Ivanhoe to publish maiden Kakula resource estimate soon
JOHANNESBURG (miningweekly.com) – Ivanhoe Mines expects to issue an initial mineral resource estimate for its Kakula discovery, which forms part of the Democratic Republic of Congo-based Kamoa copper project, by next week.
The TSX-listed company, led by Lars-Eric Johansson, has been engaging in a 2016 drilling campaign at the discovery, which continued to demonstrate that it is substantially richer, thicker and more consistent than other mineralisation at the Kamoa project.
The project, a joint venture between Ivanhoe and Zijin Mining, is expected to enable high-arsenic concentrates from mines in Chile and elsewhere to meet the limit of 0.5% arsenic imposed by Chinese smelters to meet China's new environmental restrictions.
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