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South Korean Company, Freegood Inc. Take Over Copper Mines From Mining Company Ivanhoe Mines, Mongolia
Freegood Inc., a South Korean venture firm that focuses on the development of natural resources. Freegood has acquired a copper mining company Ivanhoe Mines Mongolia Inc. Copper mine site taken over by Freegood retreat located in truth, Mongolia. Copper mine has reserves estimated at 5 million tons of copper. Freegood funds disbursed about U.S. $ [...]
Mining Companies, Vale – Xstrata – Rio Tinto Submitted Proposal To Develop Mongolia Coal Mine
Vale, Xstrata and Rio Tinto are among the companies that have submitted proposals to develop Mongolia’s prized $2 billion Tavan Tolgoi coal mine, according to two people with direct knowledge of the matter.
