EXHIBIT 31.2
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                    CERTIFICATIONS PURSUANT TO SECTION 302
                       OF THE SARBANES-OXLEY ACT OF 2002

I, Tony Giardini, certify that:

1.   I have reviewed this annual report on Form 40-F of Ivanhoe Mines Ltd.;

2.   Based on my knowledge,  this report does not contain any untrue statement
     of a material fact or omit to state a material fact necessary to make the
     statements  made,  in  light  of  the  circumstances   under  which  such
     statements  were made, not misleading  with respect to the period covered
     by this report;

3.   Based on my knowledge,  the  financial  statements,  and other  financial
     information  included  in this  report,  fairly  present in all  material
     respects the financial condition, results of operations and cash flows of
     the issuer as of, and for, the periods presented in this report;

4.   The  issuer's  other  certifying  officer(s)  and I are  responsible  for
     establishing  and  maintaining  disclosure  controls and  procedures  (as
     defined in Exchange  Act Rules  13a-15(e)  and  15d-15(e))  and  internal
     control  over  financial  reporting  (as  defined in  Exchange  Act Rules
     13a-15(f) and 15d-15(f)) for the issuer and have:

     (a)  Designed such  disclosure  controls and  procedures,  or caused such
          disclosure   controls  and  procedures  to  be  designed  under  our
          supervision,  to ensure that  material  information  relating to the
          issuer, including its consolidated subsidiaries, is made known to us
          by others within those entities,  particularly  during the period in
          which this report is being prepared;

     (b)  Designed such internal control over financial  reporting,  or caused
          such internal control over financial  reporting to be designed under
          our  supervision,  to provide  reasonable  assurance  regarding  the
          reliability of financial  reporting and the preparation of financial
          statements  for  external  purposes  in  accordance  with  generally
          accepted accounting principles;

     (c)  Evaluated the effectiveness of the issuer's  disclosure controls and
          procedures  and presented in this report our  conclusions  about the
          effectiveness of the disclosure  controls and procedures,  as of the
          end of the period  covered by this report based on such  evaluation;
          and

     (d)  Disclosed in this report any change in the issuer's internal control
          over financial  reporting that occurred during the period covered by
          the report that has materially affected,  or is reasonably likely to
          materially  affect,  the issuer's  internal  control over  financial
          reporting; and

5.   The issuer's other certifying  officer(s) and I have disclosed,  based on
     our most recent evaluation of internal control over financial  reporting,
     to the issuer's auditors and the audit committee of the issuer's board of
     directors (or persons performing the equivalent functions):

(a)               All significant deficiencies and material weaknesses in the
                  design or operation of internal control over financial
                  reporting which are reasonably likely to adversely affect the
                  issuer's ability to record, process, summarize and report
                  financial information; and

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(b)               Any fraud, whether or not material, that involves management
                  or other employees who have a significant role in the issuer's
                  internal control over financial reporting.


Date:    March 28, 2008



By:  /s/ "Tony Giardini"
    -----------------------------
     Tony Giardini
     Chief Financial Officer