KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO – Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng “Miles” Sun announced that Kamoa-Kakula’s Phase 2, 3.8 million-tonne-per-annum (Mtpa) concentrator plant now is approximately 70% complete and is well on track to begin operations in Q2 2022.
As the Phase 1, 3.8-Mtpa concentrator plant is operating at steady-state design capacity, further production updates will be provided only on a quarterly basis. Ivanhoe’s 2021 production guidance for contained copper in concentrate produced from Kamoa-Kakula’s Phase 1 concentrator is 92,500 to 100,000 tonnes. The higher guidance numbers are reinforced by an excellent production performance in November, which saw a record 18,270 tonnes of copper in concentrate produced, bringing year-to-date output to more than 87,000 tonnes as at November 30, 2021. The figures are on a 100%-project basis and metal reported in concentrate is prior to refining losses or deductions associated with smelter terms.
Watch the latest video showcasing the expansion work underway at the Kamoa Copper Complex:https://vimeo.com/654809393/8ca99b13e3
Kamoa-Kakula’s 2021 copper production to the end of the year, as well as guidance for 2022 copper production, cost of sales and cash costs, including the start of Phase 2 operations, will be provided in January 2022.
357,000 tonnes of ore were milled in November at an average feed grade of 6.18% copper, exceeding the monthly design run rate of 316,667 tonnes by more than 12%.
Copper flotation recoveries averaged 85.4% in November. The Phase 1, steady-state design copper recovery is approximately 86%, depending on ore feed grade.
Construction of the second 3.8-Mtpa concentrator plant (Phase 2) continues to progress ahead of plan. Engineering, procurement and fabrication activities all are effectively complete. The main construction focus remains on the completion of structural steel erection and installation of platework, equipment and piping (SMPP). Electrical, control and instrumentation (EC&I) installation is advancing well, with numerous areas already handed over from the SMPP contractors to the EC&I contractors.
Both of the Phase 2 ball mills have been lifted into position and the girth gears installed. Installation of the lube system and pinion drive currently is underway. The final piece of major equipment for the Phase 2 concentrator plant, the high pressure grinding rolls (HPGR), has been lifted into position.
Electrical cable installation is advancing according to schedule. All the structural steel and platework, as well as the bulk of the piping, has been delivered to site. The last deliveries of piping are expected to arrive by mid-December. More than 580 truckloads of Phase 2 construction equipment and materials already have been delivered to site.
During November, the project’s construction team achieved 14.0 million fatality-free hours worked. This milestone underscores the strict safety culture of the Kamoa Copper construction team and contractors.
During its routine mass testing for new arrivals at the mine site, Kamoa Copper has recently identified a small number of COVID-19 infections. Any positive cases were quickly identified, isolated and treated, with cross contamination kept to a minimum, and there is no impact on operations. Kamoa also continues to focus intensively on rolling out vaccinations across the workforce and local communities. Maintaining this high standard of risk management remains a daily focus to prevent future cases.
Laetitia Kyungu, a safety officer with T3 Projects DRC, at the Phase 2 plant. T3 Projects, a leading electrical contractor, has been providing electrical, control and instrumentation installation services for Kamoa-Kakula’s first two phases.
Mining crews produce a record 548,000 tonnes of ore in November as mining ramps up in advance of the Phase 2 concentrator start-up
A total of 548,000 tonnes grading 5.46% copper was mined during the period from October 21 to November 20, including 362,000 tonnes grading 6.60% copper from the Kakula Mine’s high-grade centre and 63,000 tonnes grading 3.61% copper from the Kansoko Mine.
Mark Farren, CEO of Kamoa Copper, commented: “548,000 tonnes of ore mined is a major increase compared to our previous monthly record of 409,000 tonnes mined. We expect to see continued growth in monthly mine production as we introduce additional mining crews to fill the second concentrator. We remain firmly on track to start the Phase 2 concentrator production in Q2 2022.”
Production was boosted by the arrival of a new mining equipment supplied by Sandvik of Stockholm, Sweden. The new equipment is being used to ramp up mining operations in advance of the start of the Phase 2 concentrator plant.
The inflow of water from the water-bearing structure intersected in October at Kakula’s northern perimeter drift was brought under control in early November, and normal mining operations have resumed in the area.
The project’s surface stockpiles now contain approximately 3.92 million tonnes of high-grade and medium-grade ore at an estimated, blended average of 4.64% copper. Contained copper in the stockpiles at the end of November now totals more than 181,000 tonnes (the current copper price is approximately US$9,600 per tonne).
Kamoa-Kakula’s Phase 1 and 2 concentrator plants and the ore stockpiles at the Kakula northern declines. The blended stockpiles currently contain approximately 1.98 million tonnes grading 5.08% copper.
The Kakula southern decline and ore stockpiles containing a combined 1.32 million tonnes grading 4.34% copper (consisting of 465,000 high-grade tonnes @ 6.09% copper and 853,000 medium-grade tonnes @ 3.39% copper).
The Kansoko decline and ore stockpiles containing a combined 619,000 tonnes grading 3.86% copper (consisting of 194,000 high-grade tonnes @ 5.60% copper and 425,000 medium-grade tonnes @ 3.07% copper).
Kamoa-Kakula is projected to be the world’s highest-grade major copper mine, with an initial mining rate of 3.8 Mtpa at an estimated, average feed grade of more than 6.0% copper over the first five years of operations, and 5.9% copper over the initial 10 years of operations. Phase 1 is expected to produce approximately 200,000 tonnes of copper per year, while the Phase 2 expansion is forecast to increase production to approximately 400,000 tonnes of copper annually. Based on independent benchmarking, the project’s phased expansion scenario to 19 Mtpa would position Kamoa-Kakula as the world’s second-largest copper mining complex, with peak annual copper production of more than 800,000 tonnes.
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 Congo (DRC) (20%). A 2020 independent audit of Kamoa-Kakula's greenhouse gas intensity metrics performed by Hatch Ltd. of Mississauga, Canada, confirmed that the project will be among the world's lowest greenhouse gas emitters per unit of copper produced.
Study work for Phase 3 expansion advancing; excavation underway on a new box cut (Kamoa Mine decline) to open up the Kamoa mining footprint
The scope of Kamoa-Kakula’s Phase 3 expansion includes a third concentrator plant to be located adjacent to the Kansoko Mine (at the Kansoko Sud orebody), approximately 10 kilometres north of the Kakula Mine. The Phase 3 concentrator is being designed to have a larger nameplate milling capacity than the 3.8-Mtpa nameplate milling capacity of the Phase 1 and 2 concentrators.
The planned Phase 3 concentrator is expected to be supplied by ore from the established mine at Kansoko, as well as from two new planned mines, named Kamoa 1 and Kamoa 2. The Kamoa 1 and Kamoa 2 mining areas will be accessed via a twin-decline system (the Kamoa Mine decline) which now is under construction.
Phase 3 also includes the upgrade of turbine 5 at the Inga II hydropower complex to provide an additional 162 megawatts (MW) of renewable hydropower, and the construction of a direct-to-blister smelter, with a production capacity of 500,000 tonnes per annum of blister copper. On November 18, 2021, Kamoa Copper awarded China Nerin Engineering Co., Ltd. of Jiangxi, China, with the basic engineering contract for the smelter that will incorporate leading-edge technology supplied by Metso Outotec of Espoo, Finland.
The planned smelter is to be built adjacent to the Phase 1 and Phase 2 concentrator plants, and is designed to meet the International Finance Corporation’s emissions standards. The smelter has been sized to process the majority of the copper concentrate forecast to be produced by Kamoa-Kakula’s Phase 1, Phase 2 and Phase 3 concentrators. With a nameplate capacity of 500,000 tonnes per annum of blister copper, it is projected to be one of the largest, single-line blister-copper flash smelters in the world, and the largest in Africa. The next stages of project development will be the completion of basic engineering and the ordering of the long-lead items of equipment.
Study work on all aspects of the Phase 3 expansion is progressing well, with expected completion in Q2 2022, after which Kamoa Copper will advance into a more detailed phase of design and engineering work.
Mr. Farren noted: “We have made excellent progress on determining the best location of the new box cut that will be able to serve both the Kamoa 1 and Kamoa 2 mines from the same infrastructure. Geotechnical and hydrological work is almost complete for the decline system and earthworks began on the box cut on December 2, 2021.
“While we are in the process of refining the mine design and scheduling of the planned new mines at the Kamoa orebody, we believe that Phase 3 production could boost Kamoa-Kakula to become among the very largest copper mines. Phase 3 will include maximizing the potential of both the Phase 1 and 2 concentrators, as well as construction of a new, larger concentrator at the Kamoa Mine.
“We expect to start up the Phase 3 concentrator by the end of 2024. This timing is aligned with our Inga 2 hydropower project, where we expect to complete the refurbishment of the 162-megawatt turbine 5 in Q4 2024.”
Kamoa Copper’s green energy focus now on the Inga II hydropower plant as a source of additional clean electricity to power Kamoa-Kakula expansions
In August 2021, Kamoa-Kakula’s energy company signed an extension of the existing financing agreement with the DRC’s state-owned power company SNEL to upgrade turbine 5 at the Inga II hydropower complex. Since June 2021, rehabilitation scoping works and technical visits have been conducted by Stucky Ltd. of Renens, Switzerland, and Voith Hydro of Heidenheim, Germany, a leading engineering group. Voith Hydro, the contractor for the turbine 5 upgrade, has successfully rehabilitated two turbine generators at the adjoining Inga I hydropower plant, a project that was financed by the World Bank.
Turbine 5 is expected to produce 162 MW of renewable hydropower, providing the Kamoa-Kakula Copper Complex and the planned, associated smelter with abundant, sustainable electricity for future expansions. Early works related to the removal of sand from the area around turbine 5 is nearing completion, which will allow the engineering team to complete the scoping work. Dismantling of turbine 5, starting on the alternator level, has commenced. Basic engineering for the design of a new turbine wheel and runners is ongoing at Voith’s Heidenheim offices.
Kona Mumongo Grace, a farmer in the village of Kaponda, and his daughter Tshisola, with tangerine orange tree seedlings for planting at his home. The seedlings were among 3,200 donated by the Kamoa-Kakula Sustainable Livelihoods Program to promote sustainable development in local communities.
Disclosures of a scientific or technical nature regarding development scenarios at the Kamoa-Kakula Project in this news release have been reviewed and approved by Steve Amos, who is considered, by virtue of his education, experience and professional association, a Qualified Person under the terms of NI 43-101. Mr. Amos is not considered independent under NI 43-101 as he is Kamoa Copper’s Head of Projects. Mr. Amos has verified the technical data disclosed in this news release.
Other disclosures of a scientific or technical nature regarding the stockpiles in this news release have been reviewed and approved by George Gilchrist, who is considered, by virtue of his education, experience and professional association, a Qualified Person under the terms of NI 43-101. Mr. Gilchrist is not considered independent under NI 43-101 as he is the Vice President, Resources of Ivanhoe Mines. Mr. Gilchrist has verified the other technical data related to the stockpiles disclosed in this news release.
The stockpile grade estimates contained in this release are based upon bulk ore sampling from material being fed to the plant from surface stockpiles, and underground vertical channel sample profiles from recent development. Channel sample profiles are cut approximately 15 metres apart in 1-metre vertical increments across the full vertical exposure using a handheld grinder, with a 100-to-150-gram sample collected. The samples are pulverized at the project’s onsite laboratory and analyzed using a portable XRF (pXRF) instrument. Kamoa Copper has routinely analyzed its exploration drill core for copper using pXRF, in addition to analysis at a commercial laboratory using four acid digest and ICP-OES. This data has demonstrated that pXRF results can be relied upon for grade control and run-of-mine sampling. Due to rounding, numbers presented throughout this news release may not add up precisely.
Ivanhoe has prepared an independent, NI 43-101-compliant technical report for the Kamoa-Kakula Project, which is available on the company’s website and under the company’s SEDAR profile at www.sedar.com:
- Kamoa-Kakula Integrated Development Plan 2020 dated October 13, 2020, prepared by OreWin Pty Ltd., China Nerin Engineering Co., Ltd., DRA Global, Epoch Resources, Golder Associates Africa, KGHM Cuprum R&D Centre Ltd., Outotec Oyj, Paterson and Cooke, Stantec Consulting International LLC, SRK Consulting Inc., and Wood plc.
The technical report includes relevant information regarding the assumptions, parameters and methods of the mineral resource estimates on the Kamoa-Kakula Project cited in this news release, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this news release.
About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa: the development of major new, mechanized, underground mines at the Kamoa-Kakula copper joint-venture in the Democratic Republic of Congo and at the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the extensive redevelopment and upgrading of the historic Kipushi zinc-copper-germanium-silver mine, also in the Democratic Republic of Congo.
Kamoa-Kakula began producing copper concentrates in May 2021 and, through phased expansions, is positioned to become one of the world's largest copper producers. Kamoa-Kakula is being powered by clean, renewable hydro-generated electricity and is projected to be among the world’s lowest greenhouse gas emitters per unit of metal produced. Ivanhoe Mines has pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the Kamoa-Kakula Copper Mine. Ivanhoe also is exploring for new copper discoveries on its Western Foreland exploration licences in the Democratic Republic of Congo, near the Kamoa-Kakula Project.
Investors: Bill Trenaman +1.604.331.9834 / Media: Matthew Keevil +1.604.558.1034
Certain statements in this release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the company’s current expectations regarding future events, performance and results and speak only as of the date of this release.
Such statements include without limitation, the timing and results of: (i) statements regarding Ivanhoe’s guidance for contained copper in concentrate expected to be produced by Kamoa-Kakula for 2021 has been increased to between 90,000 to 95,000 tonnes; (ii) statements regarding the expectation that the Phase 2 concentrator is expected to begin operations in Q2 2022; (iii) statements regarding Kakula is projected to be the world’s highest-grade major copper mine, with an initial mining rate of 3.8 Mtpa at an estimated, average feed grade of more than 6.0% copper over the first five years of operations and 5.9% copper over the initial 10 years of operations; (iv) statements regarding Kamoa-Kakula’s Phase 1 is expected to produce approximately 200,000 tonnes of copper per year, and Phases 1 and 2 combined are forecast to produce approximately 400,000 tonnes of copper per year; (v) statements regarding based on independent benchmarking, the project’s phased expansion scenario to 19 Mtpa would position Kamoa-Kakula as the world’s second largest copper mining complex, with peak annual copper production of more than 800,000 tonnes; (vi) statements regarding Kamoa-Kakula will be among the world's lowest greenhouse gas emitters per unit of copper produced; (vii) statements regarding that Phase 3 production could boost Kamoa-Kakula’s to become among the very largest copper mines; (viii) statements regarding the expectation to start up the Phase 3 concentrator by the end of 2024; (ix) statements regarding the expectation to complete the refurbishment of the 162-megawatt turbine 5 in Q4 2024; and (x) statements regarding the expectation to complete study work on all aspects of the Phase 3 expansion in Q2 2022.
As well, all of the results of the Kakula definitive feasibility study, the Kakula-Kansoko pre-feasibility study and the Kamoa-Kakula preliminary economic assessment, constitute forward-looking statements or information, and include future estimates of internal rates of return, net present value, future production, estimates of cash cost, proposed mining plans and methods, mine life estimates, cash flow forecasts, metal recoveries, estimates of capital and operating costs and the size and timing of phased development of the projects. Furthermore, with respect to this specific forward-looking information concerning the development of the Kamoa-Kakula Project, the company has based its assumptions and analysis on certain factors that are inherently uncertain. Uncertainties include: (i) the adequacy of infrastructure; (ii) geological characteristics; (iii) metallurgical characteristics of the mineralization; (iv) the ability to develop adequate processing capacity; (v) the price of copper; (vi) the availability of equipment and facilities necessary to complete development; (vii) the cost of consumables and mining and processing equipment; (viii) unforeseen technological and engineering problems; (ix) accidents or acts of sabotage or terrorism; (x) currency fluctuations; (xi) changes in regulations; (xii) the compliance by joint venture partners with terms of agreements; (xiii) the availability and productivity of skilled labour; (xiv) the regulation of the mining industry by various governmental agencies; (xv) the ability to raise sufficient capital to develop such projects; (xvi) changes in project scope or design; (xvii) political factors; (xviii) unforeseen delays or stoppages in shipping and transportation of goods and equipment; (xix) water inflow into the mine and its potential effect on mining operations; and (xx) the consistency and availability of electric power.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed below and under “Risk Factors”, and elsewhere in this release, as well as unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
Although the forward-looking statements contained in this release are based upon what management of the company believes are reasonable assumptions, the company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this release.
The company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of the factors set forth below in the “Risk Factors” section in the company’s 2021 Q3 MD&A and its current annual information form.
刚果民主共和国科卢韦齐 — 艾芬豪矿业 (TSX: IVN; OTCQX:IVPAF) 联席董事长罗伯特·弗里兰德 (Robert Friedland) 与孙玉峰 (Miles Sun) 欣然宣布，卡莫阿-卡库拉 (Kamoa-Kakula) II期年处理矿石380万吨选厂的建设工程已完成约70%，将按计划于2022年第二季度启动生产。
卡莫阿-卡库拉2021年剩余时间的铜产量，以及2022 年 (包括II期运营初期) 的铜产量、销售成本和现金成本指导，将于 2022 年 1 月发布。
II 期380万吨/年选厂的施工持续超计划推进。工程设计、采购和设备加工基本上已全部完工，现正重点推进钢结构以及钣金、设备和管道 (SMPP) 的安装。目前正进行电器、控制和仪表 (EC&I) 的安装且进展顺利，多个厂区已从SMPP承包商移交给EC&I承包商。
II期两台球磨机已吊装就位，并已完成齿轮安装，现正进行润滑油系统和小齿轮驱动器的安装。II期选厂的最后一台大型设备 — 高压辊磨机已吊装就位。
电缆的安装工作正按计划推进。所有钢结构和钣金，以及大部分管道已运达现场。预计最后一批管道将于12月中运抵现场。超过580辆装载 II 期工程设备和材料的卡车已抵达现场。
按装工Ren Xaioqi (左) 及Lui Guang Jin在清理II期球磨机的大齿轮。
工作人员在 II 期选厂进行管道的分段吊装。
T3 Projects DRC公司的安全主任Laetitia Kyungu在II期选厂前。T3 Projects是一家领先的电气承包商，为卡莫阿-卡库拉I期和II期选厂提供电气、控制和仪表的安装服务。
卡莫阿铜业首席执行官马克·法伦 (Mark Farren) 评论说﹕“11月份采出54.8万吨矿石，较上月的40.9万吨大幅提升。随着项目投入更多人力推进II期选厂作业，我们预期月度矿产量将会持续上升。我们深信，II期选厂将按计划于2022年第二季度启动生产。”
预计卡莫阿-卡库拉将成为全球品位最高的大型铜矿山，预计投产后前5年的平均入选品位超过6.0%，投产后前10年超过5.9%。I 期投产后预计每年将生产约20万吨铜，II 期扩建投产后每年将累计生产高达40万吨铜。根据独立研究机构排名，一旦项目扩大产能至处理1,900万吨/年矿石，卡莫阿-卡库拉将成为全球第二大铜矿山，最高年产80多万吨铜。
卡莫阿-卡库拉铜矿项目是艾芬豪矿业 (占股39.6%)、紫金矿业集团 (占股39.6%)、晶河全球 (占股0.8%) 及刚果民主共和国政府 (占股20%) 的合资项目。2020年，加拿大Hatch有限公司对卡莫阿-卡库拉的温室气体强度指标进行了独立审核，确认项目将会成为全球单位铜温室气体排放最低的矿山之一。
电工Richard Onkarabetse Keetile (左) 和 Khris Mpanda Ilunga在卡索科矿山新建的井下水泵站检查电气控制面板。
卡莫阿-卡库拉 III 期扩建的工程范围包括将建设在卡索科矿山的第三座选厂，距离卡库拉矿山以北约10公里处。III 期选厂的设计产能，将会高于 I 期和 II 期选厂的380万吨/年。
预计规划中的 III 期选厂将处理来自卡索科开采的矿石以及规划中的两座矿山 — 卡莫阿一区和卡莫阿二区提供的矿石。施工中的卡莫阿矿山双斜坡道系统将用于卡莫阿一区和卡莫阿二区的采区进场通道。
III期扩建还将涵盖英加二期水电站5号涡轮机组的升级改造，以供应162兆瓦的可再生水电，以及直接粗铜冶炼厂的建设，设计产能达每年 50万吨粗铜。2021年11月18日，卡莫阿铜业正式委托中国瑞林工程技术有限公司为冶炼厂提供基础工程设计服务。该冶炼厂将融合芬兰艾斯波的美卓奥图泰 (Metso Outotec) 公司提供的尖端技术。
规划中的冶炼厂将建设在I期和II期选厂附近，按照国际金融公司 (IFC) 制定的排放标准建造。冶炼厂的规模设计适合处理卡莫阿-卡库拉I期、II期和III期选厂生产的大部分铜精矿，设计产能达每年50万吨粗铜，预计将会成为全球规模最大的单线直接粗铜闪速冶炼厂之一以及非洲最大型的铜冶炼厂。冶炼厂项目开发的下一步工作，是完成基础工程设计和长周期设备采购。
卡莫阿-卡库拉的能源公司于2021年8月与SNEL扩展现有的融资协议，在英加二期水电站进行5号涡轮机组的升级工程。瑞士洛桑的Stucky公司和领先工程集团德国海登海姆的福伊特水电 (Voith Hydro) 从2021年6月起负责界定项目的修缮范围并开展技术性考察。5号涡轮机组升级的承包商福伊特水电曾成功地修复了英加一期水电站的两台涡轮发电机，该项目由世界银行提供资金。
园艺师Jenny Mutimpa LeDoux 在卡莫阿村的花园工作。
Kaponda村的农民 Kona Mumongo Grace和他的女儿Tshisola手持橙树的幼苗带回家中种植。卡莫阿-卡库拉可持续民生计划捐赠了 3,200 株橙树幼苗，以促进当地社区的可持续发展。
本新闻稿中关于卡莫阿-卡库拉项目开发方案的科学或技术性披露已经由史蒂夫·阿莫斯 (Steve Amos) 审查和批准，他凭借其教育、经验和专业协会会籍被认为是NI 43-101 标准下的合资格人。由于阿莫斯先生是卡莫阿铜业的项目负责人，因此他并不符合NI 43-101 对独立人士的界定。阿莫斯先生已核实本新闻稿所披露的技术数据。
本新闻稿中关于矿堆的其它科学或技术性披露已经由乔治·吉尔克里斯特 (George Gilchrist) 审查和批准，他凭借其教育、经验和专业协会会籍被认为是NI 43-101 条款下的合资格人。由于吉尔克里斯特先生是艾芬豪矿业资源部副总裁，因此他并不符合NI 43-101 对独立人士的界定。吉尔克里斯特先生已核实本新闻稿所披露关于矿堆的其它技术数据。
本新闻稿所载的矿堆品位估算值是基于从地表矿堆供给选厂物料的大样以及从最近开展的垂直剖面刻槽取样。刻槽取样的样品大约每15米在整个垂直剖面上使用手持式切割机按1米垂直间隔进行采样，收集100-150克重的样品。在项目现场实验室磨样加工后，使用便携式XRF (pXRF) 仪器进行分析。除了在商业实验室利用4酸消解和ICP-OES进行分析之外，卡莫阿铜业也经常使用pXRF分析钻孔岩芯中的铜含量。该数据表明，pXRF结果可用于品位控制和原矿取样。由于四舍五入，本新闻稿所载数字的相加可能与总和不符。
艾芬豪已经为卡莫阿-卡库拉项目编制了一份符合NI 43-101 标准的独立技术报告，该报告可在艾芬豪网站以及SEDAR 网站上的艾芬豪页面获得，网址为www.sedar.com﹕
- 2020年10月13日发布的2020年卡莫阿-卡库拉综合开发方案，由OreWin Pty Ltd.、中国瑞林工程技术有限公司、DRA Global、Epoch Resources、Golder Associates Africa、KGHM Cuprum R&D Centre Ltd.、Outotec Oyj、Paterson and Cooke、Stantec Consulting International LLC、SRK Consulting Inc.以及Wood plc编制。
艾芬豪矿业是一家加拿大的矿业公司，正在推进旗下位于南部非洲的三大合资项目：位于刚果民主共和国的卡莫阿-卡库拉铜矿和位于南非的普拉特瑞夫 (Platreef) 钯-铑-铂-镍-铜-金矿的大型机械化地下矿山开发工程；以及同样位于刚果民主共和国、久富盛名的基普什 (Kipushi) 锌-铜-锗-银矿的大型重建和改善工程。
卡莫阿-卡库拉铜矿项目于2021年5月实现铜精矿生产，未来将分阶段进行扩建，预计将会成为全球最大规模的铜生产商之一。卡莫阿-卡库拉将使用清洁、可再生的水电，并将成为世界上每单位金属温室气体排放量最低的矿山之一。艾芬豪矿业已作出承诺，卡莫阿-卡库拉铜矿将致力实现净零运营温室气体排放 (范围一和二)。同时，艾芬豪正在刚果民主共和国境内、毗邻卡莫阿-卡库拉项目的西部前沿 (Western Foreland) 探矿权内寻找新的铜矿资源。
投资者﹕比尔·特伦曼 (Bill Trenaman)，电话﹕+1.604.331.9834 / 媒体﹕马修·基维尔 (Matthew Keevil)，电话﹕ +1.604.558.1034
该等陈述包括但不限于下列事项的时间点和结果﹕(i) 关于艾芬豪的生产指导目标预计卡莫阿-卡库拉项目在2021年生产精矿的含铜金属量上调为90,000至95,000吨的陈述；(ii) 关于预计II期选厂将于2022年第二季度投产的陈述；(iii) 关于卡库拉矿山预期将会成为全球品位最高的大型铜矿，初始年处理矿石380万吨，预计投产后前5年的平均入选铜品位达6.0%以上、投产后前10年达5.9%的陈述；(iv) 关于卡莫阿-卡库拉I 期投产后预计每年将生产约20万吨的铜，而I 期和II 期投产后每年将累计生产高达40万吨铜的陈述；(v) 关于根据独立研究机构排名，一旦项目扩大产能至1,900万吨/年，卡莫阿-卡库拉将成为全球第二大铜矿山，年度最高铜产量将超过80万吨的陈述；(vi) 关于卡莫阿-卡库拉项目将会成为全球每单位铜的温室气体排放量最低矿山之一的陈述；(vii) 关于III期投产后将助力卡莫阿-卡库拉成为世界规模最大铜矿之一的陈述；(viii) 关于预计III期选厂将于2024年底前实现投产的陈述；(ix) 关于预计162兆瓦的5号涡轮机组的升级改造将于2024年第四季度完工的陈述；以及 (x) 关于预计III 期扩建各个领域的研究工作将于2022年第二季度完成的陈述。
此外，卡库拉最终可行性研究、卡库拉-卡索科预可行性研究和卡莫阿-卡库拉初步经济评估的所有结果均构成了前瞻性陈述或信息，并包括内部收益率的未来估算、净现值，未来产量、现金成本估算、建议开采计划和方法、矿山服务年限、现金流量预测、金属回收率、资本和运营成本估算，以及项目分期开发的规模和时间点。另外，对于与卡莫阿-卡库拉项目开发有关的特定前瞻性信息，公司是基于某些不确定因素而作出假设和分析。不确定因素包括：(i) 基础设施的充足性；(ii) 地质特征；(iii) 矿化的选冶特征；(iv) 发展充足选矿产能的能力；(v) 铜价格；(vi) 完成开发所需的设备和设施的可用性；(vii) 消耗品和采矿及选矿设备的费用；(viii) 不可预见的技术和工程问题；(ix) 事故或破坏或恐怖主义行为；(x) 货币波动； (xi) 法例修订；(xii) 合资企业伙伴对协议条款的遵守情况；(xiii) 熟练劳工的人手和生产率；(xiv) 各政府机构对矿业的监管；(xv) 筹集足够资金以发展该等项目的能力；(xvi) 项目范围或设计变更；(xvii) 政治因素；(xviii) 货物及设备的航运和运输不可预见的延误或停顿；(xix) 矿山进水量及其对采矿作业的潜在影响；以及 (xx) 电源供应的稳定性和可用性。