Mwadingusha

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

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.

Kamoa Copper Achieves Record Monthly Copper Production of 29,800 Tonnes

Retrieved on: 
Monday, June 6, 2022

Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 6, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce today that the Kamoa-Kakula Mining Complex in the Democratic Republic of Congo has set a new monthly production record in May, with 29,800 tonnes of copper in concentrate produced.

Key Points: 
  • Figure 1: Monthly Kakula cumulative copper production - total production of approximately 220,000 tonnes copper from May 2021 to May 31, 2022.
  • In May, Kamoa-Kakula's record monthly production of 29,800 tonnes of copper in concentrate produced was achieved despite planned interruptions during the month.
  • Kamoa Copper anticipates the upward trend in production to continue over the near-term, as Phase 2 drives a production increase to an expected rate of more than 400,000 tonnes copper per year.
  • Copper production from the Kamoa Copper's first two phases is projected to exceed 450,000 tonnes per year by Q2 2023, positioning Kamoa Copper as the world's fourth largest copper producer.

Kamoa-Kakula Shatters Previous Production Records, Mining 400,000 tonnes of ore Grading 5.36% Copper in March, Including 100,000 tonnes Grading 8.70% Copper from the Centre of the Kakula Mine

Retrieved on: 
Tuesday, April 6, 2021

Kakula is expected to produce an extremely high-grade, clean copper concentrate (containing over 55% copper) that will be highly coveted by smelters around the world.

Key Points: 
  • Kakula is expected to produce an extremely high-grade, clean copper concentrate (containing over 55% copper) that will be highly coveted by smelters around the world.
  • Metallurgical test work indicates that the Kakula concentrates contain extremely low arsenic levels by world standards - approximately 0.01%.
  • The completion and commissioning of the hydropower plant's remaining four generating units, in sequence, is in progress.
  • The fully-refurbished Mwadingusha hydropower plant is expected to deliver approximately 78 megawatts of power to the national electrical grid.