The final investment decision to proceed with development of the Toliara Project in Madagascar has been delayed.
"This puts us in a strong financial position as the we assesses our options to fast track Ewoyaa to production." - Vincent Mascolo
Uganda is to set to implement a new law that will allow would allow the government to own shares in private mining operations.
“The additional equity funding from our cornerstone shareholder will enable us to continue its value project development activities."
"The green economy applications for our graphite products provides us the opportunity to play a role in efforts to reduce carbon emissions."
The Company would not be required to contribute to the capital needed to build the project and would retain a 90% equity interest in Kola.
Marna gives direction to juniors looking at investing in the DRC and what makes Ivanhoe such a resilient and successful business.