The Board members of Oyu Tolgoi who went to London for talks with Rio Tinto announced on October 7th that both parties will hold the second round of negotiations over issues regarding the massive project in Ulaanbaatar.

The Minister of Mining, D.Gankhuyag commented on the negotiation saying that “OyuTolgoi`s board is expected to keep negotiating on the issues. The information will emerge only after both parties have reached a solution. Personally I have no news yet.”.

The Prime Minister of Mongolia, N.Altankhuyag also commented on the negotiations over the Oyu Tolgoi issues saying the “Three board members of Oyu Tolgoi have arrived from their mission for talks with Rio Tinto. The parties agreed to discuss the unsolved issues in Ulaanbaatar. Rio Tinto representatives have not yet arrived for the talks. Nonly the idividuals who are in charge of technical issues have come to Mongolia. I hope the Rio Tinto officials will arrive next week for the talks over the Oyu Tolgoi negotiation.”.