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 AlwaysLong683on Mar 17, 2024 5:25am

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Post# 35937028

Copper Prices

Copper price on Friday was around $4.12.

The Long Term Copper Price Chart suggests copper is trading near its all-time highs.

Major Chinese copper Trader Wang Wei, head of copper trading at Shanghai Wooray Metals Group Co., sees the copper market facing a glut in 2024. He also believes rising supplies of scrap copper in China are worth watching as white goods that use copper and were bought by the emerging middle classes are approaching the end of their life (copper itself is a renewable resource as it is one of the few materials that can be recycled over and over again without a loss of performance).

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Sirios Resource discovers visible gold in Quebec