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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
Comment by bloomfield18on Aug 03, 2018 6:39pm
102 Views
Post# 28413215

RE:RE:RE:Trade War Talk Overrated

RE:RE:RE:Trade War Talk OverratedWe'll have to watch the USD / RMB exchange rate. It's possible funds flowing out of the country have precipitated the fall of the yuan. With Chinese debt estimated at 400% GDP, that is going to place a burden on China to prop up their currency. It could turn into a national pride thing, however, where the leadership does not want to appear weak, surrendering to Trump. It all depends on how quickly their economy stalls out, if at all. They may just decide let their currency fall, nullifying the 25% tariffs. USD/CAD has moved 25% in recent years. Investors didn't abandon Canada. The same could happen with USD/RMB. Investors could always hedge in currency markets as a form of insurance. Events don't always play out the way you expect.
Bullboard Posts