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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

Bullboard Posts
Comment by bloomfield18on Mar 14, 2018 6:42pm
122 Views
Post# 27716756

RE:Kakula: 49.6 million Troy ounces at 8.89 gram/tonne Au Eq

RE:Kakula: 49.6 million Troy ounces at 8.89 gram/tonne Au EqActually South Deep is a terrible comparison. All in sustaining costs there are $1400 oz. They're losing money. Grade is just one factor. Ease of access is another. South Deep is at 3 km depth and very difficult to reach, whereas Kakula is shallow and easy to access. AISC for Kakula are low. This illustrates a problem in mining. We're running out of good stuff to dig up. All the low hanging fruit has been picked. Kakula is in a class all it's own.
Bullboard Posts