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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Comment by Teatimenowon Aug 29, 2016 12:55pm

398 Views

Post# 25187414

RE:RE:news

indeed + IVN does anyway suffer a huge "Kongo" discount. Altough some other have proven you can operate there.
Take Banro Corp (T.BAA) (much smaller Co, with weaker management), but still their mines are up and running now, and produce free cash flow.
lucky RFWL that managed to buy a stream at huge discount back when mining markets were completely frozen
https://www.banro.com/news-events/news-releases/banro-closes-us675-million-stream-financing-20160216

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