Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines, announced that Mark Farren, formerly Ivanhoe's Executive Vice President, Operations, has been appointed as the Chief Executive Officer of the Kamoa-Kakula Copper Joint Venture. In two concurrent moves to further enhance Ivanhoe's development and operating capabilities, Louis Watum, Ivanhoe's DRC country manager, has been appointed President of the Board of Directors of Kamoa Copper SA, the DRC operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the Government of the Democratic Republic of Congo that is developing the Kamoa-Kakula Project. Mr. Watum's expanded role includes assisting with infrastructure development.

South African mining veteran Warwick Morley-Jepson has been appointed as Ivanhoe's new Chief Operating Officer, assuming the duties formerly held by Mr. Farren. Joining Mr. Farren on Kamoa-Kakula's new executive management team will be Dr. Yong Chen of Zijin Mining, as Chief Operating Officer. Dr. Chen has more than 25 years' management experience in mining operations, including his most recent role as Director and General Manager of Xinjiang Ashele Copper Ltd. The Kamoa-Kakula Copper senior management team also includes Congolese nationals Ben Munanga - Head of Energy; Teddy Kabongo - Head of Tax; and Dr. Guy Muswil - Head of Sustainability.

As well, Rochelle De Villiers of Ivanhoe Mines and David Li of Zijin Mining have been appointed as Kamoa-Kakula's Co-Chief Financial Officers. The company has appointed Warwick Morley-Jepson as its new Executive Vice President and Chief Operating Officer. Mr. Morley-Jepson is a seasoned mining professional who will assume the duties previously performed by Mr. Farren.

He will be responsible for overseeing the technical and development initiatives that Ivanhoe currently is pursuing at the Kipushi and Platreef projects. He also will be a key member of the Ivanhoe team working with Zijin Mining to oversee the development of the Kamoa-Kakula Project. Mark Farren has 31 years of experience in building and managing mines in some of the world's major mineral fields.

Mr. Farren joined Ivanhoe Mines in June 2014, assuming lead responsibilities for various engineering and development activities as Ivanhoe Mines' Executive Vice President, Operations. Louis Watum joined Ivanhoe Mines in December 2014 as Managing Director of the company's operations in the DRC. In March 2015, he was appointed to the additional role of General Manager, Kamoa Copper SA.

Dr. Yong Chen has been working in the mining industry for more than 25 years. Prior to his current appointment, Dr. Chen was Board Director and General Manager of Xinjiang Ashele Copper Ltd. Warwick Morley-Jepson is an experienced mining professional with a track record of increasing responsibility over a 37-year career in mining.