Ivanhoe Mines Begins New Era of Commercial Copper Production
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - May 26, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce the start of copper concentrate production at the Phase 1, 3.8 million-tonne-per-annum (Mtpa) Kamoa-Kakula Mine, on May 25th, several months ahead of schedule.
2021-05-26 5:57 AM EDT
Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities
Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine Expanded 2021 exploration program underway on Ivanhoe's Western Foreland licences, searching for DRC's next tier-one copper discovery...
2021-05-13 7:45 AM EDT
Ivanhoe Mines Announces Inclusion in the MSCI Canada Index
Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President and CFO Marna Cloete is pleased to announce the company has been informed that effective following the close of May 27, 2021, the Class A common shares of Ivanhoe Mines will be added to the MSCI Canada Index. The MSCI Canada Index is designed to measure the performance of the large and mid cap segments of the Canadian market. Currently with 89 constituents, the index covers approximately 85%...
2021-05-12 2:12 AM EDT
Ivanhoe Mines Pledges Net-zero Greenhouse Gas Emissions at the Kamoa-Kakula Copper Mine
London, England--(Newsfile Corp. - May 5, 2021) - Robert Friedland, Ivanhoe Mines’ Executive Co-Chair, announced today that Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the industry-leading Kamoa-Kakula Copper Mine in the Democratic Republic of Congo. Mr. Friedland made the announcement in advance of his participation in a virtual fireside discussion at the 2021 Goldman Sachs Copper Day later today. In support of the Paris Agreement on...
2021-05-05 9:24 AM EDT
Kamoa-Kakula to Begin Copper Production Within a Month
Mining crews deliver a record 409,000 tonnes of ore grading 5.71% copper in April, including 121,000 tonnes grading 8.40% copper from the centre of the Kakula Mine Pre-production ore stockpiles now hold three million tonnes grading 4.74% copper, containing more than 140,000 tonnes of copper Kamoa-Kakula's first phase, 3.8-Mtpa concentrator 98% complete, with advanced-stage commissioning underway Phase 2 expansion to 7.6 Mtpa progressing well toward a Q3 2022 start-up; study work underway for...
2021-05-03 7:00 AM EDT
Ivanhoe Mines Celebrates South Africa's Freedom Day 2021, Marking the Country's 27th Anniversary of Freedom and Democracy
Mokopane, South Africa--(Newsfile Corp. - April 27, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun congratulate the people of South Africa for achieving 27 years of peace, freedom and democracy. It was on this day in 1994 that South Africa held its first multiracial general election, marking the end to apartheid. "Today, on Freedom Day, we celebrate with the great people of South Africa on their extraordinary journey of freedom,...
2021-04-27 12:01 AM EDT
Kamoa-Kakula Joint-Venture Signs Agreement with the DRC's State-Owned Power Company to Upgrade Turbine 5 at the Inga II Hydropower Complex
Turbine 5 to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and associated smelter with sustainable electricity for future expansions Democratic Republic of Congo's President Félix Tshisekedi expresses support for the Turbine 5 upgrade at Inga II Voith Hydro of Germany to be appointed as lead contractor for the Turbine 5 project Upgrading of the Mwadingusha hydropower plant is nearing completion to generate 78 MW of hydropower for the first two phases of...
2021-04-26 7:15 AM EDT
Kamoa Copper Appoints Ben Munanga as Chairman of the Board Ahead of First Production at the Tier-One Kamoa-Kakula Copper Mine in The DRC
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 8, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa Copper SA has appointed Ben Munanga as Chairman of its Board of Directors. Kamoa Copper is the Democratic Republic of Congo (DRC) operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and
2021-04-08 7:00 AM EDT
Kamoa-Kakula Shatters Previous Production Records, Mining 400,000 tonnes of ore Grading 5.36% Copper in March, Including 100,000 tonnes Grading 8.70% Copper from the Centre of the Kakula Mine
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 6, 2021) - Ivanhoe Mines (TSX: IVN;
2021-04-06 7:08 AM EDT
Kamoa-Kakula Mines and Stockpiles a Record Number of Tonnes of Copper Ore in March
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 1, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) has mined and stockpiled a record number of tonnes of copper ore during the month of March. The project also set a new monthly development record, with an advancement of more than 3,000 metres. Final tonnage calculations and...
2021-04-01 7:30 AM EDT
Ivanhoe Mines Announces Opportunities to Accelerate Future Expansions at the Tier-One Kamoa-Kakula Copper Mine
Toronto, Ontario--(Newsfile Corp. - March 29, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce a number of opportunities to accelerate planned expansions at the company's world-scale portfolio of mining and exploration assets, th
2021-03-29 7:15 AM EDT
Ivanhoe Mines Announces Closing of US$575,000,000 Convertible Senior Notes Offering
Toronto, Ontario--(Newsfile Corp. - March 17, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced the closing of its previously announced private placement offering of US$575,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 (the "Notes" and the "Offering"), which includes the exercise in full of the initial purchasers' option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes. Executive Co-Chairman of the...
2021-03-17 11:28 AM EDT
Ivanhoe Mines Announces Exercise in Full of Over-Allotment Option Increasing the Size of the Offering of Convertible Senior Notes to US$575,000,000
Toronto, Ontario--(Newsfile Corp. - March 15, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that the initial purchasers in its previously announced private placement offering of US$500,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 (the "Notes" and the "Offering") have exercised, in full, their option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, bringing the total Offering size to...
2021-03-15 7:00 AM EDT
Ivanhoe Mines Announces Pricing of US$500 Million Convertible Senior Notes Offering
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has priced its previously announced private placement offering of US$500,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 (the "Notes" and the "Offering"). The company also granted the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or...
2021-03-11 10:49 PM EST
Ivanhoe Mines Announces Offering of US$500 Million Convertible Senior Notes
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering"). The company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time...
2021-03-11 7:11 AM EST
Ivanhoe Mines Issues 2020 Full-Year Results and Review of Mine Construction Progress and Exploration Activities
Phase 1 construction at the 3.8-Mtpa Kakula Copper Minein D.R. Congo approximately 80% complete;commissioning of concentrator plant now underway,with initial production on track for July 2021 Kamoa-Kakula's pre-production ore stockpiles hold more than 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copper Kakula's Phase 2 expansion, scheduled for Q3 2022, will double concentrator throughput to 7.6 Mtpa and annual copper output up to approximately 400,000 tonnes...
2021-03-08 7:30 AM EST
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
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - March 5, 2021) - 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...
2021-03-05 12:24 PM EST
Kamoa-Kakula Copper Mines 339,000 Tonnes of Ore Grading 5.50% Copper in February, Including 107,000 Tonnes Grading 9.01% Copper from the High-Grade Centre of the Kakula Mine, Setting a New Production Record
Volume of ore from underground mining now exceeding steady-state monthly requirements of the Phase 1, 3.8-Mtpa concentrator Pre-production ore stockpiles now hold 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copper Major conveyor belt changeover to permanent configuration completed in February, with underground ore now directly delivered to the surface stockpile Overall progress of Kamoa-Kakula's first phase, 3.8-Mtpa mining and milling operation now 78%...
2021-03-01 7:10 AM EST
Ivanplats Arranging Project-level Financing of up to US$420 Million to Advance Development of the World-scale Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project in South Africa
Mokopane, South Africa--(Newsfile Corp. - February 16, 2021) - Iva
2021-02-16 7:30 AM EST
Ivanhoe Mines Plans Expansive 2021 Copper Exploration Program on Its 100%-Owned Western Foreland Licences Adjacent to Kamoa-Kakula Copper Mine
Ivanhoe now holds 175 kilometres of strike in the highly-prospective Western Foreland district that hosts the prolific Kamoa and Kakula copper deposits, the first discoveries within this previously unrecognized region of the Central African Copperbelt New assay results confirm strike extension of Kamoa North high-grade copper trend for at least 800 metres on Ivanhoe's 100%-owned Kiala Discovery, including copper grades up to 12.40% over 5.53 metres Ivanhoe now holds 35 kilometres of...
2021-02-10 7:59 AM EST