas Gold Ltd.,
the company that holds 100% of the Kyzyl Gold Project. Ivanhoe said it and its
Kazakh partner will proceed to advance the project under the Altynalmas Gold
umbrella.

It said it is positioned to "rapidly complete a pre-feasibility study and move
ahead with the full feasibility study" for the Kyzyl Project.

Ivanhoe said David Woodall, president of its gold operations, has been
appointed chief executive of Altynalmas Gold.

"We have retained senior investment-banking advisers and are in detailed
discussions with potential strategic investors, including established
gold-industry players and sovereign-wealth funds that have expressed keen
interest in the development of the Kyzyl Gold Project," Ivanhoe said. "We also
intend to pursue an independent stock-exchange listing for Altynalmas to
facilitate participation by a broad base of investors."

The Kyzyl Project consists of the Bakyrchik Deposit and the nearby Bolshevik
gold deposit. Ivanhoe said a drilling program is underway to support an
updated, independent resource estimate and feasibility studies to secure
project financing.

The company said the Kyzyl gold system consists of "a series of mineralized
lenses, or lodes, lying within a large, 15-kilometer-long shear zone." It said
the geological potential remains untested along 13 kilometers of strike and at
depth.

Ivanhoe's main development project is the Oyu Tolgoi copper-gold property in
Mongolia, which has estimated development costs of $2 billion.

[newefra]

und noch ein sehr positiver Artikel:

newefra


SINGAPORE -(Dow Jones)- Ivanhoe Mines (IVN.T) and Rio Tinto (RIO.AU) are
working to satisfy the remaining conditions set out in an investment agreement
with the Mongolian government for the Oyu Tolgoi copper-gold project, Ivanhoe
CEO Robert Friedland said Thursday at a mining conference.

The agreement is subject to conditions that must be met by April 6, including
the completion of a feasibility study currently under way. Ivanhoe and Rio
Tinto have satisfied 7 of 10 conditions so far and are "working hard" to
satisfy the rest, Friedland said.

Friedland praised Mongolia as an investment destination and described the
current Prime Minister, Sukhbaataryn Batbold, as a "great visionary."

The operators of the Oyu Tolgoi project would leverage Rio Tinto's experience
in helping to develop the Escondida mine in Chile and the Grasberg mine in
Indonesia, two projects which Oyu Tolgoi would come to be compared with, he
said.

"The mining industry has not built an enormous mine like this in 25 years and
there have been enormous improvements in technology during that period,"
Friedland said.

The budget for construction of the project was $758 million this year,
doubling to around $1.5 billion in both 2011 and 2012, he said.

At current prices, there is about $300 billion-$350 billion dollars worth of
copper, gold and other metals "in situ," he said.

"I believe this will ultimately be a tiny fraction of what's there."

Ivanhoe and Rio struck a long-awaited investment agreement with the Mongolian
government in October last year, under which the government will take a 34%
stake in the project.

Friedland was also bullish on the company's coal prospects in Mongolia,
describing the Ovuut Tolgoi coal project, being developed by its subsidiary
SouthGobi Energy Resources, also in Mongolia, as containing the "beluga caviar"
of coal.

[newefra]

und weiter geht´s mit den guten News:

2010 Phase-One Drilling Program Progressing at Ivanhoe Mines' 50%-Owned Kyzyl Gold Project in Northeastern Kazakhstan
29.03.10 13:45:21- DJPN

Results to be used in an updated, independent resource estimate and
pre-feasibility study 86% to 90% breakthrough gold recoveries achieved using
fluidized-bed roasting technology



ALMATY, KAZAKHSTAN--(Marketwire - March 29, 2010) - Robert Friedland, Chairman
of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), and David Woodall, Chief
Executive Officer of Altynalmas Gold Ltd. and President of Ivanhoe Mines' Gold
Division, announced today that Altynalmas Gold has completed more than half of
a current, 39,000-metre, deep-level drilling program at its world-class Kyzyl
Gold Project in northeastern Kazakhstan.



"The drilling program now underway is beginning the process of testing
enormous exploration potential in what Ivanhoe's management considers to be one
of the world's highest-grade and largest undeveloped gold systems," Mr. Woodall
said.



"We now have completed 21,000 metres of our phase-one program. We expect the
results to form the basis for upgrading the Kyzyl Gold Project's current
Indicated resources to reserves as part of a mine plan to be included in an
independent pre-feasibility study being completed by Scott Wilson Roscoe Postle
Associates Inc. of Toronto, Canada."



Ivanhoe Mines owns 50% of Altynalmas Gold, the 100%-owner of the Kyzyl Gold
Project, which includes the Bakyrchik and Bolshevik gold deposits. An
established, privately-owned Kazakh shareholder also owns 50% of Altynalmas.



Mine production targeted for 2013



Following completion of the pre-feasibility study, Altynalmas Gold intends to
proceed with the detailed design of a phase-one, 1.5-million-tonne per year
commercial plant that will treat head grades in the range of nine or more grams
of gold per tonne.



Mr. Woodall said that Altynalmas Gold intends to pursue sufficient financing
arrangements and the necessary regulatory approvals to initiate project
development. Altynalmas is targeting to begin mine construction in 2011, with
production starting in 2013.



In addition, Altynalmas Gold will continue to advance the Kyzyl Gold Project
with a 6,000-metre, near-surface drilling program at the Bakyrchik property in
April to test targets for potential, initial open-pit development. Altynalmas
also plans to continue to delineate extensions of the mineralization along
strike and at depth to follow-up a significant, high-grade gold intercept that
indicates the continuation of the gold mineralization system at depth and along
strike.



Mr. Friedland announced last week that Ivanhoe Mines has retained senior
investment-banking advisers and is in detailed discussions with potential
strategic investors, including established gold-industry players and
sovereign-wealth funds, which have expressed keen interest in the development
of the Kyzyl Gold Project.



Mr. Friedland said Ivanhoe and its private Kazakh partner intend to pursue an
independent stock-exchange listing for Altynalmas to facilitate participation
by a broad base of investors.



Unlocking value with fluidized-bed roasting - a proven solution for optimum
gold recovery



Mr. Woodall said that the key to unlocking the value of the Kyzyl Gold Project
has been the significant advances made in adapting proven roasting technology
and the application of innovative process solutions developed by New
Orleans-based research company Crescent Technology Inc.



"The solutions developed by Crescent Technology evolved through extensive test
work performed during a series of continuous pilot-plant operations at Hazen
Research, Ltd., of Golden Colorado. The testing program has enabled Altynalmas
to achieve gold recoveries of between 86% and 90% from the Bakyrchik ore using
fluidized-bed roasting."



The majority of the gold in the Kyzyl Shear is encapsulated by arsenopyrite
and, to a lesser extent, pyrite. The associated sediments contain up to 4%
carbon, which is burned in the roasting process.



The Kyzyl gold system consists of a series of large mineralized lenses, or
lodes - with a true thickness frequently in excess of 50 metres - lying within
a large, 15-kilometre-long shear zone. The world-class geological potential
remains untested along 13 kilometres of strike and at depth.



Located approximately 100 kilometres southwest of Ust-Kamenogorsk, the
industrial centre of East Kazakhstan, the Kyzyl Project is served by an
established railway and an electricity grid, and also has significant, existing
underground workings, shafts and minesite infrastructure.



Current resource potential of one Kyzyl Project deposit



As part of its ongoing commitment to the Kyzyl Project, Altynalmas Gold has
engaged Scott Wilson Roscoe Postle and Associates (SWRPA) to produce an
independent, NI 43 101-compliant resource estimate for the Bakyrchik Deposit,
one of the two deposits in the Kyzyl Gold Project. The current resource
estimate is providing the input for the ongoing pre-feasibility study being
undertaken by SWRPA.



The current resource estimate is shown in the following table.





ALTYNALMAS GOLD - KYZYL GOLD PROJECT - MARCH 26, 2010

Bakyrchik Mineral Resources



Indicated Resources Inferred Resources

Contained Contained

Tonnes Grade Gold Tonnes Grade Gold


Lens (000) (g/t Au) (ounces) (000) (g/t Au) (ounces)


---------------------------------------------------------------------------

1 5,881 9.13 1,726,000 10,009 9.03 2,907,000

9 2,711 8.20 714,000 677 8.39 183,000

12 152 8.62 42,200 4,537 9.02 1,316,000


Total 8,744 8.83 2,482,200 15,223 9.00 4,406,000



Notes:

1. CIM definitions were followed in the estimation of Mineral Resources.

2. Mineral Resources are estimated within the wireframes constructed at a

cut-off grade of 3 g/t gold.

3. Mineral Resources are estimated using an average long-term gold price of

$1,000 per ounce gold.

4. A minimum true width of 3 metres was used to provide a vertical mining

width of 4 metres.

5. High gold assays were capped at 35 g/t. Assays were capped prior to

compositing.

6. Average bulk density is 2.7 t/m3.

7. Reported Mineral Resources are exclusive of previous underground mining.





Current resource delineation drilling program at the Bakyrchik Mine



The current resource delineation drilling program is intended to upgrade
Inferred Resources into the Indicated category to allow them to be included in
future economic analyses. As a result, there likely will be a significant
increase in the project's Indicated Resources in the near future.



Current drilling to date has been focussed on the middle zone of Lens 1.
Assaying is being completed at an ISO certified laboratory in Vancouver,
Canada.



Ivanhoe Mines will continue to provide updates as the Kyzyl Gold Project
evolves as an important new venture within the company's asset portfolio.



Qualified Person



Disclosures of a scientific or technical nature in this release have been
reviewed by David Woodall, Ivanhoe Mines' President of Gold Operations and a
Qualified Person as defined by National Instrument 43-101.



About Ivanhoe Mines



Ivanhoe Mines is an international mining company with operations focused in
the Asia Pacific region. Ivanhoe's core assets include its world-scale, Oyu
Tolgoi copper-gold mine development project in southern Mongolia.



The company's other core assets are its 65% interest in Mongolian coal miner
SouthGobi Energy Resources (SGQ:TSX & 1878:HK) and an 81% interest in Ivanhoe
Australia (IVA:ASX), a copper-gold-uranium-molybdenum-rhenium exploration and
development company.



Ivanhoe Mines' shares are listed on the New York, NASDAQ and Toronto stock
exchanges under the symbol IVN.

[maxi1010]

täusche ich mich, oder stehen wir kurz vor einem neuen Allzeithoch

[newefra]

aber sicher sehen wir bald ein neues ATH.

newefra


Rio Tinto: Has Go Ahead For Mongolian Copper Mine Project
31.03.10 10:27:11- APIN
LONDON (Dow Jones)--Anglo-Australian miner Rio Tinto PLC (RTP) said Wednesday
that the investment agreement for the $4 billion Mongolian Oyu Tolgoi
copper-gold mine has become binding and the project will now move into its
development phase.

Under the investment agreement, the Mongolian government will own 34% of OT
LLC, the license holder of the Oyu Tolgoi project. The project is being
developed by the mine's owner, Canada-based miner Ivanhoe Mines Ltd (IVN.T) and
Rio Tinto, which holds a 22.4% stake in Ivanhoe and will help develop the
project.

The investment agreement marks an important milestone for the development of
the project and for mining investment in the country, which has some of the
world's largest untapped reserves of coal, copper and other commodities.

Like other mineral-rich but underdeveloped countries, Mongolia has struggled
to attract major investment during the recent global commodity boom because of
an uncertain regulatory environment and efforts to secure mining profits. The
investment agreement includes key terms regarding a stable operational and tax
environment, provisions dealing with the Government's equity participation and
financing arrangements.

A clear framework for taxation and government involvement for Oyu Tolgoi is
expected to pave the way for billions of dollars of future investment.

Rio Tinto said the cost to build and commission the mining complex is expected
to be about $4 billion, though the final projections are yet to be confirmed. A
decision to build a coal-fired power plant for Oyu Tolgoi would require an
additional capital commitment, the miner said.

The mine, located in the South Gobi Desert just north of the Chinese-Mongolian
border, is expected to produce 450,000 metric tons of copper, about 3% of
global supply, and 330,000 troy ounces of gold, with a mine life of 45 years.
Production is expected to start in 2013 and take five years to reach full
output.



Company Web Site: http://www.riotinto.com

[maxi1010]

wenn ich es richti gesehen haben, dann haben wir schon ein neues ATH in überssee

[newefra]

soeben veröffentlicht:


Ivanhoe Mines Announces 2009 Financial Results and Review of Operations


newefra

[newefra]

Ritter Ivanhoe legt den Schutzschild an!

Ivanhoe Mines Adopts Plan to Protect Shareholders' Rights to Be Confirmed at Annual General Meeting May 7, 2010
06.04.10 03:24:34- DJPN

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 5, 2010) - The Board of
Directors of Ivanhoe Mines Ltd. (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today
that it has adopted a shareholders' rights plan (the Plan) to ensure the fair
treatment of all Ivanhoe Mines shareholders during any takeover bid for
Ivanhoe's outstanding common shares, or other transaction that would involve a
change of control.



The Plan is effective immediately, subject to confirmation through a vote of
shareholders at the annual general and special meeting to be held in Vancouver
May 7, 2010.



David Huberman, Ivanhoe Mines' lead independent Director and Chair of the
Corporate Governance Committee, said the Plan is consistent with the company's
objective of enhancing value for shareholders. "The Plan is structured along
the same lines as other shareholders' rights plans that have been adopted by a
number of leading Canadian companies. It is not in response to any specific
initiative by any particular company and is not intended to prevent takeover
bids that treat Ivanhoe Mines shareholders fairly."



The Plan will allow shareholders to properly evaluate and assess a takeover
bid without facing undue pressure or coercion. The Plan provides Ivanhoe's
Board of Directors with additional time to consider any takeover bid and, if
applicable, to explore alternative transactions that would maximize value for
shareholders. It is intended to prevent any shareholders from increasing their
holdings beyond 20% - or in the case of Executive Chairman Robert Friedland and
Rio Tinto, beyond their current or contractually agreed levels - without making
an offer to all other shareholders.



The Plan does not affect the rights of Rio Tinto to increase its present 22.4%
interest in Ivanhoe Mines through the exercise of warrants, a convertible bond
and secondary market purchases during the current, five-year standstill
agreement between Ivanhoe and Rio Tinto that is in effect until October 27,
2011.



Under the terms of the Plan, any bid that meets certain criteria intended to
protect the interests of all shareholders and is supported by the majority of
all non-conflicted shareholders is deemed to be a Permitted Bid and does not
trigger the Rights under the Plan.



Following the unanimous recommendation of Ivanhoe's Corporate Governance
Committee - whose members are all independent of the company's management and
its principal shareholders - the Board of Directors adopted the plan after
determining that its provisions are in the best interests of Ivanhoe, its
shareholders and other stakeholders. Ivanhoe's financial advisers, Citigroup
Global Markets Inc. and independent mining sector specialist Hatch Corporate
Finance, were involved in the preparation of the Plan and agree that the Plan
supports the Board's commitment to value enhancement.



The Toronto Stock Exchange, the New York Stock Exchange and the NASDAQ Stock
Market have accepted notice of the Plan, subject to, among other conditions,
confirmation of the Plan by Ivanhoe's shareholders.

[scheffrocker23]

hi leute
ist ja der wahnsinn der chart!
geile aktie, hammer.
kann mich jemand ganz kurz briefen evtl?
wie hoch sind aktuell die resourcen
in gold
moly
kupfer
kohle?
hab ich was vergessen?
denke die gesamtaussichten bzgl. rohstoffen und konjunktur sind gigantisch
danke und gruß

[scheffrocker23]

Antwort auf Beitrag Nr.: 39.307.485 von scheffrocker23 am 10.04.10 10:45:49

hab ich richtig gelesen, dass die produktion / mine jetzt erst gerade anläuft???

[Qnibert]

Antwort auf Beitrag Nr.: 39.307.485 von scheffrocker23 am 10.04.10 10:45:49

hab ich was vergessen?

Ja, dass Deine Fragen beantwortet würden, wenn Du einfach mal den Thread und die darin enthaltenen Infos lesen würdest. Das bißchen Mühe darf man sich schon noch machen.

Bye, Q

[scheffrocker23]

Antwort auf Beitrag Nr.: 39.307.553 von Qnibert am 10.04.10 11:11:49

ah ok
vielen dank für die freundliche hilfe
sowas schätze ich sehr

[Qnibert]

Antwort auf Beitrag Nr.: 39.311.140 von scheffrocker23 am 11.04.10 19:55:41

gern geschehen

[newefra]

Ivanhoe Mines to release new Integrated Development Plan for Oyu Tolgoi copper-gold project Tuesday, May 11, followed by conference call with senior executives after markets close

Einzelheiten auf der Website.

auf zu neuen Höhen!

newefra

[newefra]

Oyu Tolgoi wird eine der drei grössten Kupfer- und Goldminen der Welt.



Ivanhoe Mines Releases New Integrated Development Plan For Oyu Tolgoi Copper-Gold Mining Complex in Mongolia
11.05.10 13:01:32- DJPN


-- Average annual production estimated at 1.2 billion pounds of copper and

650,000 ounces of gold for the first 10 years



-- Plan declares first underground mineral reserves for Hugo Dummett block-

cave mine



-- Oyu Tolgoi on track to become one of the world's top three copper-gold

mines







A new, independent Integrated Development Plan confirms that Ivanhoe Mines'
Oyu Tolgoi Project in southern Mongolia has the mineral resources to become one
of the world's top three copper-gold producers and an industry model of
responsible, environmentally-sound mineral development, Ivanhoe's Executive
Chairman Robert Friedland and President and Chief Executive Officer John Macken
announced today.



The new plan, IDP-10, is a comprehensive update of the original 2005
Integrated Development Plan and supports Ivanhoe Mines' commitment to advance
Oyu Tolgoi into full construction, with production of copper and gold expected
to begin in 2013.



The Oyu Tolgoi development blueprint contains the first published declaration
of underground reserves for the planned Hugo Dummett block-cave mine. It also
presents the results of extensive studies of two complementary development
scenarios:





1. A Reserve Case, based only on Proven & Probable Mineral Reserves

established to this point in time, which would sustain mining for a

projected 27 years.



2. A Life-of-Mine Sensitivity Case, which adds to the Reserve Case a large

base of resources identified through exploration to date but currently

classified only to the level of Inferred Resources under Canada's

internationally recognized definitions standards. Inferred mineral

resources are considered too speculative geologically to have the

economic considerations applied to them that would allow them to be

categorized as mineral reserves, and there is no certainty that the

Life-of-Mine Sensitivity Case will be realized. The IDP-10 estimates

that the Life-of-Mine Sensitivity Case would sustain mining at Oyu

Tolgoi for a projected 59 years. Part of the ongoing exploration program

at Oyu Tolgoi is directed at upgrading Inferred Resources to higher

classifications, as has been progressively accomplished during the past

nine years of exploration and discovery at the project.







In both cases, the average production at Oyu Tolgoi over the first ten years
would exceed 1.2 billion pounds (544,000 tonnes) of copper and 650,000 ounces
of gold.



IDP-10 independent report prepared by international experts



The 2010 Integrated Development Plan is an independent report commissioned for
the project by Ivanhoe Mines from a team of the world's foremost engineering,
mining and environmental consultants, led by Australia-based AMEC Minproc and
including U.S.-based Stantec Engineering. The complete Plan, a technical report
compliant with Canada's 43-101 reporting standing, will be available on the
SEDAR document retrieval service within 45 days.



The scale of the Oyu Tolgoi project has increased significantly since the
release of the first Integrated Development Plan in 2005. In accordance with
its corporate responsibilities as a public company, Ivanhoe Mines, the
project's controlling shareholder, has commissioned updates that reflect
independent analyses of project economics, increased mineral resources and
reserves and revised valuation estimates. Disclosure of this accumulated
information incorporated in the updated IDP-10 has been triggered by the
completion of the Oyu Tolgoi Investment Agreement, which took full legal effect
on March 31, 2010, which enabled use of the agreement's fiscal provisions in
modelling for the IDP-10.



The IDP-10 was prepared independently of Rio Tinto and the joint Ivanhoe
Mines-Rio Tinto Oyu Tolgoi Technical Committee. The IDP-10 recommends that Oyu
Tolgoi LLC, the Mongolian company that is developing and will operate the
mining complex, conduct a comprehensive review to establish a baseline for the
Project with a goal of improving or optimizing value. The IDP-10 also
recommends that its conclusions be reviewed and analyzed by the joint Technical
Committee to help determine detailed plans for the ongoing implementation of
the Project.



New IDP a green light to launch Oyu Tolgoi construction



Mr. Macken said that the IDP-10, developed within the terms of the Investment
Agreement signed with the Government of Mongolia in October 2009, consolidates
the extensive planning and construction activities that have been conducted as
part of the Oyu Tolgoi Project since the completion of the original IDP in
2005.



"Given the scale of our discoveries and the outstanding economics of this
project, this updated plan gives us the green light we were expecting from this
process to continue proceeding straight into construction and operation of a
world-class mine. The increase in value and the amount of mineral reserve, with
the first inclusion of underground reserves, will support our financing plans
as we begin our drive toward operations at Oyu Tolgoi," Mr. Macken said.



"This 2010 IDP incorporates the thinking of many of the world's leading,
independent authorities on efficient development of natural resources and
best-practice environmental management. The plan is further confirmation that
Oyu Tolgoi will positively and significantly contribute to Mongolia's economic
growth and social development for generations to come."



Mr. Friedland said that the Life-of-Mine Sensitivity Case generates a 95%
increase in potential feed for the ore processing plant over projections in the
2005 IDP. "This case increases estimated copper production by 50%, to 52.5
billion pounds, or 23.8 million tonnes, and increases estimated gold production
by 126%, to 26.4 million ounces, over projections reported in the 2005 IDP.



"Ivanhoe Mines believes that these results will continue to improve and that
Oyu Tolgoi will stand tall with established giants like Grasberg and Escondida
in the pantheon of the world's greatest mines," Mr. Friedland added.



"The tremendous increase in gold production spotlighted in this latest plan is
especially significant in light of the current expectations for the price of
gold.



"We also believe that our current, projected 59-year mine life from the Life
of Mine Sensitivity Case will prove to be very conservative. We have a very
successful record in upgrading resources and recent discoveries have
intersected additional high-grade copper and gold mineralization in new, deep
targets identified at Oyu Tolgoi with the first field application of the
unique, Zeus induced-polarization exploration technology."



Scenario 1: Highlights of the Reserve Case



The Reserve Case sets out the likely path of development for the initial
phases of the Oyu Tolgoi group of deposits (stages 1 through 9 of the open pit
on the Southern Oyu deposits and the first lift, Lift 1, of the Hugo North
Deposit's underground block-cave mine).





-- The first lift of the planned underground block cave on the Hugo North

Deposit contains 437 million tonnes of Probable Reserve at 1.90% copper

and 0.42 grams of gold per tonne - the project's first declaration of an

underground reserve since discoveries began at Oyu Tolgoi in 2001.



-- The planned open pit on the Southern Oyu copper and gold deposits

contains a Proven and Probable Reserve of 955 million tonnes at 0.49%

copper and 0.35 grams of gold per tonne.



-- The total mineral reserve (Proven & Probable) contains 1.393 billion

tonnes at 0.93% copper and 0.37 grams of gold per tonne.



-- Total production of 25.2 billion pounds (11.5 million tonnes) of copper

and 13.1 million ounces of gold is projected from mining only the open

pit on the Southern Oyu deposits and the first lift of the underground

block cave on the Hugo North Deposit.



-- Production is expected to commence in mid-2013.



-- The ore processing plant would be expanded from an initial 36.5 million

tonnes per year to 58 million tonnes per year (100,000 to 160,000 tonnes

per day) by the end of the fifth year of operations.



-- Peak single-year production is estimated at 1.7 billion pounds (800,000

tonnes) of copper and 1.1 million ounces of gold.



-- The economic analysis projects an after-tax Net Present Value (NPV) of

US$4.536 billion at an 8% discount rate, an IRR of 16.33% and a payback

period of 6.32 years (based on $2.00/lb. copper and $850/oz. gold).



-- Based on current metal prices of $3.23/lb. copper and $1,200/oz. gold,

the NPV would be US$12.6 billion, with an IRR of 26.3% and a payback

period of 4.73 years.







Scenario 2: Highlights of the Life-of-Mine Sensitivity Case



The Life-of-Mine Sensitivity Case reflects the development flexibility that
exists with later phases of the Oyu Tolgoi group of deposits, which currently
include the Heruga Deposit, the Hugo South Deposit and the second lift of the
Hugo North Deposit. These subsequent phases will require separate development
decisions in the future based on conditions prevailing at the time and the
accumulated experience gained from developing and operating the initial phases
of the project.

[newefra]

für die in der englischen Sprache nicht so geübten wenigstens die Hauptaussagen.

newefra


Ivanhoe veröffentlicht den neuen integrierten Entwicklungsplan für den Oyu Tolgoi Kupfer-Goldminenkomplex in der Mongolei
-- Durchschnittliche geschätzte jährliche Produktion bei 1,2 Milliarden Pfund Kupfer und 650.000 Unzen Gold für die ersten 10 Jahre
-- Plan erklärt erste Untertagemineralreserven für Blockhöhlenbergwerk Hugo-Dummett --
Oyu Tolgoi auf dem Weg, um eins der drei grössten Kupfer- und Goldbergwerke der Welt zu werden
Ein neuer, unabhängiger integrierter Entwicklungsplan bestätigt, dass das Oyu Tolgoi Ivanhoe Bergwerke Projekt in Südmongolei die Bodenschätze hat, zum eins der Produzenten Kupfergold die Spitze drei der Welt und des Industriemodells von verantwortlichem zu werden, Klima-ton Mineralentwicklung, Ivanhoes Exekutive
Vorsitzender Robert Friedland und Vorsitzender des Vorstandes John Macken
heute angekündigt. Der neue Plan, IDP-10, ist eine umfassende Aktualisierung ursprünglichen 2005
Integrierter Entwicklungsplan und Unterstützungen Ivanhoe gewann Verpflichtung, um voranzubringen
Oyu Tolgoi in vollen Bau, mit Produktion des Kupfers und des Goldes erwartet
zu 2013 anfangen. Der Oyu Tolgoi Entwicklungsplan enthält die erste erschienene Erklärung
von den Untertagereserven für das geplante Hugo Dummett Blockhöhle Bergwerk. Es auch
stellt die Ergebnisse der umfangreichen Studien ergänzender Entwicklung zwei dar

[newefra]

so und hier noch der Link zum ausführlichen update. Nach Börsenschluss gibt es noch einen conference-call.

newefra


http://www.ivanhoemines.com/i/pdf/2010May11.pdf

[maxi1010]

da hat ivanhoe wirklich einen volltreffer gelandet!


Wirtschaftsnews - & Rohstoffe-Go Exklusiv - von heute 16:31

Ivanhoe Mines: Mongolei-Mine kann weltweiten Spitzenplatz einnehmen
Stuttgart (www.rohstoffe-go.de) Große Aufregung in der Mongolei und bei Ivanhoe Mines. Die Kupfer-Gold-Mine von Oyu Tolgoi kann noch ertragreicher werden als gedacht. Nach jüngsten Veröffentlichungen kann sie weltweit zu einer der drei größten Minen für Kupfer und Gold aufsteigen.

Ivanhoe Mines (WKN: 901508) hat einen Entwicklungsplan von 2005 fortgeschrieben und auf den neuesten wissenschaftlichen Stand gebracht. Im Normalfall kann die Mine mindestens 27 Jahre lang betrieben werden. Die neuen Modellberechnungen zeigen jedoch an, dass die Mine von Oyu Tolgoi im Optimalfall 59 Jahre lang betrieben werden kann. Selbst dieser Zeitraum wird von der Unternehmensspitze als konservativ bezeichnet. Die Produktionsdaten können in diesem Zeitraum, verglichen mit den alten Annahmen, verdoppelt werden. Die Investitionskosten werden hingegen nicht verändert. Sie belaufen sich auf 4,6 Milliarden Dollar. Das Budget für 2010 sieht eine Investition von 758 Millionen Dollar vor.

Ab 2013 kann die Mine nach derzeitiger Planung ihre Produktion aufnehmen. Innerhalb von zehn Jahren erwarten die Minenbetreiber eine durchschnittliche Jahresproduktion von 1,2 Milliarden Pfund Kupfer und 650.000 Unzen Gold. In der Spitze kann die Kupferproduktion bei 1,7 Milliarden Pfund liegen, die Goldförderung kann sich auf 1,1 Millionen Unzen belaufen.

Je nach Bewertungsmethode können auf dem Minengelände im Süden des Landes mindestens 40,68 Milliarden Pfund Kupfer, 49,86 Milliarden Pfund Kupferäquivalente sowie 20,97 Millionen Unzen Gold liegen. Dabei handelt es sich um die nachgewiesenen Rohstoffvorräte. Weitere Rohstoffablagerungen werden dort vermutet, sind nach den strengen Bemessungsstandards jedoch noch nicht wirklich bewiesen. Diese zusätzlichen Ressourcen betragen weitere 40,61 Milliarden Pfund Kupfer, 53,28 Milliarden Pfund Kupferäquivalente sowie 25,39 Millionen Unzen Gold.

Wie hoch der tatsächliche Abbau letztlich ausfallen wird, die Mine entwickelt sich zum größten industriellen Entwicklungsprojekt des asiatischen Landes. Sollten die optimistischen Produktionsvorhersagen zutreffen, hat die Mine einen Wert von mehr als 15 Milliarden US-Dollar. Sollten letztlich nur die zurückhaltenderen Werte zum Abbau genutzt werden, liegt der Minenwert noch immer im hohen einstelligen Milliardenbereich.

Ivanhoe Mines arbeitet in der Südmongolei eng mit Rio Tinto (WKN: 852147) zusammen, um die Rohstoffe zu fördern. Rio Tinto ist zugleich mit 22,4 Prozent an Ivanhoe beteiligt, es besteht die Möglichkeit, den Anteil auf 46,6 Prozent zu erhöhen. An der Mine von Oyu Tolgoi ist Ivanhoe mit 66 Prozent beteiligt, die verbleibenden Anteile liegen beim mongolischen Staat.

Beobachter warnen immer wieder, dass die Mongolei ein politisch riskantes Gebiet für die Minenentwicklung ist. Erst in der vergangenen Woche hat der Präsident des Landes, Tsachiagiin Elbegdorsch, den Versuch gestartet, neue Explorationslizenzen für Minenunternehmen zu verbieten. Darüber muss das Parlament entscheiden. Gleichzeitig hat ein anderes nordamerikanisches Unternehmen jedoch kürzlich eine neue Explorationslizenz erhalten. Doch auch bei Ivanhoe man spürt den politischen Druck. Man muss sich immer wieder mit kritischen Fragen von Regierungsseite auseinandersetzen. In dieser Hinsicht ist es für das Unternehmen sicherlich nicht von Nachteil, dass wichtige Persönlichkeiten der Mongolei einen Sitz im Board of Directors der Mine haben. So wurde jüngst der Diplomat Galsan Batsukh zum Vorsitzenden des Gremiums berufen. Batsukh war früher Botschafter der Mongolei in Kanad

[newefra]

hier ist noch nachzutragen, dass die Interessen der Mongolei auch durch Positionen im Management gewahrt sind.

newefra


Ivanhoe Mines Nominates Mongolian Diplomat to Lead Board of Company Building the Oyu Tolgoi Mine

8:16 AM ET, May 12, 2010

ULAANBAATAR, MONGOLIA, May 12, 2010 (MARKETWIRE via COMTEX) -- Peter Meredith, Deputy Chairman of Ivanhoe Mines (IVN)(US:IVN)(US:IVN), announced today that Mongolian diplomat Galsan Batsukh has been nominated to become Chairman of the Board of Directors of Oyu Tolgoi LLC, which is building, and will operate, the Oyu Tolgoi copper-gold project in southern Mongolia.

"Mr. Batsukh has been closely associated with the Oyu Tolgoi story virtually since it began with Ivanhoe's exploration drilling in 2001, when he was appointed Mongolia's first ambassador to Canada. Now we are proud to nominate him for this key role with the team that is building the mining complex, which is the largest industrial development in Mongolia's history," Mr. Meredith said.

"Mr. Batsukh's experience in international affairs and consensus building, and his understanding of the expectations that the Mongolian people have in supporting the development of their resources, will be an invaluable asset to the company and the process."

Oyu Tolgoi, which will become one of the world's largest porphyry copper-gold mines, is scheduled to be in commercial production in 2013 following the completion of a comprehensive, long-term Investment Agreement last October between Ivanhoe Mines, its strategic partner Rio Tinto and the Government of Mongolia. Ivanhoe Mines owns 66% of Oyu Tolgoi LLC and the Mongolian government has acquired a 34% ownership stake. Oyu Tolgoi LLC owns the mining licences for the Oyu Tolgoi deposits that have been discovered by Ivanhoe Mines during the past nine years.

Under provisions of the Oyu Tolgoi Shareholders' Agreement, Ivanhoe Mines appoints six of the nine members of the Oyu Tolgoi LLC Board of Directors and also nominates the Chairman. The Mongolian Government appoints three Directors. Mr. Batsukh's nomination as Chairman will be confirmed at the first meeting of Oyu Tolgoi LLC's new Board being planned for June.

The Ivanhoe Mines appointees for Oyu Tolgoi LLC directorships are:
-- Galsan Batsukh. Ambassador Batsukh presently is Ambassador at Large for
Mongolia's Ministry of Foreign Affairs and Trade. He was formerly
Mongolia's ambassador to Canada between 2001 and 2005, with additional
accreditations to Peru, Brazil and Paraguay, and ambassador to China
between 2005 and 2009, with additional accreditations to Australia, New
Zealand and Pakistan. A career diplomat since 1992, Mr. Batsukh holds a
doctoral degree in international relations and previously was an
executive with Mongolia's National Tourism Administration for eight
years, including two years served as Chairman.
-- Peter Meredith. Mr. Meredith has been Deputy Chairman of Ivanhoe Mines
since 2006. He oversees Ivanhoe Mines' business development and
corporate relations, was formerly Chief Financial Officer and has been
with the company since it began trading on the Toronto Stock Exchange in
1996. He was Ivanhoe Mines' chief negotiator for the Oyu Tolgoi
Investment Agreement that took full legal effect in March. Mr. Meredith
also is Chairman of Ivanhoe subsidiary SouthGobi Resources, a Mongolian
coal producer, and was formerly a Chartered Accountant with Deloitte &
Touche in Canada.
-- John Macken. Mr. Macken is Chief Executive Officer, President and a
Director of Ivanhoe Mines. He joined Ivanhoe in 2003 after a 19-year
career with mining giant Freeport McMoRan Copper and Gold. He was
formerly Freeport's Senior Vice-President of Strategic Planning and
Development, based in New Orleans, and previously spent a total of 13
years with Freeport's operating unit, P.T. Freeport Indonesia,
culminating in the position of Executive Vice-President and General
Manager at Freeport-McMoRan's Grasberg mining complex in Indonesia, the
world's single largest copper and gold mine.
-- Sam Riggall. Mr. Riggall joined the Ivanhoe Mines subsidiary, Ivanhoe
Australia, earlier this year as Executive General Manager - Commercial.
He previously was General Manager of Business Evaluation for Rio Tinto,
and was Rio Tinto's chief negotiator for the Oyu Tolgoi Investment
Agreement. He has extensive mining industry experience in many parts of
the world and previously worked in a variety of commodity and functional
roles within Rio Tinto, including industrial minerals, base metals,
exploration, investment evaluation, business development and capital
market transactions.
-- William (Bill) Weld. Mr. Weld is international business adviser to the
Ivanhoe group of companies and a former Governor of Massachusetts. He
has been affiliated with the New York-based law firm of McDermott Will &
Emery since 1997. During Mr. Weld's two terms as Massachusetts Governor,
which began in 1990, he was credited with improving the state's business
climate and leading international trade missions. Prior to his
governorship, Mr. Weld headed the U.S. Justice Department's Criminal
Division as Assistant Attorney General and also was the U.S. Attorney
for Massachusetts.
-- Andrew Harding. Mr. Harding is Rio Tinto's Chief Executive, Copper, and
has been a member of the Ivanhoe Mines Board of Directors since November
2009. He provides management oversight to Rio Tinto's Copper Group,
comprised of mines and projects in the U.S., Chile, Australia,
Indonesia, South Africa, Peru and Mongolia. He previously was President
and Chief Executive Officer of Rio Tinto's Kennecott Utah Copper and
Global Practice Leader, Mining, within Rio Tinto's Technology &
Innovation group. He held operating roles with several mining companies
in Australia before joining Rio Tinto in 1992.

[newefra]

Ivanhoe Buys Osborne Copper-Gold Site, Aiding Merlin Development
25.05.10 03:31:02

SYDNEY (Dow Jones)--Ivanhoe Australia Ltd. (IVA.AU) will spend A$17.4 million
on the Osborne copper-gold mining project in northwest Queensland state to help
it develop its adjacent Merlin project, the company said Tuesday.

The purchase will give Ivanhoe access to Osborne's existing infrastructure,
including a power station, gas pipeline, mining camp, mining fleet, airstrip
and concentration facilities.

"This is a fast-track for the Merlin production," Peter Reeve, chief executive
of Ivanhoe Australia, told Dow Jones Newswires.

Ivanhoe said that the deal would reduce Merlin's capital development costs by
A$100 million, and enable the company to start production at the small Little
Wizard site next year before Merlin starts producing in 2012.

It would still need to build a road between the two sites, which are 50
kilometers apart.

The news sent Ivanhoe's shares up on Tuesday, and at 0221 GMT, Ivanhoe shares
had climbed 12%, or 39 cents, to A$3.57.

Merlin is the world's highest-grade molybdenum and rhenium resource, with 16
million metric tons of ore containing 0.6% molybdenum and 10 grams of rhenium
per ton.

The metals are most-used, respectively, in high-performance steel alloys and
jet engines.

Ivanhoe Australia, which is 80% owned by Canadian mining giant Ivanhoe Mines
Ltd. (IVN), will purchase the site from Barrick (PD) Australia Ltd., a local
subsidiary of Barrick Gold Corp. (ABX).

Ivanhoe will also have to post A$18 million of provisions for environmental
rehabilitation of the site, the company said.

The Osborne site also contains attractive copper and gold prospects in the
form of the Kulthor deposit, where a 2 kilometer exploration tunnel came to
within 150 meters of the ore body before work was halted when Barrick began the
sale process.

"The infrastructure to process Merlin is the main gain but Kulthor is more
than just a bonus," said Reeve.


newefra

[SommerSonneSandMeer]

Solange der Kupferpreis niedrig bleibt (ich persönlich gehe von einer baldigen Erholung in Richtung 7000 USD/t aus) kann man hier bei Kursen zwischen 10 und 11 Euro wohl mit gutem Gewissen nochmal nachlegen.

Ich würde mich sehr freuen, nochmal unter 10 Euro nachkaufen zu können, aber ob sich diese Chance ergibt, sei mal in Zweifel gestellt.

Mal sehen, was hier noch so an positiven News auftaucht, sieht ja so aus, als ob dieses Projekt eine wahre "Goldgrube" wird.

SSSM

[kriegtnix66]

Antwort auf Beitrag Nr.: 39.646.547 von SommerSonneSandMeer am 08.06.10 09:48:03

... wir sitzen im gleichen Boot, aber Kupfer steht "bei aller Liebe" nun wirklich nicht günstig. Das ist sehr unpräzise bis schlicht falsch. Richtig ist, Kupfer ist von den Höchstständen etwas zurückgekommen, aber nicht niedrig!!! Ich habe beruflich mit Kupfer zu tun.
Ich denke, die Kurse von Rio, Ivanhoe und auch Entree hängen von ganz anderen (politischen) Faktoren ab.

LG
kriegtnix

[newefra]

der Vollständigkeit halber hier noch die Pressenotiz von gestern betreffend Kasachstan.

newefra


PRESS RELEASE: Phase-One Drilling Program Improves Grades and Extent of High-Grade Gold Mineralization at Ivanhoe Mines' 50%-Owned Kyzyl Gold Project in Northeastern Kazakhstan
07.06.10 13:15:33- DJPN

ALMATY, KAZAKHSTAN--(Marketwire - June 7, 2010) - Robert Friedland, Chairman
of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), and David Woodall, Chief
Executive Officer of Altynalmas Gold Ltd., announced today that gold
mineralization has been expanded and upgraded by confirmatory drilling at
Altynalmas's Kyzyl Gold Project in northeastern Kazakhstan. Ivanhoe Mines owns
50% of Altynalmas.



Long intercepts of high-grade gold mineralization, including 38 metres of
17.13 grams of gold per tonne (g/t) in hole BAK-23-2010, 43 metres of 11.18 g/t
gold in hole BAK-14-2009 and 22 metres of 10.31 g/t gold in hole BAK-27-2010,
are among the results from 57 exploration holes, totalling 27,346 metres, that
were drilled as part of a phase one program between October 2009 and April
2010.



"We have been able to significantly improve drill-core recovery from the gold
zones to more than 90% using the wireline and triple-tube method in the current
drilling program," Mr. Woodall said. "This is much better than the core
recovery of approximately 75% that was managed by drilling during Soviet-era
development on the Kyzyl deposits."



"Our latest drilling yielded improved grades and widths of gold intercepts
over Soviet-era discoveries, while also confirming the proven quality of the
Kyzyl resource."



Mr. Woodall said the key value drivers of the Kyzyl Gold Project are grade and
metallurgical recoveries.



"We expected significant gold intercepts and are very pleased with the results
produced so far by the current drilling program. We're confident that the
pre-feasibility study resource model will be improved when these new drilling
results are incorporated. The drilling results and the metallurgical test-work
programs, achieving gold recoveries of between 86% and 90% using fluidized-bed
roasting, indicate the robustness and quality of the project."



Mr. Woodall said the drilling results will be used in a pre-feasibility study
being prepared by Scott Wilson Roscoe Postle and Associates (Scott Wilson RPA),
of Toronto, Canada. The study, set for completion within the next month, is
expected to upgrade a large percentage of the Kyzyl Gold Project's Resources
into Mineral Reserves.



The assay results of 29 holes drilled into the middle zone of Lens 1 of the
Bakyrchik Deposit are listed below (and also are shown on illustrations on
Ivanhoe's website at www.ivanhoemines.com). Intersection widths and grade tenor
correlate well with the results of the earlier, Soviet-era drilling results.
All the holes intercepted significant widths of high-grade gold mineralization,
with many of the holes having some intercepts grading close to one ounce of
gold per ton (34.3 grams per tonne).

[newefra]

da hier niemand mehr postet möchte ich auf die Nachricht hinweisen, dass Rio Tinto 4 Monate vor Fälligkeit seine Warrants gewandelt hat und nunmehr mit rd. 30% an Ivanhoe beteiligt ist. siehe website

GLTA
newefra

[newefra]

und noch eine hochinteressante News aus Kasachstan!


Wednesday, June 30, 2010

--------------------------------------------------------------------------------

Altynalmas' Kyzyl Gold Project estimated average annual gold production of 368,000 ounces confirmed by independent Pre-Feasibility Study

Details siehe Homepage

newefra

[newefra]

steigt CHINALCO in das Oyu Tulgoi Projekt ein?

LONDON (Dow Jones)--Aluminum Corp. of China is considering purchasing a direct
minority stake in one of the world's largest undeveloped gold-and-copper mine
deposits, according to project partner Rio Tinto PLC (RTP, RIO.LN).

Canada's Ivanhoe Mines Ltd (IVN) owns a 66% stake in the Mongolian Oyu Tolgoi
project and has previously expressed interest in selling a minority stake to a
second strategic investor. Rio Tinto PLC (RTP, RIO.LN) owns an indirect
interest in the project through its 29.6% equity stake in Ivanhoe Mines.

Aluminum Corp., also known as Chinalco, "has indicated an interest" in
acquiring a minority equity stake in Ivanhoe or a minority interest in the Oyu
Tolgoi project, Rio Tinto said in a U.S. Securities and Exchange regulatory
filing Wednesday.

"If any arrangement is agreed, it may be a bipartite or tripartite arrangement
with" Ivanhoe and/or Rio Tinto, Rio Tinto added, saying the government of
Mongolia would have to support any deal.

A Chinalco executive, who declined to be named, told Dow Jones Newswires that
the company is committed to exploring investment in overseas projects and would
like to deepen its cooperation with Rio Tinto, in which it holds a roughly 9%
stake.

A Mongolian government official said the government hasn't been consulted yet
on any plans for a stake sale in the mine or Ivanhoe. Ivanhoe and the Mongolian
government, which owns a 34% stake in the Oyu Tolgoi project, have the first
right of refusal if either party wants to sell a stake.

Rio Tinto is also discussing plans with Ivanhoe to convert its indirect equity
stake in the project "into a direct ownership interest," Rio Tinto said.

Rio Tinto paid $393 million on June 29 to exercise warrants that increased the
Anglo-Australian's stake in Ivanhoe to 29.6% from 22.4%. Rio still has enough
warrants to increase its stake up to 44%.

Rio Tinto has also had discussions about the project with numerous parties
including the European Bank for Reconstruction and Development and The
International Finance Corporation.

Rio Tinto intends to continue its discussions with Ivanhoe, Chinalco, the
EBRD, the IFC and other third parties, including the government of Mongolia,
the filing said.

An Ivanhoe spokesman declined to comment on the filing but referred to a May
21 statement that said that talks on financing were ongoing.

[maxi1010]

einiges los heute, schöner Anstieg bei schönem Umsätzen

[newefra]

das verspricht richtig spannend zu werden. Rio Tinto scheint Pläne zu schmieden IVN zu übernehmen, die wiederum wehren sich, haben einen shareholders-right-plan beschlossen und reden mit Chinalco. Die mongolische Regierung hat aber auch noch ein Wörtchen mitzureden.
Dem Kurs wird´s gut tun.

GLTA
newefra

[newefra]

PRESS RELEASE: Ivanhoe Mines Adds BNP Paribas, Standard Chartered and Export Development Canada to Core Lender Group Arranging Financing for Oyu Tolgoi Copper-Gold Project
19.07.10 13:01:08- DJPN

LONDON, ENGLAND--(Marketwire - July 19, 2010) - Robert Friedland, Executive
Chairman of Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN), and John Macken,
President and Chief Executive Officer, announced today that Ivanhoe Mines has
appointed BNP Paribas, Standard Chartered and Export Development Canada to the
core lender group of five financial institutions that will lead the arrangement
of a project finance debt package for the Oyu Tolgoi copper and gold mining
complex in Mongolia.



"The completion of the assembly of the core lender group is a key step in the
process of securing the Oyu Tolgoi financing package, which we expect to close
in the first quarter of 2011," Mr. Friedland said.



"The five financial institutions have indicated that they are prepared to
consider providing limited recourse loans that would total more than US$2
billion, demonstrating the high level of interest in international financial
circles in participating in the project and awareness of its game-changing
significance to copper and gold markets."



Mr. Friedland said that Ivanhoe Mines had evaluated expressions of interest
from 13 banks and selected Paris-based BNP Paribas and London-based Standard
Chartered to work with the European Bank for Reconstruction and Development
(EBRD), the International Finance Corporation (IFC) and Export Development
Canada (EDC) in arranging the financing.



"As leading global institutions, BNP Paribas and Standard Chartered have a
very strong presence in Asia and, consistent with the commitments of the other
core lenders, have indicated that they are considering retaining a significant
exposure to the Oyu Tolgoi project debt through a mix of facilities," Mr.
Friedland said. The facilities include EBRD and IFC "B" loans, facilities
backed by export credit agencies and commercial loans.



Ivanhoe Mines announced in May that it had signed a joint mandate letter with
the EBRD and the IFC for evaluation of a major financing package for the
construction of the planned Oyu Tolgoi mining complex.



Under the terms of the mandate letter, the IFC, part of the World Bank Group,
and the EBRD will consider directly providing up to US$600 million,
representing approximately US$300 million each from the IFC and the EBRD, as
part of a group of primary lenders in limited-recourse project financing.



Export Development Canada (EDC), the Canadian government's export credit
agency, is considering providing up to US$500 million in direct project
financing capacity, subject to necessary approvals, including ensuring that the
Oyu Tolgoi Project meets EDC's environmental and social impact review
requirements.



Significant support for the Oyu Tolgoi financing also is expected from
commercial lenders under "B" loan structures and under the guarantee schemes of
other export credit agencies. Ivanhoe is discussing additional financing
options for the balance of its capital requirements.



The independent 2010 Oyu Tolgoi Integrated Development Plan (IDP-10) estimated
that the initial capital cost required to achieve first production from the
open-pit mine on the Southern Oyu deposits would be US$4.6 billion. This amount
includes US$1.1 billion to be spent advancing underground development at the
Hugo North Deposit in preparation for the start of block-cave mining following
the start of production from the open pit.



Mr. Macken confirmed that the Oyu Tolgoi Project will be developed to allow
EDC and the commercial banks involved in the financing to comply with the
Equator Principles, a set of voluntary international guidelines based on the
IFC's social and environmental performance standards.



Hatch Corporate Finance advised Ivanhoe Mines on the selection of BNP Paribas
and Standard Chartered.



About Ivanhoe Mines (www.ivanhoemines.com)



Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) is an international mining
company with operations focused in the Asia Pacific region. Assets include the
company's 66% interest in the world-scale, Oyu Tolgoi copper-gold mine
development project in southern Mongolia; its 57% interest in Mongolian coal
miner SouthGobi Resources (TSX: SGQ; HK: 1878); an 81% interest in Ivanhoe
Australia (ASX: IVA), a copper-gold-uranium-molybdenum-rhenium exploration and
development company; and a 50% interest in Altynalmas Gold Ltd., a private
company developing the Kyzyl Gold Project in Kazakhstan.



About BNP Paribas (www.bnpparibas.com)



BNP Paribas is one of the six strongest banks in the world by Standard &
Poor's and is the largest bank in the Eurozone by deposits. With a presence in
more than 80 countries and more than 200,000 employees, including 160,000 in
Europe, BNP Paribas is a leading European provider of financial services on a
worldwide scale. It ranks highly in its three core activities: Retail Banking,
Investment Solutions and Corporate & Investment Banking. In its Corporate &
Investment Banking and Investment Solutions activities, BNP Paribas also enjoys
top positions in Europe and solid and fast-growing businesses in Asia.



About Standard Chartered (www.standardchartered.com)



Standard Chartered PLC is a leading international bank, listed on the London,
Hong Kong and Mumbai stock exchanges. It has operated for more than 150 years
in some of the world's most dynamic markets and earns around 90 per cent of its
income and profits in Asia, Africa and the Middle East. The bank's growth in
recent years has been driven by this geographic focus and commitment to
developing deep relationships with clients and customers. Standard Chartered is
committed to building a long-term sustainable business and upholds high
standards of corporate governance, social responsibility, environmental
protection and employee diversity.



About Export Development Canada (www.edc.ca)



Export Development Canada (EDC) is Canada's national export credit agency,
offering innovative commercial solutions to help Canadian exporters and
investors expand their international business. EDC's knowledge and partnerships
are used by more than 8,400 Canadian companies and their global customers in up
to 200 markets worldwide each year. EDC is financially self-sustaining, a
recognized leader in financial reporting and economic analysis, and has been
recognized as one of Canada's Top 100 Employers for nine consecutive years.

[maxi1010]

in den letzten Tagen ist beim Kurs wieder einiges an Bewegung rein gekommen.

[Homedelivery]

das ist doch wegen dem Kupfer ... gemaess Xstrata sollen 5% zuwenig Kupfer auf dem Markt sein, und der Bedarf mit 6% wachsen.

[newefra]

Ivanhoe Says Oyu Tolgoi Project On Track For 1st Test In 4Q12
07.09.10 15:01:00

LONDON -(Dow Jones)- Canada-listed Ivanhoe Mines Ltd. (IVN.T) said Tuesday the
massive Oyu Tolgoi copper and gold project in Mongolia is proceeding on
schedule and is now expected to start processing its first ore in the fourth
quarter of 2012.

"The steady progress being logged across the Oyu Tolgoi site every week means
we are on track to be ahead of our construction schedule by the end of this
year," John Macken, president and chief executive officer of Ivanhoe, said in a
statement.

Oyu Tolgoi is expected to enter production in 2013 and then ramp up over five
years to 450,000 metric tons of copper output annually. Ivanhoe estimates the
total investment over the next four years to build the initial mining complex
and start producing will be about $4 billion.

The Oyu Tolgoi workforce has steadily increased in recent months and currently
stands at about 4,400. The budget for construction in 2010 has been set at $754
million, with an additional $195 million earmarked for operations.

Macken said some of the striking achievements of the project so far are the
extensive foundations for the large concentrate plant and for the
31-storey-high concrete frame for the main production shaft at the underground
block-cave mine at the Hugo Dummett Deposit.

Macken added that one nearer-term goal is to complete the foundations and
allow the erection of the exterior steel to enclose the concentrator building
before the onset of winter next year so that work can continue indoors until
the start of the 2012 outdoor construction season.

Ivanhoe owns a 66% stake in the project while the Mongolian government owns
the remaining 34% stake. Anglo-Australian miner Rio Tinto PLC (RTP), acting as
operator of the project, owns a 29.6% stake in Ivanhoe.

[newefra]

Rio Tinto erhöht seinen Anteil weiter

Rio Tinto PLC (RIO.LN), an international mining group,
confirmed Monday that it has acquired 40,083,206 common shares of Ivanhoe
Mines, increasing its ownership by 5.3% to 34.9% of Ivanhoe Mines' outstanding
common shares.

MAIN FACTS:

-The common shares were acquired in accordance with the terms of the $350
million convertible credit facility Rio Tinto made available to Ivanhoe Mines
Ltd. in 2007 which was fully drawn down by mid-2008 and which matured Monday.

-The outstanding principal and accrued interest ($400,832,056) under the
credit facility automatically converted on maturity into common shares of
Ivanhoe Mines at a price of $10.00 per share.

-Rio Tinto now owns 184,747,856 common shares of Ivanhoe Mines.

-If Rio Tinto were to exercise all of its share purchase warrants it would own
267,214,784 common shares of Ivanhoe Mines representing an interest in Ivanhoe
of around 44%.

-Rio Tinto has the right at any time to exercise its remaining share purchase
warrants into common shares of Ivanhoe.

-Rio Tinto also has, among other things, the right to acquire additional
securities so as to maintain its proportional equity interest in Ivanhoe Mines,
and the right to acquire additional Ivanhoe Mines securities in certain other
circumstances and subject to certain limits.

[maxi1010]

schön langsam wird der Anstieg hier unheimlich .... ob es nur mit dem verstärktem interesse von rio tinto zu tun hat

[viena]

Antwort auf Beitrag Nr.: 40.225.510 von maxi1010 am 28.09.10 17:18:41

Nö, an der richtig geilen Präsentation aus Denver!
Soll einer der Höhepunkte gewesen sein.

[maxi1010]

vielleicht hats auch damit zu tun gehabt ....

Wirtschaftsnews - & Rohstoffe-Go Exklusiv - 29.09.10

Ivanhoe Mines entdeckt neue Goldvererzung auf Oyu Tolgoi
Stuttgart (www.rohstoffe-go.de) Die kanadische Ivanhoe Mines (WKN 901508) hat auf dem bereits gigantischen Kupfer- und Goldprojekt Oyu Tolgoi in der Mongolei eine neue Goldvererzung entdeckt. Wie das Unternehmen erklärte, unterstütze dieser Fund - namens Heruga North - seine Ansicht, dass das, Oyu Tolgoi-System erheblich mehr Gold und Kupfer enthält als bis jetzt nachgewiesen.

Ivanhoe entwickelt das fast 5 Mrd. Dollar schwere Oyu Tolgoi-Projekt gemeinsam mit dem britisch-australischen Bergbauriesen Rio Tinto (WKN 852147) und der Regierung der Mongolei. Das lange verzögerte Projekt erhielt im Oktober 2009 endlich die Zustimmung der Behörden, nachdem zuvor jahrelang um die Bedingungen gefeilscht worden war.

Das Unternehmen, das von der Bergbaulegende Robert Friedland geleitet wird, erklärte, die Neuentdeckung sei Teil einer 2,5 Kilometer langen goldhaltigen Ausweitung der Heruga-Lagerstätte, die sich von der südlichen Grenze des Oyu Tolgoi-Gebiets nach Norden erstrecke. Es sei möglich, so Friedland in einer Mitteilung, dass Heruga und Heruga North schlussendlich gemeinsam als eine der größten Untertagegoldminen der Welt entwickelt werden könnten.

Ivanhoe hat bisher noch nicht ausreichend gebohrt, um auf Heruga North eine Ressourcenschätzung zu erstellen, doch glaubt man im Unternehmen, dass Heruga North einen ähnlichen Umfang und ähnliche Gehalte wie die angrenzende Heruga-Lagerstätte aufweisen könnte. Ivanhoe schätzt, dass die Heruga-Lagerstätte 10,2 Mrd. Pfund Kupfer und 15 Mio. Unzen Gold beherbergt.

[newefra]

Antwort auf Beitrag Nr.: 40.257.223 von maxi1010 am 04.10.10 07:32:45

diese Meldung wurde von IVN am 28.09. veröffentlicht. Da sich hier im board kaum noch etwas tut habe ich sie nicht eingestellt.
IVN bewegt sich ja am ATH, deswegen halte ich derzeit Entrée Gold ETG für deutlich interessanter. Die Flächen liegen zusammen.

Gruss
newefra

[maxi1010]

Antwort auf Beitrag Nr.: 40.257.350 von newefra am 04.10.10 08:28:16

für so einen interessanten wert wie ivanhoe ist er hier recht ruhig.

seit meinem einstieg ist ivanhoe trotz seiner größe aber immerhin schon um über 100% gestiegen, hätte nicht gedacht, dass es so schnell geht, hat nicht mal ein Jahr gedauert - und in Zukunft gibt es sicherlich noch einen interessanten newsflow, so dass ich bei ivanhoe noch genug potential sehe.

[newefra]

Antwort auf Beitrag Nr.: 40.257.748 von maxi1010 am 04.10.10 09:52:10

das ist sicherlich richtig, nur der Weg bis 2012 ist noch lang und da wird es noch Rücksetzer geben. Deshalb habe ich mal Gewinne mitgenommen und warte ab.

Viel Glück

newefra

[newefra]

Ärger zwischen Ivanhoe und Rio Tinto kann Oyu Tolgoi stören!

newefra

Rio-Ivanhoe Tensions Could Disrupt Oyu Tolgoi's Development -Ivanhoe
19.10.10 08:56:00- DJBN

SYDNEY -(Dow Jones)- Disagreements between representatives of Rio Tinto PLC
(RIO) and Ivanhoe Mines Ltd. (IVN) tasked with developing Mongolia's Oyu Tolgoi
copper-gold mine could disrupt development of the mine, according to a
regulatory filing.

In an offer document for the Canadian miner's $800 million to $1 billion
rights issue announced Monday, Ivanhoe said disputes between a Rio-dominated
technical committee charged with developing the resource and the board of Oyu
Tolgoi's joint venture company could affect the project, which is slated to
start production by the end of 2012.

Oyu Tolgoi is the world's largest undeveloped copper-gold project, with
resources amounting to 81 billion pounds of copper and 46 million ounces of
gold, worth around a combined $370 billion at current market prices. It is
regarded as particularly important because of its location 80 kilometers from
the northern border of China, the world's largest copper consumer.

"Representatives of Ivanhoe and Rio Tinto on the Technical Committee have
expressed differing opinions on several issues that could affect key aspects of
project development, including the determination and timing of capital and
operating costs and project scheduling," the offer document said.

"Failure to reach a timely consensus by all Oyu Tolgoi Project
stakeholders...could potentially affect the Oyu Tolgoi Project's current
development schedule."

The Oyu Tolgoi joint venture is owned 34% by the Mongolian government and 66%
by Ivanhoe, which in turn is 34.9% owned by Rio Tinto and 18.26% by its
founder, Robert Friedland.

Rio is also able to raise its stake to 46.65% in Ivanhoe through the exercise
of warrants as part of a private placement agreement between the companies in
2006, which also prevents the company from raising its stake any further before
October 2011.

Rio and Ivanhoe have been locked in a dispute for several months in a
thinly-veiled battle for control of the company. A shareholder rights plan
introduced by Ivanhoe earlier this year, seen by analysts as an attempt to
prevent Rio from seizing a majority stake in Ivanhoe, was referred to
arbitration by Rio in July.

Several days later, Ivanhoe cancelled a clause banning it from issuing fresh
equity to strategic shareholders, in a move seen as a further "poison pill" to
prevent Rio from moving its shareholding to above 50%.

In its offer document for Monday's rights issue, Ivanhoe said it disagreed
with Rio on the rationale and even legal basis for the latest share offering.

Previously, the 2006 private placement agreement had been seen as the main
funding vehicle for Oyu Tolgoi's development, with Rio contributing funding
each time it purchased a fresh tranche of shares through its warrants.

However, the offer document says the rights issue will now be necessary to
"provide the capital necessary for the company to maintain its current pace of
development" at Oyu Tolgoi.

"A representative of Rio Tinto has communicated to us a number of assertions,
including that he believes that there are superior financing opportunities
available to us" for developing the mine, while the rights issue "offend(s) a
number of Rio Tinto's contractual rights".

Rio Tinto is able to subscribe to the latest share issue to prevent its stake
from being diluted but would have to pay up to $350 million to maintain its
stake in the company at its current level.

Spokespeople for Ivanhoe and Rio Tinto would not comment on the deal and
whether Rio would take up its rights under the offer, although the company is
expected to do so in accordance with its strategy of raising its stake in
Ivanhoe.

The document warned that disputes between Oyu Tolgoi's five-member development
committee, on which Rio Tinto has three appointees, and the Oyu Tolgoi joint
venture's board, on which Ivanhoe and the Mongolian government dominate, could
affect the mine's development and hit the company's share price.

"The board of directors of OT LLC...may not agree with the views of the
Technical Committee, which could potentially result in the disruption, delay or
suspension of development and operational activity, which in turn could
potentially result in significantly increased costs to (Ivanhoe) and adversely
affect its share price," it said.

[maxi1010]

Antwort auf Beitrag Nr.: 40.347.008 von newefra am 19.10.10 10:17:36

klar, da geht es auch um sehr viel geld.
am besten wäre es, wenn rio Tinto Invanhoe komplett übernimmt ... dann bräuchten sie nicht mehr zu streiten. Aktueller Kurs + 100% Aufschlag, und sie können meine Aktien haben ...

[maxi1010]

heute wieder ein schöner ruck nach oben, in übersee +6%

Der Wert ist im wahrsten Sinn des Wortes eine Goldgrube ...

[newefra]

PRESS RELEASE: Ivanhoe Mines Announces Financial Results and Review of Operations for the Third Quarter of 2010
11.11.10 02:37:25- DJPN

Construction of the Oyu Tolgoi Copper-Gold Mine in Mongolia Rapidly Advancing

.................


newefra

[newefra]

das Armdrücken zwischen Rio Tinto und Ivanhoe geht weiter:



Rio Tinto CEO: Want More Involvement In Oyu Tolgoi, Not Less

LONDON -(Dow Jones)- Rio Tinto PLC (RIO) said Friday it wants more involvement
in the Mongolian Oyu Tolgoi copper and gold project.

"We are protecting our rights with Ivanhoe and we see a pathway for increasing
our interest in the project," said Rio Chief Executive Tom Albanese. "We want
to be in there more."

Ivanhoe Mines Ltd. (IVN) owns a 66% stake in Oyu Tolgoi and the Mongolian
government owns the rest. Rio Tinto, the project operator, has a 34.9% stake in
Ivanhoe.

Ivanhoe is in the midst of an arbitration process with Rio Tinto over
Ivanhoe's shareholders' rights plan, which Rio says conflicts with a private
placement agreement the two signed in 2006.

The private placement agreement allows the Anglo-Australian miner to raise its
stake in the Canada-based mining company to about 46.65% and no more before
2011.

Oyu Tolgoi expects to start production in late 2012 and expects to start
commercial production in 2013. It is expected to ramp up annual production to
more than 450,000 metric tons of copper and 650,000 troy ounces of gold.

[maxi1010]

Antwort auf Beitrag Nr.: 40.601.732 von newefra am 27.11.10 10:06:45

Rio Tinto hat genug geld - sollen sie halt im Jahr 2012 dann ein fettes übernahmeangebot legen ... allerdings kann es gut sein, dass der Kurs von Ivanhoe dann schon wesentlich höher ist ...

... obwohl mit über 100% in ungefähr einem Jahr bin ich auch auch sehr zufrieden ... meinen Einsatz habe ich schon herausgenommen - der Rest wird vergoldet ...

[newefra]

Ivanhoe-Mines und Rio Tinto genehmigen die Abmachung, um die Finanzierung zur Verfügung zu stellen, um die Bauarbeiten zur frühen Produktion 2012, der Ersten Phase des Oyu Tolgoi Kupfergoldkomplex in der Mongolei fortzusetzen.


Ivanhoe Mines and Rio Tinto Approve Agreement to Provide Funding to Continue Full-Scale Construction Toward Early Production in 2012 From First Phase of Oyu Tolgoi Copper-Gold Complex in Mongolia

newefra

[newefra]

wie es scheint ist das Armdrücken wohl endgültig zugunsten von Rio Tinto ausgegangen und Friedland hat zurückstecken müssen.

newefra

[newefra]

da bin ich mal gespannt was das bedeuten soll. Die Kursverluste gestern mit fast siebenfachem Durchschnittsvolumen lassen ja Platz für allerlei Spekulationen.

newefra



IVANHOE Mines Zweistufen Verkaufsprozess: Quelle - Reuters
Am 09.12.10 02:26:33-APIN


Ivanhoe Mines Ltd. (IVN, IVN.T) wird sich wahrscheinlich in zwei Stufen zum Verkauf aufstellen berichtete Reuters , eine namenlose Quelle zitierend vertraut mit der Sache.

Die Gesellschaft würde zuerst sämtliche Beteiligungen verkaufen außer seinem
Anteil an der Oyu Tolgoi Kupfergoldgrube in der Mongolei.

Ivanhoe würde dann einen Käufer für den Teil der Gesellschaft suchen
der nicht dem größter Aktionär, Rio Tinto PLC (RIO, RIO.LN, RIO.AU)gehört, zitierte der Bericht.

Die Quelle sagte auch, dass sich die Pläne von Ivanhoe noch ändern könnten
Bericht.

Ein Sprecher von Ivanhoe lehnte ab, und Rio Tinto nicht sofort war
fähig, zu kommentieren, sagte der Bericht.


DJ Ivanhoe Mines Weighs Two-Step Sale Process: Source - Reuters
09.12.10 02:26:33- APIN

DOW JONES NEWSWIRES



Ivanhoe Mines Ltd. (IVN, IVN.T) will likely put itself up for sale in a
two-step process, Reuters news agency reported, citing an unnamed source
familiar with the matter.

The company would likely first sell or spin off all its assets except its
stake in the Oyu Tolgoi copper-gold mine in Mongolia, the report cited the
source as saying.

Ivanhoe would then seek a buyer for the part of the company not owned by its
largest shareholder, Rio Tinto PLC (RIO, RIO.LN, RIO.AU), the report cited the
source as saying Wednesday.

The source also said Ivanhoe's plans could still change, according to the
report.

An Ivanhoe spokesman declined to comment, and Rio Tinto wasn't immediately
able to comment, the report said.

[maxi1010]

der kursverlauf der letzen Tage ist wirklich interessant ... bin auch schon gespannt, was das wirklich bedeutet ....

[sponte]

Antwort auf Beitrag Nr.: 40.677.537 von maxi1010 am 09.12.10 08:03:34

Es ist schwierig zu interpretieren was den Kurs so einbrechen lässt,
eine mögliche Erklärung ist das der Kurs für die Anteilserhöhung Rio Tintos
nach unten gepflegt wird.
Eine andere Erklärung wäre das viele Anteilseigner verkauft haben weil sie ihre Spekulation auf eine Übernahme Ivanhoes in der neuen Situation aufgegeben haben.

ich halte eine hohe Position seit 4 Jahren und habe damals als der Kurs abstürzte
nicht verkauft weil ich von dem Projekt immer überzeugt war.

Heute versuche ich günstig nachzulegen denn ich denke was auch immer passiert ,Ivanhoe hat noch viel Luft nach oben .

[maxi1010]

Antwort auf Beitrag Nr.: 40.678.138 von sponte am 09.12.10 09:43:08

ich habe meinen einsatz schon raus genommen ... mit dem rest hätte ich schon noch vor, dass ich eine weile dabeibleibe ...aufstocken werden ich aber derzeit nicht.

[newefra]

mir scheint, dass Robert Friedland die Waffen gestreckt hat. Letztendlich hatte er gegen Rio keine Chance, ausserdem hat er so viele Millionen verdient dass er sich bequem zur Ruhe setzen kann.
Also, wer jetzt noch in dem Titel drin ist, sollte sich ganz schnell mit dem Komplex Börsenkapitalisierung, Unternehmens- und Beteiligungsbewertung beschäftigen.
Ich bin hier schon eine Weile raus und an der Seitenlinie und hoffe, dass mein
Engagement betreffend Mongolei bei ETG belohnt wird, übrigens auch eine Beteiligungsposition.

GLTA

newefra

[maxi1010]

es geht los ...



Wirtschaftsnews - & Rohstoffe-Go Exklusiv - von heute 17:07

Ivanhoe Mines gibt 2,3 Mrd. Dollar für erste Entwicklungsphase von Oyu Tolgoi frei
Stuttgart (www.rohstoffe-go.de) Die kanadische Ivanhoe Mines (WKN 901508) hat für das kommende Jahr ein Investitionsbudget von 2,3 Mrd. Dollar freigegeben. Damit will man die erste Phase der Entwicklung des riesigen Kupfer- und Goldprojekts Oyu Tolgoi in der Mongolei finanzieren.

Oyu Tolgoi ist eines der größte, noch nicht entwickelten Kupfer- und Goldvorkommen weltweit. Die Entwicklung des Projekts hatte sich auf Grund komplizierter Verhandlungen um die Beteiligung des Staates zwischen Ivanhoe und der Regierung der Mongolei um Jahre verzögert. Das Projekt befindet sich nun zu 66% im Besitz der in Vancouver ansässigen Ivanhoe, während die restlichen 34% bei der Mongolei liegen.

Ivanhoe entwickelt das Projekt gemeinsam mit dem Bergbauriesen Rio Tinto. Erst in der vergangenen Woche legten die beiden Firmen Unstimmigkeiten bei und einigten sich auf einen vorläufigen Finanzierungsplan für das 6 Mrd. Dollar schwere Projekt.

Ivanhoe, geleitet vom bekannten Unternehmer Robert Friedland, erklärte 2011 zum wichtigsten Jahr für den Bau der Mine auf Oyu Tolgoi. Die erste Produktion soll 2012 erfolgen. Das Unternehme schätzt die Investitionskosten vom 1. Januar 2011 bis zur Kommissionierung der Verarbeitungsanlage in der zweiten Jahreshälfte 2012 auf 3,5 Mrd. Dollar. Man geht davon aus, eine weitere Milliarde Dollar von der Kommissionierung bis zur kommerziellen Produktion, erwartet für die erste Jahreshälfte 2013, auszugeben.

[Frischzelle]

DJ Mongolia Mine Bidders Need To Submit Proposal For Upfront Payment - Report
2010-12-28 14:02:00

HONG KONG (Dow Jones)--
Bidders for Mongolia's Tavan Tolgoi deposit, which contains some of the world's largest unexploited coal reserves, are required to submit a proposal for upfront payment to win the project, the South China Morning Post reported Tuesday, citing a senior official at the government entity that owns the resource.

Bids for the contract to build mines and infrastructure, and sell coal in a revenue-sharing arrangement with the state are due Jan. 17, said Ch.Baatbayer, a senior official at Erdenes MGL, which owns the Tavan Tolgoi deposit.

Miners that have expressed interest in the contract include: China Shenhua Energy Co. (1088.HK), Peabody Energy Corp. (BTU), Vale SA (VALE) and Rio Tinto Ltd. (RIO), the report said.

A consortium comprising Itochu Corp. (8001.TO), Sumitomo Corp. (8053.TO), Sojitz Corp. (2768.TO) and Marubeni Corp. (8002.TO) also plans to bid for the project. Korea Resources Corp. said it is leading a consortium of 10 South Korean companies, including Posco (005490.SE) and Korea Electric Power Corp. (015760.SE) in a bid.

Newspaper website: http://www.scmp.com -By Hong Kong Bureau, Dow Jones Newswires; 852-2802-7002; [e-mail]

-0-

Copyright (c) 2010 Dow Jones & Company, Inc.



News Provided by DJ

[Racer22]

Habe heute eine Nachricht meiner Hausbank zur Wahrnehmung von Bezugsrechten im Verhältnis 100:15 resultierend aus einer Kapitalerhöhung erhalten. Ist es sinnvoll diese auszuüben? Gerade hinsichtlich der unklaren Rio Tinto Aktivitäten. Was meint Ihr?

[OttoOttoOttoOtto]

So ruhig hier? NIchts mehr los?

[OttoOttoOttoOtto]

Aha, geht doch!

[Charly_2]

...stark gefallen, ein Kauf wert !

[schnitzale]

Antwort auf Beitrag Nr.: 41.905.161 von Charly_2 am 06.08.11 11:07:20

Ich überlege auch gerade wieder einen Wiedereinstieg ...

[schnitzale]

Antwort auf Beitrag Nr.: 41.989.368 von schnitzale am 23.08.11 11:43:30

da war ich wohl zu langsam ... hätte doch in D kaufen sollen, na ja - vielleicht kommt ja noch eine Gelegenheit ....

[Racer22]

Habe ich etwas verpasst? Gibt es News?

[schnitzale]

Antwort auf Beitrag Nr.: 42.451.775 von Racer22 am 07.12.11 19:34:36

Meinst du die +6%, die auf Grund der 200 gehandelten Stk. in Fra entstanden sind ...

Die kannst du getrost vergessen ...

[cervical]

Kupfer: Ivanhoe erwartet Produktionsbeginn bei Oyu Tolgoi im Herbst
Ivanhoe Mines Ltd. RTE Vancouver - (www.emfis.com) - Der kanadische Rohstoffkonzern Ivanhoe Mines Ltd, seit kurzem Tochter von Rio Tinto, will mit der Ausbeutung der Riesenmine Oyu Tolgoi in der Mongolei im dritten Quartal starten.

Wie der Vorstandsvorsitzende von Ivanhoe, Robert Friedland, mitteilte, soll die Produktion von Kupfer, Gold und Silber in dem Vorhaben in einigen Monaten beginnen. Die volle Produktionskapazität soll dann im Laufe des ersten Halbjahres 2013 zur Verfügung stehen. Bis Ende diesen Jahres sei geplant, die ersten beiden Produktionslinien in der Mine fertig zu stellen. Ab 2013 sind dann enorme Produktionsmengen in der Planung. Kupfer soll jährlich bis zu 544.000 Tonnen gefördert werden, an die 615.000 Unzen Gold und dazu noch bis zu 3 Millionen Unzen Silber pro Jahr. Soweit die Vorstellungen für die ersten zehn Produktionsjahre.

http://www.minenportal.de/artikel.php?sid=19439


Es gab immer wieder Verzögerungen

Die Vorbereitungen für dieses sechs Milliarden USD schwere Projekt hatten sich immer wieder weiter hinausgezögert. Unter anderem hatte der Staat Mongolei mehrfach verhandelt mit dem Projektbesitzer Ivanhoe und diesem 2009 einen 34%-igen Anteil an der Mine quasi als Gebühr abgenommen.

[cervical]

Ivanhoe beginnt Kupfer- und Goldproduktion in Australien

Ivanhoe Mines' australische Tochtergesellschaft Ivanhoe Australia Limited hat bei der Osborne-Verarbeitungsanlage in Nordwest-Queensland das erste Kupfer- und Goldkonzentrat produziert.

Nach dem strategischen Erwerb des Osborne-Komplexes von Barrick Australia vor weniger als 18 Monaten, hat Ivanhoe Australia innerhalb des gesteckten Zeitrahmens die Kulthor-Untergrundressource entwickelt und die Osborne-Untergrundmine wieder in Betrieb genommen.

Im Jahr 2012 wird der Durchsatz der Osborne-Anlage auf circa 700.000 - 900.000 Tonnen Erz geschätzt, 2013 soll er dann bei 1,8 - 2 Mio. Tonnen liegen

http://www.minenportal.de/artikel.php?sid=19588#Ivanhoe-begi…

[newefra]

interessante Bildstrecke:

http://www.ivanhoemines.com/i/pdf/ppt/2012-April-Photobook.p…" target="_blank" rel="nofollow ugc noopener">
http://www.ivanhoemines.com/i/pdf/ppt/2012-April-Photobook.p…

newefra

[Racer22]

Sehr interessant

http://www.timescolonist.com/business/fp/Friedland+resigns+f…

[Racer22]

http://www.ivanhoemines.com/i/pdf/2012-05-23_NRl.pdf

Meinungen dazu?

[Oberkassel]

NEWS Quelle:Rohstofffavoriten 2012 - Upadte vom 09.07.2012

• Akt. Kurs: 9,40 CAD (09.07.2012)
• 12-Monats-Kursziel: 15,00 CAD
• Kauflimit: -
• Stopp: individuell

Die Ivanhoe Mines Ltd. ist ein Bergbauunternehmen mit Sitz in
Vancouver/Kanada. Das Unternehmen besitzt die Mehrheit der Anteile an dem
weltweit größten Kupfer-Gold-Projekt Oyu Tolgoi in der Mongolei, wo im Jahr
2013 die Produktion aufgenommen werden soll. Darüber hinaus kontrolliert es
über Tochtergesellschaften weitere aussichtsreiche Vorkommen in Asien und
Australien. Die Ivanhoe Mines notiert an den Börsen Toronto und New York.
Das Oyu-Tolgoi-Projekt ist eines der weltweit größten, nicht entwickelte Kupfer-
Gold-Projekte und befindet sich in der Region Süd-Gobi, etwa 80 km von der
chinesischen Grenze entfernt. Neben der Ivanhoe Mines, die 66% der Anteile
hält, ist auch die mongolische Regierung mit 34% an dem Projekt beteiligt. Der
Rohstoffriese Rio Tinto, der seit dem Jahr 2006 strategischer Partner und seit Januar 2012 Mehrheitsaktionär der Ivanhoe Mines ist, hat bisher über 4 Mrd. USDollar in die Entwicklung des Projektes investiert und besitzt einen Anteil von 51 Prozent an Ivanhoe Mines.
Die Planung sieht vor, dass dort die kommerzielle Produktion im ersten Halbjahr 2013 beginnt und in Zukunft zwei weitere Bergwerke in Betrieb gehen. Laut aktuellen Schätzungen verfügt Oyu Tolgoi über gemessene/angedeutete Ressourcen von 40,7 Mrd. Pfund Kupfer und 21 Mio. Unzen Gold. In den ersten zehn Jahren soll das jährliche Produktionsvolumen bei durchschnittlich 1,2 Mrd.
Pfund Kupfer, 650 Tsd. Unzen Gold und 3 Mio. Unzen Silber liegen.
Themenreport Seite 5
Strategisch-Anlegen-Magazin Seite 2
>>> Ivanhoe Mines (II)
(Quelle: http://www.ivanhoemines.com)

Neben Oyu Tolgoi besitzt die Ivanhoe Mines Anteile an weiteren aussichtsreichen Vorkommen in Asien und Australien. Ebenfalls in der Mongolei befindet sich das Projekt Oyoot Tolgoi, an dem das Unternehmen über seine 58%-Beteiligung SouthGobi Resources partizipiert. Es handelt sich dabei um ein Kohlebergwerk,
dessen Hauptabnehmer Kunden aus China sind. In Kasachstan besitzt die Ivanhoe Mines über ihre Tochtergesellschaft Altynalmas Gold 100% der Anteile am Kyzyl-
Gold-Projekt, welches laut einer im Februar 2012 fertiggestellten
Machbarkeitsstudie über eine Minenlebensdauer von 15 Jahren und Reserven von
5,8 Mio. Unzen Gold verfügt. Über ihre 59%-Tochtergesellschaft Ivanhoe Australia ist das Unternehmen zudem an vier aussichtsreichen Kupfer-Gold-Molybdenum- Rhenium-Vorkommen in Queensland beteiligt, wovon eines, Osborne, bereits seit März 2012 produziert.Oyu Tolgoi - Fass ohne Boden oder eines der besten
Rohstoffprojekte weltweit?
Mit weit über 4 Mrd. US-Dollar schlägt Oyu Tolgoi bereits zu Buche. Unweigerlich drängt sich der Vergleich mit einem Fass ohne Boden auf.
Themenreport Seite6
Strategisch-Anlegen-Magazin Seite 2
>>> Ivanhoe Mines (III)

Ein Minenaufbau ist jedoch generell nicht billig und die Zahl macht noch
einmal das Ausmaß des Projektes deutlich, zumal weitere Mittel noch
gebraucht werden. Aktuell ist die Mine aber zu über 80 Prozent fertiggestellt und ein Ende ist in Sicht. Und natürlich spielt es eine große Rolle, mit Rio Tinto einen renommierten und finanzstarken Konzern als strategischen Partner zu haben.

Im Herbst soll damit begonnen werden, die Mine sukzessive
in Betrieb zu nehmen. Prozesse werden dann noch einmal optimiert, ehe wie
bereits angesprochen, die kommerzielle Produktion in 2013 anlaufen wird.
Im April gab das Unternehmen eine Kapitalmaßnahme bekannt, die aktuell
gerade umgesetzt wird. Ivanhoe Mines will über zunächst die Ausgabe von
Bezugsrechten knapp 1,8 Mrd. US-Dollar in die Kassen holen, um Oyu Tolgoi
zu stemmen. Jeder Aktionär erhält je Aktie ein Bezugsrecht. 20 Bezugsrechte
wiederum berechtigen später zum Erhalt von 7 "neuen" Aktien. Die Preise für
die neuen Aktien wurden mit 7 US-Dollar bzw. 7,17 CAD festgelegt. Der
Bezugsrechtehandel läuft noch bis zum 19.07. Aktuelle Ivanhoe Mines
Aktionäre, die nicht am Bezug neuer Aktien interessiert sind, können die
Bezugsrechte über die Börse veräußern. Rio Tinto als Großaktionär hat bereits angekündigt, die dem Konzern angediehenen Bezugsrechte im vollen Umfang nutzen zu wollen.

Doch nicht nur diese Kapitalmaßnahme soll Geld in die Kassen bringen. Über
530 Mio. CAD wird der anstehende Verkauf der Beteiligung an SouthGobi
Resources einbringen. Käufer ist die chinesische Aluminum Corporation of
China Ltd. (kurz CHALCO). Selbst ein (Teil)Verkauf der Beteiligung an Ivanhoe
Australia ist zur Aufstockung der liquiden Mittel nicht ausgeschlossen. Alles wird dem großen Ziel Produktionsaufnahme Oyu Tolgoi untergeordnet.
In den kommenden Monaten wird sich daher zeigen, ob Oyu Tolgoi tatsächlich
das sprichwörtliche Fass ohne Boden ist. Gelingt es Ivanhoe Mines jedoch die
Mine planmäßig in Produktion zu bringen und bestätigen sich dann auch die
(hohen) Erwartungen an das Projekt, würde sich das unweigerlich positiv auf
den Aktienkurs niederschlagen. Das Risiko der Nicht-Finanzierbarkeit besteht
natürlich unverändert.


Oberkassler

[Buzio]

Antwort auf Beitrag Nr.: 43.367.215 von Oberkassel am 09.07.12 19:50:06

Top Rohstoffwert,bei dem sich noch zeigen wird ob es süd oder nordwärts geht,

[Buzio]

Antwort auf Beitrag Nr.: 43.367.215 von Oberkassel am 09.07.12 19:50:06

Top Rohststoffwert mit grossen PROBLEMEN!

[dober99]

FUER FOLGENDE INSTRUMENTE WERDEN ISIN, WKN UND KUERZEL GEAENDERT. GUELTIG
AB 08.08.2012
FOR THE FOLLOWING INSTRUMENT ISIN, WKN AND SHORT CODE WILL CHANGE. VALID
FROM AUGUST 08, 2012

EINSTELLUNG AUFNAHME
ISIN KUERZEL NAME EINSTELLUNG MIT ABLAUF ISIN KUERZEL NAME AB
DEM ANMERKUNG

CA46579N1033 IHM IVANHOE MNS LTD 07.08.2012 CA9004351081 IHM TURQUOISE
HILL RES 08.08.2012 Tausch 1:1