Ivanhoe reaffirms commitment to sell 15% in DRC project to govt

TSX-listed Ivanhoe Mines on Wednesday reiterated its commitment to sell further interest of up to 15% in its Kamoa copper project, in the Democratic Republic of Congo (DRC), to the government. This was despite the fact that the sale would dilute China-based Zijin Mining Group’s and Ivanhoe’s interest in Kamoa Copper SA – the holder of the Kamoa copper project exploitation permits, or mining licences.