Ivanhoe Mining, BHP Discover New Copper, Molybdenum, Gold Zone in Mongolia

Mar 15 • Mining • 1330 Views • 2 Comments on Ivanhoe Mining, BHP Discover New Copper, Molybdenum, Gold Zone in Mongolia

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Ivanhoe Mining (IVN.TO,IVN) was unchanged in U.S. pre-trade this morning after the company and partner BHP Billiton Ltd. (BHP,BLT.L) announced they found a new zone of shallow copper-molybdenum-gold mineralization near Ivanhoe’s Oyu Tolgoi copper-gold mining complex now under construction in southern Mongolia.

The discovery, known as Ulaan Khud North, extends the known strike length of the Oyu Tolgoi mineralized system by an additional three kilometres to the north, to a total length of more than 23 kilometres.

BHP Billiton shares are down about 1% in late London trade today.

Source: Nasdaq

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2 Responses to Ivanhoe Mining, BHP Discover New Copper, Molybdenum, Gold Zone in Mongolia

  1. Pouya Radi says:

    Dear Sirs/Madams

    We are willing to know you more deeply.

    Best Regards.
    Pouya Radi

    M.A.F.A Co. Iran

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