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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 Duniteon Dec 15, 2016 10:41pm
239 Views
Post# 25608186

Conference call....

Conference call....After listening to the call, I have some questions that the experts on this blog can probably answer. 1-What is the current world consumption of copper? 2-What is the world projected consumption of copper say five years from now? 3-What is China's consumption of copper and their projected consumption five years from now?......What is the current world production of copper and the projected production of copper five years from now? The reason I ask these questions is the following. This discovery is so big that it could cause an over supply and out strip world demand. The other copper miners around the world are not going away. And I know of several from Hudbay , Rio Tinto and Antofagasta that are bringing on large tonnage deposits from the Andes to the Northern Rockies about the same time as our deposits come on line. The other deposits in the copper belt will be coming on line also at the same time.....Over supply outstripping demand leads to one thing-depressed copper prices-Not good for any of us.
Bullboard Posts