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Mongolia should honour Oyu Tolgoi investment agreement, McRae says
August 30, 2012 - 12:44 GMT
Oyu Tolgoi's investment agreement with the Mongolian government is the foundation of a stable partnership, Cameron McRae, president and ceo of the company said.
The comment came in response to the recent
renegotiation remarks made by the country’s new
mining minster Davajav Ganhuyag. "Those voices that call for a
renegotiation fail to realise the true benefits of this deal,"
McRae told delegates at the Discover Mongolia Forum held in
Ulaanbaatar. The government of Mongolia signed an investment
agreement with Rio Tinto and Turquoise Hill,...
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