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Kipushi Data

Kipushi Information

  • General 2015-05-10
    One of the richest zinc deposits in the world, the project has been surrounded by uncertainty. Conitinued exploration and a normalization of the ownership should result in this mine coming back into production.

Related News

  • Congo miner challenges Freeport sale of Tenke mine in international court 2016-10-19
    Democratic Republic of Congo state miner Gecamines has challenged Freeport McMoRan Inc's sale of its majority stake in the Tenke copper mine at the International Court of Arbitration in Paris, Gecamines said on Wednesday. Gecamines Secretary-general Deogratias Ngele told Reuters that Gecamines had asserted a right of first offer following Freeport's agreement in May to sell its 56% stake in Tenke, one of the world's largest copper mines, to China Molybdenum for $2.65-billion.
  • Ivanhoe releases maiden Kakula resource, confirms project as Africa’s largest-ever copper ... 2016-10-13
    Following the release of a maiden resource statement for the Kamoa/Kakula project, Africa-focused project developer Ivanhoe Mines has confirmed the Democratic Republic of Congo- (DRC-) based project as the largest copper discovery ever made on the continent. The company on Wednesday published a technical report prepared by US-based firm Amec Foster Wheeler, outlining a compliant indicated resource totalling 192-million tonnes grading 3.45% copper, containing 14.6-billion pounds of the red metal at a 1% copper cutoff.
  • Kamoa-Kakula Project Now Demonstrated to Be the Largest Copper Discovery Ever Made on the African Continent 2016-10-12

    Kamoa-Kakula Ranks Among the World's 10 Largest Copper Deposits - and Stands as the World's Largest, High-Grade Copper Deposit - Following a New Mineral Resource Estimate

    Kakula - the Second Major Discovery at Kamoa - Contains Indicated Mineral Resources Estimated at 66 Million Tonnes at 6.59% Copper Plus Inferred Resources of 27 Million Tonnes at 5.26% Copper, at a 3% Cut-Off

    Kakula Also Contains Indicated Mineral Resources Estimated at 192 Million Tonnes at 3.45% Copper Plus Inferred Resources of 101 Million Tonnes at 2.74% Copper, at a 1% Cut-Off

    Kakula's Addition Boosts the Combined Kamoa-Kakula Indicated Mineral Resources to 944 Million Tonnes at 2.83% Copper Plus Inferred Resources of 286 Million Tonnes at 2.31% Copper, at a 1% Cut-Off

  • Initial Mineral Resource Estimate for High-Grade Kakula Discovery Expected to Be Issued by Ivanhoe Mines Next Week 2016-10-06

    KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO--(Marketwired - Oct. 6, 2016) - Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN), and Lars-Eric Johansson, Chief Executive Officer, announced today that Kamoa Copper expects to issue the initial Mineral Resource estimate for the Kakula Discovery during the week of October 10, 2016.

  • Freeport’s Congo mine sale faces more objections from Gecamines 2016-09-23
    Gecamines, the State-owned miner in the Democratic Republic of Congo, said any decision by Lundin Mining to also withdraw from the Tenke Fungurume copper mine could present another obstacle to Freeport McMoRan’s proposed sale of its stake in the project. By exiting at the same time and transferring full ownership of the project to new parties without securing Gecamines’ approval, Lundin and Freeport would be further violating the state-owned miner’s rights, Chairman Albert Yuma said by e-mail Friday. Gecamines must be permitted to match the offers for the stake, or it could stop any deal going through, he said.

Nearby Location News

  • 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 Issues 2015 Year-End Results and Review of Operations 2016-03-24

    Mine construction and upgrading activities at Ivanhoe's three key development projects in Sub-Saharan Africa highlight Ivanhoe's achievements in 2015

  • Ivanhoe Mines Files NI 43-101 Technical Report for the Independent Mineral Resource Estimate for Its Historic Kipushi Mine in the Democratic Republic of Congo 2016-03-12

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated January 27, 2016, the company has filed a National Instrument 43-101 technical report on the new, independent, Mineral Resource estimate for the company's historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the Democratic Republic of Congo's state-owned mining company.

Kipushi News

  • 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 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 Issues 2015 Year-End Results and Review of Operations 2016-03-24

    Mine construction and upgrading activities at Ivanhoe's three key development projects in Sub-Saharan Africa highlight Ivanhoe's achievements in 2015

  • Ivanhoe Mines Files NI 43-101 Technical Report for the Independent Mineral Resource Estimate for Its Historic Kipushi Mine in the Democratic Republic of Congo 2016-03-12

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated January 27, 2016, the company has filed a National Instrument 43-101 technical report on the new, independent, Mineral Resource estimate for the company's historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines (68%) and Gécamines (32%), the Democratic Republic of Congo's state-owned mining company.

  • Ivanhoe Mines Reports Independent Mineral Resource Estimate for Its Historic Kipushi Mine in the Democratic Republic of Congo 2016-01-27

    Big Zinc Zone estimated to contain Measured and Indicated Mineral Resources of 10.2 million tonnes at 34.89% zinc, containing 7.8 billion pounds of zinc

    In addition, adjacent zones contain copper-rich Measured and Indicated Mineral Resources of 1.6 million tonnes at 4.01% copper, containing 144 million pounds of copper

Nearby Locations

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