Business
Ivanhoe and Gécamines Host Ceremony Commemorating the Start of Construction Activities at the Historic Kipushi Mine
Production from Kipushi's ultra-high-grade Big Zinc deposit targeted for late 2024, marking o...

About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Ivanhoe and Gécamines Host Ceremony Commemorating the Start of Construction Activities at the Historic Kipushi MineProduction from Kipushi's ultra-high-grade Big Zinc deposit targeted for late 2024, marking one hundred years since the mine first openedCeremony attended by DRC Prime Minister and other DRC national and provincial dignitariesMemorandum of understanding signed with Province of Haut-Katanga to study upgrade of the Kipushi border crossingKipushi, Democratic Republic Congo--(Newsfile Corp. - September 12, 2022) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) President Marna Cloete is pleased to announce that Kipushi Corporation SA (KICO), a joint venture between Ivanhoe and DRC state-owned mining company Gécamines, recently hosted a breaking-ground ceremony to commemorate the start of construction of the processing plant at the historic Kipushi zinc-copper-germanium-silver mine. In addition, Ivanhoe signed a memorandum of understanding (MOU) with the provincial government of Haut-Katanga to study options for upgrading the DRC-Zambia border crossing in the town of Kipushi for commercial imports and exports. The ground-breaking ceremony was attended by His Excellency Jean-Michel Sama Lukonde, Prime Minister of the Democratic Republic of the Congo, Her Excellency Adèle Kayinda Mahina, Minister of State and Minister of Portfolio, Her Excellency Antoinette N'Samba Kalambayi, Minister of Mines, members of the provincial government of the Haut-Katanga Province and other national, provincial and local dignitaries, in addition to representatives from Ivanhoe, Gécamines and the town of Kipushi.Watch a short video of the breaking-ground ceremony:https://vimeo.com/747988477/f35f2f8911The delegation was presented with the development plan for returning the Kipushi mine to production by late 2024 - one hundred years since it was first opened and 30 years since it was placed on care and maintenance. The ceremony follows the outstanding results of the Kipushi 2022 Feasibility Study, announced in February 2022, as well as the agreement signed between Ivanhoe Mines and Gécamines to bring the Kipushi mine back into production.Jean-Michel Sama Lukonde, Prime Minister of the Democratic Republic of the Congo (right) and the government delegation were welcomed by Marna Cloete, President of Ivanhoe Mines (centre), and ...