IVN.TO - Ivanhoe Mines Ltd.

Toronto - Toronto Delayed Price. Currency in CAD
3.7400
+0.1400 (+3.89%)
At close: 4:00PM EST
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Previous Close3.6000
Open3.6000
Bid3.7400 x 0
Ask3.7600 x 0
Day's Range3.6000 - 3.7700
52 Week Range2.0400 - 4.5400
Volume1291161
Avg. Volume669,128
Market Cap4.5B
Beta (5Y Monthly)2.96
PE Ratio (TTM)74.80
EPS (TTM)0.0500
Earnings DateNov. 7, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.48
  • Newsfile

    CITIC Files Early Warning Report

    Toronto, Ontario--(Newsfile Corp. - December 4, 2019) - CITIC Metal Africa Investments Limited ("CITIC") announces the following transaction.CITIC has sold an aggregate of 35,752,011 Class A common shares (the "Shares") of Ivanhoe Mines Ltd. ("Ivanhoe Mines") (representing approximately 3% of the issued and outstanding Class A common shares of Ivanhoe Mines ("Common Shares") on a non-diluted basis) at a price of C$3.98 per share for an aggregate subscription amount of approximately C$142,293,004 (the "Sale"). ...

  • Bloomberg

    Billionaire Says Congo Is Now More Attractive Than Chile for Copper Mines

    (Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterChile’s worst civil unrest in decades means the Democratic Republic of Congo is a more attractive proposition for mining investment, according to billionaire Robert Friedland.While Chile, the world’s top copper producer, seeks measures to quell the social unrest that exploded last month, the election of President Felix Tshisekedi earlier this year has improved the prospects in Congo, Friedland said at the Mines and Money conference in London on Monday. Ivanhoe Mines Ltd., founded by Friedland, is developing the world’s second-largest copper-mining project in Congo, with production due to start in 2021.“There is a new sheriff in town,” said Friedland, referring to Tshisekedi. Chile is now a “terrible place to invest in mining, while Congo is a really great place,” he said.Over more than two decades, mining investor Friedland and his small team have made some of the biggest mineral discoveries in the world.In addition to unearthing Africa’s largest copper deposit, other projects include building the Oyu Tolgoi copper-and-gold mine in Mongolia’s Gobi Desert and discovering the Voisey’s Bay nickel deposit in Canada, which he sold in 1996 for more than $3 billion. Ivanhoe is also developing a platinum mine in South Africa.“You have my sympathies,” said Friedland, commenting on investors in Chile. The billionaire is well known for making controversial comments.His statement drew the ire of the Chilean government, which touted the South American nation’s track record.“The person who expresses this opinion doesn’t know Chile,” Mining Minister Baldo Prokurica said in a voice mail. “Chile has a long history of a stable mining investment climate and one month of complex issues can’t erase that.”Congo also has its own issues to address. Companies mining and buying copper and cobalt from Congo must do more to fight corruption and child labor in the country, the Organisation for Economic Co-operation and Development said earlier this month.Friedland “is comparing us with Congo, which has a history of instability and of not respecting the rules of the game,” Prokurica said. “Chile is a serious country with clear and permanent rules.”(Adds Chile mining minister’s comments beginning seventh paragraph.)\--With assistance from Laura Millan Lombrana.To contact the reporter on this story: Elena Mazneva in London at emazneva@bloomberg.netTo contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net, ;Luzi Ann Javier at ljavier@bloomberg.net, Dylan Griffiths, Joe RichterFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Ivanhoe Mines' Senior Management Meet with Top DRC Government Officials to Provide Updates on Development Progress at the Kamoa-Kakula and Kipushi Projects
    Newsfile

    Ivanhoe Mines' Senior Management Meet with Top DRC Government Officials to Provide Updates on Development Progress at the Kamoa-Kakula and Kipushi Projects

    Kinshasa, Democratic Republic of Congo--(Newsfile Corp. - November 25, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that senior members of Ivanhoe Mines' management team met with high-ranking government officials in Kinshasa to congratulate them on their recent appointments and to provide updates on the development progress at Ivanhoe's Kamoa-Kakula and Kipushi joint-venture mining projects.The Ivanhoe team met with Prime Minister Sylvestre Ilunga Ilukamba, Mines ...

  • Boost Exposure to Palladium: The Top Precious Metal for 2020
    The Motley Fool

    Boost Exposure to Palladium: The Top Precious Metal for 2020

    Cash in on higher palladium prices by investing in Ivanhoe Mines Ltd. (TSX:IVN).

  • Ivanhoe Mines Issues Third Quarter Financial Results and Review of Mine Development and Exploration Activities
    Newsfile

    Ivanhoe Mines Issues Third Quarter Financial Results and Review of Mine Development and Exploration Activities

    Ivanhoe and Zijin Mining have made excellent progress developing the Kakula Copper Mine in D.R. Congo, with initial production on track for Q3 2021Capacity of Kakula's processing plant modules increased by 26%, from 3.0 Mtpa to 3.8 Mtpa each, significantly boosting projected early-stage copper production Additional mining crews to be added at Kakula to increase pre-production ore stockpile and to position the mine ...

  • Palladium prices hit an all-time high of US$1,781 an ounce, propelling Ivanhoe's Platreef Project 'metals-price basket' to a new, multi-year high; Mine development progressing at Ivanhoe's Tier One palladium-platinum-nickel-copper-gold-rhodium mine development project in South Africa
    Newsfile

    Palladium prices hit an all-time high of US$1,781 an ounce, propelling Ivanhoe's Platreef Project 'metals-price basket' to a new, multi-year high; Mine development progressing at Ivanhoe's Tier One palladium-platinum-nickel-copper-gold-rhodium mine development project in South Africa

    Mokopane, South Africa--(Newsfile Corp. - October 17, 2019) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the spot price of palladium has reached another all-time high of US$1,781 an ounce. Recent increases in the price of palladium, nickel, rhodium and gold has resulted in the weighted price of the 'basket' of metals contained in the ore at the Platreef palladium-platinum-rhodium-nickel-copper-gold project to rise to a ...

  • Platinum: The Best Precious Metals Play for a Recession
    The Motley Fool

    Platinum: The Best Precious Metals Play for a Recession

    Get ready for platinum to soar by adding Ivanhoe Mines Ltd. (TSX:IVN) to your portfolio.

  • 3 Under-the-Radar Stocks Are Taking the TSX by Storm!
    The Motley Fool

    3 Under-the-Radar Stocks Are Taking the TSX by Storm!

    The basic materials sector has an impressive line-up of growth stocks. Trilogy Metals Inc. (TSX:TMQ), Ivanhoe Mines Limited (TSX:IVN), and Labrador Iron Ore Royalty Corp. (TSX:LIF) are the great buys today.

  • 3 Top Mid-Cap Stocks to Lock In Your 1st Million
    The Motley Fool

    3 Top Mid-Cap Stocks to Lock In Your 1st Million

    This trio of mid-cap stocks, including Cameco Corporation (TSX:CCO)(NYSE:CCJ), could provide the risk/reward balance you need.

  • Newsfile

    Ivanhoe's Mark Farren appointed Chief Executive Officer of the Kamoa-Kakula Copper Joint Venture

    Ivanhoe and Zijin install a stand-alone executive team to take Kamoa-Kakula to commercial production Louis Watum, Ivanhoe's DRC country manager, appointed President of the Board of Directors of Kamoa Copper SA and expands his role Senior Zijin Chief Operating Officer and three Congolese nationals strengthen Kamoa-Kakula's senior management team to help ensure a successful start-up of commercial production ...

  • CNW Group

    Toronto Stock Exchange Introduces the TSX30

    Canada's premier equities marketplace launches new program to showcase top performing companies, TSX to host market open ceremony September 27 TORONTO , Sept. 26, 2019 /CNW/ - Toronto Stock Exchange (TSX) ...

  • Newsfile

    Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Project

    Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 24, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) deeply regrets to report that a fatal accident involving a contractor's employee occurred today at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC).The accident involved a civil contractor at a surface cement batching plant. The Kamoa-Kakula senior management team is working with the DRC authorities to facilitate their investigation of the accident. Once the ...

  • Newsfile

    Robert Friedland Files Early Warning Report

    Singapore, Singapore--(Newsfile Corp. - September 11, 2019) - This news release is issued by Robert M. Friedland pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to class A common shares ("common shares") of Ivanhoe Mines Ltd. ("Ivanhoe Mines"). Mr. Friedland has pledged as security 25,000,000 common shares, which constitutes 2.1% of the 1,191,733,687 common shares of Ivanhoe Mines currently issued and outstanding. Mr. Friedland's controlled ...

  • Ivanhoe Mines: Kakula Underground Mine Development Has Reached the Edge of the High-Grade Ore as Mining Advances Toward Zones in Excess of 8% Copper
    Newsfile

    Ivanhoe Mines: Kakula Underground Mine Development Has Reached the Edge of the High-Grade Ore as Mining Advances Toward Zones in Excess of 8% Copper

    Mine surpasses 16 million hours, or more than 7.5 years, worked without a lost-time injuryMine and processing plant construction progressing well - On track for first copper concentrate production in Q3 2021Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 8, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) are pleased to report that ...

  • Drilling Intersects the Highest-Grade Intersection Ever Drilled at Ivanhoe Mines' Kamoa-Kakula Project, with an Estimated Grade of 18.0% Copper Over 18.86 metres, at a 2% Cut Off
    Newsfile

    Drilling Intersects the Highest-Grade Intersection Ever Drilled at Ivanhoe Mines' Kamoa-Kakula Project, with an Estimated Grade of 18.0% Copper Over 18.86 metres, at a 2% Cut Off

    Ivanhoe to host the next investor site visit to its three African projects in October 2019 Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - August 18, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that drilling in the central part of the Kamoa North Bonanza Zone has returned another visually spectacular intersection of thick, ultra-high-grade copper mineralization. While assays for the hole (DD1571) are pending, Niton ...

  • Ivanhoe Mines Completes Strategic Equity Investment of C$612 Million (US$459 million) from China-Based CITIC Metal
    Newsfile

    Ivanhoe Mines Completes Strategic Equity Investment of C$612 Million (US$459 million) from China-Based CITIC Metal

    Additional C$67 million (US$50 million) received from Zijin Mining through the exercise of its anti-dilution rights. Ivanhoe positioned to fully fund its share of capital costs to bring the Kakula Copper Mine to commercial production. CITIC Metal's Vice President Manfu Ma joins Ivanhoe Board Beijing, China--(Newsfile Corp. - August 16, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), today announced the completion of the second major ...

  • Ivanhoe Mines Issues Second Quarter Financial Results and Review of Mine Development and Exploration Activities
    Newsfile

    Ivanhoe Mines Issues Second Quarter Financial Results and Review of Mine Development and Exploration Activities

    CITIC Metal and Zijin Mining to invest an additional C$679 million (US$515 million) in Ivanhoe Mines on August 16, 2019, positioning Ivanhoe to fully finance its share of capital costs to bring the Kakula Copper Mine in D.R. Congo to commercial production Drilling expands the new Kamoa North Bonanza Zone to at least 550 metres, with an implied strike length of 2.7 kilometres ...

  • Newsfile

    Ivanhoe Mines Comments on Share Price

    CITIC Metal's C$612 Million (US$465 Million) Second Equity Investment in Ivanhoe Mines to Close August 16, 2019 Ivanhoe to Issue Its Second Quarter Financial Results and Review of Exploration and Development Activities TomorrowVancouver, British Columbia--(Newsfile Corp. - August 7, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company is not aware of any company-specific reason that might be contributing to the recent decline in the company's share price. CITIC Metal ...

  • Is Ivanhoe Mines Ltd.'s (TSE:IVN) 1.7% ROE Worse Than Average?
    Simply Wall St.

    Is Ivanhoe Mines Ltd.'s (TSE:IVN) 1.7% ROE Worse Than Average?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Newsfile

    CITIC Metal's C$612 Million (US$465 Million) Second Equity Investment in Ivanhoe Mines to Close August 16, 2019. Additional C$67 Million (US$51 Million) to Be Received Concurrently from Zijin Mining

    Upon closing, Ivanhoe will have cash of approximately C$1.1 billion (US$860 million) Beijing, China--(Newsfile Corp. - July 30, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that the private placement transaction with CITIC Metal Africa Investments Limited (CITIC Metal Africa), a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal), announced on April 25, 2019, now has received all necessary recordals and registration with ...

  • Ivanhoe Mines: Drilling Extends Strike Length of the Shallow, Thick Copper Discovery at the Kamoa North Bonanza Zone to at Least 550 Metres, With an Implied Strike Length of at Least 2.7 Kilometres
    Newsfile

    Ivanhoe Mines: Drilling Extends Strike Length of the Shallow, Thick Copper Discovery at the Kamoa North Bonanza Zone to at Least 550 Metres, With an Implied Strike Length of at Least 2.7 Kilometres

    New assays return copper grades up to 13.80% over 15.50 metres in the central discovery area. Six rigs now drilling at Kamoa North to extend the discovery's strike length and fast track a resource estimate. Drilling on Ivanhoe's 100%-owned Western Foreland licences, immediately north of the Kamoa-Kakula mining licence, has discovered the extension of the Kamoa Far North high-grade shallow copper corridor on Ivanhoe's wholly-owned licences for at least 400 metres.Kolwezi, Democratic Republic of Congo--(Newsfile ...

  • Baystreet

    Ivanhoe, Electrovaya at 52-Week Highs

    Ivanhoe Mines Ltd. (V.IVN) hit a new 52-week high of $4.34 Tuesday. No news announcements today. Electrovaya ...