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Market: ASX
Sector: General Mining
Epic: ASX:IVA
News: Latest news
Web Site: Ivanhoe Australia
Other Articles: 06-11-200912-10-200924-03-2009

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Monday February 08, 08:40Alliance Pharma gains 18 new prescription products in acquisition

The company is paying up to £17.8m for privately owned Cambridge Laboratories and expects the deal to be significantly earnings enhancing in the current full year.

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Monday February 08, 09:33Tethys Petroleum achieves flow rates of over 5,400 bopd at AKD01 discovery in Kazakhstan

Current mapping indicates that the AKD01 well is in a downdip location on the prospect Doris with approximately 56 metres of elevation updip of the well, potentially bringing the entire lower reservoir into the oil zone.

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Tuesday February 09, 01:53Chindex International reports increasing medical and healthcare revenues

Healthcare products and services group Chindex International (NASDAQ: CHDX) reported increasing revenues as it continued to expand its operations in the People’s Republic of China (PRC).

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Ivanhoe Australia

Ivanhoe Australia

Ivanhoe Australia's vision is to build a substantial Australian based company focused on the exploration and development of its portfolio of mineral projects.

Planning for the development of four separate projects is underway on projects containing molybdenum, rhenium, copper, gold, zinc, silver and uranium.

Friday, November 06, 2009

Ivanhoe Australia inks initial molybdenum & rhenium resource at Mt Dore

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Ivanhoe Mines (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) announced today that it has received an initial, independent NI 43-101 Resource Estimate for the high-grade Merlin molybdenum and rhenium deposit, which comprises part of Ivanhoe Australia's (ASX: IVA) Mt. Dore Project in the Cloncurry District in northwestern Queensland.

Mt. Dore is a polymetallic deposit containing copper, zinc, silver, gold, lead, cobalt, molybdenum and rhenium within the Kuridala Formation.

At a cut-off grade of 0.3% molybdenum, estimated indicated resources total 5.2 million tonnes at a grade of 1.0% molybdenum and 16 g/t rhenium, containing 52,000 tonnes of molybdenum and 83 tonnes of rhenium, plus additional inferred Resources totalling 3.5 million tonnes at a grade of 0.8% molybdenum and 14 g/t rhenium, containing 28,000 tonnes of molybdenum and 49 tonnes of rhenium.

The base case cut-off grade of 0.3% Mo was based on Mo at US$12/lb, Re at  US$5/g, 90% and 80% recovery respectively, and a Mo %:Re ppm ratio of 16:1.  Total production costs were based on A$120/tonne and 1$A = US$0.75.

Mt Dore is in northwestern Queensland, Australia, approximately 145 kilometres southeast of Mount Isa and 700 kilometres west-southwest of Townsville.

Ivanhoe Australia is 82.9%-owned by Ivanhoe Mines.

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