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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.


TSX:IVN - Post by User

Ivanhoe Mines Ltd
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Post by Cainan2016on May 14, 2018 12:16pm
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Post# 28027160

BRIEF-Randgold Says Mining Firms Continue To Engage With DRC

BRIEF-Randgold Says Mining Firms Continue To Engage With DRC

May 14 (Reuters) - Randgold Resources Ltd:

* COMMISSION APPOINTED TO DRAFT REGULATIONS TO EFFECT 2018 DRC MINING CODE HAS OFFICIALLY COMPLETED ITS WORK

* RANDGOLD - COMMISSION WILL NOW REPORT BACK TO DRC MINISTER OF MINES WHO WILL WORK WITH INTER-MINISTERIAL COMMISSION AHEAD OF PRESENTING IT TO GOVERNMENT FOR APPROVAL

* INDUSTRY TEAM PARTICIPATED ACTIVELY IN PROCESS AND INFLUENCED A NUMBER OF REGULATIONS ARISING FROM NEW DRC MINING CODE

* RANDGOLD - CO’S REPRESENTATIVES SAID COMMISSION’S TERMS OF REFERENCE WERE RESTRICTED TO REGULATIONS, IT COULD NOT DEAL WITH KEY ISSUES, NOTABLY AROUND RIGHTS VESTED UNDER FORMER CODE

* DETAILED PROPOSAL DEALING WITH KEY ISSUES WAS SUBMITTED TO MINISTER OF MINES BY INDUSTRY ON 29 MARCH

 

* INDUSTRY IS STILL AWAITING A FORMAL RESPONSE TO THIS PROPOSAL

* COMPANIES REPRESENTATIVES SAID THEY WOULD CONTINUE TO ENGAGE WITH DRC GOVERNMENT AT ALL LEVELS Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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Dealroom for high-potential pre-IPO opportunities