Ivanhoe Mines Ltd.
TSX : IVN

Ivanhoe Mines Ltd.

March 26, 2015 07:30 ET

Ivanhoe Mines Appoints Livia Mahler as an Independent Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 26, 2015) - Ivanhoe Mines (TSX:IVN) Executive Chairman Robert Friedland today announced the appointment of Livia Mahler as a non-executive, independent member of the company's Board of Directors, effective immediately. Ms. Mahler's appointment increases the number of directors to 10.

Ms. Mahler is President and Chief Executive Officer of Computational Geosciences Inc., of Vancouver, Canada, which provides technological solutions to maximize the value of geophysical exploration surveys. She also co-founded Greenstone Venture Partners - a Vancouver-based venture-capital fund targeting private, early-stage, information technology companies - and presently serves on the Board of Directors of DuSolo Fertilizers Inc.

Ms. Mahler was a director of Turquoise Hill Resources (formerly Ivanhoe Mines) from March 2009 to April 2012 and from May 2012 to May 2013, and a director of Diversified Royalty Corp. from June 2011 to November 2014.

She received an MBA from the University of British Columbia and a Bachelor of Science degree from the Hebrew University of Jerusalem.

About Ivanhoe Mines

Ivanhoe Mines, with offices in Canada, the United Kingdom and South Africa is advancing and developing its three principal projects:

  • The Kamoa copper discovery in a previously unknown extension of the Central African Copperbelt in the Democratic Republic of Congo's southern Katanga province. Members of the Ivanhoe Mines exploration team recently received the prestigious Thayer Lindsley Award from the Prospectors & Developers Association of Canada for the Kamoa copper discovery, recognized as the year's top international mineral discovery.
  • A multi-phased mine development on its 64%-owned Platreef discovery of platinum, palladium, nickel, copper, gold and rhodium in South Africa's Bushveld Complex. The South African beneficiaries of a broad-based, black economic empowerment structure have a 26% stake in the Platreef Project and the remaining 10% is owned by a Japanese consortium of ITOCHU Corporation; Japan Oil, Gas and Metals National Corporation; ITC Platinum Development Ltd., an ITOCHU affiliate; and Japan Gas Corporation.
  • The historic, high-grade Kipushi zinc, copper and germanium mine, also on the Copperbelt in the D.R. Congo's Katanga province. Kipushi, now being drilled and upgraded by Ivanhoe following its acquisition of a majority interest in the mine in 2011, was operated by previous owners between 1924 and 1993.

Contact Information

  • Investors
    Bill Trenaman +1.604.688.6630

    Media
    North America: Bob Williamson +1.604.512.4856
    South Africa: Jeremy Michaels +27.82.939.4812

    Website
    www.ivanhoemines.com