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.

TSX:IVN - Post by User

Ivanhoe Mines Ltd

Bullboard Posts

Comment by CuJunioron Mar 24, 2017 8:51pm

337 Views

Post# 26029304

RE:RE:Any guesses what the complete All-in costs will be per lb?

Thanks! The Dec 13 2016 PEA says a cash cost of $1.05 ($.42 is just the "mine-site" cash cost). Add capital costs of $1 billion and some other minor costs equals about $.20/lb approximately.

So it looks like a rough estimate is it will cost IVN $1.25/lb to produce. Huge margin!

Bullboard Posts

Cannara reports record growth and profitability in Q4 2023