RE:RE:RE:BOUGHT DEAL!!!
Al,
I'm thinking the big boys totally understand what it takes to bring Kipushi and Kamoa into production,,,,, location is everything.
Kamoa, world class, undeveloped high grade copper deposit located in Katanga Province.
Tenke Fungurume is also in Katanga Province.
One of the world's largest known copper-cobalt resources.
Freeport- McMoRan Copper & Gold Inc. ("FCX" or "Freeport") is the operating partner holding a 56% interest. Lundin Mining holds a 24% interest and La Générale des Carrières et des Mines ("Gécamines"), the Congolese state mining company, holds a 20% free carried interest in the project. Owing to the carried interest of Gécamines, capital funding is provided by FCX and Lundin Mining as to 70% and 30%, respectively.
The Fleurette Group is partnered with Glencore on Mutanda and Kansuki, two adjacent copper and cobalt projects in the Katanga province. Mutanda and Kansuki merged in July 2013 to create a major copper asset in the DRC.
Glencore holds 69% and Fleurette Mumi Holding Ltd holds 31% of the company.
The DRC is open for business and IVN's performance will reflect those policies as this
incredible opportunity unfolds..............