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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 graffiti99on Aug 06, 2015 11:39am
163 Views
Post# 23994323

Does the Zijin deal delay cause a funding crunch?

Does the Zijin deal delay cause a funding crunch?Obviously with the Zijin deal delayed, the $200M was not likely transferred to Ivanhoe. Does this not cause a funding crunch???  IVN was running out of time when they announced the Zijin deal...They will either need to borrow or dilute shareholders with another round of equity. I would expect activity at the Congo mines to cease soon since other IVN funds are reserved and allocated for Platreef.

Here's the article from last year:
https://www.reuters.com/article/2014/05/15/ivanhoe-mines-mines-idUSL3N0O159W20140515
Bullboard Posts