The first blast for the box cut for Shaft 2 was successfully completed on April 12, 2018, at the Platreef platinum, palladium, rhodium, gold, nickel, copper and gold mine development project in South Africa. The box cut will be excavated to a depth of 29 metres below surface to allow for the construction of the concrete foundation for the 103-metre-tall headframe that will house Shaft 2’s permanent hoisting facilities. Excavation of the box cut is expected to be complete around the end of 2018.
February 26, 2018: Ivanhoe Mines announced that the company has completed an independently verified, updated Mineral Resource estimate for the ultra-high-grade Kakula Discovery on the Kamoa-Kakula Copper Project, near the mining centre of Kolwezi in the Democratic Republic of Congo.
Ivanplats issues positive definitive feasibility study for the Platreef Mine
July 31, 2017: Ivanhoe releases positive results of an independent definitive feasibility study for the planned first phase of its Platreef platinum-group elements, nickel, copper and gold mine in South Africa.
November 28, 2017: A new PEA for the development of the Kamoa-Kakula Copper Project analyzes an initial, two-stage, modular, 12 million-tonne-per-annum operation – supplied by two adjacent six million-tonne-per-annum mines and a direct-to-blister smelter – yielding an after-tax NPV8% of US$7.2 billion and an IRR of 33% over a 44-year mine life.
Combined production of 12 Mtpa would rank Kamoa-Kakula among the world’s five largest copper mines.
October 3, 2017: Ivanhoe Mines and Fio Corporation report significant advances from innovative initiative to combat malaria
The ground-breaking Know for Sure campaign has introduced integrated diagnostic and data technology to provide automated, rapid and reliable testing and real-time reporting in the DRC provinces of Haut-Katanga and Lualaba – two malaria-burdened regions that host Ivanhoe’s Kipushi Project and the Ivanhoe-Zijin joint venture Kamoa-Kakula Project. A total of 248 private and public health facilities now offer on-the-spot malaria testing services.
Ivanhoe Mines believes in being a good corporate citizen and neighbour. Our "Corporate Citizenship, Statement of Values and Responsibilities" reflects the obligations and partnerships that naturally accompany the various permissions that we receive from the communities in which we operate.
Exploration and development of underground mines at the Kakula and Kamoa deposits. Kamoa-Kakula is Africa's largest high-grade copper discovery in a previously unknown extension of the Central African Copperbelt.
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