Ivanhoe Mines Ltd. announced that the company has been granted 22,195 square kilometres of greenfield prospecting rights for exploration in the Moxico and Cuando Cubango Provinces of Angola. A mining investment contract (MIC), officially granting the prospecting rights, was signed with the Angolan National Agency for Mineral Resources during the 2023 Angolan Mining Conference held in Luanda on November 23, 2023. The extensive package of prospecting rights covers highly prospective, greenfield copper exploration ground.

Ivanhoe's exploration activities are expected to commence following team mobilization in the new year. Also at the Angolan Mining Conference, the Angolan Secretary of State for Mineral Resources, Jânio Victor, on behalf of the Instituto Geologico de Angola (Geological Institute of Angola) and the United States Ambassador for Angola, Tulinabo Salama Mushingi, on behalf of the United States Geological Survey (USGS), signed a memorandum of understanding to work together mapping the country's critical minerals, such as copper, lithium, cobalt and manganese.