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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
Comment by METACOMETon Jun 10, 2006 8:13pm
190 Views
Post# 10973133

RE: luke-what does this mean?

RE: luke-what does this mean?Luke What do you know about the folks at the Mongolian National Mining Association? Here is a quote from one of their recent newslettere: AROUND IVANHOE MINES Perhaps Mr. R. Friedland didn’t see in his even worst nightmares that his company would encounter severe protests in Mongolia. It won’t be an exaggeration to say that the company’s entire activities are objected. These protests and disapproval are expressed by almost daily demonstrations and strikes around the Government House. More oil was poured onto the fire by news about a recent sentence of Burmese citizens who protested Ivanhoe activities in Burma. Some well-known Mongolian scholars have expressed serious reservations about the draft Stability Agreement Mongolian Government was going to establish with Ivanhoe. It is very likely that Ivanhoe Mines would be upset with the content of the Stability Agreement as these very scholars are included in the Parliamentary Working Group to draft changes and amendments to the Minerals Law. It may even turn out that the Stability Agreement would not be established at all. In fear of losing their political ground and to secure more seats in the next Parliamentary elections, the lawmakers in the “besieged” by demonstrants Government House, might vote for not having such an Agreement at all with Mr. Friedland’s company. Furthermore, the fact that the company acquired a mining license before reporting its final explorations results qualifies the company as a corrupt company which violates Mongolian laws and bribes Government officials. Anyways, Ivanhoe Mines does not look good to Mongolian people. https://64.207.162.218/newsletter/index.php?option=com_content&task=view&id=23&Itemid=46 ..and this lead on another article dealing with Ivanhoe: “We are poised with a serious threat to our national security”, “For immediate attention – Mongolian leaders have sold their motherland” https://64.207.162.218/newsletter/index.php?option=com_content&task=view&id=26&Itemid=46
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