Mongolia has asked Rio Tinto, its partner in the huge Oyu Tolgoi copper and gold mine in the Gobi desert, not to further increase its estimated $7.06 billion budget for the project's expansion, its mining minister told Reuters. The two partners have only just ended a long-running tussle over the underground expansion of the mine, which is behind schedule and over budget, with Rio last year agreeing to waive $2.4 billion in debt owed to it by the government and commit to a structure that did not require additional loan financing. "The government has asked Rio Tinto to not increase the budget," J. Ganbaatar, the minister for mining and heavy industries, told Reuters on Jan. 16 in a video interview.
These FTSE 100 shares trade on rock-bottom P/E ratios and offer index-beating dividend yields. But do these qualities make them top picks for investors? The post 2 dirt-cheap FTSE 100 dividend shares! Which should I buy in February? appeared first on The Motley Fool UK.
With FTSE 100 dividend payments expected to hit an all-time high this year, here are two mining shares I'm buying to earn passive income. The post Dividend shares: 2 FTSE 100 miners to buy for massive passive income appeared first on The Motley Fool UK.