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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 VOKBLVRon Dec 05, 2018 11:51am
279 Views
Post# 29068728

RE:Copper deals

RE:Copper dealsNo wonder resource plays have problems. If you listen to this poorly infomed panel discussing Teck and the QB2 project you would think that there was nothing to this story except  an unsustainable dividend in a risky business You would think that BNN would at least use resource based analysts to provide some balance.This is a large project with minimal downside risk where the presence of a partner putting in $1.2 Billion allows Teck to minimize their share of construction costs while maintaining control of a very large resource with about a 100 year reserve base and will balance Teck's exposure from a over dependence on coal to one which will get close to a balance between coal, copper, zinc and energy. How this transaction will affect Ivanhoe means that Kamoa-Kakula is now even more attractive as it shows that there are companies with available cash ready to move if the opportunity comes up. (QB2 grade is less than1% copper vs the first 10 year grade for Kakula at about 6% copper). We already have Zijin and CITIC on board and only await a FS and a clarification of who will be leading the DRC government and what will be the tax structure in the DRC- to my mind risks that will be reduced after the elections in theDRC as the Congo needs Mining to improve the lot of the citizens.
Bullboard Posts