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 VentureTrader1on Feb 02, 2018 11:29pm

236 Views

Post# 27495265

RE:OMG I am a pumper

So, simplified - DRC wants Chinese investment, and cuts special deals for Chinese projects, subject to some specific terms. - IVN, with Chinese partners, is covered under this umbrella agreement - Therefore, recently announced tax changes (the excuse used to justify the sudden, shocking crash in IVN value) are not applicable. Correct interpretation? If it pans out, yes, could be a pretty sudden and shocking reversal. We'll see.

Bullboard Posts

How one company is disrupting PoC testing