- Write by:
-
Wednesday, February 26, 2020 - 11:45:06 AM
-
560 Visit
-
Print
Mining News Pro - Canada’s Ivanhoe Mines announced that the underground development at its Kakula copper mine in the Democratic Republic of Congo continues to advance ahead of schedule and that initial production is expected in Q3-2021.
According to Mining News Pro - In a press release, co-chairs Robert Friedland and Yufeng “Miles” Sun said that more than eight kilometres of underground development have been completed, which is 1.7 kilometres ahead of plan. They also said that this month, the mining team is on pace to set a new monthly development record of 1,310 metres of advancement ─ 380 metres ahead of plan for the month.
The underground development work at Kakula is being performed by mining crews operating large-capacity, semi-autonomous mining equipment, such as jumbo drilling rigs and 50-tonne trucks.
According to Friedland and Sun, mine access drives 1 and 2 − interconnected, parallel tunnels being developed from Kakula’s main northern declines that will provide access to high-grade ore zones are also being quickly done.
The development ore is being transported to the surface and stored on pre-production stockpiles, which are expected to grow to approximately 1.5 million tonnes of high-grade ore and an additional 700,000 tonnes of material grading approximately 1% to 3% copper prior to the start of initial production by the end of next year.
“Based on the results of the February 2019 Kakula pre-feasibility study, Kakula’s average feed grade over the first five years of operations is projected to be 6.8% copper, and 5.5% copper on average over a 25-year mine life,” the media brief states.
In parallel to the construction of Kamoa-Kakula’s phase 1 Kakula mine, work is progressing on the independent Kakula definitive feasibility study and an updated integrated development plan for the entire Kamoa-Kakula mining complex, which is expected to be issued in mid-2020.
Located within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi, Kamoa-Kakula is a large, near-surface, flat-lying, stratiform copper deposit with adjacent prospective exploration areas.
It is estimated that the deposit contains 1.34 billion indicated tonnes grading 2.72% copper for 80.7 billion pounds of copper, as well as 315 million inferred tonnes at 1.87% copper for 13 billion pounds of copper.
Short Link:
https://www.miningnews.ir/En/News/493229
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it ...
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric ...
Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains ...
Copper output in Chile, the world’s largest producer of the metal, edged down in March, data from copper commission ...
Panama’s president-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple ...
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions ...
Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant ...
Europe’s largest copper producer Aurubis AG reported first-half core profit above expectations on Wednesday, helped by ...
Newmont Corp. has no plans to expedite a decision on its $2.5 billion Yanacocha Sulfides project, dashing the Peruvian ...
No comments have been posted yet ...