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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. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Bullboard Posts
Comment by StewartCatsoon Jul 02, 2017 1:32pm
328 Views
Post# 26428457

RE:Why 6 + 6?

RE:Why 6 + 6?
Homebone wrote: I'm just curious, does anyone know why they are going with 6 + 6 for the new PEA and not something higher?  

I suppose they might have additional scenarios in the PEA with 6 + 6 being the Base Case.

Or perhaps they are assuming they can tack on another 6 from Kakula West and make it 18 combined (6+6+6 = LUCIFER). I like the sound of that.

Thoughts?


This is a very good question that only the engineers involved can answer with certainty. Having said this, these following points might shed some light to your question/concern:
  1. Geometry of the orebody; includes dip, thickness, strike length
  2. Mining cycle times (i.e. prep, drill, blast, muck, ground support placement, and fill should fill be required in methodology)
  3. Geotechnical restrictions
  4. Ventilation restrictions
  5. Material handling restrictions (including logistical challenges)
  6. Other resource restrictions (i.e. power, process water, and money).

Bullboard Posts