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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 Croupier2on Nov 15, 2013 11:41am
246 Views
Post# 21909991

RE:RE:Why the huge selloff?

RE:RE:Why the huge selloff?Ivanhoe Mines has obtained regulatory approval for a transaction structure that the company contemplates would simultaneously provide locked up shareholders with a right to release and sale of locked up shares; would provide additional funding for the company's ongoing project development and would secure a strategic investor that would help to advance the overall development of the company's key projects. The company is in the process of discussion and negotiation with potential third-party participants in the transaction, with any such transaction subject to, among other things, finalization of definitive commercial terms with one or more of those third parties.
Bullboard Posts