| Ivanhoe Mines Comments on Share Price | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 26, 2015) - Ivanhoe Mines (IVN.TO) today announced that the company is not aware of any unforeseen specific development, related to corporate or project-related events, that might be contributing to the recent decline in the company's share price. The company released approximately 32.1 million shares from structural lock-up on Friday, January 23, in accordance with the quarterly release schedule established in conjunction with the company's initial public offering in October 2012. As of January 23, 78.3% of the company's total issued and outstanding shares are freely tradeable. The company also announced that the strategic process, led by BMO Capital Markets Limited and Morgan Stanley & Co. International plc, of its Kamoa and Kipushi projects in the Democratic Republic of Congo is progressing as planned. Technical site visits by prospective potential partners are continuing and detailed strategic financial discussions with several parties are underway.
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : IVN.TO |
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CUSIP : 46579N 103 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Ivanhoe Mines is a gold and copper development stage company based in Canada. Ivanhoe Mines produces gold, copper, iron in Australia and in Kazakhstan, develops copper and gold in Mongolia, and holds various exploration projects in Australia. Its main assets in production are SAVAGE RIVER in Australia and BAKYRCHIK in Kazakhstan, its main asset in development is OYU TOLGOI in Mongolia and its main exploration properties are MONYWA in Myanmar and CLONCURRY in Australia. Ivanhoe Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is 919.4 millions as of today (US$ 669.0 millions, € 611.3 millions). Its stock quote reached its lowest recent point on January 29, 2016 at 0.53, and its highest recent level on October 10, 2024 at 19.38. Ivanhoe Mines has 47 442 200 shares outstanding. |