The new exploration rights form a continuous block on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop.
A model developed by Brazilian researchers shows that opening up protected areas in the Amazon to mining projects would lead to massive losses of forest coverage.
The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery “has the potential to secure the medium-term future of the Pallancata mine.”
James Stunt, the former son-in-law of motor racing supremo Bernie Ecclestone, told a court in Leeds the charges against him are slanderous and railed against an “oppressive” police investigation and prosecutors.