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. 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.

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Ivanhoe Mines Ltd > Why “Green Copper” Is in Soaring Demand

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Comment by chintzyon Feb 21, 2022 10:14am

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Post# 34447671

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Why “Green Copper” Is in Soaring Demand

SMRs sound really good...looks like 10 years away though.

VellyJelly wrote:

chintzy wrote: Well it's a relative question. Do you think the cost of harnessing the energy from rushing water will rise to the same extent as the price of oil with shortages coming because of lack of investment, ESG etc? Unless the Congo river is drying up, the hydro isn't becoming less abundantly produced plus it has few inputs - requires some turbine maintenance and what else? Hydro and diesel are completely different inflation scenarios.

And it's always a relative comparison between K&K and other mines. It's the delta between us and the marginal producer which is the profit which I think will be huge based on that chart of demand going up to what 28 million tonnes/year in a few years. No way that we can produce that quantity. Some really high cost mines would have to be producing at the margin except very few new projects even being contemplated so what happens when we can't produce much over 25 million, if that? Substantial deficits coming annually. Escondida's headgrade down to about % .3 and still pumping it out, our grade 15-20X higher. Focus on the delta. Our grade is a massive advantage over other producers and the hydro kicks it up another notch or 2.

But damn inflation is not fun. I'm in a developing country and I'm feeling anxiety thinking about how inflation will hit a country like this with so many people just able to meet daily expenses. People are already complaining about ongoing rising food prices, things could get really difficult for a lot of people for a good long while.

VellyJelly wrote:

VellyJelly wrote:

chintzy wrote: "Everything" is going to get us guys, inflation of anything and everything: pork bellies, sugar, coffee, underwear, fertilizers, uranium....rising prices of those commodities and all others could sap all of our profits from $8 copper. You've been warned, continue holding at your peril.

When everything costs more so does hydro. I didnt say ivn wouldnt be economic. It will be because its in the bottom quartile of cu producer cost. Or will be. Everything trades at the margin. cu will trade just above the average industry cost to produce.

VL

To say otherwise is to say theres no relationship between the cost to produce something and the selling price.

I will do a bit of research on the costs involved in hyrdoelectic power generation costs. And heres something else which looks interesting.

https://www.nrcan.gc.ca/our-natural-resources/energy-sources-distribution/nuclear-energy-uranium/canadas-small-nuclear-reactor-action-plan/small-modular-reactors-smrs-for-mining/22698

VJ