Ivanhoe Mines has announced results of a prefeasibility study of an initial 6-million-metric-ton-per-year (mt/y) underground mine on its Kakula-Kamoa copper properties at the western end of the Central African Copper Belt in Democratic Republic of Congo (DRC). At the same time, the company has announced an updated preliminary economic assessment (PEA) of an expanded Kakula-Kamoa mine production rate of 18 million mt/y, with sequential development of two additional 6-million-mt/y mines and a world-scale direct-to-blister smelter that would have capacity to process 1 million mt/y of concentrates.
Read More