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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

Comment by cashtango00on Feb 14, 2022 8:28am
237 Views
Post# 34425594

RE:RE:RE:News

RE:RE:RE:NewsI have always seen Kipushi as an " extra" and not much of a game changer.  It should provide some very nice cashflow with amazing IRR and more importantly, get the DRC tighter with IVN.  One thing I found interesting was IVN has limited particpation in any more resources found outside of the existing FS of 12m tonnes as after the number is hit, the JV becomes 20% IVN 80% DRC.  I suspect there will be more resources delineated as there always are.  Although these negotiations went on for quite some time,  IVN may have ceded certain things with regards to Kipushi, to gain more leverage on other projects in the country.
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