| Ivanhoe Mines to meet with Congo government over Kamoa deal | |
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TORONTO, May 28 (Reuters) - Ivanhoe Mines Ltd's chief executive said on Thursday that he will meet with officials from the Democratic Republic of Congo (DRC) this weekend to address any "misunderstandings" around his company's deal to sell nearly half of its Komoa copper project. The government opposes the transaction, according to media reports, because it was not consulted on Zijin Mining Group Co Ltd's agreement to buy a 49.5 percent stake in Ivanhoe subsidiary Kamoa Holding Ltd, which owns 95 percent of the DRC copper project. Ivanhoe Chief Executive Lars-Eric Johansson said on a conference call on Thursday to discuss the $412 million Zijin deal that he will lead a group of senior executives to Kinshasa, but was unaware of any required government approval. The Zijin partnership had been discussed with government and mining officials before final negotiations began, Johansson said, adding that the transaction is not expected to close until late July. The government holds a 5 percent stake in Kamoa and has been offered a bigger share, Ivanhoe said. "We have written a letter to the president offering to sell up to 15 percent of the project," said Ivanhoe Chairman Robert Friedland. "That is on terms to be mutually agreed, and I have every expectation that we will do exactly that and hopefully sooner than later," A feasibility study on the Kamoa project is expected at the end of next year. (Reporting by Susan Taylor; Editing by Jonathan Oatis)
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Ivanhoe Mines Ltd.
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PRODUCTEUR |
CODE : IVN.TO |
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CUSIP : 46579N 103 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Ivanhoe Mines est une société développant des projet miniers d'or et de cuivre basée à Singapour. Ivanhoe Mines est productrice d'or, de cuivre, de fer au Kazakhstan et en Australie, en développement de projets de cuivre et d'or en Mongolie, et détient divers projets d'exploration en Australie. Ses principaux projets en production sont SAVAGE RIVER en Australie et BAKYRCHIK au Kazakhstan, son principal projet en développement est OYU TOLGOI en Mongolie et ses principaux projets en exploration sont MONYWA au Myanmar et CLONCURRY en Australie. Ivanhoe Mines est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 15,4 milliards CA$ (11,2 milliards US$, 10,5 milliards €). La valeur de son action a atteint son plus bas niveau récent le 29 janvier 2016 à 0,53 CA$, et son plus haut niveau récent le 19 avril 2024 à 19,58 CA$. Ivanhoe Mines possède 785 229 952 actions en circulation. |