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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 enero7on Dec 18, 2022 10:09pm
459 Views
Post# 35178884

IVN Rebuttal

IVN RebuttalIvanhoe Mines (TSX: IVN; OTCQX: IVPAF) is composing a detailed response to the Globe and Mail article written by Geoffrey York and published on December 15, 2022. The company currently is collecting facts and details to address the many omissions and misrepresentations within the article and referenced report from U.S.-based organization the Sentry, and expects to release this fact-based response on Monday, December 19, 2022.

The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy. 
In order to track and analyze how armed conflict and atrocities are financed, sustained, and monetized, The Sentry uses open source data collection, field research, and state-of-the-art network data analysis technology, and works in partnership with local and international civil society organizations, journalists, and governments.
 
Co-founded by George Clooney and John Prendergast, The Sentry is a strategic partner of the Clooney Foundation for Justice.


I think they forgot to consult with the DRC on their investigation. DRC government owns 20% of Kamoa-Kakula Copper Project. 
Gecamines state-owned company owns 32 % of  Kipushi Zinc Project.

Shouldn't these people talk to the DRC government before publishing an incomplete report ? Or this Clooney foundation is accusing the DRC government.


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