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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

Post by cashtango00on Mar 07, 2024 8:36am
158 Views
Post# 35920009

copper heating up...new ETF

copper heating up...new ETFSprott has just launched a new ETF this month that is a pure copper play.  Looks like an inexpensive way to invest in the metal with an MER of .65% and can give an investor a way to buy into a diversified portfolio of the sector.   IVN is the 7th largest holding at just under 5 %.   FCX is the largest at just over 20%.   No doubt to take advantage of growing interest in the metal.  Their timing is good with copper on the move.  
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