The Sydney Morning Herald: Advice from on high – look to the east

Mining and Mongolia evangelist Robert Friedland yesterday smote not only his usual targets – politicians and the media – but did his best to slay the hysteria surrounding Europe’s teetering economies. Preaching to an audience of the converted, the Melbourne Mining Club, Friedland dismissed Europe as ”Disneyland”; cataclysm or not, Europe is irrelevant to the future of the mining industry and Australia because it is ”already built”. His Ivanhoe Mines, and shareholder partner Rio Tinto, are into the final phase of a $4 billion construction program to bring the Oyu Tolgoi copper-gold-molybdenum mine in Mongolia on stream. To read the full article, click hereAdvice from on high – look to the east

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