Overall Development of the Flagship Kakula Copper Mine More than 58% Complete, with First Concentrate from the Initial 3.8-million-tonnes-per-annum Concentrator Plant on Track for July 2021 Updated Integrated Development Plan for multiple expansions up to at least 19 Mtpa highlights the potential for the Kamoa-Kakula Project to become the world's second largest copper mine Updated Definitive Feasibility Study and [...]
194,000 tonnes of development ore grading 4.01% copper mined in October, a 48% increase in tonnage over September's output Pre-production ore stockpiles now contain approximately one million tonnes grading 3.47% copper Kakula's main access tunnels scheduled to be connected in the next two weeks, positioning the mine to significantly accelerate the tonnage of high-grade ore delivered to surface stockpiles Overall progress [...]
Ivanhoe Mines announced today that the company has filed an updated National Instrument 43-101 technical report covering the Kamoa-Kakula Integrated Development Plan 2020 . The updated NI 43-101 technical report includes the independent definitive feasibility study for the development of the Kakula Copper Mine; together with an updated pre-feasibility study that includes ore mined from the nearby Kansoko Copper Mine in [...]
Kakula's northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper Excellent construction progress being made on Kakula's concentrator plant; first production now expected in July 2021 Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines OTCQX: IVPAF), announced today that excellent progress is being made advancing [...]
Construction of the project's first 3.8 million-tonne-per-annum processing plant and surface infrastructure at the high-grade Kakula Mine more than 52% complete, with first production less than a year away Orders now being placed for the long-lead items for the project's second 3.8 Mtpa processing plant Development from Kakula's southern decline nearing the centre of the orebody, where grades average between +5% and +8 [...]
Ivanhoe Mines announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual and Special Meeting held earlier today. The nominees listed in the management proxy circular dated August 10, 2020, were elected as directors, as shown in the following table of results. Director nominee Outcome Votes for % for Votes withheld % withheld Robert M. Friedland Elected [...]
Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce today that the Kamoa-Kakula Copper joint venture has agreed to immediately proceed with orders for the long-lead equipment for the second, 3.8 million-tonne-per-annum concentrator module at the Kakula Mine, which will double the mine's processing capacity from 3.8 Mtpa to 7.6 Mtpa. The earlier than planned placement of the orders for [...]
Ivanhoe Mines will be hosting its 2020 Annual and Special meeting of shareholders on Monday, September 28, 2020 at 8 a.m. as detailed in the proxy materials distributed to shareholders, and available on the company's website at www.ivanhoemines.com and under the company's provide on SEDAR at www.sedar.com. Due to ongoing COVID-19 safety concerns and physical gathering restrictions in place, the company requests that all [...]
Rescue and recovery operations in Shaft 1 at Ivanplats' Platreef Project were completed today. On Monday, September 14, 2020, the cable holding a kibble bucket was sheared in the headgear of the shaft and the kibble bucket subsequently fell down Shaft 1 and struck the northern side of the working platform , where four employees were conducting routine water-pumping activities. One of the employees was rescued from [...]
Ivanplats and Ivanhoe Mines report that a fatal accident has occurred in Shaft 1 at the Platreef palladium-platinum-nickel-copper-rhodium-gold mine development project on the Northern Limb of South Africa's Bushveld Complex. Preliminary information indicates that the accident occurred as a result of a kibble bucket falling down Shaft 1 and striking the northern side of the working platform , where four employees were [...]
Ivanhoe Mines is pleased to announce that the high-resolution site tour video, showcasing the talented team that is rapidly constructing the tier-one Kamoa-Kakula Copper Project in the Democratic Republic of Congo , is now available for viewing. The link to the high-resolution version of the Kamoa-Kakula site tour video is: https://player.vimeo.com/video/457336163?quality=1080p "The site tour video allows everyone to meet [...]
The IDP comprises three development scenarios: Kakula definitive feasibility study , Kakula-Kansoko pre-feasibility study , and Kamoa-Kakula preliminary economic assessment ■ Ultra-high copper grades; clean, renewable hydropower; and approximately half of tailings stored underground, positions Kamoa-Kakula to produce the world's most environmentally-responsible copper ■ The DFS evaluates the stage-one [...]
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