KIPUSHI

Ivanhoe Mines: United States Announces Support for Development of Lobito Atlantic Railway Corridor at the 2023 G7 Summit

Retrieved on: 
Wednesday, May 24, 2023
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The "transformative economic corridor" connects the Angolan port of Lobito to the Democratic Republic of Congo (DRC) Copperbelt.

Key Points: 
  • The "transformative economic corridor" connects the Angolan port of Lobito to the Democratic Republic of Congo (DRC) Copperbelt.
  • The consortium will be responsible for the operation, management and maintenance of the rail infrastructure and rolling stock from the Lobito port to the Angolan-DRC border.
  • Further, on January 27, 2023, the governments of Angola, DRC, and Zambia signed the Lobito Corridor Transit Transport Facilitation Agency Agreement (LCTTFA).
  • The tri-partite LCTTFA aims to coordinate the joint development activities of the Lobito Corridor.

Ivanhoe Mines and Gécamines Agree on Off-Take and Financing Terms to Return the Ultra-High-Grade Kipushi Mine in the DRC to Production

Retrieved on: 
Thursday, April 27, 2023
Transfer, Amos, Female, Zinc, Technical report, Congo, Ventilation, Congolese, ITF Enhancing Human Security, Cairns Plywood Pty Ltd Sawmill Complex, Bay, News, Mining, Executive, Perimeter, Human back, Work, GM, SEDAR, TSX, International Women's Media Foundation, Injury, Congestion, Engineering, Cell, P5, Government, Kipushi Mine, NI, MOU, LHD, Partnership, ROM, Education, KICO, Bond Equipe, SOFR, LHD (load, haul, dump machine), SMPP, XRF, Democratic republic, Nature, FLSmidth, DMS, Uranium mining, Tunnel, Automotive industry, Typesetting, Cryptocurrency, Oil, Conveyor system, Iron ore, Prefabrication, Drug, Epiroc, Haut-Katanga Province, DRC, Ivanhoe Mines, Glencore

"The off-take and financing milestones are critical deliverables that allow us to return Kipushi to production by the third quarter of next year.

Key Points: 
  • "The off-take and financing milestones are critical deliverables that allow us to return Kipushi to production by the third quarter of next year.
  • "In partnership with Gécamines, we are closing in on a monumental achievement to return the great Kipushi Mine to production.
  • KICO is 68% owned by Kipushi Holding, a wholly owned subsidiary of Ivanhoe Mines, and the remaining 32% of KICO is owned by Gécamines.
  • Back (L-R): Ludovic Monga Banza Kabongo, Deputy GM, Gécamines; Olivier Binyingo, SVP Public Affairs DRC, Ivanhoe Mines; Jack Masangu A Mwanza, Deputy GM, Gécamines; Stephane Cormier, Advisor, Gécamines.

Ivanhoe Mines Announces Capital Expenditure Guidance to First Production for Kamoa-Kakula Phase 3, Platreef (Phase 1) and Kipushi

Retrieved on: 
Tuesday, January 31, 2023
Kipushi Mine, Ivanhoe Mines, Inga dams, Nedbank, MD, Risk, Acceleration, IDP, Rale, Risk management, Renewable energy, Commercial property, Mining, Security (finance)

Johannesburg, South Africa--(Newsfile Corp. - January 31, 2023) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) President Marna Cloete and Chief Financial Officer David van Heerden announced today capital expenditure (capex) guidance at Ivanhoe's three material properties for 2023 and 2024, as well as an update on financing activities. All capital expenditure figures are presented on a 100%-project basis.

Key Points: 
  • The 2024 capital expenditure guidance for Platreef and Kipushi excludes sustaining capital required in 2024 post-initial production.
  • Ivanhoe Mines' capex guidance is based on several assumptions and estimates as of January 31, 2023.
  • Guidance also involves estimates of known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially.
  • A recording of the call, together with supporting presentation slides, will be made available on Ivanhoe Mines' website at www.ivanhoemines.com .

Ivanhoe Mines Responds to The Sentry Report and Globe and Mail Article Impugning Ivanhoe's Business Conduct in the Democratic Republic of Congo

Retrieved on: 
Monday, December 19, 2022
Prospectors, Government, DRC, Workforce, Police, World Bank, RCMP, Mineral, Zijin Mining, ESG, SNEL, Copper, Ivanhoe Mines, Research, TSX, Sentry, Rehabilitation, Gruner AG, Publishing, Woman, Prospectors & Developers Association of Canada, Element, Mining, Tax, The Royal Canadian Mounted Police in Quebec, Democratic republic, Inga, Corruption, Gruner, Risk, Geology, Policy, Electricity, Uranium, Bank, Lithium, Cryptocurrency, Construction, Renewable energy, Risk management, Inga dams, Congolese, Mwadingusha

Both the Sentry report and the Globe and Mail article are rife with misleading content that selectively discloses supposed facts.

Key Points: 
  • Both the Sentry report and the Globe and Mail article are rife with misleading content that selectively discloses supposed facts.
  • This tactic has the effect of impugning Ivanhoe Mines' reputation, adversely impacting its business and negatively impacting public Canadian corporations operating internationally.
  • Ivanhoe Mines conducts its business in alignment with national and international laws, including in its partnering with DRC shareholders where required by law.
  • This could mislead readers into assuming that the Globe and Mail and Sentry reports cover all of Ivanhoe Mines' activities in the DRC.

Ivanhoe and Gécamines Host Ceremony Commemorating the Start of Construction Activities at the Historic Kipushi Mine

Retrieved on: 
Monday, September 12, 2022
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Kipushi, Democratic Republic Congo--(Newsfile Corp. - September 12, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President Marna Cloete is pleased to announce that Kipushi Corporation SA (KICO), a joint venture between Ivanhoe and DRC state-owned mining company Gécamines, recently hosted a breaking-ground ceremony to commemorate the start of construction of the processing plant at the historic Kipushi zinc-copper-germanium-silver mine. In addition, Ivanhoe signed a memorandum of understanding (MOU) with the provincial government of Haut-Katanga to study options for upgrading the DRC-Zambia border crossing in the town of Kipushi for commercial imports and exports.

Key Points: 
  • The ceremony follows the outstanding results of the Kipushi 2022 Feasibility Study, announced in February 2022, as well as the agreement signed between Ivanhoe Mines and Gcamines to bring the Kipushi mine back into production.
  • This infrastructure also allows for a relatively short construction timeline of two years, with the principal development activities being the construction of a conventional concentrator facility and supporting infrastructure, together with the restart of mining activities underground.
  • The re-birth of the historic Kipushi Mine will be a great achievement for Ivanhoe Mines, our partners and shareholders, and the Democratic Republic of Congo."
  • Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Mining Complex.

Ivanhoe Mines Strengthens Operations and Project Capabilities with Key Executive Appointments

Retrieved on: 
Tuesday, September 6, 2022
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Johannesburg, South Africa--(Newsfile Corp. - September 6, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete announce today the appointment of Mr. Mark Farren and Mr. Steve Amos to Ivanhoe Mines from the company's Kamoa Copper Joint Venture in the Democratic Republic of the Congo (DRC).

Key Points: 
  • Mr. Farren worked at Ivanhoe Mines as Executive Vice President, Operations, between June 2014 and October 2019.
  • Mr. Amos returns to Ivanhoe Mines, effective immediately, as Executive Vice President, Projects, and will report to Mr. Farren.
  • Mr. Farren and Mr. Amos will continue to guide the delivery of the extensive Ivanhoe Mines project pipeline.
  • (L-R) Mark Farren, incoming Ivanhoe Mines COO; Steve Amos, Ivanhoe Mines Executive Vice President, Projects; and Wimpie Steyn, Kamoa Copper Risk Control Manager, holding some of Kamoa-Kakula's first copper concentrate in March 2021.

Ivanhoe Mines Issues Fifth Annual Sustainability Report, Highlighting the Company's Commitment to Becoming a Global ESG Leader in Mining

Retrieved on: 
Monday, May 2, 2022
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Toronto, Ontario--(Newsfile Corp. - May 2, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today the publication of its fifth annual Sustainability Report.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 2, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today the publication of its fifth annual Sustainability Report.
  • Ivanhoe Mines is committed to producing the world's "greenest copper" at its world-scale Kamoa-Kakula Copper Joint Venture in the Democratic Republic of Congo.
  • Ivanhoe Mines is deeply committed to identifying and mining the metals critical for worldwide electrification in both an environmentally and socially conscious way."
  • Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine.

Ivanhoe Mines Files a New NI 43-101 Technical Report for the Ultra-High-Grade Kipushi Mine in the DRC

Retrieved on: 
Friday, March 4, 2022
Congo, Engineering, Mining, Zinc, TSX, Thiess Pty Ltd, Pty, Technical report, Kipushi Mine, National instrument, Democratic republic, Uranium

Kipushi, Democratic Republic of Congo--(Newsfile Corp. - March 4, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has filed a new National Instrument 43-101 (NI 43-101) technical report covering the planned resumption of commercial production at the Kipushi Mine in the Democratic Republic of Congo.

Key Points: 
  • Kipushi, Democratic Republic of Congo--(Newsfile Corp. - March 4, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has filed a new National Instrument 43-101 (NI 43-101) technical report covering the planned resumption of commercial production at the Kipushi Mine in the Democratic Republic of Congo.
  • The updated NI 43-101 technical report includes an independent feasibility study (Kipushi 2022 Feasibility Study) for the redevelopment of the Kipushi Mine and the mining of Kipushi's zinc-rich Big Zinc and Southern Zinc zones, with an estimated 11.8 million tonnes of Measured and Indicated Mineral Resources grading 35.3% zinc.
  • The Kipushi 2022 Feasibility Study was independently prepared on a 100%-project basis by OreWin Pty.
  • 558.1034
    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115684

Ivanhoe Mines to Issue Q4 2021 Financial Results and Host Conference Call for Investors on March 8, 2022

Retrieved on: 
Wednesday, February 9, 2022
Congo, Area studies, Ivanhoe Mines, Democratic republic, Analysis, Conversation, Financial statement, TSX, Management, Broadcasting, Mining

Toronto, Ontario--(Newsfile Corp. - February 9, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will report its Q4 2021 financial results before market open on Tuesday, March 8, 2022.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - February 9, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will report its Q4 2021 financial results before market open on Tuesday, March 8, 2022.
  • The company will hold an investor conference call to discuss the Q4 2021 financial results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day.
  • The conference call dial-in is +1-647-484-0475 or toll free 1-888-220-8451, quote "Ivanhoe Mines Q4 2021 Financial Results" if requested.
  • Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine.

Kamoa Copper's Phase 2 Concentrator Plant Approaching 93% Completion; Hot Commissioning of the Phase 2 Concentrator Plant to Begin in April 2022

Retrieved on: 
Monday, January 24, 2022
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Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - January 24, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that Kamoa-Kakula's Phase 2, 3.8-million-tonne-per-annum (Mtpa) concentrator plant is expected to be 93% complete by January 31, 2022, with hot commissioning of the concentrator on track to begin in April 2022, at the front end of the Q2 2022 previous guidance and several months ahead of the original schedule.

Key Points: 
  • Hot commissioning involves introducing first ore into the plant at a reduced feed rate to set equipment parameters and test performance.
  • Kamoa Copper continues to make significant construction progress on the Phase 2 concentrator plant, and the plant is expected to be approximately 93% complete by the end of January.
  • The Phase 2 plant is identical to the Phase 1 3.8-Mtpa concentrator plant and a faster ramp-up profile is expected, with the added benefit of operational knowledge gained during the commissioning of Phase 1.
  • First ore was introduced into Kamoa Copper's Phase 1 concentrator plant on May 20, 2021, and first concentrate was produced from the Phase 1 plant on May 25, 2021.