Ivanhoe Mines (TSX:IVN)

[Tommy]

$IVP.TO - $IVPAF - Ivanhoe Mines announces non-brokered private placement

http://www.ivanhoemines.com/s/NewsReleases.asp?ReportID=604680&_Type=News-Releases&_Title=Ivanhoe-Mines-announces-non-brokered-private-placement

TORONTO, CANADA — Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN; formerly Ivanplats, TSX: IVP), and Lars-Eric Johansson, Chief Executive Officer, announced today that the company has agreed on terms for a non-brokered, common share, private-placement financing with a group of investors.

Under the agreed terms, the company will issue no less than 50 million new Class A common shares ("common shares") at C$2.00 per share to raise a total of C$100 million — and potentially may issue up to a total of 54 million common shares, which would raise up to C$108 million. Mr. Friedland will subscribe for $25 million of the offering, effectively proportionate to his holding in the company.

The proceeds of the offering will advance the development of the company's Kamoa copper discovery and the Kipushi zinc-copper-lead-germanium-precious metals project, and for general corporate purposes.

The offering of common shares is subject to a number of conditions, including, without limitation, the finalization of definitive subscription documentation and receipt of all regulatory approvals before closing, including the conditional approval of the Toronto Stock Exchange. The offering is expected to close within two weeks.

Mr. Johansson noted that, as previously disclosed, confidential discussions and the conduct of due diligence are continuing with a selected number of leading international, private and state-owned mining companies that have expressed interest in participating in the company's assets, both at the project and corporate levels.

"Ongoing talks could lead to the formation of a significant strategic corporate partnership or syndicate for continued exploration and development of the company's discoveries and associated infrastructure," he added.

About Ivanhoe Mines

Ivanhoe Mines (TSX: IVN; formerly Ivanplats, TSX: IVP), with offices in Canada, the United Kingdom and South Africa, is advancing and developing its three principal projects:

The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC's Province of Katanga.
The Platreef Discovery of platinum, palladium, nickel, copper, gold and rhodium on the Northern Limb of the Bushveld Complex in South Africa.
The historic, high-grade Kipushi zinc, copper, lead, germanium and precious metals mine, also on the DRC Copperbelt and now being dewatered and upgraded to support a future return to production of copper, zinc and other metals following an 18-year care-and-maintenance program.

Ivanhoe Mines also is evaluating other opportunities as part of its objective to become a broadly based international mining company.

[investor15]

Billionaire Miner Robert Friedland Sounds Off

POSTED ON SEPTEMBER 14, 2013
BY TOMMY HUMPHREYS
Global Opportunities And Leadership

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 a summer spent relaxing and reflecting on the Italian coast, where Mr. Friedland acquired a hotel property earlier this year.

Friedland says that the Chinese are determined to fight air pollution. “I have a home in Beijing but I’ve been avoiding it in recent years because the air pollution has become absolutely diabolical,” Friedland commented. This alone would be enough to drive the conventional Platinum market crazy, he added, noting that catalytic converters which reduce toxic emissions in automobiles use substantial amounts of platinum and palladium.

There is a revolution coming to the automobile industry via the Japanese, according to Friedland. Senior officials in Japan tell him that the Toyota Motor Company will announce hydrogen fuel cell automobiles later this year with a commercial roll out coming in 2015. “These cars will use ounces, not tenths of ounces of platinum,” Friedland said. This is why the Japanese government bought 10% of Ivanhoe’s Platreef project for $300 million, Friedland believes.

The Japanese will also spend as much as $100 billion upgrading their high speed trains, requiring massive amounts of metals, said the always enthusiastic Ivanhoe chairman.

“You will need a telescope to see how high the price of Platinum will go.”

On the subject of quantitative easing in the US, Mr. Friedland commented, “Now we have this new word written by idiots called tapering which is basically the breast of your mother is being taken out of your mouth but just for a few minutes and slowly, and while you’re getting deprived of your mother’s milk, they’re going to give you baby formula instead, and assure you at the same time that money’s going to be free forever. All of the world’s central banks are printing capital. We are not going into a deflationary meltdown. It’s not going to happen. Europe is starting to recover.. The US is clearly in a recovery… Growth in the developing world continues at pace.”

Friedland thinks the sacking of CEOs at major mining companies was a mistake by the boards and chairman at these companies. “Mr. Munk dispensed of Aaron Regent, which was a ridiculous decision, in my considered opinion… The new personage in the CEO positions are risk averse. They’re cutting costs and selling assets, sticking their heads in the sand… What do you think is going to happen in the mining industry where at the top all of the major mining companies are downsizing or shrinking?”

Copper

Friedland says that a growing global economy, coupled with a downsizing mining industry, and constricted exploration finance markets are contributing to a very bullish setup in commodities, in particular copper.

Electrical energy consumption per person on planet earth has never done anything but go up, said the mining legend, and power takes copper. “Copper is the king of metals.”

“These old mines are dying, and their grades are declining, and we’re going to have to have a much higher copper price.”

Friedland believes $4.50 – $4.75 per pound copper prices are necessary to justify the construction of new mines, with one exception, Ivanhoe’s high grade Kamoa project in the DRC, one of two copper development projects in that challenged but resource rich African nation which Ivanhoe owns stakes in. “Did you know the Katanga province [in the DRC] now produces more copper than all of Canada?” Friedland asked rhetorically.

“I think copper is going to hang around $3-$3.25, maybe for a nano second $2.75, but 5 years from now it’s definitely $4-$5 per pound, and this is what a bottom looks like.”

Friedland also suggested a new use for copper. Because of its antiviral and antibacterial properties, the mineral could replace stainless steel as a surface material in hospitals. Silver is another anti-bacterial alternative, albeit more expensive than copper. Whether we’ll be seeing copper counters in hospitals soon is unknown.

On the subject of Iron ore, Friedland commented, “Iron, I’m sorry to say it, but WE’RE FLOATING ON AN IRON BALL, THE EARTH. Iron is either the first or second most common element on the periodic table and everyone and his brother are building iron mines. But copper is rare and hard to find and without it we don’t have a modern world.”

Friedland Track Record

Mr. Friedland is considered to be the most successful mining entrepreneur of our time (Rick Rule to CEO.CA). In the early 1990’s one of Friedland’s companies discovered and developed the Fort Knox gold mine in Alaska, now owned by Kinross. According to Friedland, the project cost investors $7 million and was sold for approximately $600 million.

Friedland’s Diamond Fields International then discovered the Voisey’s Bay nickel project in Newfoundland, Canada, which sent his Diamond Fields stock from $1 to $161 in 13 months adjusted for splits in 1995. “So many trees died to generate the wood pulp in the Globe and Mail to gloat about the fact that Inco paid too much for Voisey’s Bay, $4.3 billion. But actually when the Brazilian’s came to buy Inco they ascribed $12 billion to the value of this asset, so I just want to remind you that the real wealth in the mining industry is generated by FINDING something,” Friedland emphasized.

Friedland turned his attention to Mongolia in 1999. With only $100,000 remaining in Ivanhoe Mines bank account, on the 153rd drill hole, the company discovered a massive copper gold ore body in the Gobi Desert at Oyu Tolgoi. Ivanhoe Mines then executed the largest drilling campaign in the history of the mining industry, over 1 million meters of diamond drill core, to delineate over $400 billion worth of reserves, which Friedland described as giving birth to a 100 kilogram baby.

Oyu Tolgoi mine in Mongolia (Company)
Robert Friedland’s 100 kilogram baby, the Oyu Tolgoi mine in Mongolia (Company)

Over $7 billion was spent developing a mine at Oyu Tolgoi and a $5 billion expansion is now under way, however the market capitalization of the company which owns the mine (Turquoise Hill Resources – TSX:TRQ) is only $5.25 billion. Turquoise Hill will be producing copper at a negative cash cost (thanks to the gold) for over 100 years, Friedland said.

“All the drama about the Mongolian government and the investment agreement is long forgotten. This is the largest lowest cost new copper and gold mine in the world trading at a discount of the capital cost of building the plant right here on the Toronto Stock Exchange right under your nose because we have a bubble in panic.”

Friedland didn’t stop there. “Consider picking up a few shares as a speculation… Pack them away for your favourite nephew.”

Friedland says that he still holds some 80-90 million shares in Turquoise Hill, despite no longer being officially involved with the company, having relinquished control to Rio Tinto, one of the world’s largest mining companies, in 2012.

Ivanhoe 2.0

The team who discovered and built the mine at Oyu Tolgoi are still with Friedland at his Ivanhoe Mines 2.0 (TSX:IVN), and Friedland says that the company now has the three best undeveloped mines in the world, Kamoa, Kipushi and Platreef.

“These are world class mines opening soon at a theatre near you in one package trading at a radical discount to the price the Japanese government was willing to pay.”

Mr. Friedland did not discuss his plans for Ivanhoe Pictures, although rumours are circulating that Ivanhoe’s first film could be a biopic of Friedland himself. The legend’s life does deserve to be told on the silver screen, but who will they cast to play the man?

On the subject of junior mining stocks, Friedland thinks they are extremely undervalued. “We’re much closer to the bottom of this cycle than you imagine. This is not the end of the super-cycle… The financial markets are like a school of fish, they all head in one direction until all of a sudden, they turn on a dime.”

More: Ivanhoe Mines

Disclaimer: This is not investment advice. All figures approximate and all facts to be verified by the reader. We own shares in Ivanhoe Mines. Do your own due diligence.


http://ceo.ca/billionaire-miner-robert-friedland-sounds-off/

[investor15]

IVP – Watch mining legend Robert Friedland send Ivanplats shares over $2 in the near term

POSTED ON AUGUST 22, 2013
BY TOMMY HUMPHREYS
Global Opportunites And Leadership


Last week I bought some Ivanplats at $1.56 thinking it was too beaten up for the calibre of people and projects it has. Summer months are also historically the best times to pick up junior mining shares.

I also just learned that IVP Chairman Robert Friedland (who owns some 135 million IVP shares) will be hosting a site visit in the DRC during the first week of September.

Friedland has been called the greatest mining executive of our time by Rick Rule. Books have been written about him. He was an early mentor to Steve Jobs and legend has it he taught that gentleman how to sell.

I suspect that the excitement this investors field trip generates will be enough to send IVP above $2 in the near term, if not higher.

I see tonnes of value in Ivanplats and I’m jealous of those attending the trip.

Here’s the 12 month IVP Chart:


Related: I made a similar call on Lucara Diamond Corp on August 18, 2012. Lucara has returned over 60% since.

Do your own due diligence.

http://ceo.ca/watch-mining-legend-robert-friedland-send-ivanplats-shares-over-2-in-the-near-term/

[Tommy]

$IVP.TO - $IVPAF - Ivanhoe Mines to begin sinking bulk-sample shaft at its Platreef platinum-group metals, nickel, copper and gold project on South Africa's Bushveld Complex

Shaft that will provide access to underground Flatreef Discovery has been approved by Department of Mineral Resources

Aveng Mining working as shaft-sinking contractor

JOHANNESBURG, SOUTH AFRICA — Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN) (formerly Ivanplats, TSX: IVP), 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 South Africa's Bushveld Complex.

The South African government's Department of Mineral Resources has notified Ivanhoe Mines of its approval of the planned bulk-sampling procedure.

Contractor mobilization and site preparation for the 7.25-metre-diameter Shaft #1 will begin in Q4 2013 and approximately 250 contract employees will be working on the shaft once the sinking work begins. The vertical shaft will extend to a depth below surface of 800 metres and facilitate the collection of a mineralized bulk sample in the second half of 2015 to complete the company's development assessment of the Flatreef.

Shaft #1 is expected to cost US$80 million (ZAR 818 million), which is expected to be fully funded from the approximately US$180 million in dedicated funds remaining in Ivanhoe's treasury from the US$280 million received in 2011 for the sale of an 8% interest in the Platreef Project to a Japanese consortium of Itochu Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and JGC Corporation.

Ivanhoe Mines is working with the Japanese consortium on an integrated Flatreef development plan based on an exclusively underground mining operation of up to 12 million tonnes per year utilizing multiple shafts. The study is expected to be completed late this year or early next year.

"This is a very significant development in the life of our South African project," said Mr. Friedland. "After 18 years of determined exploration that produced this truly amazing discovery, the sinking of the bulk-sample shaft is a crucial step in moving the Flatreef Discovery toward production as a state-of-the-art underground mine. We are at the stage where we need get underground and obtain a bulk sample from the mineral deposit to confirm Flatreef's metallurgy and mining characteristics to help us finalize our design and operations planning.

"Together with our Japanese partners and our South African employees, we look forward to the day when we can take our stakeholders and investors underground to show them firsthand the incredible thickness, grades and continuity of the Flatreef platinum, palladium, nickel, copper, gold and rhodium mineralization.

"We're committed to working with all stakeholders to create much-needed jobs and contribute significantly to the socio-economic development of our host communities, the surrounding Limpopo region and South Africa as a whole as we advance through construction and launch initial production."

Aveng Mining is shaft-sinking contractor

South Africa-based Aveng Mining is the sinking contractor for Shaft #1 and has been working on shaft engineering and design since June 2013.

Mr. Friedland said that given the Flatreef Deposit's remarkably thick mineralized zones, Ivanhoe Mines is committed to ensuring that its underground operations will be at the forefront of safe, new mining technology.

"Compared to an open-pit mine, the planned mine at Flatreef will have a greatly reduced surface footprint because the majority of the mine's operations, including workshops, crushers and other infrastructure, will be underground," Mr. Friedland added.

"We believe that the unique characteristics of our Flatreef Discovery offer us the opportunity to take a quantum leap forward in the application of ethical mining practices, providing for a highly-mechanized, automated and safe working environment for a new generation of skilled and trained South African workers.

"The extraordinary utility afforded by platinum and palladium, particularly their use in catalytic converters in motor vehicles and fuel cells, combined with growing calls for improved air quality from countries around the world, means there will be expanding demand for these metals. South Africa is blessed with an enormous resource endowment of platinum and palladium and Ivanhoe Mines, with its discovery of the Flatreef mineral system, expects to be at the forefront of a resurgent South African PGMs industry in the decades to come."

Mr. Johansson said that when the shaft sinking begins, the Platreef Project will directly employ approximately 550 workers, including full-time staff, drillers and shaft sinking contractors. "Ivanhoe will continue to encourage our contractors to employ men and women from our host communities and once the Platreef Mining Right is granted, employment at the project should increase significantly as the mine development and construction ramps up.

"Our intention is to build a world-class underground mine for many decades to come. Eventually the project could create some 10,000 direct and indirect jobs, and will considerably stimulate the local and regional economies."

Platreef Mining Right Application filed in June 2013

In June 2013, Ivanhoe Mines filed a Mining Right Application (MRA) for the Platreef Project with the Department of Mineral Resources (DMR). A Mining Right allows a company to mine and process minerals optimally from the mining area for a maximum period of 30 years, which may be extended upon application.

The company has begun the Environmental and Social Impact Assessment (ESIA) process. The MRA review will involve a thorough assessment of Ivanhoe's Environmental Management Program, Social and Labour Plan and Mining Work Program, which must be filed with the DMR by February 24, 2014. The ESIA will engage with all interested stakeholders, including local communities and governments.

Current drilling focus on advancing technical studies and expanding resources

Ivanhoe Mines has 11 drill rigs at the Platreef Project, with 10 rigs drilling metallurgical/geo-technical holes and one exploration rig targeting a potential contiguous, high-grade mineralized zone to the southeast of Flatreef's Zone 1. The exploration drilling program is focused on delineating the exploration target — Ga-Madiba — that is believed to represent the southern continuation of the shallow Flatreef underground deposit. The company is adding another four rigs to the exploration drilling program.

The Platreef Project is a Tier One discovery of platinum-group elements, nickel, copper and gold which contains the Flatreef underground deposit, on the Bushveld's Northern Limb, north of the town of Mokopane and approximately 280 kilometres northeast of Johannesburg. The project is located on two contiguous rights, Turfspruit and Macalacaskop, which adjoin Anglo Platinum's Mogalakwena mining operations.

The Flatreef Mineral Resource, with a strike length of six kilometres, predominantly lies within a flat to gently dipping portion of the Platreef mineralized belt at relatively shallow depths of approximately 700 to 1,100 metres below surface.

The Flatreef Deposit is characterized by its very large vertical thicknesses of high-grade mineralization and the platinum-to-palladium ratio of approximately 1:1, which is significantly higher than other PGMs discoveries on northern limb of the Bushveld. The grade shells used to constrain mineralization in the Flatreef Indicated Resource area have average true thicknesses of approximately 24 metres at a 2 g/t 3PE (platinum-palladium-gold) cut-off grade, with an equivalent average resource grade of 4.1 g/t 4PE (platinum-palladium-gold-rhodium), 0.34% nickel and 0.17% copper. Flatreef's Indicated Mineral Resources of 214 million tonnes contain an estimated 28.5 million ounces of platinum, palladium, gold and rhodium, 1.6 billion pounds of nickel and 800 million pounds of copper.

At the same cut-off of 2 g/t 4PE, the latest Flatreef estimate includes Inferred Mineral Resources of 415 million tonnes grading 3.5 g/t 4PE, 0.33% nickel and 0.16% copper, containing an estimated additional 47.2 million ounces of platinum, palladium, gold and rhodium, 3.0 billion pounds of nickel and 1.5 billion pounds of copper.

Qualified Person

The scientific and technical information in this release has been reviewed and approved by Stephen Torr, Ivanhoe Mines' Vice President, Project Geology and Evaluation, a Qualified Person under the terms of National Instrument 43-101. For information about data verification measures used to support the scientific and technical information, please refer to the current technical report on the Platreef Project on the SEDAR profile of Ivanhoe Mines at www.sedar.com.

In March 2013, Ivanplats received a new independent Technical Report for the Flatreef Deposit. The Technical Report, prepared by AMEC in accordance with CIM Guidelines and directed by AMEC Technical Director Dr. Harry Parker, is available at www.ivanhoemines.com and www.sedar.com.

About Ivanhoe Mines

Ivanhoe Mines (TSX: IVN) (formerly Ivanplats, TSX: IVP), with offices in Canada, the United Kingdom and South Africa, is advancing and developing its three principal projects:

The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC's Province of Katanga.

The Platreef Discovery of platinum, palladium nickel, copper, gold and rhodium on the Northern Limb of the Bushveld Complex in South Africa.

The historic, high-grade Kipushi zinc-copper-germanium mine, also on the Copperbelt in the DRC and now being dewatered and upgraded to support a future return to production of copper, zinc and other metals following a care-and-maintenance program conducted between 1993 and 2011.

Ivanhoe Mines also is evaluating other opportunities as part of its objective to become a broadly based international mining company.

Information contacts

[Tommy]

$IVP.TO - $IVPAF - Ivanplats changes its name to Ivanhoe Mines

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=600006&_Type=News-Releases&_Title=Ivanplats-changes-its-name-to-Ivanhoe-MinesbrbrNew-name-reflects-the-compan...

New trading symbol to be IVN on Toronto Stock Exchange
TORONTO, CANADA — Ivanplats (TSX: IVP) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that the company has changed its name to Ivanhoe Mines Ltd. effective today. The trading symbol for the common shares of the renamed Ivanhoe Mines will be IVN on the Toronto Stock Exchange and is expected to be in effect for market open on Tuesday, September 3.

"As our company continues to advance our diverse, principal projects, we believe this is the right time to make the transition to a corporate identity that more broadly reflects the fact that Ivanplats has grown and evolved in recent years to become much more than a singularly focused platinum-group metals company," said Mr. Friedland.

"We have been expanding our Platreef Project in South Africa's Bushveld platinum belt for more than a decade. Encouraged by our progress, we began using the distinguishing Ivanplats name several years ago — before the fortuitous pace of events enabled us to announce our Kamoa copper discovery in the Democratic Republic of Congo's Katanga Province in 2009 and before our acquisition of a majority interest in Katanga's Kipushi zinc-copper-germanium-precious metals mine in 2011.

"Today, we have turned a page and are proud to usher in the era of the New Ivanhoe Mines."

Mr. Johansson said that the Ivanplats name is being retained for use in the ongoing development of the company's Platreef Discovery of platinum-group elements, nickel, copper, gold and rhodium in South Africa.

The wellspring for the naming of the original Ivanhoe Mines entity in 1999 was Ivanhoe Capital Corporation, the private venture capital and project finance firm founded by Mr. Friedland in 1987. Ivanhoe Capital retained the right to the Ivanhoe name through a subsequent 2010 agreement with Ivanhoe Mines and Rio Tinto. This agreement required the relinquishment of the Ivanhoe name after Rio Tinto acquired control of Ivanhoe Mines in January 2012. Ivanhoe Mines shareholders voted in June to approve the change to the new name of Turquoise Hill Resources (TSX, NYSE & NASDAQ: TRQ), which took effect in August 2012, directly aligning the company's name with its flagship Oyu Tolgoi Project in Mongolia.

"The original Ivanhoe Mines and its predecessor company, Indochina Goldfields, earned international recognition and respect over almost 20 years due in large part to the successes of its exploration and development teams, crowned by the discovery of Oyu Tolgoi's copper and gold resources over several years beginning in 2001 and the construction of the mine," Mr. Friedland added.

"We believe the discoveries that Ivanplats has made so far at Kamoa in the DRC and at Platreef in South Africa have the potential to be as significant, perhaps even more so, than Oyu Tolgoi. Our decision to reintroduce the Ivanhoe Mines name to the mining and investment communities better reflects our multi-commodity mine development portfolio. After 19 years of company-building experience in Africa, this is an appropriate time for Ivanplats to assume the Ivanhoe Mines mantle as we continue the fulfilment both of the company's potential and its commitments to all of its stakeholders — and our pursuit of opportunities across new horizons."

The common shares of Ivanhoe Mines will be identified by CUSIP number 46579R104, unless restricted by Rule 144A in the United States, in which case those restricted shares will be identified by CUSIP number 46579R203.

About the new Ivanhoe Mines

Ivanhoe Mines (TSX: IVN) (formerly Ivanplats, TSX: IVP), with offices in Canada, the United Kingdom and South Africa, is advancing and developing its three principal projects:

The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC's Province of Katanga.

The Platreef Discovery of platinum-group elements, nickel, copper, gold and rhodium on the Northern Limb of the Bushveld Complex in South Africa.

The historic, high-grade Kipushi zinc-copper-germanium-precious metals mine, also on the Copperbelt in the DRC and now being dewatered and upgraded to support a future return to production of copper, zinc and other metals following a care-and-maintenance program conducted between 1993 and 2011.

Ivanhoe Mines also is evaluating other opportunities as part of its objective to become a broadly based international mining company.

Information contacts

Investors
Bill Trenaman +1.604.331.9834
Media
North America: Bob Williamson +1.604.512.4856
South Africa: Jeremy Michaels +27.11.088.4348

Website: www.ivanplats.com

[ryanonthevedder]

Good volume and movement on IVP today. Looks like the depressed valuation is turning around quickly. I see $2 by month end. Probably $3's for year end. This stock should have never been down this far, but it was and I bought what I could.

Such an incredible story here!

[Tommy]

$IVP.TO - $IVPAF - Lower initial capital cost and significant smelting capacity are among key elements for a refocused development study for Ivanplats' Kamoa copper discovery

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=596174&_Type=News-Releases&_Title=Lower-initial-capital-cost-and-significant-smelting-capacity-are-among-key-...

KINSHASA, DEMOCRATIC REPUBLIC OF CONGO – Ivanplats Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that key elements have been established for a new study to help set the stage for the cost-effective development of a mine and processing plant at the company's Kamoa copper discovery on the Central African Copperbelt in the Democratic Republic of Congo's Katanga Province.

The refocused Kamoa development study, to be prepared in conformance with the requirements set out in Canada's National Instrument 43-101, is expected to result in the declaration of the first mineral reserves at Kamoa and to report on the establishment of an appropriately phased approach to achieving first production and progressive expansion of the Kamoa Project.

Ivanplats is proposing two principal phases of development:

The first phase of mining would target production of high-grade copper mineralization from shallow, underground resources to yield a high-value concentrate. Initial mill feed would come from Kansoko Sud and lead into the Centrale area of Kamoa's gently-dipping mineralized zones that collectively contain estimated Indicated Resources of 224 million tonnes grading 3.85% copper (at a 3.0% copper cutoff and a minimum 3.0-metre vertical mining thickness). Resource details are contained in the March 2013 Kamoa Technical Report, available at www.sedar.com.
The planned second phase would entail a major expansion of the mine and mill and construction of a large smelter, supported by the full extent of the Kamoa resources.

Mr. Friedland said the revised mining scenario was being developed to deliver the best balance of a lower initial capital cost and shortest time to first production, while maintaining the company's commitment and momentum toward a major mine, mill and smelting operation.

"This scenario, if confirmed by current studies and financial modelling, could provide for a 2017 start of copper production from Kamoa's first phase of development, subject to available financing. It would require significantly lower capital costs than previously considered launch scenarios, while preserving the viability of our medium- and longer-term development options."

A recommended initial production rate will form part of the development study being prepared by Hatch Ltd., of South Africa, one of the world's leading mining engineering consultants. Projected to be completed in the second half of 2014, the study will be based on development of the estimated mineral resources described in the March 2013 Kamoa Technical Report, excluding Inferred Resources.

In addition, an updated preliminary economic assessment of the preferred development scenario now underway is expected to be finished in the fourth quarter of this year.

Building of mine-access decline at Kamoa planned to begin early next year

Mr. Johansson said that excavation of the first mine-access decline at Kamoa is expected to begin early next year. The decline would provide machinery with access to the high-grade, near-surface copper resources that would be targeted for the planned first phase of production using the room-and-pillar mining method.

"To get into production as quickly as possible, our current strategy is to start with a smaller, simpler and more capital-efficient mine. Given the Kamoa Project's significant estimated Mineral Resource tonnage and its large lateral extent, we continue to believe that potential mining rates of up to 20 million tonnes per annum eventually could be achieved by operating in multiple mining areas and completing a series of production expansions to maximize the mine's capacity."

Construction of smelter an integral part of development plan

Mr. Johansson said Ivanplats is committed to build a smelter that will have the capacity to serve other mines in the Katanga district, create hundreds of additional skilled jobs as part of the project's major economic stimulus to the region and support the government's policy of adding in-country value to mineral production.

"A smelter also will improve the long-term economics of the project by reducing transportation costs and generating significant additional revenues through sales of the sulphuric acid by-product of the smelting process."

The Hatch development study will assess the most cost-effective smelter capacity and relevant smelting processes. It also will provide details on equipment, capital and operating costs as part of an analysis of the scope of proposed mining and processing to confirm Kamoa's commercial viability.

Timing of the smelter construction is dependent, in part, on the provision of additional generating capacity within the DRC's power supply grid.

In 2011, Ivanplats and DRC's state-owned power company, La Société Nationale d'Electricité (SNEL), agreed to upgrade two existing hydroelectric power plants, Mwadingusha and Koni, to feed up to 113 megawatts into the national power supply grid. SNEL would provide the Kamoa project with 100 megawatts from the grid, which would be sufficient to operate the initial mine. In April 2013, SNEL signed a further memorandum of understanding with Ivanplats to upgrade a third hydroelectric power plant -- Nzilo 1 -- that is projected to provide approximately an additional 100 megawatts to the grid upon its planned completion in 2022, entitling Kamoa to receive another 100 megawatts from the grid. A combined total of 200 megawatts from the grid would cover the power requirements of Kamoa's smelter and future mine expansions.

The start-up scenario to be examined in the development study will consider the necessity of the sale of copper concentrates as an interim measure pending Ivanplats' completion of its planned smelter in the vicinity of the Kamoa mine.

"The DRC government earlier this year mandated an end to exports of copper and cobalt concentrates, which is intended to encourage investments in additional mineral processing facilities within the DRC," Mr. Johansson said.

"The restriction presently is due to take effect in 2014. The country's current mining code requires a permit for the export of unprocessed minerals, which should be granted if insufficient processing facilities exist within the DRC or if it can be demonstrated that exports would generate a net benefit to the country.

"We believe our planned Kamoa development would meet the DRC's export criteria, if required. The Hatch development study will include a review of the economic impact of copper concentrate sales and the company will investigate regulatory procedures required to conduct limited-term concentrate sales as a prelude to, and in the context of, our integrated plan to build a major smelter in the DRC to produce higher-value blister copper," Mr. Johansson added.

"Significant improvements in transportation infrastructure in Central Africa in recent years, including railways in neighbouring Zambia and Angola, appear to make deliveries of copper concentrates by road and rail to third-party smelters viable and attractive during Kamoa's early years of production."

The development study's conclusions will be discussed with the DRC government. Additional studies are underway to advance the geotechnical, engineering and metallurgical understanding of Kamoa in support of the development study. Stantec Inc., of Arizona, USA, is preparing the mine plan based on the resources in the March 2013 Kamoa Technical Report. Four rigs are drilling at Kamoa to obtain further core for the Phase 4 metallurgical studies to help fine tune the optimal copper recovery process. Further hydrological drilling and testing is scheduled for the first half of 2014 to improve Kamoa's hydrological models.

Discussions well advanced with potential strategic partners

Mr. Friedland said that confidential discussions and the conduct of due diligence are well advanced with a selected number of leading international private and state-owned mining companies that have expressed interest in potential participation in the Kamoa Project. Ongoing talks could lead to the formation of a significant strategic partnership or syndicate for continued exploration and development of the Kamoa discovery and associated infrastructure.

Kamoa is world's largest undeveloped high-grade copper discovery

A new independent estimate detailed in the March 2013 Kamoa Technical Report more than doubled the high-grade Indicated Mineral Resources at Ivanplats' Kamoa copper discovery. Kamoa now ranks as Africa's largest high-grade copper discovery and the world's largest undeveloped high-grade copper discovery.

At a 2% copper cut-off grade, Kamoa's Indicated Resources presently total 550 million tonnes grading 3.04% copper and containing 36.9 billion pounds of copper. At the 2% cut-off, Kamoa also has 93 million tonnes of Inferred Resources grading 2.64% copper, which contain an estimated 5.4 billion pounds of copper.

At a lower, 1% copper cut-off grade and a minimum vertical mining thickness of three metres, Kamoa's Indicated Mineral Resources total 739 million tonnes grading 2.67% copper and containing 43.5 billion pounds of copper. In addition, Inferred Mineral Resources are estimated to total 227 million tonnes grading 1.96% copper and containing 9.8 billion pounds of copper.

The January resources estimate was prepared by AMEC, based on core from 555 holes drilled to December 10, 2012, in accordance with CIM Guidelines and under the direction of AMEC's Technical Director Dr. Harry Parker.

Kamoa Project description

The Kamoa Project is a very large, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of the Katanga provincial capital of Lubumbashi. Ivanplats holds its 95% interest in the Kamoa Project through a subsidiary company, African Minerals Barbados Limited SPRL (AMBL). A 5%, non-dilutable interest in AMBL was transferred to the DRC government on September 11, 2012, for no consideration, pursuant to the DRC Mining Code. Ivanplats also has offered to sell an additional 15% interest to the DRC government on commercial terms to be negotiated.

In August 2012, the DRC government granted mining licences for the Kamoa Project that cover a total of 400 square kilometres. The licences are valid for 30 years and can be renewed at 15-year intervals.

Qualified Person

Disclosures of a scientific or technical nature in this news release have been reviewed and approved by David Broughton, Ivanplats' Executive Vice President of Exploration, who is a Qualified Person under the terms of National Instrument 43-101. Ivanplats has prepared NI 43-101-compliant technical reports for the Kamoa Project, the Platreef Project and the Kipushi Project, which are available under the Company's SEDAR profile at www.sedar.com. These technical reports include relevant information regarding the effective date and the assumptions, parameters and methods of the mineral resource estimates on the Kamoa Project cited in this news release, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this news release in respect of the Kamoa Project. The Kamoa development study by Hatch Ltd. will be prepared to a pre-feasibility level of confidence as defined by NI 43-101.

About Ivanplats

Ivanplats (TSX:IVP), with offices in Canada, the United Kingdom and South Africa, is advancing and developing its three principal projects:

The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the DRC's Province of Katanga.
The Platreef Discovery of platinum-group elements, nickel, copper and gold on the Northern Limb of the Bushveld Complex in South Africa.
The historic, high-grade Kipushi zinc-copper mine, also on the Copperbelt in the DRC and now being dewatered and upgraded to support a future return to production of copper, zinc and other metals following a care-and-maintenance program conducted between 1993 and 2011.

Ivanplats also is evaluating other opportunities as part of its objective to become a broadly based international mining company.

[Tommy]

$IVP.TO - $IVPAF - chart update

[Tommy]

$IVP.TO - $IVPAF - Ivanplats files Mining Right Application for its Platreef platinum-group metals, nickel, copper and gold project on the Northern Limb of South Africa's Bushveld Complex

Resumption of drilling at Platreef Project to focus on advancing
technical studies and target expansion of resources

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=587375&_Type=News-Releases&_Title=Ivanplats-files-Mining-Right-Application-for-its-Platreef-platinum-group-me...

[Tommy]

$IVP.TO - $IVPAF - Ivanplats Announces Financial Results and Review of Operations for the First Quarter of 2013

Major increases in resources at two key projects
in South Africa and the DRC in Q1 2013

Agreement reached on upgrading of a third hydroelectric power plant
in the DRC to support expanded mining scenarios
at Ivanplats' Kamoa copper discovery

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=584484&_Type=News-Releases&_Title=Ivanplats-Announces-Financial-Results-and-Review-of-Operations-brfor-the-Fi...

... "HIGHLIGHTS

In January 2013, a new independent resource estimate more than doubled high-grade Indicated Mineral Resources at Ivanplats' Kamoa copper discovery in the Democratic Republic of Congo (DRC). Kamoa now ranks as Africa's largest high-grade copper discovery and the world's largest undeveloped high-grade copper discovery. This expansion of resources represents a major advance in Ivanplats' plans to bring the Kamoa Copper Project into production.

Also in January 2013, Ivanplats appointed senior mining executive Steve Garcia to lead the company's mine-building team in Africa. The roster of executive appointments also included Andre Zeelie, Gopolang Enoch Makokwe and Jeremy Michaels.

In March 2013, a new independent resource estimate significantly expanded and upgraded the mineral resources at the Flatreef Discovery on Ivanplats' Platreef platinum, palladium, gold and rhodium (4PE), nickel and copper project on the Northern Limb of South Africa's Bushveld Complex. The Flatreef averages 24 metres in true thickness at a 2.0-gram-per-tonne (g/t) 3PE cut-off grade and is potentially amenable to large-scale, mechanized underground mining. The thick Flatreef mineralization remains open for expansion, with approximately 37.5 square kilometres of property untested.

In April 2013, DRC's state-owned power company, La Société Nationale d'Electricité, signed a memorandum of understanding with Ivanplats to upgrade a third hydroelectric power plant - Nzilo 1 - to secure an additional supply of sustainable electricity for the Company's Kamoa Project. The proposed Nzilo 1 upgrade would be in addition to the planned upgrades by Ivanplats of the Mwadingusha and Koni hydroelectric plants. The three plants could produce a combined 200 megawatts of long-term, clean electricity for the grid, which would be more than sufficient to launch production at Kamoa.

In May 2013, Ivanplats expanded its mine-building team with the hiring of Brock Gill as Managing Director of the Kamoa Project and Vice President of DRC Operations, effective June 1, 2013.

The Mining Right Application for Ivanplats' Platreef Project is being finalized for application in Q2'13." ...

[Tommy]

$IVP.TO - $IVPAF - Ivanplats conducting strategic process for early lock-up release transaction

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=581599&_Type=News-Releases&_Title=Ivanplats-conducting-strategic-process-for-early-lock-up-release-transactio...

VANCOUVER, CANADA - Ivanplats announced today that the first Class A Common Shares that have been held under a six-month lock-up agreement in connection with the company's October 2012 initial public offering (IPO) are being released on April 22 and 23, 2013. In addition, the company also will release the first tranche of 12 quarterly Class A Common Shares, after their conversion from Restricted Class B Shares.

Ivanplats has made a commitment that, starting on or about the date of this first release, it would consider transactions by which locked-up Class A Common Shares could be released early and sold to designated purchasers. Ivanplats recently identified a potential transaction structure that would accomplish this objective, subject to prevailing commercial and market factors. The transaction is under detailed consideration and regulatory review at this time.

About Ivanplats

Ivanplats (TSX:IVP), with offices in Canada, the United Kingdom and South Africa, is advancing and developing its three principal projects:

The Kamoa copper discovery by Ivanplats in 2009, in a previously unknown extension of the Central African Copperbelt in the Democratic Republic of Congo (DRC).
The Platreef Discovery of platinum-group elements, nickel, copper and gold by Ivanplats on the Northern Limb of the Bushveld Complex in South Africa. In 2010, Ivanplats discovered the "Flatreef", a zone of high-grade mineralization that lies within a flat to gently dipping portion of the Platreef and potentially is amenable to selective underground mining methods.
The historic, high-grade Kipushi zinc-copper mine, also on the Copperbelt in the DRC and now being dewatered and upgraded to support a future return to production of copper, zinc and other metals following a care-and-maintenance program conducted between 1993 and 2011.

Ivanplats also is evaluating other opportunities as part of its objective to become a broadly based international mining company.

[Tommy]

$IVP.TO - $IVPAF - Development of Ivanplats' Kamoa copper discovery not affected by reported DRC decree banning exports of copper concentrate

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=581234&_Type=News-Releases&_Title=Development-of-Ivanplats-Kamoa-copper-discovery-not-affected-by-reported-DR...

... "Investors should note the following relevant considerations, as previously reported by Ivanplats in its Kamoa Technical Report and other disclosure documents filed on the SEDAR website at www.sedar.com:

– Ivanplats' Kamoa Project is approximately three years away from its planned initial production of copper concentrate.
– Ivanplats' development plans always have included what would become the DRC's first smelter, which would produce an upgraded product other than concentrate, plus sulphuric acid that is required by the domestic Congolese copper industry to process oxide copper concentrate.
– The DRC's mining code presently permits the export of concentrate if the export can be shown to be beneficial to the DRC and also with the payment of applicable taxes to the DRC government." ...

[Tommy]

$IVP.TO - $IVPAF - Ivanplats reaches agreement on upgrading of a third hydroelectric power plant in the Democratic Republic of Congo to support expanded mining scenarios at Ivanplats' Kamoa copper discovery

http://www.ivanplats.com/i/pdf/2013-04-11_NR.pdf

[Tommy]

$IVP.TO - $IVPAF - Ivanplats Issues 2012 Year-End Results and Review of Operations

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=578232&_Type=News-Releases&_Title=Ivanplats-Issues-2012-Year-End-Results-and-Review-of-Operations

..."HIGHLIGHTS FROM 2012 AND Q1 2013

On October 23, 2012, Ivanplats successfully closed its initial public offering (IPO) and the Common Shares began trading on the Toronto Stock Exchange under the symbol IVP. The overall aggregate equity issued in connection with the IPO was approximately $509 million, which included $197 million from the conversion of pre-IPO bonds.

In January 2013, a new independent resource estimate more than doubled high-grade Indicated Mineral Resources at Ivanplats' Kamoa copper discovery in the Democratic Republic of Congo (DRC). Kamoa now ranks as Africa's largest high-grade copper discovery and the world's largest undeveloped high-grade copper discovery. This expansion of resources represents a major advance in Ivanplats' plans to bring the Kamoa Copper Project into production

Also in January 2013, Ivanplats appointed senior mining executive Steve Garcia to lead the company's mine-building team in Africa. The roster of executive appointments also included Andre Zeelie, Gopolang Enoch Makokwe and Jeremy Michaels.

In March 2013, a new independent resource estimate significantly expanded and upgraded the mineral resources at the Flatreef Discovery on Ivanplats' Platreef platinum, palladium, gold & rhodium (4PE), nickel and copper project on the Northern Limb of South Africa's Bushveld Complex. The Flatreef averages 24 metres in true thickness at a 2.0-gram-per-tonne (g/t) 3PE cut-off grade and is potentially amenable to large-scale, mechanized underground mining. The thick Flatreef mineralization remains open for expansion, with approximately 37.5 square kilometres of property untested." ...

[Tommy]

$IVP.TO - $IVPAF - Flatreef Discovery expands to 29.2 million ounces of platinum, palladium, rhodium and gold in Indicated Mineral Resources, plus an additional 44.0 million ounces in Inferred Mineral Resources, at a 2.0 g/t 4PE cutoff

http://www.ivanplats.com/s/NewsReleases.asp?ReportID=569749&_Type=News-Releases&_Title=Flatreef-Discovery-expands-to-29.2-million-ounces-of-platinum-palladium-rho...

... "Flatreef averages 24 metres in true thickness and is potentially amenable
to large-scale, mechanized underground mining

Indicated and Inferred Resources also include substantial nickel
and copper credits

Flatreef mineralization remains open for expansion,
with approximately 37.5 square kilometres of property untested" ...

... "Speaking in a keynote address at the Investing in African Mining Indaba Conference, Mr. Friedland said that a new mineral resource model based on drilling results audited by AMEC E&C Services of Reno, Nevada, has upgraded more than 220 million tonnes of the Flatreef Discovery's previously declared Inferred Mineral Resources into the higher-confidence classification of Indicated Mineral Resources.

"Flatreef is distinguished from other Bushveld projects by its tremendous size, the remarkable thickness of the polymetallic mineralized reef and its potential for significant by-product credits of nickel and copper," Mr. Friedland said.

"The successful upgrading and expansion of the selective high-grade underground resources advance the definition of the initial mine plan in which we intend to incorporate safe, efficient, large-scale, mechanized mining methods.

"Given that the cumulative true thickness of the two mineralized zones in the currently defined Indicated Resources is 24 metres at a two-gram-per-tonne 4PE cut-off, we firmly believe that the Flatreef Discovery will enhance the future of underground platinum mining in South Africa."" ...

[Tommy]

$IVP.TO - $IVPAF - Corporate Video

http://www.ivanplats.com/s/Videos.asp

[Tommy]

$IVP.TO - $IVPAF - Projects - Overview

http://www.ivanplats.com/s/Projects.asp