Indepth News - Copperbelt Katanga Mining

Ivanhoe Mines Issues Second Quarter 2022 Financial Results, Review of Mine Construction & Exploration Activities

August 15, 2022August 16, 2022 arnbethnic

JOHANNESBURG, SOUTH AFRICA – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) President Marna Cloete and Chief Financial Officer David van Heerden are pleased to announce the financial results for the three and six months ended June 30, 2022. Ivanhoe Mines is a leading Canadian mining company developing and expanding its four principal mining and exploration projects in Southern Africa: the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC), which commenced commercial production in July 2021; the Platreef palladium, rhodium, nickel, platinum, copper and gold discovery in South Africa; the… Read More Here

Ivanhoe Mines first quarter 2022 review of mine construction and exploration activities

May 11, 2022May 11, 2022 arnbethnic

Kamoa-Kakula Copper Mining Complex in the Democratic Republic of Congo sold 51,919 tonnes of payable copper and recognized record revenue of $519.6 million in Q1 2022 The Kamoa-Kakula joint venture recorded record EBITDA of $399.4 million, and operating profit of $380.5 million for Q1 2022 Kamoa-Kakula’s cost of sales total $1.08 per pound of payable copper in Q1 2022, with C1 cash costs trending towards lower end of 2022 guidance at $1.21 per pound Kamoa-Kakula Phase 2 offtake agreements concluded Regional exploration drill campaign commences at the Western Foreland Copper… Read More Here