| May 27th, 2016 Ivanhoe Mines files NI 43-101 technical report on the preliminary economic assessment for the redevelopm… | |
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May 27th, 2016
Ivanhoe Mines files NI 43-101 technical report on the preliminary economic
assessment for the redevelopment of the Kipushi Zinc-Copper Project
in the Democratic Republic of Congo
VANCOUVER, CANADA - Ivanhoe Mines (TSX: IVN) today announced that, further to its news release dated May 2, 2016, the company has filed a National Instrument 43-101 (NI 43-101) technical report on the preliminary economic assessment (PEA) for the redevelopment of the historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. The Kipushi Project is operated by Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the state-owned mining company.
The Kipushi 2016 PEA was prepared by OreWin Pty. Ltd., of Adelaide, Australia, and the MSA Group (Pty.) Ltd., of Johannesburg, South Africa. The NI 43-101 technical report - Kipushi 2016 Preliminary Economic Assessment - has been filed on the SEDAR website at www.sedar.com and posted on the Ivanhoe Mines website at www.ivanhoemines.com.
Information contacts
Investors
Bill Trenaman +1.604.331.9834
Media
North America: Bob Williamson +1.604.512.4856
South Africa: Jeremy Michaels +27.82.939.4812
Website www.ivanhoemines.com
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Ivanhoe Mines Ltd.
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PRODUCER |
CODE : IVN.TO |
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CUSIP : 46579N 103 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Ivanhoe Mines is a gold and copper development stage company based in Singapore. Ivanhoe Mines produces gold, copper, iron in Australia and in Kazakhstan, develops copper and gold in Mongolia, and holds various exploration projects in Australia. Its main assets in production are SAVAGE RIVER in Australia and BAKYRCHIK in Kazakhstan, its main asset in development is OYU TOLGOI in Mongolia and its main exploration properties are MONYWA in Myanmar and CLONCURRY in Australia. Ivanhoe Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 14.7 billions as of today (US$ 10.7 billions, € 10.0 billions). Its stock quote reached its lowest recent point on January 29, 2016 at CA$ 0.53, and its highest recent level on April 25, 2024 at CA$ 18.66. Ivanhoe Mines has 785 229 952 shares outstanding. |