Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi Coal Mine, located in Mongolia; the Cloncurry Project, located in Queensland, Australia, and the Bakyrchik gold project, located in Kazakhstan. In May 2008, IVN completed the sale of its controlling stake in Jinshan Gold Mines Inc. (Jinshan) to China National Gold Group Hong Kong Ltd. (China National).
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Ivanhoe Mines, Ltd.'s revenues totaled $14.2M, up from $0. Net loss from continuing operations totaled $100.8M vs. an income $45M. Revenues reflect the presence of income from operations. Net loss reflects higher general & administrative, increased accretion of convertible credit facility, lower interest income, a rise in interest expense and the presence of loss on unrealized long term investment.
Company Address
Ivanhoe Mines Ltd
Suite 654 - 999 Canada Place World Trade Centre Vancouver BC V6C 3E1
P: +1604.6885755 F: +1604.6282060