JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines Founder and Executive Co-Chairman Robert Friedland and President Marna Cloete today announced the retirement of Non-Executive Co-Chairman and Director Yufeng “Miles” Sun. In addition, the company is pleased to announce the appointment of Weibao “Webber” Hao as Ivanhoe Mines’ Non-Executive Co-Chairman and Director, effective today.
Mr. Sun was appointed to the Ivanhoe Mines’ Board of Directors in September 2018, following the first of two strategic investments made by CITIC Metal into Ivanhoe Mines totaling C$1.3 billion. CITIC Metal’s investment was transformational for Ivanhoe Mines, providing the necessary funding required to commence the construction of Kamoa-Kakula. Today, CITIC Metal continues to be Ivanhoe Mines’ largest shareholder at approximately 26%.
Mr. Sun joined CITIC Group Corporation (“CITIC Group”) in 1987 and his esteemed career spanned multiple senior management roles. Mr. Sun joined CITIC Metal, the group’s trading subsidiary, in April 1999 and was its General Manager until his recent retirement. Under his leadership, CITIC Metal was transformed into a leading Chinese commodities trading house in iron & steel, niobium, copper and aluminum. Mr. Sun also led many successful investments, most notably in Companhia Brasileira de Metalurgia e Mineração (CBMM of Brazil; the largest producer of niobium in the world), in the Las Bambas copper project in Peru, and in Ivanhoe Mines. CITIC Metal completed an initial public offering on the Shanghai Stock Exchange in April 2023 and currently has a market capitalization of approximately $6.1 billion.
Ivanhoe would like to thank Mr. Sun for his tremendous contributions during his tenure on the Board and wish him all the best in his retirement.
(L-R) Yufeng “Miles” Sun and Robert Friedland during a trip to China in 2023
Weibao “Webber” Hao replaces Mr. Sun as Ivanhoe Mines’ Non-Executive Co-Chairman and Director. Mr. Hao joined CITIC Group in April 2008 and has served in multiple senior management roles. He is currently Vice Chairman and General Manager of CITIC Metal, and Chairman and President of Hong Kong Stock Exchange-listed CITIC Resources, an oil & gas division of CITIC Group. Before joining CITIC Group, Mr. Hao held several senior positions in finance, project management, and trading at Sinopec Engineering Incorporation,UnitedPetroleumandChemicalCompanyLtd.
(L-R) Weibao “Webber” Hao with Robert Friedland
Ivanhoe Mines’ Executive Co-Chairman, Robert Friedland commented:
“Miles has been an exceptional Co-Chairman and invaluable leader during a dynamic period of growth and success for Ivanhoe Mines. CITIC's visionary investment of over one billion U.S. dollars laid the foundations for the development journey of the Kamoa-Kakula Copper Complex, and set us on the path to build the world's next great diversified mining company. We would like to thank Miles for his wisdom, partnership and tremendous support and wish him a very happy, fulfilling, and well-earned retirement.
“We would also like to warmly welcome Mr. Hao to our esteemed Board and are confident that his expertise and experience will be a great complement to our group of diverse and talented directors. His decades of experience in the natural resources industry, especially in developing international businesses in emerging markets, will be extremely valuable assets as we complete the Phase 3 expansion at Kamoa-Kakula and bring our Platreef and Kipushi mines into production next year. CITIC remains a critical shareholder in Ivanhoe Mines, and we look forward to continuing this industry-leading international partnership.”
About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the construction of the tier-one Platreef palladium-rhodium-platinum-nickel-copper-gold project in South Africa; and the restart of the historic ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC.
Ivanhoe Mines also is exploring for new copper discoveries across its circa 2,400km2 of 90-100% owned exploration licences in the Western Foreland, located adjacent to, or in close proximity to, the Kamoa-Kakula Copper Complex in the DRC.
Information contacts
Investors
Vancouver: Matthew Keevil +1.604. 558.1034 London: Tommy Horton +44 7866 913 207
Media
Tanya Todd +1.604.331.9834
南非约翰内斯堡—艾芬豪矿业创始人兼执行联席董事长罗伯特·弗里兰德 (Robert Friedland) 和总裁玛娜·克洛特 (Marna Cloete) 今天宣布，孙玉峰 (Miles Sun) 先生退休并卸任非执行联席董事长及董事职务。公司欣然宣布郝维宝先生 (Webber Hao) 从今天开始出任艾芬豪矿业的非执行联席董事长及董事职务。
孙先生于2018年9月进入艾芬豪矿业董事会，带领中信金属对艾芬豪矿业进行了两次战略投资，总额为13亿加元。中信金属的投资对于艾芬豪矿业具有重大意义，助力了公司的顺利转型，更为卡莫阿-卡库拉项目的建设提供了充足的资金支持。中信金属仍然是艾芬豪矿业的最大股东，持股约26%。
孙先生深受行业尊敬，在矿业和投资界倍享盛誉。1987年8月加入中信集团，并出任多个高级管理职位。1999年4月，孙先生加入中信集团的贸易子公司中信金属集团有限公司，担任总经理一职直至最近退休。在他的领导下，中信金属转型成为了中国领先的铁矿石、钢材、铌、铜和铝的主要大宗商品贸易商。孙先生还领导了许多成功的投资，包括在巴西金属矿产公司（CBMM；世界上最大的铌生产商）、秘鲁拉斯邦巴斯铜矿项目和对艾芬豪矿业公司的投资。中信金属于2023年4月在上海证券交易所完成首次公开募股，目前市值为61亿美元。
艾芬豪对孙先生在任期间做出的巨大贡献致以诚挚的感谢，并祝愿他退休生活一切顺利。
孙玉峰先生（左）和罗伯特·弗里兰德先生（右）
郝维宝先生接替孙玉峰先生出任艾芬豪矿业非执行联席董事长。郝维宝先生于2008年4月加入中信集团，自2023年4月起担任中信金属集团副董事长兼总经理以及香港联交所上市公司中信资源董事会主席兼总裁。在加入中信集团之前，郝先生曾于中国石化工程建设公司、中国国际石油化工联合有限责任公司担任财务、项目管理及国际贸易等多个高级管理职位。
郝维宝先生（左）和罗伯特·弗里兰德先生（右）
弗里兰德先生评论道：“孙玉峰先生是一位杰出的联席董事长，长期引领艾芬豪矿业迅速成长并取得累累硕果。中信金属富有远见的战略入股艾芬豪矿业，投资金额超过10亿美元，助力了卡莫阿-卡库拉 (Kamoa-Kakula) 铜矿项目开发，其鼎力支持及精诚协作在顺利推进项目的发展进程中发挥了至关重要的作用，为我们成功挺进全球下一个伟大多元矿业公司奠定了坚实的基础。我们衷心感谢孙玉峰先生对艾芬豪矿业做出的巨大贡献，特别是他的智慧、合作伙伴精神和给予公司的巨大支持，并祝愿他的退休生活美满充实。”
“同时，我们热烈欢迎郝维宝先生加入艾芬豪董事会，相信他的专业知识和经验将为我们多元化的董事会带来智慧和动力。郝先生在自然资源行业，特别是在开拓新兴市场国际业务方面积累了数十年的丰富经验，将成为我们董事会重要一员，助力推进卡莫阿-卡库拉 III 期扩建、普拉特瑞夫 (Platreef) 和基普什 (Kipushi) 项目顺利投产。中信金属是艾芬豪矿业的重要股东，我们期待继续保持备受行业赞誉的良好合作关系。”
关于艾芬豪矿业
艾芬豪矿业是一家加拿大的矿业公司，正在推进旗下位于南部非洲的三大主要项目：位于刚果(金)的卡莫阿-卡库拉铜矿项目的扩建工程、位于南非的普拉特瑞夫顶级钯-铑-铂-镍-铜-金矿的开拓工程；以及同样位于刚果(金)、久负盛名的基普什超高品位锌-铜-锗-银矿的重建工程。
同时，艾芬豪矿业正在刚果(金)境内、毗邻卡莫阿-卡库拉铜矿项目的西部前沿 (Western Foreland) 探矿权内寻找新的铜矿资源。西部前沿探矿权占地2,400平方公里，由艾芬豪矿业全资拥有及持有90%权益。
联系方式
投资者
温哥华﹕马修·基维尔 (Matthew Keevil)，电话﹕+1.604.558.1034
伦敦﹕托米·霍顿 (Tommy Horton) ，电话﹕+44 7866 913 207
媒体
坦尼娅·托德 (Tanya Todd) ，电话﹕+1.604.331.9834