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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

Comment by chintzyon Aug 18, 2021 2:38pm
233 Views
Post# 33724576

RE:Start of Phase #2

RE:Start of Phase #2And how quickly do you think can they get to nameplate production rate of 400K tonnes/year?

I think Phase 2 at nameplate with Cu $4.50 - 5.00 can bring in about $1 billion CAD on an annual basis, after tax - or $250 million every quarter. That should get some attention when they start reporting that kind of cash flow every three months.

looking wrote: I have looked at all of the updates and photo galleries and have come to the conclusion that phase 2 production will start prior to the scheduled start of the 3rd quarter of 2022 schedule.
My flow chart of activities and project equipment installation  progress is at par or ahead of Phase #1.
my estimate is in and around 25 May 2022 phase 2 production will start.


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