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Ivanhoe Mines Ltd. IVPAF


Primary Symbol: T.IVN

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Comment by cashtango00on May 22, 2024 7:57am
270 Views
Post# 36051458

RE:Takeover of IVN

RE:Takeover of IVNThat's a good question KITCHENSINK.  I don't know the answer but it does show how ridiculous Canada has become.   A  Canadian company essentualliy trying to raise funds to finance an operation in South America and can't because the Canadian Government.  I remind the board, one of the main reasons that Chinese entities play such a large part in IVN's development is because no one in North America would finance them.   Even after it was clear that IVN had a world class discovery, very few brokerages covered them beause they had no vested interest.

The reality is, if a company wanted to, they could just redomicile to another jurisdiction to by pass Canada's anti business laws.  Ovintiv ( formerly Encana) did it because they were done with the Canadian government's energy policies and they have significant assets in Canada.  IVN only has an office in Canada.  

I suppose its all speculation at this point, but I can see some corporate restructure coming down the pipes at some point.  There has long been talk of a South Africian spinoff and RF alluded to what sounds like something outside normal operations in the fall.  We shall see.  
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