Mongolia refuses to support Rio Tinto's (RIO -0.5%) efforts to raise as much as $6B in loans...

Mongolia refuses to support Rio Tinto's (RIO -0.5%) efforts to raise as much as $6B in loans tied to its Oyu Tolgoi gold and copper mine in the Gobi Desert, but might reconsider if its concerns over the project are resolved. The government doesn't have a veto over the lending, but the move could complicate RIO's relationship with its lenders. RIO had hoped to close financing for the project this quarter.

This Market Current was sent to 3,182 people who get email alerts on RIO.