Business
Ivanhoe Mines Announces Kamoa-Kakula Copper Production Guidance for 2026 and 2027 as Recovery Plan Advances
2026 copper production range 380,000 to 420,000 tonnes and 2027 copper production range 500,000 to 540,000 tonnes2026 copper sales expected to exceed...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"2026 copper production range 380,000 to 420,000 tonnes and 2027 copper production range 500,000 to 540,000 tonnes","length":113,"tagName":"p","attribs":{}},{"type":"text","content":"2026 copper sales expected to exceed production as surplus concentrate inventory at smelter is cleared; first feed is expected at the end of December","length":149,"tagName":"p","attribs":{}},{"type":"text","content":"Medium-term annualized copper production target maintained at 550,000 tonnes","length":76,"tagName":"p","attribs":{}},{"type":"text","content":"Kakula Mine Stage 2 dewatering progressing well at over 60% complete; high-capacity submersible pumps lowered to continue dewatering efforts","length":140,"tagName":"p","attribs":{}},{"type":"text","content":"Johannesburg, South Africa--(Newsfile Corp. - December 3, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete announce today Kamoa-Kakula's copper production guidance for 2026 and 2027, as well as an update on the Kakula Mine's dewatering activities.","length":348,"tagName":"p"},{"type":"text","content":"Dewatering of the Kakula Mine is progressing well, with dewatering approximately 70% complete on the western side of the mine and 60% complete on the eastern side. To date, 13.4 kilometres of underground workings have been rehabilitated and made safe for resumption of operations, including 4.6 kilometres which were dewatered.","length":327,"tagName":"p"},{"type":"text","content":"Positive progress to date on underground rehabilitation, along with ongoing mine planning, provides Kamoa-Kakula's management team with sufficient confidence to issue copper production guidance of 380,000 to 420,000 tonnes for 2026 and 500,000 to 540,000 tonnes for 2027. Kamoa-Kakula is still targeting medium-term production of approximately 550,000 tonnes. An updated life-of-mine plan for Kamoa-Kakula is on target for completion in late Q1 2026.","length":454,"tagName":"p"},{"type":"text","content":"Following the commencement of the Kamoa-Kakula Copper Smelter as announced on December 1, 2025, copper sales in 2026 are expected to be higher than copper production as the on-site inventory of unsold copper concentrate is destocked by approximately 20,000 tonnes of copper.","length":274,"tagName":"p"},{"type":"text","...