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. 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.

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Ivanhoe Mines Ltd > Good news for Ivanhoe

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Comment by westcoast1000on Jun 13, 2021 1:19pm

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RE:RE:RE:RE:Good news for Ivanhoe

There nationalization by simply grabbing the mine will not work because of the chinese interests. They would not let that happen, even if military efforts at the mine and the related facilities is needed. The greater risk is a regional warlord holding the mine site for ransom.

Again the Chinese would not let that happen.

I would think (and hope, as a shareholder here) they have a strong security presence at the site and that it is well equipped with security staff (troops) and weaponry, all discreetly handled, to avoid those problems.

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