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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

Comment by coocoologyon May 09, 2021 5:07pm
263 Views
Post# 33162452

RE:RE:RE:RE:Ivanhoe W.Foreland Concession

RE:RE:RE:RE:Ivanhoe W.Foreland Concession

It won't be the western majors who will take a run at IVN, it's China. Look at the current major shareholders...China is already deep. They're not going to let the steady stream of high grade copper for decades slip out of their hands on projects they built and financed. Upside is huge for IVN, but the political risk that we bear is not DRC but rather China. It all depends if they want to keep access to world capital markets to develop future projects like WF. 

Stitches wrote:

On one hand it would be a shame to have a major move in buy the company out before we see what IVN could have done with this find, but on the other hand if huge $$ were offered, I may be persuaded, but I will hold to the end with a huge smile on my face. Way to go, everyone involved in this very successful company. Long and strong, ( right now I am humming the theme of the show Ivanhoe for those of you that go that far back). 

Stitches



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