Ivanhoe Mines will report its Q3 2021 financial results before market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the results at 10:30AM Eastern Time the same day. Conference call and webcast details Link to join the live audio webcast [...]
New Phase 1 daily production record of 721 tonnes of copper achieved Kamoa-Kakula's second filter press begins operations, allowing for increased copper concentrate production Phase 1 concentrator ore throughput exceeding the 3.8 Mtpa design by more than 10% Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that construction [...]
Ivanhoe Mines is aware of a Bloomberg article with respect to its Western Foreland copper exploration project, which is adjacent to, and along trend of, the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Ivanhoe does not comment on market rumors or speculation, nor discuss specific negotiations. Ivanhoe can, however, confirm that at [...]
A record 16,010 tonnes of copper produced in the month ended September 20 More than 46,750 tonnes of copper produced year-to-date to September 20 2021 production guidance range for copper in concentrate raised to 85,000 to 95,000 tonnes Floated concentrate grade improved to 55.7% copper; average plant flotation recovery increased to 85.1%; both [...]
Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony Toronto Stock Exchange today announced the 2021 TSX30™, the Exchange's flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the [...]
14,815 tonnes of copper produced in August, bringing the year-to-date production to more than 36,700 tonnes Installation of an additional concentrate filter expected by end of October 2021, further boosting copper production Phase 2 concentrator plant construction now 44% complete Mining crews delivered 220,000 tonnes of ore grading a record 6.03 [...]
Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for Phase 3 and future expansions Combined 240 MW output from the Mwadingusha and Inga II hydropower plants also will benefit local communities Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles [...]
Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the [...]
Copper production exceeded 500 tonnes per day towards the end of July Phase 1 concentrator copper recoveries averaged approximately 81% during July as commissioning advances Phase 2 concentrator expansion to 7.6 Mtpa more than 35% complete; well on track to begin operations in Q3 2022 Mining crews set a new record for underground development in [...]
Kamoa Copper draws down US$300 million advance payment facility available under the offtake agreements; all future Phase 1 operating costs and majority of Phase 2 capital expenditures expected to be funded from copper sales and facilities in place Daily shipments of copper concentrate to local smelter to produce 99%-pure blister copper also [...]
First truckloads of copper concentrate delivered to local smelter on June 1; daily concentrate deliveries ongoing, first blister copper ingots received Phase 2 concentrator expansion to 7.6Mtpa on track for Q3 2022; civil works and structural steel construction ahead of schedule Kamoa Copper fully authorized to export blister copper and concentrate [...]
Ivanhoe Mines announced today that the June progress update for the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo is expected to be issued on July 6, 2021, after the major Canadian and US public holidays. About Ivanhoe Mines Ivanhoe Mines is a Canadian mining company focused on advancing its three principal joint-venture projects in [...]