Ivanhoe Mines Announces Pricing of US$500 Million Convertible Senior Notes Offering
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has priced its previously announced private placement offering of US$500,000,000 aggregate principal amount of 2.50% convertible senior notes due 2026 (the "Notes" and the "Offering"). The company also granted the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or...
2021-03-11 10:49 PM EST
Ivanhoe Mines Announces Offering of US$500 Million Convertible Senior Notes
Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering"). The company intends to grant the initial purchasers of the Notes an option to purchase up to an additional US$75,000,000 aggregate principal amount of Notes, exercisable in whole or in part at any time...
2021-03-11 7:11 AM EST
Ivanhoe Mines Issues 2020 Full-Year Results and Review of Mine Construction Progress and Exploration Activities
Phase 1 construction at the 3.8-Mtpa Kakula Copper Minein D.R. Congo approximately 80% complete;commissioning of concentrator plant now underway,with initial production on track for July 2021 Kamoa-Kakula's pre-production ore stockpiles hold more than 2.16 million tonnes grading 4.44% copper, containing more than 95,000 tonnes of copper Kakula's Phase 2 expansion, scheduled for Q3 2022, will double concentrator throughput to 7.6 Mtpa and annual copper output up to approximately 400,000 tonnes...
2021-03-08 7:30 AM EST
Ivanhoe Mines Invites You on a Virtual Site Tour of the Kamoa-Kakula Mine, Now Approximately 80% Complete and Soon to Join the Ranks of the World's Major Copper Producers
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - March 5, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to invite shareholders, investors and stakeholders to view a new virtual site tour video that was prepared as part of the company's participation in BMO Capital Markets' annual Global Metals & Mining Conference. The video features members of the talented, multinational team that is rapidly constructing the tier-one Kamoa-Kakula Copper Mine in the Democratic Republic of...
2021-03-05 12:24 PM EST
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 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 copper Major 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%...
2021-03-01 7:10 AM EST
Ivanplats Arranging Project-level Financing of up to US$420 Million to Advance Development of the World-scale Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project in South Africa
Mokopane, South Africa--(Newsfile Corp. - February 16, 2021) - Iva
2021-02-16 7:30 AM EST
Ivanhoe Mines Plans Expansive 2021 Copper Exploration Program on Its 100%-Owned Western Foreland Licences Adjacent to Kamoa-Kakula Copper Mine
Ivanhoe now holds 175 kilometres of strike in the highly-prospective Western Foreland district that hosts the prolific Kamoa and Kakula copper deposits, the first discoveries within this previously unrecognized region of the Central African Copperbelt New assay results confirm strike extension of Kamoa North high-grade copper trend for at least 800 metres on Ivanhoe's 100%-owned Kiala Discovery, including copper grades up to 12.40% over 5.53 metres Ivanhoe now holds 35 kilometres of...
2021-02-10 7:59 AM EST
Ivanhoe Mines Congratulates Felix Tshisekedi, President of the Democratic Republic of Congo, on His Appointment as Chairperson of the African Union
Kinshasa, Democratic Republic of Congo--(Newsfile Corp. - February 8, 2021) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), today extend their congratulations to Felix Tshisekedi, President of the Democratic Republic of Congo, on his appointment as the new Chairperson of the African Union for 2021. President Tshisekedi takes over the position from Cyril Matamela Ramaphosa, President of the Republic of South Africa, who has concluded his...
2021-02-08 7:00 AM EST
Kamoa-Kakula Copper mines 300,000 tonnes of ore in January grading 5.45% copper, including 82,000 tonnes grading 8.80% copper from the high-grade centre of the Kakula Mine
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - February 1, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that undergro
2021-02-01 7:10 AM EST
Kamoa-Kakula Copper Project Mines and Stockpiles 269,000 Tonnes of Ore from the Kakula and Kansoko Mines in December, at an Average Grade of 5.36% Copper, Including 55,000 Tonnes Grading 8.75% Copper from the High-Grade Centre of the Kakula Mine
Pre-production ore stockpiles now hold 1.52 million tonnes grading 4.03% copper, containing more than 61,000 tonnes of copper Record underground development of 2,792 metres completed in December; more than 29.8 kilometres now complete - 10.5 kilometres ahead of plan Remarkable thickness of the high-grade copper ore in the centre of the Kakula Mine has allowed the expansion of development drifts in this area to 10 metres high by 7.5 metres wide (75 square metres) Overall progress of...
2021-01-05 7:15 AM EST
Ivanhoe Mines Files a New NI 43-101 Technical Report for the Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project in South Africa
Mokopane, South Africa--(Newsfile Corp. - December 10, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has filed a new National Instrument 43-101 (NI 43-101) technical report covering the Platreef Integrated Development Plan 2020 (Platreef IDP20). The updated NI 43-101 technical report includes an independent feasibility study (Platreef 2020 FS) for the development of the Platreef Project as a 4.4-million-tonne-per- annum (Mtpa) underground mine with two new...
2020-12-10 1:16 PM EST
Ivanhoe Mines Invites You to Take a Virtual Site Tour of the Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project
Johannesburg, South Africa--(Newsfile Corp. - December 4, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to announce the high-resolution site tour video, showcasing the talented team that is developing the world-scale Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa. The link to the high-resolution version of the Platreef site tour video is: https://bit.ly/33C8sx2. "The site tour video allows everyone to meet members of the team that is...
2020-12-04 9:33 AM EST
Kamoa-Kakula Copper Project Mines a Record 250,000 Tonnes of Development Ore Grading 4.85% Copper in November, Accelerating Both Grade and Tonnage of Copper Ore Added to the Project's Surface Stockpiles
Pre-production ore stockpiles now hold 1.25 million tonnes grading 3.75% copper, containing more than 46,700 tonnes of copper Underground development totalling 2,163 metres completed in November; more than 26.8 kilometres now complete - 9.0 kilometres ahead of plan Access to Kakula's +8% copper ore in the centre of deposit established with the connection of northern and southern main access tunnels in early November In November, Kakula's central connection development produced 93,000 tonnes...
2020-12-02 7:00 AM EST
Ivanhoe to Host an Investor Day on December 3, 2020, to Discuss New Feasibility Study and Phased-Development Plan for the World-Scale Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project
Johannesburg, South Africa--(Newsfile Corp. - December 1, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) is pleased to announce that it will hold its second virtual Investor Day on Thursday, December 3, 2020, to discuss the findings of the recently-announced independent engineering studies, including the accelerated phased development plan, for the world-scale Platreef palladium, platinum, rhodium, nickel, copper and gold project in South Africa. The Investor Day will include a virtual site...
2020-12-01 10:42 AM EST
Kamoa-Kakula Copper Project Secures US$420 Million in Project-Level Credit Facilities, Including a EUR 176 million (US$211 million) Covered Equipment Financing Facility with a US$9 million Down-Payment Facility, and a US$200 million Line of Credit from Zijin Mining
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - December 1, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that Kamoa Holding Limited, the joint-venture holding company of the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC), has secured an equipment financing facility
2020-12-01 7:15 AM EST
Ivanhoe Mines Announces Powerful Results of the Updated Feasibility Study (FS) for the World-Scale Platreef Palladium, Platinum, Rhodium, Nickel, Copper and Gold Project in South Africa
FS evaluates a 4.4-million-tonne-per-annum (Mtpa) underground mine with annual production of more than 500,000 ounces of palladium, platinum, rhodium and gold; plus more than 35 million pounds of nickel and copper, becoming a world-scale producer of critical "green metals" Weighted price of the 'basket' of the four precious metals contained in Platreef's ore more than $2,100 an ounce FS yields an after-tax NPV8% of US$1.8 billion and IRR of 20% at long-term consensus metal prices, and an...
2020-11-30 7:15 AM EST
Kakula Copper Mine's Northern and Southern Access Tunnels Successfully Connected
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - November 11, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun today announced a major milestone in the development of the tier one Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC), with the initial joining of the main northern and southern access tunnels at the Kakula Copper Mine ─ the first of multiple, high grade, underground copper mines to be developed on the...
2020-11-11 7:15 AM EST
Ivanhoe Issues Third Quarter Financial Results and Review of Mine Construction Progress and Exploration Activities
Toronto, Ontario--(Newsfile Corp. - November 9, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today announ
2020-11-09 7:05 AM EST
Ivanhoe Mines Reports Kamoa-Kakula Copper Project Achieves Another Monthly Record for Underground Development with 2,172 Metres Completed in October; More than 24.7 Kilometres Now Complete - 7.9 Km Ahead of Plan
Kolwezi, Democratic Republic of Congo--(Newsfile Corp.
2020-11-02 7:10 AM EST
Ivanhoe Mines Files an Updated NI 43-101 Technical Report for the Kamoa-Kakula Copper Project
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that the company has filed an updated National Instrument 43-101 (NI 43-101) technical report covering the Kamoa-Kakula Integrated Development Plan 2020 (Kamoa-Kakula IDP20). The updated NI 43-101 technical report includes the independent definitive feasibility study for the development of the Kakula Copper Mine; together with an updated pre-feasibility study that...
2020-10-22 10:53 AM EDT