Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for future expansions Democratic Republic of Congo's President Félix Tshisekedi expresses support for the Turbine 5 upgrade at Inga II Voith Hydro of Germany to be appointed as lead contractor for the Turbine 5 project Upgrading of the Mwadingusha hydropower plant is nearing [...]
Olivier Binyingo, Ivanhoe Mines' Vice President Public Affairs DRC, also appointed to Kamoa Copper's Board Louis Watum appointed General Manager of the Kipushi zinc-copper-silver project; also serves as President of the Chamber of Mines at the Federation of Enterprises of Congo Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper SA has appointed Ben Munanga as Chairman [...]
Pre-production ore stockpiles hold 2.56 million tonnes grading 4.60% copper, containing more than 117,000 tonnes of copper Overall progress of Kamoa-Kakula's first phase, 3.8-Mtpa mining and milling operation 92% complete; commissioning of concentrator plant underway with first copper production on track for July 2021 Kamoa-Kakula's main 220-kV substation energized with clean, renewable hydropower Phase 2 expansion to 7.6 [...]
New monthly development record also achieved, with an advancement of more than 3,000 metres Detailed monthly progress update expected on April 6 Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the Kamoa-Kakula Copper Project in the Democratic Republic of Congo has mined and stockpiled a record number of tonnes of copper ore during the month of March. The project also set a new [...]
US$575 million funding positions Ivanhoe and joint-venture partners to fast-track additional hydropower upgrades to provide sufficient clean and renewable electricity for Kamoa-Kakula expansions to 19 million tonnes of ore per annum and beyond, including a smelter Funding also allows for expansion and acceleration of the Western Foreland exploration program, in pursuit of the next world-scale copper discovery Ivanhoe [...]
Ivanhoe Mines today announced the closing of its previously announced private placement offering of US$575,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 , which includes the exercise in full of the initial purchasers' option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes. Executive Co-Chairman of the company, Robert Friedland, commented, "We received [...]
Ivanhoe Mines today announced that the initial purchasers in its previously announced private placement offering of US$500,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 have exercised, in full, their option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, bringing the total Offering size to US$575,000,000. The Offering, including the additional Notes, is [...]
Ivanhoe Mines today announced that it has priced its previously announced private placement offering of US$500,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 . The company also granted the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 13 days after the closing of [...]
Ivanhoe Mines today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 . The company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time until 13 days after the closing of the Offering. The Notes [...]
Phase 1 construction at the 3.8-Mtpa Kakula Copper Minein D.R. Congo approximately 80% complete;commissioning of concentrator plant now underway,with initial production on track for July 2021 Kamoa-Kakula's pre-production ore stockpiles hold more than 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copper Kakula's Phase 2 expansion, scheduled for Q3 2022, will double concentrator throughput [...]
Ivanhoe Mines is pleased to invite shareholders, investors and stakeholders to view a new virtual site tour video that was prepared as part of the company's participation in BMO Capital Markets' annual Global Metals & Mining Conference. The video features members of the talented, multinational team that is rapidly constructing the tier-one Kamoa-Kakula Copper Mine in the Democratic Republic of Congo . The high-resolution [...]
Volume of ore from underground mining now exceeding steady-state monthly requirements of the Phase 1, 3.8-Mtpa concentrator Pre-production ore stockpiles now hold 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copper Major conveyor belt changeover to permanent configuration completed in February, with underground ore now directly delivered to the surface stockpile Overall progress of [...]
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