Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

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 bloomfield18on Mar 04, 2018 3:50pm

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Post# 27658638

RE:RE:RE:RE:RE:RE:RE:RE:The trading floor has descended into absurdity

The Central African Copper Belt is host to many massive sedimentary deposits of high tonnage, but grades are typically lower, 1 to 3% copper. It's the consistently. high grades of 5.5 to 6% and more, which make K-K so uniquely profitable. As operational costs remain constant, higher grades can generate ten times or better the profit than lower grade deposits. It's this combination, huge bulk tonnage + abnormally high copper grades which places K-K in a class of it's own. The same could be said about Kipushi, albeit with a smaller foot print.

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