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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 lookingon Jan 15, 2020 8:23pm
211 Views
Post# 30558273

Platreef financing

Platreef financing IVN news from 01 November 2017

On July 19,2017 ,IVN mines announced the appointment of 2 leading mine financing institutions,in addition to the 3 leading financial institutions appointed earlier this year,to arrange project financing for the development of Platreef project. The 5 mandated lead arrangers will make best efforts to arrange a total of approximately $1 billion US for the development of Platreef first phase plans, 4 MTPA mine. Preliminary expressions of interest now have been received for approximately 900 million US.
we are considering a shaft #1 smaller scale ....therefore we won't need to finance nowhere close what was first thought when we were considering a 2 shaft development. Money is not an issue ...either way RF is showing his strong hand as we will never see any production...we will be bought out ....show me the money...between 01 December 2020 and third quarter of 2021...

show me the money
Bullboard Posts