Gold - World's largest untapped gold and copper deposit moves closer to development

Thursday, February 09, 2012




1.	*A new* reason gold stocks could soar**

2.	Top gold manager Embry: This will be the strongest year for gold yet

3.	Top analyst Rosenberg: This could be the best way to profit from gold now




1.	Richard Russell: This could be 2012's "market moving" event

2.	Porter Stansberry: These facts show the "End of America" is coming

3.	New report reveals Federal Reserve president owns millions in gold and platinum

4.	Military insider: The Pentagon is lying about Afghanistan

5.	This morning's "fantastic" jobs report is hiding some shocking news

World's largest untapped gold and copper deposit moves closer to development

Tuesday, August 25, 2009
Text Size:

By Daily Crux Editor Justin Brill:

The world's biggest untapped gold and copper deposit just got a little closer to getting "tapped" this week.

A reversal in Mongolian law is paving the way to development for Ivanhoe Mines' (IVN) Oyu Tolgoi project. The new amendments will eliminate the 68% windfall profit tax on copper and gold mined in the country, effective January 1, 2011.

Oyu Tolgoi contains an estimated 45.2 million ounces of gold and 78.9 billion pounds of copper, making it the world's largest undeveloped gold and copper deposit. Ivanhoe shares jumped 20% on the news.

Read full article...

More on gold:

How China could send the price of gold much higher

One of the best places in the world to store your physical gold

Banned for decades: Chinese government now urging citizens to buy gold and silver

Topics:		Gold \| China \| Commodities

©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.

Home | About Us | Archive | Partner | RSS