Rio secures control over Mongolia copper-gold asset
Allows government to secure parliament approval
The listing would scuttle a takeover bid by Tempest Minerals
Resource update possible in 2023
Issues need to be address to unlock world-class ore bodies, he said
Covid-19 cost Ok Tedi almost two billion kina (~US$568 million), CFO said
K92 has approved stages three and four of Kainantu expansion
Financing plan in early 2023
Firm is also backed by Trafigura
Talks progressed in "recent weeks and months" to levels of engagement not seen in years, Biwas said
Guidance points to higher output
Project hit by delays and cost overruns
Sees flat production, assumes higher costs
Calls peak inflation as firm deals with US$4.8 billion bid.
Drilling underway to explore further
Court decision vital for project
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