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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 marben100on Dec 09, 2016 2:31pm
245 Views
Post# 25577768

RE:RE:How many meters left before IVN mines platinum?

RE:RE:How many meters left before IVN mines platinum?Note that completion of shaft 1 is far from sufficient for mining to begin. It will facilitate mine development and further reserve definition. To commence mining proper, shaft 2 (for ore haulage) will need to be constructed, as will a mill to process the ore.

However, I expect Ivanhoe to be taken over (or to have concluded other corporate transactions) long before that point! Nice to see a lively share price today. ;-)

Note that Capn. Bob said on 22nd November:

"In addition, and further to Ivanhoe's August 29, 2016, announcement that it was exploring strategic options to help address unsolicited interest that has been received regarding potential corporate and project opportunities, Ivanhoe remains engaged in friendly and detailed discussions with potential strategic partners and investors relating to the company and its projects."

Disclosure: I hold shares in this company.

Cheers,
Mark
Twitter @marben100

Bullboard Posts