Ivanhoe Mines' Executive Co-Chairman Robert Friedland, Chief Executive Officer Lars-Eric Johansson and Ivanplats' Managing Director Dr. Patricia Makhesha announced today that Platreef's Shaft 1 has reached the top of the high-grade Flatreef Deposit at a depth of 780.2 metres below surface. The achievement by the Ivanplats shaft-sinking team is the first time that the Platreef — a strongly mineralized, polymetallic belt [...]
Makoko is Ivanhoe's third major copper discovery in the DRC Makoko high-grade copper shows characteristics identical to the tier one Kamoa-Kakula Discoveries Makoko has been drilled over an area measuring 4.5 kilometres by 1.5 kilometres and remains open Drilling continuing on other Western Foreland targets Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that the company has made an [...]
CITIC Metal Co. Ltd. and CITIC Metal Group Limited announce the following transactions: CITIC Parent acquired from treasury, through its wholly-owned subsidiary, CITIC Metal Africa Investments Limited , an aggregate of 196,602,037 common shares of Ivanhoe Mines Ltd. on a non-diluted basis) at a price of C$3.68 per share for an aggregate subscription amount of approximately C$723 million . The Subscription was effected in [...]
This news release is issued by Robert Friedland pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Ivanhoe Mines Ltd. . Mr. Friedland's controlled affiliate, Newstar Advantage Ltd. , had previously pledged as security 121,639,343 class A Ivanhoe Mines common shares , which constitutes 12.0% of the 1,010,163,164 common shares of [...]
Robert Friedland, Executive Co-Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, are pleased to announce that Yufeng "Miles" Sun, President of CITIC Metal Group Limited, and Tadeu Carneiro, former Chief Executive Officer of Brazil-based Companhia Brasileira de Metalurgia e Mineração , have joined the Ivanhoe Mines Board of Directors. The new appointments, which became effective [...]
Ivanhoe's current cash position is approximately C$855 million CITIC Metal and Zijin Mining each purchased their Ivanhoe Mines shares at C$3.68 per share Robert Friedland, Executive Co-Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, today announced the completion of a major strategic equity investment totalling C$723 million in Ivanhoe Mines by CITIC Metal Africa Investments Limited , a [...]
Ivanhoe Mines announced today that Executive Chairman Robert Friedland will be a featured speaker at the prestigious China Development Forum's first fall summit in Beijing on September 16 this year. The conference's theme is A New Chapter for China's Reform and Opening-up. The China Development Forum, focusing on China's continuing opening up to the world, is organized by the State Council's Development Research Center [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, announced today that the private placement transaction with CITIC Metal Co., Ltd. announced on June 11, 2018, now has received all necessary recordals and registration with Chinese government regulatory agencies and the transaction is scheduled to close on September 19, 2018. Upon closing, Ivanhoe will receive gross [...]
Ivanhoe Mines announced today that the company is not aware of any company-specific reason that might be contributing to the recent decline in the company’s share price. The CITIC Metal Co., Ltd. C$723 million private placement remains on track to close in September. The placement is subject only to customary closing conditions, and recordals and registration with certain Chinese government regulatory agencies. In [...]
Ivanhoe Mines today announced its financial results for the second quarter ended June 30, 2018. All figures are in U.S. dollars unless otherwise stated. Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discovery in the Democratic Republic of Congo and the Platreef platinum-palladium-nickel-copper-gold [...]
Ivanhoe Mines announced today that it plans to issue its financial results and review of exploration and development activities for the second quarter of 2018 on Monday, August 13, 2018, before markets open in North America. About Ivanhoe Mines Ivanhoe Mines is advancing its three principal projects in Southern Africa: 1) Mine development at the Platreef platinum-palladium-nickel-copper-gold discovery on the Northern Limb [...]
This news release is issued by Robert Friedland pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to common shares of Ivanhoe Mines Ltd. . Mr. Friedland's controlled affiliate, Newstar Advantage Ltd. , has pledged as security 121,639,343 class A Ivanhoe Mines common shares , which constitutes 15.4% of the 791,808,589 common shares currently issued [...]