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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

Post by idleweisson Dec 17, 2021 5:26am
623 Views
Post# 34239606

Ivn phase 2

Ivn phase 2
With the completion of phase 2 ivn will be capable of producing 400000 tonnes of copper. Their share at 40 percent will already be greater than the copper being produced by first quantum at Cobre Panama (approximately 300000 lbs). Then, we will have platreef coming along and the phase 3 concentrator. Not to mention WF. Phase 3 should add another 150000 lbs of copper to our share at the very least. But I think Platreef is the jewel in the crown. The indicated resources for the PGMs is quite unbelievable. Many years ago I purchased some rhodium from Kitco. Very little - but I am now sitting on some very expensive property. And Platreef has it all. If you haven't noticed the price of Zinc has started to move up because mines are being shuttered in Europe due to the high fuel costs. If Gecamines can get their act together we can start Kipushi. It should be easier now that the jerk at Gecamines has been fired by the President. Let's see what happens.
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