Kamoa-Kakula achieves 11% quarter-on-quarter increase in copper production Kamoa-Kakula milled a record 2.2 million tonnes of ore during the quarter at an average grade of 5.2% copper Kamoa-Kakula sets a new weekly production record of 9,710 tonnes of copper New daily average milling record of approximately 30,000 tonnes achieved in July Ball mill installation at Phase 3 concentrator has commenced; construction well on [...]
Ivanhoe Mines is pleased to report that the company's President Marna Cloete has been featured in the newly-released "Changing the face of mining" report from global law firm White & Case LLP, headquartered in New York City, USA, and ARCH Emerging Markets Partners of London, United Kingdom. The mining industry is going through a period of deep transition as it attempts to carve out a sustainable future, and finds itself [...]
Ivanhoe Mines announces results of voting for the election of directors Ivanhoe Mines announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual General and Special Meeting held earlier today. Ivanhoe Mines Co-Chairman Robert Friedland and President Marna Cloete also are very pleased to announce the appointment of two distinguished female African leaders - Dr [...]
Ivanhoe Mines to join BHP as an investor in I-Pulse, a global leader in pulsed-power technology Ivanhoe Mines intends to enter into collaboration agreement with I-ROX, an I-Pulse subsidiary, to investigate and develop applications for pulsed-power technology in the mining sector Kamoa-Kakula Copper Complex to commence test program with I-ROX, targeting improved copper recoveries Ivanhoe Mines Executive Co-Chair Robert [...]
Monthly copper production equivalent to annual production of approximately 430,000 tonnes New daily ore milling record achieved at Kamoa-Kakula, equivalent to an annual rate of approximately 9.8 million tonnes Phase 1 and 2 concentrators continue to operate at above-design copper recoveries Phase 3 expansion and smelter advancing on schedule for first production in Q4 2024 Ivanhoe Mines Co-Chairs Robert Friedland and [...]
Ivanhoe Mines to release Kamoa-Kakula production results for month of May on Monday, June 5 Ivanhoe Mines announced today that it is not aware of any company-specific reason that might be contributing to the recent decline in the company's share price, other than general market volatility. Ivanhoe will release production results for the month of May from the Kamoa-Kakula Copper Complex on Monday, June 5, 2023. About [...]
United States announces support for development of Lobito Atlantic Railway Corridor at the 2023 G7 Summit U.S. International Development Finance Corporation evaluating $250 million in financing for 'key economic' rail corridor connecting the Angolan port of Lobito to the DRC Copperbelt Rail corridor passes through Western Foreland licences and within five kilometres of Kamoa-Kakula Copper Complex Distance from [...]
Kamoa-Kakula sold 86,777 tonnes of payable copper during the quarter and recognized record revenue of $689 million, as well as record EBITDA of $452 million Ivanhoe Mines recorded Q1 2023 profit of $82 million, net of $31 million non-cash loss on the convertible bond fair valuation Kamoa-Kakula produced 93,603 tonnes of copper in Q1 2023, including a record 34,915 tonnes of copper in March, following debottlenecking [...]
Off-take term sheet for 100% of Kipushi's zinc concentrate, together with US$250 million facility supported by Glencore Kipushi construction advancing ahead of schedule; first concentrate production expected in Q3 2024 Underground development of the Big Zinc orebody also ahead of schedule; mining to commence in January 2024 Plans for dedicated Kipushi commercial border-crossing advancing to unlock value for the DRC [...]
Ivanhoe Mines will release its first quarter 2023 financial results before market open on Wednesday, May 3, 2023. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call will conclude with a question-and-answer session. Media are invited to attend on a listen-only basis. To view the webcast please use the link [...]
Ivanhoe's sixth annual Sustainability Report underscores its ongoing commitment to 'mining with a greater purpose' and its pursuit to be a global leader of sustainable mining Ivanhoe Mines today published its sixth annual Sustainability Report, summarizing the company's sustainability activities, performance, and results for 2022. Ivanhoe Mines' sustainability strategy is shaped by our ethos of "mining with a greater [...]
Kamoa-Kakula produced record 34,915 tonnes of copper in March Kamoa-Kakula reported weekly production record of 9,016 tonnes of copper and daily production record of 1,563 tonnes of copper in March Phase 1 and 2 concentrators reached new daily average milling record of over 29,000 tonnes Kamoa-Kakula achieved record average copper recoveries exceeding 88% in March Kamoa-Kakula milled approximately 1.93 million tonnes of [...]
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