Ivernia is an international base metal mining company. The Company is the sole owner of the Paroo Station Mine in Western Australia. On April 7, 2011 Ivernia announced that the Paroo Station Mine was being placed on care and maintenance. On March 28, 2013 the company announced that was recommencing processing operations.

On December 17, 2012, Ivernia entered into a management services agreement (the "Enirgi Management Services Agreement") with Enirgi Group Corporation ("Enirgi Group"), Ivernia's majority shareholder. Pursuant to the Enirgi Management Services Agreement, Enirgi Group will be responsible for providing the necessary officers responsible for (among other things) general management and executive services for Ivernia, including strategic and business planning functions, accounting, treasury and other day-to-day matters.