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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 enero7on Nov 17, 2023 9:14pm
414 Views
Post# 35742223

RE:RE:Not even a fraction of 1% of the geological potential....

RE:RE:Not even a fraction of 1% of the geological potential....RF : And I'd like to tell this anecdote that one of the largest mining companies in the world came to visit, what we're doing and concluded that Kamoa-Kakula is the best mine in the world. They said they could never do it themselves, because they didn't have the foresight to be in the Congo 25 years ago when we were suffering under the tyranny of the net present value model. This is the future for mining of copper on this planet. And so we will, in the very near future, start out by announcing the work we've been doing at the Makoko system and another related area of high grade at Kiala. These two in combination are now being studied to make a mine that Ivanhoe Mines that operate in an 80/20 joint venture with the government in local Congolese. And so I would expect that we'll be able to give you those independently vetted numbers in the very near future. And thereafter, we're kicking around the idea of making a second disclosure of some work that's going on that is not part of the Makoko area. And for strategic reasons, we might not want to be too specific, but I think we'll have more to say in the second press release, let's say, before Christmas. So there'll be more news on this coming soon at a theater near you.
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