Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd

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Comment by aldarion8484on Sep 12, 2006 12:50pm

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Post# 11351241

RE: Mongolia: The Miners' Friend

OK, so this boils down to 2 new things: 1) The coal situation has become problematic (to put it mildly) and 2) Although Jargo is being Jargo, he indicated that he doesn't support the windfall tax. Overall slightly negative, but not surprising from all the delays IVN has experienced trying to get the coal license through. My reading: The mongols are looking to trade in the windfall tax for the 34% stake

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