Base Metals

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

7 Basic Copper Facts for Investors (Updated 2022)

7 Basic Copper Facts for Investors (Updated 2022)

What copper facts are important for investors? The metal’s relationship with human development is longstanding. From its use in plumbing in ancient Egyptian civilizations to being an essential component of power generation, copper has been an “electric” metal for millennia.

Considered a tertiary commodity compared to the shinier appeal of gold and silver, copper is often the third choice for metals-focused investors during economic uncertainty. Today, copper is the third most-used metal in the world and plays a pivotal role in all major economies and in the developing world.

Here are some basic copper facts for investors looking to get into the copper resource space.

Keep reading...Show less
Midnight Sun Mining President, CEO & Lead Director Al Fabbro

Midnight Sun Mining Makes Potential "Game-changer" Copper Discovery at Zambia Property

Midnight Sun Mining makes potential ‘game-changer’ copper discovery at Zambia propertyyoutu.be

Keep reading...Show less

Trilogy Metals Provides an Update on the Ambler Mining District Access Road

Draft Supplemental Environmental Impact Statement Expected in Q2 2023

Trilogy Metals Inc. (TSX: TMQ) (NYSE: TMQ) ("Trilogy" or the "Company") is providing an update on the Ambler Access Project ("AAP") the proposed 211-mile, industrial-use-only road from the Upper Kobuk Mineral Projects ("UKMP") to the Dalton Highway.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less

Teck Reports Elkview Plant Outage

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that there has been a structural failure of the plant feed conveyor belt at its Elkview steelmaking coal operation in the Elk Valley of British Columbia. Initial estimates are that production at Elkview Operations will be interrupted for 1-2 months as repairs are implemented. Elkview will reschedule planned plant maintenance to take advantage of plant downtime and mine operations will focus on pre-stripping during the outage. Assuming a two-month suspension of plant operations, Teck expects the impact on 2022 steelmaking coal production will be in the range of 1.5 million tonnes.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Northern Dynasty: Pebble Tailings Storage Facility Designed to Protect the Fishery

Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company" or "NDM") and the Pebble Partnership ("PLP") highlight several design features that enhance the safety of the tailings storage facility ("TSF") for the Proposed Pebble Project to counter negative generalizations repeatedly put forward by project opponents. All currency references are in U.S. dollars

"The failure of a tailings storage facility around the world is rare. When one does occur, however, failure is often caused by the accumulation of too much water," said Ron Thiessen, President and CEO of Northern Dynasty. "The tailings storage and management plan for Pebble includes an investment of approximately $500 million in modern water treatment facilities to allow the water to be treated and safely released into the environment, meeting all required standards, instead of accumulated. Because of this and other design features, such as constructing the embankments on bedrock and with flatter slopes than is typical in the industry, the Army Corps of Engineers ("USACE") in the 2020 Environmental Impact Statement said that they could not conceive of how a failure could occur. The fact is that Alaska has a very rigorous dam permitting process which will ensure that the facility will be safe before it is built."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
American West Metals

Assay Results Confirm Outstanding Growth Potential Of West Desert

American West Metals Limited (American West Metals or the Company) (ASX: AW1) is pleased to announce significant assay results from exploration drilling at the West Desert Project in Utah (West Desert or the Project).
Keep reading...Show less

Latest Press Releases

Related News

×