Ivanhoe Mines Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson today announced assay results from another 43 holes as part of the ongoing 2017 drilling campaign at the company’s Tier One Kamoa-Kakula Copper Project, near the mining centre of Kolwezi in the DRC. Exploration drilling at Kakula West, located on the western end of the currently defined high-grade, essentially flat-lying [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, announced today that negotiations are underway with government agencies – Gécamines, the state-owned miner and Ivanhoe’s partner at Kipushi, and Société Nationale des Chemins de Fer du Congo, the DRC’s national railway company – and potential project financiers to advance agreements to launch a new era of commercial [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2017) - Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) announced today that the company is not aware of any specific reason that might be contributing to the recent decline in the company's share price. Ivanhoe Mines is making excellent progress at its three mine development projects: Kamoa-Kakula, Kipushi and Platreef. While geopolitical tensions have been making news headlines [...]
Updated Mineral Resource estimate in May boosts tonnage of the Kakula Discovery's Indicated Resources by 75% to 116 million tonnes at 6.09% copper, and combined Indicated Resources at Kamoa-Kakula to approximately one billion tonnes at 3.02% copper Start of mine development work at Kakula Discovery highlights another busy quarter at Ivanhoe's three mine development projects in Southern Africa TORONTO [...]
First phase envisages annual throughput rate of four million tonnes a year, producing 476,000 ounces of platinum, palladium, rhodium and gold, plus 33 million pounds of nickel and copper Platreef Mine projected to be Africa's lowest-cost producer of PGMs, with cash cost of US$351 per ounce of 3PE+Au, net of by-products, and including sustaining capital costs Potential for relatively quick, capital-efficient expansion to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 20, 2017) - A report publicly distributed today by the U.S.-based Congo Research Group contains a number of references to Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) and its Kamoa-Kakula Copper Project in the Democratic Republic of Congo. The report purports to examine what it terms "the business networks" of DRC President Joseph Kabila and his family. Endnotes contained at the [...]
An initial story published by Bloomberg News on July 18, 2017, misleads readers with its headline, erroneous reporting and the omission of critical contextual facts that were known to the news organization. A second story, also published on July 18, contains a false allegation by Bloomberg that Ivanhoe Mines had corrected as part of a detailed statement of facts delivered to Bloomberg seven weeks ago. On May 26, 2017 [...]
Expressions of interest now received for approximately US$900 million of the targeted US$1 billion project financing LONDON, ENGLAND--(Marketwired - Jul 19, 2017) - Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF), and Lars-Eric Johansson, President and Chief Executive Officer, announced today that the company has appointed another two leading mine-financing institutions - KfW IPEX-Bank (KfW [...]
Ivanhoe Mines has issued the following statement in response to a story published by Bloomberg News earlier today.) A story published by Bloomberg News today misleads readers with a false and damaging headline and contains erroneous and misleading claims concerning Ivanhoe's success at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo. The article also deliberately omits critical facts that previously [...]
Ivanhoe Mines announced today that, further to its news release dated May 17, 2017, the company has filed a NI 43-101 technical report on the updated Mineral Resource estimate for the high-grade Kakula Copper Discovery at the Kamoa-Kakula Project in the DRC. The Kamoa-Kakula Project is a joint venture between Ivanhoe Mines, Zijin Mining and the DRC government. The independent NI 43-101 technical report for the updated [...]
Ivanhoe Mines has announced the results of voting by shareholders held during the company's Annual and Special Meeting earlier today for the election of the company's Board of Directors. The nominees listed in the management proxy circular dated May 8, 2017, were elected as directors, as shown in the following table of results. Director nominee Outcome Votes for % for Votes withheld % withheld Robert M. Friedland [...]
Ivanhoe Mines announced today that it has received the fifth and final installment of US$41.2 million owing from a subsidiary of Zijin Mining Group. as part of a strategic co-development agreement under which Zijin acquired 49.5% of Ivanhoe's majority stake in Kamoa Holding Limited. Kamoa Holding has an indirect 80% interest in the tier one Kamoa-Kakula Copper Project, in the Democratic Republic of Congo, now being [...]
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