Ivanhoe Mines

Ivanhoe Mines Ltd. (TSX: IVN)

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Ivanhoe Mines' shares gained 1.22 percent to close at C$1.66 a share Thursday. The stock traded between C$1.58 and C$1.70 on volume of 1.74 million shares traded. On Thursday, Ivanhoe reported positive results from its Kakula discovery on the company's Kamoa copper project in the Democratic Republic of the Congo. "The consistent frequency of thick intersections of exceptionally high-grade copper mineralization from both infill and step-out drill holes enhances our absolute confidence that Kakula is a game-changing discovery for the Kamoa project," said Robert Friedland, executive chairman. Shares of Ivanhoe Mines have gained approximately 172.1 percent year-to-date and are up roughly 49.6 percent in the past month.