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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

Post by zack50on Jan 23, 2023 9:57am
429 Views
Post# 35239545

High-speed satellite-based connectivity services...

High-speed satellite-based connectivity services...

Ivanhoe Mines and SES to Continue Deploying Low-latency Satellite Connectivity in Africa

The Kamoa-Kakula Copper Project in The Democratic Republic of Congo will continue to enjoy high-speed satellite-based connectivity services as part of a new agreement between Ivanhoe Mines and SES, the two companies announced today. The enhanced partnership builds on a successful five-year relationship between SES and Ivanhoe Mines and comes at a time of significant investment in low-latency, high-capacity solutions in the region following the boom in the African mining industry.

The O3b constellation is powering connectivity for leading mining operators, driving a digitalisation revolution for the sector that is helping to increase profitability while improving worker safety and accountability. This model enables operators to cost-effectively scale connectivity as needed throughout the lifecycle of a mine, ensuring assets have the right amount of bandwidth at any given time to meet digitalisation requirements.

Caroline Kamaitha, Vice President, Sales Africa at SES, said: “We’re proud to continue delivering reliable high-speed connectivity to DRC’s mining industry through our O3b high-throughput and low-latency connectivity services, enabling mining companies to implement new services and applications that will improve workers’ safety, digitalise operations and maximise profitability through increased agility and automation.”

Anil Udayabhanu, Head of Technology at Kamoa Copper, said: “Our long-standing partnership with SES has already helped us to improve the profitability of our extraction, and supported our goal of improving the safety and welfare of all of our staff. In addition to that, O3b connectivity services will also help us leverage the latest applications, communicate in real time and maximise our productivity.”


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