", Mark Farren, CEO of Kamoa Copper said: "We will leverage what we have learned thus far into Phase 2 construction, and expand the project at a sustainable rate that minimizes peak funding. Reported assays returned 8.86 metres grading 5.83% copper that included a higher grade intercept of 6.17 metres grading 6.84% copper. To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_004full.jpg. Underground development at the Kakula Copper Mine enters zone of ultra-high-grade ore, Kakula’s northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper, Excellent construction progress being made on Kakula’s concentrator plant; first production now expected in July 2021. Informations boursières pour actionnaires, Rapport sur la Loi sur les mesures de transparence dans le secteur extractif, Inscrivez-vous à notre liste de diffusion, S’inscrire pour recevoir des mises à jour. To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_010full.jpg. The black star shows where the northern and southern access drives are scheduled to join in November. To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_008full.jpg. This will transition gradually as we move into production. [2], In 2015, Ivanhoe sold half of its interest in the Kamoa copper project to Zijin Mining Group, a Chinese mining company, for US$412 million. Contract workers from Andritz Hydro of Vevey, Switzerland, upgrading the penstocks and emergency intake valves at the Mwadingusha hydropower plant. The upgrading work at the 72-megawatt Mwadingusha hydropower plant is nearing completion and electricity from all of Mwadingusha's six turbines is expected to be integrated into the national power grid in the first quarter of 2021. Ivanhoe plans to issue its regular Kamoa-Kakula monthly mine progress update for the month of October in early November, which will provide details on the project's underground development advancement, tonnage and grade of the project's pre-production ore stockpiles, and construction progress of the initial 3.8 Mtpa concentrator plant and associated infrastructure. Ivanhoe has prepared an independent, NI 43-101-compliant technical report for the Kamoa-Kakula Project, which is available on the company's website and under the company's SEDAR profile at www.sedar.com: The technical report includes relevant information regarding the assumptions, parameters and methods of the mineral resource estimates on the Kamoa-Kakula Project cited in this news release, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this news release.

", Canada Silver Cobalt an TSX Venture Exchange zu Tier 1 hochgestuft, Unterschwellige Risikobereitschaft - KfW: 1 Mio. "We are looking forward to achieving our first "holing" between the northern and southern declines," said Mr. Friedland. The Kamoa-Kakula 2020 Resource Update dated March 25, 2020, prepared by OreWin Pty Ltd., Wood plc, DRA Global, SRK Consulting (South Africa) (Pty) Ltd and Stantec Consulting International LLC. Kursexplosion unabdingbar!? Kamoa-Kakula is Africa's largest high-grade copper discovery in a previously unknown extension of the Central African Copperbelt. Wir verwenden Cookies, um Ihnen eine optimale Funktion der Webseite zu ermöglichen. Extractive Sector Transparency Measures Act Report. About Ivanhoe Mines. This marriage between Kakula's northern and southern declines will facilitate the ramp up in production and dramatically increase the efficiency of our underground logistics, and further improve safety.". Mr. Torr is not considered independent under NI 43-101 as he is the Vice President, Project Geology and Evaluation of Ivanhoe Mines. Approximately 260 metres of tunneling remains until the access drives are connected (see figures 1 and 2). To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_008full.jpg. Ivanhoe Mines announces outstanding economic results of the independent Integrated Development Plan (IDP) for the tier one Kamoa-Kakula Copper Project, The DFS evaluates the stage-one, 6-million-tonnes-per-annum (Mtpa) Kakula Mine currently being constructed; this first stage yields an after-tax NPV8% of US$5.5 billion, IRR of 77% over a 21-year mine life, and payback of 2.3 years. Phases 1 and 2 combined are expected to produce approximately 400,000 tonnes of copper per year. Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. In Ihrem Webbrowser ist JavaScript deaktiviert. Ivanhoe Mines is advancing its projects in Southern Africa: Platreef platinum-palladium-gold-nickel-copper, Kamoa-Kakula Copper Project, Kipushi Project TSX: IVN $ … Mr. Amos is not considered independent under NI 43-101 as he is Kamoa Copper's Head of Projects. ", "We currently have more than 6,000 people on site, most of whom are employed by sub-contractors for the construction of the mining infrastructure and concentrator. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed below and under "Risk Factors", and elsewhere in this release, as well as unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. ", "Our engineers are already planning the steps necessary to implement phases 3, 4 and 5, which would expand the project's production rate to at least 19 million tonnes of ore a year. Kakula's northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper, Excellent construction progress being made on Kakula's concentrator plant; first production now expected in July 2021.