CAPITAL MARKETS

Ivanhoe raises C$70 million for Turquoise Hill

IVANHOE Mines is raising around C$70 million through the private placement of about 19.9 million special warrants at C$3.50 each to clients of a single US financial institution.

Greg Tubby

Ivanhoe raises C$70 million for Turquoise Hill

Funds raised will be used for ongoing resource definition drilling, development planning and feasibility studies at Ivanhoe's Turquoise Hill gold-copper discovery in Mongolia. Proceeds will also fund...

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