KINSHASA, Democratic Republic of Congo, March 16, 2018 -- Ivanhoe Mines welcomes the forthcoming commencement of discussions with the Minister of Mines for the Democratic Republic of Congo and other State representatives. The continued talks have the goal of resolving, in a fair and equitable manner, the mining industry’s concerns with the [...]
KINSHASA, Democratic Republic of Congo, March 08, 2018 -- Ivanhoe Mines welcomes the commitment made yesterday by mining industry representatives and Democratic Republic of Congo President Joseph Kabila Kabange to continue productive and mutually advantageous discussions to resolve industry concerns arising from the DRC’s 2018 mining code [...]
Kakula now contains Indicated Mineral Resources of 174 million tonnes at 5.62% copper, plus additional Inferred Mineral Resources of 9 million tonnes at 3.66% copper, at a 3% cut-off. Figure 1. Kamoa-Kakula mining licence, showing the Kamoa, Kakula and Kakula West Mineral Resource areas. Figure 2. Kamoa, Kakula and Kakula West Indicated and [...]
TORONTO, Feb. 08, 2018 -- Robert Friedland, Executive Chairman and founder of Ivanhoe Mines , and Lars-Eric Johansson, Chief Executive Officer, today announced the strengthening of the company’s senior management team with the appointment of Egizio Bianchini as Ivanhoe’s Executive Vice Chairman. BMO Capital Markets has announced Mr [...]
TORONTO, Feb. 05, 2018 -- Robert Friedland, Executive Chairman of Ivanhoe Mines , said today that he plans to directly address potential changes that have been proposed to the Democratic Republic of Congo’s mining code during his keynote presentation at the Mining Indaba in Cape Town, South Africa, this Wednesday, February 7. Mr [...]
TORONTO, Jan. 31, 2018 -- Ivanhoe Mines announced today that it is aware of recent media reports regarding possible changes to the mining code in the Democratic Republic of Congo . Ivanhoe notes that there have been no changes implemented into law. Ivanhoe plans to issue a further statement in the near future. About Ivanhoe Mines Ivanhoe Mines is [...]
VANCOUVER, British Columbia, Jan. 26, 2018 -- Ivanhoe Mines announced today that, further to its news release of December 13, 2017, the company has filed a National Instrument 43-101 technical report on the 2017 pre-feasibility study for the planned redevelopment of the company’s historic, high-grade, Kipushi zinc-copper-silver-germanium mine [...]
VANCOUVER, British Columbia, Jan. 12, 2018 -- Ivanhoe Mines announced today that, further to its news release dated November 28, 2017, the company has filed a National Instrument 43-101 technical report on the updated preliminary economic assessment for the Kakula Deposit and the updated pre-feasibility study for the Kamoa Deposit at the [...]
Fresh Kakula resource estimate being prepared based on drilling completed to the end of December 2017 Mwadingusha hydroelectric power plant and distribution substation. Interior of the Mwadingusha power plant, with one of the upgraded alternators. Mwadingusha dam, upstream from power plant. Portals to declines being built to access the Kakula [...]
Redevelopment plan to bring Kipushi’s Big Zinc Zone into production in less than two years, with life-of-mine average annual production rate of 225,000 tonnes of zinc and cash costs of US$0.48/lb of zinc World’s 10 largest zinc mines, showing estimated annual zinc production and zinc head grades . World’s top 20 zinc projects, by [...]
Based on current copper resources, the PEA analyzes an initial, two-stage, modular, 12 million-tonne-per-annum operation – supplied by two adjacent six million-tonne-per-annum mines and a direct-to-blister smelter – yielding an after-tax NPV8% of US$7.2 billion and an IRR of 33% over a 44-year mine life Figure by OreWin 2017. Figure by [...]
New Kamoa-Kakula preliminary economic assessment of two mines, with projected, combined production of 12 million tonnes per year, nearing completion Preparing for the first blast for the twin declines at the Kakula box cut – November 15, 2017. Abraham Li , Deputy General Manager of Kamoa Copper, and Mark Farren , Ivanhoe’s Executive [...]