Ivanhoe Mines Announces Completion of Platreef's Production Shaft 1 at the Tier-One Palladium, Rhodium, Nickel, Platinum, Copper and Gold Project in South Africa
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Monday, May 9, 2022
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Cape Town, South Africa--(Newsfile Corp. - May 9, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President, Marna Cloete, announced today at the African Mining Indaba Conference, the completion of the Shaft 1 production changeover at the company's tier-one Platreef palladium, rhodium, nickel, platinum, copper and gold project in South Africa.
Key Points:
- "Platreef is well on track for historic first PGM and base metal production by the third quarter of 2024," Mr. Friedland said.
- We are counting down to production less than 30 months from now, and this achievement will only mark our first milestone.
- Platreef's Shaft 1 headframe on the left and Shaft 2 construction, raising the headframe from the hitch to the collar, on the right.
- of platinum, palladium, rhodium and gold (3PE+Au), plus five million pounds of nickel and three million pounds of copper.