https://www.miningweekly.com

Ivanhoe to release Kamoa-Kakula PEA this week

13th December 2016

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – The preliminary economic assessment (PEA) detailing the initial options available to TSX-listed Ivanhoe Mines to begin its copper mining operations in the Democratic Republic of Congo, is expected to be finalised this week.

The independent PEA of the Kakula and Kamoa deposits aims to establish the economic parameters of a potential four-million-tonne-a-year mining operation at Kakula, a joint venture between Ivanhoe and Chinese nonferrous metal producer Zijin Mining Group.

The engineering team at the Kamoa-Kakula copper project, some 25 km west of Kolwezi, expected to shortly finalise and issue the report, said Ivanhoe executive chairperson Robert Friedland in an update to shareholders on Tuesday.

Australian consultancy OreWin, Amec Foster Wheeler E&C Services and SRK Consulting are preparing the PEA.

The Kamoa-Kakula deposits boast combined indicated mineral resources of 944-million tonnes, grading 2.83% copper and contain 58.9-billion pounds of 1% copper cutoff grade ore, and a minimum thickness of 3 m.

Kamoa-Kakula also has inferred mineral resources of 286-million tonnes, grading 2.31% copper and containing 14.6-billion pounds of copper.

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (26/04/2024)
26th April 2024 By: Martin Creamer
Mining Weekly Editor Martin Creamer
Copper shares soar and green hydrogen goes digital
26th April 2024

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.127 0.166s - 112pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: