Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that they were very honoured by the warm welcome that they received from President Félix Tshisekedi of the Democratic Republic of Congo during his official state visit to Washington, D.C. last week. Mr. Friedland and Mr. Sun expressed strong support for the president's commitment to attract foreign investment and to accelerate [...]
Ivanhoe Mines announced today that the company has filed an updated National Instrument 43-101 technical report covering the June 2018 Mineral Resource estimate for the Kipushi Project in the Democratic Republic of Congo . The Kipushi Project is a joint venture between Ivanhoe Mines and the DRC state-owned mining company, La Générale des Carrières et des Mines . All figures in the NI 43-101 technical [...]
CITIC Metal and Zijin Mining invested more than C$800 million to advance Ivanhoe's three world-scale mine projects in Southern Africa Fast-tracking of development at the initial Kakula Copper Mine in D.R. Congo among highlights of Ivanhoe's 2018 achievements New, ultra-high-grade copper discovery at Kamoa North highlights potential of making significant new discoveries at the Kamoa-Kakula Project and on Ivanhoe's [...]
Ivanhoe Mines announced today that, further to its news release of February 6, 2019, the company has filed an updated National Instrument 43-101 technical report covering the independent pre-feasibility studies for the development of the Kakula and Kansoko copper mines at the Kamoa-Kakula Project in the Democratic Republic of Congo . The technical report also includes an updated, expanded preliminary economic assessment [...]
Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun, and Ivanplats' Managing Director Dr. Patricia Makhesha, announced today that the weighted price of the 'basket' of metals contained in the ore at the Platreef palladium-platinum-rhodium-nickel-copper-gold project has risen to a new, three-year high. Figure 1. Revenue per tonne of ore at the Platreef Project has risen steadily since 2016 . To view an [...]
The stage one, six million-tonne-per-annum operation at Kakula, with estimated development capital of US$1.1 billion, yields an after-tax NPV8% of US$5.4 billion and an IRR of 47% over a 25-year mine life The Kakula Mine's first stage will average 6.8% copper over the first 5 years, with mine-site cash costs of US$0.43/lb copper Ivanhoe also announces an updated independent preliminary economic assessment for an expanded [...]
Drill hole DD1450 intersection includes grades of up to 40% copper and is within 190 metres of surface DD1450 is the thickest, highest-grade copper intersection drilled to date at Kamoa-Kakula, highlighting the potential for significant additional resource expansion Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that exploration hole DD1450 drilled at the Kamoa North prospect area [...]
Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , today extended their congratulations to Felix Tshisekedi on his inauguration as the new President of the Democratic Republic of Congo. "On behalf of everyone at Ivanhoe Mines, we congratulate Mr. Tshisekedi and we salute the people of the Democratic Republic of the Congo for their insistence on a peaceful and democratic transfer of power," said Mr [...]
Shaft 1's continuing advance has intersected 29 metres of high-grade mineralization from underground mine development, beginning at a depth of 780 metres Platreef's long-term processed wastewater agreement finalized to supply most of the bulk water needed for the first phase of production Platreef is positioned to become a major producer of palladium, which recently became more valuable than gold Platreef's Indicated [...]
Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng “Miles” Sun, and Ivanplats' Managing Director Dr. Patricia Makhesha announced today that excellent mine development progress is being made at the Platreef platinum, palladium, nickel, copper and gold project in South Africa, and the company plans to issue a comprehensive update next week. About Ivanhoe Mines Ivanhoe Mines is a Canadian mining company focused on [...]
New corridor of shallow, high-grade copper mineralization - extending for at least nine kilometres - delineated by ongoing drilling is projected to continue onto adjacent Western Foreland exploration licences 100%-owned by Ivanhoe Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines , announced today that exploration drilling at the Kamoa North prospect area, on the 397-square-kilometre Kamoa-Kakula [...]
Ivanhoe announced the Makoko Discovery on its 100%-owned Western Foreland exploration licences near Kamoa-Kakula - the company's third major copper discovery in the DRC Ivanhoe Mines today announced its financial results for the third quarter ended September 30, 2018. All figures are in U.S. dollars unless otherwise stated. Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in [...]