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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 newdaydawningon May 21, 2019 7:01pm
221 Views
Post# 29761510

Good News: Katumbi returns to DRC

Good News: Katumbi returns to DRCWe should salute the return of Moise Katumbi to DRC. The former governor of the mineral-rich Katanga Province has a very powerful political base and is arguably the most mining-friendly, pro investment power broker in DRC. This is great news for all miners in DRC.

Opposition leader returns from exile

On Monday (May 20), DRC opposition leader Moise Katumbi returned home from three years in exile, one of a series of indicted politicians cleared under Tshisekedi's administration.

Thousands of supporters turned out to welcome Katumbi's arrival at the airport in Lubumbashi, the main city in his political heartland in the copper-mining Katanga region.

"I'm happy to be back home, the truth always triumphs," Katumbi said.

Tshisekedi has pardoned 700 prisoners including three political opponents Kabila since coming to power.

His supporters have claimed the moves point to a new era of political openness in the DRC after years of suppression of opposition figures.

https://www.aljazeera.com/news/2019/05/dr-congo-president-tshisekedi-names-prime-minister-190520150351040.html

Bullboard Posts