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Ivanhoe Surges as Investors Bet on African Copper Motherlode

  • Kakula copper deposit in Congo leaves mining guru ‘speechless’
  • Political instability in DRC seen as biggest risk for stock

Ivanhoe Soars as Market Bets on Congo Motherlode

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Canada has a new stock-market crush.

Ivanhoe Mines Ltd., the Vancouver-based company founded by Robert Friedland, is the best-performing stock on the S&P/TSX Composite Index in the past six months as expectations build over its African copper project.