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ivanhoe mines ltd-cl a (IVN) Snapshot

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ivanhoe mines ltd-cl a (IVN) Details

Ivanhoe Mines Ltd. explores and develops mineral properties. It primarily explores for copper, nickel, gold, zinc, germanium, lead, and platinum-group elements. The company’s principal projects comprise the Kamoa project that consists of exploitation permits and an exploration permit, which cover a total project area of 399.1 square kilometers in the Central African Copperbelt in Katanga Province, the Democratic Republic of Congo (DRC); Platreef project that is located in the northern Limb of the Bushveld Complex, South Africa; and Kipushi project, which is located in the Central African Copperbelt, Katanga Province, DRC. It also holds interests in other prospective mineral properties in DRC, Gabon, and Australia, including a land package of approximately 6,500 square kilometers in the Central African Copperbelt. The company was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. Ivanhoe Mines Ltd. was incorporated in 1993 and is headquartered in Vancouver, Canada.

Founded in 1993

ivanhoe mines ltd-cl a (IVN) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $650.0K
Founder and Executive Chairman
Total Annual Compensation: $650.0K
Chief Financial Officer
Total Annual Compensation: $277.4K
Executive Vice President of Exploration
Total Annual Compensation: $359.1K
Senior Advisor
Total Annual Compensation: $554.7K
Compensation as of Fiscal Year 2013.

ivanhoe mines ltd-cl a (IVN) Key Developments

Ivanhoe Mines Ltd. Reports Metallurgical Testwork Results for Initial Mining Area at its Kamoa Copper Project in the Democratic Republic of Congo

Ivanhoe Mines Ltd. issued a summary of metallurgical flotation testwork at the company's Kamoa copper project, near the mining centre of Kolwezi in the Democratic Republic of Congo's southern province of Katanga. Recent bench-scale metallurgical flotation testwork carried out at XPS Consulting and Testwork Services laboratories in Falconbridge, Ontario, Canada, has shown positive preliminary results. The work was conducted on a composite sample of drill core from the Kansoko Sud and Kansoko Centrale areas in the southern part of the Kamoa resource area. The sample is representative of the first four to five years of planned Kamoa mine production, when Ivanhoe Mines intends to produce and sell a clean, high-grade copper flotation concentrate. Highlights: Copper recoveries of 88.3%; copper concentrate grade of 39.0%; very low arsenic levels in concentrate are expected to attract a premium from concentrate traders; and flowsheet improvements derived from this testwork are expected to result in lower up-front capital costs and reduced operational costs and risks. The testing is the first metallurgical work done on material from the Kansoko Sud area of the resource. The results are integral to the final metallurgical design input parameters that will be needed for the completion of the Kamoa development studies.

Ivanhoe Mines Names Patricia Makhesha as Managing Director of Platreef Project

Ivanhoe Mines announced that Dr. Patricia Makhesha has been appointed Managing Director of Ivanhoe's subsidiary company that is advancing the development of the Platreef platinum-group elements, nickel, copper and gold project on the Northern Limb of South Africa's Bushveld Igneous Complex. Dr. Makhesha has assumed first-line leadership of the newly renamed Ivanplats (Pty) Ltd, Ivanhoe's 64%-owned South African subsidiary, effective immediately. Prior to joining Ivanhoe Mines as Vice President of Community Relations in February this year, Dr. Makhesha served as a consultant to the company as it was preparing for the development and implementation of the Platreef Project's broad-based, black economic empowerment structure.

Ivanhoe Mines Ltd. Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-16-2014 12:00 PM

Ivanhoe Mines Ltd. Presents at Canaccord Genuity 8th Annual Global Resources Conference, Oct-16-2014 12:00 PM. Venue: Palace Hotel, 455 Madison Avenue, New York, New York, United States.


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