Offtake arrangements announced for 100% of Platreef's first phase production Platreef scheduled to commence production in 2024 Definitive feasibility study for Platreef's phased development plan expected to be issued in Q1 2022 Emissions-free, battery-electric equipment purchased for underground mine development Platreef signs three-year collective agreement with workforce Ivanhoe Mines Executive Co-Chair Robert Friedland [...]
Ivanhoe Mines President Marna Cloete, on behalf of all the women and men of the company, today congratulated Founder and Executive Co-Chairman, Robert Friedland, on his induction into the American Mining Hall of Fame for accomplishments during his distinguished career in the international mining industry. Mr. Friedland's formal induction ceremony was held in Tucson on December 4th, and attended by approximately 500 [...]
Ivanhoe Mines reports that the new COVID-19 variant, Omicron, has had no impact on any of its mining or mine development operations in South Africa or the Democratic Republic of Congo . No cases of the new variant have been detected at the company's Kamoa-Kakula and Kipushi projects in the DRC and, while there have been some recent infections among employees and contractors working at the company's Platreef Project in [...]
500-ktpa smelter to be the largest copper smelter in Africa, and one of the world's largest single-line smelters Metso Outotec's state-of-the-art, environmentally-friendly smelter technology aligned with Kamoa-Kakula's goal of producing the world's 'greenest copper' Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper has awarded China Nerin Engineering Co., Ltd. of [...]
Ivanhoe Mines records a profit of $85.4 million in Q3 Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021 More than 77,500 tonnes of copper produced year-to-date; copper production guidance for 2021 raised to 92,500 to 100,000 tonnes Kamoa-Kakula sold 41,490 tonnes of payable copper and recognized revenue of $342.6 million in Q3, with an inaugural operating profit of $209.7 million and EBITDA [...]
Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021. Mr. van Heerden's appointment allows Marna Cloete to focus solely on her role as Ivanhoe's President. Ms. Cloete has held the dual roles of President and CFO since her appointment as President in March 2020. David [...]
Ivanhoe Mines reminds investors that it will report its Q3 2021 financial results before market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the results at 10:30AM Eastern Time the same day. Conference call and webcast details Link to join the live audio webcast: http://services.choruscall.ca/links/ivanhoemines20211115.html Phone numbers to join the live conference call [...]
Phase 1 concentrator plant now operating at steady-state design; optimization work underway to further enhance operating performance 2021 production guidance range for copper in concentrate raised to 90,000 to 95,000 tonnes Phase 2 concentrator approximately 60% complete, with construction team achieving 4 million hours worked without a lost-time injury Planning underway for a new box cut and decline to access mining [...]
Ivanhoe Mines will report its Q3 2021 financial results before market open on Monday, November 15, 2021. Management will host a conference call and webcast to discuss the results at 10:30AM Eastern Time the same day. Conference call and webcast details Link to join the live audio webcast: http://services.choruscall.ca/links/ivanhoemines20211115.html. Phone numbers to join the live conference call: Canada/USA toll-free [...]
New Phase 1 daily production record of 721 tonnes of copper achieved Kamoa-Kakula's second filter press begins operations, allowing for increased copper concentrate production Phase 1 concentrator ore throughput exceeding the 3.8 Mtpa design by more than 10% Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that construction of Kamoa-Kakula's Phase 2 concentrator plant, which is designed to double [...]
Ivanhoe Mines is aware of a Bloomberg article with respect to its Western Foreland copper exploration project, which is adjacent to, and along trend of, the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Ivanhoe does not comment on market rumors or speculation, nor discuss specific negotiations. Ivanhoe can, however, confirm that at this time there are no undisclosed material facts or events regarding the [...]
A record 16,010 tonnes of copper produced in the month ended September 20 More than 46,750 tonnes of copper produced year-to-date to September 20 2021 production guidance range for copper in concentrate raised to 85,000 to 95,000 tonnes Floated concentrate grade improved to 55.7% copper; average plant flotation recovery increased to 85.1%; both nearing nameplate design Phase 2 concentrator construction now more than 50 [...]
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