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Going deeper underground

After close to 2.5 years of political challenges, the underground stage of one of the world’s biggest copper-gold deposits looks set to go ahead with funders signing a US$4.4 billion agreement to finance the build of Oyu Tolgoi stage two in Mongolia.

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An assortment of international finance institutions, export credit agencies and commercial banks have agreed to underwrite the underground project, which could eventually boost the mine’s output to

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