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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

Bullboard Posts
Comment by brianjoyce2on Dec 01, 2005 6:08am
299 Views
Post# 9949863

RE: Latest UB article on - Dec 1/05

RE: Latest UB article on - Dec 1/05Looks like UB Post a little worried about a lawsuit. Don't usually see a newspaper humble enough to bother to justify it's reporting on an issue. Of further interest was the byline further down about "Say No to Ivanhoe Mines ....etc" field trip offer to the news media. I live in an area that has long been economically depressed. Then land prices started going up and a long shut down coal mine was auctioned off for the land. At first long time locals were upset for the change and for the "big city" $$$ comiong in to by "their" hunting grounds. But a few years after it all happened down, everything is quiet and lo...the price of locals property benefited from big city $$$ jacking up prices. And locals benefited from new jobs (many new subdivision being contructed- good jobs) brought about by new $$$ in the community. So what I'm getting at is it is similar in a way to the situation in mongolia. Long suffering native population sees big changes coming and outsiders about to make $$$ and they resent it real big at first. They feel they should be the ones to benefit. But eventually everyone benefits and that quiets everyone down and they all live happily ever after. Hah! Brian
Bullboard Posts