Ivanhoe makes major DRC, S.Africa copper discoveries

View previous topic View next topic Go down

Ivanhoe makes major DRC, S.Africa copper discoveries

Post by Strawberry on Wed Feb 09, 2011 12:33 pm

CAPE TOWN (Reuters) - Ivanhoe Mines has made major "Tier 1" copper discoveries in the Democratic Republic of Congo and South Africa, chief executive Robert Friedland said on Wednesday.
The Congo discovery was the first such copper find in the central African country since 1906, Friedland told a mining conference in Cape Town. "Tier 1" indicates a very large deposit of high-grade copper ore.

"We found it from our grassroots effort. It's quite an unusual beast. It has no cobalt, for example," he said. "It's only contaminated copper with a little bit of silver."

Friedland said further details of both discoveries would be announced soon.


http://af.reuters.com/article/topNews/idAFJOE7180GA20110209
avatar
Strawberry

Posts : 1757
Join date : 2011-02-07
Location : England

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum