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 idleweisson May 23, 2017 4:01pm

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Post# 26274236

RE:China’s Zijin pays off stake in Ivanhoe’s Congo copper proje

300000 tonnes a year = 661386787 pounds of copper.
IVN share = 661386787 * $2.50 per pound * 40% = $661386787
Is that a coincidence? Let us say that the Congo government takes 50% off the top and not after expenses. That still comes to approx $330000000 per year. (before expenses)

Is my math wrong? There could still be more copper at KK.

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