Ivanhoe Mines and Ivanplats Expand Challenge of Errors and Misrepresentations in Globe & Mail Story About Platreef Mine Development Project in South Africa

Story's failures and dishonest newsmaking betray Globe's professed commitment to 'honesty, accuracy, objectivity and balance'

TORONTO, ONTARIO--(Marketwired - Jan 28, 2015) - Ivanhoe Mines (TSX:IVN)

Updated January 28, 2015 (first issued January 12, 2015)

EXPANDED OPEN LETTER

The following is an open letter from Ivanhoe Mines and its subsidiary, Ivanplats, to the Globe and Mail in response to an article published January 10th about the Platreef Mine Development Project in South Africa.

As Ivanhoe Mines stated in its original Open Letter that was distributed on January 12, there is ample evidence to demonstrate that reporter Geoffrey York's cover story, published in The Globe and Mail's Report on Business on January 10 (Showdown in South Africa), is flawed by serious failures of what is purported to be standards-based journalism.

Readers are being deceived by the story's false allegations, misrepresentations and gratuitous exaggerations concerning the Platreef mine development in South Africa's Limpopo province that belie The Globe's claim that it "strives for a culture of accuracy".

Now, new information that has come to Ivanhoe Mines' attention since the distribution of the company's original Open Letter shows that the newspaper's failure to respect its own proclaimed news standards is considerably more acute than initially could be shown on January 12. The new information, including a number of additional essential and material facts, appears principally on pages two through six of this Expanded Open Letter. Pages four and five contain a review of the particularly egregious and apparently fabricated claim alleging that families do not have open access to visit and tend to relatives' graves. The entire letter may be read at www.ivanhoemines.com.

Just as it ignored numerous important facts and circumstances in its January 10 story, The Globe and Mail also has avoided shouldering its responsibility and has not taken any steps to set the record straight and rectify the story's journalistic failures that, in Ivanhoe's view, constitute a desertion of The Globe's obligations to its readers. Given the information that has come to light, readers should expect corrective action from the responsible Globe editors.