Canadian Business / The Canadian Press: Ivanhoe Mines 2011 net loss widens, Mongolia project on track for Q3 startup

Ivanhoe Mines Ltd. reported a wider net loss for 2011 on Tuesday as it said its copper-gold mine in Mongolia remains on track to start up in the third quarter. The 2011 loss of $570.4 million, or 83 cents per share, compared to a loss of $211.5 million, or 42 cents per share, in 2010. Revenues increased to $179 million from $79.8 million a year earlier. To read the full article, click hereIvanhoe Mines 2011 net loss widens, Mongolia project on track for Q3 startup

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