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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 bloomfield18on Aug 21, 2017 2:42pm
153 Views
Post# 26604273

RE:RE:RE:RE:Graffiti: Pearls

RE:RE:RE:RE:Graffiti: PearlsThe grade at Resolution is lower at 1.47% copper. But they're block caving a cavern a mile and half long by 850 feet deep. It's a massive porphyry, so they can do that. It's not just a question of grade, but also ease of extraction. Contrast that with the gently dipping, narrow 4 to 6 meter room and pillar operation at Kakula.There is lots of ore. Getting it out, without having 400, 500, or 600 meters of rock coming down on your head is the hard part. Looking at the tables of the most recent June study, final extraction at 500 meters was limited to 53%. Recoveries are much better at shallower depth. Some of these pillars, at 20 by 20 meters, are the size of a small house. They won't get all the ore. Dilution at the hanging/footwall over such narrow widths is also a factor. Resolution and Kakula are both underground mines, but that's where the resemblance ends.
Bullboard Posts