Ivanhoe Australia

Barrick (NYSE:ABX) Finishes Sale of Osborne Mine to Ivanhoe Australia (ASX:IVA)

Mining giant Barrick Gold (NYSE:ABX) has finished its sale of the Osborne copper/gold mine, based in Queensland, to Ivanhoe Australia (ASX:IVA). Ivanhoe Australia CEO Peter Reeve said, “The acquisition of the Osborne copper/gold operation has fundamentally altered Ivanhoe Australia’s development path and will allow us to become a significant base-metals producer much earlier than we originally

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Ivanhoe (NYSE:IVN) Slaps Down "False and Misleading" Information from ‘Business Spectator’ and ‘The Australian’

Ivanhoe Mines (NYSE:IVN) noted in a press release that recent information published on the ‘Business Spectator’ website and in ‘The Australian’ newspaper contained “false and misleading information” about the mining company. Concerning the numbers, some of the assertions made which Ivanhoe refutes, includes the costs of the Oyu Tolgoi copper-gold project in Mongolia, which was said to be $4

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Ivanhoe Australia Raising $211 Million for Osborne, Merlin Acquisitions

Ivanhoe Australia, whose biggest stakeholder is Ivanhoe Mines (NYSE:IVN), will via an institutional placement raise $211 million for acquisitions and expansion.The particular acquisition they’re looking at is the Osborne gold project, and the development side is the Merlin molybdenum project. Part of the capital will also be used to pay down some of the debt Ivanhoe Australia owes to Ivanhoe

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