Ivanhoe Mines regrets to report that a fatal accident occurred today at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo . The preliminary information indicates that the accident occurred underground at the Kakula north workings when a contractor's employee collided with the side wall of an access drive while attempting to move a drilling rig. The Kamoa-Kakula senior management team is working with the [...]
Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are very pleased to announce the appointment of two distinguished female business leaders - Nunu Ntshingila and Martie Janse van Rensburg - to the Ivanhoe Mines board as independent directors. Ms. Ntshingila is Regional Director, Facebook Africa, and Ms. Janse van Rensburg is a Chartered Accountant who worked for South Africa's Trans Caledon Tunnel Authority [...]
Development of the flagship Kakula Copper Mine continues to exceed expectations; with initial production well on track for third quarter of 2021 Definitive Feasibility Study for the Kakula Mine, and an updated Integrated Development Plan for multiple expansions of the entire Kamoa-Kakula mining licence, nearing completion Mine development work at the Platreef PGMs-gold-nickel-copper mine now focused on preparing Shaft 1 [...]
Definitive Feasibility Study for the Kakula Mine, and an updated Integrated Development Plan for multiple expansions of the entire Kamoa-Kakula mining licence, nearing completion Surface stockpiles now contain an estimated 116,000 tonnes of ore grading 6.08% copper, plus 446,000 tonnes grading 2.73% copper, including satellite stockpiles at Kakula South and Kansoko Kamoa-Kakula moves to level 2 of its COVID-19 safety [...]
Monthly Construction Progress Update on the Kakula Copper Mine to Be Issued on August 6, 2020 Ivanhoe Mines will announce its second quarter financial results on Monday, August 10, 2020, before markets open in North America. The Company also will provide a monthly construction progress update on its flagship Kakula Copper Mine on the Kamoa-Kakula joint-venture project in the Democratic Republic of Congo on August 6, 2020 [...]
Current broad-based increase in metals prices provides an opportune time to consider a number of emerging strategic alternatives Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun confirmed today that the company has had, and is continuing to have, strategic discussions regarding its 100%-owned Western Forelands Project that adjoins its Kamoa-Kakula mining licence also in the Democratic Republic of Congo [...]
Updated Definitive Feasibility Study due this quarter; will include a Preliminary Economic Assessment on phased-development production strategy Strong palladium, platinum, gold and rhodium prices continue to propel Platreef's 'metals-price basket' higher Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's South African subsidiary, Ivanplats, has completed construction of [...]
Monthly development in June well ahead of plan with 1,729 metres achieved Kakula's 2,000-tonne-per-hour ore conveyor system begins operation All major equipment and the majority of structural steel now on site, or en route, for Kakula's first phase 3.8-million-tonne-per-annum processing plant scheduled to begin operations in Q3 2021 Surface stockpiles now contain an estimated 68,000 tonnes of ore grading 5.90% copper and [...]
Mine development work now focused on equipping Shaft 1 as Platreef's initial production shaft Project team achieves South African shaft-sinking industry leader status for safety performance Updated Definitive Feasibility Study expected to be finalized in Q3 2020; will include a scoping study on the phased development production plan Ivanhoe Mines' Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that [...]
Ivanhoe Mines announced today the publication of its third annual Sustainability Report. The report provides an overview of Ivanhoe Mines' sustainability programs and initiatives conducted in 2019, highlights significant accomplishments achieved at its three mine development projects, and outlines new goals for current and future corporate activities. As Ivanhoe Mines rapidly advances towards its goal of producing the [...]
Fifth consecutive monthly development record set in May, with 1,868 metres achieved Fabrication of ball mills and other key equipment for Kakula's first phase, 3.8-million-tonne-per-annum processing plant is nearing completion and shipment to site has begun Approximately 100 truck loads of equipment for Kakula's processing plant en route to site Major development at Kakula currently in mining zones grading more than 8 [...]
Early implementation of extraordinary COVID-19 prevention measures has allowed development of the flagship Kakula Copper Mine in D.R. Congo to continue uninterrupted; initial production on track for third quarter of 2021 Management and corporate optimization targets company-wide cash savings of up to US$75 million to strengthen the current treasury of approximately US$600 million Ivanhoe issues first quarter financial [...]
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