Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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

Ivanhoe Mines Ltd.

Bullboard Posts

Post by steve97on Dec 02, 2008 9:01am

484 Views

Post# 15622113

50% workers & 10% of staff laid off

OYU TOLGOI has cut 50% of it's workers and 10% of office staff. 2009 budget slashed by 70%. Those numbers can be misleading, if the $$$$ spent, is no longer needed as pre-work at the site is nearing it's completion. Same with the workers. Who knows. Not alot of details in the report.

https://www.mongolia-web.com/content/view/2128/154/

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects