Ivanhoe Mines, industry principals and the DRC Government jointly commit to ongoing detailed discussions to resolve issues arising from DRC’s 2018 mining code Miners’ concerns to be addressed in 2018 mining code regulations with the force of law
March 8, 2018
Ivanhoe Mines, industry principals and the DRC Government
jointly commit to ongoing detailed discussions to resolve issues
arising from DRC’s 2018 mining code
Miners’ concerns to be addressed in 2018 mining code
regulations with the force of law
Kinshasa, Democratic Republic of Congo – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF)
welcomes the commitment made yesterday by mining industry representatives and Democratic
Republic of Congo President Joseph Kabila Kabange to continue productive and mutually
advantageous discussions to resolve industry concerns arising from the DRC’s 2018 mining
code.
The commitment was part of a joint statement issued following a positive and constructive six-
hour meeting in the DRC capital of Kinshasa between President Joseph Kabila Kabange, the
Honorable Minister of Mines Martin Kabwelulu, senior members of the government and senior
executives of international mining companies that have operations in the DRC. Companies with
representation at the CEO-level included China Molybdenum, Glencore and Randgold. MMG
and Zijin Mining had senior executive representation. Ivanhoe Mines was represented by
Executive Chairman Robert Friedland.
The joint statement noted that President Kabila has assured the industry representatives that
their concerns about the impacts on their DRC operations that would result from changes to the
DRC mining code will be resolved in legally binding mining regulations.
A live video recorded late at night on March 7, 2018 in Kinshasa of the joint press conference
with the Honorable Minister of Mines Martin Kabwelulu and the industry principals that followed
immediately after the six-hour meeting can be found here: https://youtu.be/WTl-EMl4J3g
About Ivanhoe Mines
Ivanhoe Mines is advancing its three principal projects in Southern Africa: 1) Mine
development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern
Limb of South Africa’s Bushveld Complex; 2) mine development and exploration at the Tier
One Kamoa-Kakula copper discovery on the Central African Copperbelt in the DRC; and 3)
upgrading at the historic, high-grade Kipushi zinc-copper-silver-germanium mine, also on the
DRC’s Copperbelt. For details, visit www.ivanhoemines.com.
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Information contacts
Investors
Bill Trenaman +1.604.331.9834
Media
North America: Bob Williamson +1.604.512.4856
South Africa: Jeremy Michaels +27.82.772.1122