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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

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

Bullboard Posts
Post by bloomfield18on Jun 16, 2018 11:59am
290 Views
Post# 28181550

Good Timing on Financing

Good Timing on FinancingA combination of rising US interest rates and high tariffs will put enormous pressure on overextended Chinese debt markets. If this continues for several months, Chinese growth must take a hit. Which means metal prices will take a hit. The DRC has become toxic for Western miners. Only those with current operations remain. Chinese state miners are still prepared to acquire additional projects in the DRC. However, six or twelve months down the road that financing may not be available. It depends how far this looming trade war goes. As it now stands, IVN has enough funds to continue for at least two or three years. Considering possible storm clouds in the macroeconomic forecast, this was an excellent time to lock down a major financing. If the threat blows over quickly, IVN share price must improve. If not, there are now plenty of funds to weather any storm.
Bullboard Posts