Kamoa-Kakula produced record 34,915 tonnes of copper in March Kamoa-Kakula reported weekly production record of 9,016 tonnes of copper and daily production record of 1,563 tonnes of copper in March Phase 1 and 2 concentrators reached new daily average milling record of over 29,000 tonnes Kamoa-Kakula achieved record average copper recoveries [...]
Ivanhoe Mines announced today that the company has filed a new National Instrument 43-101 technical report covering the Kamoa-Kakula 2023 Integrated Development Plan for the world-leading Kamoa-Kakula Copper Complex in the Democratic Republic of Congo . The 2023 IDP consists of a Pre-Feasibility Study for the Phase 3 and Phase 4 expansions of the [...]
Kamoa-Kakula Copper Complex sold 323,733 tonnes of payable copper in 2022 and recognized record annual revenue of $2.15 billion and record EBITDA of $1.39 billion Ivanhoe Mines recognized a record profit of $434 million in 2022, driven by record income from the Kamoa-Kakula joint venture of $405 million Kamoa-Kakula's 2022 cost of sales total $1.09 [...]
Ivanhoe Mines will release its 2022 fourth quarter and annual financial results before market open on Monday, March 13, 2023. 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 [...]
Milling operations increased by 22% to 9.2 million tonnes of ore per annum Copper production capacity increases to 450,000 tonnes per annum Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete, announced today at the 32nd BMO Global Metals & Mining Conference that the debottlenecking of the Kamoa-Kakula Copper Complex's [...]
Ivanhoe Mines announced today that the company is not aware of any company-specific reason that might be contributing to the recent decline in the company's share price. Ivanhoe will release its fourth quarter and full-year 2022 financial results on Monday, March 13, 2023. The company will host a conference call to discuss the results on the same [...]
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 [...]
