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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. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

Bullboard Posts
Comment by bloomfield18on Dec 02, 2019 10:39am
181 Views
Post# 30413080

RE:As a former shareholder

RE:As a former shareholderYou could have turned down Grasberg on the exact same political grounds of not wanting to invest in those nations that don't share Western values. As long as workers and the environment are treated correctly, the mine should be a positive influence on society. The only question at this point for investors, Western, Chinese, or anyone else, is what kind of deal is the government prepared to offer. The new mining law has acted as a strong brake on development. Yet the door remains open on a "case by case" basis. RF has invested a lot of time in forging friendly relations, and this may have an impact on the final arrangement.
Bullboard Posts