Business
Ivanhoe Mines Announces Stage Two Dewatering of Kakula Mine to Commence Imminently
Kamoa-Kakula 2026/2027 production guidance to be reinstated in September, updated long-term integ...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Ivanhoe Mines Announces Stage Two Dewatering of Kakula Mine to Commence ImminentlyKamoa-Kakula 2026/2027 production guidance to be reinstated in September, updated long-term integrated mine plan targeted for Q1 2026Copper grades from the Kakula Mine expected to improve towards year-end as underground water levels subside, enabling access to higher-grade areasSelective mining within existing Kakula Mine eastern workings expected to commence in Q1 2026Completion of 178 MW Turbine #5 refurbishment at Inga II hydroelectric facility expected in coming weeks Johannesburg, South Africa--(Newsfile Corp. - August 25, 2025) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President and Chief Executive Officer Marna Cloete announced today an operational update on dewatering and rehabilitation activities at the Kamoa-Kakula Copper Complex. Following the seismic activity that occurred at the Kakula Mine in May 2025, Kamoa-Kakula's engineering team implemented a three-stage plan to dewater the Kakula Mine. \"Stage One\" dewatering activities to stabilize and maintain current water levels were completed on June 2, 2025. \"Stage Two\" dewatering activities are expected to commence imminently. Stage Two dewatering consists of the installation of four new high-capacity, submersible pumps and new permanent surface infrastructure to dewater the eastern side of the Kakula Mine from surface. Kamoa-Kakula's engineering team ordered the Stage Two high-capacity, submersible pumps, each rated with a pumping capacity of 650 litres per second, from Hefei Hengda Jianghai Pump Co., Ltd. of Anhui Province, China. Four of the five pumps have been delivered and are undergoing installation. The remaining pump will be shipped at a later date and kept in reserve as a spare.Representatives from Hefei Hengda Jianghai Pump Co., Ltd are currently on-site overseeing the installation of the submersible pumps, alongside Kamoa-Kakula's project engineering team. The 4.2 megawatt (MW) submersible pumps are being installed in pairs down two adjacent, existing 400-metre shafts that access a deep section of the eastern side of the Kakula Mine, as shown in Figure 1. The pumps, as well as the associated valves and piping, are currently being lowered into place from the surface. The submersible pumps will be fully submerged until the end of Novem...