Ivanhoe Mines to Release 2021 Production Figures and 2022 Production and Cost Forecast for the Kamoa-Kakula Copper Complex on January 10
Kolwezi, Democratic Republic of Congo – (Newsfile Corp. – January 4, 2022) – Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced that the company plans to Issue the 2021 year-end production results, along with production and cost forecasts for 2022, for the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC) on Monday, January 10, 2022.
The Kamoa-Kakula copper project is a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the government of the Democratic Republic of the Congo ( 20%). A 2020 independent audit of Kamoa-Kakula greenhouse gas intensity measurements conducted by Hatch Ltd. of Mississauga, Canada, confirmed that the project will be among the lowest emitters of greenhouse gases in the world per unit of copper produced.
About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three main projects in southern Africa: the development of new major mechanized underground mines in the Kamoa-Kakula copper discoveries in the Democratic Republic of the Congo and at Platreef palladium-rhodium- platinum – the discovery of nickel-copper-gold in South Africa; and the extensive redevelopment and modernization of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of the Congo.
Kamoa-Kakula started producing copper concentrates in May 2021 and, through gradual expansions, is able to become one of the largest copper producers in the world. Kamoa-Kakula is powered by clean, renewable hydrogenated electricity and is expected to be among the lowest emitters of greenhouse gases in the world per unit of metal produced. Ivanhoe Mines is committed to achieving zero net greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula copper mine. Ivanhoe is also exploring new copper discoveries on its Western Foreland exploration permits in the Democratic Republic of the Congo, near the Kamoa-Kakula project.
Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604.558.1034
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