Independent Mineral Resource estimate for Western Foreland's Makoko and Kiala high-grade copper discoveries targeted in mid-2023, to be followed by Preliminary Economic Assessment Western Foreland's 2023 exploration program budgeted at approximately US$19 million, including up to 70,000 metres of drilling Ivanhoe to release 2022 fourth quarter and [...]
Kamoa-Kakula Phase 3 and future expansion capital costs expected to be funded by operating cash flow, at current copper prices Platreef Phase 1 initial capital currently funded with proceeds from stream facility; $150 million senior debt facility progressing well Kipushi construction activities underway, with pre-payment financing and offtake [...]
Ivanhoe's 26-year odyssey of discovery realizes a globally significant copper complex essential for the energy transition 2023 IDP consists of a pre-feasibility study for the Phase 3 and 4 expansions of Kamoa-Kakula, and a preliminary economic assessment life-of-mine extension case Phase 3 expansion, to be completed in 2024, increases [...]
Company-wide capital expenditure guidance for 2023 and 2024 to be released on Tuesday, January 31 Investor conference call discussing 2023 Integrated Development Plan to be held on Tuesday, January 31 Ivanhoe Mines will release the Kamoa-Kakula 2023 Integrated Development Plan , as well as the 2023 cash cost guidance for Kamoa-Kakula before market [...]
Kamoa-Kakula produced approximately 333,500 tonnes of copper in 2022, achieving the upper end of its guidance range Year-over-year copper production increased by 215% Kamoa-Kakula sets 2023 production guidance at between 390,000 and 430,000 tonnes of copper in concentrate Debottlenecking program over 90% complete; soon increasing the rate of [...]
Ivanhoe Mines announces today that Executive Co-Chairman Robert Friedland and President Marna Cloete will both be presenting at the Future Minerals Forum at the King Abdulaziz International Conference Centre in Riyadh, Saudi Arabia, which will take place on January 11-12, 2023. Mr. Friedland and Ms. Cloete join a prestigious group of speakers [...]
Ivanhoe Mines is responding to a headline published on December 20, 2022, by Bloomberg related to Mr. Vidiye Tshimanga and Ivanhoe's supposed "link" to this individual. The Bloomberg headline infers that Ivanhoe Mines has a business relationship with a company controlled by Mr. Tshimanga, and further infers that Ivanhoe is in some way involved in [...]
Ivanhoe Mines has issued this response today to a misleading and sensationalist "report" from an activist organization based in the United States, called The Sentry , and an associated article in the Canadian Globe and Mail newspaper. The Sentry report, and a subsequent story by Globe and Mail reporter Geoffrey York that was published on December [...]
Ivanhoe Mines is composing a detailed response to the Globe and Mail article written by Geoffrey York and published on December 15, 2022. The company currently is collecting facts and details to address the many omissions and misrepresentations within the article and referenced report from U.S.-based organization the Sentry, and expects to release [...]
Ivanhoe Mines is composing a formal response to a misleading and sensationalist article written by Geoffrey York of the Globe and Mail, dated December 15, 2022, that references an equally flawed and misleading report published by a U.S.-based organization, The Sentry, dated December 2022. The article and report contain numerous inaccuracies [...]
Kamoa-Kakula Mining Complex in the Democratic Republic of Congo sold a record 93,812 tonnes of payable copper and recognized revenue of $460 million in Q3 2022 Kamoa-Kakula recorded $940 million in EBITDA for the nine months ended September 30 Kamoa-Kakula's cost of sales total $1.05 per pound of payable copper during the third quarter, with C1 [...]
For the second month in a row, Kamoa-Kakula is producing at an annualised rate in excess of 400,000 tonnes of floated and filtered copper De-bottlenecking program is near 70% complete, to further increase annualized production to approximately 450,000 tonnes of copper New daily milling record achieved at Kamoa-Kakula, equivalent to an annual [...]