|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||6.37 - 6.51|
|52 Week Range||1.35 - 6.57|
|Beta (5Y Monthly)||2.12|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Canada-based Ivanhoe Mines saidon Tuesday its South African unit has agreed to finance up to$420 million to start mining work on the company's Platreefpalladium and platinum project. The subsidiary, Ivanplats, has signed with Orion MineFinance for $300 million, while it has appointed SocieteGenerale and Nedbank to arrange for up to $120 million in loans,Ivanhoe said. "The production of key 'green metals' needed to reducegreenhouse gas emissions is at a critical inflection point asbusinesses are pressed to secure long-term supplies," Ivanhoeco-chairman Robert Friedland said in a statement.
Non-binding term sheet signed with Orion Mine Finance for US$300 million streaming facilitySociete Generale and Nedbank appointed as mandated lead arrangers for a senior project debt facility of up to US$120 million Detailed engineering underway on mine design, 770-ktpa concentrator and associated infrastructure for Platreef's phased development plan, which is expected to be incorporated into an updated feasibility study by the end of 2021Platreef's Shaft 1 changeover progressing well in preparation for permanent hoisting by early 2022Mokopane, South Africa--(Newsfile ...
Ivanhoe now holds 175 kilometres of strike in the highly-prospective Western Foreland district that hosts the prolific Kamoa and Kakula copper deposits, the first discoveries within this previously unrecognized region of the Central African CopperbeltNew assay results confirm strike extension of Kamoa North high-grade copper trend for at least 800 metres on Ivanhoe's 100%-owned Kiala Discovery, including copper grades up to 12.40% over 5.53 metresIvanhoe now holds 35 kilometres of 100%-owned exploration licences along ...