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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Metals & Mining Copper
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

Ivanhoe Mines Ltd > Western Forelands Ownership
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Comment by NotSoBrave004on Aug 12, 2021 11:47am
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Post# 33692610

RE:Western Forelands Ownership

RE:Western Forelands OwnershipCorrect. There is a difference between investing in projects and investing in companies. There is nothing that says you cannot do both at the same time. The Chinese decided to invest with other companies in the same project (Kk) including in this group IVN where they have interest. WF however is currently owned exclusively by IVN so no other company is invested in the project directly. The Chinese investment expands to the extent they are invested in IVN. They do not have any other direct investment in WF. Questions?
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