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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 Aurum1983on Dec 12, 2018 10:31am
207 Views
Post# 29102865

RE:RE:RE:Gecamines....

RE:RE:RE:Gecamines....I see this as good news. DRC needs money badly right now so this aggressiveness is expected but the "negotiation" seems to be progressing. They have more or less of a model now, referring to the recent deal with China-HK. China is also our partner so...why should it be a concern for us again? In any event, even if the new DRC attitude is bad for the mining industry in general and will kill off many projects in general - it will not stop IVN. Just makes commodity price go higher and our projects more sought-after - easier to sell or get financing. Most people see the news and get the immediately obvious, but few see the real picture. Just chill and enjoy the ride.
Bullboard Posts