Qatar Investment Authority Investment
Ivanhoe Mines secured a $500 million equity investment from the Qatar Investment Authority, strengthening their institutional shareholder base.
First Ore Fed to Platreef Concentrator
The first ore was successfully fed to the concentrator at the Platreef project, marking a significant milestone in the largest precious metals development.
Successful Dewatering and Recovery at Kamoa-Kakula
Significant progress in dewatering efforts at Kamoa-Kakula, with expectations to return to copper production of over 550,000 tonnes in the future.
Record Zinc Production at Kipushi
Kipushi achieved record quarterly revenue of $129 million with almost 50,000 tonnes of payable zinc sold.
Completion of Kipushi Debottlenecking Program
The debottlenecking program at Kipushi was completed ahead of schedule and under budget, positioning the mine as the third largest zinc producer globally.
Launch of Kamoa-Kakula Smelter
The smelter project at Kamoa-Kakula is on track to be heated up in November and start feeding first concentrate in December, reducing logistics costs and generating acid credits.