Off-take term sheet for 100% of Kipushi's zinc concentrate, together with US$250 million facility supported by Glencore Kipushi construction advancing ahead of schedule; first concentrate production expected in Q3 2024 Underground development of the Big Zinc orebody also ahead of schedule; mining to commence in January 2024 Plans for dedicated [...]
Ivanhoe Mines will release its first quarter 2023 financial results before market open on Wednesday, May 3, 2023. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call will conclude with a question-and-answer session. Media are invited to [...]
Ivanhoe's sixth annual Sustainability Report underscores its ongoing commitment to 'mining with a greater purpose' and its pursuit to be a global leader of sustainable mining Ivanhoe Mines today published its sixth annual Sustainability Report, summarizing the company's sustainability activities, performance, and results for 2022. Ivanhoe Mines [...]
Kamoa-Kakula produced record 34,915 tonnes of copper in March Kamoa-Kakula reported weekly production record of 9,016 tonnes of copper and daily production record of 1,563 tonnes of copper in March Phase 1 and 2 concentrators reached new daily average milling record of over 29,000 tonnes Kamoa-Kakula achieved record average copper recoveries [...]
Ivanhoe Mines announced today that the company has filed a new National Instrument 43-101 technical report covering the Kamoa-Kakula 2023 Integrated Development Plan for the world-leading Kamoa-Kakula Copper Complex in the Democratic Republic of Congo . The 2023 IDP consists of a Pre-Feasibility Study for the Phase 3 and Phase 4 expansions of the [...]
Kamoa-Kakula Copper Complex sold 323,733 tonnes of payable copper in 2022 and recognized record annual revenue of $2.15 billion and record EBITDA of $1.39 billion Ivanhoe Mines recognized a record profit of $434 million in 2022, driven by record income from the Kamoa-Kakula joint venture of $405 million Kamoa-Kakula's 2022 cost of sales total $1.09 [...]
Ivanhoe Mines will release its 2022 fourth quarter and annual financial results before market open on Monday, March 13, 2023. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call will conclude with a question-and-answer session. Media are [...]
Milling operations increased by 22% to 9.2 million tonnes of ore per annum Copper production capacity increases to 450,000 tonnes per annum Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete, announced today at the 32nd BMO Global Metals & Mining Conference that the debottlenecking of the Kamoa-Kakula Copper Complex's [...]
Ivanhoe Mines announced today that the company is not aware of any company-specific reason that might be contributing to the recent decline in the company's share price. Ivanhoe will release its fourth quarter and full-year 2022 financial results on Monday, March 13, 2023. The company will host a conference call to discuss the results on the same [...]
Independent Mineral Resource estimate for Western Foreland's Makoko and Kiala high-grade copper discoveries targeted in mid-2023, to be followed by Preliminary Economic Assessment Western Foreland's 2023 exploration program budgeted at approximately US$19 million, including up to 70,000 metres of drilling Ivanhoe to release 2022 fourth quarter and [...]
Kamoa-Kakula Phase 3 and future expansion capital costs expected to be funded by operating cash flow, at current copper prices Platreef Phase 1 initial capital currently funded with proceeds from stream facility; $150 million senior debt facility progressing well Kipushi construction activities underway, with pre-payment financing and offtake [...]
Ivanhoe's 26-year odyssey of discovery realizes a globally significant copper complex essential for the energy transition 2023 IDP consists of a pre-feasibility study for the Phase 3 and 4 expansions of Kamoa-Kakula, and a preliminary economic assessment life-of-mine extension case Phase 3 expansion, to be completed in 2024, increases [...]