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Mongolia eyes changes to Oyu Tolgoi copper deal

The Mongolian government is discussing possible changes to a 2009 investment agreement for the massive Oyu Tolgoi copper-gold deposit, media reports quoted Mongolia's finance minister, S. Bayartsogt, as saying Tuesday. The 2009 deal gave a 66 percent stake in the multibillion-dollar Oyu Tolgoi project in Mongolia's South Gobi region to the Canadian miner Ivanhoe Mines (Toronto: IVN.TO - news) , in which mining giant Rio Tinto now owns a 48.5 percent stake. The government has the remaining 34 percent stake.

Glencore’s Kazzinc commissions copper smelter

LONDON, Sept 13 (Reuters) - Glencore subsidiary Kazzinc has commissioned a new copper smelter at its New Metallurgy project in Kazakhstan and will complete a lead smelter at the same project in the first half of next year, bringing its investment to $875

Platinum could be a better bet than gold

Is platinum now a better bet for investors than gold? Many seem to think so. Gold prices have soared by 32pc this year, as investors sought a safe haven from the global debt crisis. However, some argue that gold is in a bubble fuelled more by speculation.

Firestone Diamonds – Result of General Meeting

Firestone Diamonds plc ("Firestone" or "the Company"), the AIM-quoted diamond mining and exploration company (ticker: AIM:FDI), announces that at the general meeting of the Company (the "GM (NYSE: GM - news) ") held earlier today, all resolutions were duly passed.