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Ivanhoe Mines Reports Record Quarterly Production of 103,786 Tonnes from Kamoa-Kakula Copper Complex for Q2 2023

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Wednesday, July 5, 2023
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The 2023 annual production guidance for Kamoa-Kakula is maintained at between 390,000 to 430,000 tonnes of copper in concentrate.

Key Points: 
  • The 2023 annual production guidance for Kamoa-Kakula is maintained at between 390,000 to 430,000 tonnes of copper in concentrate.
  • Kamoa-Kakula's Phase 1 and 2 concentrator plants set a quarterly production record of 103,786 tonnes of copper in concentrate for Q2 2023 following the early completion of the debottlenecking program in the first quarter.
  • To view an enhanced version of this graphic, please visit:
    Kamoa-Kakula reports record quarterly production of 103,786 tonnes of copper during the second quarter of 2023, compared with 93,603 tonnes of copper in the first quarter.
  • Also during the quarter, a weekly production record of 9,710 tonnes of copper in concentrate was achieved in late April.

Ivanhoe Mines Updates on Its Western Foreland Exploration Activities, Adjacent to the Kamoa-Kakula Copper Complex

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Thursday, February 23, 2023
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Hollywood, Florida--(Newsfile Corp. - February 23, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete, announced today ahead of the 32nd BMO Global Metals & Mining Conference an update on exploration activities at the company's 90-100%-owned Western Foreland Exploration Project.

Key Points: 
  • Ivanhoe Mines' DRC exploration team is targeting high-grade Kamoa-Kakula-style copper mineralization across its 2,407-square-kilometre Western Foreland licence package, which lies adjacent to the 400-square-kilometre Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC).
  • Map of Ivanhoe Mines' 90-100% owned Western Foreland exploration licences (in grey), adjacent to the Kamoa-Kakula Copper Complex's mining licences (blue).
  • Map highlighting Ivanhoe Mines' current exploration target areas across the Western Foreland licences.
  • Mr. Torr has verified the technical data regarding the Western Foreland Exploration Project disclosed in this news release.

Kamoa Copper Reports Record Quarterly Production of 87,314 Tonnes of Copper in Q2 2022

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Tuesday, July 5, 2022
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Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - July 5, 2022) -  Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the second quarter of 2022, with 87,314 tonnes of copper in concentrate produced.

Key Points: 
  • Kamoa Copper milled approximately 1.95 million ore tonnes during the second quarter at an average feed grade of 5.44% copper.
  • Kamoa-Kakula's Phase 1 and Phase 2 concentrator plants produced a record 30,379 tonnes of copper in June 2022.
  • Kamoa Copper is approaching a copper production rate of 400,000 tonnes per year.
  • To view an enhanced version of this graphic, please visit:
    Figure 1: Monthly Kakula cumulative copper production - total production of approximately 250,000 tonnes copper from May 2021 to June 30, 2022.

Kamoa Copper Achieves Record Quarterly Production of 55,602 Tonnes of Copper in Q1 2022, with a Record 19,605 Tonnes of Copper Produced in March

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Monday, April 11, 2022
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Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 11, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new quarterly production record in the first quarter of 2022, with 55,602 tonnes of copper in concentrate produced. Kamoa Copper milled 1.08 million ore tonnes during the quarter at an average feed grade of 5.91% copper.

Key Points: 
  • Kamoa Copper milled 1.08 million ore tonnes during the quarter at an average feed grade of 5.91% copper.
  • In addition, Kamoa-Kakula set a new daily production record on April 8, 2022, with 25,126 tonnes milled and 1,202 tonnes of copper produced.
  • Kamoa Copper will increase its annualized copper production rate to more than 400,000 tonnes from this month forward.
  • Kamoa-Kakula achieved record quarterly production of 55,602 tonnes of copper in concentrate in Q1 2022, with 19,605 tonnes copper produced in March.

Kamoa-Kakula's Phase 2 Concentrator Plant Begins Hot Commissioning Ahead of Schedule

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Tuesday, March 22, 2022
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Lausanne, Switzerland--(Newsfile Corp. - March 22, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chair Robert Friedland is pleased to announce today at the Financial Times Global Commodities Summit, to an audience of international mining and market leaders, the start of hot commissioning of the Phase 2, 3.8-million-tonne-per-annum concentrator plant at the Kamoa-Kakula Mining Complex. In addition, the first filtered copper concentrate production from the Phase 2 plant also has commenced.

Key Points: 
  • The Phase 2 concentrator plant is identical to the Phase 1 plant, with a design throughput of 475 dry tonnes per hour, or 3.8 million tonnes of ore per year.
  • The Phase 1 concentrator plant reached commercial production in July 2021, approximately two months after the start of hot commissioning, and reached design ore throughput in August 2021.
  • Mark Farren, Kamoa Copper's CEO, commented: "We now have successfully built the first two concentrator plants ahead of schedule and on budget.
  • Watch a new video highlighting the commissioning of Kamoa-Kakula's Phase 2 concentrator plant: https://vimeo.com/690889673/6de106f6a5
    The de-bottlenecking program that was announced last month is progressing on schedule.

Ivanhoe Mines Provides 2022 Production and Cost Guidance for Kamoa-Kakula Copper Complex

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Monday, January 10, 2022
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The guidance range for cash costs (C1) per pound of payable copper in 2022 is between $1.20 and $1.40 per pound of payable copper.

Key Points: 
  • The guidance range for cash costs (C1) per pound of payable copper in 2022 is between $1.20 and $1.40 per pound of payable copper.
  • Kamoa Copper expects to begin operations at the Phase 2 concentrator plant in Q2 2022.
  • Production and cost guidance assumes the Phase 2 concentrator plant will commence copper production in Q2 2022 and that ramp-up will be in line with what was achieved with Phase 1.
  • Based on independent benchmarking, the project's phased expansion scenario to 19 Mtpa would position Kamoa-Kakula as the world's second-largest copper mining complex, with peak annual copper production of more than 800,000 tonnes.

Kamoa-Kakula Surpasses Annual Copper Guidance, with More than 100,000 Tonnes Produced

Retrieved on: 
Wednesday, December 22, 2021
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Toronto, Ontario--(Newsfile Corp. - December 22, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that Kamoa-Kakula's Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant in the Democratic Republic of Congo (DRC) has exceeded the upper end of annual copper production guidance with more than 100,000 tonnes of copper in concentrate produced year-to-date, as at December 22, 2021. The figures are on a 100%-project basis and metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.

Key Points: 
  • Ivanhoe's 2021 production guidance for contained copper in concentrate produced from Kamoa-Kakula was 92,500 to 100,000 tonnes, which was originally projected to be 80,000 to 95,000 tonnes.
  • The annual production guidance was also previously increased in November, reflecting the successful completion of ramp-up of the Kakula Phase 1 concentrator.
  • "The Phase 2 expansion remains significantly ahead of schedule, and we are well on the way to doubling annual copper production to approximately 400,000 tonnes starting early in Q2 2022.
  • The Phase 2 plant is expected to double annual copper production to approximately 400,000 tonnes.