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Ivanhoe Looking at Multiple Options for Kamoa-Kakula
Ivanhoe Mines announced the results of a positive preliminary economic assessment (PEA) of two potential options for the start of underground copper mining on its Kakula and Kamoa deposits in the Democratic Republic of the Congo. A second PEA, currently in progress, is considering additional options. Ivanhoe discovered the Kamoa deposit in 2008 and the Kakula deposit, 5 kilometers (km) southwest of Kamoa, in late 2015. Development options considered in the current PEA start with a single, 4-million-metric-tons-per-year (mt/y) Phase 1 mine on the Kakula deposit that would produce an average of 216,000 mt/y of copper in concentrate at a mine-site cash cost of $0.37 per pound of copper over the first 10 years of operations.
Ivanhoe Looking at Multiple Options for Kamoa-Kakula
Ivanhoe Mines announced the results of a positive preliminary economic assessment (PEA) of two potential options for the start of underground copper mining on its Kakula and Kamoa deposits in the Democratic Republic of the Congo. A second PEA, currently in progress, is considering additional options. Ivanhoe discovered the Kamoa deposit in 2008 and the Kakula deposit, 5 kilometers (km) southwest of Kamoa, in late 2015. Development options considered in the current PEA start with a single, 4-million-metric-tons-per-year (mt/y) Phase 1 mine on the Kakula deposit that would produce an average of 216,000 mt/y of copper in concentrate at a mine-site cash cost of $0.37 per pound of copper over the first 10 years of operations.
Ivanhoe Looking at Multiple Options for Kamoa-Kakula
2017
Article (Journal)
English
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