https://newsletter.mw.creamermedia.com
Aggregate|Copper|Exploration|Mining|Platinum|Projects
Aggregate|Copper|Exploration|Mining|Platinum|Projects
aggregate|copper|exploration|mining|platinum|projects

Ivanhoe prices an offering of $750m of senior notes due 2030

17th January 2025

By: Sabrina Jardim

Creamer Media Online Writer

     

Font size: - +

TSX-listed Ivanhoe Mines has priced the offering of aggregate principal amount of $750-million of senior notes due 2030.

Ivanhoe says the notes will be senior unsecured obligations of the company and will be guaranteed on a senior basis by certain of the company’s subsidiaries.

The gross proceeds from the offering of the notes will be used for general corporate purposes, including capital expenditure associated with expansion of the company’s projects and to pay certain fees and expenses relating to the offering.

The company says the closing of the offering is subject to customary conditions precedent for similar transactions.

Ivanhoe owns the Kamoa-Kakula copper complex and the Kipushi zinc mine, in the Democratic Republic of Congo, as well as the Platreef platinum group metal-nickel mine, in Limpopo.

As previously reported in Mining Weekly, Ivanhoe was granted 22 195  km2 of greenfield prospecting rights for exploration in the Moxico and Cuando Cubango provinces of Angola.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

RioCarb
Rio-Carb

Introducing the Rio-Carb Smart Chute Concept - a revolutionary advancement in materials handling, designed for the toughest industries like mining...

VISIT SHOWROOM 
Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025
BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.058 0.134s - 143pq - 2rq
Subscribe Now