Global miner Rio Tinto is clear to take over Mongolia’s coveted Oyu Tolgoi project, which promises to be one of the world’s largest copper-gold mines, after project owner Ivanhoe Mines decided to scrap a controversial “poison pill”. Ivanhoe said on Wednesday it would ditch its shareholder rights plan, originally aimed at blocking Rio Tinto from raising its stake in the Canadian firm, as a separate agreement capping the global miner’s holding at 49 percent expired. To read the full article, click here: Miner Rio clear to take over Mongolia project after Ivanhoe relents
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