Recently ramped-up Phase 3 concentrator achieves record 90% recovery rate over 24 hours Lobito Atlantic Railway receives first batch of new container wagons Democratic Republic of the Congo is set to become World's second-largest copper producer Ivanhoe Mines Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the [...]
Opening ceremony was also attended by DRC First Lady and a distinguished delegation of national, provincial and local dignitaries Ivanhoe Mines recognized by the Mining Journal's ESG Company Index rankings as among the lowest carbon emitters Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete are very pleased to announce [...]
Phase 1, 2, and 3 concentrators produced a record 1,720 tonnes of copper in concentrate over 24 hours on October 12 Phase 3 concentrator milled a record 19,198 tonnes of ore on October 21, equivalent to 30% above nameplate capacity Phase 3 concentrator ramp-up complete and operating at steady-state since early October Ivanhoe Mines Executive [...]
Ivanhoe Mines will now commence its third quarter 2024 financial results call at 10:45 a.m. Eastern time / 7:45 a.m. Pacific time on October 30, 2024. Link to the results presentation on the company's website: https://www.ivanhoemines.com/wp-content/uploads/20241030-IVN-Q3-2024-Results-Presentation-vF.pdf. The conference call will conclude with a [...]
Ivanhoe Mines announces a quarterly profit of $108 million for Q3 2024, compared with $67 million for Q2 2024 Ivanhoe Mines reports Adjusted EBITDA of $160 million for Q3 2024, compared with $203 million for Q2 2024 Kamoa-Kakula produced a record 116,313 tonnes of copper in Q3 2024 and 303,328 tonnes of copper year-to-date Kamoa-Kakula Copper [...]
Ivanhoe Mines will release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call will conclude with a question-and-answer session. Media are invited [...]
Kamoa-Kakula milled a record 3.3 million tonnes, producing a record 116,313 tonnes of copper in concentrate during Q3, with the Phase 3 concentrator in ramp-up Phase 3 concentrator ramp-up approaching steady-state throughput and recovery as at quarter end Kamoa-Kakula's 2024 production guidance range adjusted to 425,000 - 450,000 tonnes of copper [...]
MOU outlines partnership for the sustainable development of Zambia's world-class mineral resources Ivanhoe Mines applying for new exploration rights in Zambia Ivanhoe Mines Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that on August 26, 2024, a memorandum of understanding was signed with the Ministry of Mines [...]
Kamoa-Kakula achieved new daily production record of 2,096 tonnes of copper on August 31 Phase 3 ramp-up nears completion; hot commissioning of fine-grinding circuit expected to be complete imminently Ivanhoe Mines Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2 and 3 concentrators at the [...]
Kamoa-Kakula reports a record 35,941 tonnes of copper produced in July Phase 3 increases annual copper production capacity to over 600,000 tonnes, making Kamoa-Kakula the third-largest copper mining complex globally Ivanhoe Mines Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 3 concentrator at [...]
Ivanhoe Mines regrets to report that a fatal accident occurred at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo . The accident occurred underground at the Kansoko mine when Mr. Bruno Akake Mutombo, a Kamoa Copper drill rig operator, was struck by a fall of ground. Mr. Mutombo was stabilized by the emergency response team and [...]
Ivanhoe Mines announces quarterly profit of $67 million and record quarterly normalized profit of $115 million, driven by income from the Kamoa-Kakula joint venture of $90 million Ivanhoe Mines reports record Adjusted EBITDA of $203 million for Q2 2024, compared with $126 million for Q1 2024 Kamoa-Kakula Copper Complex sold 95,900 tonnes of payable [...]