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