Ceremony held in Ulaanbaatar celebrating Mr. Friedland's valuable contributions to Mongolia's mining industry Ivanhoe Mines and Ivanhoe Electric congratulate Founder and Executive Co-Chairman of Ivanhoe Mines, and Founder and Executive Chairman of Ivanhoe Electric, Robert Friedland on receiving Mongolia's Order of the Polar Star. The award celebrates Mr. Friedland's leadership in the discovery and development of the [...]
Opening ceremony also attended by DRC First Lady, Prime Minister and other national and provincial dignitaries The Kamoa Centre of Excellence is an education facility to produce the future leaders of the DRC mining industry Inaugural class of Congolese students enrolled in September Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete are very pleased to announce that His Excellency Félix [...]
Kamoa-Kakula milled 2.24 million tonnes of ore during the quarter at an average grade of 5.55% copper Kamoa-Kakula has produced 301,336 tonnes copper year-to-date, well on track to achieve 2023 guidance Phase 3 concentrator, smelter and hydropower project on schedule for Q4 2024 start Kamoa 1 and Kansoko underground access tunnels successfully connected for Phase 3 mining Ivanhoe Mines to issue Q3 2023 financial results [...]
Ivanhoe Mines regrets to report that a fatal accident has occurred at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo . A fatal accident occurred underground at the Kakula mine when Mr. Mick Ilunga, a contractor drill rig operator, was struck by a fall of ground. A second contractor drill rig operator is receiving medical treatment for non-life-threatening injuries. Kamoa Copper is undertaking a [...]
Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023 MOU is first commercial agreement under new concession for exporting metals from the DRC using the Lobito Atlantic Rail Corridor Distance from Kamoa-Kakula to Lobito Port is just over half that compared with Durban, South Africa Rail corridor passes through Ivanhoe's Western Foreland licences and within five kilometres of [...]
Kamoa-Kakula Copper Complex sold 101,526 tonnes of payable copper in Q2 2023 and recognized record quarterly revenue of $702 million and EBITDA of $457 million Ivanhoe Mines recorded Adjusted EBITDA of $172 million for Q2 2023, compared with $101 million for the same period in 2022 Ivanhoe Mines recorded a quarterly profit of $87 million, driven by income from the Kamoa-Kakula joint venture of $123 million Kamoa-Kakula's [...]
Results indicate a significant improvement in total recoveries can be achieved by liberating copper from tailings stream Based on these results, Kamoa-Kakula can further increase production, revenues and cash flow Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete are pleased to provide an update on preliminary test work conducted to improve copper recovery at the Kamoa-Kakula Copper Complex [...]
Ivanhoe Mines will release its second quarter 2023 financial results before market open on Thursday, August 3, 2023. The company will hold an investor conference call to discuss the Q2 2023 financial results at 10:30 a.m. Eastern Standard Time / 7:30 a.m. Pacific Standard Time / 4:30 p.m. Central European Time on the same day. The conference call will conclude with a question-and-answer session. Media are invited to [...]
Ivanhoe welcomes Weibao "Webber" Hao as Non-Executive Co-Chairman and Director Ivanhoe Mines Founder and Executive Co-Chairman Robert Friedland and President Marna Cloete today announced the retirement of Non-Executive Co-Chairman and Director Yufeng "Miles" Sun. In addition, the company is pleased to announce the appointment of Weibao "Webber" Hao as Ivanhoe Mines' Non-Executive Co-Chairman and Director, effective today [...]
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 [...]
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