Ivanhoe Mines Invites You on a Virtual Site Tour of the Kamoa-Kakula Mine, Now Approximately 80% Complete and Soon to Join the Ranks of the World's Major Copper Producers

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to invite shareholders, investors and stakeholders to view a new virtual site tour video that was prepared as part of the company's participation in BMO Capital Markets' annual Global Metals & Mining Conference. The video features members of the talented, multinational team that is rapidly constructing the tier-one Kamoa-Kakula Copper Mine in the Democratic Republic of Congo (DRC).

The high-resolution version of the Kamoa-Kakula site tour video is available here: https://bit.ly/3ebuZXC.

"The new video is a showcase of the remarkable progress being made on the first two phases of development at the world-scale Kamoa-Kakula Copper Mine. It also introduces additional members of the team constructing the mines and associated processing facilities, as well as the upgraded hydropower plant and high-voltage power lines now delivering clean and renewable electricity to the Kamoa-Kakula Project," said Robert Friedland, Ivanhoe Mines' Executive Co-Chairman.

"The video also highlights Kamoa-Kakula's industry-leading sustainability and community support initiatives. At Ivanhoe, we have always prioritized responsible development and our goal to be an ESG leader. We're fortunate to be working in the DRC ─ a country with unparalleled copper grades, abundant hydropower potential and a wealth of bright, young, energized women and men who are motivated to learn and participate in the development, and subsequent expansions, of the first world-scale copper mine on the African continent in generations," Mr. Friedland added.

Translation of the video is underway and soon will be available in French and Mandarin.

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 new, mechanized, underground mines at the Kamoa-Kakula discoveries in the DRC and at the Platreef palladium-platinum- rhodium-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 DRC.

Kamoa-Kakula and Kipushi will be powered by clean, renewable hydroelectricity and will be among the world's lowest greenhouse gas emitters per unit of metal produced. Ivanhoe also is exploring for new copper discoveries on its wholly-owned Western Foreland exploration licences in the DRC, near the Kamoa-Kakula Project.

Information contacts

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76223

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Ends of colorful copper wires of varying sizes arranged in a circle.

What is Copper Used For? (Updated 2024)

Copper products are widely used in building construction, electrical grids, electronics, the medical sector and transportation.

Together with gold and silver, copper is a member of the holy trinity of metals. The only base metal in the triad, copper’s numerous useful properties make it the third most-used industrial metal in the world; it has a long history as a critical material for the advancement of human civilization, dating back at least 8,000 years.

Copper's abundant uses make it a valuable indicator for global economic health, and for that reason the red metal has earned itself the moniker “Dr. Copper.”

Keep reading...Show less
Rimfire Pacific Mining Limited

Scandium Exploration Update

Rimfire Pacific Mining (ASX: RIM, “Rimfire” or “the Company”) is pleased to provide an update on scandium exploration activities being carried out at Fifield which is located approximately 70 km NW of Parkes in central NSW (Figures 1 and 2).

Keep reading...Show less
Impact Minerals Managing Director Mike Jones.

Impact Minerals Exec Mike Jones Bares Next Steps After $2.87 Million Funding Boost

Following a recent $2.87 million federal funding award, Australian mineral exploration and development firm Impact Minerals (ASX:IPT) is ramping up efforts to develop a sustainable high-purity alumina (HPA) product over the next three years.

In an interview with Investing News Network, Impact Minerals Managing Director Mike Jones outlined the company’s plans for mining and processing HPA at its Lake Hope project in Western Australia.

“The grant is about 45 percent of a larger project looking at sustainable development of HPA, from the start of the mining through the processing and then through to creating the end-user products,” he said.

Keep reading...Show less
Redstone Resources

Redstone Resources


Keep reading...Show less
Copper ore.

Copper Price Update: Q3 2024 in Review

Copper set record high prices during the first half of 2024, reaching US$5.11 per pound on May 21. Although the price pulled back during the third quarter, it has largely remained elevated compared to the past two years.

Prices since the start of the year have been affected by several factors, including increased demand from sectors tied to the energy transition and the push to reduce carbon footprints. Rising demand comes while the Chinese real estate sector – traditionally a top global consumer of refined copper – remains stalled.

Despite increasing demand, copper has remained in a surplus position with the International Copper Study Group (ICSG), an autonomous United Nations inter-governmental body, estimating a balance of 535,000 metric tons (MT) through the first eight months of the year.

Keep reading...Show less

Lundin Mining Third Quarter 2024 Results

Lundin Mining Logo (CNW Group/Lundin Mining Corporation)

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its third quarter 2024 financial results. Unless otherwise stated, results are presented in United States dollars on a 100% basis.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×