Ivanhoe appoints Mark Farren as Chief Operating Officer and Steve Amos as Executive Vice President, Projects Kamoa Copper achieves a record 34,408 tonnes of copper floated in August Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete announce today the appointment of Mr. Mark Farren and Mr. Steve Amos to Ivanhoe Mines from [...]
Ivanhoe Mines reports record profit of $351.5 million for Q2 2022 Kamoa-Kakula Mining Complex in the Democratic Republic of Congo sold record 85,794 tonnes of payable copper and recognized revenue of $494.1 million in Q2 2022 Kamoa Copper's cost of sales total $1.15 per pound of payable copper during the second quarter, with C1 cash costs of $1.42 [...]
Ivanhoe Mines will report its Q2 2022 financial results before market open on Monday, August 15, 2022. The company will hold an investor conference call to discuss the Q2 2022 financial results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call dial-in is +1-647-484-0258 or toll free 1-800-289-0720, quote [...]
Kamoa-Kakula produces record 30,379 tonnes of copper in June, Phase 2 achieves steady-state production at the end of May Ivanhoe Mines joins United Nations Global Compact, the largest corporate sustainability initiative in the world Basic engineering complete for Kamoa Copper's Phase 3 direct-to-blister flash smelter; orders for long-lead time [...]
Ivanhoe Mines announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual General and Special Meeting held earlier today. The nominees listed in the management proxy circular dated May 3, 2022, were elected as directors, as shown in the following table of results. Director nominee Outcome [...]
Ivanhoe Mines stated today that it is unaware of any company-specific reason that might be contributing to the recent decline in the company's share price other than general market volatility. On July 5, 2022, Ivanhoe will issue a second quarter production update on the Kamoa-Kakula Mining Complex, as well as a general operations update. In May [...]
Kamoa-Kakula's Phase 2 concentrator ramps up to steady state ahead of schedule Kamoa Copper milled record 660,000 tonnes of ore in May, for a run rate of 8 million tonnes per year Phase 3 box cut nears completion at the Kamoa 1 and Kamoa 2 mines Long-lead time items secured for Inga II hydroelectric upgrade; construction to commence in July Ivanhoe [...]
Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo sold 51,919 tonnes of payable copper and recognized record revenue of $519.6 million in Q1 2022 The Kamoa-Kakula joint venture recorded record EBITDA of $399.4 million, and operating profit of $380.5 million for Q1 2022 Kamoa-Kakula's cost of sales total $1.08 per pound of [...]
Platreef Phase 1 production on schedule for Q3 2024 First blast on Platreef's 950-metre level completed on April 22, lateral mine development toward Flatreef orebody commences Ivanplats takes delivery of first battery-electric mining fleet, planning of Platreef's initial solar power plant well underway Ivanhoe Mines Executive Co-Chair Robert [...]
Phase 3 expansion to include additional Kamoa 5 million-tonne-per-annum concentrator, adjacent to two new underground mines Kamoa Copper commences earthworks on direct-to-blister smelter; on-site copper metal production expected in Q4 2024 Phase 2 production ramp-up to double annual copper production continues to progress smoothly Ivanhoe Mines [...]
Ivanhoe Mines announced today the publication of its fifth annual Sustainability Report. The report highlights Ivanhoe Mines' sustainability programs and initiatives in 2021, including significant accomplishments achieved at its three mine development projects, and outlines goals and benchmarks for current and future corporate activities. Ivanhoe [...]
Ivanhoe Mines stated today that the company is unaware of any company-specific reason that might be contributing to the recent decline in the company's share price other than general market volatility. Ivanhoe will imminently issue an update on the Kamoa-Kakula Mining Complex, including further detail on the Phase 3 expansion plans. Engineering and [...]