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

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

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

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

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

Information contacts

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

南非莫科帕内 — 艾芬豪矿业 (TSX: IVN; OTCQX:IVPAF) 今天宣布,公司已提交一份涵盖2020年普拉特瑞夫综合开发方案的加拿大矿产项目披露标准43‐101 (以下简称 “NI 43-101”) 最新技术报告。

NI 43-101技术报告更新版的内容包括开发普拉特瑞夫项目年处理矿量440万吨地下采矿作业 (由两座年处理矿量220万吨选矿厂组成) 的独立最终可行性研究 (以下简称“普拉特瑞夫2020 FS”);以及替代性方案对于分期开发初步70万吨/年的地下采矿作业 (包括一座产能高达77万吨/年的新选矿厂) 的初步经济评估 (以下简称“普拉特瑞夫2020 PEA”)。

普拉特瑞夫IDP20,包含普拉特瑞夫2020 FS和普拉特瑞夫2020 PEA,由澳大利亚阿德莱德的OreWin Pty Ltd.、加拿大温哥华的Wood plc (前为Amec Foster Wheeler)、南非约翰内斯堡的SRK Consulting Inc.、美国凤凰城的Stantec Consulting International LLC 、南非约翰内斯堡的DRA Global以及南非米德兰的Golder Associates Africa独立编撰。

艾芬豪矿业通过其子公司 Ivanplats 间接持有普拉特瑞夫项目64%的权益,并指导项目的所有矿山开发作业。普拉特瑞夫项目26%的权益由《全面提高黑人经济实力法案》的南非受益人持有。余下的10%权益由伊藤忠商事株式会社、日本石油天然气和金属国家公司和日本天然气公司组成的日本财团持有。除非另有指明,NI 43-101技术报告更新版的所有数字均以100%项目权益进行报告。

“2020年普拉特瑞夫综合开发方案”技术报告已上载于SEDAR网址 (www.sedar.com) 以及艾芬豪矿业网站 (www.ivanhoemines.com)。

联系方式

投资者﹕Bill Trenaman +1.604.331.9834 / 媒体﹕Matthew Keevil +1.604.558.1034

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