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  • Ivanhoe Mines Files NI 43-101 Technical Report on the Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo 2016-05-27

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated May 2, 2016, the company has filed a National Instrument 43-101 (NI 43-101) technical report on the preliminary economic assessment (PEA) for the redevelopment of the historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. The Kipushi Project is operated by Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the state-owned mining company.

  • Ivanhoe Mines Files NI 43-101 Technical Report on the Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo 2016-05-27

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated May 2, 2016, the company has filed a National Instrument 43-101 (NI 43-101) technical report on the preliminary economic assessment (PEA) for the redevelopment of the historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. The Kipushi Project is operated by Kipushi Corporation (KICO), a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the state-owned mining company.

  • Kipushi PEA places Ivanhoe’s DRC redevelopment project in league of its own 2016-05-03
    Africa-focused project developer Ivanhoe Mines has reported strong operating metrics for the high-grade Kipushi zinc/copper mine, in the Democratic Republic of Congo (DRC), after publishing a new preliminary economic assessment (PEA) Monday. The PEA, conducted by consulting engineering firms OreWin, of Adelaide, Australia, and the MSA Group, of Johannesburg, South Africa, calculated an after-tax net present value at an 8% real discount rate of $533-million, and an after-tax internal rate of return of 30.9%.
  • Ivanhoe Mines Announces a Positive Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo 2016-05-02

    Preliminary mine redevelopment plan focuses on Kipushi's Big Zinc Zone and includes a two-year construction period and life-of-mine average annual production rate of 530,000 tonnes of zinc concentrate

    Kipushi's Big Zinc Zone has an estimated 10.2 million tonnes of Measured and Indicated Mineral Resources grading 34.9% zinc

    Post-tax NPV of US$533 million and 31% IRR

    Successful planned restoration of production would make Kipushi the world's highest grade major zinc mine

  • Ivanhoe Mines Announces a Positive Preliminary Economic Assessment for the Redevelopment of the Kipushi Zinc-Copper Project in the Democratic Republic of Congo 2016-05-02

    Preliminary mine redevelopment plan focuses on Kipushi's Big Zinc Zone and includes a two-year construction period and life-of-mine average annual production rate of 530,000 tonnes of zinc concentrate

    Kipushi's Big Zinc Zone has an estimated 10.2 million tonnes of Measured and Indicated Mineral Resources grading 34.9% zinc

    Post-tax NPV of US$533 million and 31% IRR

    Successful planned restoration of production would make Kipushi the world's highest grade major zinc mine

Related News

  • Xtract raises funds to revive Mozambique mine 2016-11-03
    Xtract Resources has entered into a £980 000 subscription agreement with YA II EQ to provide additional working capital to further develop its Manica gold mine, in Mozambique. Xtract chairperson Colin Bird reiterated that the company was now solely focused on its Manica project after having stopped investing in the Chepica gold/copper mine, in Chile.
  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

  • Eastmain Resources Reports Initial Drilling and Channel Sampling Results for Eleonore South, James Bay Region, Quebec 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) is pleased to announce the reports of the Moni gold prospect channel sampling results and the first five diamond drill holes of the 12-hole Phase 1 Program (see FIGURES 1 - 4 and TABLE 1 attached). Assays are pending on the remaining seven holes. The results of the entire Phase 1 program will be used to determine the Phase 2 program expected to begin in early 2017 at the Éléonore South Joint Venture Property, in James Bay, Quebec.

  • South32 makes first acquisition, pays $200m for Peabody mine in Australia 2016-11-03
    iversified miner South32 has made its first acquisition since demerging from major BHP Billiton, spending $200-million on US major Peabody Energy’s Metropolitan colliery and its 16.67% stake in the Port Kembla coal terminal, in New South Wales. “The Metropolitan colliery is a natural fit within our portfolio and the acquisition is consistent with our strategy to invest in high-quality mining operations where we can create value,” Souht32 CEO Graham Kerr said on Thursday.
  • Pasinex Resources Announces High Grade DSO Sulphide Mineral Sale from the 50% owned Pinargozu Zn Mine 2016-11-03

    TORONTO, ONTARIO--(Marketwired - Nov. 3, 2016) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced its first sale of direct shipping (DSO) high-grade zinc sulphide material from its 50%-owned Pinargozu zinc mine in Turkey. The joint venture company Horzum AS reported a sale of 991 tonnes averaging 46.82% Zn. The approximate value of the product realized was over US$700 per tonne.

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