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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

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

Bullboard Posts
Comment by ursusbrumaeon Jul 25, 2015 1:26am
210 Views
Post# 23959353

RE:Zijin deal

RE:Zijin deal It would appear that the weakness down to about 0.90-1.00 owed to the uncertainty about the deal closure and the DRC vow to review the "legal status" of Kamoa, whereas the more recent rapid sell-off may be attributed to a general sector rout on lower commodity prices across the board, coupled with the escrow release in the past two days and shorting into it, with the momentum trade as icing on the cake.  One might even expect lower levels based on the cloud over Kamoa.  However, a 54% retracement over two months is a pretty good correction.
Bullboard Posts