| Ivanhoe Mines and Ivanplats Expand Challenge of Errors and Misrepresentations in Globe & Mail Story About Platreef Mine Development Project in South Africa | |
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TORONTO, ONTARIO--(Marketwired - Jan 28, 2015) - Ivanhoe Mines (IVN.TO)
Updated January 28, 2015 (first issued January 12, 2015)
EXPANDED OPEN LETTER
The following is an open letter from Ivanhoe Mines and its subsidiary, Ivanplats, to the Globe and Mail in response to an article published January 10th about the Platreef Mine Development Project in South Africa.
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Attention: |
- David Walmsley, Editor-in-Chief, The Globe and Mail, Toronto, Canada |
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- Sylvia Stead, Public Editor, The Globe and Mail |
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- Paul Waldie, Editor, Report on Business, The Globe and Mail |
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- Geoffrey York, Africa correspondent, The Globe and Mail |
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- Readers of The Globe and Mail |
As Ivanhoe Mines stated in its original Open Letter that was distributed on January 12, there is ample evidence to demonstrate that reporter Geoffrey York's cover story, published in The Globe and Mail's Report on Business on January 10 (Showdown in South Africa), is flawed by serious failures of what is purported to be standards-based journalism.
Readers are being deceived by the story's false allegations, misrepresentations and gratuitous exaggerations concerning the Platreef mine development in South Africa's Limpopo province that belie The Globe's claim that it "strives for a culture of accuracy".
Now, new information that has come to Ivanhoe Mines' attention since the distribution of the company's original Open Letter shows that the newspaper's failure to respect its own proclaimed news standards is considerably more acute than initially could be shown on January 12. The new information, including a number of additional essential and material facts, appears principally on pages two through six of this Expanded Open Letter. Pages four and five contain a review of the particularly egregious and apparently fabricated claim alleging that families do not have open access to visit and tend to relatives' graves. The entire letter may be read at www.ivanhoemines.com.
Just as it ignored numerous important facts and circumstances in its January 10 story, The Globe and Mail also has avoided shouldering its responsibility and has not taken any steps to set the record straight and rectify the story's journalistic failures that, in Ivanhoe's view, constitute a desertion of The Globe's obligations to its readers. Given the information that has come to light, readers should expect corrective action from the responsible Globe editors.
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Ivanhoe Mines Ltd.
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PRODUCTEUR |
CODE : IVN.TO |
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CUSIP : 46579N 103 |
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Ivanhoe Mines est une société développant des projet miniers d'or et de cuivre basée au Canada. Ivanhoe Mines est productrice d'or, de cuivre, de fer au Kazakhstan et en Australie, en développement de projets de cuivre et d'or en Mongolie, et détient divers projets d'exploration en Australie. Ses principaux projets en production sont SAVAGE RIVER en Australie et BAKYRCHIK au Kazakhstan, son principal projet en développement est OYU TOLGOI en Mongolie et ses principaux projets en exploration sont MONYWA au Myanmar et CLONCURRY en Australie. Ivanhoe Mines est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 15,0 milliards CA$ (11,0 milliards US$, 9,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 29 janvier 2016 à 0,53 CA$, et son plus haut niveau récent le 19 septembre 2024 à 19,06 CA$. Ivanhoe Mines possède 785 229 952 actions en circulation. |