CAPITAL MARKETS

Rio-Mongolia rift deepens

RIO Tinto and Turquoise Hill Resources are facing a fresh dispute with the Mongolian government over the $US6.3 billion ($A6.7 billion) Oyu Tolgoi copper-gold mine after receiving claims for unpaid taxes.

Kristie Batten

Rio-Mongolia rift deepens

Toronto-listed Turquoise Hill said overnight that the mine’s operating subsidiary Oyu Tolgoi LLC had received an audit report from the Mongolian Tax Authority claiming unpaid taxes, penalties and disallowed...

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