Robert Friedland, Executive Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, announced today that CITIC Metal Group Limited has provided Ivanhoe Mines with an interim loan of US$100 million in accordance with a term loan facility that is an integral part of the long-term strategic cooperation and investment agreement between Ivanhoe and CITIC Metal Co., Ltd. announced on June 11, 2018. The [...]
CITIC Metal Group Limited announces that it has acquired control over 121,639,343 common shares of Ivanhoe Mines Ltd. on a non-diluted basis) effective August 6, 2018 pursuant to a Securities Pledge Agreement dated as of July 12, 2018 between Newstar Advantage Ltd. and CITIC . This press release is being issued pursuant to Canadian early warning requirements because the acquisition of control of the Common Shares, as [...]
Zinc-rich Measured and Indicated Mineral Resources increased to 11.8 million tonnes at 35.34% zinc, containing 9.2 billion pounds of zinc, 8.7 million ounces of silver and 24.4 million ounces of germanium In addition, copper-rich Measured and Indicated Mineral Resources increased to 2.3 million tonnes at 4.03% copper, containing 204 million pounds of copper, 1.6 million ounces silver and 1.4 million ounces germanium [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, announced today that CITIC Metal has completed its confirmatory due diligence and has received CITIC internal approvals necessary to complete the long-term, strategic cooperation and investment agreement with Ivanhoe Mines. The attainment of the milestones immediately followed a high-level site visit by senior CITIC [...]
Ivanhoe Mines announced the results of voting by shareholders for the election of the Board of Directors during the company’s Annual General Meeting held earlier today. The nominees listed in the management proxy circular dated May 11, were elected as directors, as shown in the following table of results. Director nominee Outcome Votes for % for Votes withheld % withheld Robert M. Friedland Elected 480,883,086 97.27 [...]
BEIJING, June 11, 2018 -- Robert Friedland, Executive Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, announced today that CITIC Metal Co., Ltd. , a wholly-owned subsidiary of CITIC Limited , has agreed to make a major investment acquiring a significant 19.9% stake in Ivanhoe Mines. ABOVE: April 23, 2003 – Ivanhoe Mines Chairman Robert Friedland and the then CITIC Group Chairman Wang [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, announced today that a large-capacity rock crusher now has been successfully installed 1,150 metres below surface at the upgraded Kipushi zinc-copper-silver-germanium mine in the DRC. The Sandvik jaw crusher has a maximum capacity of 1,085 tonnes an hour. After the 54-tonne mach...
VANCOUVER, British Columbia, May 09, 2018 -- The following statement by Ivanhoe Mines has been issued in response to a Media Statement published on May 8, 2018, by AfriForum, a South Africa-based organization, containing false and unsubstantiated allegations concerning the Platreef mine being developed by Ivanplats, Ivanhoe’s 64%-owned South African subsidiary, and the repetition of those statements in an article by [...]
TORONTO, May 08, 2018 -- Ivanhoe Mines today announced its financial results for the first quarter ended March 31, 2018. All figures are in U.S. dollars unless otherwise stated. Ivanhoe Mines is a Canadian mining company focused on advancing its three mine-development projects in Southern Africa: The Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; the Kamoa-Kakula copper discovery in the [...]
MOKOPANE, South Africa, May 07, 2018 -- Robert Friedland, Executive Chairman of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, announced today that a new agreement will provide local, treated water to supply most of the bulk water needed for the first phase of production at the Platreef platinum-group metals, nickel, copper and gold mine now being constructed in South Africa. Photo: Agreement signing [...]
VANCOUVER, British Columbia, April 30, 2018 -- Ivanhoe Mines advises all of its stakeholders that legal actions initiated against two mining companies in two disputes in the Democratic Republic of Congo in the past week have no connection whatsoever with Ivanhoe Mines, the company’s subsidiaries or Ivanhoe’s two major mine development projects in the DRC. In one of the reported actions, DRC state-owned mining [...]
VANCOUVER, British Columbia, April 25, 2018 -- Ivanhoe Mines announced today that the company has issued its initial Sustainability Report. The report provides an overview of Ivanhoe Mines’ sustainability programs and initiatives conducted in 2017, highlighting the significant accomplishments achieved and the new goals set for current and future corporate activities. The Ivanhoe Mines Sustainability Report 2017 has [...]