New daily production record of 1,202 tonnes copper produced on April 8 Phase 2 concentrator declared commercial production on April 7; Kamoa Copper to increase annualized copper production to more than 400,000 tonnes First copper production from Kamoa-Kakula's Phase 3, including copper metal from on-site flash smelter, expected in Q4 2024 Ivanhoe [...]
Production of copper concentrate from Phase 2 plant now underway Early commissioning positions Kamoa-Kakula to achieve upper end of 2022 copper production guidance of between 290,000 and 340,000 tonnes De-bottlenecking program underway to boost copper production to more than 450,000 tonnes annually by Q2 2023 Ivanhoe Mines Co-Chair Robert Friedland [...]
Ivanhoe announces strategic equity investment in Renergen, a South African emerging energy and helium producer Ivanhoe acquires exclusive right to negotiate an offtake agreement for electricity generated from Renergen's gas and solar hybrid-power facility Ivanhoe Mines Executive Co-Chair Robert Friedland announced today that the company has secured [...]
Ivanhoe Mines announced today that the company has filed a new National Instrument 43-101 technical report covering the Platreef 2022 Feasibility Study. The updated NI 43-101 technical report includes an independent feasibility study for the initial two phases of development for the Platreef Mine to a steady state production rate of 5.2 million [...]
Kamoa-Kakula copper joint venture in the Democratic Republic of Congo sold 53,165 tonnes of payable copper and recognized revenue of $488.5 million in Q4 2021 Kamoa-Kakula recorded operating profit of $198.9 million and an EBITDA of $357.6 million for the fourth quarter Kamoa-Kakula's cost of sales total $1.12 per pound of payable copper in Q4 [...]
Ivanhoe Mines announced today that the company has filed a new National Instrument 43-101 technical report covering the planned resumption of commercial production at the Kipushi Mine in the Democratic Republic of Congo. The updated NI 43-101 technical report includes an independent feasibility study for the redevelopment of the Kipushi Mine and [...]
Platreef ranks as world's largest precious metals deposit under development Phase 1 mine in construction, advancing towards first production in Q3 2024 2022 Feasibility Study yields an after-tax NPV8% of US$1.7 billion and IRR of 18.5% at long-term consensus metal prices After-tax NPV8% of US$4.1 billion and IRR of 29.3% at current spot metal [...]
Kamoa Copper continues to bolster senior leadership team with appointment of Zhang "Frank" Xingxun as Executive Director Ivanhoe Mines President, Marna Cloete, announced today that Riaan Vermeulen has been appointed as Kamoa Copper's new Managing Director, effective June 1, 2022. Riaan Vermeulen To view an enhanced version of this photo, please [...]
Copper production from the first Kamoa Copper's two phases projected to exceed 450,000 tonnes per year by Q2 2023, positioning Kamoa Copper as the world's fourth largest copper producer Construction of Kamoa-Kakula's Phase 2 concentrator almost complete and early-stage commissioning activities underway; first concentrate production expected in [...]
Kipushi 2022 feasibility study highlights outstanding economic results from planned rebirth of the historic Kipushi Mine, with two-year development timeline Kipushi will be the world's highest-grade major zinc mine, with average grade of 36.4% zinc over the first five years Life-of-mine average annual zinc production of 240,000 tonnes with C1 cash [...]
Ivanhoe Mines will report its Q4 2021 financial results before market open on Tuesday, March 8, 2022. The company will hold an investor conference call to discuss the Q4 2021 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 +1-647-484-0475 or toll free 1-888-220-8451, quote [...]
Dedicated engineering team appointed with goal of boosting combined Phase 1 and Phase 2 copper production up to 450,000 tonnes per annum Mark Farren, Chief Executive Officer of Kamoa Copper, to retire following the commissioning of Phase 2 Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that Kamoa-Kakula's Phase 2 [...]
