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Category: Press Release

Ivanhoe Mines Closes C$575 Million Private Placement 1 Mining in DRC Exploration Press Release 

Ivanhoe Mines Closes C$575 Million Private Placement

Constance
 Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) (“Ivanhoe Mines” or the “Company”) announces that it has closed its previously announced private placement offering of 47,917,050 Class A common shares (the “Common Shares”) at a price of C$12.00 per Common Share for aggregate gross proceeds of approximately C$575 million (approximately US$430 million) (“the Offering”), including the full exercise of the 15% agent’s option granted to BMO Capital Markets, as sole agent, in connection with the Offering. Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines commented: “We would like to extend… Read More Here
FQM’S KANSANSHI SPENDS OVER 5 MILLION KWACHA ON SIX SOLWEZI CO-OPERATIVES 2 Mining in Zambia Copper Corporate social responsibility Press Release 

FQM’S KANSANSHI SPENDS OVER 5 MILLION KWACHA ON SIX SOLWEZI CO-OPERATIVES

Constance
Kansanshi Mining PLC has handed over two-million kwacha (K 2,000,000=00) to six co-operatives in Solwezi District, North Western Province as part of the mines support to small and medium enterprises aimed at uplifting the living standards of the people. Early this year, Kansanshi mine launched an initiative, ‘Tujipamo Community project’ as a pilot programme to support six co-operatives with finances to invest in different business activities, with the resources distributed quarterly. Kansanshi Mining Plc Contracts Manager, Pamela Chola said the mine had signed a Memorandum of Understanding to provide funds… Read More Here
FQM’S KANSANSHI MINE SETS NEW ENVIRONMENTAL MILESTONES WITH GREEN INITIATIVES  3 Mining in Zambia Copper Environment Social Governance (ESG) Press Release 

FQM’S KANSANSHI MINE SETS NEW ENVIRONMENTAL MILESTONES WITH GREEN INITIATIVES 

Constance
Plastic waste pollution has emerged as a pressing global issue, one that affects our environment, wildlife, and human health. The production and consumption of plastics have skyrocketed over the past few decades. And while plastic has undoubtedly revolutionised industries and made everyday life more convenient, its disposable nature has led to a crisis. However, transitioning to more sustainable practices, such as recycling and adopting alternative materials, can lead to cost savings and new economic opportunities, not just for the country but also for companies that consume plastics on a daily… Read More Here
Sandvik Launches Unified Mining Automation with AutoMine® for Underground Drills 4 Equipment & Technology Mining Equipment Press Release 

Sandvik Launches Unified Mining Automation with AutoMine® for Underground Drills

Constance
Sandvik Mining and Rock Solutions is introducing AutoMine® for Underground Drills, a cutting-edge tele-remote solution that enables operators to remotely and simultaneously control and supervise multiple automated Sandvik underground drills, increasing efficiency, safety and overall productivity in mining operations. With AutoMine® for Underground Drills, Sandvik Mining and Rock Solutions has become the first OEM to introduce a unified traffic management system for drills, loaders and trucks. “Sandvik’s holistic approach to integrate drills, loaders and trucks into the AutoMine® system will set a new standard for underground mining efficiency,” said Jouni… Read More Here
FQM MAINTAINS PRODUCTION GROWTH IN Q3  5 Mining in Zambia Copper Press Release 

FQM MAINTAINS PRODUCTION GROWTH IN Q3 

Constance
First Quantum Minerals maintained its trend of increasing production in the third quarter of 2023, propelled by the mining firm’s execution of new agreements with the Zambian government in the previous year.During the quarter, FQM marked a significant milestone by making its first concentrate sale from the newly established Enterprise nickel mine in Kalumbila. Additionally, the company continued to advance steadily with the S3 expansion project at its Kansanshi mine in Solwezi.This performance was also a result of mining fleet deployment changes, allowing for the opening up of new mining… Read More Here
ERG Breaks Ground on Hydrometallurgical Plant in DRC for Copper and Cobalt Production 6 Mining in DRC Corporate News Press Release 

ERG Breaks Ground on Hydrometallurgical Plant in DRC for Copper and Cobalt Production

Constance
COMIDE comprises some of the largest known copper and cobalt resources still to be developed globally. Following a comprehensive technical study, the development potential of its resource base and production capacity were established, paving the way for the project at hand. The COMIDE project includes the construction of a hydrometallurgical plant, an extensive exploration and drilling programme, as well as mine development – backed by a total investment of around USD$800 million. The start of works was marked by a groundbreaking ceremony held at COMIDE in Lualaba Province on 12… Read More Here
BEKA Schréder Celebrates 45 Years of Illuminating Success and Industry Contribution 7 Sponsored Content Press Release 

BEKA Schréder Celebrates 45 Years of Illuminating Success and Industry Contribution

Constance
BEKA Schréder, Africa’s leading manufacturer of luminaires and glass fibre reinforced polyester (GRP) poles, is thrilled to commemorate their remarkable 45-year journey in the lighting industry. Since their establishment in 1978, they have steadily grown, evolved, and contributed to the success of their clients and the industry as a whole. This milestone anniversary not only reflects their resilience and dedication, but also serves as a testament to the trust and support they have garnered over the years. From BEKA Schréder’s humble beginnings of manufacturing corrosion-resistant GRP poles and public lighting… Read More Here
Ivanhoe Mines announces outstanding economic results for world-leading Kamoa-Kakula Copper Complex 8 Mining in DRC Corporate News New Mining Projects Press Release 

Ivanhoe Mines announces outstanding economic results for world-leading Kamoa-Kakula Copper Complex

arnbethnic
Ivanhoe Mines announces outstanding economic results of updated, independent Integrated Development Plan (2023 IDP) for world-leading Kamoa-Kakula Copper Complex ■ Ivanhoe’s 26-year odyssey of discovery realizes a globally significant copper complex essential for the energy transition ■ 2023 IDP consists of a pre-feasibility study (PFS) for the Phase 3 and 4 expansions of Kamoa-Kakula, and a preliminary economic assessment (PEA) life-of-mine extension case ■ Phase 3 expansion, to be completed in 2024, increases Kamoa-Kakula’s annual copper production to a ten-year average of 620,000 tonnes of copper, at cash costs (C1)… Read More Here
Ivanhoe Mines responds to The Sentry report and Globe and Mail article impugning Ivanhoe’s business conduct in the DRC 9 Press Release Environment Social Governance (ESG) Mining in DRC 

Ivanhoe Mines responds to The Sentry report and Globe and Mail article impugning Ivanhoe’s business conduct in the DRC

arnbethnic1 Comment
Ivanhoe Mines has issued this response today to a misleading and sensationalist “report” from an activist organization based in the United States, called The Sentry (Sentry), and an associated article in the Canadian Globe and Mail newspaper. The Sentry report, and a subsequent story by Globe and Mail reporter Geoffrey York that was published on December 15, 2022, include incomplete, selective and speculative content pertaining to Ivanhoe Mines’ business activities in the Democratic Republic of Congo (DRC), and mineral exploration investments on its Western Foreland Exploration Project. Both reports are… Read More Here
FIRST QUANTUM MINERALS PROVIDES UPDATE ON NEGOTIATIONS WITH REPUBLIC OF PANAMÁ 10 International Environment Social Governance (ESG) Press Release 

FIRST QUANTUM MINERALS PROVIDES UPDATE ON NEGOTIATIONS WITH REPUBLIC OF PANAMÁ

Johannsen
First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) issues the following statement today on the status of its negotiations with the Government of Panamá on a framework governing the operation of the Cobre Panamá mine by its subsidiary Minera Panamá, S.A. (“MPSA”). The Government of Panamá and MPSA were unable to reach an agreement by the December 14 deadline imposed by the government. The economic package MPSA has proposed would make Cobre Panamá one of the highest payers of royalties and taxes amongst the large copper producing… Read More Here

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