MOKOPANE, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) announced today that the company has filed a new National Instrument 43-101 (NI 43-101) technical report covering the Platreef Integrated Development Plan 2020 (Platreef IDP20).

The updated NI 43-101 technical report includes an independent feasibility study (Platreef 2020 FS) for the development of the Platreef Project as a 4.4-million-tonne-per- annum (Mtpa) underground mine with two new concentrators built in modules of 2.2 Mtpa; together with a preliminary economic assessment (Platreef 2020 PEA) for an alternative scenario evaluating the phased development of an initial 700,000-tonne-per-annum underground mine, including a new concentrator with a capacity of up to 770,000 tonnes per annum.

The Platreef IDP20, which includes the Platreef 2020 FS and Platreef 2020 PEA, was independently prepared by OreWin Pty Ltd. of Adelaide, Australia; Wood plc (formerly Amec Foster Wheeler) of Vancouver, Canada; SRK Consulting Inc. of Johannesburg, South Africa; Stantec Consulting International LLC of Phoenix, USA; DRA Global of Johannesburg, South Africa; and Golder Associates Africa of Midrand, South Africa.

Ivanhoe Mines indirectly owns 64% of the Platreef Project through its subsidiary, Ivanplats, and is directing all mine development work. The South African beneficiaries of the approved broad-based, black economic empowerment structure have a 26% stake in the Platreef Project. The remaining 10% is owned by a Japanese consortium of ITOCHU Corporation; Japan Oil, Gas and Metals National Corporation; ITC Platinum Development Ltd., an ITOCHU affiliate; and Japan Gas Corporation. All figures in the updated NI 43-101 technical report are on a 100% basis unless otherwise stated.

The technical report titled “Platreef Integrated Development Plan 2020” has been filed on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website at www.cshcy.cn.

Information contacts

Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604. 558.1034

南非莫科帕內 — 艾芬豪礦業 (TSX: IVN; OTCQX:IVPAF) 今天宣布,公司已提交一份涵蓋2020年普拉特瑞夫綜合開發方案的加拿大礦產項目披露標準43‐101 (以下簡稱 “NI 43-101”) 最新技術報告。

NI 43-101技術報告更新版的內容包括開發普拉特瑞夫項目年處理礦量440萬噸地下采礦作業 (由兩座年處理礦量220萬噸選礦廠組成) 的獨立最終可行性研究 (以下簡稱“普拉特瑞夫2020 FS”);以及替代性方案對于分期開發初步70萬噸/年的地下采礦作業 (包括一座產能高達77萬噸/年的新選礦廠) 的初步經濟評估 (以下簡稱“普拉特瑞夫2020 PEA”)。

普拉特瑞夫IDP20,包含普拉特瑞夫2020 FS和普拉特瑞夫2020 PEA,由澳大利亞阿德萊德的OreWin Pty Ltd.、加拿大溫哥華的Wood plc (前為Amec Foster Wheeler)、南非約翰內斯堡的SRK Consulting Inc.、美國鳳凰城的Stantec Consulting International LLC 、南非約翰內斯堡的DRA Global以及南非米德蘭的Golder Associates Africa獨立編撰。

艾芬豪礦業通過其子公司 Ivanplats 間接持有普拉特瑞夫項目64%的權益,并指導項目的所有礦山開發作業。普拉特瑞夫項目26%的權益由《全面提高黑人經濟實力法案》的南非受益人持有。余下的10%權益由伊藤忠商事株式會社、日本石油天然氣和金屬國家公司和日本天然氣公司組成的日本財團持有。除非另有指明,NI 43-101技術報告更新版的所有數字均以100%項目權益進行報告。

“2020年普拉特瑞夫綜合開發方案”技術報告已上載于SEDAR網址 (www.sedar.com) 以及艾芬豪礦業網站 (www.cshcy.cn)。

聯系方式

投資者﹕Bill Trenaman +1.604.331.9834 / 媒體﹕Matthew Keevil +1.604.558.1034

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