Copper Update

zijin-mining-buys-10-of-canadas-ivanhoe-mines

Wonderful news this morning, as Ivanhoe Mines (IVPAF/IVN.TO) and Zijin Mining announced that they have completed their agreement in which Zijin Mining  [click to continue…]

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zijin-mining-buys-10-of-canadas-ivanhoe-mines

Ivanhoe Mines (IVPAF/IVN.TO) is one of my largest individual holdings, and the vehicle I’m using to speculate on the eventual rise in copper prices. Some exciting news occurred earlier this year when the company reached an agreement with Chinese mining powerhouse Zijin Mining to sell 49.5% of its Kamoa project for $412 million.

However, this past July, the Congolese government stepped in and put a temporary halt to the deal, wanting more time to negotiate perhaps an [click to continue…]

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