Drilling Intersects the Highest-Grade Intersection Ever Drilled at Ivanhoe Mines' Kamoa-Kakula Project, with an Estimated Grade of 18.0% Copper Over 18.86 metres, at a 2% Cut Off
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - August 18, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that drilling in the central part of the Kamoa North Bonanza Zone has returned another visually spectacular intersection of thick, ultra-high-grade copper mineralization. While assays for the hole (DD1571) are pending, Niton (X-ray fluorescence or XRF) analysis on core from the hole returned copper grades...
2019-08-18 11:00 PM EDT
Ivanhoe Mines Completes Strategic Equity Investment of C$612 Million (US$459 million) from China-Based CITIC Metal
Beijing, China--(Newsfile Corp. - August 16, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), today announced the completion of the second major strategic equity investment totalling C$612 million (approximately US$459 million) in Ivanhoe Mines by CITIC Metal Africa Investments Limited (CITIC Metal Africa), a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal), one of China's leading international resources companies. The investment...
2019-08-16 7:30 AM EDT
Ivanhoe Mines Issues Second Quarter Financial Results and Review of Mine Development and Exploration Activities
CITIC Metal and Zijin Mining to invest an additional C$679 million (US$515 million) in Ivanhoe Mines on August 16, 2019, positioning Ivanhoe to fully finance its share of capital costs to bring the Kakula Copper Mine in D.R. Congo to commercial production Drilling expands the new Kamoa North Bonanza Zone to at least 550 metres, with an implied strike length of 2.7 kilometres of shallow, thick, massive sulphide mineralization, with copper grades up to 18.48% over 13.6 metres New Kamoa Far...
2019-08-08 7:30 AM EDT
Ivanhoe Mines Comments on Share Price
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) 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. CITIC Metal Africa Investments Limited's (CITIC Metal Africa) C$612 million ($464 million) second equity investment in Ivanhoe Mines is scheduled to close on August 16, 2019. The private placement transaction at a p
2019-08-07 2:54 PM EDT
CITIC Metal's C$612 Million (US$465 Million) Second Equity Investment in Ivanhoe Mines to Close August 16, 2019. Additional C$67 Million (US$51 Million) to Be Received Concurrently from Zijin Mining
Beijing, China--(Newsfile Corp. - July 30, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that the private placement transaction with CITIC Metal Africa Investments Limited (CITIC Metal Africa), a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal), announced on April 25, 2019, now has received all necessary recordals and registration with Chinese government regulatory agencies and the transaction is scheduled to...
2019-07-30 8:30 AM EDT
Ivanhoe Mines: Drilling Extends Strike Length of the Shallow, Thick Copper Discovery at the Kamoa North Bonanza Zone to at Least 550 Metres, With an Implied Strike Length of at Least 2.7 Kilometres
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - July 29, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that the strike length of the shallow, thick, massive copper sulphide mineralization at the Kamoa North Bonanza Zone that was discovered earlier this year in drill hole DD1450 (13.05% copper over 22.3 metres (true thickness), at a 2% copper cut-off grade) on the Kamoa-Kakula mining licence in the Democratic...
2019-07-29 8:26 AM EDT
Ivanhoe Mines Announces Results of Voting for the Election of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual and Special Meeting held earlier today. The nominees listed in the management proxy circular dated May 16, 2019, were elected as directors, as shown in the following table of results. Director nomineeOutcome
2019-06-28 1:31 PM EDT
CITIC Metal receives internal approvals necessary to complete its C$612 million investment in Ivanhoe Mines
Zijin Mining’s exercise of its anti-dilution rights will generate an additional C$67 million Funds will be used by Ivanhoe to fully finance its share of capital costs to bring the Kakula Mine into commercial production Beijing, China – Robert Friedland and Yufeng “Miles” Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that CITIC Metal Co., Ltd. (CITIC Metal), has confirmed to Ivanhoe that it has received its internal approvals necessary for its subsidiary CITIC...
2019-06-25 7:30 AM EDT
Construction of Permanent Highway Linking the Kamoa-Kakula Copper Project to Kolwezi Airport Approximately 25% Complete
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 24, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that with the onset of the dry season in the Democratic Republic of Congo (DRC), construction of the new highway directly linking the Kamoa-Kakula Copper Project to the Kolwezi airport, located southeast of the city of Kolwezi, is progressing rapidly. The new 34-kilometre, east-west road is approximately 25%...
2019-06-24 7:30 AM EDT
Ivanhoe Mines corrects factually inaccurate statement made by Reuters
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2019) - An article published online today by Reuters headlined "Congo deploys army to protect China Moly's copper mine from illegal miners" contains an inaccurate statement about Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) that could have been avoided had reporter Aaron Ross fact-checked the story with the company before it was published. Contrary to what was reported in the story, Ivanhoe Mines has not made any statements about illegal...
2019-06-19 4:48 PM EDT
Ivanhoe Updates Kakula Copper Mine Construction Progress
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 17, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that excellent progress is being made in the construction of the Kakula Copper Mine - the stage one, six-million-tonne-per-annum (6 Mtpa) operati
2019-06-17 7:14 AM EDT
Ivanhoe Mines issues its second annual Sustainability Report
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has issued its second annual Sustainability Report. The report provides an overview of Ivanhoe Mines' sustainability programs and initiatives conducted in 2018, and highlights the significant accomplishments achieved at its three mine development projects and the new goals set for current and future corporate activities. The Ivanhoe Mines Sustainability...
2019-06-10 7:30 AM EDT
Zijin Mining Exercises its Anti-Dilution Rights, Generating Additional Proceeds for Ivanhoe Mines of C$67 million (US$49 million)
Beijing, China--(Newsfile Corp. - May 15, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that further to the company's news release on April 25, 2019, where it announced that CITIC Metal, through a subsidiary, is investing an additional C$612 million (US$454 million) in Ivanhoe at C$3.98 per share, Zijin Mining Group Co., Ltd. has fully exercised its anti-dilution rights, also at C$3.98 per share, generating additional...
2019-05-15 6:44 AM EDT
Ivanhoe Mines Issues First Quarter Financial Results and Review of Mine Development and Exploration Activities
Toronto, Ontario--(Newsfile Corp. - May 8, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today announced its financial results for the quarter ended March 31, 2019. 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 palladium-pla
2019-05-08 7:09 AM EDT
Drilling Extends Strike Length of the New, Shallow, Thick 'Kamoa North Bonanza Zone' to at Least 350 Metres, with an Implied Strike Length of at Least 2.7 Kilometres
Assays confirm copper grades up to 18.48% over 13.6 metres in the new discovery area Four rigs drilling at Kamoa North to delineate the extent of the discovery and assess its potential to be fast-tracked to production to increase Kamoa-Kakula's early copper grades East-west-striking fault structure associated with the Kamoa North Bonanza Zone can be traced for up to 20 kilometres onto the adjacent Western Foreland exploration licences that are 100%-owned by Ivanhoe Mines
2019-05-02 7:51 AM EDT
Ivanhoe Mines Corrects Factually Inaccurate Statements Made by The Globe and Mail Newspaper
Toronto, Ontario--(Newsfile Corp. - May 2, 2019) - An article published online yesterday in the Report on Business section of the Canadian Globe and Mail newspaper contains simplistic errors and omissions that could have easily been accurately reported. The Globe and Mail reporter Niall McGee claimed that CITIC Metal Group Ltd. had invested in Ivanhoe over the "past few years", when in fact CITIC Metal has only invested since September 2018 - a period of approximately 8 months. More...
2019-05-02 12:43 AM EDT
Tony Giardini Appointed President as Ivanhoe Mines Moves to Its Next Phase of Growth from Explorer to Producer
Toronto, Ontario--(Newsfile Corp. - May 1, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that the company has appointed Tony S. Giardini as its new President, effective today. Mr. Johansson, who has served as Ivanhoe's President and Chief Executive Officer since May 2007, has advised the company's Board of Directors that he will retire at the end of June 2019. Mr. Johansson will work alongside Mr. Giardini until then...
2019-05-01 7:00 AM EDT
CITIC Metal to Invest an Additional C$612 Million (US$454 Million) in Ivanhoe Mines at C$3.98 per Share
Beijing, China--(Newsfile Corp. - April 25, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe
2019-04-25 7:34 AM EDT
Ivanhoe Mines Establishes Long-Term Relationship with Innovative, Privately-Held, Technology and Metals Company, High Power Exploration (HPX)
Ivanhoe Mines and HPX establish a framework for technical and project collaboration across a diverse global asset portfolio Ivanhoe Mines to provide HPX with a US$50 million secured loan facility, convertible into HPX shares or at least a 25% interest in an HPX Tier One copper-gold exploration and development project in the United States HPX to provide Ivanhoe Mines with access to its best-in-class suite of proprietary exploration hardware and software The relationship provides the...
2019-04-25 7:29 AM EDT
Ivanhoe Mines Executive Co-Chairman Robert Friedland to give keynote presentation at the 18th CRU World Copper Conference in Santiago, Chile on April 9
Santiago, Chile--(Newsfile Corp. - April 8, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that Executive Co-Chairman Robert Friedland will be giving a keynote presentation at the 18th CRU World Copper Conference in Santiago, Chile, on April 9, 2019 at 11:30am local time. The World Copper Conference attracts more than 500 delegates and is one of the most important gatherings in the mining industry. Mr. Friedland will provide updates on the rapid progress being made in the...
2019-04-08 5:00 PM EDT