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 > Copper Bulls Can See A Record Price Of $12,000/t

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Comment by guarantor1on Apr 09, 2024 6:49am

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Post# 35978304

RE:RE:Copper Bulls Can See A Record Price Of $12,000/t

Yup...

“So, really, this is like a power keg ready to explode as soon as the Fed cuts in the second half,” Friedland told Bloomberg.

And the growth, according to Friedland, is not just in China. “India, Europe and the rest of the world is all growing, and the demand for ESG and greening of the world economy remains very high.”

However, as he pointed out in a Bloomberg interview late last year, a copper price of $9,000 is far from enough to stimulate the industry: A price of $15,000 will be needed to actually spur new mines.

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