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Contact IVN >Up to 10,000 tonnes of copper concentrate to be exported via Angolan Lobito Ocean Port in Q4 2023MOU is first commercial agreement under new concession for exporting metals from the DRC using the Lobito Atlantic Rail CorridorDistance from Kamoa-Kakula to Lobito Port is just over half that compared with Durban, South AfricaRail corridor passes through Ivanhoe's Western Foreland licences and within five kilometres of Kamoa-KakulaRail corridor set to transform economic and social development of the DRC, as well as its neighbouring countries, accelerating regional industrializationThe ceremony cel...
Kamoa-Kakula Copper Complex sold 101,526 tonnes of payable copper in Q2 2023 and recognized record quarterly revenue of $702 million and EBITDA of $457 millionIvanhoe Mines recorded Adjusted EBITDA of $172 million for Q2 2023, compared with $101 million for the same period in 2022Ivanhoe Mines recorded a quarterly profit of $87 million, driven by income from the Kamoa-Kakula joint venture of $123 millionKamoa-Kakula's quarterly cost of sales total $1.24 per lb. of payable copper; C1 cash costs of $1.41 per lb. at the lower end of guidanceIvanhoe Mines announces significant preliminar...
Results indicate a significant improvement in total recoveries can be achieved by liberating copper from tailings streamBased on these results, Kamoa-Kakula can further increase production, revenues and cash flowKolwezi, Democratic Republic Congo--(Newsfile Corp. - July 27, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete are pleased to provide an update on preliminary test work conducted to improve copper recovery at the Kamoa-Kakula Copper Complex.Ivanhoe Mines' Founder and Executive Co-Chairman, Robert Friedland commented: "Despi...
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