This article is about the new (post-2012) Ivanhoe Mines. The development grade estimates contained in this release are based upon channel sampling from underground headings. Ivanhoe has prepared an independent, NI 43-101-compliant technical report for the Kamoa-Kakula Project, which is available on the company's website and under the company's SEDAR profile at www.sedar.com: The technical report includes relevant information regarding the assumptions, parameters and methods of the mineral resource estimates on the Kamoa-Kakula Project cited in this news release, as well as information regarding data verification, exploration procedures and other matters relevant to the scientific and technical disclosure contained in this news release. Mr. Amos is not considered independent under NI 43-101 as he is Kamoa Copper's Head of Projects. Stock analysis for Ivanhoe Mines Ltd (IVN:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_011full.jpg, Kamoa-Kakula expected to be connected to the national power grid in December, providing the project with clean, renewable 220-kV hydropower, Ben Munanga, General Manager of Ivanhoe Mines Energy and a senior member of the executive management team at Kamoa Copper, stated: "We have made excellent progress upgrading the Mwadingusha hydroelectric power station and at the new Western Dispatch substation in Kolwezi. A 3D illustration of the finished ball mills (shown in green) is below, with the next two ball mills for the recently-initiated second processing plant shown in magenta. By providing your e-mail address, you are consenting to receive press releases, quarterly and annual reports, presentations and other information concerning Ivanhoe Mines Ltd. and its affiliates and partners. Mr. Torr has verified the other technical data disclosed in this news release. The upgrading work at the 72-megawatt Mwadingusha hydropower plant is nearing completion and electricity from all of Mwadingusha's six turbines is expected to be integrated into the national power grid in the first quarter of 2021. On 10 septembre 2020, Ivanhoe hosted its inaugural virtual Investor Day to discuss the findings of an independent definitive feasibility study, and expansion studies, for the tier one Kamoa-Kakula Copper Project, including various options under consideration to accelerate the planned expansions at the project.
Yannick Kankenke (left) and Tresor Mukadi (right) servicing an Epiroc double boom drill rig at the Kakula workshop. "We are looking forward to achieving our first "holing" between the northern and southern declines," said Mr. Friedland. Figure 2: Kakula's underground development completed to October 18, 2020 (in red). "These copper grades are extraordinary in a global context, but are not unexpected. Wir verwenden Cookies, um Ihnen eine optimale Funktion der Webseite zu ermöglichen. The work is being conducted by engineering firm Stucky, of Lausanne, Switzerland, under the direction of Ivanhoe Mines and its joint-venture partner, Zijin Mining Group, in conjunction with the DRC's state-owned power company, La Société Nationale d'Electricité (SNEL). Access drift 2 from Kakula's southern decline currently is traversing the +5% copper zone and is expected to quickly enter the +8% copper zone (see figures 1 and 2). Ongoing construction of Kakula's initial 3.8 Mtpa processing plant, showing the assembled ball mills and the first four flotation tanks. A Niton (portable XRF) reading on the tip of a chalcocite-rich piece of ore grading 67.8% copper from Kakula's northern access drive spiral. To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_004full.jpg. To view an enhanced version of Figure 1 please visit: https://orders.newsfilecorp.com/files/3396/66287_b265326264a129c7_002full.jpg.

Exploration and development of underground mines at the Kakula and Kamoa deposits. An HD replay of the event is available via the link below. The Kamoa-Kakula 2020 Resource Update dated March 25, 2020, prepared by OreWin Pty Ltd., Wood plc, DRA Global, SRK Consulting (South Africa) (Pty) Ltd and Stantec Consulting International LLC. Tresor Kalenga Musoya (top), Liang Yang (middle) and Chanzhong Yang (bottom) installing the 220-kV power line that will transport clean, renewable hydropower from the DRC national grid to the Kamoa-Kakula Project. Ivanhoe Mines announces outstanding economic results of the independent Integrated Development Plan (IDP) for the tier one Kamoa-Kakula Copper Project The DFS evaluates the stage-one, 6-million-tonnes-per-annum (Mtpa) Kakula Mine currently being constructed; this first stage yields an after-tax NPV8% of US$5.5 billion, IRR of 77% over a 21-year mine life, and payback of 2.3 years "We look forward to generating revenue as early as possible, which will allow us to advance the project's Phase 2 development with internal cash flow. Touch device users, explore by touch or with swipe gestures.

In December, we expect to tie in the 30-kilometre, 220-kilovolt (kV) power line connecting this substation to Kamoa-Kakula, and supply the mine with reliable and clean hydro-generated electricity from the national grid.". Kakula's northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper, Excellent construction progress being made on Kakula's concentrator plant; first production now expected in July 2021. Kamoa-Kakula is Africa's largest high-grade copper discovery in a previously unknown extension of the Central African Copperbelt. Before it's here, it's on the Bloomberg Terminal. Kolwezi, October 19, 2020 - Robert Friedland and Yufeng "Miles" Sun, Co-Chairmen of Ivanhoe Mines (TSX: IVN) OTCQX: IVPAF), announced today that excellent progress is being made advancing underground mine development at the Kakula Mine in the Democratic Republic of Congo (DRC), with current mining grades of up to 11% copper in one of the access drives being advanced from the northern decline.
Mr. Torr is not considered independent under NI 43-101 as he is the Vice President, Project Geology and Evaluation of Ivanhoe Mines. "A long-term, sustainable supply of electricity is essential to Ivanhoe's vision to develop Kamoa-Kakula in an environmentally and socially responsible manner," said Mr. Friedland. The upgrading work at the 72-megawatt Mwadingusha hydropower plant is nearing completion and electricity from all of Mwadingusha's six turbines is expected to be integrated into the national power grid in the first quarter of 2021. Underground development at the Kakula Copper Mine enters zone of ultra-high-grade ore, Kakula’s northern and southern access drives to connect next month, allowing highly-productive stoping operations to begin in centre of orebody in +8% copper, Excellent construction progress being made on Kakula’s concentrator plant; first production now expected in Juillet 2021. L’étude de faisabilité définitive mise à jour sera publiée en septembre, Ivanhoe publie les résultats financiers du second trimestre et un bilan des progrès de construction et des activités d’exploration, Développement souterrain de la mine de cuivre de Kakula très en avance sur le calendrier et avancement rapide du complexe de traitement en surface avec une main-d’œuvre de 4 700 personnes, Étude de faisabilité définitive pour la mine de Kakula et plan de développement intégré mis à jour pour les multiples expansions du permis d’exploitation minière de Kamoa-Kakula en voie d’achèvement, Les stocks de surface contiennent actuellement environ 116 000 tonnes de minerai dont la teneur en cuivre est de 6,08 % et 446 000 tonnes de minerai dont la teneur en cuivre est de 2,73 %, y compris les stocks secondaires à Kakula Sud et Kansoko. This marriage between Kakula's northern and southern declines will facilitate the ramp up in production and dramatically increase the efficiency of our underground logistics, and further improve safety.". These forward-looking statements are made as of the date of this release and are expressly qualified in their entirety by this cautionary statement. Ivanhoe plans to issue its regular Kamoa-Kakula monthly mine progress update for the month of October in early November, which will provide details on the project's underground development advancement, tonnage and grade of the project's pre-production ore stockpiles, and construction progress of the initial 3.8 Mtpa concentrator plant and associated infrastructure. The long-lead items for the second 3.8 Mtpa concentrator plant have been ordered and the second phase of our development now is officially underway. Contract workers from Andritz Hydro of Vevey, Switzerland, upgrading the penstocks and emergency intake valves at the Mwadingusha hydropower plant. Développement de la mine souterraine prévue à Flatreef Découverte d'éléments du groupe du platine, nickel, cuivre et or, dans le complexe nord de Bushveld. The discovery extended the Kakula along a confirmed strike length of 6.8 kilometres. Ivanhoe Mines veut faire du projet Kamoa-Kakula la deuxième plus grande mine de cuivre en production au monde, avec une livraison annuelle de 740 000 tonnes de cuivre dès la …

They are real-time confirmation of the exceptional quality of the Kakula resource, which sits at the apex of any ranking worldwide.".