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 > China's copper imports in August dropped by 12.3%

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Post by Dragonflyinveston Sep 11, 2024 10:41am

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Post# 36218452

China's copper imports in August dropped by 12.3%

from the previous year, preliminary customs data showed on Tuesday, underscoring the weak demand in the world's largest consumer that is weighing on global prices.

Imports of unwrought copper and copper products came to 415,000 tonnes, down from the previous year's 473,000 tonnes and dropping for the third consecutive month. The decline is yet another sign of China's sluggish economy, particularly in fields such as the property sector and manufacturing."

China's copper imports fall 12.3% as weak economy restrains demand - Nikkei Asia

Expectations of share appreciation seems unrealistic during a major downturn in copper uptake.

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