Redevelopment plan to bring Kipushi’s Big Zinc Zone into production in less than two years, with life-of-mine average annual production rate of 225,000 tonnes of zinc and cash costs of US$0.48/lb of zinc World’s 10 largest zinc mines, showing estimated annual zinc production and zinc head grades . World’s top 20 zinc projects, by contained zinc. Schematic section of Kipushi Mine Planned and existing [...]
Based on current copper resources, the PEA analyzes an initial, two-stage, modular, 12 million-tonne-per-annum operation – supplied by two adjacent six million-tonne-per-annum mines and a direct-to-blister smelter – yielding an after-tax NPV8% of US$7.2 billion and an IRR of 33% over a 44-year mine life Figure by OreWin 2017. Figure by OreWin 2017. Figure by OreWin 2017. Figure by OreWin 2017. Note: Represents [...]
New Kamoa-Kakula preliminary economic assessment of two mines, with projected, combined production of 12 million tonnes per year, nearing completion Preparing for the first blast for the twin declines at the Kakula box cut – November 15, 2017. Abraham Li , Deputy General Manager of Kamoa Copper, and Mark Farren , Ivanhoe’s Executive Vice President, Operations, celebrate the successful first blast on November [...]
Development of twin declines starts at Kakula Discovery to provide access to high-grade copper resources Pre-shift safety meeting with members of the shaft-sinking team Members of Platreef’s shaft-sinking team in Shaft 1 at a depth of 500 metres below surface, more than halfway to the planned final depth of 980 metres Drill-rig crew members during early-works surface construction at Shaft 2, located approximately [...]
Project development work focused on critical path to enable initial production of concentrate by 2022 Platreef’s Shaft 1 sinking headgear and related surface infrastructure. Shaft-sinking crew during development of the 450-metre station. Members of Platreef’s shaft-sinking team in Shaft 1 at a depth of 500 metres. Figure 1: Downhole plot of Shaft 1 [...]
KIPUSHI, Democratic Republic of Congo, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Ivanhoe Mines (TSX:IVN) (OTCQX:IVPAF) Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson announced today that the company has agreed to rebuild 34 kilometres of track to connect the Kipushi Mine with the DRC national railway at Munama, south of the mining capital of Lubumbashi. Maps show Ivanhoe's Kipushi [...]
Ivanhoe Mines’ values of equality, respect and dignity for all people are a fundamental underpinning of the company’s enterprise and the conduct of every aspect of its business. There is zero tolerance for racism. Ivanhoe Mines disagrees with, and deplores, the personally-held views about race that Marc Faber has published in his current investment newsletter. As a result, Ivanhoe Mines requested, and has accepted, Dr [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, today announced highly encouraging results from the ongoing Know for Sure initiative sponsored by Ivanhoe and Zijin Mining to help control malaria in the DRC. The ground-breaking Know for Sure campaign is a collaboration with the DRC Ministry of Health and Fio Corporation, a Toronto-based, global healthcare technology [...]
Ivanhoe Mines announced today that, further to its news release dated July 31, 2017, the company has filed a National Instrument 43-101 (NI 43-101) technical report on the independent definitive feasibility study (DFS) for the Platreef platinum-group metals, nickel, copper and gold project in South Africa. The independent NI 43-101 technical report for the Platreef DFS was prepared for Ivanhoe Mines by principal [...]
Ivanhoe Mines Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson today announced assay results from another 43 holes as part of the ongoing 2017 drilling campaign at the company’s Tier One Kamoa-Kakula Copper Project, near the mining centre of Kolwezi in the DRC. Exploration drilling at Kakula West, located on the western end of the currently defined high-grade, essentially flat-lying [...]
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, announced today that negotiations are underway with government agencies – Gécamines, the state-owned miner and Ivanhoe’s partner at Kipushi, and Société Nationale des Chemins de Fer du Congo, the DRC’s national railway company – and potential project financiers to advance agreements to launch a new era of commercial [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 14, 2017) - Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF) announced today that the company is not aware of any specific reason that might be contributing to the recent decline in the company's share price. Ivanhoe Mines is making excellent progress at its three mine development projects: Kamoa-Kakula, Kipushi and Platreef. While geopolitical tensions have been making news headlines [...]
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