Ivanhoe Mines to Respond to Flawed and Deceptive Globe and Mail Article on Ivanhoe's Success in the Democratic Republic of Congo

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is composing a formal response to a misleading and sensationalist article written by Geoffrey York of the Globe and Mail, dated December 15, 2022, that references an equally flawed and misleading report published by a U.S.-based organization, The Sentry, dated December 2022.

The article and report contain numerous inaccuracies, misrepresentations of Democratic Republic of Congo law and Ivanhoe Mines' business relationships, and demonstrate a fundamental misunderstanding of the legislative framework under the Democratic Republic of Congo mining codes.

The company intends to respond in full to these allegations shortly.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the major new, mechanized, underground mines at the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo, the development of the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the restart of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo.

Information contact

Vancouver: Matthew Keevil +1.604.558.1034

London: Tommy Horton +44 7866 913 207

Website www.ivanhoemines.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/148200

News Provided by Newsfile via QuoteMedia

IVN:CA,IVPAF
The Conversation (0)
Spools of copper wire.

Top 5 Junior Copper Stocks on the TSXV in 2025

The copper price climbed to a record high of US$5.64 per pound on the COMEX during the second quarter of 2025.

The price rise comes on the back of escalating trade tensions and economic chaos from the United States’ new tariff policy.

While copper was initially spared from tariffs at the start of the year, US President Donald Trump announced the US would be imposing a 50 percent tariff on all copper products entering the US. The announcement sparked speculative buying by US metals traders, who sought to position themselves ahead of the yet-to-be-announced tariff deadline.

How has this affected small-cap copper-focused companies on the TSX Venture Exchange? Read on to learn about the five best-performing junior copper stocks since the start of 2025.

Data for this article was gathered on July 17, 2025, using TradingView's stock screener, and copper companies with market caps of over C$10 million at that time were considered.

Keep reading...Show less
Pile of raw copper nuggets on a dark background.

Barrick Backs Hercules in Leviathan-Linked Copper Expansion

Hercules Metals (TSXV:BIG,OTCQB:BADEF) has entered into a transformative agreement with Barrick Mining (TSX:ABX,NYSE:B) to acquire a vast package of unpatented copper claims surrounding its Leviathan discovery in western Idaho.

Hercules will have the option to acquire a 100 percent interest in more than 74,000 acres of claims, collectively known as the Olympus belt, that flank both sides of the company’s existing Hercules property.

If exercised, the deal would expand Hercules’ total land position from 26,000 acres to over 100,000 acres, granting it control over a 73 kilometer stretch of highly prospective terrain.

The transaction is structured as an option agreement through Hercules’ US subsidiary, Anglo-Bomarc, with Barrick Gold Exploration, a wholly owned subsidiary of Barrick Mining.

Keep reading...Show less
Rows of fine copper bars with text that reads '5 Top Canadian Mining Stocks This Week.'

Top 5 Canadian Mining Stocks This Week: St. Augustine Gains 67 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released its monthly mineral production report for May 2025 on Monday (July 21). The data shows that the production of both copper and silver increased from April. Copper output rose to 36.3 million kilograms from 35.85 million in April, and silver increased to 26,502 kilograms from 25,412. Meanwhile, gold production decreased marginally to 16,518 kilograms from 16,640 the previous month.

However, shipments were up across the board. Copper shipments rose to 34.34 million kilograms compared to 30.01 million kilograms in April. Silver increased to 26,376 kilograms, up considerably from 22,106 kilograms a month earlier. Gold shipments saw a slighter gain, rising to 14,858 kilograms from 14,660 kilograms in April.

Keep reading...Show less
Silhouetted miners work in a dimly lit tunnel; "Weekly Editor's Picks" text overlay.

Editor's Picks: Miners Rescued, US Mine Waste Strategy, Ontario Expands CIMF

Here's a quick recap of some of the most impactful resource sector news items for the week.

The period saw three miners rescued after 60 hours underground at the Red Chris mine in BC, the US announce a mine waste recovery strategy and the Ontario government add C$7 million to boost critical minerals innovation.

Keep reading...Show less
Traffic light with green signal against a blue sky.

Teck Greenlights Highland Valley Expansion After Beating Q2 Profit Estimates

Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) has secured board approval for a multi-billion-dollar life extension of its Highland Valley copper mine in British Columbia, setting the stage for a two-decade boost in copper output.

The Vancouver-based miner said Thursday (July 24) that construction on the Highland Valley Copper Mine Life Extension Project (HVC MLE) will begin in August, following receipt of environmental and permitting approvals in June.

Keep reading...Show less
Blackstone Minerals

Blackstone Minerals


Keep reading...Show less

Latest Press Releases

Related News

×