Ivanhoe’s Chinese Money Rains Down in Africa

Some light reading of Ivanhoe Mines’ (TSX:IVN) quarterly report released today (November 8), shows the company has been busy, with the September quarter cluttered with business deals and mine development progress, and capped off with the Makoko copper discovery in the Democratic Republic of the Congo (DRC). The Canadian company is flush with cash to […]

Good to Go: Ivanhoe’s CITIC Deal Nears Closing

Ivanhoe Mines (TSX:IVN) C$ 723-million deal with Chinese mega-conglomerate CITIC (HKEX:0267) has now cleared all the hurdles of Beijing’s regulatory agencies, and will close in mid-September. On Thursday (September 6), Ivanhoe said that the transaction with CITIC had received the Chinese government’s blessing, and was due to close on September 19, cementing the lucrative deal […]