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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Post by wawahunton Apr 04, 2012 5:12pm

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Post# 19760089

just more of the same .... Rio is p off

The Australian 2012-04-04: RIO Tinto has had more than $C460 million ($448m) wiped off the value of its investment inCanadian subsidiary Ivanhoe Mines after a company report showed a potential $US1.3 billion ($1.25bn) blowout in the capital cost of the Oyu Tolgoi mine and a one-third rise in expected operating costs. Despite Rio having a 51 per cent stake inIvanhoe, the technical report on the giant Oyu Tolgoi copper and gold mine in Mongolia was released to the market without a review or sign-off from Rio or the Rio-appointed Oyu Tolgoi board and does not represent Rio's views on the project. Login to read the rest of this article User... more »

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Advancing flagship Ishkõday Gold Project in Ontario