SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
IVANHOE MINES LTD.
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(Name of Issuer)
COMMON SHARES, NO PAR VALUE
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(Title of Class of Securities)
46579N
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(CUSIP Number)
31 DECEMBER 2003
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(Date of Event Which Requires Filing of this Statement)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of SECTION 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT
TO WHICH THIS SCHEDULE IS FILED:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
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CUSIP NO. 46579N Schedule 13G Page 2 of 13
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Robert Martin Friedland
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) N/A
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: American and Canadian
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Number of Shares 5. SOLE VOTING POWER: 100,834,334
Beneficially Owned --------------------------------------------------------
by 6. SHARED VOTING POWER: 0
Each Reporting --------------------------------------------------------
Person with 7. SOLE DISPOSITIVE POWER: 100,834,334
--------------------------------------------------------
8. SHARED DISPOSITIVE POWER: 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
100,834,334
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 38.0%
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12. TYPE OF REPORTING PERSON: IN
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CUSIP NO. 46579N Schedule 13G Page 3 of 13
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Newstar Holdings SRL
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) N/A
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: Barbados
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Number of Shares 5. SOLE VOTING POWER: 81,023,533
Beneficially Owned --------------------------------------------------------
by 6. SHARED VOTING POWER: 0
Each Reporting --------------------------------------------------------
Person with 7. SOLE DISPOSITIVE POWER: 81,023,533
--------------------------------------------------------
8. SHARED DISPOSITIVE POWER: 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
81,023,533
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 30.5%
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12. TYPE OF REPORTING PERSON: OO
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CUSIP NO. 46579N Schedule 13G Page 4 of 13
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Newstar Securities SRL
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) N/A
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: Barbados
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Number of Shares 5. SOLE VOTING POWER: 81,023,533
Beneficially Owned --------------------------------------------------------
by 6. SHARED VOTING POWER: 0
Each Reporting --------------------------------------------------------
Person with 7. SOLE DISPOSITIVE POWER: 81,023,533
--------------------------------------------------------
8. SHARED DISPOSITIVE POWER: 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
81,023,533
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 30.5%
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12. TYPE OF REPORTING PERSON: OO
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CUSIP NO. 46579N Schedule 13G Page 5 of 13
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Australian Bulk Minerals SRL
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) N/A
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: Barbados
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Number of Shares 5. SOLE VOTING POWER: 50,322,533
Beneficially Owned --------------------------------------------------------
by 6. SHARED VOTING POWER: 0
Each Reporting --------------------------------------------------------
Person with 7. SOLE DISPOSITIVE POWER: 50,322,533
--------------------------------------------------------
8. SHARED DISPOSITIVE POWER: 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
50,322,533
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 18.9%
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12. TYPE OF REPORTING PERSON: OO
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CUSIP NO. 46579N Schedule 13G Page 6 of 13
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1. NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS (ENTITIES ONLY)
Goldamere Holdings SRL
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) N/A
(a) [_]
(b) [_]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION: Barbados
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Number of Shares 5. SOLE VOTING POWER: 50,322,533
Beneficially Owned --------------------------------------------------------
by 6. SHARED VOTING POWER: 0
Each Reporting --------------------------------------------------------
Person with 7. SOLE DISPOSITIVE POWER: 50,322,533
--------------------------------------------------------
8. SHARED DISPOSITIVE POWER: 0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
50,322,533
--------------------------------------------------------------------------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES: N/A
[_]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 18.9%
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12. TYPE OF REPORTING PERSON: OO
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CUSIP NO. 46579N Schedule 13G Page 7 of 13
ITEM 1
1(a) NAME OF ISSUER: Ivanhoe Mines Ltd. (the "Company")
1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Suite 654 - 999 Canada Place, Vancouver, British Columbia,
Canada, V6C 3E1
ITEM 2
2(a) NAME OF PERSON FILING:
This statement is being filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
(i) Robert Martin Friedland;
(ii) Newstar Holdings SRL ("Newstar Holdings");
(iii) Newstar Securities SRL ("Newstar Securities");
(iv) Australian Bulk Minerals SRL ("ABM"); and
(v) Goldamere Holdings SRL ("Goldamere").
2(b) ADDRESS OR PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of Mr. Friedland is No. 1
Temasek Ave., 37th Floor, Unit 2, Millenia Tower, Singapore, 039192.
The address of the principal business office of Newstar Holdings is
Stevmar House, Suite 202, Rockley, Christ Church, Barbados.
The address of the principal business office of Newstar Securities is
Stevmar House, Suite 202, Rockley, Christ Church, Barbados.
The address of the principal business office of ABM is Stevmar House,
Suite 202, Rockley, Christ Church, Barbados.
The address of the principal business office of Goldamere is Stevmar
House, Suite 202, Rockley, Christ Church, Barbados.
2(c) CITIZENSHIP:
(i) Robert Martin Friedland - American and Canadian
(ii) Newstar Holdings - Barbados
(iii) Newstar Securities - Barbados
(iv) ABM - Barbados
(v) Goldamere - Barbados
2(d) TITLE OF CLASS OF SECURITIES: Common Shares with no par value
(the "Common Shares" or "Shares")
2(e) CUSIP NO.: 46579N
ITEM 3: N/A
CUSIP NO. 46579N Schedule 13G Page 8 of 13
ITEM 4. OWNERSHIP
a. Amount Beneficially Owned:
Goldamere directly beneficially owns an aggregate of
50,322,533 Shares. ABM may be deemed to beneficially own an
aggregate of 50,322,533 Shares as a result of its voting and
dispositive power over 50,322,533 Shares beneficially owned by
Goldamere, its wholly-owned subsidiary. Newstar Securities may
be deemed to beneficially own an aggregate of 81,023,533
Shares as a result of its voting and dispositive power over
50,322,533 Shares beneficially owned by ABM, its 89.9%
subsidiary, in addition to the 30,701,000 Shares owned
directly by it. Newstar Holdings may be deemed to beneficially
own an aggregate of 81,023,533 Shares as a result of its
voting and dispositive power over 81,023,533 Shares
beneficially owned by Newstar Securities, its wholly-owned
subsidiary. Mr. Friedland may be deemed to beneficially own an
aggregate of 100,834,334 Shares as a result of his voting and
dispositive over 81,023,533 Shares beneficially owned by
Newstar Holdings, his wholly-owned company, in addition to the
19,810,801 Shares owned directly by him.
b. Percent of class:
Mr. Friedland may be deemed to beneficially own
approximately 38.0% of the outstanding Common Shares. Newstar
Holdings and Newstar Securities may be deemed to beneficially
own approximately 30.5% of the outstanding Common Shares. ABM
and Goldamere may be deemed to beneficially own approximately
18.9% of the outstanding Common Shares.
c. Number of shares as to which such person has:
Goldamere may be deemed to have sole power to direct
the voting and disposition of the 50,322,533 Shares it
beneficially owns. ABM may be deemed to have sole power to
direct the voting and disposition of the 50,322,533 Shares
beneficially owned by Goldamere, its wholly-owned subsidiary.
Newstar Securities may be deemed to have sole power to direct
the voting and disposition of the 50,322,533 Shares
beneficially owned by ABM, its 89.9% subsidiary, in addition
to the 30,701,000 Shares owned directly by it. Newstar
Holdings may be deemed to have sole power to direct the voting
and disposition of the 81,023,533 Shares beneficially owned by
Newstar Securities, its wholly-owned subsidiary. Mr. Friedland
may be deemed to have sole power to direct the voting and
disposition of the 81,023,533 Shares beneficially owned by
Newstar Holdings, his wholly-owned company, in addition to the
19,810,801 Shares owned directly by him.
CUSIP NO. 46579N Schedule 13G Page 9 of 13
ITEM 5.
Ownership of 5 Percent or Less of a Class: N/A
ITEM 6.
Ownership of More than 5 Percent on Behalf of Another Person: N/A
ITEM 7.
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on By the Parent Holding Company or Control Person: N/A
ITEM 8.
Identification and Classification of Members of the Group: N/A
ITEM 9.
Notice of Dissolution of Group: N/A
ITEM 10.
Certifications: N/A
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
CUSIP NO. 46579N Schedule 13G Page 10 of 13
SIGNATURE.
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated as of February 13, 2004
/s/ Robert Martin Friedland
------------------------------------
Robert Martin Friedland
NEWSTAR HOLDINGS SRL
By: /s/ Robert Martin Friedland
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Name: Robert Martin Friedland
Title: President
NEWSTAR SECURITIES SRL
By: /s/ Robert Martin Friedland
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Name: Robert Martin Friedland
Title: President
AUSTRALIAN BULK MINERALS SRL
By: /s/ Robert Martin Friedland
-------------------------------
Name: Robert Martin Friedland
Title: President
GOLDAMERE HOLDINGS SRL
By: /s/ Robert Martin Friedland
-------------------------------
Name: Robert Martin Friedland
Title: President
CUSIP NO. 46579N Schedule 13G Page 11 of 13
EXHIBIT INDEX
Exhibit 1. Joint Filing Agreement as required by Rule 13d-1(k)(1)
under the Securities Exchange Act of 1934, as amended.