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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
Post by aproposon Apr 10, 2017 8:47am
396 Views
Post# 26099355

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All Technical Events
10 bullish 
Closest target $6.00 - $6.30
Strategic discussions continuing with potential partners

Mr. Friedland also noted that strategic discussions concerning Ivanhoe Mines and its projects are continuing with several significant mining companies and investors across Asia, Europe, Africa and elsewhere. Several investors that have expressed interest have no material limit on the provision of capital. There can be no assurance that the company will pursue any transaction or that a transaction, if pursued, will be completed.

Given the substantial increase in investor interest following the remarkable growth of the Kakula Discovery, the company has increased the frequency of organized visits for investors and banking analysts to its three mine development projects, including the massive exploration program at Kakula.

Mr. Johansson said it is important for analysts and investors to gain a first-hand understanding of the progress being made at all of Ivanhoe's projects and the scale of the Kakula Discovery. A group of analysts completed a visit last week; the next scheduled visit to the sites is May 18 to 21. Ivanhoe and Zijin Mining will host a one-day tour of the Kamoa-Kakula Project on June 22 for some of the delegates to the DRC Mining Conference in Lubumbashi.

Bullboard Posts