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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   29/05/2015
 
Ivanhoe agrees to sell half its stake in Kamoa copper project
 

Ivanhoe Mines Ltd., CEO, Lars-Eric Johansson, Chief Executive Officer, announced that Ivanhoe and Zijin Mining Group Co., Ltd. have agreed to a co-development Ivanhoe's Kamoa copper discovery in the Democratic Republic of Congo.

Under terms of agreements signed in Xiamen, Zijin – through its subsidiary, Gold Mountains (H.K.) International Mining Company Limited – will buy a 49.5% share interest in Kamoa Holding Limited, an Ivanhoe subsidiary that presently owns 95% of the Kamoa Project, for US$412 million (approximately C$506 million).

Zijin holds option to acquire an additional 1% share upon successfully arranging project financing for 65% of the first phase of Kamoa’s development costs.


 
 
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