Stocks in play: Ivanhoe Mines

Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that Kamoa Holding Limited, the joint-venture holding company of the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC), has secured an equipment financing facility of up to EUR 176 million (approximately $211 million U.S.), together with a $9-million U.S. down-payment facility. The two facilities will be used by the project to purchase underground mobile mining equipment and services from leading Swedish manufacturers Sandvik AB and Epiroc AB, and Finnish manufacturer Normet Oy. Ivanhoe Mines shares T.IVN are trading up $0.105 at $6.19.

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