Ivanhoe Mines Corporate Update

Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) reported that the company has retained leading global investment banking firm Citi and independent mining-sector specialist Hatch Corporate Finance to evaluate and advise the company on a range of strategic options to further enhance shareholder value.

The press release is quoted as saying:

Ivanhoe Mines’ other core assets are its 79% interest in Mongolian coal miner SouthGobi Energy Resources (TSX:SGQ); its 83% interest in Ivanhoe Australia (ASX:IVA), a copper-gold-uranium-molybdenum-rhenium exploration and development company; and its 49% interest in Altynalmas Gold Ltd., a private company developing the Bakyrchik and the Bolshevik gold mining projects in Kazakhstan.

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