Canadian miner Turquoise Hill and its majority owner Rio Tinto expects
to sign a $4-billion project-financing plan and term sheet at the end of
June, which will allow for future financial flexibility in starting
development of the giant mine’s second phase.
Mongolian mountaineer Gotovdorj Usukhbayar who left for an Arctic voyage
on April 6th has reached the North Pole at 90 degrees N latitude. He
travelled over the Arctic Ocean and raised the Mongolian State flag at
around 20.30pm Mongolian local time on Saturday April 20th.