Platreef Successfully Completes Sinking of Shaft 1 to its Final Depth of Approximately 1,000 Metres Below Surface
Mokopane, South Africa--(Newsfile Corp. - June 16, 2020) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's South African subsidiary, Ivanplats, has successfully completed the sinking of Shaft 1 to a final depth of 996 metres below sur
2020-06-16 7:10 AM EDT
Ivanhoe Mines Issues Its Third Annual Sustainability Report Showcasing the Company's Achievements Towards Its Goal of Producing the World's "Greenest Copper"
Toronto, Ontario--(Newsfile Corp. - June 8, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today the publication of its third annual Sustainability Report. The report provides an overview of Ivanhoe Mines' sustainability programs and initiatives conducted in 2019, highlights significant accomplishments achieved at its three mine development projects, and outlines new goals for current and future corporate activities. As Ivanhoe Mines rapidly advances towards its goal of producing...
2020-06-08 7:00 AM EDT
Kakula Copper Mine Underground Development Now 4.7 Kilometres Ahead of Schedule; More than 15.4 Kilometres Now Complete
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - June 3, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announc
2020-06-03 6:00 PM EDT
Copper Ore Grading 8% Currently Being Mined and Stockpiled at the Kakula Mine, with Underground Development Approximately 4.4 Kilometres Ahead of Schedule
Toronto, Ontario--(Newsfile Corp. - May 13, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today announced its financial results for the quarter ended March 31, 2020. Ivanhoe Mines is a
2020-05-13 7:15 AM EDT
Management and Corporate Optimization Targets Company-wide Cash Savings of up to US$75 Million to Strengthen Its Treasury of Approximately US$600 Million
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 27, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that underground development at the Kakula Copper Mine continues to advance ahead of schedule and that more than 13.5 kilometres of underground development is now completed, which is 4.2 kilometres ahead of plan. This month, the mining team
2020-04-27 7:15 AM EDT
Ivanhoe Mines Implements Extraordinary Measures to Safeguard Its People and Mitigate the Impact of COVID-19 on Its Mine Development Operations
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 2, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that, given the fast-evolving global impact of the COVID-19 pandemic, the company is providing further details on the rigorous protective measures it has implemented to protect the health and well-being of i
2020-04-02 7:15 AM EDT
Ivanhoe Mines Files an Updated NI 43-101 Technical Report for the Kamoa-Kakula Copper Project
Toronto, Ontario--(Newsfile Corp. - March 27, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announced today that, further to its news release of February 5, 2020, the company has filed an updated National Instrument 43-101 (NI 43-101) technical report covering an independently-verified, updated Mineral Resource estimate for the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC). The report is available on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website...
2020-03-27 2:00 PM EDT
Company Veteran Marna Cloete Promoted to the Role of President of Ivanhoe Mines
Toronto, Ontario--(Newsfile Corp. - March 11, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced that the company has promoted its Chief Financial Officer, Marna Cloete, to the position of President effective today, in addition to her existing role as Chief Financial Officer. Ivanhoe's current President, Tony S. Giardini, will leave Ivanhoe Mines after a short transition period. Ms. Cloete started her career in 2002 with...
2020-03-11 7:44 AM EDT
Ivanhoe Mines Issues 2019 Full-Year Results and Review of Mine Construction Progress and Exploration Activities
Excellent development progress being made at the high-grade Kakula Copper Mine in D.R. Congo, with initial production on track for third quarter of 2021 February 2020 Independent Resource Estimate boosts the combined Kamoa-Kakula Project Indicated Mineral Resources to 1.4 billion tonnes grading 2.7% copper, at a 1% cut-off Initial Indicated Mineral Resource estimate for the Kamoa North Bonanza Zone includes 1.5 million tonnes grading 10.7% copper, at a 5% cut-off Drilling extends the new...
2020-03-08 10:00 PM EDT
Ivanhoe Mines Announces That More than 8 Kilometres of Underground Development Has Been Completed at the High-grade Kakula Mine, Approximately 1.7 Kilometres Ahead of Schedule
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - February 24, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun announced today that underground development at the Kakula Copper Mine continues to advance ahead of schedule and that more than eight kilometres of underground devel
2020-02-24 7:30 AM EST
Ivanhoe Mines Reports That a Contractor's Employee Passed Away Due to Complications from a Broken Bone Incurred in a Workplace Accident at the Kamoa-Kakula Project
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - February 7, 2020) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) deeply regrets to report that a contractor's employee passed away yesterday due to fat embolism syndrome causing severe brain damage following a broken bone incurred in a workplace accident on January 21, 2020 at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo. Fat embolism syndrome is a rare, but life-threatening complication of long bone fractures. The...
2020-02-07 5:00 PM EST
Updated independently verified Indicated Mineral Resource again increases the Kamoa Copper Discovery to 256 million tonnes grading 4.15% copper, at a 3% cut-off
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - February 5, 2020) - Robert Friedland and Yufeng &
2020-02-05 1:00 AM EST
Ivanhoe Mines: Surging Palladium and Rhodium Prices Propel Platreef's 'Metals-Price Basket' to a New High
Mokopane, South Africa--(Newsfile Corp. - January 14, 2020) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the company's South African subsidiary, Ivanplats, is fast-tracking a feasibility study on a smaller-scale, early-stage development plan using Shaft 1 as a production shaft at its Platreef palladium, pl
2020-01-14 7:26 AM EST
Ivanhoe Mines' Senior Management Meet with Top DRC Government Officials to Provide Updates on Development Progress at the Kamoa-Kakula and Kipushi Projects
Kinshasa, Democratic Republic of Congo--(Newsfile Corp. - November 25, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), announced today that senior members of Ivanhoe Mines' management team met with high-ranking government officials in Kinshasa to congratulate them on their recent appointments and to provide updates on the development progress at Ivanhoe's Kamoa-Kakula and Kipushi joint-venture mining projects. The Ivanhoe team met with...
2019-11-25 7:25 AM EST
Ivanhoe Mines Issues Third Quarter Financial Results and Review of Mine Development and Exploration Activities
Ivanhoe and Zijin Mining have made excellent progress developing the Kakula Copper Mine in D.R. Congo, with initial production on track for Q3 2021 Capacity of Kakula's processing plant modules increased by 26%, from 3.0 Mtpa to 3.8 Mtpa each, significantly boosting projected early-stage copper production Additional mining crews to be added at Kakula to increase pre-production ore stockpile and to position the mine to accelerate expansion of the second phase of development Kakula's initial...
2019-11-08 12:01 AM EST
Joint Statement - Ivanhoe Mines and Ivanhoe Capital address information shortcomings in Financial Times article focused on the Kamoa-Kakula Project in the DRC
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2019) - A story in the London-based Financial Times, headlined "Robert Friedland, China and the rush for copper in the DRC" and initially published online October 28, 2019, contained factual errors and omitted pertinent information that could be misleading or convey incorrect and incomplete impressions to readers. The story focused on the Kamoa-Kakula copper project in the Democratic Republic of Congo. Ivanhoe Mines and Ivanhoe...
2019-11-04 4:45 PM EST
Palladium prices hit an all-time high of US$1,781 an ounce, propelling Ivanhoe's Platreef Project 'metals-price basket' to a new, multi-year high; Mine development progressing at Ivanhoe's Tier One palladium-platinum-nickel-copper-gold-rhodium mine development project in South Africa
Mokopane, South Africa--(Newsfile Corp. - October 17, 2019) - Ivanhoe Mines' (TSX: IVN) (OTCQX: IVPAF) Co-Chairmen Robert Friedland and Yufeng "Miles" Sun announced today that the spot price of palladium has reached another all-time high of US$1,781 an ounce. Recent increases in the price of palladium, nickel, rhodium and gold has resulted in the weighted price of the 'basket' of metals contained in the ore at the Platreef palladium-platinum-rhodium-nickel-copper-gold project to rise to a...
2019-10-17 6:45 AM EDT
Ivanhoe's Mark Farren appointed Chief Executive Officer of the Kamoa-Kakula Copper Joint Venture
Ivanhoe and Zijin install a stand-alone executive team to take Kamoa-Kakula to commercial production Louis Watum, Ivanhoe's DRC country manager, appointed President of the Board of Directors of Kamoa Copper SA and expands his role Senior Zijin Chief Operating Officer and three Congolese nationals strengthen Kamoa-Kakula's senior management team to help ensure a successful start-up of commercial production at the Kakula Copper Mine Mining veteran Warwick Morley-Jepson appointed as Ivanhoe's...
2019-10-08 6:57 AM EDT
Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Project
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 24, 2019) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) deeply regrets to report that a fatal accident involving a contractor's employee occurred today at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC). The accident involved a civil contractor at a surface cement batching plant. The Kamoa-Kakula senior management team is working with the DRC authorities to facilitate their investigation of the accident....
2019-09-24 12:23 PM EDT
Ivanhoe Mines: Kakula Underground Mine Development Has Reached the Edge of the High-Grade Ore as Mining Advances Toward Zones in Excess of 8% Copper
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 8, 2019) - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) are pleased to report that underground development at the Kakula Copper Mine now has reached the high-grade ore within the deposit. The advancement of the first connecting underground drift, designed to tunnel through the centre of the high-grade orebody and open up the mine's ini
2019-09-08 10:00 PM EDT