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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 Muffybell1on Jan 22, 2023 9:48pm
252 Views
Post# 35239015

RE:RE:All Metals

RE:RE:All MetalsUnfortunately, we don't have any moly, but the other metals have no alternative but to go higher since in the foreseeable future, the industry will not be able to supply the demand no matter what they do since there are not enough of potential mines sitting and waiting to be put into production. The reason is simple, we have not had the interest and hence money put into exploration over the last few decades to be able to find them. It also appears that they are much harder to find than say 50 years ago because since we started the industrial revolution, any easy mines with surface exposure have been found and put into production. Kamoa and Kakula were found because of some great geologists theory and projections because they are under alluvial cover. Without any out cropping, they are not easy to find. The saying goes, that the cure for high prices are high prices, since supply of commodities seem to come on streem once prices go high enough, but in the case of copper for instance, as the dmand rises so will the price but here is the problem, We simply DON'T have enough in the discovery proven state to be able to even come close to what the demand is, so than it beckons a question of how high can the price go and what will make it stop rising. So far, there is absolutely NOTHING that will make it do so. 
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