Mr. Friedland was the founder of Ivanhoe Mines Ltd. (now Turquoise Hill Resources Ltd.) and served as Executive Chairman and Chief Executive Officer until April 2012. He directed the assembly by Ivanhoe Mines Ltd. of a portfolio of interests in several countries over 15 years and led the company’s discoveries and initial development of the Oyu Tolgoi copper-gold-silver deposits in southern Mongolia.
Mr. Friedland also is Chairman and President of Ivanhoe Capital Corporation, a private company based in Singapore that specializes in providing venture capital and project financing for international business enterprises, predominantly in the fields of energy and minerals.
In January 2016, Mr. Friedland was one of five industry leaders who were inducted into the Canadian Mining Hall of Fame, based in Toronto, which cited his company-building and exploration achievements, and presented him as “a dynamic, transformative force in the Canadian and international mining industries” and “one of the most recognized mining personalities and achievers in the world”. Mr. Friedland said he shared the honour with several teams of dedicated individuals whose efforts with his companies during the past 30 years had contributed to a series of notable discoveries.
In March 2012, Mr. Friedland was recognized as Mining Personality of the Year at the inaugural Asia Mining Awards, sponsored by the Mines & Money conference and the Asia Mining Club in Hong Kong, which cited his role in Mongolia’s emergence as a major destination for mining investment. Ivanhoe Mines Ltd.’s Oyu Tolgoi copper-gold mining complex was voted Project Development of the Year.
Mr. Friedland received the Dealmaker of the Year award for Ivanhoe Mines Ltd. from Australia’s Diggers and Dealers Mining Forum in August 2011. In June 2009, Canada’s Northern Miner publishing group named Mr. Friedland one of Canada’s Super Seven Dynamos who have track records of turning junior companies into major success stories. The publishing group also named him the 2006 Mining Person of the Year for his success in negotiating a strategic partnership with Rio Tinto International Holdings Limited to develop Ivanhoe Mines Ltd.’s Oyu Tolgoi project in Mongolia. The Mongolian government’s Foreign Investment and Foreign Trade Agency recognized Mr. Friedland with consecutive Investor Envoy of the Year awards in 2003 and 2002.
Mr. Friedland holds a Bachelor of Arts in Political Science from Reed College.