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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 graffiti99on Aug 07, 2015 11:57pm
249 Views
Post# 23999864

RE:More readable version...

RE:More readable version...Awesome post, thanks for sharing your research! That's great stuff...Would like your opinion on something that has been bugging me. Why would the Congo agree to only 15% and the obligation to pay for it?  Shouldn't the Congo be entitled from a strategic natural resource perspective to much more for free, plus a royalty premium on the back end due to their circumstance as war-torn and empoverished? To the extent that Komoas size, depth and grade is so good, more of that share from the deposit should be given back to the host country, no? For example, Canada recently vetoed the takeover of Potash of Saskatchewan by BHP Biliton, on the grounds that the Potash deposit was a Canadian strategic natural resource. Komoa is far more valuable to the Congo, than Potash corp is to Canada...and the Congolese are far poorer per capita than the average Canadian.




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