Ivanhoe Mines Promotes David van Heerden to the Role of Chief Financial Officer

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021. Mr. van Heerden's appointment allows Marna Cloete to focus solely on her role as Ivanhoe's President. Ms. Cloete has held the dual roles of President and CFO since her appointment as President in March 2020.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/3396/103490_cc1452c274d1aa08_002.jpg

David van Heerden

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/3396/103490_cc1452c274d1aa08_002full.jpg

Mr. van Heerden has been with Ivanhoe Mines since 2011, and has held progressively senior finance roles, most recently as Vice President, Finance, Treasury and Tax. Prior to joining Ivanhoe Mines, he was in the assurance division of Ernst & Young Inc. in Johannesburg, South Africa, with a focus on mining and construction clients. Mr. van Heerden is a registered Chartered Accountant.

"We are pleased to welcome David to the senior executive management team," said Mr. Friedland. "David brings tremendous experience and proven judgment, and will be a valuable contributor as we continue our progression into a preeminent, diversified mining company with industry-leading environmental, social and governance credentials."

Marna Cloete commented: "I am thrilled with the promotion of David to Chief Financial Officer. He is an exceptional accountant, as well as a long-time trusted advisor. David's new title reflects his unique contributions to the company and his indelible impact on Ivanhoe's success. He has been assisting me with many of the CFO duties over the past several years, so we expect a seamless transition.

"This is an extremely busy and exciting period of growth for Ivanhoe Mines. David's full-time assumption of the CFO duties will allow me to focus more of my time on ensuring the successful execution of our plans to bring the Platreef and Kipushi projects into commercial production."

About Ivanhoe Mines

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

Kamoa-Kakula began producing copper concentrates in May 2021 and, through phased expansions, is positioned to become one of the world's largest copper producers. Kamoa-Kakula is being powered by clean, renewable hydro-generated electricity and is projected to be among the world's lowest greenhouse gas emitters per unit of metal produced. Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine. Ivanhoe also is exploring for new copper discoveries on its Western Foreland exploration licences in the Democratic Republic of Congo, 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/103490

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Ivanhoe Mines

Ivanhoe Mines

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.

Panama flag waving against a clear blue sky.

Panama Sets Firm Ownership Terms Ahead of Cobre Mine Negotiations

Panama will demand that any new deal to reopen the US$10 billion Cobre Panama copper mine explicitly recognizes the state’s ownership of the land and its mineral resources, Finance Minister Felipe Chapman said according to a Bloomberg report.“For us, it’s important to have an agreement that... Keep Reading...
Copper pipes background with "5 Top Australian Mining Stocks This Week" text overlay.

Top 5 Australian Mining Stocks This Week: Bougainville Copper Soars on Panguna Update

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks listed on the ASX, starting with news in Australia's resource sector.Companies focused on critical minerals copper, cobalt, antimony and rubidium form this week’s top performers, showing an alignment with... Keep Reading...
African Discovery Group

AFDG via Butembo Acquisition Becomes First US Public Company in the Democratic Republic of the Congo (DRC)

The Governments of the United States and the Democratic Republic of the Congo (DRC) co-hosted the U.S.–DRC Economic and Investment Forum in Washington, D.C. The two-day event convened senior officials from both governments, institutional investors, representatives of major development finance... Keep Reading...
Domestic Metals Clarifies First-Tranche Financing Close

Domestic Metals Clarifies First-Tranche Financing Close

Domestic Metals Corp. (the "Company" or "Domestic") - (TSXV: DMCU; OTCQB: DMCUF; FSE: 03E) reports further to their news release dated October 9, 2025 announcing the closing of a first tranche of the LIFE Offering (the "Offering") issuing an aggregate 4,695,715 units of the Company ("Units") at... Keep Reading...
Empire Metals

Empire Metals Limited - MRE Confirms World Dominant Titanium Discovery

Empire Metals Limited - MRE Confirms World Dominant Titanium DiscoveryEmpire Metals Limited, the AIM-quoted and OTCQX-traded exploration and development company, is pleased to report a maiden Mineral Resource Estimate ('MRE') at its Pitfield Project in Western Australia ('Pitfield' or the... Keep Reading...

Latest Press Releases

Related News