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Ivanhoe Mines secures standby project financing
24 January 2012
Ivanhoe Mines has approved a jumbo bridge facility to help fund the first phase of its ECA-backed Oyu Tolgoi mining complex in southern Mongolia.
The Ivanhoe Mines Board of Directors have agreed to proceed with a $1.8 billion bridge facility to help fund the first phase of the Oyu Tolgoi mining complex in southern Mongolia.
The standby facility, arranged by an undisclosed bank, is a precautionary measure,...
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