According to our CEO Technician, Ivanhoe Mines has a $3 short term technical target if shares in the African mine developer close above $2.50 today. Related: What is a Cup and Handle pattern? Last week, Ivanhoe was upgraded by CIBC World Markets analyst Leon Esterhuizen from “sector perform” to “sector outperform” with a $4.50 price… Continue Reading
Reindeer people, near lake Huvsgul, North Western Mongolia. One of the treasures and wonders of Mongolia. http://www.beforethey.com/tribe/tsaatan
This morning, Robert Friedland’s Ivanhoe Mines (IVN:TSX) announced a monster hole at their Flatreef platinum project in South Africa. In hole TMT006, IVN intersected 90.64m of 4.51g/t 4PGE (platinum, palladium, rhodium and gold) 0.37% nickel and 0.20% copper. Within the 90.64m interval included 40.79m of 6.88g/t 4PGE. “This is an extraordinary drill hole,” said Robert… Continue Reading
Readers may remember I jumped on the Ivanhoe Mines (TSX:IVN) bandwaggon on August 16th when the shares were $1.56. They rallied all the way to $2.59 on September 20th, before falling to where they are today, $2.06, because the company announced a $108 million financing at $2, the gold price has been sucking (a proxy for… Continue Reading
PRESS RELEASE VIA REPUBLIC OF MINING Famed mining financier inaugurates Goodman School of Mines lecture series SUDBURY, ON (October 9, 2013) – Laurentian University’s Goodman School of Mines launched its inaugural lecture series today with two lectures by internationally renowned financier Robert Friedland, Chairman and Founder of Ivanhoe Capital Corporation and Executive Chairman and Founder… Continue Reading
Bob Quartermain’s Pretium Resources (PVG:TSX) has begun processing the 10,000-tonne bulk sample from the Valley of the Kings material at the company’s Brucejack project (news release). The material has been sent to a custom mill in Montana where it will be processed at a rate of 220tpd which will produce gold-silver gravity and flotation concentrates… Continue Reading
“Most great discoveries have to climb a wall of worry and disbelief,” says a geologist who has worked with the Ivanhoe group in Mongolia, R. Edward Flood. “Especially when it comes to Robert Friedland — because all the seasoned investors who follow this sector cannot allow themselves to believe he has done it again.”
Ivanhoe Mines (IVN:TSX) intends to raise up to $108 million for the development of its Kamoa copper discovery and Kipushi copper-zinc project, both located in the Democratic Republic of Congo’s Katanga province. The raise is comprised of 50 million Class A common shares at a price of $2.00 per share. Billionaire founder and Chairman, Robert… Continue Reading
I wrote my article on Robert Friedland so fast on Saturday I forgot to include a critical part of the story, notably, how he’s going to finance platinum production at Platreef in South Africa, amidst abysmal capital markets for mining projects. This is what he said: “We’re still running one of the world’s greatest exploration programs… Continue Reading
I was able to catch up with billionaire Ivanhoe Mines (TSX:IVN) Executive Chairman Robert Friedland in Toronto yesterday. The Singapore-based mining legend was in Toronto this week to announce the launch of Ivanhoe Pictures, a new film and TV finance and production company, and to host the first investor presentations for his Ivanhoe Mines after… Continue Reading
With excerpts from today’s Ivanhoe Mines news release. Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company is proceeding with the sinking of a bulk-sample shaft to access the underground Flatreef platinum, palladium, nickel, copper, gold and rhodium discovery at its Platreef Project in… Continue Reading
THE CALANDRA REPORT: Subscribe $91 yearly and rising JOHANNESBURG — Ivanhoe Mines (TSX:IVN) this week began what looks like a two-year strategy to fortify deposit estimates and tune technical criteria for its Platreef/Flatreef platinum group metals properties in South Africa’s Limpopo Province. A bulk mining permit is in the works, one of perhaps 16 applications,… Continue Reading
Back on March 20th, 2013, when Alpha Minerals was trading in the $4 range, I put a $15 price target on the company’s shares (source). With the announcement yesterday that Fission Uranium will be swallowing Alpha for roughly $7.67 per Alpha share my prediction has fallen short. Shares of the combined company could still double on a… Continue Reading
Just a friendly reminder that Robert Friedland’s Ivanplats has been renamed Ivanhoe Mines and has commenced trading under the symbol IVN on the TSX. Mr. Friedland is touring investors around his properties in South Africa and the DRC this week. Our August 22, 2013 prediction that he would soon send Ivanhoe’s shares above $2 has… Continue Reading
Billionaire promoter and resource developer, Robert Friedland to change name of Ivanplats (IVP:TSX) back to his favorite resource company name, Ivanhoe Mines. The name change will take effect September 3, 2013 and will trade on the TSX under the symbol “IVN”. “The original Ivanhoe Mines and its predecessor company, Indochina Goldfields, earned international recognition and… Continue Reading
