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Ivanhoe Mines’ statement on media reports regarding possible changes to DRC mining code

Company Commentary

January 31, 2018

Ivanhoe Mines’ statement on media reports

regarding possible changes to DRC mining code

TORONTO, CANADA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that it is

aware of recent media reports regarding possible changes to the mining code in the

Democratic Republic of Congo (DRC).

Ivanhoe notes that there have been no changes implemented into law. Ivanhoe plans to issue

a further statement in the near future.

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.

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