Thursday, March 25, 2010

Selling Earth Hour In The Mongolia Hellhole

IT says something of the narrow-minded obsessiveness of the WWF that, despite the state of emergency in Mongolia, its only interest in the country seems to be that its fatuous Earth hour will stretch from “Mongolia to Argentina … “, writes Richard North. In their freezing hellhole, there would probably be many hundreds of thousands of Mongolians who would be extremely happy to turn off their lights next Saturday as part of this WWF showboating, but for the minor detail that they don’t have any and, even if they did, there isn’t any electricity anyway.

Ivanhoe Mines Closes US$241 Million Private Placement With Rio Tinto

Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN), announced today that the company has closed its private placement with Rio Tinto that was announced on March 1, 2010.

Philippines donates $20,000 for Mongolian disaster

The Philippines donated $20,000 (P911,500) to Mongolia, helping the country’s efforts to adjust to zud, or winters which make it difficult for livestock to find fodder.