Ivanhoe Mines

11:20 AM EST - Ivanhoe Mines : Announced today that excellent progress is being made advancing underground mine development at the Kakula Mine in the Democratic Republic of Congo (DRC), with current mining grades of up to 11% copper in one of the access drives being advanced from the northern decline. Kakula's northern and southern dual access drives are expected to be connected next month, allowing highly-productive mining operations to begin in high-grade zones. Approximately 260 metres of tunneling remains until the access drives are connected. Ivanhoe Mines shares T.IVN are trading up $0.32 at $5.10.