Monday, September 12, 2016 7:39:07 AM
Ivanhoe Mines to be added to S&P/TSX Composite Index
effective September 16
TORONTO, CANADA – Ivanhoe Mines’ (TSX: IVN) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that Standard and Poor’s (S&P) has added Ivanhoe Mines to the S&P/TSX Composite Index, effective after the close of trading on September 16, 2016.
The S&P/TSX Composite Index includes the largest companies on the Toronto Stock Exchange, as measured by market capitalization and liquidity. It is widely considered to be the leading indicator of broad market activity in Canadian equity markets.
“Ivanhoe’s addition to the S&P/TSX Composite Index represents a significant milestone for our company and reflects the tremendous efforts and successes of our entire team,” said Mr. Friedland.
“We have made substantial progress in advancing our three mine development projects in Sub-Saharan Africa toward production. Ivanhoe’s inclusion in the headline index in Canada will increase our exposure to a broader range of potential investors and should provide enhanced trading liquidity for our shareholders.”
About Ivanhoe Mines
Ivanhoe Mines is advancing its three principal projects in Sub-Saharan Africa: Mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa’s Bushveld Complex; mine development and exploration at the Kamoa Copper Project — which includes the remarkable Kakula high-grade copper discovery — on the Central African Copperbelt in the DRC; and upgrading and exploration at the historic, high-grade Kipushi zinc-copper-lead-germanium mine, also on the DRC’s Copperbelt. For details, visit www.ivanhoemines.com.
Information contacts
Investors
Bill Trenaman +1.604.331.9834
Media
North America: Bob Williamson +1.604.512.4856
South Africa: Jeremy Michaels +27.82.939.4812
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