Ivanhoe secures $500m investment from Qatar sovereign wealth fund
Ivanhoe Mines co-chairperson Robert Friedland Canadian miner Ivanhoe Mines on Wednesday announced a $500-million investment from sovereign wealth fund Qatar Investment Authority (QIA). Under the terms of the private placement, Ivanhoe will issue 57.5-million common shares to QIA at C$12.00 a share, raising gross proceeds of about $500-million. On completion, QIA will hold about 4% […]
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