Ivanhoe Mines Files a New NI 43-101 Technical Report for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has filed a new National Instrument 43-101 (NI 43-101) technical report covering the Kamoa-Kakula 2023 Integrated Development Plan (2023 IDP) for the world-leading Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC).

The 2023 IDP consists of a Pre-Feasibility Study (Kamoa-Kakula 2023 PFS) for the Phase 3 and Phase 4 expansions of the Kamoa-Kakula Copper Complex over a 33-year mine life, as well as an updated Preliminary Economic Assessment (Kamoa-Kakula 2023 PEA) that includes a life-of-mine extension case to 42 years overall. The Kamoa-Kakula 2023 PFS evaluates a staged increase in production capacity at Kamoa-Kakula from the current nominal throughput rate of 7.6 million tonnes per annum (Mtpa) up to a total of 19.2 Mtpa by 2030.

The Kamoa-Kakula 2023 IDP Technical Report was independently prepared by OreWin Pty Ltd. of Adelaide, Australia; China Nerin Engineering Co. Ltd. of Jiangxi, China; DRA Global of Johannesburg, South Africa; Epoch Resources of Johannesburg, South Africa; Golder Associates Africa of Midrand, South Africa; Outotec Oyj of Helsinki, Finland; Paterson and Cooke of Cape Town, South Africa; SRK Consulting Ltd. of Cape Town, South Africa; and, The MSA Group of Johannesburg, South Africa.

The independent Qualified Persons responsible for preparing the Kamoa-Kakula 2023 PFS, and Kamoa-Kakula 2023 PEA, on which the technical report was based, are Bernard Peters (OreWin); Jeremy Witley (MSA Group); Curtis Smith (OreWin); William Joughin (SRK); Marius Phillips (DRA Global); Alwyn Scholtz (DRA Global), and Andreas Savvas (Epoch).

The Kamoa-Kakula Copper Complex is operated as the Kamoa Holding joint venture between Ivanhoe Mines and Zijin Mining, and is approximately 25 kilometres southwest of the town of Kolwezi and about 270 kilometres west of Lubumbashi in the DRC. Ivanhoe and Zijin Mining each hold an indirect 39.6% interest in Kamoa-Kakula, Crystal River holds an indirect 0.8% interest, and the DRC government holds a direct 20% interest.

The technical report titled "Kamoa-Kakula Integrated Development Plan 2023" has been filed on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website at www.ivanhoemines.com.

Information contacts

Vancouver: Matthew Keevil +1.604.558.1034

London: Tommy Horton +44 7866 913 207

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/158698

News Provided by Newsfile via QuoteMedia

IVN:CA,IVPAF
The Conversation (0)
Closeup of stacked copper bars with reflective surface.

Copper Price Forecast: Top Trends for Copper in 2026

Copper prices were volatile in 2025 due to supply constraints, high demand and geopolitical concerns.Experts are calling for many of these trends to carry over into 2026, sending the market into deficit. Beyond supply and demand fundamentals, copper will also be met with global uncertainty as... Keep Reading...
Aterian Plc

Transformational AI-Led JV with Lithosquare SAS

€1.4 million exploration acceleration programme for Aterian's Moroccan and Botswana copper and critical mineral targets

Aterian plc (LSE: ATN), the critical mineral exploration and development company focused on Africa, is pleased to announce the signing of a binding Heads of Terms ("HoT") for a strategic, AI-powered earn-in joint venture ("JV") with Lithosquare SAS ("Lithosquare"), a Paris-based next-generation... Keep Reading...
Aerial view of copper mine in Cobar, New South Wales.

Surge in Copper Demand Re-energises Cobar Basin’s Underexplored Resource Potential

The Cobar Basin in Central New South Wales, Australia, may be emerging as a key focus for investors positioning for the next wave of copper supply. With a looming global shortage of the red metal and long-term demand being driven by electrification and decarbonisation, savvy investors are... Keep Reading...
Copper bobbins.

Copper Price 2025 Year-End Review

Copper prices were volatile in 2025, with high levels of uncertainty influencing the market. Changing US trade policy, as well as traditional supply and demand fundamentals, worked together to move the metal. Increasing demand and a lack of new supply have long been key drivers for copper, and... Keep Reading...
Many copper bobbins and warehouse copper pipes.

Top 10 Copper-producing Companies

Copper miners with productive assets have much to gain as supply and demand tighten. The price of copper reached new all-time highs in 2025 on both the COMEX in the United States and the London Metals Exchange in the United Kingdom. On the COMEX, the copper price peaked at US$5.94 per pound... Keep Reading...
File tab labeled "rejected" among other folders.

SolGold Rejects Latest Jiangxi Copper Proposal

SolGold (LSE:SOLG,OTC Pink:SLGGF) confirmed that it received and has once again rejected a preliminary, conditional, non-binding proposal from Jiangxi Copper (HKEX:0358,SHA:600362,OTC Pink:JIAXF). Pitched at 26 pence (US$0.34) per ordinary share, the offer to acquire the entire issued and... Keep Reading...

Latest Press Releases

Related News