Business
Kamoa-Kakula Phase 1 Concentrator Mills Approximately 320,000 Tonnes of Ore Grading 6.0% Copper in September, Exceeding Steady-State Design Throughput
A record 16,010 tonnes of copper produced in the month ended September 20 More than 46,750...
About this update from Ivanhoe Mines Ltd. Class A
[{"type":"text","content":"Kamoa-Kakula Phase 1 Concentrator Mills Approximately 320,000 Tonnes of Ore Grading 6.0% Copper in September, Exceeding Steady-State Design ThroughputA record 16,010 tonnes of copper produced in the month ended September 20More than 46,750 tonnes of copper produced year-to-date to September 202021 production guidance range for copper in concentrate raised to 85,000 to 95,000 tonnesFloated concentrate grade improved to 55.7% copper; average plant flotation recovery increased to 85.1%; both nearing nameplate designPhase 2 concentrator construction now more than 50% completeMining crews delivered 384,000 tonnes of ore grading 5.58% copper in September, including 141,000 tonnes grading 7.32% copper from the centre of the Kakula MineSurface ore stockpiles continue to grow; now hold 3.66 million tonnes grading 4.73% copper, containing more than 173,000 tonnes of copperKolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 30, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng \"Miles\" Sun announced that ramp-up of Kamoa-Kakula's Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant continues to advance ahead of schedule, with 319,795 tonnes of ore milled in September, exceeding the monthly design run rate of 316,667 tonnes at an average feed grade of 6.0% copper. A total of 16,010 tonnes of copper in concentrate were produced (filtered product) and a total of 16,503 tonnes floated in the reporting month ended September 20th - Kamoa Copper's fourth full month of production - establishing a new monthly record and nearing the Phase 1 target output of 16,666 tonnes per month, or 200,000 tonnes per annum. The difference between filtered and floated copper is approximately 500 tonnes in inventory in the concentrate thickener and the filter feed tank.The average floated concentrate copper grade in September improved to 55.7%, up from approximately 48% in August. A total of 46,764 tonnes of copper in concentrate had been produced year-to-date as of September 20, 2021, for delivery to either the Lualaba Copper Smelter near Kolwezi, or to international markets. Copper flotation recoveries improved to an average of 85.1% during September, up from an average of 83% during August. The Phase 1, steady-state-design copper recovery is approximately 86%, depending on ore feed grade.A daily recor...