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Ivanhoe Mines Ltd. T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.


TSX:IVN - Post by User

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Post by tiger6301on Jun 24, 2019 1:51pm
156 Views
Post# 29856813

IVN's News

IVN's News

https://www.miningweekly.com/article/ivanhoe-progresses-with-road-to-airport-from-kamoa-project-2019-06-24

Ivanhoe progresses with road to airport from Kamoa project

 

24TH JUNE 2019 

BY: MARLENY ARNOLDI 
CREAMER MEDIA ONLINE WRITER

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Canada-headquartered Ivanhoe Mines says construction of the highway linking its Kamoa-Kakula copper project to the Kolwezi airport, in the Democratic Republic of Congo (DRC), is progressing rapidly with the onset of the country’s dry season. 

The 34-km-long east–west road is about 25% complete and is expected to be fully operational by the end of the year.

Once complete, the road will significantly improve Kamoa-Kakula’s transportation corridor that is being used to bring in mining equipment and construction materials, as well as to transport copper concentrates in the near future.

The new road will also improve the safety and commuting time for employees between Kamoa-KakulaKolwezi and Lubumbashi, as well as for mine visitors arriving at the Kolwezi airport, Ivanhoe notes.

Kamoa-Kakula is a joint venture between Ivanhoe with 39.6% ownership and Zijin Mining Group with 39.6% ownership, while Crystal River Global holds a 0.8% stake and the DRC government 20%. 

tiger


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