Ivanhoe Mines promotes David van Heerden to the role of Chief Financial Officer
November 15, 2021
Ivanhoe Mines promotes David van Heerden to the role of
Chief Financial Officer
JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs
Robert Friedland and Yufeng “Miles” Sun are pleased to announce that the company has
promoted David van Heerden to the position of Chief Financial Officer, effective November 12,
2021. Mr. van Heerden’s appointment allows Marna Cloete to focus solely on her role as
Ivanhoe’s President. Ms. Cloete has held the dual roles of President and CFO since her
appointment as President in March 2020.
Mr. van Heerden has been with Ivanhoe Mines since
2011, and has held progressively senior finance roles,
most recently as Vice President, Finance, Treasury and
Tax. Prior to joining Ivanhoe Mines, he was in the
assurance division of Ernst & Young Inc. in
Johannesburg, South Africa, with a focus on mining and
construction clients. Mr. van Heerden is a registered
Chartered Accountant.
“We are pleased to welcome David to the senior
executive management team,” said Mr. Friedland.
“David brings tremendous experience and proven
judgment, and will be a valuable contributor as we
continue our progression into a preeminent, diversified
mining company with industry-leading environmental,
social and governance credentials.”
Marna Cloete commented: “I am thrilled with the
promotion of David to Chief Financial Officer. He is an
exceptional accountant, as well as a long-time trusted advisor. David’s new title reflects his
unique contributions to the company and his indelible impact on Ivanhoe’s success. He has
been assisting me with many of the CFO duties over the past several years, so we expect a
seamless transition.
“This is an extremely busy and exciting period of growth for Ivanhoe Mines. David’s full-time
assumption of the CFO duties will allow me to focus more of my time on ensuring the
successful execution of our plans to bring the Platreef and Kipushi projects into commercial
production.”
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About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal
projects in Southern Africa: the development of major new, mechanized, underground mines at
the Kamoa-Kakula copper discoveries in the Democratic Republic of Congo and at the Platreef
palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the extensive
redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also
in the Democratic Republic of Congo.
Kamoa-Kakula began producing copper concentrates in May 2021 and, through phased
expansions, is positioned to become one of the world's largest copper producers. Kamoa-
Kakula is being powered by clean, renewable hydro-generated electricity and is projected to be
among the world’s lowest greenhouse gas emitters per unit of metal produced. Ivanhoe Mines
has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the
Kamoa-Kakula Copper Mine. Ivanhoe also is exploring for new copper discoveries on its
Western Foreland exploration licences in the Democratic Republic of Congo, near the Kamoa-
Kakula Project.
Information contacts
Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604.558.1034