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China seeks more control over Ivanhoe mining.

Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) is a Canadian mining company focused on advancing its three principal, joint-venture projects in Southern Africa: the development of new mines at the Kamoa-Kakula copper discovery in the Democratic Republic of Congo (DRC) and the Platreef platinum-palladium-nickel-copper-gold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the DRC. The company also is exploring for new copper discoveries on its wholly-owned Western Foreland exploration licences, adjacent to the Kamoa-Kakula mining licence.

China’s Zijin Mining to spend C$194m to increase stake in Ivanhoe Mining