ZIJMF - Ivanhoe Mines Confirms The Beast Is Being Born
Ivanhoe Mines (IVPAF) released three new economic studies for its 39.6%-owned world-class Kamoa-Kakula copper project (39.6% owns Zijin Mining (ZIJMF) (ZIJMY), 0.8% owns Crystal River Global Limited, and 20% owns the government of the Democratic Republic of Congo). The company presented a feasibility study for the Kakula mine, a PFS for the combined Kakula-Kansoko mining operation, and a PEA that outlines a long-term development plan for the whole mining complex that should result into a 19 Mtpa mining operation with peak production of over 1.75 billion lb copper.
The large property located in the southern