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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
Comment by norim109on Jan 13, 2017 6:10pm
355 Views
Post# 25706939

RE:DRC mining nws

RE:DRC mining nwsThis news is rather a good news for IVN. Gertler and his closed association with Kabila and most of the questionable deals in the mining and oil sectors of the country (remember First Quantum) usde to represent one of the largest political risk in the DRC.

The fact that Gertler is now planning to sell his DRC assets is an indication that he will no longer interfere in the sector. He will likely leave the country before a new government is in place. 

To get an idea of the negative role this man had on the mining sector of the DRC you just have to google his name. 
Bullboard Posts