New information confirms that a little-publicised mining deal between Rio Tinto and Canada-based Ivanhoe Mines has, almost literally, sold the people of Burma down the river.
See http://www.minesandcommunities.org/article.php?a=11098
Ivanhoe chief says Oyu Tolgoi should be worth $30 billion
Speaking at the Diggers & Dealers conference in Kalgoorlie Australia, Robert Friedland, executive chairman of Ivanhoe mines made big claims for the new mine his company is constructing in Mongolia together with major shareholder Rio Tinto.
See http://www.mining.com/2011/08/03/oyu-tolgoi-should-be-worth-more-than-double-it-is-now/.