Ivanhoe Mines to Issue 2021 Production Numbers and 2022 Production and Cost Guidance for Kamoa-Kakula Copper Complex on January 10

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that the company plans to issue the 2021 year-end production results, as well as production and cost guidance for 2022, for the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) on Monday January 10, 2022.

The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%). A 2020 independent audit of Kamoa-Kakula's greenhouse gas intensity metrics performed by Hatch Ltd. of Mississauga, Canada, confirmed that the project will be among the world's lowest greenhouse gas emitters per unit of copper produced.

About Ivanhoe Mines

Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of major new, mechanized, underground mines at the Kamoa-Kakula copper discoveries in the Democratic Republic of Congo and at the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo.

Kamoa-Kakula began producing copper concentrates in May 2021 and, through phased expansions, is positioned to become one of the world's largest copper producers. Kamoa-Kakula is being powered by clean, renewable hydro-generated electricity and is projected to be among the world's lowest greenhouse gas emitters per unit of metal produced. Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine. Ivanhoe also is exploring for new copper discoveries on its Western Foreland exploration licences in the Democratic Republic of Congo, near the Kamoa-Kakula Project.

Information contacts

Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604.558.1034

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109009

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First Quarter 2024 Results Conference Call and Webcast

Date:	Tuesday, May 14, 2024
Time:	11:00 a.m. ET
Webcast:	www.hudbay.com
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	Number of Common Shares Voted		Percentage of Votes Cast
Director Nominee	For	Withheld	For		Withheld
Christopher Noel Dunn	80,016,330	1,122,635		98.62%	1.38%
David Strang	81,120,943	18,022		99.98%	0.02%
Jill Angevine	80,792,549	346,416		99.57%	0.43%
Lyle Braaten	80,945,359	193,606		99.76%	0.24%
Steven Busby	80,549,424	589,541		99.27%	0.73%
Dr. Sally Eyre	80,806,488	332,477		99.59%	0.41%
Robert Getz	80,578,444	560,521		99.31%	0.69%
Chantal Gosselin	81,055,224	83,741		99.90%	0.10%
Faheem Tejani	81,121,846	17,119		99.98%	0.02%
John Wright	81,022,538	116,427		99.86%	0.14%

Ivanhoe Mines to Issue 2021 Production Numbers and 2022 Production and Cost Guidance for Kamoa-Kakula Copper Complex on January 10

Rippling effects from Cobre Panama closure

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