Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines today extend their congratulations to Felix Tshisekedi, President of the Democratic Republic of Congo, on his appointment as the new Chairperson of the African Union for 2021.President Tshisekedi takes over the position from Cyril Matamela Ramaphosa, President of the Republic of South Africa, who has concluded his one-year term as Chairperson.The ...

Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), today extend their congratulations to Felix Tshisekedi, President of the Democratic Republic of Congo, on his appointment as the new Chairperson of the African Union for 2021.

President Tshisekedi takes over the position from Cyril Matamela Ramaphosa, President of the Republic of South Africa, who has concluded his one-year term as Chairperson.

The African Union consists of the 55 member states that make up the countries of the African Continent. The African Union spearheads Africa's development and integration in close collaboration with African Union Member States, the Regional Economic Communities and African citizens. Its vision is to accelerate progress towards an integrated, prosperous and inclusive Africa, at peace with itself, playing a dynamic role in the continental and global arena, effectively driven by an accountable, efficient and responsive union.

"On behalf of everyone at Ivanhoe Mines, we congratulate President Tshisekedi on this prestigious appointment. We also salute the people of the Democratic Republic of the Congo for their commitment to creating the necessary conditions for unfettered democracy, allowing for all Congolese people to enjoy long-lasting and meaningful benefits from their country's unparalleled mineral potential - especially copper and cobalt, two 'green' metals that are going to be required in massive amounts to electrify the world economy," said Mr. Friedland.

"This is a time of tremendous opportunity for responsible development of the mining sector in the DRC, and we are confident that Ivanhoe Mines' Kamoa-Kakula joint-venture mining complex, Ivanhoe's potential discoveries on its wholly-owned Western Foreland exploration ground, and Ivanhoe's Kipushi joint venture will help reestablish the DRC as one of the world's top tier mining jurisdictions," Mr. Friedland added.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal joint-venture projects in Southern Africa: the development of major new, mechanized, underground mines at the Kamoa-Kakula copper discoveries in the DRC and at the Platreef palladium-platinum-nickel-copper-rhodium-gold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC. Kamoa-Kakula is expected to begin producing copper in July 2021 and, through phased expansions, is positioned to become one of the world's largest copper operations. Kamoa-Kakula and Kipushi will be powered by clean, renewable hydro-generated electricity and will be among the world's lowest greenhouse gas emitters per unit of metal produced. Ivanhoe also is exploring for new copper discoveries on its wholly-owned Western Foreland exploration licences in the DRC, near the Kamoa-Kakula Project.

Information contacts

Investors
Bill Trenaman +1.604.331.9834

Media
Matthew Keevil +1.604.558.1034

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73893

News Provided by Newsfile via QuoteMedia

Ivanhoe Mines IVN:CA IVPAF Copper Investing
VVC To Issue Additional Shares to Stockhouse

VVC To Issue Additional Shares to Stockhouse

VVC Exploration Corporation (" VVC " or the "Company") (TSX-V:VVC) announces the following:

Pursuant to an arrangement with Stockhouse Publishing Ltd. ("Stockhouse") in August 2021, Stockhouse is assisting VVC with general market outreach and investor awareness as the Company continues to grow its investor base.

Keep reading... Show less
Ground Geophysics Identifies Copper Drill Targets Supporting Surface Mineralisation At Picha Project, Peru

Ground Geophysics Identifies Copper Drill Targets Supporting Surface Mineralisation At Picha Project, Peru

Valor Resources Limited (“Valor” or the “Company”) is pleased to announce the commencement of a ground geophysical survey at the Company’s Picha Project in Peru. A ground magnetic and Induced Polarisation (IP) survey has commenced with the first three lines of the IP survey completed and 70% of the ground magnetic survey completed. Preliminary results have been received for the first three lines of the IP survey which have revealed chargeabilty anomalies at depth which correlate with surface mineralisation at the Cumbre Coya, Maricate and Cobremani target areas (see Figures 1, 2 & 3 – IP lines L_7776, L_8176 & L_8576).

Keep reading... Show less
The Copper Price Today: A Brief Overview

The Copper Price Today: A Brief Overview

From wiring and plumbing to electric vehicles and electronics, base metal copper is key for a range of important applications in various industries.

In fact, the metal has earned the moniker "Dr. Copper" because its widespread use makes it a valuable indicator for global economic health. Knowing the factors that move the copper price today is therefore helpful for investors who are focused on the bigger picture.

Even though the red metal took a COVID-19-induced dive in the early spring of 2020 along with most other commodities, 2021 turned out to be a record-setting year for the copper price.

Keep reading... Show less

Ivanhoe Mines Reports No Impact from the Omicron Variant on Any of Its Operations

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine development operations in South Africa or the Democratic Republic of Congo (DRC).

No cases of the new variant have been detected at the company's Kamoa-Kakula and Kipushi projects in the DRC and, while there have been some recent infections among employees and contractors working at the company's Platreef Project in South Africa, all people infected to date have either been asymptomatic or experienced very mild symptoms.

Keep reading... Show less
Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (" Libero Copper ") is pleased to announce that due to strong investor demand, it has increased the non-brokered private placement announced on November 8, 2021 (the " Offering ") for the sale of up to 14,000,000 units (the " Units ") at a price of $0.50 per Unit for gross proceeds of up to $7,000,000 . Each Unit will be comprised of one common share (each, a " Unit Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant ").

Keep reading... Show less
Another Exceptional Copper-Vanadium-Lead Intersection At Nosib

Another Exceptional Copper-Vanadium-Lead Intersection At Nosib

and step out hole extends copper-vanadium-lead mineralisation along strike to the NE

Golden Deeps Limited (“Golden Deeps” or “Company”) is very pleased to announce further, exceptional, copper-vanadium-lead-silver intersections from the second diamond drill hole at the Nosib Block (“Nosib”) Prospect, located in the Otavi Mountain Land of northern Namibia (see location Figure 3).
Keep reading... Show less

Top News

Related News