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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 Countrygenton Apr 25, 2011 11:59am
414 Views
Post# 18483175

Equinox

Equinox
If looking at the resource grades, tonnages, production costs ($1.45/lb) at Lumwana versus the price Barrick has decided to pony up to top Minmetal's hasn't got your pulse raised just a little ... then go have a look more closely, because we are seeing a new benchmark of valuation of mass tonnage copper reserves.

Looks very promising for IVN/ETG on the assumption RioT will want to consolidate their position or bring in a strategic partner or two.

Which may be why drills are turning with determined intent these days on the HNE!

CG
Bullboard Posts