Ivanhoe Mines Ltd
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Ivanhoe to accelerate Phase 3 expansion at Kamoa-Kakula copper mine
Ivanhoe Mines (TSX: IVN) announced that part of the proceeds from the recently completed US$575-million, 2.50% convertible senior notes offering will be used to accelerate the Phase 3 expansion at the Kamoa-Kakula copper mine in the Democratic Republic of Congo.…
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Miners think local with adoption of new procurement standard
Mining Shared Value, a non-profit initiative of Engineers Without Borders has announced that four mining companies have now adopted the Mining Local Procurement Reporting Mechanism (LPRM), with two more planing to do so shortly. The LPRM is a publicly available…
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Robert Friedland opens Remote Roundup: ‘In our world, the geologists are the gods’
The Association for Mineral Exploration opened up its Remote Roundup – its first virtual conference in the event’s 38-year history – with special guest speakers that included a keynote talk from Robert Friedland, founder and executive co-chairman of Ivanhoe Mines.…
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Initial production at Kamoa-Kakula expected in less than six months
Ivanhoe Mines announced that underground development at the Kamoa-Kakula copper project in the Democratic Republic of Congo mined and stockpiled 269,000 tonnes of ore grading 5.36% copper in December from the Kakula and Kansoko mines. In a press release, the…
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Ivanhoe’s Kakula could become world’s second-largest copper operation: study
Ivanhoe Mines (TSX: IVN; NYSE: US-OTC: IVPAF) has published the results of an independent definitive feasibility study (DFS) for its Kakula project in the Democratic Republic of the Congo (DRC), which says the asset could become the world’s second-largest copper mining…
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MINING PEOPLE: Canada Silver Cobalt, GoldMining, Ivanhoe, Shandong, US Gold
Management appointments announced this week include: Clean Air Metals has named Allan MacTavish as VP and project manager for the company’s Thunder Bay North project. Robert Winton has joined Excelsior Mining as general manager and senior VP of the Gunnison…
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Top 10 Canadian-headquartered base metal and uranium explorers
The Northern Miner has compiled a list of the top 10, Canadian headquartered base metal and uranium juniors – with no production and which are not a royalty or streaming company. The ranking is based on market capitalization as of…
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Ivanhoe focuses on Kakula; defers some expenditures and announces voluntary pay cuts
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has completed 13.5 km of underground development – 4.2 km ahead of plan – at its Kakula copper project in the Democratic Republic of Congo and says it will bring the deposit into production on…
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MINING PEOPLE: Asanko, Compass Gold, Ivanhoe, Premier Gold Mines, Unigold
David Sidoo resigned as a director of Advantage Lithium; Sidoo was a founding shareholder of the company. Gordon Guiboche resigned as a director of Anglo-Bomarc Mines. John Lee Wong has been appointed the company’s president and to its board. Paul…
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Ivanhoe boosts resource for Kamoa-Kakula in DRC
Ivanhoe Mines has updated the resource estimate for its massive Kamoa-Kakula project in the Democratic Republic of Congo (DRC). Kamoa-Kakula — among the world’s largest copper deposits – contains 1.4 billion indicated tonnes grading 2.74% copper for 83.7 billion lb. copper…
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PALLADIUM: Ivanhoe accelerates feasibility study for Platreef project
SOUTH AFRICA – Ivanhoe Mines’ co-chairmen Robert Friedland and Yufeng “Miles” Sun announced that the company’s South African subsidiary, Ivanplats, is fast-tracking a feasibility study on a smaller-scale, early-stage development plan using Shaft 1 as a production shaft at its…
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COPPER-GOLD: China’s JCHX takes stake in Cordoba Minerals
COLOMBIA – Cordoba Minerals says a strategic investment from China’s JCHX Mining Management, which specializes in underground mine development and construction, should close before the end of January. JCHX is currently completing underground development work in the Democratic Republic of…
