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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 crow27on Nov 07, 2022 8:48pm
272 Views
Post# 35080646

RE:Citic ownership standstill?

RE:Citic ownership standstill?April 25, 2019 NR
CITIC Metal and Mr. Friedland are subject to standstill provisions. When the placement is completed, CITIC Metal’s standstill provision will be amended to a maximum ownership stake of 29.9%. Both standstills also will be extended until January 8, 2023. The standstill period has been agreed to be lengthened to provide sufficient time to bring the Kamoa-Kakula Project’s 6 Mtpa high-grade copper mine at the Kakula deposit to production, and to advance the first of its subsequent, planned expansions, as well as the Kipushi and Platreef projects. It is expected that Ivanhoe Mines’ entire shareholder base will benefit from the economic growth and significant cash flows that result from commercial production at three mines.
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