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 tiger6301on Nov 12, 2019 3:39pm

191 Views

Post# 30341715

RE:RE:RE:RE:RE:I wonder why the Japanese are not paying into Platreef ?

The Platreef and Kipushi are great projects, but BOTH keep burning cash without return for a long time. I believe IVN should hold these two developments, let concentrate on developing the copper mine(s) first to generate cash, then go back to the Platreef and Kipushi.

Otherwise, they may run out of cash and go back to the market before the 1st copper mine start.

tiger

bloomfield18 wrote: NewDayDawning,

ITOCHU is very prominent in China and are partners with CITIC. So, the Asian giants love each other. There could be any number of reasons why ITOCHU chose not to fund at this time, including the obvious: they have other priorities in the pipeline.

Their phone number in Tokyo is 03-3497-2121