Kamoa-Kakula Monthly Progress Update Expected on July 6

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 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 and Kipushi will be powered by clean, renewable hydro-generated electricity and will 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 when large-scale electric, hydrogen and hybrid underground mining equipment become commercially available. Ivanhoe also is exploring for new copper discoveries on its wholly-owned 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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89128

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Ivanhoe Mines

Ivanhoe Mines

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.

Ivanhoe Mines Ltd is a mineral exploration and development company. The company, together with its subsidiaries, explores, develops, and recovers minerals and precious gems from its property interests located in Africa. The group explores platinum, nickel, copper, gold, silver, cobalt, iron, vanadium, and chrome. It operates in four segments: Platreef property, Kamoa Holding joint venture,... Keep Reading...
Five bronze cylinders of varying heights stand on a reflective surface against an orange background.

Lundin Cuts Copper Target After Another Storm Hits Chile

Lundin Mining (TSX:LUN,OTCPL:LUNMF) lowered its full-year copper production guidance after a second winter storm in Chile's Atacama region damaged infrastructure and disrupted operations at the Caserones mine.Severe weather re-damaged a transmission tower serving Caserones that repair crews had... Keep Reading...
Advanced quantum computer hardware with complex copper wiring and futuristic design.

Wired in Metal: AI and the Changing Copper Cycle

The world is witnessing the start of a new copper supercycle.Copper supply and demand have long been dependent on electricity and industrial sectors, with the previous mining cycle cemented by infrastructure projects, manufacturing expansion and rapid city growth. The growing focus on generative... Keep Reading...
Person holds piece of copper metal ore above a blurry copper-colored background.

Antofagasta Cuts Guidance Amid Global Copper Squeeze

Antofagasta (LSE:ANTO,OTCPL:ANFGF) has slashed its annual copper guidance following historic winter storms at its flagship mine in Chile, compounding a global supply squeeze that has pushed prices to record highs.The company lowered its 2026 copper output forecast to between 625,000 and 655,000... Keep Reading...
"Glencore" logo on phone screen.

Korea's Export-Import Bank Lends Glencore US$1 Billion for Copper Supply

The Export-Import Bank of Korea will extend US$1 billion in financing to Glencore (LSE:GLEN,OTCPL:GLCNF) in exchange for guaranteed supply of copper for South Korean industrial companies, Bloomberg reported.The state-run lender notes that Glencore’s mining operations in Chile and Peru offer... Keep Reading...
Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters  in DDH WD-26-09

Nine Mile Metals Announces Certified Assays of 3.49% Cu-Eq over 24.55 meters in DDH WD-26-09

Including 4.03% Cu-Eq over 16.50m and 5.22% Cu-Eq over 6.50m Nine Mile Metals Ltd. (CSE: NINE,OTC:VMSXF) (OTCID: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce certified assay results for DDH WD-26-09, at the Wedge Mine in the Bathurst Mining Camp, New Brunswick. 3.49%... Keep Reading...
Brightly lit server room with rows of metal racks on shiny floors and colorful cables overhead.

Copper in Power: How AI-Driven Data Centers Affect Copper Demand

Data centers are electricity-dependent, and electricity requires copper.Copper is known as the second best conductor of electricity among all metals, second to silver. It holds about 95 percent of silver’s conductivity, yet remains the popular option for electrical wiring given its proven... Keep Reading...

Interactive Chart

Latest Press Releases

Related News