Kamoa-Kakula Mining Complex in the Democratic Republic of Congo sold a record 93,812 tonnes of payable copper and recognized revenue of $460 million in Q3 2022 Kamoa-Kakula recorded $940 million in EBITDA for the nine months ended September 30 Kamoa-Kakula's cost of sales total $1.05 per pound of payable copper during the third quarter, with C1 cash costs of $1.43 per pound Over the first nine months of 2022, Kamoa-Kakula [...]
For the second month in a row, Kamoa-Kakula is producing at an annualised rate in excess of 400,000 tonnes of floated and filtered copper De-bottlenecking program is near 70% complete, to further increase annualized production to approximately 450,000 tonnes of copper New daily milling record achieved at Kamoa-Kakula, equivalent to an annual milling rate of 9.3 million tonnes of ore per annum Ivanhoe Mines to issue Q3 [...]
New exploration territory covers the largest known gravity anomaly on the Bushveld, to be known as the 'Mokopane Feeder' Exploration rights are adjacent to the tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold discovery Ivanhoe to commence exploration activities on the highly-prospective area Ivanhoe Mines' Executive Co-Chair Robert Friedland and President Marna Cloete announce today that the company [...]
Kamoa-Kakula Mining Complex milled approximately 2.1 million tonnes of ore during the quarter at an average grade of 5.6% copper Kamoa Copper has produced more than 240,000 tonnes of copper year-to-date Phase 3 expansion progressing well, with box cut for the new Kamoa 1 and 2 mines now complete and decline development underway Ivanhoe Mines to issue Q3 2022 financial results and host conference call for investors on [...]
Updated engagement letters signed with Société Générale and Nedbank for expanded $150 million Platreef senior debt facility Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete announce today that the company's South African subsidiary, Ivanplats, has received the second and final prepayment of the $300 million Platreef streaming agreement. In addition, the company has signed updated engagement [...]
Ivanhoe Mines and Ivanhoe Electric are pleased to announce participation in the Jefferies Green Metals Summit in New York City. Mr. Robert Friedland, Founder and Executive Co-Chairman, Ivanhoe Mines Ltd. and Chairman and Chief Executive Officer of Ivanhoe Electric Inc. will deliver a keynote address on Thursday, September 15th, at 9:40 AM EDT. The Jefferies Green Metals Summit will provide investors with the opportunity [...]
Production from Kipushi's ultra-high-grade Big Zinc deposit targeted for late 2024, marking one hundred years since the mine first opened Ceremony attended by DRC Prime Minister and other DRC national and provincial dignitaries Memorandum of understanding signed with Province of Haut-Katanga to study upgrade of the Kipushi border crossing Ivanhoe Mines President Marna Cloete is pleased to announce that Kipushi Corporation [...]
Ivanhoe Mines regrets to report that a fatal accident has occurred at the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo . The fatal accident occurred at the underground Kansoko Mine in a development area when a fall of ground struck a Kamoa Copper employee. On behalf of the Kamoa Copper Joint Venture, Ivanhoe Mines extends its deepest condolences to the grieving family and friends of the deceased. Kamoa [...]
Ivanhoe appoints Mark Farren as Chief Operating Officer and Steve Amos as Executive Vice President, Projects Kamoa Copper achieves a record 34,408 tonnes of copper floated in August Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete announce today the appointment of Mr. Mark Farren and Mr. Steve Amos to Ivanhoe Mines from the company's Kamoa Copper Joint Venture in the Democratic Republic of the [...]
Ivanhoe Mines reports record profit of $351.5 million for Q2 2022 Kamoa-Kakula Mining Complex in the Democratic Republic of Congo sold record 85,794 tonnes of payable copper and recognized revenue of $494.1 million in Q2 2022 Kamoa Copper's cost of sales total $1.15 per pound of payable copper during the second quarter, with C1 cash costs of $1.42 per pound Over the first half of 2022, Kamoa-Kakula milled approximately [...]
Ivanhoe Mines will report its Q2 2022 financial results before market open on Monday, August 15, 2022. The company will hold an investor conference call to discuss the Q2 2022 financial results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call dial-in is +1-647-484-0258 or toll free 1-800-289-0720, quote "Ivanhoe Mines Q2 2022 Financial Results" if requested. Media are invited to [...]
Kamoa-Kakula produces record 30,379 tonnes of copper in June, Phase 2 achieves steady-state production at the end of May Ivanhoe Mines joins United Nations Global Compact, the largest corporate sustainability initiative in the world Basic engineering complete for Kamoa Copper's Phase 3 direct-to-blister flash smelter; orders for long-lead time equipment underway Ivanhoe Mines to issue Q2 2022 financial results and host [...]
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