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Board and Committee Charters
Kamoa-Kakula Project
Western Foreland Project
Kipushi Project
Platreef Project
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Ivanhoe Mines issues second quarter financial results
and review of mine development and exploration activities
CITIC Metal and Zijin Mining to invest an additional C$679 million
(US$515 million) in Ivanhoe Mines on August 16, 2019, positioning
Ivanhoe to fully finance its shareof capital costs to bring the
Kakula Copper Mine in D.R. Congo to commercial production
Drilling expands the new Kamoa North Bonanza Zone to at least
550 metres, with an implied strike length of 2.7 kilometres
of shallow, thick, massive sulphide mineralization,
with copper grades up to 18.48% over 13.6 metres
New Kamoa Far North extension discovery made on Ivanhoe's
100%-owned Western Foreland licences, immediately north
of the Kamoa-Kakula mining licence
TORONTO, CANADA ‒ Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) today announced its financial results for the quarter ended June 30, 2019. All figures are in U.S. dollars unless otherwise stated.
Ivanhoe Mines is a Canadian mining company focused on advancing its three mine-development projects in Southern Africa: the Platreef palladium-platinum-nickel-copper-gold-rhodium discovery in South Africa; the Kamoa-Kakula copper discovery in theDemocratic Republic of Congo (DRC); and the extensive upgrading of the historic Kipushi zinc-copper-lead-germanium mine, also in the DRC. The company also is exploring for new copper discoveries on its wholly-owned Western Foreland exploration licences, adjacent to the Kamoa-Kakula mining licence.
CITIC Metal Africa Investments Limited's (CITIC Metal Africa) C$612 million ($464 million) second equity investment in Ivanhoe Mines is scheduled to close on August 16, 2019. The private placement transaction now has received all necessary internal approvals, as well as recordals and registration with Chinese government regulatory agencies. CITIC Metal Africa is a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal).
Ivanhoe's joint-venture partner at Kamoa-Kakula, Zijin Mining Group Co., Ltd., exercised its existing anti-dilution rights on May 15, 2019, which will yield additional proceeds to Ivanhoe of C$67 million (approximately $51 million) to be received concurrently with the CITIC Metal Africa private placement.
Upon closing, the additional funds from CITIC Metal Africa and Zijin Mining will position Ivanhoe to fully finance its share of the capital costs to bring the Kakula Copper Mine to commercial production.
CITIC Metal Africa, currently Ivanhoe Mines' largest shareholder with a 19.3% ownership stake, will come to own 29.4% of Ivanhoe's issued and outstanding common shares when the placement is completed. Robert Friedland will remain Ivanhoe's second-largest shareholder and Zijin will maintain its 9.8% ownership stake in Ivanhoe Mines.
CITIC Metal's existing standstill provision will be amended to a maximum ownership stake of 29.9% and extended until January 8, 2023 to provide sufficient time to bring the Kakula mine to production, and to advance subsequent, planned expansions at Kamoa-Kakula, as well as the Kipushi and Platreef projects.
On July 29, 2019, Ivanhoe announced that drilling on its 100%-owned Western Foreland licences, immediately north of the Kamoa-Kakula mining licence, had discovered the extension of the Kamoa Far North high-grade shallow copper corridor on Ivanhoe's wholly-owned licences for at least 400 metres. Six holes have been completed in this new discovery area, two of which intersected visually strong copper mineralization, and assays are pending.
On July 29, 2019, Ivanhoe announced assays from 19 new drill holes at the latest high-grade discovery at Kamoa-Kakula ─ the Kamoa North Bonanza Zone. Multiple, thick drill intercepts of more than 10% copper were recorded at the new discovery, including 13.80% over 15.50 metres in the central discovery area.
The Kamoa North Bonanza Zone has been extended to at least 550 metres, with an implied strike length of at least 2.7 kilometres. Six rigs now are drilling at Kamoa North to extend the discovery's strike length and fast track a resource estimate.
The controlling east-west striking structure thought to be responsible for the massive copper sulphide mineralization in the Kamoa North Bonanza Zone is visible as a lineament on airborne magnetic images and can be traced over a distance of up to 20 kilometres. It trends west onto the adjacent Western Foreland exploration licences that are 100%-owned by Ivanhoe Mines.
Development at the six million-tonne-per annum (6 Mtpa) Kakula Mine, the first of multiple, planned mining areas at Kamoa-Kakula, is making excellent progress. The first underground access drives are very close to intersecting Kakula's initial high-grade ore, and Ivanhoe and its joint-venture partner Zijin Mining are advancing rapidly on earthworks for the processing plant and other surface infrastructure. The joint venture also has issued purchase orders or tenders for the long-lead mining and processing equipment. Initial copper concentrate production from the Kakula Mine currently is scheduled for the third quarter of 2021.
Other engineering and construction activities underway at Kamoa-Kakula include construction of a permanent road between the mine site and the Kolwezi airport, construction of the first phase of accommodations for 1,000 employees and contractors, and earthworks for the processing plant and other surface infrastructure.
An independent preliminary economic assessment (PEA) issued in February 2019 indicates that Kamoa-Kakula has a potential production rate of at least 18 Mtpa. Once this expanded rate is achieved, Kamoa-Kakula is projected to become the world's second largest copper mine, with peak annual production of more than 700,000 tonnes of copper.
At the Kipushi mine redevelopment project in the DRC, the definitive feasibility study (DFS), which will update and refine the findings of the PFS issued in December 2017, is being reviewed by Ivanhoe's engineering team who continues to work toward completion. Similar to the PFS, the DFS will focus on the initial mining of Kipushi's Big Zinc Zone.
At the Platreef mine development project in South Africa, the project's first shaft (Shaft 1) has been extended to a depth of more than 900 metres below surface. The next station development for Shaft 1 is at 950 metres, with completion of the shaft to a final depth of 982 metres planned for early 2020.
The concrete foundation (hitch) for the headframe was completed in mid-July. Shaft 2 will have an internal diameter of 10 metres and will be equipped with two 40-tonne rock-hoisting skips with a capacity to hoist a total of six million tonnes of ore per year – the single largest hoisting capacity at any mine in Africa.
Ivanhoe is investigating an alternative early production plan for the Platreef Project, targeting significantly lower initial capital, to accelerate first production by using Shaft 1 as the mine's initial production shaft, followed by expansions to the production rate as outlined in the DFS.
On June 10, 2019, Ivanhoe issued its second annual Sustainability Report, which provides an overview of the company's sustainability programs and initiatives conducted in 2018, and highlights the significant accomplishments achieved at its three mine development projects and the new goals set for current and future corporate activities.
At the end of Q2 2019, Kamoa-Kakula had recorded 15.0 million work hours free of lost-time injuries, Kipushi 432,000 work hours free of lost-time injuries, and Platreef 1.7 million work hours free of lost-time injuries. Regrettably, a lost time injury occurred at both the Platreef and Kipushi projects in July 2019.
Principal projects and review of activities
1. Platreef Project
64%-owned by Ivanhoe Mines
The Platreef Project is owned by Ivanplats (Pty) Ltd, which is 64%-owned by Ivanhoe Mines. A 26% interest is held by Ivanplats' historically-disadvantaged, broad-based, black economic empowerment (B-BBEE) partners, which include 20 local host communities with approximately 150,000 people, project employees and local entrepreneurs. In Q2 2019, Ivanplats reached Level 2 contributor status in its verification assessment on a B-BBEE scorecard. A Japanese consortium of ITOCHU Corporation, Japan Oil, Gas and Metals National Corporation and Japan Gas Corporation, owns a 10% interest in Ivanplats, which it acquired in two tranches for a total investment of $290 million.
The Platreef Project hosts an underground deposit of thick, platinum-group metals, nickel, copper and gold mineralization on the Northern Limb of the Bushveld Igneous Complex in Limpopo Province, approximately 280 kilometres northeast of Johannesburg and eight kilometres from the town of Mokopane.
On the Northern Limb, platinum-group metals mineralization is hosted primarily within the Platreef, a mineralized sequence that is traced more than 30 kilometres along strike. Ivanhoe's Platreef Project, within the Platreef's southern sector, is comprised of two contiguous properties: Turfspruit and Macalacaskop. Turfspruit, the northernmost property, is contiguous with, and along strike from, Anglo Platinum's Mogalakwena group of mining operations and properties.
Since 2007, Ivanhoe has focused its exploration and development activities on defining and advancing the down-dip extension of its original discovery at Platreef, now known as the Flatreef Deposit, which is amenable to highly mechanized, underground mining methods. The Flatreef area lies entirely on the Turfspruit and Macalacaskop properties, which form part of the company's mining right.
Health and safety at Platreef
As at the end of Q2 2019, the Platreef Project had reached a total of 1,700,812 lost-time, injury-free hours worked in accordance with South Africa's Mine Health and Safety Act and Occupational Health and Safety Act. Unfortunately a lost-time injury (LTI) occurred in July 2019 after the project had reached 14 months without a LTI. The Platreef Project continues to strive toward its workplace objective of an environment that causes zero harm to employees, contractors, sub-contractors and consultants.
Platreef alternative production plan
Ivanhoe Mines is investigating an alternative production plan for the Platreef Project, targeting significantly lower initial capital, to accelerate first production by using Shaft 1 as the mine's initial production shaft. This plan will focus on initially targeting the development of mining zones accessible from Shaft 1 and maximizing the hoisting capacity of this shaft, followed by expansions to the production rate as outlined in the DFS.
Shaft 1 now extends to a depth of more than 900 metres below surface
Shaft 1 reached the top of the high-grade Flatreef Deposit (T1 mineralized zone) at a depth of 780.2 metres below surface in Q3 2018 and has since been extended to a depth of more than 900 metres below surface. The thickness of the mineralized reef (T1 and T2 mineralized zones) at Shaft 1 is 29 metres, with grades of platinum-group metals ranging up to 11 grams per tonne (g/t) 3PE (platinum, palladium and rhodium) plus gold, as well as significant quantities of nickel and copper. The 29-metre intersection yielded approximately 3,000 tonnes of ore, estimated to contain more than 400 ounces of platinum-group metals. The ore is stockpiled on surface for further metallurgical sampling.
The 750-metre-level and 850-metre-level stations have both been completed and will provide initial, underground access to the high-grade orebody, enabling mine development to proceed during the construction of Shaft 2. As sinking of Shaft 1 advances, one more station will be developed at a mine-working depth of 950 metres. Shaft 1 is expected to reach its projected, final depth of 982 metres below surface in early 2020.
The DFS planned for Shaft 1 to ultimately become the primary ventilation shaft during the project's four-Mtpa production case.
Shaft 2 box cut and concrete foundation completed in July
Shaft 2, to be located approximately 100 metres northeast of Shaft 1, will have an internal diameter of 10 metres. It will be lined with concrete and sunk to a planned, final depth of more than 1,104 metres below surface. It will be equipped with two, 40-tonne, rock-hoisting skips capable of hoisting a total of six million tonnes of ore a year – the single largest hoisting capacity at any mine in Africa.
The headgear for the permanent hoisting facility was designed by South Africa-based Murray & Roberts Cementation. The box-cut excavation to a depth of approximately 29 metres below surface, including the concrete foundation (hitch), was successfully completed and will form the foundation of the 103-metre-tall concrete headgear that will house the shaft's permanent hoisting facilities and support the shaft collar.
Construction of Platreef's Shaft 2 headframe foundation has successfully been completed.
Testing the ventilation at Shaft 1's 750-metre-level station. The shaft currently is at approximately 900 metres below surface. The next station is at 950 metres, and completion of the shaft to a depth of 982 metres is planned for early 2020.
Figure 1: Schematic section of the Platreef Mine, showing Flatreef's T1 and T2 thick, high-grade mineralized zones (red and dark orange), underground development work completed to date in shafts 1 and 2 (white) and planned development work (gray).
Underground mining to incorporate highly productive, mechanized methods
The mining zones in the current Platreef mine plan occur at depths ranging from approximately 700 metres to 1,200 metres below surface.
Planned mining methods will use highly productive, mechanized methods, including long-hole stoping and drift-and-fill mining. Each method will utilize cemented backfill for maximum ore extraction. As per the DFS, the ore will be hauled from the stopes to a series of internal ore passes and fed to the bottom of Shaft 2, where it will be crushed and hoisted to surface.
Long-term supply of bulk water secured for the Platreef Mine
On May 7, 2018, Ivanhoe announced the signing of a new agreement to receive local, treated water to supply most of the bulk water needed for the first phase of production at Platreef. The Mogalakwena Local Municipality has agreed to supply a minimum of five million litres of treated water a day for 32 years, beginning in 2022, from the town of Mokopane's new Masodi Treatment Works. Initial supply will be used in Platreef's ongoing underground mine development and surface infrastructure construction.
Under terms of the agreement, which is subject to certain suspensive conditions, Ivanplats will provide financial assistance to the municipality for certified costs of up to a maximum of R248 million (approximately $19.6 million) to complete the Masodi treatment plant. Ivanplats will purchase the treated wastewater at a reduced rate of R5 per thousand litres for the first 10 million litres per day to offset a portion of the initial capital contributed.
Ivanplats received its Integrated Water Use Licence in January 2019, which is valid for 30 years and enables the Platreef Project to make use of water as planned in the 2017 DFS.
Development of human resources and job skills
The Platreef Project's Social and Labour Plan (SLP), toward which it pledged a total of R160 million ($11 million) during the past five years, expires in November 2019. The approved plan included R67 million ($5 million) for the development of job skills among local residents and R88 million ($6 million) for local economic development projects. Consultation regarding the project's second SLP has commenced.
2. Kipushi Project
The Kipushi copper-zinc-germanium-lead mine, in the Democratic Republic of Congo, is adjacent to the town of Kipushi and approximately 30 kilometres southwest of Lubumbashi. It is located on the Central African Copperbelt, approximately 250 kilometres southeast of the Kamoa-Kakula Project and less than one kilometre from the Zambian border. Ivanhoe acquired its 68% interest in the Kipushi Project in November 2011; the balance of 32% is held by the state-owned mining company, La Générale des Carrières et des Mines (Gécamines).
Health, safety and community development
At the end of Q2 2019, the Kipushi Project reached a total of 432,275 work hours free of lost-time injuries. It had been more than seven months since the last lost-time injury occurred at the Kipushi Project. Regrettably, a lost-time injury occurred at Kipushi in July 2019.
The Kipushi Project operates a potable-water station to supply the municipality with water. This includes power supply, disinfectant chemicals, routine maintenance, security and emergency repair of leaks to the primary reticulation. The Kipushi Project also installed and commissioned new overhead powerlines to the pump station. Other community development projects continued during Q2 2019 and included a new enrolment into the Kipushi women's literacy project, the continuation of the sewing training centre project and the upgrading of a school.
Installing Kipushi's new P2 winder.
Refurbished overhead crane at Kipushi's 850-metre-level pump chamber.
Pre-feasibility study for Kipushi completed in December 2017 and definitive feasibility study progressing
The Kipushi Project's PFS, announced by Ivanhoe Mines on December 13, 2017, anticipated annual production of an average of 381,000 tonnes of zinc concentrate over an 11-year, initial mine life at a total cash cost of approximately $0.48 per pound (lb) of zinc.
Highlights of the PFS, based on a long-term zinc price of $1.10/lb include:
After-tax net present value (NPV) at an 8% real discount rate of $683 million.
After-tax real internal rate of return (IRR) of 35.3%.
After-tax project payback period of 2.2 years.
Pre-production capital costs, including contingency, estimated at $337 million.
Existing surface and underground infrastructure allows for significantly lower capital costs than comparable greenfield development projects.
Life-of-mine average planned zinc concentrate production of 381,000 dry tonnes per annum, with a concentrate grade of 59% zinc, is expected to rank Kipushi, once in production, among the world's largest zinc mines.
All figures are on a 100%-project basis unless otherwise stated. Estimated life-of-mine average cash cost of $0.48/lb of zinc is expected to rank Kipushi, once in production, in the bottom quartile of the cash-cost curve for zinc producers internationally.
The project team continues to work towards the completion of the Kipushi Project's definitive feasibility study (DFS).
Geology and exploration
Geological work in Q1 2019 was focused on obtaining additional information required for the DFS, as well as planning the geological delineation-drilling and grade-control program for underground mine development. The design criteria for the delineation drilling will target areas along the edge of the Big Zinc, which presently are inaccessible from the historic workings. No new geological and exploration work was conducted during Q2 2019.
Project development and infrastructure
Significant progress has been made in modernizing the Kipushi Mine's underground infrastructure as part of preparations for the mine to resume commercial production, including upgrading a series of vertical mine shafts to various depths, with associated head frames, as well as underground mine excavations and infrastructure. A series of crosscuts and ventilation infrastructure still is in working condition and have been cleared of old materials and equipment to facilitate modern, mechanized mining. The underground infrastructure also includes a series of pumps to manage the mine's water levels, which now are easily maintained at the bottom of the mine.
Shaft 5 is eight metres in diameter and 1,240 metres deep. It now has been upgraded and re-commissioned. The main personnel and material winder has been upgraded and modernized to meet international industry standards and safety criteria. The Shaft 5 rock-hoisting winder now is fully operational with new rock skips, new head- and tail-ropes, and attachments installed. The two newly manufactured rock conveyances (skips) and the supporting frames (bridles) have been installed in the shaft to facilitate the hoisting of rock from the main ore and waste-storage silos feeding rock on the 1,200-metre level.
The main haulage way on the 1,150-metre level between the Big Zinc access decline and Shaft 5 rock load-out facilities has been resurfaced with concrete so the mine now can use modern, trackless, mobile machinery. A new truck-tipping bin, which feeds into the large-capacity rock crusher located directly below, has been installed on this level. The old winder at P2 Shaft has been removed and construction of the new foundation, assembly and installation of the new modern winder has been completed.
With the underground upgrading program nearing completion, the project's focus now will shift to upgrading Kipushi's surface infrastructure to handle and process Kipushi's high-grade zinc and copper resources.
Kabamba Ngoie, a Kipushi employee, constructing new walls for a community potable water pumping station that Kipushi is renovating as part of its community support program.
3. Kamoa-Kakula Project
39.6%-owned by Ivanhoe Mines
The Kamoa-Kakula Project, a joint venture between Ivanhoe Mines and Zijin Mining, has been independently ranked as the world's fourth largest copper deposit by international mining consultant Wood Mackenzie, with adjacent prospective exploration areas within the Central African Copperbelt in the Democratic Republic of Congo, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of Lubumbashi.
Ivanhoe sold a 49.5% share interest in Kamoa Holding to Zijin Mining in December 2015 for an aggregate consideration of $412 million. In addition, Ivanhoe sold a 1% share interest in Kamoa Holding to privately-owned Crystal River for $8.32 million – which Crystal River will pay through a non-interest-bearing, 10-year promissory note. Since the conclusion of the Zijin transaction in December 2015, each shareholder has been required to fund expenditures at the Kamoa-Kakula Project in an amount equivalent to its proportionate shareholding interest in Kamoa Holding.
A 5%, non-dilutable interest in the Kamoa-Kakula Project was transferred to the DRC government on September 11, 2012 for no consideration, pursuant to the 2002 DRC mining code. Following the signing of an agreement with the DRC government in November 2016, in which an additional 15% interest in the Kamoa-Kakula Project was transferred to the DRC government, Ivanhoe and Zijin Mining now each hold an indirect 39.6% interest in the Kamoa-Kakula Project, Crystal River holds an indirect 0.8% interest and the DRC government holds a direct 20% interest. Kamoa Holding holds an 80% interest in the project.
Figure 2: Kamoa-Kakula mining licence, showing the Kamoa North Bonanza and Kamoa Far North zones, the new Kamoa Far North extension discovery on Ivanhoe's 100%-owned exploration licences, and the planned mines at Kakula and Kansoko.
Kamoa-Kakula surpasses 15 million hours worked without a lost-time injury
The project achieved a significant milestone during June 2019 when it recorded a combined total of 15 million hours of work without a lost-time injury. By the end of Q2 2019, a total of 15,006,878 hours had been worked free of lost-time injuries. It has been more than seven years since the last lost-time injury occurred at the project. This outstanding achievement reflects the dedication to a safety-focused culture of the entire Kamoa-Kakula exploration and development teams.
In July, members of the Kamoa-Kakula Copper Project team celebrated 15 million lost-time-accident-free hours.
PFS for Kakula and updated PEA for an expanded Kamoa-Kakula production rate of 18 Mtpa announced
On February 6, 2019, Ivanhoe announced the results from the Kakula 2019 PFS. The study assesses the potential development of the Kakula Deposit as a 6 Mtpa mining and processing complex. The Kakula mill would be constructed in two smaller phases of 3 Mtpa each as the mining operations ramp-up to full production of 6 Mtpa. The life-of-mine production scenario provides for 119.7 million tonnes to be mined at an average grade of 5.48% copper, producing 9.8 million tonnes of high-grade copper concentrate, containing approximately 12.4 billion pounds of copper. All figures are on a 100%-project basis unless otherwise stated.
On March 22, 2019, Ivanhoe filed an updated NI 43-101 technical report for the Kamoa-Kakula Copper Project covering the independent pre-feasibility studies for the development of the Kakula and Kansoko copper mines, and an updated, expanded preliminary economic assessment for the overall integrated development plan for the project. The report, titled "Kamoa-Kakula Integrated Development Plan 2019", is available on the company's website and under the company's SEDAR profile at www.sedar.com.
Highlights of the PFS, based on a consensus, long-term copper price of $3.10/lb include:
Very high-grade, stage-one production is projected to have a grade of 7.1% copper in the second year of production and an average grade of 6.4% copper over the initial 10 years of operations, resulting in estimated average annual copper production of 291,000 tonnes.
Annual copper production is estimated at 360,000 tonnes in year four.
Initial capital cost, including contingency, is estimated at $1.1 billion.
Average total cash cost of $1.11/lb of copper during the first 10 years, inclusive of royalties.
After-tax NPV, at an 8% discount rate, of $5.4 billion.
After-tax internal rate of return (IRR) of 46.9%, and a payback period of 2.6 years.
Kakula is expected to produce a very high-grade copper concentrate in excess of 55% copper, with extremely low arsenic levels.
Ivanhoe also announced an updated independent PEA for an expanded Kamoa-Kakula production rate of 18 Mtpa, supplied initially by a 6 Mtpa mine at Kakula, followed by two 6 Mtpa mines at Kansoko and Kakula West, and a world-scale direct-to-blister smelter.
In July, the reaming of Kakula's first ventilation shaft was completed. The 5.5-metre diameter shaft is the first of five ventilation shafts to be raise bored in Kakula's first phase of development.
Highlights of the PEA, based on a consensus, long-term copper price of $3.10/lb include:
Very high-grade initial phase projected to have a grade of 7.1% copper in the second year of production and an average grade of 5.7% copper during the first 10 years of operations, resulting in estimated average annual copper production of 386,000 tonnes.
Recovered copper production is estimated at 740,000 tonnes in year 12, which would rank the Kamoa-Kakula Project as the second largest copper producer in the world.
Initial capital cost, including contingency, is $1.1 billion, with subsequent expansions at Kansoko, Kakula West, and other mining areas, as well as the smelter, to be funded by cash flows from the Kakula Mine.
Average total cash costs of $0.93/lb of copper during the first 10 years, including sulphuric acid credits.
After-tax NPV, at an 8% discount rate, of $10.0 billion.
After-tax IRR of 40.9% and a payback period of 2.9 years.
Figure 3: Kamoa-Kakula 18 Mtpa PEA long-term development plan.
Figure by OreWin 2019.
Figure 4: Projected 18 Mtpa Kamoa-Kakula PEA production (year-12 peak copper production shown) compared to the world's projected top 20 producing mines in 2025 by paid copper production.
Note: Kamoa-Kakula 2019 PEA production based on projected peak copper production (which occurs in year 12) of the 18 Mtpa alternative development option. Source: Wood Mackenzie (based on public disclosure, the Kakula 2019 PFS has not been reviewed by Wood Mackenzie).
Underground development progressing at the Kakula Deposit
The underground development work at Kakula is being performed by mining crews operating large-capacity, semi-autonomous mining equipment, such as jumbo drilling rigs and 50-tonne trucks. More than 2,700 metres of underground development was completed in the six months ending June 30, 2019. Lower-grade development ore is being stockpiled on surface near the site of the concentrator plant. This ore will be used for plant commissioning. Mine access drives 1 and 2 (interconnected, parallel tunnels that will provide access to ore zones) continue to progress, with access drive 2 being prioritized to access the high-grade mining zone that will be reached in August 2019.
Three underground mining crews are working at Kakula and an additional three crews will be mobilized by October 2019 to accelerate mine development. Development around Ventilation Shaft 1 and the rock handling infrastructure was completed in Q2 2019 and reaming of the 5.5-metre diameter ventilation shaft was completed in July 2019. Approximately 40 metres of development had been completed at the southern ventilation decline by the end of Q2 2019. The southern ventilation decline will facilitate the acceleration of critical, early mine development. Initial copper concentrate production from the Kakula Mine currently is scheduled for the third quarter of 2021.
Construction is underway on the foundations for the conveyor that will transport ore from the Kakula underground mine to the processing plant on surface.
Basic engineering, early works engineering and construction at Kakula
The basic engineering design currently is being carried out by DRA Global as the main contractor. Design of the plant and surface infrastructure has been completed and the cost estimate currently is under review. The initial, five-year, detailed mine design now has been finalized and design and costing of the underground infrastructure is in progress. The basic engineering package will advance engineering and provide a detailed capital cost estimate by which the project costs can be controlled and will be included in the independent definitive feasibility study that is expected to be published early next year.
The processing plant flow diagrams, process control descriptions, and processing equipment lists have been completed and piping and instrumentation diagrams are being finalized. Major long-lead items including cone crushers, ball mills, thickeners and flotation cells have been ordered. The design and procurement of the underground rock handling system has been completed and the tender for the plant civil works has been adjudicated.
Construction of the new road linking Kamoa-Kakula with the Kolwezi airport is progressing well and is expected to be operational by the end of 2019. Other engineering and construction activities underway at Kamoa-Kakula include construction of the first phase of accommodations for 1,000 employees and contractors, and earthworks for the processing plant and other surface infrastructure.
Surface terracing of the site for the Kakula processing plant.
Construction of the new 34-kilometre highway directly linking the Kamoa-Kakula Project to the Kolwezi airport, located southeast of the city of Kolwezi. The new highway is expected to be fully operational by the end of 2019.
Exploration success leads to discovery of new shallow thick ultra-high grade Kamoa North Bonanza Zone
Drilling during Q2 2019 confirmed the discovery of a new shallow, thick, ultra-high grade mineralized zone in the Kamoa North exploration area originally intersected in hole DD1450 (13.05% copper over 22.3 metres (true thickness). Drill results released in May 2019 and then again in July 2019 confirmed that the strike length of the Kamoa North Bonanza Zone extended along strike to at least 550 metres, with a width of up to 60 metres across strike (see Figure 5).
Five rigs are extending and infilling the central and eastern portions of the implied 2.7-kilometre Kamoa North Bonanza mineralized corridor, and a sixth rig is drilling high-grade mineralization around holes DD0015 and DD1200 located to the west of the major north-south trending West Scarp Fault, which down drops the high-grade discovery zone by approximately 250 metres.
The central and eastern portions of the Kamoa North Bonanza Zone have drilled thicknesses of between six and 36 metres, and are approximately 170 to 220 metres below surface, with grades ranging as high as 18.48% copper over 13.6 metres, at both a 2% and a 3% cut-off grade.
The Kamoa North Bonanza Zone represents a new style of copper mineralization at Kamoa-Kakula, where massive to semi-massive chalcopyrite, bornite and chalcocite have locally replaced pyrite in the Kamoa Pyritic Siltstone (KPS) – a pyritic siltstone that lies immediately above the basal diamictite unit that typically hosts the copper mineralization at Kamoa-Kakula.
Drilling along strike of the Kamoa North Bonanza Zone. Six drill rigs are operating to accelerate the delineation of this extremely high-grade discovery.
Assay results were released for 19 new holes in Ivanhoe's July 29, 2019 news release. Selected significant drilling intercepts from the drilling included:
DD1508 intersected 11.82 metres of 10.41% copper, at a 3% copper cut-off, and 12.82 metres of 9.76% copper, at a 1% and 2% copper cut-off, in semi-massive sulphide KPS-hosted mineralization, beginning at a downhole depth of 185.0 metres.
DD1520 intersected 13.49 metres of 13.69% copper, at a 3% copper cut-off, and 28.38 metres of 7.74% copper, at a 2% copper cut-off, in semi-massive sulphide KPS-hosted mineralization, beginning at a downhole depth of 193.5 metres; and 36.00 metres of 6.45% copper at a 1% cut-off.
DD1531 intersected 4.37 metres of 12.37% copper, at a 3% copper cut-off, and 5.06 metres of 11.09% copper, at a 2% copper cut-off, in semi-massive sulphide KPS-hosted mineralization, beginning at a downhole depth of 205.0 metres; and 12.87 metres of 5.35% copper at a 1% cut-off.
Infill drilling in the shallow central core of the Kamoa North Bonanza Zone is focused on delineating an initial mineral resource estimate.
Figure 5: The Bonanza structure trends east-west and extends out of the Kamoa-Kakula mining licence. The previously drilled holes of DD1396, DD1200 and DD0015 clearly intersect mineralization of similar style, and recently drilling has shown a continuous high-grade zone of at least 550 metres in strike.
Figure 6: Copper grade profiles of recent holes across the Kamoa North Bonanza Zone, showing dominant copper sulphide, copper assay values and composite grades at 1%, 2% and 3% copper cut-offs.
The potential to fast-track Kamoa North under initial assessment
Given the shallow depth, remarkable thickness and massive copper sulphide mineralization discovered within the Kamoa North Bonanza Zone, Kamoa-Kakula's engineers are evaluating potential options to accelerate the development of this new discovery.
Based on the shallow depth of the high-grade mineralized intercepts to date at the Kamoa North Bonanza Zone, the discovery zone may be accessed by way of a surface box-cut and decline, similar to those at the Kakula and Kansoko deposits, in a relatively short time-frame.
Additional assays received from 11 holes drilled along the 10-kilometre Kamoa Far North high-grade copper corridor, with grades ranging up to 9.37% copper over 6.46 metres
Assay results also were recently received for the final 11 drill holes completed in the Kamoa Far North Area. The results confirm earlier visual and portable Niton (X-ray fluorescence or XRF) estimates that the high-grade mineralized trend that had been defined over a distance of 10 kilometres in the Kamoa North region has been traced to the northern boundary of the Kamoa-Kakula mining licence. More than 29,000 metres have been drilled so far this year on the Kamoa-Kakula mining licence, and an additional 26,000 metres currently are planned.
Highlights of recent Kamoa Far North drilling include:
DD1482 intersected 6.46 metres (true thickness) of 9.37% copper, at a 3% copper cut-off, and 8.31 metres (true thickness) of 7.84% copper, at a 1% and 2% copper cut-off beginning at a downhole depth of 250.0 metres.
DD1492 intersected 10.36 metres (true thickness) of 6.99% copper, at a 3% and 2% copper cut-off, and 11.16 metres (true thickness) of 6.59% copper, at a 1% copper cut-off, beginning at a downhole depth of 226.9 metres.
DD1502 intersected 9.56 metres (true thickness) of 5.59% copper, at a 3%, 2% and 1% copper cut-off, beginning at a downhole depth of 262.0 metres.
DD1517 intersected 3.10 metres (true thickness) of 6.62% copper, at a 3%, 2% and 1% copper cut-off, beginning at a downhole depth of 325.38 metres.
Ongoing upgrading work enables Mwadingusha hydropower station to supply clean electricity to the national grid
Ongoing upgrading work at the Mwadingusha hydropower plant in the DRC has significantly progressed with the major equipment being delivered on site. The power station was shut down to replace sections of penstocks that were found to be in an advanced stage of corrosion. The progressive re-commissioning of the turbines, fully refurbished and modernized with state-of-the-art control and instrumentation, is underway and is expected to be completed in Q3 2020. The refurbished plant is projected to deliver approximately 72 megawatts (MW) of power to the national power grid.
The work at Mwadingusha, part of a program to eventually overhaul and boost output from three hydropower plants, is being conducted by engineering firm Stucky of Lausanne, Switzerland, under the direction of Ivanhoe Mines and Zijin Mining, in conjunction with the DRC's state-owned power company, La Société Nationale d'Electricité (SNEL). Once fully reconditioned, the three plants will have a combined installed capacity of approximately 200 MW of electricity for the national grid, which is expected to be more than sufficient for the Kamoa-Kakula Project.
The Kansoko Mine, Kakula Mine and Kamoa camp have been connected to the national hydroelectric power grid since the completion of a 12-kilometre, 120-kilovolt, dual-circuit power line between Kansoko and Kakula in December 2017. The design of permanent, 11-kilovolt reticulation to the vent shafts and mine has started, which includes substations, overhead lines and surface cables.
Continued focus on community and sustainability
The Kamoa-Kakula Sustainable Livelihoods Program is committed to sustainable development in the communities within the project's footprint. The main objective of the livelihoods program is to enhance food security and the living standards of the people who reside within the project's footprint. The program is mainly implemented through fish farming and food crops, including farming of maize (corn), vegetables and bananas, plus poultry production and beekeeping.
Additional non-farming related activities for Q2 2019 included education and literacy programs, the continuation of a community brick-making program, a basic training program, the construction of a school and housing for teachers and the supply of fresh water to a number of communities.
Farmers tending to crops near fish ponds at the village of Kamisange. Given the tremendous success of the fish farms to date, the Kamoa-Kakula team is constructing an additional five fish ponds in the village.
The Kamoa-Kakula construction team commencing the second phase of construction on the school at the nearby village of Kamisange.
4.Western Foreland Exploration Project
100%-owned by Ivanhoe Mines
Drilling on Ivanhoe's 100%-owned Western Foreland licences, immediately north of the Kamoa-Kakula mining licence, has discovered the extension of the Kamoa Far North high-grade shallow copper corridor on Ivanhoe's wholly-owned licences for at least 400 metres
Two east-west section lines located at 200 metres and 400 metres north of the Kamoa-Kakula mining licence have been drill tested at 100-metre intervals. Visually strong copper mineralization has been intersected in a single hole on both section lines. The copper mineralization intersected is consistent in downhole depth and stratigraphic location with the copper mineralization intercepted in the Kamoa Far North high-grade trend.
Six holes have been completed in this new discovery area and assays are pending. Ivanhoe also is continuing exploration drilling, ground geophysics and airborne geophysics on other DRC exploration targets.
Figure 7: Location of recent drilling results in the Kamoa Far North Exploration Area, and the Kamoa Far North extension on Ivanhoe's 100%-owned Western Foreland exploration licences.
During Q2 2019, exploration drilling continued in the Makoko area with two drill rigs. A total of 3,169 metres were completed in 12 diamond drill holes during the quarter.
Two deeper holes were completed at Makoko, testing the western and eastern limits of the currently defined Makoko system. To the north, up-dip of Makoko, Ivanhoe used a project-owned drill rig to test the up-dip limit of the Nguba (host) stratigraphy along the basin margin, as well as the limit of the Roan sub-basin associated with mineralization.
Ground gravity and magnetic surveys are ongoing at Kamoa North and on the Western Foreland licences in an attempt to identify growth faults, basin structures (transfer faults) and potentially stratigraphic changes in the target areas. Both the ground magnetic and ground gravity surveys have been completed over the Kiala high-grade target at the Kamoa North extension discovery area. From the results, some trends and anomalies have been identified that will be followed up during the second half of 2019.
Exploration activities planned for the third quarter will focus on the Lufupa South East licences, as well as continuing to follow the Kiala high-grade target to the north.
SELECTED QUARTERLY FINANCIAL INFORMATION
The following table summarizes selected financial information for the prior eight quarters. Ivanhoe had no operating revenue in any financial reporting period and did not declare or pay any dividend or distribution in any financial reporting period.
DISCUSSION OF RESULTS OF OPERATIONS
Review of the three months ended June 30, 2019 vs. June 30, 2018
The company recorded a total comprehensive income of $8.1 million for Q2 2019 compared to a loss of $38.0 million for the same period in 2018. The majority of the loss in Q2 2018 mainly was due to an exchange loss on translation of foreign operations of $30.0 million resulting from the weakening of the South African Rand by 16% from March 31, 2018, to June 30, 2018. The company recognized an exchange gain on translation of foreign operations in Q2 2019 of $6.3 million.
Finance income for Q2 2019, amounted to $16.9 million, and was $6.0 million more than for the same period in 2018 ($10.9 million). The increase mainly was due to interest earned on loans to the Kamoa Holding joint venture to fund operations as the accumulated loan balance increased. This amounted to $12.7 million for Q2 2019, and $9.7 million for the same period in 2018. Interest received on cash and cash equivalents also increased due to a higher cash balance during Q2 2019.
The company's share of losses from the Kamoa Holding joint venture decreased from $6.7 million in Q2 2018 to $6.2 million in Q2 2019. The following table summarizes the company's share of the losses of Kamoa Holding for the three months ended June 30, 2019, and for the same period in 2018:
Exploration and project expenditure for Q2 2019 amounted to $3.3 million and was $0.5 million more than for the same period in 2018 ($2.8 million). With the focus at the Kipushi and Platreef projects being on development and the Kamoa-Kakula Project being accounted for as a joint venture, all exploration and project expenditure in both periods related to exploration at Ivanhoe's 100%-owned Western Foreland exploration licences.
Review of the six months ended June 30, 2019 vs. June 30, 2018
The company recorded a total comprehensive income of $11.5 million for the six months ended June 30, 2019 compared to a loss of $34.1 million for the same period in 2018. The company recognized a loss on translation of foreign operations of $18.8 million for the six months ended June 30, 2018 mainly due to the weakening of the South African Rand by 11% from December 31, 2017, to June 30, 2018, compared to an exchange gain on translation of foreign operations recognized for the same period in 2019 of $5.8 million.
Finance income for the six months ended June 30, 2019, amounted to $32.7 million, and was $11.5 million more than for the same period in 2018 ($21.2 million). The increase mainly was due to interest earned on loans to the Kamoa Holding joint venture to fund operations that amounted to $24.7 million in 2019, and increased by $6.3 million when compared to the same period in 2018 as the accumulated loan balance increased. Interest received on cash and cash equivalents also increased from $1.7 million for the six months ended June 30, 2018 to $6.1 million for the same period in 2019 due to a higher cash balance in 2019.
Exploration and project expenditure for the six months ended June 30, 2019, amounted to $4.7 million and was $0.5 million higher than for the same period in 2018 ($4.2 million). Exploration and project expenditure in both periods related to exploration at Ivanhoe's 100%-owned Western Foreland exploration licences.
The company's share of losses from the Kamoa Holding joint venture decreased to $12.1 million for the six months ended June 30, 2019, from $13.9 million for the same period in 2018. The following table summarizes the company's share of the profits and losses of Kamoa Holding for the six months ended June 30, 2019, and for the same period in 2018:
Financial position as at June 30, 2019 vs. December 31, 2018
The company's total assets increased by $25.1 million, from $1,884.8 million as at December 31, 2018, to $1,909.9 million as at June 30, 2019. The company utilized $11.8 million of its cash resources in its operations and received interest of $6.1 million during the six months ended June 30, 2019.
The net increase of property, plant and equipment amounted to $65.5 million, with a total of $60.3 million being spent on project development and to acquire other property, plant and dequipment. Of this total, $26.9 million and $33.7 million pertained to development costs and other acquisitions of property, plant and equipment at the Platreef Project and Kipushi Project respectively.
The main components of the additions to property, plant and equipment − including capitalized development costs - at the Platreef and Kipushi projects for the six months ended June 30, 2019, and for the same period in 2018, are set out in the following table:
Costs incurred at the Platreef and Kipushi projects are deemed necessary to bring the projects to commercial production and are therefore capitalized as property, plant and equipment.
The company's investment in the Kamoa Holding joint venture increased by $87.9 million from $681.7 million as at December 31, 2018, to $769.6 million as at June 30, 2019, with each of the current shareholders funding the operations equivalent to their proportionate shareholding interest.
The company's portion of the Kamoa Holding joint venture cash calls amounted to $75.4 million during the six months ending June 30, 2019, while the company's share of losses from the joint venture amounted to $12.1 million.
The company's investment in the Kamoa Holding joint venture can be broken down as follows:
The Kamoa Holding joint venture principally uses loans advanced to it by its shareholders to advance the Kamoa-Kakula Project through investing in development costs and other property, plant and equipment, as well as continuing with exploration. This can be evidenced by the movement in the company's share of net assets in the Kamoa Holding joint venture which can be broken down as follows:
The Kamoa Holding joint venture's net increase in property, plant and equipment from December 31, 2018, to June 30, 2019, amounted to $100.5 million and can be further broken down as follows:
LIQUIDITY AND CAPITAL RESOURCES
The company had $380.9 million in cash and cash equivalents as at June 30, 2019. At this date, the company had consolidated working capital of approximately $373.3 million, compared to $562.9 million at December 31, 2018.
On July 30, 2019, the company announced that the private placement transaction with CITIC Metal Africa Investments Limited (CITIC Metal Africa), a direct subsidiary of CITIC Metal Co., Ltd. (CITIC Metal), announced on April 25, 2019, now has received all necessary recordals and registration with Chinese government regulatory agencies and the transaction is scheduled to close on August 16, 2019.
Upon closing, the company will receive gross proceeds of C$612 million (approximately $465 million) from CITIC Metal Africa and will issue 153,821,507 common shares to CITIC Metal Africa through a private placement at a price of C$3.98 per share.
Zijin Mining Group Co., Ltd., exercised its existing anti-dilution rights on May 15, 2019, which will yield additional proceeds to the company of C$67 million (approximately $51 million). These funds will be received concurrently with the CITIC Metal Africa private placement. The exercise by Zijin of its anti-dilution rights also was at a price of C$3.98 per share.
Since December 8, 2015, each shareholder in Kamoa Holding has been required to fund Kamoa Holding in an amount equivalent to its proportionate shareholding interest. The company is advancing Crystal River's portion on its behalf in return for an increase in the promissory note due to Ivanhoe.
The Platreef Project's current expenditure is being funded solely by Ivanhoe, through an interest bearing loan to Ivanplats, as the Japanese consortium has elected not to contribute to current expenditures.
The company's main objectives for 2019 at the Platreef Project are the continuation of Shaft 1 construction and the completion of early-works construction of Shaft 2. At Kipushi, the principal objectives are the completion of the feasibility study and continued upgrading of mining infrastructure. At the Kamoa-Kakula Project, priorities are the continuation of development at Kakula. The company has budgeted to spend $63 million on further development at the Platreef Project; $24 million at the Kipushi Project; $8 million on regional exploration in the DRC; and $16 million on corporate overheads for the remainder of 2019 – as well as its proportionate funding of the Kamoa-Kakula Project, expected to be $150 million for the remainder of 2019. With private placements expected to close on August 16, 2019, the expenditure at Kamoa-Kakula has been increased in order to achieve the planned initial copper concentrate production from the Kakula Mine currently scheduled for the third quarter of 2021.
This news release should be read in conjunction with Ivanhoe Mines' 2019 Second Quarter Financial Statements and Management's Discussion and Analysis report available at www.ivanhoemines.com and at www.sedar.com.
Disclosures of a scientific or technical nature in this news release have been reviewed and approved by Stephen Torr, who is considered, by virtue of his education, experience and professional association, a Qualified Person under the terms of NI 43-101. Mr. Torr is not considered independent under NI 43-101 as he is the Vice President, Project Geology and Evaluation. Mr. Torr has verified the technical data disclosed in this news release.
Ivanhoe has prepared a current, independent, NI 43-101-compliant technical report for each of the Platreef Project, the Kipushi Project and the Kamoa-Kakula Project, which are available under the company's SEDAR profile at www.sedar.com:
The Kamoa-Kakula Integrated Development Plan 2019 dated March 18, 2019, prepared by OreWin Pty Ltd., Amec Foster Wheeler E&C Services Inc. (a division of Wood PLC), DRA Global, SRK Consulting (South Africa) (Pty) Ltd. and Stantec Consulting International LLC, covering the company's Kamoa-Kakula Project;
The Platreef 2017 Feasibility Study Technical Report dated September 4, 2017, prepared by DRA Global, OreWin Pty. Ltd., Amec Foster Wheeler, Stantec Consulting, Murray & Roberts Cementation, SRK Consulting, Golder Associates, and Digby Wells Environmental, covering the company's Platreef Project; and
The Kipushi 2019 Mineral Resource Update dated March 28, 2019, prepared by prepared by OreWin Pty Ltd., MSA Group (Pty) Ltd., SRK Consulting (South Africa) (Pty) Ltd., and MDM (Technical) Africa Pty Ltd. (a division of Wood PLC), covering the company's Kipushi Project.
These technical reports include relevant information regarding the effective dates and the assumptions, parameters and methods of the mineral resource estimates on the Platreef Project, the Kipushi Project and the Kamoa-Kakula Project cited in this news release, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this news release in respect of the Platreef Project, Kipushi Project and Kamoa-Kakula Project.
Information contacts
Bill Trenaman +1.604.331.9834
Kimberly Lim +1.778.996.8510
Website www.ivanhoemines.com
Certain statements in this news release constitute "forward-looking statements"or "forward-looking information"within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict"and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might"or "will"be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of the company's Q2 2019 MD&A.
Such statements include without limitation, the timing and results of: (i) statements that one more station will be developed at a mine-working depth of 950 metres at Shaft 1; (ii) statements regarding Shaft 1 reaching the planned, final depth at 982 metres below surface in early 2020; (iii) statements regarding the timing of Shaft 2 development; (iv) statements regarding the operational and technical capacity of Shaft 1; (v) statements regarding the internal diameter and hoisting capacity of Shaft 2; (vi) statements regarding the planned underground mining methods of the Platreef Project including long-hole stoping and drift-and-fill mining; (vii) statements regarding supply of treated water from the town of Mokopane's new Masodi treatment plant including that it will supply 5 million litres of treated water a day for 32 years; (viii) statements regarding the timing, size and objectives of drilling and other exploration programs for 2019 and future periods; (ix) statements regarding exploration on the Western Foreland exploration licences; (x) statements regarding construction of the new road linking Kamoa-Kakula with the Kolwezi airport being operational by the end of 2019; (xi) statements that the project team continues to work towards the completion of the Kipushi Project's definitive feasibility study; (xii) statements regarding the progressive re-commissioning of the turbines, fully refurbished and modernized with state-of-the-art control and instrumentation at Mwadingusha power station, will be completed in Q3 2020 with an output increased to a capacity of approximately 72 megawatts (MW) of power; (xiii) statements regarding timing and completion of the basic engineering design of the plant and surface infrastructure and the underground design at Kakula; (xiv) statements that initial copper concentrate production from the Kakula Mine currently is scheduled for the third quarter of 2021; (xv) statements that the definitive feasibility study for the Kamoa-Kakula Project will be published early next year; (xvi) statements regarding expected expenditure for the remainder of 2019 of $63 million on further development at the Platreef Project; $24 million at the Kipushi Project; $8 million on regional exploration in the DRC; and $16 million on corporate overheads – as well as its proportionate funding of the Kamoa-Kakula Project, expected to be $150 million for the remainder of 2019; (xvii) statements regarding Platreef projecting it to be Africa's lowest-cost producer of platinum-group metals; (xviii) statements regarding the mobilization of additional crews at Kamoa-Kakula by October 2019 to accelerate mine development; (xix) statements regarding accessing the Kamoa North Bonanza Zone by way of a surface box-cut and decline in a relatively short time-frame (xx) all statements regarding the timing and scheduled completion on August 16, 2019, of the planned private placement of 153,821,507 common shares to CITIC Metal Africa at a price of C$3.98 per share for gross proceeds to Ivanhoe of approximately C$612 million; and (xxi) statements regarding the timing and completion on August 16, 2019, of the issuance of anti-dilution shares to Zijin Mining for proceeds of C$67 million.
As well, all of the results of the pre-feasibility study for the Kakula copper mine and the updated and expanded Kamoa-Kakula Project preliminary economic assessment, the feasibility study of the Platreef Project and the pre-feasibility study of the Kipushi Project, constitute forward-looking statements or information, and include future estimates of internal rates of return, net present value, future production, estimates of cash cost, proposed mining plans and methods, mine life estimates, cash flow forecasts, metal recoveries, estimates of capital and operating costs and the size and timing of phased development of the projects. Furthermore, with respect to this specific forward-looking information concerning the development of the Kamoa-Kakula, Platreef and Kipushi projects, the company has based its assumptions and analysis on certain factors that are inherently uncertain. Uncertainties include: (i) the adequacy of infrastructure; (ii) geological characteristics; (iii) metallurgical characteristics of the mineralization; (iv) the ability to develop adequate processing capacity; (v) the price of copper, nickel, zinc, platinum, palladium, rhodium and gold; (vi) the availability of equipment and facilities necessary to complete development; (vii) the cost of consumables and mining and processing equipment; (viii) unforeseen technological and engineering problems; (ix) accidents or acts of sabotage or terrorism; (x) currency fluctuations; (xi) changes in regulations; (xii) the compliance by joint venture partners with terms of agreements; (xiii) the availability and productivity of skilled labour; (xiv) the regulation of the mining industry by various governmental agencies; (xv) the ability to raise sufficient capital to develop such projects; and (xiv) political factors.
This news release also contains references to estimates of Mineral Resources and Mineral Reserves. The estimation of Mineral Resources is inherently uncertain and involves subjective judgments about many relevant factors. Estimates of Mineral Reserves provide more certainty but still involve similar subjective judgments. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation (including estimated future production from the company's projects, the anticipated tonnages and grades that will be mined and the estimated level of recovery that will be realized), which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling results and statistical inferences that ultimately may prove to be inaccurate. Mineral Resource or Mineral Reserve estimates may have to be re-estimated based on: (i) fluctuations in copper, nickel, zinc, platinum group elements (PGE), gold or other mineral prices; (ii) results of drilling; (iii) metallurgical testing and other studies; (iv) proposed mining operations, including dilution; (v) the evaluation of mine plans subsequent to the date of any estimates and/or changes in mine plans; (vi) the possible failure to receive required permits, approvals and licences; and (vii) changes in law or regulation.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed under "Risk Factors"and elsewhere in the company's MD&A, as well as unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
Although the forward-looking statements contained in this news release are based upon what management of the company believes are reasonable assumptions, the company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of the factors set forth in the "Risk Factors"section and elsewhere in the company's Q2 2019 MD&A, unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2019 and its Annual Information Form.
Ivanhoe Mines comments on share price (FRENCH)
Ivanhoe Mines comments on share price (JAPANESE)
Ivanhoe Mines issues second quarter financial results and review of mine development and exploration activities
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text:
Trump's First 100 Days: Trump's move on immigration leads to chaos at airports
By Elise Viebeck
Elise Viebeck
Enterprise and investigations reporter focused on politics
Here's where things stand heading into day 11 of the Trump administration.
Protests in major cities. Chaos at U.S. airports.
Welcome to week two of President Trump's administration, where it's clear the controversies are just beginning.
The weekend's news was dominated by a massive backlash against Trump's executive order barring refugees, migrants and foreign nationals from seven predominantly Muslim countries from entering the United States.
The order resulted in the detention of travelers at U.S. airports and the disruption of plans for individuals and families intending to resettle in the United States.
People gather to protest President Trump's travel ban in Philadelphia. (Tracie Van Auken/EPA)
Some were taken off planes before they could depart. Some were told to turn around and go back once they arrived. And some were detained — and possibly remain in detention — despite several court orders telling Customs and Border Patrol officers to let them go.
For their part, Trump and his team repeatedly defended the ban as a boost for national security. The president also shot down suggestions the policy targeted Muslims in a fulfillment of his campaign promise to bar entry for people of that faith.
"This is not a Muslim ban, as the media is falsely reporting," Trump said in a statement Sunday. "This is not about religion — this is about terror and keeping our country safe."
CONFUSION REIGNS THROUGH THE WEEKEND
It was clear by Saturday afternoon that the White House had done little to prepare federal agencies to comply with its order. And for most of Sunday, confusion persisted about how the policy would affect different groups of people.
For example, are green-card holders also barred from entry under Trump's order? The answer seems to be no, but it took until Sunday night for the secretary of homeland security to confirm this.
"I hereby deem the entry of lawful permanent residents to be in the national interest," John Kelly said in a statement around 6:15 p.m. "Lawful permanent resident status will be a dispositive factor in our case-by-case determinations."
Customs and Border Patrol officials also failed to evenly enforce court orders temporarily blocking Trump's policy from taking effect, according to lawyers representing migrants.
Across the country, people remained held in detention after the orders took effect. At Dulles International Airport outside Washington, D.C., detained travelers were not permitted contact with attorneys, despite a court order specifically allowing contact to take place.
International arrivals terminals quickly became both protest grounds and makeshift legal hubs, as volunteer lawyers gathered to work with families whose loved ones were lost in the chaos.
ORDER RAISES COUNTERTERRORISM CONCERNS
To some critics, Trump's order seems poised to do exactly the opposite of its intended goal.
Former CIA director Michael V. Hayden said it has "inarguably has made us less safe."
Paul Pillar, a former top CIA official, said the order will be "read as another anti-Islam, anti-Muslim action by this president and his administration."
And Sens. John McCain (R-Ariz.) and Lindsey Graham (R-S.C.) predicted it would become a "self-inflicted wound in the fight against terrorism," boosting recruitment for extremist groups.
By some evidence, their fears are justified: our colleague observed jihadist groups celebrating Trump's policy on social media Sunday, predicting it would bring American Muslims to their side.
MEET THE OPPOSITION
Trump signed his executive order on Friday afternoon. By early Saturday morning, the American Civil Liberties Union had filed a challenge in the U.S. District Court for the Eastern District of New York.
This was the challenge that produced the first court order temporarily stopping Trump's policy from taking effect nationwide. But the ACLU is not the only group involved in the opposition.
A vast coalition of progressive, labor and immigrant advocacy groups united in protests around the country. Organizations that provide legal help to migrants helped coordinate free services for families at airports.
From Capitol Hill, Democrats started brainstorming a full-scale opposition push against Trump's order and vowed legislation to reverse it.
A handful of Republican lawmakers also voiced opposition, in addition to McCain and Graham. Even leaders of the influential and conservative Koch network said the ban went against their values.
Some others in the GOP offered criticism while stopping short of rejecting Trump's order.
"I don't want to criticize them for improving vetting," McConnell said on ABC's "This Week." "I think we need to be careful. We don't have religious tests in this country."
To see if your members of Congress have responded to the ban, check out our running list here.
COMING UP NEXT IN WASHINGTON, D.C.
The big news on Monday will likely be Trump's next executive order, which he plans to sign at 10:30 a.m. Eastern at the White House.
On Capitol Hill, the Senate continues to remain busy approving Trump's nominees:
Senate Committee on Small Business & Entrepreneurship votes on Linda McMahon's nomination to lead the Small Business Administration, time TBA.
Full Senate votes on invoking cloture for Rex Tillerson's nomination for secretary of state around 5:30 p.m.
Senate Committee on Finance votes on Steven Mnuchin's nomination for treasury secretary around 6 p.m.
In the evening, Democratic lawmakers will rally against Trump's immigration order in front of the Supreme Court.
Keep up with the full schedule here, and follow the author: @eliseviebeck.
Elise Viebeck Elise Viebeck is a political enterprise and investigations reporter. She joined The Washington Post in 2015. Follow

redpajama_set_name: RedPajamaCommonCrawl


Now new stories are presented, the course of the year leads from harvest to spring. The tales and ballads are taken from the entire English-speaking world – Ireland and Scotland are represented as are the Osage and Sioux Indians. The evocative illustrations make reading more pleasurable and give opportunity for conversations or simple descriptions.


"Heading Off to College with Celiac Disease"
How Can We Get to the Finnish Line?
Poor physician knowledge is an ongoing challenge for the celiac community. Few doctors know the various clinical presentations of celiac or the appropriate diagnostic tests, and research indicates that diagnosis can take anywhere from two to 11 years in North America. But it doesn't have to be that way.
Last month, I had the honor and pleasure of having lunch with Dr. Markku Maki, a world-renowned Finnish researcher. In Finland, about 60 percent of celiac cases have been diagnosed—an impressive statistic, especially compared to the U.S, where detection is a mere 5-10 percent.
I asked Dr. Maki for insight on how we could improve the rate of diagnosis among celiacs still needlessly suffering. His answer turned out to be quite simple: Media, media and more media. He suggested that Oprah air a show on celiac disease/gluten sensitivity. A lofty goal, but imagine the impact!
Should the talk show queen come across this newsletter, there's plenty of reason to join the charge. Raising awareness of celiac disease not only will help millions regain their health, it can also save money!
With more informed and empowered physicians, we could stop wasting time, money and energy on misdiagnosis. We could finally tip the scale from a disease-based model of care to one that upholds preventive health and wellness. It may seem just a dream, but who says we can't reach for the stars (even a TV one) and make it a reality?
Of course, few of us have connections to Oprah and the like, but there is another influential group we can target: doctors. The NFCA is launching a brand new continuing education program for primary care physicians, and we need your help to spread the word. Led by celiac experts Dr. Dan Leffler of the Celiac Center at Beth Israel Deaconess Medical Center, Dr. Joe Murray of the Mayo Clinic College of Medicine and Dr. Michelle Pietzak of the Keck School of Medicine at University of Southern California, the course will give doctors a better understanding of celiac disease. Most importantly, the primary care community will learn how to identify at-risk patients and determine the best tests for diagnosis.
Whether you want to say "Thanks!" to the doc who told you about celiac or "Wake up!" to the ones who were clueless, get the message across by sending a link to the new Celiac CME Central at www.celiaccmecentral.com.
Now that your child has been diagnosed with celiac disease, you probably have an idea of how much work you have ahead of you in establishing a gluten-free diet for him. One of the most important steps in creating a gluten-free lifestyle for your child (http://glutenfreehelp.info) is making sure his gluten-free diet stays truly gluten-free when he's at school. As a gluten-free advocate and mother, I am often asked by parents for tips on how to make sure their celiac children stay safe at school. Here are a few suggestions to help keep your celiac child's diet free of gluten during the school day.
First of all, you'll need allies and who better than your child's teachers? This means all of his teachers, including his physical education instructor or his homeroom teacher, with whom some children only meet periodically. I highly recommend meeting with each teacher individually. If your schedule won't allow this, meet with as many as you can in person and speak with the rest by phone. Writing a note or e-mail is usually insufficient to communicate the seriousness of the condition and the details of the diet, including crucial issues such as cross-contamination and hidden sources of gluten.
There are a few things you should let his teachers know about during this meeting. First of all, it needs to be communicated that your child's restricted diet is to preserve his health; tell them that if your child deviates from his diet in any way, he can become seriously ill. However, make it clear that your child is still "normal" and has interests and ambitions just like other children and shouldn't be set apart from the others in any way except with respect to diet.
Next, let the teachers know that if there will be a birthday party, snack time, or other event with food in the classroom, they should let you know ahead of time so you can prepare gluten-free items for your child to eat and share.
It may be important to mention that it's okay to let your child's classmates know about his condition, but only if it's done in a positive way and when necessary. This will prevent other children from offering your child gluten-containing foods and will help your child feel more connected with the other kids because they'll understand his condition and view it in a positive light.
Finally, keep communication as open as possible between you and your child's teachers (and school administrators, nurses, and cafeteria personnel) by providing them with all of your contact information, such as your e-mail address and all phone numbers where they can reach you, including your cell, work, and home numbers. Give them phone numbers for relatives who are knowledgeable in celiac disease and the gluten-free diet or your child's nutritionist, in case teachers need to ask a question about your child's condition and aren't able to get in touch with you. There may be an unexpected party, for instance, and a teacher may need to know right away if your child can eat the snacks. Encourage teachers to call you anytime, and make yourself available by keeping your cell phone on at all times, keeping it on silent or vibrate mode if you're in a meeting, or checking your messages often.
In addition to communicating individually with teachers and the proper school staff, provide them all with written material on celiac disease. The National Foundation for Celiac Awareness has plenty of printable materials, and the Celiac Sprue Association offers printable letters for various school administrators, including the principal, school counselor, nurse, cafeteria staff and teachers. Also, recommend some books on celiac disease or gluten-free websites in case they want to refer to these resources themselves for more information. You may also consider donating a couple of books on these subjects to the school library and for the nurse's office.
Finally, I can't emphasize enough the importance of teaching your child about his own condition and his diet. Of course, how much your child can absorb depends on his age and maturity level. You'll be surprised by how much a child is capable of understanding, though. Teach him to read labels and the synonyms for gluten. Even two-year-olds can practice "reading" labels with you at the grocery store. Practice with your celiac child at home how to explain his condition to others and how to say "No, thank you," when he is offered gluten-containing products.
Learning how to meet the gluten-free dietary needs of your celiac child will involve some planning and a few adjustments, but in the end, it isn't very tough to successfully adopt a gluten-free lifestyle. Successfully ensuring his diet will stay gluten-free when he's at school is an important part of the process, but with these suggestions in mind you'll be able to handle this step with flying colors.
With the new school year, there may be a new school and, more often, new teachers and new friends. Regardless, the topic at hand is important, and with the above points addressed, there is more assurance for a successful transition.
I wish every family all the success in the new school year.
By Nicole M. Seitz, M.S.
The Internet has dramatically changed how people go about finding health information. In 2009, a Pew Research Center survey found that 61% of adults who use the Internet go online for health information1. And, a 2003 survey of people with celiac disease revealed that 70% used resources like the Internet, books, and support groups to find information about following a gluten-free diet, compared with 17% who received information from a medical doctor, and 13% who consulted a nutritionist2. There is no shortage of information online, from forum postings, blogs and health centers, to online retailers and organizations like NFCA dedicated to raising awareness.
Now, researchers are beginning to investigate how the Internet is providing support to members of the celiac community. A recent study analyzed an online exchange among members on a forum hosted by www.celiac.com3. (An online forum is like an electronic bulletin board where members can post questions to the community, and community members are free to respond and share in kind). The researchers were looking for patterns in the exchanges among forum members as a way to understand how online interactions may actually help individuals maintain a gluten-free diet.
Researchers chose to focus on one individual's posting. Here is a forum member named Drew whose frustration level with following a gluten-free diet had reached a saturation point. Drew wrote: "I am so fed up with this diet…Has anyone ever decided to bag it in and just go back to a gluten filled diet?…I have been strictly gluten-free since being diagnosed, but I am ready to quit."3. Researchers then carefully studied all the replies to this initial posting, examining word choices, personal stories shared by other forum members, and other information to identify patterns in how the community responded to this individual in distress.
It makes sense that having support helps people with celiac disease maintain a gluten-free lifestyle. This study contributes an insightful examination of how, by sharing our individual stories, we help to create a culture of compliance with gluten-free living within the celiac community.
Fox, S., & Jones, S. (2009). The social life of health information: Americans' pursuit of health takes place within a widening network of both online and offline sources. Washington, DC: Pew Research Center.
Lee, A., & Newman, J. (2003). Celiac diet: Its impact on quality of life. Journal of the American Dietetic Association, 103(11) 1533-1535.
Veen, M., Molder, H., Gremmen, B., and Woerkum, C. (2010). Quitting is not an option: An analysis of online diet talk between celiac disease patients. Health, 14(1), 23-40.
Nicole M. Seitz, M.S. is a gluten-intolerant psychotherapist with a passion for helping people adjust to the emotional impact of living with celiac disease and other chronic health conditions. Her website is www.nicolemseitz.com.
Have you heard of community-supported agriculture (CSA)? It's a growing trend in food distribution that links consumers directly to farmers for the freshest produce possible. In this hyperlocal exchange, community members pay for a membership or "share" of crops before the harvest. In exchange for their dues, members receive produce from the farmers throughout the season. Farmers benefit from a more stable income, and members get to enjoy fresh (and often unusual) fruits and vegetables, plus the satisfaction of promoting agriculture and sustainable living.
Experiment with new flavor combinations, or bring a new dish to a barbecue for everyone to sample. (Follow our Recipe of the Week blog for ideas). To stretch your comfort zone, try an unusual item like beets, boysenberries, chard, figs and fennel—all of which are in season now.
While CSAs offer a regular supply of fruits and veggies (pending a successful harvest), members often receive more than they know what to do with. Fresh produce has a limited shelf life, and in the August heat, much of the stock could end up in the trash.
Easy Freezy. Fruits and vegetables can be frozen while fresh, but make sure to properly store the goods in airtight and moisture-proof containers before popping them in the icebox. Poor storage can lead to freezer burn, which makes for soggy or darkened food once it defrosts. If the fresh route is too daunting, make a large batch of soup or a casserole and freeze for a quick weekday dinner down the road.
In a Jam. Make your own jam with a few simple ingredients. Most recipes call for combining fruit with sugar and lemon juice (for marmalade, add a little rind). Toss on the stovetop and simmer until it cooks down into a goopy texture. When stored in an airtight container, homemade jam can last for about 3 weeks; proper canning requires more skill, but yields a longer shelf life.
Embrace the Present. Why not gift your extra goods? Make a fruit basket for your parents' anniversary, or drop off a veggie platter to a neighbor (complete with homemade gluten-free dip, of course).
For more information about CSAs, visit the U.S. Department of Agriculture's website.
Wondering how the gluten-free diet will affect your college experience?
Join NFCA as Rebecca Panzer, MA, RD, LD, offers professional guidance for college-bound celiacs!
Explore the challenges young adults with celiac disease may experience living on and off college campuses.
Answer common questions from college-bound celiacs and gluten-free teens.
Suggest ways to best navigate college administration, dining services and social challenges.
Celiac advocate Deb Mailand, a senior at Tufts University, will also join us to share her firsthand experience and explain how gluten-free can be a success away from home and on campus!
Deb Mailand was diagnosed with celiac disease at age 15 after years of symptoms. Right away, she joined her local Appleton, WI, celiac support group and has been actively involved in the celiac community ever since. Deb has organized and led the young adult program for national celiac conferences, mentored celiac youth, participated in local celiac conferences, started a small campus support group, and taught gluten-free baking classes. Currently, Deb is a senior at Tufts University in Medford, MA, where she is majoring in engineering science and community health and working towards a Master's degree in Public Health. Through her own experiences and interacting with young celiacs over the past six years, Deb has learned a great deal about navigating the gluten-free diet. She is always enthusiastic about sharing her stories and tips about attending college while living with celiac disease.
Rebecca Panzer is a registered dietitian practicing in Boston, specializing in food allergies/intolerances, developmental disorders, diabetes, and disordered eating. She received a Bachelor of Science in dietetics from the University of Wisconsin-Madison. She went on to complete a master's degree in Health Communication from Emerson College in collaboration with Tufts School of Medicine. There, she was introduced to the Celiac Center at Beth Israel Deaconess Medical Center (BIDMC). With the educational assistance of Dr. Daniel Leffler and the staff of the Celiac Center at BIDMC, she conducted a nationwide qualitative study regarding the challenges young adults with celiac disease face in the college environment.
The University of Nebraska at Lincoln (UNL) recently had an opportunity to showcase their GREAT gluten-free training during the 2010 Special Olympics National Games! The university hosted over 40,000 athletes, families, volunteers and fans during the July 18th-23rd games, which not only featured competition in 13 different sports, but health and wellness educational seminars for athletes and their families.
"Competition takes a lot out of a person. Athletes need healthy diets, enough water and plenty of sleep. That's a lot to manage for more than 3,000 athletes, but it's what Brett Broek signed up for as 2010 Special Olympics Director of Participant Services.
Food service workers will serve tens of thousands of meals to athletes staying at the University of Nebraska-Lincoln this week. They'll pay attention to food variety and the restrictions some athletes have because of medical conditions, including diabetes and celiac disease which require gluten-free meals.
The theme: Keep it healthy and balanced.
"Thanks to NFCA's GREAT training, we were confident in our ability to accommodate their needs," said UNL Associate Dining Services Director Pam Edwards of the gluten-free athletes participating in the National Games.
Back in April, 26 members of the UNL Dining Services staff representing seven campus facilities completed GREAT training. To read more click here.
Kettle Cuisine Guest Column in Foodservice East: The Importance of Allergy Friendly Offerings in College Campuses and in Hospital Eateries. Click here.
RC Fine Foods Sponsors Gluten-Free Webinar for Food Management Magazine and Restaurant Hospitality Readers. Click here.
Get ready for a fabulous time! Appetite for Awareness 2010 will be spectacular! The National Foundation for Celiac Awareness (NFCA) is preparing an extraordinary event full of fun, food and gluten-free delights!
This annual fest and Philadelphia tradition has something for everyone!
The Children's Pavilion is new this year and is accompanied by Family Pricing! So, bring the entire family to this delightful spot right on the Delaware River. The kids will have a great time while the adults shop and enjoy a wide range of taste treats prepared just for this event.
As always, Appetite for Awareness will feature delicious gluten-free food from well-known area restaurants, and Philadelphia's premier chefs will cook up a storm, accompanied by top docs from local hospitals. Watch these skilled food artists prepare delectable treats for your enjoyment.
For more information, visit www.beyondceliac.org. We will be looking for you on October 24th!
Be sure to visit the NFCA website, www.beyondceliac.org, to get the news about other events in your area. Go to the Events tab and check it all out!
I know we have all heard of rice cakes, but until recently, I had never seen a similar product made of corn. When my wonderful mom sent me a surprise care package with a few flavors of Real Foods Gluten-Free Corn Thins, I tried one and was hooked. They are about half the thickness of a traditional rice cake, which gives them a little extra crunch. Not only are they gluten-free, but they are almost fat free, GMO free, contain more dietary fiber per gram than wholemeal bread, and are made with all-natural ingredients. With so many flavors to choose from, including Cracked Pepper & Lemon, BBQ, Original, Cheese, Sour Cream & Chives, and Feta & Sundried Tomato, you can keep your snacking full of variety. The Real Foods website also has a recipe idea page that can help you turn a simple corn thin into a delicate and unique snack for company or even an impromptu meal. These products are widely available in many mainstream stores like Hannaford and Whole Foods Market.
I've only recently learned about cassava. Cassava, also known as Yuca, is very similar to a potato in the way it grows and the way it looks. Originally consumed in South American civilizations, cassava starch is the source of tapioca and has twice the fiber of a potato. I thought it was so cool when I stumbled across Arico's Cassava Chips, because I'd never tried cassava before. Arico is a company that is dedicated to making quality gluten and casein-free foods. The company harvests their cassava from the island of Java in Indonesia and transforms it into a delicious and unique snack in Beaverton, Oregon. Their cassava chips come in Barbeque Bliss, Ginger on Fire, Original, and Sea Salt Mist. These chips are crispy and flavorful and as a healthier alternative to the traditional potato chip, hard to resist! I think my favorite flavor is the Barbeque Bliss, but Ginger on Fire is a close second! You can purchase these chips directly from the Arico website, or from Amazon.com.
A few weeks ago, one of the girls I work with was snacking on some Cheez-Its and, upon seeing them, I suddenly had an overwhelming craving for them. Determined, I sat down at my computer and searched for gluten-free snacks resembling Cheez-Its and stumbled upon a new product from Dr. Schar: Gluten-Free Cheese Bites. Thrilled, I placed my order and patiently waited for them to arrive. My patience was well rewarded because these Cheese Bites are so crunchy and satisfying. For anyone who has ever tried a cheese flavored goldfish cracker, that's what they remind me of. I will definitely be keeping these around the house to put out at parties, take along on road trips or just satisfy a mid-afternoon snack attack! I haven't seen these in stores yet, so for now I just order mine right from GlutenFreeMall.com.
I have pizza for dinner at least a few times per month. It's a satisfying and delicious comfort food that I really just can't be without! We all look for a ready-made gluten-free pizza crust that we can be head over heels for. That's why I'm so excited to tell you about Clean Cravings Gluten-Free Pizza Crusts. This company truly has pure, healthy and delicious eating at the core of its mission. They make ready-to-top gluten-free pizza crusts (in personal sizes!) that are absolutely delicious, certified vegan, soy, dairy & yeast-free, contain no trans fats and are made with all natural whole grains. You really have to taste them to believe it. They have mini and full size crusts available in plain and rosemary and ready to bake pizzas available in Perfectly Pesto and (coming soon) Very Veggie. If you have some leftover mini crusts, you can use them as sandwich bread, which will resemble a pita, or chop them up and use them for dipping in hummus. I just can't say enough about these! You can order directly from their website or from GlutenFreeMall.com.
Recently, Dr. Bob Anderson, a celiac disease researcher at the Walter and Eliza Hall Institute in Victoria, Australia, headed a study that aimed to locate specific gluten fragments, or sequences of amino acids, that set off the immune reaction seen with celiac disease.
Pinpointing these peptides is a huge advance and could very well lead to advances in therapies used to treat celiac disease.
General Mills Releases Gluten-Free Bisquick and Hamburger Helper!
At the Celiac Disease Foundation Conference last May, it was announced that General Mills would be releasing Gluten-Free Bisquick and Hamburger Helper. How amazing is that? According to this post by Triumph Dining, the items have been slowly released throughout June and July, but are expected to make a more mainstream appearance in August. Hamburger Helper is expected to be released first, followed but the Gluten-Free Bisquick. Apparently, the lucky conference goers who got to try these new products raved about them. With over 250 General Mills products now labeled gluten-free, it is evident that this company is really contributing to this ever-expanding marketplace – which is wonderful news! To learn more about these products and the brand new Gluten-Free Hamburger Helper and Bisquick, visit www.LiveGlutenFreely.com and follow the link to the article below.
I'm sure by now, you all know our lovely "Tid Bits with Tina" column contributor Tina Turbin. It seems that her well-known children's book, "Danny the Dragon Meets Jimmy" will soon be available through an iPad App. There are now so many ways to enjoy this sweet story: the book, the DVD and now the children's book app for the iPad/iPhone from iStorytime. The release date for this app will be announced mid-August. A portion of Tina's profits are donated to the Celiac Disease Center at Columbia University Medical Center. Thank you, Tina!
This month, gluten-free made national news as word spread that Chelsea Clinton was to feature a gluten-free cake at her July 31st wedding. The 9 tier, 500 pound, 4 foot tall confection was made by a nine person team at La Tulipe Desserts in New York, and made of vanilla and dark chocolate mousse. The daughter of Former President Bill Clinton and current Secretary of State Hillary Clinton is allergic to gluten. What a safe and sweet way to celebrate! Congrats, Chelsea!


text:
Saying "Thank You" With a Good Cigar
By Gary Korb
Since I work with a lot of cigar smokers, there are times when we will trade cigars. It's not only fun, but sometimes it's a great way to get a cigar you haven't tried. Cigar thank you gifts are often a great way to tell someone you appreciate them. The key is finding a cigar of relatively equal value to trade. If you can't find one, sometimes the deal doesn't go down. But occasionally, we also give each other cigars just for the heck of it.
With that stipulation in mind, let's say someone gives you a cigar for no other reason than they consider you a good friend, or they like a cigar so much they want you to try it. So, you take the cigar and offer a nod of thanks.
Should you feel obligated to return the favor? Not necessarily. You must remember this: a gift is just a gift. As the "giftee," you're under no obligation to return the favor. Looking at it from a cigar etiquette standpoint, sharing cigars is part-and-parcel of our cigar smoking culture. Then again, you might say to yourself, "The next time I see Charlie, I'm going to give him a good cigar." From an ethical standpoint, most people would agree that paying it back would be the right thing to do.
The next question is, do you give your BOTL a cigar of equal value or will any decent stick suffice? Chances are the person will say, "Oh, that wasn't necessary," but I've never seen a cigar smoker turn down a free cigar — even a cheapie.
So, let's say we agree on both giving cigars and returning the favor in kind. As for giving cigars, I'm not talking about a gift or a present; I'm talking about something a little more spontaneous. Speaking for myself, I usually give cigars that I personally enjoy to friends and colleagues because I want to share that experience. It could be anything from a pricey primo to a value-priced bundle cigar. For me it's one of the great joys of smoking cigars.
As for returning the favor, if someone gives me a Padrón 1964 Anniversary or a similar top-shelf cigar, I try to give back something in the same class. Moreover, the "pay it back" cigar doesn't have to be of equal value in terms of price, but in most cases a cigar of equal value in terms of reputation will more than suffice. The person may even like that cigar even more. At the very least, it should be a cigar that you know the person will enjoy based on their personal preference.
Gary Korb
Gary Korb has been writing and editing content for CigarAdvisor.com since its debut in 2008. An avid cigar smoker for over 30 years, he has worked on the marketing side of the premium cigar business as a Sr. Copywriter, blogger, and Executive Editor of Cigar Advisor. A graduate of the Newhouse School of Public Communications at Syracuse University, prior to his career in the cigar business, Gary worked in the music and video industry as a marketer and a publicist.
Show all Gary Korb's Articles
Cigar News: West Tampa Tobacco Bows Ultra-Limited Attic Series: Attic Cigar
By Gary Korb 3 Nov 22
Reading Time: 2 minutes Rick Rodriguez wants to tell cigar smokers about his most compelling cigar blending experiences during his career in The Attic Series, a new "ultra-limited" cigar series from West Tampa Tobacco Company. Rolled to a 6"x54 Toro, learn more about the Series here.
Fan Mail: More of Your Burning Cigar Questions Get Answered (Part 50)
By Cigar Advisor Staff 17 Jun 22
Reading Time: 2 minutes How do you get rid of the smell of cigar smoke in your clothes? Do cigars still taste good after freezing? What's the best way to improve airflow in a cigar humidor? We answer these questions in this month's Fan Mail!
CA Report: Top New Cigars (July 11, 2022)
By Jared Gulick 11 Jul 22
Reading Time: 2 minutes Summer's heating up and so is the new cigar release list! This week, we're reviewing smokes from HVC, Chogui, and El Rey del Mundo (with an AJ Fernandez twist). Which one's a match for your taste buds? Read now to find out!
2018 CA Report: Top 10 Torpedo Cigars – Our "Must Smoke" Figurados
By Tommy Zman Zarzecki 20 Apr 18
There is nothing quite like a well-rolled figurado, but a trend seems to have some cigar makers shying away from torpedo cigars in their newer lines and opting for 6 x 60s. We make the case for these torpedo vitolas, one of the industry's true great art forms - along with 10 of our must-smoke torpedo picks.
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The fabrics is a mid weight 100% rayon (viscose) and as such gathers beautifully into yokes and under bust - is similar to the fabrics worn at this time. Print is our exclusive 30s reproduction print we have called 'Deco Dot'. A rich Walnut Brown base with vanilla deco circles. Really authentic!