1
Everything Mining Industry Country Focus How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/ivanhoe-to-fast-track-southern-africa-mines-as-citic-invests-another-c612m-2019-04-26
 Article Headline: Ivanhoe to fast-track Southern Africa mines as Citic invests another C$612m
 Abstract: Canada-based Ivanhoe Mines will fast-track production at its southern African projects, after Chinese shareholder Citic Metal invested another C$612-million, pushing the company’s cash position to C$1.3-billion – about double what it needs to finance its share of the construction costs for the Kakula copper mine, in the Democratic Republic of Congo. Citic, through its subsidiary Citic Metal Africa Investments, will invest at C$3.98 a share, which is a premium of 29% over the last closing price, Ivanhoe said on Thursday.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close