Ivanhoe makes major DRC, S.Africa copper discoveries

Reuters reports that Ivanhoe Mines has made major “Tier 1″ copper discoveries in the Democratic Republic of Congo and South Africa.

The market news is quoted as saying:

The Congo discovery was the first such copper find in the central African country since 1906, Friedland told a mining conference in Cape Town. “Tier 1″ indicates a very large deposit of high-grade copper ore.

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