Ivanhoe Mines

09:54 AM EST - Ivanhoe Mines : Said its Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's South African subsidiary, Ivanplats, has completed construction of the 996-metre-level station at the bottom of the project's Shaft 1 - well ahead of the contractual schedule. Shaft 1 now is positioned to be equipped as Platreef's initial production shaft, if Ivanhoe chooses to proceed with phased development to expedite production at the tier-one palladium-platinum-nickel-copper-rhodium-gold project on the Northern Limb of South Africa's Bushveld Complex. Ivanhoe Mines
shares T.IVN are trading up $0.06 at $4.17.