Kamoa-Kakula delivers solid quarterly output, record performance in March
The ever-successful Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo, has produced 93 603 t of copper in concentrate in the first quarter of the year.
TSX-listed 39.6% shareholder of the complex Ivanhoe Mines says the Phase 1 and 2 concentrators are now regularly operating at a processing rate of 9.2-million tonnes a year, following the completion of a debottlenecking programme.
The $50-million debottlenecking programme was completed within budget and ahead of schedule late in February, increasing production capacity to 450 000 t/y of copper in concentrate.
The quarter under review included record monthly production of 34 915 t of copper in March, supported by a weekly production record of 9 016 t of copper and daily production record of 1 563 t of copper in March.
Kamoa-Kakula also achieved record average copper recoveries in March at rates higher than 88%.
Ivanhoe maintains the 2023 production guidance for Kamoa-Kakula at between 390 000 t and 430 000 t of copper in concentrate.
With the Phase 3 expansion well on track for 2024, Kamoa-Kakula represents a rare, high-margin growth story across the copper industry, states Ivanhoe.
The project is one of the world’s largest and highest grade copper complexes.
Moreover, Ivanhoe will soon ramp up exploration efforts on its between 90% and 100%-owned Western Foreland licences adjacent to Kamoa-Kakula, where the company plans on drilling 75 000 m over the remainder of this year.
Comments
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.
VISIT SHOWROOM
Supplier & Distributor of the Widest Range of Accurate & Easy-to-Use Alcohol Breathalysers
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
