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Ivanhoe Mines Provides 2024 Production Results, 2025 Production Guidance
Kamoa-Kakula produced record 437,061 tonnes of copper in concentrate in 2024 Kamoa-Kakula qua...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Ivanhoe Mines Provides 2024 Production Results, 2025 Production GuidanceKamoa-Kakula produced record 437,061 tonnes of copper in concentrate in 2024 Kamoa-Kakula quarterly production record of 133,819 tonnes of copper, a quarter-on-quarter increase of 15%, and monthly production record of 47,058 tonnes in DecemberKamoa-Kakula sets 2025 production guidance at between 520,000 and 580,000 tonnes of copperSmelter commissioning may be delayed by up to three months following limited fire damage to back up generation capacity, expedited repairs underwayKipushi produced 50,307 tonnes of zinc in concentrate in 2024, including a monthly record 14,900 tonnes in December as ramp-up approaches nameplate capacityKipushi sets 2025 production guidance at between 180,000 and 240,000 tonnes of zincIvanhoe Mines provides update to 2025 capital expenditure guidanceIvanhoe Mines to issue 2024 financial results after market close on February 19, host conference call for investors on February 20Johannesburg, South Africa--(Newsfile Corp. - January 8, 2025) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete announced today the company's fourth quarter and full-year production results for the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) and the ultra-high-grade Kipushi zinc mine, also in the DRC. In addition, the company has announced its 2025 production guidance for Kamoa-Kakula and Kipushi, as well as updated 2025 group capital expenditure guidance.Watch the video summarizing Kamoa-Kakula's 2024 operational highlights and future production guidance: https://vimeo.com/1044780723/a114ecda2d?share=copyTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3396/236422_b6c4a9cc34f15a7a_002full.jpgKamoa-Kakula delivers another record-breaking year with 437,061 tonnes of copper produced in 2024, a year-on-year increase of 12%Kamoa-Kakula delivered record production in 2024 of 437,061 tonnes of copper in concentrate, a 12% year-on-year increase, following the ramp up of the Phase 3 concentrator in the second half of 2024.Production for the fourth quarter of 133,819 tonnes of copper in concentrate, a 15% increase from the third quarter, is also a record. This was a result of strong performance from the Phase 1 and 2 concentrators, d...