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Rio’s Oyu Tolgoi mine in Mongolia hit with $155 million tax bill

Cecilia Jamasmie | January 16, 2018 | 8:43 am Base Metals Precious Metals Top Companies Asia Australia Canada Copper Gold Silver 

Shares in Rio Tinto-controlled Turquoise Hill (TSX, NYSE:TRQ) were hit Tuesday after the miner revealed its massive Oyu Tolgoi copper and gold mine in Mongolia has been handed a $155 million tax bill. The Vancouver-based company said the amount relates to an audit on taxes imposed and paid...

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