Ivanhoe Mines receives fifth and final US$41.2 million installment payment from Zijin Mining Group as part of Zijin’s US$412 million investment in the Kamoa-Kakula Copper Project in D.R. Congo

May 23, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 23, 2017) – Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) announced today that it has received the fifth and final installment of US$41.2 million owing from a subsidiary of Zijin Mining Group Co., Ltd. as part of a strategic co-development agreement under which Zijin acquired 49.5% of Ivanhoe’s majority stake in Kamoa Holding Limited.

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