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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 Sep 12, 2018 9:28am
195 Views
Post# 28603537

RE:RE:From the August 13 news release

RE:RE:From the August 13 news release You’re absolutely right, Chintzy. WF is 100% owned by IVN. So only IVN is operating the drills.That said, CITIC is now the  largest shareholder of IVN, followed by RF, then Zijin. Why would RF know what’s going on, but not CITIC, the largest shareholder? They are on the board. I find it hard to believe the Chinese are not aware of what’s going on at West Foreland. This is the DRC. Was WF a major factor in the $723 million placement? It couldn’t hurt, but IVN has so many terrific assets, that would be difficult to prove.The brief reference to WF in the August 13 news release indicates shareholders will be very satisfied with what is coming down the pipe shortly.
Bullboard Posts