Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that the company plans to issue the 2021 year-end production results, as well as production and cost guidance for 2022, for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo on Monday January 10, 2022. The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines , Zijin Mining Group , Crystal River Global Limited and [...]
2021 copper production and 2022 guidance to be published in January 2022 Phase 2 remains on track for early start-up in Q2 2022 Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa-Kakula's Phase 1, 3.8 million-tonne-per-annum concentrator plant in the Democratic Republic of Congo has exceeded the upper end of annual copper production guidance with more than 100,000 tonnes of [...]
Record copper production in November tops 18,270 tonnes, bringing year-to-date production to more than 87,000 tonnes as at November 30, 2021 Earthworks commenced for a new box cut to access Phase 3 mining areas; Phase 3 concentrator targeted by end of 2024 Engineering for Kamoa Copper's direct-to-blister smelter underway; long-lead items for smelter to be ordered in Q2 2022 Mining crews deliver a record 548,000 tonnes of [...]
Offtake arrangements announced for 100% of Platreef's first phase production Platreef scheduled to commence production in 2024 Definitive feasibility study for Platreef's phased development plan expected to be issued in Q1 2022 Emissions-free, battery-electric equipment purchased for underground mine development Platreef signs three-year collective agreement with workforce Ivanhoe Mines Executive Co-Chair Robert Friedland [...]
Ivanhoe Mines President Marna Cloete, on behalf of all the women and men of the company, today congratulated Founder and Executive Co-Chairman, Robert Friedland, on his induction into the American Mining Hall of Fame for accomplishments during his distinguished career in the international mining industry. Mr. Friedland's formal induction ceremony was held in Tucson on December 4th, and attended by approximately 500 [...]
Ivanhoe Mines reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine development operations in South Africa or the Democratic Republic of Congo . No cases of the new variant have been detected at the company's Kamoa-Kakula and Kipushi projects in the DRC and, while there have been some recent infections among employees and contractors working at the company's Platreef Project in [...]
500-ktpa smelter to be the largest copper smelter in Africa, and one of the world's largest single-line smelters Metso Outotec's state-of-the-art, environmentally-friendly smelter technology aligned with Kamoa-Kakula's goal of producing the world's 'greenest copper' Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper has awarded China Nerin Engineering Co., Ltd. of [...]
Ivanhoe Mines records a profit of $85.4 million in Q3 Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021 More than 77,500 tonnes of copper produced year-to-date; copper production guidance for 2021 raised to 92,500 to 100,000 tonnes Kamoa-Kakula sold 41,490 tonnes of payable copper and recognized revenue of $342.6 million in Q3, with an inaugural operating profit of $209.7 million and EBITDA [...]
Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021. Mr. van Heerden's appointment allows Marna Cloete to focus solely on her role as Ivanhoe's President. Ms. Cloete has held the dual roles of President and CFO since her appointment as President in March 2020. David [...]
Ivanhoe Mines reminds investors that it will report its Q3 2021 financial results before market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the results at 10:30AM Eastern Time the same day. Conference call and webcast details Link to join the live audio webcast: http://services.choruscall.ca/links/ivanhoemines20211115.html Phone numbers to join the live conference call [...]
Phase 1 concentrator plant now operating at steady-state design; optimization work underway to further enhance operating performance 2021 production guidance range for copper in concentrate raised to 90,000 to 95,000 tonnes Phase 2 concentrator approximately 60% complete, with construction team achieving 4 million hours worked without a lost-time injury Planning underway for a new box cut and decline to access mining [...]
Ivanhoe Mines will report its Q3 2021 financial results before market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the results at 10:30AM Eastern Time the same day. Conference call and webcast details Link to join the live audio webcast: http://services.choruscall.ca/links/ivanhoemines20211115.html. Phone numbers to join the live conference call: Canada/USA toll-free [...]