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BRIEF-Ivanhoe Mines receives 4th of 5 scheduled installment payments from Zijin Mining
February 8, 2017 / 10:41 PM / 10 months ago

BRIEF-Ivanhoe Mines receives 4th of 5 scheduled installment payments from Zijin Mining

Feb 8 (Reuters) - Ivanhoe Mines Ltd :

* Ivanhoe Mines receives fourth of five scheduled US$41.2 million installment payments from Zijin Mining Group as part of Zijin’s US$412 million investment in the Kamoa-Kakula copper project

* Ivanhoe Mines Ltd - fifth and final us$41.2 million installment payment is due on May 23, 2017.

* Ivanhoe Mines Ltd - after receipt of fourth installment from Zijin, Ivanhoe’s consolidated working capital is approximately US$355 million Source text for Eikon: Further company coverage:

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