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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 LittleMoneyon May 28, 2022 12:43am
311 Views
Post# 34714015

RE:RE:RE:RE:RE:RE:Patience is the name of the game.

RE:RE:RE:RE:RE:RE:Patience is the name of the game. After discovering Kamoa they drilled for about 10 years before finding Kakula. And WF is several times the size to search, so patience is most definitely needed. Much too early to call it a flop. When they get positive drill results they publish them in a hurry, no holding things back like some here seem to suggest. 

My belief is rising copper prices, continued increases in production, and other projects coming online, will make Ivanhoe a decent return over the next few years. And dreams of a big discovery in WF is like holding onto a lottery ticket, keeps me happy!

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