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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
Post by goindeeperon Sep 19, 2017 2:15pm
263 Views
Post# 26715252

K&K most economical underground mining method

K&K most economical underground mining methodFirst , a quick powerpoint refresher on underground mining scenarios with relative costs.

https://www.edrsilver.com/_resources/UG-OTR061212-RWS.pdf

Since the Kansoko and Kakula resources are relatively flat-lying (average dip between 13 to 16 degrees) and wide (kakula indicated resource is up to 2 km wide in places), they lend themselves to the most economical form of underground mining, which is room and pillar.

Room and pillar mining has a high resource recovery rate (around 90% of the resource is recovered) and allows for a lower grade cutoff.  As a guess, I think we will see a resource cutoff of about 1.4% Cu as that non-round number has been presented as a specific scenario by Ivanhoe in the past.  There obviously is some significance to that number and I'm guessing it is from a preliminary run through of a model.
Bullboard Posts