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Ivanhoe Mines extends birthday wishes to President of South Africa Cyril Ramaphosa, ahead of the

Corporate Updates

November 17, 2024

Ivanhoe Mines extends birthday wishes to

President of South Africa Cyril Ramaphosa, ahead of the

formal opening of the Platreef Mine on November 18, 2025

MOKOPANE, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF)

Founder and Executive Co-Chairman Robert Friedland, President and Chief

Executive Officer Marna Cloete, and Executive Chairperson of Ivanplats Dr.

Patricia Makhesha today extend their warmest birthday wishes to President

Matamela Cyril Ramaphosa, ahead of the opening ceremony of the Platreef Mine

in Limpopo Province, on Tuesday November 18, 2025. The opening ceremony of

the Platreef platinum-palladium-nickel-rhodium-gold-copper mine is scheduled to

take place ahead of the Qatar Africa Business Forum and the G20 Summit, later

this week in Johannesburg, South Africa.

Ivanhoe Founder and Executive Co-Chairman Robert Friedland commented:

“On behalf of all at Ivanhoe Mines, we extend our heartfelt birthday wishes to

President Ramaphosa. We are deeply honoured that His Excellency will be

formally inaugurating the Platreef Mine, the world’s largest undeveloped precious

metals mine, during the same week that South Africa is hosting leaders from the

world’s major economies for the Qatar Africa Business Forum and the G20

Summit. We join citizens across the nation in celebrating this special occasion.

“South Africa is a significant G20 success story, and the opening of the Platreef

Mine is a landmark occasion for South Africa. The Platreef Mine will be a major

contributor to South Africa’s ongoing industrial advancement, unlocking the rich

economic and social potential of this incredible country for generations to come.

“Tomorrow’s opening ceremony at Platreef marks the culmination of 37 years of

incredibly hard work by thousands of women and men, setting a new standard for

the way that precious and strategic metals are produced in South Africa. Ivanhoe

Mines will continue its commitment to work in partnership with the people of

South Africa, as we expand the mine into one of the world's largest primary

producers of platinum, palladium, rhodium and gold, as well as a major nickel

and copper producer.”

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three

principal projects in Southern Africa; the Kamoa-Kakula Copper Complex in the

2

DRC, the ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the

DRC; and the tier-one Platreef platinum-palladium-nickel-rhodium-gold-copper

Mine in South Africa, which is set to start production in Q4 2025.

Ivanhoe Mines is exploring for copper in its highly prospective, 54-100% owned

exploration licences in the Western Forelands, covering an area over six times

larger than the adjacent Kamoa-Kakula Copper Complex, including the high-

grade discoveries in the Makoko District. Ivanhoe is also exploring for new

sedimentary copper discoveries in new horizons including Angola, Kazakhstan,

and Zambia.

Follow Robert Friedland (@robert_ivanhoe) and Ivanhoe Mines (@IvanhoeMines_)

on X.

Information contact

Investors

Vancouver: Matthew Keevil +1.604.558.1034

London: Tommy Horton +44 7866 913 207

Media

Tanya Todd +1.604.331.9834