Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Copper

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.

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Ivanhoe Mines Ltd

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Comment by bloomfield18on Oct 09, 2019 1:24pm

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Post# 30212821

RE:RE:Chinese Companies own another 1.08% of the Company

Waiting,

Both CITIC and Zijin are state miners that trade on exchanges. As such, they'll work together to develop the property

Like you said, sometimes people need the money for something else. Friedland only sold a small portion of his holdings. I'm sure they would have been prepared to buy everything he's got for $3.98. Obviously he doesn't want to do that. And the only logical reason he wouldn't want to do that is because he thinks the Company is worth more.

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