Copper

Ivanhoe Mines 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 ...

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

Best Copper Stocks on the TSX

Click here to read the previous best TSX copper stocks article.

Copper had a stellar first half of 2021, with prices rallying to their all-time highest level during Q2.

Unlike the first half of 2020, the trend in copper prices was upward for most of the first half of this year, with the red metal hitting an all-time high in May.

Heading into the home stretch of 2021, the market is still robust, and there is plenty of optimism that copper remains in bullish territory. Many analysts and companies expect a boom in the coming years as electrification and electric vehicles grow in popularity and subsequently increase the world’s appetite for the vital base metal.

Keep reading... Show less

Platreef Mine Secures US$200 Million Gold Stream Financing and Additional US$100 Million Palladium and Platinum Stream

Offtake arrangements announced for 100% of Platreef's first phase production

Platreef scheduled to commence production in 2024

Keep reading... Show less
Victory Receives Smokey Lithium Drill Permit

Victory Receives Smokey Lithium Drill Permit

  • Following Extensive Exploration and Analysis Smokey Lithium Exploration Team Set to Begin Drill Program
  • Drill Program will Focus on Relationship to High Li Zone to adjacent Jindalee Property

Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is excited to announce that the Company's has received a drill permit to commence drilling on its Smokey Lithium property in Esmeralda County, Nevada

As a result of the extensive exploration work and analysis conducted to date, the Company's exploration team has identified drill targets that will determine whether a relationship exists to the high Li zone on the adjacent Jindalee property. The drill permit was expanded from the original 4 holes to 15 holes based upon further analysis by the Company's Exploration Team which included locations of key targets for drill holes.

Keep reading... Show less
Getchell Gold Corp. Secures Two Drill Rigs for 2022 at the Company's Nevada Projects

Getchell Gold Corp. Secures Two Drill Rigs for 2022 at the Company's Nevada Projects

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce the Company has executed a contract to secure two drill rigs for the entirety of 2022 to conduct exploration at the Company's Nevada based projects.

"The discovery of our Colorado SW and North Fork gold zones and the successful follow-up drill results indicate an extensive mineralizing system at the Fondaway Canyon gold project that remains open to depth and along strike. The procurement of a second drill rig will facilitate an accelerated advancement and broader delineation of these discoveries," states Mike Sieb, President, Getchell Gold Corp. "In addition, the second drill rig will enhance our news flow next year and allow for the much-anticipated maiden drill program at the Star high-grade copper-gold-silver project."

Keep reading... Show less
Latin Metals Stakes Three New Copper Exploration Projects, Coastal Copper Belt, Peru

Latin Metals Stakes Three New Copper Exploration Projects, Coastal Copper Belt, Peru

TSXV: LMS) OTCQB: LMSQF) announces that it has acquired a 100% interest in three copper exploration projects totaling 5,000 hectares, located in the Coastal Copper Belt, Peru. The three projects (Loli, Tillo, and Para) (the " Projects ") are located approximately 130km southwest of the Company's Lacsha copper project, where recent exploration has identified extensive copper mineralization at surface and where the Company expects to complete an IP survey in January 2022 ( Figure 1 ).

The Projects were acquired by staking following completion of an extensive regional stream sediment survey, screening approximately 480 km 2 . The areas were selected based on consistent copper anomalies and geological similarities to the Lacsha - Yanba projects area.

Keep reading... Show less
Opawica Announces $2,000,000 Flow Through Placement

Opawica Announces $2,000,000 Flow Through Placement

(TheNewswire)

Opawica Explorations Inc.

TheNewswire - December 7 th 2021 Opawica Explorations Inc. (the "Company") (TSXV:OPW) (OTC:OPWEF) is pleased to announce that it proposes to undertake a private placement to raise gross proceeds of up to $2,000,000 (the "Offering"). The Company proposes to raise up to $2,000,000 through the sale of up to 3,636,363 flow-through units priced at $0.55 (the "FT Units"). Each FT Unit consists of one flow-through common share and one-half of a share purchase warrant, with each whole Warrant exercisable into one further common share at a price of $0.75 for a term of two years.

Keep reading... Show less

Top News

Related News