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

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Post by nextimeon Apr 04, 2023 11:06pm

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Post# 35380216

Oil spike adjustment.

It was interesting watching Mr. Market adjust to the oil price spike. I as most of us follow multiple miners and a least have a partial understanding to their sensitivity to energy cost. The less sensitive ones held up a little better than I expected. Most likely this is due to cost of copper (everything) just went up Monday. This bodes well for Ivanhoe. The good and bad news about $4.00 copper is it is equivalent to $3.76 copper a year ago.

GLTA

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