Ivanhoe Mines to respond to flawed and deceptive Globe and Mail article on Ivanhoe’s success in the Democratic Republic of Congo

December 15, 2022

Ivanhoe Mines to respond to flawed and deceptive Globe and Mail

article on Ivanhoe’s success in the Democratic Republic of Congo

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

composing a formal response to a misleading and sensationalist article written by

Geoffrey York of the Globe and Mail, dated December 15, 2022, that references an

equally flawed and misleading report published by a U.S.-based organization, The

Sentry, dated December 2022.

The article and report contain numerous inaccuracies, misrepresentations of

Democratic Republic of Congo law and Ivanhoe Mines’ business relationships, and

demonstrate a fundamental misunderstanding of the legislative framework under the

Democratic Republic of Congo mining codes.

The company intends to respond in full to these allegations shortly.

About Ivanhoe Mines

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

projects in Southern Africa: the major new, mechanized, underground mines at the

Kamoa-Kakula Mining Complex in the Democratic Republic of Congo, the development

of the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South

Africa; and the restart of the historic Kipushi zinc-copper-germanium-silver mine, also

in the Democratic Republic of Congo.

Information contact

Vancouver: Matthew Keevil +1.604.558.1034

London: Tommy Horton +44 7866 913 207

Website www.ivanhoemines.com