September 19, 2018

The strategic equity investment of C$723 million in Ivanhoe Mines by China-based CITIC Metal has been completed. Zijin Mining also has exercised its anti-dilution rights raising additional C$78 million for Ivanhoe, bringing Ivanhoe’s cash position to approximately C$855 million. CITIC Metal and Zijin Mining each purchased their Ivanhoe shares at C$3.68 per share. The funds will be used to advance Ivanhoe’s three world-scale mine-development projects in Southern Africa.

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February 26, 2018

Ivanhoe Mines announced that the company has completed an independently verified, updated Mineral Resource estimate for the ultra-high-grade Kakula Discovery on the Kamoa-Kakula Copper Project, near the mining centre of Kolwezi in the Democratic Republic of Congo.

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Advancing and enhancing communities

A new secondary school has been built in Kaponda, a small village near the Kamoa-Kakula Project, as part of the project's community relations program. Classes will begin soon at another school nearing completion at Muvunda village.

November 14, 2018

Exploration drilling at the Kamoa North exploration area on the 397-square-kilometre Kamoa-Kakula mining licence has successfully delineated two new corridors containing zones of shallow, thick, high-grade copper. The most significant corridor trends north and south for more than nine kilometres before swinging to the northwest and is projected to continue onto the adjacent Western Foreland exploration licences that are 100%-owned by Ivanhoe Mines.

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