Ivanhoe Mines reports fatality at the Kamoa-Kakula Copper Project

August 16, 2020

Ivanhoe Mines reports fatality at the Kamoa-Kakula Copper Project

KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX:

IVPAF) regrets to report that a fatal accident occurred today at the Kamoa-Kakula Copper

Project in the Democratic Republic of Congo (DRC).

The preliminary information indicates that the accident occurred underground at the Kakula

north workings when a contractor’s employee collided with the side wall of an access drive

while attempting to move a drilling rig. The Kamoa-Kakula senior management team is working

with the DRC authorities to facilitate their investigation of the accident.

The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines (39.6%), Zijin

Mining Group (39.6%), Crystal River Global Limited (0.8%) and the DRC government (20%).

About Ivanhoe Mines

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

venture projects in Southern Africa: the development of major new, mechanized, underground

mines at the Kamoa-Kakula discoveries in the Democratic Republic of Congo (DRC) and at the

Platreef palladium-platinum-nickel-copper-rhodium-gold discovery in South Africa; and the

extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver

mine, also in the DRC. Kamoa-Kakula and Kipushi will be powered by clean, renewable

hydroelectricity and will be among the world’s lowest greenhouse gas emitters per unit of metal

produced. Ivanhoe also is exploring for new copper discoveries on its wholly-owned Western

Foreland exploration licences in the DRC, near the Kamoa-Kakula Project.

Information contacts

Investors Bill Trenaman +1.604.331.9834 Media Matthew Keevil +1.604. 558.1034