Bloomberg / The Associated Press: Ivanhoe shares tumble to new low on Mongolia woes

Ivanhoe Mines Ltd. shares tumbled to the lowest levels in more than two years on Monday after the government in Mongolia asked for a suspension in activities at a coal mining company that Ivanhoe partially owns. THE SPARK: Mongolian mining officials requested that SouthGobi Resources Ltd. to stop mining and exploration on certain licenses held by one of its subsidiaries. SouthGobi said it believes that its licenses are in good standing, but it warned that if it does receive official notification from the government, it may have to shut down operations until an injunction is granted. To read the full article, click hereIvanhoe shares tumble to new low on Mongolia woes

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