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Ivanhoe Mines Issues 2016 Year-End Results and Review of Operations
Mar. 28, 2017 08:25AM PST
Base Metals Investing
Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) today announced its financial results for the year ended December 31, 2016. All figures are in U.S. dollars unless otherwise stated. Ivanhoe Mines is a Canadian mining company focused on advancing its three mine-development projects in Sub-Saharan Africa: the Platreef platinum-palladium-gold-nickel-copper discovery in South Africa; and the Kamoa-Kakula copper discovery and the …
Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) today announced its financial results for the year ended December 31, 2016. All figures are in U.S. dollars unless otherwise stated. Ivanhoe Mines is a Canadian mining company focused on advancing its three mine-development projects in Sub-Saharan Africa: the Platreef platinum-palladium-gold-nickel-copper discovery in South Africa; and the Kamoa-Kakula copper discovery and the Kipushi zinc-copper-lead-germanium mine in the Democratic Republic of Congo (DRC).
As quoted in the press release:
On March 21, 2017, Ivanhoe announced that a new discovery hole had intersected a shallow, 3.8-kilometre extension of the Kakula Copper Discovery at the Kamoa-Kakula Project, in the Democratic Republic of Congo (DRC). This latest extension has been named Kakula West. The new discovery hole, DD1124, essentially doubled the presently-defined length of the copper-rich mineralized system at Kakula to more than 10 kilometres.
