Ivanhoe Mines Responds to Western Foreland Media Report
Toronto, Ontario--(Newsfile Corp. - October 5, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is aware of a Bloomberg article with respect to its Western Foreland copper exploration project, which is adjacent to, and along trend of, the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Ivanhoe does not comment on market rumors or speculation, nor discuss specific negotiations. Ivanhoe can, however, confirm that at this time there are no undisclosed material facts or events...
2021-10-05 8:05 AM EDT
Kamoa-Kakula Phase 1 Concentrator Mills Approximately 320,000 Tonnes of Ore Grading 6.0% Copper in September, Exceeding Steady-State Design Throughput
A record 16,010 tonnes of copper produced in the month ended September 20 More than 46,750 tonnes of copper produced year-to-date to September 20 2021 production guidance range for copper in concentrate raised to 85,000 to 95,000 tonnes Floated concentrate grade improved to 55.7% copper; average plant flotation recovery increased to 85.1%; both nearing nameplate design Phase 2 concentrator construction now more than 50% complete Mining crews delivered 384,000 tonnes of ore grading 5.58%...
2021-09-30 8:43 AM EDT
Kamoa-Kakula Phase 1 Concentrator Plant Approaching Steady-State-Design Performance
14,815 tonnes of copper produced in August, bringing the year-to-date production to more than 36,700 tonnes Installation of an additional concentrate filter expected by end of October 2021, further boosting copper production Phase 2 concentrator plant construction now 44% complete Mining crews delivered 220,000 tonnes of ore grading a record 6.03% copper from August 1 to 20, including 85,000 tonnes grading 7.55% copper from the centre of the Kakula Mine Surface ore stockpiles continue to...
2021-09-07 7:15 AM EDT
Kamoa Copper Extends Existing Financing Agreement with DRC's State-Owned Power Company to Facilitate the Upgrade of Turbine 5 at the Inga II Hydropower Complex
Kinshasa, Democratic Republic of Congo--(Newsfile Corp. - August 16, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Ivanhoe Mines Energy DRC - a sister company of Kamoa Copper SA tasked with delivering reliable, clean, renewable hydropower to the Kamoa-Kakula Copper Mine - has extended its existing financing agreement under a public-p
2021-08-16 7:30 AM EDT
Ivanhoe Mines Issues Q2 Financial Results and Review of Operations, Mine Construction and Exploration Progress
Kamoa-Kakula Copper Mine achieved Phase 1 commercial production on July 1, 2021; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Good progress being made on Ivanhoe's Western Foreland exploration program, searching for DRC's next tier-one copper...
2021-08-11 4:15 AM EDT
Kamoa-Kakula Phase 1 Concentrator Plant Achieved Commercial Production On July 1, 2021
Copper production exceeded 500 tonnes per day towards the end of July Phase 1 concentrator copper recoveries averaged approximately 81% during July as commissioning advances Phase 2 concentrator expansion to 7.6 Mtpa more than 35% complete; well on track to begin operations in Q3 2022 Mining crews set a new record for underground development in July, at 3,876 metres, and deliver a record 414,000 tonnes of ore grading 5.16% copper, including 85,000 tonnes grading 7.70% copper from the centre...
2021-08-03 8:07 AM EDT
Kamoa-Kakula Begins Exporting Copper Concentrate Internationally as Production Ramps Up
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - July 19, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper SA - the operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the Government of the Democratic
2021-07-19 7:15 AM EDT
Kamoa-Kakula Phase 1 Concentrator Plant Fully Operational; Hot Commissioning Activities Well-advanced, Final Performance Testing to Start Shortly
First truckloads of copper concentrate delivered to local smelter on June 1; daily concentrate deliveries ongoing, first blister copper ingots received Phase 2 concentrator expansion to 7.6Mtpa on track for Q3 2022; civil works and structural steel construction ahead of schedule Kamoa Copper fully authorized to export blister copper and concentrate to international markets, off-take agreements in place Mining crews deliver 338,000 tonnes of ore grading 4.59% copper in June, including 66,200...
2021-07-06 7:30 AM EDT
Kamoa-Kakula Monthly Progress Update Expected on July 6
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 30, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the June progress update for the Kamoa-Kakula Copper Mine in the Democratic Republic of Congo (DRC) is expected to be issued on July 6, 2021, after the major Canadian and US public holidays. About Ivanhoe Mines Ivanhoe Mines is a Canadian mining company focused on advancing its three principal joint-venture projects in Southern Africa: the development of major...
2021-06-30 10:11 AM EDT
Ivanhoe Mines Announces Results of Voting for the Election of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced the results of voting by shareholders for the election of the Board of Directors during the company's Annual General Meeting held earlier today. The nominees listed in the management proxy circular dated May 3, 2021, were elected as directors, as shown in the following table of results. Director nomineeOutcome
2021-06-29 3:33 PM EDT
Kamoa-Kakula's Off-Take Agreements Signed for Phase 1 Blister Copper and Copper Concentrate
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 9, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper SA - the operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the Government of the Democratic Republic of Congo (DRC) - has signed copper concentrate and blister copper off-take agreements on competitive arm's-length commercial terms, for 100%...
2021-06-09 7:55 AM EDT
Ivanhoe Mines Issues Fourth Annual Sustainability Report Showcasing the Company's Achievements Toward Becoming a Global ESG Leader in Mining
Vancouver, British Columbia--(Newsfile Corp. - June 8, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today the publication of its fourth annual Sustainability Report. The report highlights Ivanhoe Mines' sustainability programs and initiatives in 2020, including significant accomplishments achieved at its three mine development projects, and outlines goals and benchmarks for current and future corporate activities. Ivanhoe Mines recently passed the first milestone on its journey...
2021-06-08 7:13 AM EDT
Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Copper Project
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 4, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) regrets to report that a fatal accident occurred at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC). The accident occurred underground at the Kakula Mine when a contractor's employee was hit in the leg by a loose rock while he was working at one of the mine's working faces, which caused the employee to fall backwards, striking his head on a rock. Despite...
2021-06-04 7:24 AM EDT
Kamoa-Kakula Phase 1 Concentrator Plant Produced First Copper Concentrate on May 25; Ramp Up Toward Nameplate Capacity of 3.8 Million Tonnes of Ore per Year Progressing Smoothly
First copper concentrates shipped to nearby Lualaba Copper Smelter Mining crews deliver 406,000 tonnes of ore grading 5.77% copper in May, including 103,000 tonnes grading 8.58% copper from the centre of the Kakula Mine 71,000 tonnes of ore grading 4.07% copper delivered directly from Kakula Mine to the concentrator plant to be used during plant ramp up Surface ore stockpiles now hold 3.3 million tonnes grading 4.87% copper, containing more than 160,000 tonnes of copper Engineering and...
2021-06-02 6:33 AM EDT
Kamoa-Kakula Monthly Progress Update Expected on June 2
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 1, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the May progress update for the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) is expected to be issued on June 2, 2021. The Kamoa-Kakula Phase 1 concentrator plant produced its first copper concentrate on May 25th and the plant is in the process of hot commissioning and ramp up. About Ivanhoe Mines Ivanhoe Mines is a Canadian mining...
2021-06-01 11:04 AM EDT
Ivanhoe Mines Responds to Media Reports Regarding Copper Concentrate Exports from the Democratic Republic of Congo
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - May 28, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is responding today to a media report stating that miners in the Democratic Republic of Congo (DRC) received an order on May 26, 2021 that has banned the export of copper and cobalt concentrate from the country. Ivanhoe Mines confirms that it is aware of the order issued to customs officials by the provincial director of Customs and Excise in the Katanga Province of DRC. Ivanhoe...
2021-05-28 8:37 AM EDT
Ivanhoe Mines Begins New Era of Commercial Copper Production
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - May 26, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce the start of copper concentrate production at the Phase 1, 3.8 million-tonne-per-annum (Mtpa) Kamoa-Kakula Mine, on May 25th, several months ahead of schedule.
2021-05-26 5:57 AM EDT
Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities
Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe's Western Foreland licences, searching for DRC's next tier-one copper discovery...
2021-05-13 7:45 AM EDT
Ivanhoe Mines Announces Inclusion in the MSCI Canada Index
Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President and CFO Marna Cloete is pleased to announce the company has been informed that effective following the close of May 27, 2021, the Class A common shares of Ivanhoe Mines will be added to the MSCI Canada Index. The MSCI Canada Index is designed to measure the performance of the large and mid cap segments of the Canadian market. Currently with 89 constituents, the index covers approximately 85%...
2021-05-12 2:12 AM EDT
Ivanhoe Mines Pledges Net-zero Greenhouse Gas Emissions at the Kamoa-Kakula Copper Mine
London, England--(Newsfile Corp. - May 5, 2021) - Robert Friedland, Ivanhoe Mines’ Executive Co-Chair, announced today that Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the industry-leading Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Mr. Friedland made the announcement in advance of his participation in a virtual fireside discussion at the 2021 Goldman Sachs Copper Day later today. In support of the Paris Agreement on...
2021-05-05 9:24 AM EDT