Welcome To The Entrée Gold Inc. HUB On AGORACOM

A Premium Gold and Copper Exploration Company

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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sparkligwatr

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Mongolian Parliment amendments pave way for Mongolian developments

posted on Aug 25, 2009 08:10PM

Mongolian Parliment amendments pave way for Oyu Tolgoi development

The amendment of four laws including the repeal of a windfall tax, paves the way for Ivanhoe and Rio Tinto to develop the Oyu Tolgoi copper-gold complex.

Author: Mineweb Reporter
Posted: Tuesday , 25 Aug 2009

The Mongolian parliament has approved the amendment of four laws, including the repeal of a windfall profits tax, paving the way for increased investment in the country.

And, in particular giving a green light to the Investment Agreement between the Mongolian government, Rio Tinto and Ivanhoe for the Oyu Tolgoi copper-gold complex in Mongolia's South Gobi region.

The windfall profits tax on copper and gold will be canceled effective Jan. 1, 2011, well before the Oyu Tolgoi project is scheduled to begin production.

In a statement to the London Stock Exchange, Tom Albanese, chief executive, Rio Tinto said 'This is an incredibly important milestone in bringing onstream one of the finest undeveloped copper-gold projects in the world. The Investment Agreement is also a landmark for the future development of Mongolia's resources industry.

Under the terms of the Investment Agreement, the Government of Mongolia will hold a shareholding of 34 per cent in Ivanhoe Mines Mongolia Inc. Key terms include a stable and operational tax environment in relation to the development and operation of the Oyu Tolgoi Project and certainty as to the term of the investment.

Shares in Ivanhoe surged 15% on the announcement.

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