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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 crow27on Nov 07, 2022 8:48pm
298 Views
Post# 35080646

RE:Citic ownership standstill?

RE:Citic ownership standstill?April 25, 2019 NR
CITIC Metal and Mr. Friedland are subject to standstill provisions. When the placement is completed, CITIC Metal’s standstill provision will be amended to a maximum ownership stake of 29.9%. Both standstills also will be extended until January 8, 2023. The standstill period has been agreed to be lengthened to provide sufficient time to bring the Kamoa-Kakula Project’s 6 Mtpa high-grade copper mine at the Kakula deposit to production, and to advance the first of its subsequent, planned expansions, as well as the Kipushi and Platreef projects. It is expected that Ivanhoe Mines’ entire shareholder base will benefit from the economic growth and significant cash flows that result from commercial production at three mines.
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