Combined Kamoa-Kakula Project Indicated Mineral Resource now stands at 423 million tonnes grading 4.68% copper, at a 3% cut-off Combined Kamoa-Kakula Project Indicated Mineral Resource now stands at 1.4 billion tonnes grading 2.7% copper, at a 1% cut-off Initial Indicated Mineral Resource estimate for the Kamoa North Bonanza Zone includes 1.5 million tonnes grading 10.7% copper, at a 5% cut-off Drilling continues to [...]
Spot price of palladium hits an all-time high of more than US$2,100 an ounce, while the price of rhodium hits a ten-year high of US$8,200 an ounce Independent feasibility study underway on a smaller-scale, lower-capital-cost mine development plan to accelerate initial production by using Shaft 1 as a production shaft Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's [...]
CITIC Metal Africa Investments Limited announces the following transaction. CITIC has sold an aggregate of 35,752,011 Class A common shares of Ivanhoe Mines Ltd. on a non-diluted basis) at a price of C$3.98 per share for an aggregate subscription amount of approximately C$142,293,004 . The Sale was effected in accordance with the terms and conditions of a share purchase agreement dated October 8, 2019 between Ivanhoe [...]
Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that senior members of Ivanhoe Mines' management team met with high-ranking government officials in Kinshasa to congratulate them on their recent appointments and to provide updates on the development progress at Ivanhoe's Kamoa-Kakula and Kipushi joint-venture mining projects. The Ivanhoe team met with Prime Minister Sylvestre Ilunga [...]
Ivanhoe and Zijin Mining have made excellent progress developing the Kakula Copper Mine in D.R. Congo, with initial production on track for Q3 2021 Capacity of Kakula's processing plant modules increased by 26%, from 3.0 Mtpa to 3.8 Mtpa each, significantly boosting projected early-stage copper production Additional mining crews to be added at Kakula to increase pre-production ore stockpile and to position the mine to [...]
A story in the London-based Financial Times, headlined "Robert Friedland, China and the rush for copper in the DRC" and initially published online October 28, 2019, contained factual errors and omitted pertinent information that could be misleading or convey incorrect and incomplete impressions to readers. The story focused on the Kamoa-Kakula copper project in the Democratic Republic of Congo. Ivanhoe Mines and Ivanhoe [...]
Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the spot price of palladium has reached another all-time high of US$1,781 an ounce. Recent increases in the price of palladium, nickel, rhodium and gold has resulted in the weighted price of the 'basket' of metals contained in the ore at the Platreef palladium-platinum-rhodium-nickel-copper-gold project to rise to a new, multi-year [...]
Ivanhoe and Zijin install a stand-alone executive team to take Kamoa-Kakula to commercial production Louis Watum, Ivanhoe's DRC country manager, appointed President of the Board of Directors of Kamoa Copper SA and expands his role Senior Zijin Chief Operating Officer and three Congolese nationals strengthen Kamoa-Kakula's senior management team to help ensure a successful start-up of commercial production at the Kakula [...]
Canada's premier equities marketplace launches new program to showcase top performing companies, TSX to host market open ceremony September 27 Toronto Stock Exchange today announced the inaugural TSX30, a flagship program recognizing the 30 top-performing TSX stocks over a three-year period based on dividend-adjusted share price appreciation. The list of 2019 winners features both newer and established listed companies [...]
Ivanhoe Mines deeply regrets to report that a fatal accident involving a contractor's employee occurred today at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo . The accident involved a civil contractor at a surface cement batching plant. The Kamoa-Kakula senior management team is working with the DRC authorities to facilitate their investigation of the accident. Once the investigation is completed [...]
This news release is issued by Robert M. Friedland pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to class A common shares of Ivanhoe Mines Ltd. . Mr. Friedland has pledged as security 25,000,000 common shares, which constitutes 2.1% of the 1,191,733,687 common shares of Ivanhoe Mines currently issued and outstanding. Mr. Friedland's controlled [...]
Mine surpasses 16 million hours, or more than 7.5 years, worked without a lost-time injury Mine and processing plant construction progressing well - On track for first copper concentrate production in Q3 2021 Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines are pleased to report that underground development at the Kakula Copper Mine now has reached the high-grade ore within the deposit. The [...]
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