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Kamoa-Kakula Copper Mines 339,000 Tonnes of Ore Grading 5.50% Copper in February, Including 107,000 Tonnes Grading 9.01% Copper from the High-Grade Centre of the Kakula Mine, Setting a New Production Record
Volume of ore from underground mining now exceeding steady-state monthly requirements of the ...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Kamoa-Kakula Copper Mines 339,000 Tonnes of Ore Grading 5.50% Copper in February, Including 107,000 Tonnes Grading 9.01% Copper from the High-Grade Centre of the Kakula Mine, Setting a New Production RecordVolume of ore from underground mining now exceeding steady-state monthly requirements of the Phase 1, 3.8-Mtpa concentrator Pre-production ore stockpiles now hold 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copperMajor conveyor belt changeover to permanent configuration completed in February, with underground ore now directly delivered to the surface stockpile Overall progress of Kamoa-Kakula's first phase, 3.8-Mtpa mining and milling operation now 78% complete; initial commissioning underway at the concentrator and first copper production on track for July 2021Phase 2 expansion to 7.6 Mtpa progressing well toward a Q3 2022 start-upPotential for sustained higher copper prices further improves outstanding project economics Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - March 1, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng \"Miles\" Sun are pleased to announce that underground ore production at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) has for the first time exceeded the steady-state requirements of the Phase 1, 3.8-million-tonne-per-annum (Mtpa) concentrator plant. In February, the project mined and stockpiled 339,000 tonnes of ore grading 5.50% copper from the Kakula and Kansoko mines. The tonnage was 13% higher than January, while the copper grade continued to trend higher. The new production record in February was achieved even with undertaking the scheduled conveyor belt changeover to the permanent configuration at the Kakula Mine, which limited underground ore haulage for one week. The 339,000 tonnes mined in February include 47,300 tonnes grading 4.62% copper from the Kansoko Mine, establishing a new monthly production record at Kansoko. The total tonnage mined also includes 107,000 tonnes grading 9.01% copper from the high-grade centre of the Kakula Mine. The project's pre-production surface stockpiles now contain approximately 2.16 million tonnes of high-grade and medium-grade ore at an estimated blended average of 4.44% copper. Contained copper in the stockpiles increased by approximately 19,000 tonnes...