Ivanhoe Mines

09:57 AM EST - Ivanhoe Mines : Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that underground development at the Kamoa-Kakula Copper Project totalled 2,069 metres in September, setting a new monthly record for the project and bringing the total underground development to more than 22.6 kilometres - approximately 7.0 kilometres, or 44% ahead of schedule. The project's monthly total of 2,069 metres of underground development is comprised of 1,696 metres at the Kakula Mine and 373 metres at the Kansoko Mine, which is located at the Kamoa Deposit - approximately 10 kilometres north of the Kakula Mine. Ivanhoe Mines shares T.IVN are trading up $0.01 at $4.85.