IVPAF: now at $7.3, same as early 2021, when their Congo mine started production. schrts.co
11/2021: Ivanhoe Mines’ office in Vancouver had been searched by the Royal Canadian Mounted Police… disclosed by Ivanhoe Mines on March 30, 2022.…
9/2022: Vidiye Tshimanga, a top aide to Congo’s President Felix Tshisekedi…was arrested…after a series of secretly-taped videos appeared to show him offering political protection for an unnamed mining deal in exchange for a stake in the venture. In the videos, Tshimanga alleged he’d made a similar deal with Ivanhoe. Tshimanga, who is currently on trial in Congo for passive corruption and influence peddling… “With Ivanhoe, Ivanhoe have 80, I have 20,” Tshimanga said in the videos…
12/2022: investigative organization the Sentry published a report titled: “Gaming the System: How a Canadian Mining Giant Undermined the Law in the DRC… The Sentry organization promotes itself as “an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy,”. thesentry.org
December 20, 2022) - Ivanhoe Mines is responding to a headline published on December 20, 2022, by Bloomberg related to Mr. Vidiye Tshimanga and Ivanhoe's supposed "link" to this individual. The Bloomberg headline infers that Ivanhoe Mines has a business relationship with a company controlled by Mr. Tshimanga, and further infers that Ivanhoe is in some way involved in an ongoing "copper corruption" case in the Democratic Republic of Congo (DRC), which is not true... In April 2021, Ivanhoe Mines signed a term sheet with Congo Bantu Mining SARL (Cobamin), a company in which Mr. Tshimanga is a shareholder.... For more than a year after the execution of the term sheet, Ivanhoe Mines tried to negotiate final agreements with Cobamin. These final agreements were never signed, considering that Cobamin kept on renegotiating the terms initially set out in the term sheet. No payment was made to Cobamin under this proposed agreement... |
