Post by
idleweiss on Dec 17, 2021 5:26am
Ivn phase 2
With the completion of phase 2 ivn will be capable of producing 400000 tonnes of copper. Their share at 40 percent will already be greater than the copper being produced by first quantum at Cobre Panama (approximately 300000 lbs). Then, we will have platreef coming along and the phase 3 concentrator. Not to mention WF. Phase 3 should add another 150000 lbs of copper to our share at the very least. But I think Platreef is the jewel in the crown. The indicated resources for the PGMs is quite unbelievable. Many years ago I purchased some rhodium from Kitco. Very little - but I am now sitting on some very expensive property. And Platreef has it all. If you haven't noticed the price of Zinc has started to move up because mines are being shuttered in Europe due to the high fuel costs. If Gecamines can get their act together we can start Kipushi. It should be easier now that the jerk at Gecamines has been fired by the President. Let's see what happens.
Comment by
idleweiss on Dec 17, 2021 8:57am
That should be 300000 tons of copper produced at cobre panama and not 300000 lbs of copper. They have been having problems so the tonnage may drop as our picks up. If not, then they may produce slightly more than what ivn produces after the completion of phase 2.
Comment by
Lucentio on Dec 17, 2021 12:27pm
Cobre Panama is First Quantum not Ivanhoe
Comment by
idleweiss on Dec 17, 2021 3:03pm
I now understand why Toppy does not post.