Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Comment by chintzyon Dec 08, 2019 1:06pm

324 Views

Post# 30433677

RE:Copper

An excerpt from the Goehring & Rozencwajg Q3 Natural Resource Commentary stating that the Cu market is already in deficit:

Copper remains by far our favorite base metal. After a strong 2018, both copper and the related stocks have been lackluster performers so far in 2019. While investors remain concerned about Trump-related trade wars, they risk missing several critical bullish developments now showing up in the data. In September, the World Bureau of Metals Statistics (WBMS) made several revisions to an historical dataset that dramatically tightens copper’s supply and demand balances. Demand was revised higher in both South Korea and Russia by 100,000 tonnes in a market that has grown on average 500,000 tonnes per year over the past several years. More dramatically still, mine supply was revised lower by an incredible 500,000 tonnes in 2018 due to revisions in Zambia, Kazakhstan, and Indonesia. Looking forward, we predict disappointments in mine output will continue. Several major projects suffered delays or postponements including Rosemont in Arizona and most notably Oyu Tolgoi in Mongolia. Oyu Tolgoi, one of the most anticipated new mining projects in the world, announced major geotechnical problems in the development of its underground block cave operation. While it remains to be seen what ultimate impact this will have on the project, it has certainly resulted in a multi-year delay. Complicating matters further, political turmoil in Chile has resulted in widespread labor disputes there that will impact production. We believe the net result is a copper market that has already slipped into deficit and will continue. We are maintaining our copper investments, confident it has one of the best supply and demand outlooks of any commodity.

QWERTYUIOP wrote: a good day on friday hopefully the price of copper goes on this big run that a lot of dudes are expecting.

Ivanhoe gets a mention here

https://www.mining.com/us-payrolls-light-fire-under-copper-price/