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The Kamoa-Kakula mine should start copper production in Q2 2021. The Kamoa-Kakula expansion has been accelerated, with Phase 2 production start-up expected in Q3 2022. The updated feasibility study for the Platreef project looks very good especially at the current metals prices. ...
Copper rose 12.24% in November - its best month in 4 years. On December 3, it was trading as high as $7,616 per ton - its highest since 2013. The copper rally is due in large part to improved manufacturing activity in the U.S., China and eurozone. The Caixin China General Manufact...
Johannesburg, South Africa--(Newsfile Corp. - December 4, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to announce the high-resolution site tour video, showcasing the talented team that is developing the world-scale Platreef palladium, platinum, rhodium, nickel, copper and gold p...
Ivanhoe Mines ([[IVPAF]] +2.6%) has announced that underground development at the Kamoa-Kakula copper project, produced a combined 250,000 tonnes of ore, grading 4.85% copper, in November.This tonnage from the Kakula and Kansoko mines was 29% higher than the volumes achieved in October, while...
Pre-production ore stockpiles now hold 1.25 million tonnes grading 3.75% copper, containing more than 46,700 tonnes of copper Underground development totalling 2,163 metres completed in November; more than 26.8 kilometres now complete - 9.0 kilometres ahead of plan Access to Kakula's +8...
Kamoa, the joint venture company holding the Kamoa-Kakula copper project, in Congo, has secured an equipment financing facility of up to €176M (~$211M), along with a $9M down-payment facility. The two facilities will be used to buy underground mobile mining equipment and services.Furth...
Johannesburg, South Africa--(Newsfile Corp. - December 1, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to announce that it will hold its second virtual Investor Day on Thursday, December 3, 2020, to discuss the findings of the recently-announced independent engineering studies,...
The credit facilities will be used to accelerate Kamoa-Kakula's Phase 2 expansion to 7.6 million tonnes per annum to Q3 2022, significantly ahead of schedule Kamoa-Kakula's outstanding economics are combined with first-class sustainability and social initiatives in keeping with the project...
FS evaluates a 4.4-million-tonne-per-annum (Mtpa) underground mine with annual production of more than 500,000 ounces of palladium, platinum, rhodium and gold; plus more than 35 million pounds of nickel and copper, becoming a world-scale producer of critical "green metals" Weighted price o...
Kakula's high-grade core now open for immediate development, where the average grade is projected to exceed 8% copper Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - November 11, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun...
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Ivanhoe Mines announces quarterly profit of $67 million and record quarterly normalized profit of $115 million, driven by income from the Kamoa-Kakula joint venture of $90 million Ivanhoe Mines reports record Adjusted EBITDA of $203 million for Q2 2024, compared with $126 million for Q1 2024...
Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its second quarter 2024 financial results before market open on Wednesday, July 31, 2024. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time ...
Kamoa-Kakula produced 100,812 tonnes of copper in concentrate in Q2 2024 First concentrate from the Phase 3 concentrator achieved on June 10, 2024, ramp up to steady state expected in Q3 2024 DRC power grid infrastructure upgrades continue, as well as phased roll-out of on-site, backup gene...