Ivanhoe Mines elevates responsibilities of several other key executives as company prepares for the start of commercial production Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that the company has promoted its Chief Financial Officer, Marna Cloete, to the position of President effective today, in addition to her [...]
On pace for new monthly development record of more than 1.3 kilometres in February Construction of the first phase, 3.8-million-tonne-per-annum, copper processing plant at the Kakula Mine is rapidly advancing and remains on track for initial production in Q3 2021 First loads of equipment for Kakula's processing plant delivered Ivanhoe Mines [...]
Ivanhoe Mines deeply regrets to report that a contractor's employee passed away yesterday due to fat embolism syndrome causing severe brain damage following a broken bone incurred in a workplace accident on January 21, 2020 at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo. Fat embolism syndrome is a rare, but life-threatening [...]
Combined Kamoa-Kakula Project Indicated Mineral Resource now stands at 423 million tonnes grading 4.68% copper, at a 3% cut-off Combined Kamoa-Kakula Project Indicated Mineral Resource now stands at 1.4 billion tonnes grading 2.7% copper, at a 1% cut-off Initial Indicated Mineral Resource estimate for the Kamoa North Bonanza Zone includes 1.5 [...]
Spot price of palladium hits an all-time high of more than US$2,100 an ounce, while the price of rhodium hits a ten-year high of US$8,200 an ounce Independent feasibility study underway on a smaller-scale, lower-capital-cost mine development plan to accelerate initial production by using Shaft 1 as a production shaft Ivanhoe Mines' Co-Chairmen [...]
CITIC Metal Africa Investments Limited announces the following transaction. CITIC has sold an aggregate of 35,752,011 Class A common shares of Ivanhoe Mines Ltd. on a non-diluted basis) at a price of C$3.98 per share for an aggregate subscription amount of approximately C$142,293,004 . The Sale was effected in accordance with the terms and [...]
Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that senior members of Ivanhoe Mines' management team met with high-ranking government officials in Kinshasa to congratulate them on their recent appointments and to provide updates on the development progress at Ivanhoe's Kamoa-Kakula and Kipushi joint-venture [...]
Ivanhoe and Zijin Mining have made excellent progress developing the Kakula Copper Mine in D.R. Congo, with initial production on track for Q3 2021 Capacity of Kakula's processing plant modules increased by 26%, from 3.0 Mtpa to 3.8 Mtpa each, significantly boosting projected early-stage copper production Additional mining crews to be added at [...]
A story in the London-based Financial Times, headlined "Robert Friedland, China and the rush for copper in the DRC" and initially published online October 28, 2019, contained factual errors and omitted pertinent information that could be misleading or convey incorrect and incomplete impressions to readers. The story focused on the Kamoa-Kakula [...]
Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the spot price of palladium has reached another all-time high of US$1,781 an ounce. Recent increases in the price of palladium, nickel, rhodium and gold has resulted in the weighted price of the 'basket' of metals contained in the ore at the Platreef [...]
Ivanhoe and Zijin install a stand-alone executive team to take Kamoa-Kakula to commercial production Louis Watum, Ivanhoe's DRC country manager, appointed President of the Board of Directors of Kamoa Copper SA and expands his role Senior Zijin Chief Operating Officer and three Congolese nationals strengthen Kamoa-Kakula's senior management team to [...]
Canada's premier equities marketplace launches new program to showcase top performing companies, TSX to host market open ceremony September 27 Toronto Stock Exchange today announced the inaugural TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The [...]