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Ivanhoe produces 86,203 tonnes of copper at the DRC mine in the first quarter

05 april 2024

Ivanhoe Mines produced 86,203 tonnes of copper in concentrate at its Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) during the first quarter of 2024.

It said Kamoa-Kakula’s Phase 1 and 2 concentrators milled about 2.06 million tonnes of ore during the first quarter at an average feed grade of 4.8% copper.

Copper flotation recoveries for the quarter averaged 87.4%, above the Phase 1 and 2 concentrator design recovery rate of 86.0%.

Ivanhoe said a daily milling record was achieved on January 2, 2024, when 31, 375 tonnes of ore were processed by the Phase 1 and 2 concentrators over 24 hours.

This performance is equivalent to an annual milling rate of 10.5 million tonnes (after accounting for availability).

It said a quarterly mining record of 2.50 million tonnes of ore was achieved from the Kakula and Kamoa 1 underground mines.

Ivanhoe maintained its 2024 annual production guidance for Kamoa-Kakula at between 440,000 and 490, 000 tonnes of copper in concentrate.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished