Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd. > Reuters

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Comment by NonCredibleSrcon Nov 02, 2021 11:34am

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Post# 34077411

RE:Reuters

And there will be another analyst revision to bring us back to a deficit....

Cobalt wrote:
LONDON/BENGALURU, Oct 27 (Reuters) - Copper prices are due to extend their decline next year from record levels touched in 2021 as mine supply ramps up and economic growth tapers in top market China, a Reuters poll found.

"Bearish macro drivers will dominate the copper market next year - a slowdown in Chinese growth and rising mine supply,"

Analysts have revised their consensus forecast for the copper market balance next year to a surplus of 82,000 tonnes from a deficit of 100,000 tonnes in the July poll.