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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

Comment by NonCredibleSrcon Jul 19, 2021 7:47am
246 Views
Post# 33568013

RE:News Out

RE:News OutLove s few of the highlighted areas!  Phase 1 200,000 tonnes expected....GREEN GREEN GREEN producer!  Win Win...

Phase 1
200,000 tonnes @ ~US9450/tonne = 1,880,000,000 USD
40% IVN and Zijin = 752,000,000 USD each rev
20% DRC = 376,000,000 USD revenue for the Congoleese outside of all of the current paychecks and supported social services already in place.

Subsequent phases just double and triple these values!

What a huge win for everyone involved!

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