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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. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Post by ktannaon May 19, 2006 8:57pm
349 Views
Post# 10879378

i rest my case, i swear i saw this after

i rest my case, i swear i saw this afterfrom the IVN board https://mongolia.neweurasia.net/?p=202 Nice snippet from Luke's interviews "LD: Since you are doing all of this work on mining, especially with Ivanhoe, there was the new windfall tax profit bill passed last Friday and- SG: Yes this windfall tax…I would say to you….ok. The windfall tax law is a good law, BUT, that windfall tax percentage, that figure, 68% is wrong! It is too much! Normally, mining industries are taking around 37%. For example, 37%, more than 20% is going directly to the state budget and the short term and long term ideas are very important. Myself, I’m not really sure, maybe 40-50%, I think that is ideal. But I don’t want to tell you any more figures. We need to ask word wide respected experts and specialists. They will tell us maybe 30%, 55%, or 70%. But politicians shouldn’t decide these figures; they don’t know and they can’t do anything. They should ask the head of some specialists and negotiators and hold public discussions."
Bullboard Posts