RE:Rio Tinto to write off $2.3bn Oyu Tolgoi loan to MongoliaIt's all about focussing your investment in the right contry.(Canada)
""The Globe's Niall McGee writes that the acquisition of Great Bear would help Kinross reduce its exposure to geopolitically dicey Russia and West Africa, and increase its exposure to Canada.""
Places like Mongolia are high risk, RIO will double down on investments in Canada. IMHO
M2