Mr. Jinghe Chen, Chairman of Zijin Mining, Departs as a Director of Ivanhoe's Board; Replaced by Dr. James Wang, VP Overseas Operations for Zijin Mining
Ivanhoe Mines (IVPAF) announced a significant board change as Mr. Jinghe Chen, Chairman of Zijin Mining, steps down from the board of directors, replaced by Dr. Chun (James) Wang, effective March 1, 2025. Chen served since 2019, following Zijin's strategic investment in Ivanhoe and the formation of the Kamoa Copper joint venture in 2015.
During Chen's tenure, the company achieved several milestones, including the completion of Phases 1, 2, and 3 of the Kamoa-Kakula Copper Complex, which has become the fastest-growing, highest-grade, and lowest carbon-emitting major copper producer globally. His contribution was particularly notable in completing Africa's largest and greenest copper smelter at Kamoa-Kakula.
Dr. Wang, the incoming director, brings extensive operational expertise as Zijin Mining's VP of Overseas Operations. He holds a Ph.D. in Chemistry and has previously served as CEO of Continental Gold Colombia Branch and General Manager at Gold Mountains HK International Mining.
Ivanhoe Mines (IVPAF) ha annunciato un cambiamento significativo nel consiglio di amministrazione, poiché il sig. Jinghe Chen, Presidente di Zijin Mining, si dimette dal consiglio, sostituito dal Dr. Chun (James) Wang, a partire dal 1 marzo 2025. Chen ha servito dal 2019, a seguito dell'investimento strategico di Zijin in Ivanhoe e della formazione della joint venture Kamoa Copper nel 2015.
Durante il mandato di Chen, l'azienda ha raggiunto diversi traguardi, tra cui il completamento delle Fasi 1, 2 e 3 del Kamoa-Kakula Copper Complex, che è diventato il produttore di rame di maggior successo, con la più alta qualità e le minori emissioni di carbonio a livello globale. Il suo contributo è stato particolarmente significativo nel completare il più grande e verde impianto di fusione di rame in Africa a Kamoa-Kakula.
Il Dr. Wang, il nuovo direttore, porta con sé una vasta esperienza operativa come VP delle Operazioni Estere di Zijin Mining. Possiede un dottorato in Chimica e ha precedentemente ricoperto il ruolo di CEO della filiale colombiana di Continental Gold e di Direttore Generale presso Gold Mountains HK International Mining.
Ivanhoe Mines (IVPAF) anunció un cambio significativo en su junta directiva, ya que el Sr. Jinghe Chen, Presidente de Zijin Mining, renuncia a la junta, siendo reemplazado por el Dr. Chun (James) Wang, a partir del 1 de marzo de 2025. Chen ha estado en el cargo desde 2019, tras la inversión estratégica de Zijin en Ivanhoe y la formación de la empresa conjunta Kamoa Copper en 2015.
Durante el mandato de Chen, la compañía logró varios hitos, incluido el completado de las Fases 1, 2 y 3 del Kamoa-Kakula Copper Complex, que se ha convertido en el productor de cobre de más rápido crecimiento, de mayor calidad y con las menores emisiones de carbono a nivel mundial. Su contribución fue particularmente notable en la finalización de la fundición de cobre más grande y ecológica de África en Kamoa-Kakula.
El Dr. Wang, el nuevo director, aporta una amplia experiencia operativa como VP de Operaciones en el Extranjero de Zijin Mining. Tiene un doctorado en Química y ha sido anteriormente CEO de la sucursal colombiana de Continental Gold y Gerente General en Gold Mountains HK International Mining.
Ivanhoe Mines (IVPAF)는 중대한 이사회 변화를 발표했습니다. Zijin Mining의 회장인 Jinghe Chen 씨가 이사직에서 물러나고, Dr. Chun (James) Wang이 2025년 3월 1일부터 그 자리를 대체합니다. Chen은 2019년부터 재직해 왔으며, Zijin의 Ivanhoe에 대한 전략적 투자와 2015년 Kamoa Copper 합작 투자 설립에 이어 이사직에 올랐습니다.
Chen의 재임 기간 동안 회사는 Kamoa-Kakula Copper Complex의 1, 2, 3단계를 완료하는 등 여러 이정표를 달성했습니다. 이 복합체는 세계에서 가장 빠르게 성장하고, 가장 높은 품질을 자랑하며, 가장 낮은 탄소 배출량을 기록하는 주요 구리 생산업체가 되었습니다. 그의 기여는 Kamoa-Kakula에서 아프리카에서 가장 크고 친환경적인 구리 제련소를 완공하는 데 특히 두드러졌습니다.
새로운 이사인 Dr. Wang은 Zijin Mining의 해외 운영 부사장으로서 광범위한 운영 전문성을 가지고 있습니다. 그는 화학 박사 학위를 보유하고 있으며, 이전에는 Continental Gold 콜롬비아 지사의 CEO와 Gold Mountains HK International Mining의 총괄 매니저로 재직했습니다.
Ivanhoe Mines (IVPAF) a annoncé un changement significatif au sein de son conseil d'administration, avec la démission de M. Jinghe Chen, président de Zijin Mining, remplacé par le Dr Chun (James) Wang, à compter du 1er mars 2025. Chen était en fonction depuis 2019, suite à l'investissement stratégique de Zijin dans Ivanhoe et à la formation de la coentreprise Kamoa Copper en 2015.
Au cours du mandat de Chen, l'entreprise a atteint plusieurs jalons, notamment l'achèvement des Phases 1, 2 et 3 du Kamoa-Kakula Copper Complex, qui est devenu le producteur de cuivre à la croissance la plus rapide, de la plus haute qualité et avec les plus faibles émissions de carbone au monde. Sa contribution a été particulièrement remarquable dans l'achèvement de la plus grande et la plus écologique fonderie de cuivre d'Afrique à Kamoa-Kakula.
Le Dr. Wang, le nouveau directeur, apporte une vaste expertise opérationnelle en tant que VP des opérations internationales de Zijin Mining. Il détient un doctorat en chimie et a précédemment été PDG de la branche colombienne de Continental Gold et directeur général chez Gold Mountains HK International Mining.
Ivanhoe Mines (IVPAF) gab eine bedeutende Veränderung im Vorstand bekannt, da Herr Jinghe Chen, Vorsitzender von Zijin Mining, aus dem Vorstand ausscheidet. Er wird ab dem 1. März 2025 durch Dr. Chun (James) Wang ersetzt. Chen war seit 2019 im Amt, nachdem Zijin strategisch in Ivanhoe investiert hatte und die Kamoa Copper Joint Venture im Jahr 2015 gegründet wurde.
Während Chens Amtszeit erreichte das Unternehmen mehrere Meilensteine, darunter den Abschluss der Phasen 1, 2 und 3 des Kamoa-Kakula Copper Complex, der zu dem am schnellsten wachsenden, hochwertigsten und am wenigsten kohlenstoffemittierenden großen Kupferproduzenten weltweit geworden ist. Sein Beitrag war besonders bemerkenswert beim Abschluss der größten und umweltfreundlichsten Kupferschmelze Afrikas in Kamoa-Kakula.
Dr. Wang, der neue Direktor, bringt umfangreiche operative Expertise als VP für Auslandsoperationen von Zijin Mining mit. Er hat einen Doktortitel in Chemie und war zuvor CEO der kolumbianischen Niederlassung von Continental Gold und General Manager bei Gold Mountains HK International Mining.
- Seamless board transition maintaining strategic partnership with Zijin Mining
- Successful completion of all three phases of Kamoa-Kakula Copper Complex
- New director brings substantial international mining operations expertise
- None.
Johannesburg, South Africa--(Newsfile Corp. - March 4, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland announced today that Mr. Jinghe Chen, Chairman of Zijin Mining Group Co. Ltd., has stepped down from Ivanhoe's the board of directors and has been replaced with the appointment of Dr. Chun (James) Wang, Vice President of Overseas Operations for Zijin Mining.
Mr. Chen has served on Ivanhoe Mines' board of directors since 2019, following the strategic investment by Zijin Mining into Ivanhoe Mines and the forming of the Kamoa Copper joint venture in 2015. Dr. Wang replaces Mr. Chen on the board of directors, effective March 1, 2025.
Ivanhoe Mines Executive Co-Chair, Robert Friedland commented:
"I would like to thank Chairman Chen for his wisdom, support and unwavering dedication in shaping the Kamoa-Kakula Copper Complex and building Ivanhoe Mines into the world-class mining company it is today.
"With a true geologist's instinct, Chairman Chen and I shared in 2015 a recognition of the scale, quality and scarcity of the Kamoa orebody … as well as the potential to make a seismic copper discovery at Kakula over the years that followed. What has transpired since has surpassed all expectations. Together we have successfully delivered, ahead of schedule, the 3 Phases of Kamoa-Kakula… making it the fastest growing, highest-grade, lowest carbon-emitting major copper producer on our planet.
"Mr. Chen's legacy is etched into the foundations of our success, and we wish him health, happiness and success as he continues to drive Zijin forwards as one of the world's largest mining companies.
"We welcome Dr. James Wang onto our board of directors and we look forward to continuing our relationship with the same spirit of cooperation and shared vision for our bright future together."
Mr. Chen's industry expertise and unwavering dedication has been constant throughout his tenure on Ivanhoe Mines' board of directors. Mr. Chen played a vital role in several milestone achievements, including the successful completion of Phases 1, 2 and 3 of the Kamoa-Kakula Copper Complex. His contribution was particularly significant in the completion of Africa's largest and greenest copper smelter at Kamoa-Kakula. His strategic vision and commitment to operational excellence have significantly enhanced shareholder value and strengthened Ivanhoe's global role as a major metals producer.
Ivanhoe Mines extends our sincere appreciation to Mr. Chen for his service and wish him continued success in his future pursuits. As Chairman of Zijin Mining, Mr. Chen will dedicate his attention to continuing to guide Zijin Mining's strategic vision and the ongoing growth of its portfolio.
Dr. Wang will succeed Mr. Chen on the board of directors, effective March 1, 2025. Dr. Wang brings extensive operational and leadership expertise in international mining operations to this position.
Dr. Wang earned his Ph.D. in Chemistry from the Chinese Academy of Sciences in Beijing, following a bachelor's degree in Chemistry from Central South University. In his current role as Vice President of Zijin Mining, Dr. Wang leads the company's international business initiatives and serves as a key member of the Project Committee at Kamoa Holding Limited.
His exceptional operational track record includes serving as General Manager at Gold Mountains HK International Mining Co Ltd., where he cross-managed overseas assets and oversaw acquisitions, financial investments, and legal compliance activities for Zijin Mining Group's Hong Kong-listed operations. Additionally, Dr. Wang demonstrated his leadership capabilities as Chief Executive Officer of Continental Gold Colombia Branch, Zijin Mining Group, from October 2019 to March 2022.
Dr. Wang has established himself as a distinguished leader in the mining sector. His extensive experience in global mining operations and his strategic approach to international ventures make him well-suited to help guide Ivanhoe Mines' ongoing future growth.
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 ramp-up of the ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC; and, the phased development of the tier-one Platreef palladium-nickel-platinum-rhodium-copper-gold project in South Africa.
Ivanhoe Mines is also exploring across its highly prospective, 60
Follow Robert Friedland (@robert_ivanhoe) and Ivanhoe Mines (@IvanhoeMines_) on X.
Information contact
Investors
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Media
Tanya Todd +1.604.331.9834
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243245
FAQ
What impact will Chen's departure have on the Ivanhoe Mines (IVPAF) and Zijin Mining partnership?
What are the key achievements of Kamoa-Kakula under Chen's board tenure at IVPAF?
What qualifications does Dr. James Wang bring to IVPAF's board?
When did Zijin Mining initially invest in IVPAF and form the Kamoa Copper venture?
