 Former Canadian prime minister Jean Chrétien is a special advisor to the company.In September 2010 it was reported that exploration around Oyu Tolgoi at the Heruga North deposit revealed higher reserves of gold and copper than previously estimated (the news caused IVN share prices to rise 6%).Capital spending is likely to reach $5Bn; in October 2010, Ivanhoe announced a new $1Bn share offering in order to raise funds to develop this mine.