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Market discounting 'prodigious' Ivanhoe exploration success in DRC

Ivanhoe Mines’ “prodigious exploration success” in Africa looks set to continue, but market reaction to its latest drilling news suggests a “significant disconnect” between the company’s share price and its evidently improving knowledge of the geology underpinning one of the world’s richest emerging copper projects, according to analysts at Bernstein in London.

Staff reporter
Early Kakula mine development in the DRC

Early Kakula mine development in the DRC

Ivanhoe shares were up about 3% yesterday in Toronto, and have climbed by 30% since the start of June. But the stock has dipped from its recent 52-week high of C$4.48 reached earlier this month. Its...

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