Canada's premier equities market to celebrate TSX30 companies today in a virtual market open ceremony Toronto Stock Exchange today announced the 2021 TSX30™, the Exchange's flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the achievements and sustained success of TSX's leading listed companies while [...]
14,815 tonnes of copper produced in August, bringing the year-to-date production to more than 36,700 tonnes Installation of an additional concentrate filter expected by end of October 2021, further boosting copper production Phase 2 concentrator plant construction now 44% complete Mining crews delivered 220,000 tonnes of ore grading a record 6.03% copper from August 1 to 20, including 85,000 tonnes grading 7.55% copper [...]
Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for Phase 3 and future expansions Combined 240 MW output from the Mwadingusha and Inga II hydropower plants also will benefit local communities Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Ivanhoe Mines Energy DRC - a sister [...]
Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Good progress being made on Ivanhoe's Western [...]
Copper production exceeded 500 tonnes per day towards the end of July Phase 1 concentrator copper recoveries averaged approximately 81% during July as commissioning advances Phase 2 concentrator expansion to 7.6 Mtpa more than 35% complete; well on track to begin operations in Q3 2022 Mining crews set a new record for underground development in July, at 3,876 metres, and deliver a record 414,000 tonnes of ore grading [...]
Kamoa Copper draws down US$300 million advance payment facility available under the offtake agreements; all future Phase 1 operating costs and majority of Phase 2 capital expenditures expected to be funded from copper sales and facilities in place Daily shipments of copper concentrate to local smelter to produce 99%-pure blister copper also continuing Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are [...]
First truckloads of copper concentrate delivered to local smelter on June 1; daily concentrate deliveries ongoing, first blister copper ingots received Phase 2 concentrator expansion to 7.6Mtpa on track for Q3 2022; civil works and structural steel construction ahead of schedule Kamoa Copper fully authorized to export blister copper and concentrate to international markets, off-take agreements in place Mining crews [...]
Ivanhoe Mines announced today that the June progress update for the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo is expected to be issued on July 6, 2021, after the major Canadian and US public holidays. About Ivanhoe Mines Ivanhoe Mines is a Canadian mining company focused on advancing its three principal joint-venture projects in Southern Africa: the development of major new, mechanized, underground [...]
Ivanhoe Mines announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual General Meeting held earlier today. The nominees listed in the management proxy circular dated May 3, 2021, 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 989,085,881 96.17 [...]
Kamoa-Kakula fully authorized to commence exports of blister copper and copper concentrate to international markets Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper SA - the operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the Government of the Democratic Republic of Congo - has signed copper concentrate and blister [...]
Ivanhoe Mines announced today the publication of its fourth annual Sustainability Report. The report highlights Ivanhoe Mines' sustainability programs and initiatives in 2020, including significant accomplishments achieved at its three mine development projects, and outlines goals and benchmarks for current and future corporate activities. Ivanhoe Mines recently passed the first milestone on its journey to produce the [...]
Ivanhoe Mines regrets to report that a fatal accident occurred at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo . The accident occurred underground at the Kakula Mine when a contractor's employee was hit in the leg by a loose rock while he was working at one of the mine's working faces, which caused the employee to fall backwards, striking his head on a rock. Despite immediate first-aid assistance by [...]
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