Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

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 newdaydawningon Jan 23, 2016 4:10pm

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Post# 24487421

Pertinent facts about the Congo from World Bank

GDP: $33.12B - 2014

POP: 74.88M - 2014

GNI (Gross National Income) per capita: $380.00 - 2014

Percentage below poverty line: 63.6% or 47.6M - 2012

Based on these facts alone, the Democratic Republic of Congo is hardly in a position to alienate foreign investment in its considerable diamond, gold and copper resources. By addressing the plight of the poor, Kabila may very well find a way to cling to power peacefully. But if the poor turn against him, it's anybody's guess as to the outcome.

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