Ivanhoe Mines to Release New Integrated Development Plan for Oyu Tolgoi Copper-Gold Project Tuesday, May 11, Followed by Confere
May 10 2010 - 4:17PM
Marketwired
Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) will release the
comprehensive 2010 update of the Integrated Development Plan for
the Oyu Tolgoi copper-gold project in Mongolia before North
American stock markets open on Tuesday, May 11, the company
announced today.
A few hours later, Executive Chairman Robert Friedland will
address the principal findings and implications of the plan in a
presentation to the Merrill Lynch Global Metals and Mining
Conference in Miami, Florida, at 12.55 p.m. Eastern Daylight Time
(EDT). Mr. Friedland, President and Chief Executive Officer John
Macken, Ivanhoe senior technical management staff and executive
members of the international technical team that prepared the new
development plan will conduct a conference call and webcast
beginning at 5:00 p.m. EDT (2:00 p.m. Pacific Daylight Time) May 11
to discuss details of the plan with investors following the close
of trading on North American stock exchanges.
The new Integrated Development Plan is a comprehensive update of
the original 2005 plan and supports Ivanhoe Mines' commitment to
advance Oyu Tolgoi into full construction, with production of
copper and gold expected to begin in 2013. The updated report was
independently prepared by a team of some of the world's foremost
engineering, mining and environmental consultants.
The Oyu Tolgoi development blueprint contains the first
published declaration of underground reserves for the planned Hugo
Dummett block-cave mine. It also presents the results of extensive
studies of two proposed complementary development scenarios.
Conference call/webcast details
The conference call presentation may be accessed by dialing
1-877-240-9772 in Canada and the United States, or 1-416-340-8527
in the Toronto area and internationally. A simultaneous webcast of
the conference call will be provided through www.ivanhoemines.com.
A portion of the presentation will follow a series of information
slides containing details of the development plan, which will be
posted on the Ivanhoe Mines home page at www.ivanhoemines.com and
available to investors ahead of the conference call. A news release
summarizing the plan also will be posted at
www.ivanhoemines.com.
The conference call will be archived for later playback until
May 25, 2010 and may be accessed by dialing 1800-408-3053 or
1-416-695-5800 and entering the pass code 1833536.
Ivanhoe shares are listed on the New York, Toronto and NASDAQ
stock exchanges under the symbol IVN.
About Ivanhoe Mines
Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) is an
international mining company with operations focused in the Asia
Pacific region. Core assets include the company's 66% interest in
the Oyu Tolgoi copper-gold mine development project in southern
Mongolia; its 57% interest in Mongolian coal miner SouthGobi Energy
Resources (TSX: SGQ; HK: 1878); an 81% interest in Ivanhoe
Australia (ASX: IVA), a copper-gold-uranium-molybdenum-rhenium
exploration and development company; and a 50% interest in
Altynalmas Gold Ltd., a private company developing the Kyzyl Gold
Project in Kazakhstan.
Contacts: Ivanhoe Mines Ltd. Bill Trenaman Investors
+1.604.688.5755 Ivanhoe Mines Ltd. Bob Williamson Media
+1.604.331.9830 www.ivanhoemines.com
Ivanhoe Mines (NYSE:IVN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ivanhoe Mines (NYSE:IVN)
Historical Stock Chart
From Jul 2023 to Jul 2024