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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

Post by tiger6301on Dec 02, 2020 7:45am
490 Views
Post# 32016405

ALL great news with IVN

ALL great news with IVNWe may need patience with our SP responses, hold long!

tiger

Kamoa-Kakula Copper Project Mines a Record 250,000 Tonnes of Development Ore Grading 4.85% Copper in November, Accelerating Both Grade and Tonnage of Copper Ore Added to the Project's Surface Stockpiles

Newsfile Corp - 25 minutes ago
 

Pre-production ore stockpiles now hold 1.25 million tonnes grading 3.75% copper, containing more than 46,700 tonnes of copper

Underground development totalling 2,163 metres completed in November; more than 26.8 kilometres now complete - 9.0 kilometres ahead of plan

Access to Kakula's +8% copper ore in the centre of deposit established with the connection of northern and southern main access tunnels in early November

In November, Kakula's central connection development produced 93,000 tonnes grading 4.95% copper from the southern decline, including 41,000 tonnes of high-grade ore grading 7.82% copper, and 124,000 tonnes grading 5.03% copper from the northern decline

Overall progress of Kamoa-Kakula's first phase, 3.8 Mtpa mining and milling operation now approximately 63% complete, with first copper concentrate production scheduled for July 2021

https://www.theglobeandmail.com/investing/markets/stocks/IVN-T/pressreleases/729624/
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