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Bloomberg story on Ivanhoe’s success in the Democratic Republic of Congo flawed by misleading headline and the erroneous reporting and omission of critical facts, Ivanhoe Mines says (Ivanhoe Mines has issued the following statement in response to a story published by

Company Commentary

July 18, 2017

STATEMENT

Bloomberg story on Ivanhoe’s success in the Democratic Republic of

Congo flawed by misleading headline and the erroneous reporting and

omission of critical facts, Ivanhoe Mines says

(Ivanhoe Mines has issued the following statement in response to a story published by

Bloomberg News earlier today.)

VANCOUVER, CANADA – A story published by Bloomberg News today misleads readers with

a false and damaging headline and contains erroneous and misleading claims concerning

Ivanhoe’s success at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo.

The article also deliberately omits critical facts that previously were provided by Ivanhoe to

Bloomberg.

Ivanhoe will issue a more detailed response to the misleading article in due course.

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