Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s): IVPAF

Metals & Mining Industrial Metals & Minerals

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.

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Ivanhoe Mines Ltd

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Post by guarantor1on Oct 07, 2024 12:04pm

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Post# 36256200

BMO re Q3 Production, K & K

Q3 Production - Phase 3 Drives Another Record for
Kamoa-Kakula
Bottom Line:
Ivanhoe Mines released strong Q3 production results (in line with our estimates)
highlighted by record copper in concentrate production of 116,313t from Kamoa Kakula.
Year-to-date production stands at 303,328t with an annual guidance decreased to
425-450,000t from 440-490,000t reflecting grid power issues earlier in the year that
have now been resolved with backup and imported power. We see no long-term
impact to Kamoa Kakula from today’s guidance decrease, and we expect record
performances in Q4 as Phase 3 concentrator ramp-up progresses to steady state.

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Advancing flagship Ishkõday Gold Project in Ontario