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Ivanhoe Mines: een metaalgigant in wording

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  1. fiesta 5 april 2021 16:03
    quote:

    XTrail schreef op 5 april 2021 12:36:

    [...]

    China weet in elk geval waarom. Naast vele andere mijnbouwers heb ik deze toch ook een plaatsje gegeven in de portefeuille.
    Heb ze zelf ook en al heel lang. De twijfel bij mij is je zit 2 keer in de tang: het land deugt van geen kant en de Chinezen hebben niks op met beleggers.
  2. [verwijderd] 6 april 2021 14:08
    ceo.ca/@newsfile/kamoa-kakula-shatter...

    Kamoa-Kakula Shatters Previous Production Records, Mining 400,000 tonnes of ore Grading 5.36% Copper in March, Including 100,000 tonnes Grading 8.70% Copper from the Centre of the Kakula Mine

    Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - April 6, 2021) - Ivanhoe Mines (TSX: IVN; OTCQX: IVPAF) Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce that underground ore production at the Kamoa-Kakula Copper Project in the Democratic Republic of Congo (DRC) mined and stockpiled a record 400,000 tonnes of ore grading 5.36% copper from the Kakula and Kansoko mines in March. This tonnage was 18% higher than the 339,000 tonnes mined and stockpiled in February.
  3. [verwijderd] 9 april 2021 18:08
    quote:

    DeZwarteRidder schreef op 9 april 2021 17:57:

    [...]

    Zeer indrukwekkend.
    en produktie dichtbij:-)

    Wij zitten hier al heel tijdje in en rendement nu al ongekend.

    Afgelopen jaren tussendoor zeer veel meegehandeld maar nu toch vasthouden langetermijn.

    Alleen al de copper assets met ook Westernforeland in de toekomst,zijn al veel meer waard.

  4. [verwijderd] 10 april 2021 15:01
    quote:

    easy56 schreef op 9 april 2021 18:08:

    [...]en produktie dichtbij:-)

    Wij zitten hier al heel tijdje in en rendement nu al ongekend.

    Afgelopen jaren tussendoor zeer veel meegehandeld maar nu toch vasthouden langetermijn.

    Alleen al de copper assets met ook Westernforeland in de toekomst,zijn al veel meer waard.

    neem aan dat je nog positie hebt:-)
  5. Maurice021973 26 april 2021 21:47
    www.northernminer.com/editorial/fried...

    Friedland: “It’s copper, copper, copper, copper, copper, copper …”

    BY: TRISH SAYWELL APRIL 19, 2021

    I’ve covered the mining industry for more than a decade and during that time have had many opportunities to listen to presentations and speeches by Ivanhoe Mines’ founder Robert Friedland. I also interviewed him at length for an article about his career when The Northern Miner gave him a Lifetime Achievement award in May 2017.

    But I think his remarks last week at the CRU World Copper Conference were among his most enlightening. Videoed from his home in Singapore, Friedland spoke about the green energy transition and how important copper will be for the new world economy.

    Whether you are a Friedland fan or not, you can’t disagree with his conclusions that, as the world transitions from hydrocarbons (oil and gas) and moves toward electrification and greener energy sources, metals like copper will be more important than ever before. In fact he described copper in the medium term as a “national security issue” as countries around the world will have to scramble to lock-in supply. “We know that the change is coming,” he warned, “but it takes a long time to change the entire supply chain. It takes a long time to really electrify the world economy but it’s going to happen. It’s an enormous undertaking, nothing easy about it. And it will really enhance the position of a lot of the world’s miners as people realize that mining is a basic industry, because it’s basic, and the whole transformation will rely on the miners.” He calls miners heroes.

    He also noted that the scale of the coming disruption is not well understood by the general public or even by most governments. “They think they can pass a law … and demand something and then it shall happen, but it’s not that simple with the supply chain.”

    Friedland also said that China is “light years” ahead of the United States “in the thoughtful, intelligent design of their national grid;” called the American grid, now well over 100 years old, “a joke by comparison,” and estimated that it will take “tens of trillions of dollars” to upgrade it from “a mishmash of pieces that are all mismatched” and into one that is designed to accommodate alternative energy. “Designing a new electrical grid for America alone will take astronomic amounts of the right metals,” he said, “and it will have to be done.”

    Ultimately, he argued, everybody wants clean air and clean water and “it’s readily apparent that there’s going to be a shortage of certain critical metals.” In addition to copper, he includes nickel, aluminium, lithium, manganese and scandium as well as some other specialty metals in that category. (By his estimates “we’re going to basically need to triple global primary nickel production and there are a lot of fantasies out there about where this nickel is going to come from.”)

    “When you turn on a light-switch, somewhere a generator has to kick in to generate power and send it to you,” he explained. “It’s not stored in a grid. There’s no storage of electrical energy in the grid to speak of, so the whole concept of storing electric energy in the grid is a massive concept. Grid-scale batteries. It’s not just the electric car. That’s trivial. It’s the way we generate power, it’s the way we transmit power, it’s the way we store power, the final mile.”

    Another speaker at CRU’s virtual World Copper Conference on April 12-13, was Goldman Sachs metals strategist Nicholas Snowdon, who said the mining sector is at the start of a supercycle. “We estimate nearly US$16 trillion would have to go into green-focused infrastructure to achieve decarbonization targets, compared to just US$10 trillion in China during the last supercycle,” he said. Snowdon also said that in terms of copper, there will be “a record long-term supply gap by the end of the decade that has to be solved by investment in new mine supply.”

    The Northern Miner obtained a copy of Goldman Sachs’ report Copper is the New Oil, which like Friedland’s warnings, is a wake-up call for those who don’t see the tidal wave of disruption barreling down upon us. “Crucially, the copper market as it currently stands is not prepared for this demand environment,” Snowdon and his colleagues wrote in their April 13 research note, estimating that by 2030, copper demand from the green transition “will grow nearly 600% to 5.4Mt [million tonnes] in our base case and 900% to 8.7Mt in the case of hyper adoption of green technologies.”

    Goldman Sachs argues that a combination of “surging” demand and “sticky” supply “foreshadows large open-ended deficits from mid-decade,” and estimates “a long-term supply gap of 8.2Mt by 2030, twice the size of the gap that triggered the bull market in copper in the early 2000s.” The investment bank forecasts copper prices will reach US$15,000 per tonne by 2025, up from current prices of about US$9,000 per tonne.
  6. XTrail 3 mei 2021 16:03
    quote:

    easy56 schreef op 3 mei 2021 15:15:

    ceo.ca/@newsfile/kamoa-kakula-to-begi...

    Kamoa-Kakula to Begin Copper Production Within a Month

    vimeo.com/544085443/17f43e0193

    Kamoa-Kakula minesite fly-over video May 1, 2021

    vimeo.com/544085443/17f43e0193

    ceo.ca/@newsfile/kamoa-kakula-to-begi...
    Altijd alles ahead of schedule, perfecte timing om op te kunnen starten
  7. forum rang 10 DeZwarteRidder 13 mei 2021 14:34
    quote:

    easy56 schreef op 13 mei 2021 14:15:

    Ivanhoe Mines Issues Q1 Financial Results and Review of Mine Construction Progress and Exploration Activities

    ceo.ca/@newsfile/ivanhoe-mines-issues...
    Copper production at the Kamoa-Kakula Mine to begin imminently; first phase projected to produce approximately 200,000 tonnes of copper per year

    Kamoa-Kakula's Phase 2 expansion, scheduled for Q3 2022, will double annual copper output to approximately 400,000 tonnes

    Ivanhoe Mines pledges net-zero greenhouse gas emissions at the Kamoa-Kakula Copper Mine

    Expanded 2021 exploration program underway on Ivanhoe's Western Foreland licences, searching for DRC's next tier-one copper discovery

    Development of the world-scale Platreef palladium, rhodium, platinum, nickel, copper and gold project in South Africa making good progress

    Toronto, Ontario--(Newsfile Corp. - May 13, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) today announced its financial results for the three months ended March 31, 2021. Ivanhoe Mines is a Canadian mining company advancing its three mining projects in Southern Africa: the Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC); the Platreef palladium-rhodium-platinum-nickel-copper-gold discovery in South Africa; and the extensive upgrading of the historic Kipushi zinc-copper-lead-germanium mine, also in the DRC. Ivanhoe also is exploring for new copper discoveries on its Western Foreland exploration licences in the DRC, near the Kamoa-Kakula Project. All figures are in U.S. dollars unless otherwise stated.

  8. forum rang 10 DeZwarteRidder 13 mei 2021 14:34
    HIGHLIGHTS

    Development of the Kakula Mine, the first of multiple, planned mining areas at Ivanhoe Mines' Kamoa-Kakula joint-venture copper project, has advanced ahead of schedule and first copper concentrate production is expected within a few weeks. Lower-grade ore will be fed into the plant during the final commissioning phase, to ensure plant performance and copper recovery are satisfactory before increasing the head grade.

    Kamoa-Kakula's Phase 2 construction is progressing slightly ahead of plan and is scheduled to start up in Q3 2022, which will see a doubling of mill throughput to 7.6 million tonnes per annum (Mtpa). Phases 1 and 2 combined are forecast to produce approximately 400,000 tonnes of copper per year. Based on independent benchmarking, the project's phased expansion scenario to 19 Mtpa would position Kamoa-Kakula as the world's second-largest copper mining complex, with peak annual copper production of more than 800,000 tonnes.

    Kamoa-Kakula's initial production guidance, on a 100%-project basis, is between 80,000 and 95,000 tonnes of copper in concentrate for the remainder of 2021.

    At the end of April 2021, Kamoa-Kakula's pre-production ore stockpiles held three million tonnes grading 4.74% copper, containing more than 140,000 tonnes of copper.

    Given the current copper price environment, Ivanhoe, together with its partner Zijin, is exploring the acceleration of the Kamoa-Kakula Phase 3 concentrator expansion from 7.6 Mtpa to 11.4 Mtpa, which may be fed from expanded mining operations at Kansoko or a new mining area at Kamoa North (including the Bonanza Zone). Kamoa Copper also is refining its longer-term downstream processing strategy, including the potential construction of a smelter or hydrometallurgical processing facility.

    In March 2021, Ivanhoe Mines completed a US$575 million, 2.50% convertible senior notes offering. The funding positions Ivanhoe and joint-venture partners to fast-track additional hydropower upgrades to provide sufficient clean and renewable electricity for Kamoa-Kakula expansions to 19 million tonnes of ore per annum and beyond, including a smelter. Funding also allows for expansion and acceleration of the Western Foreland exploration program, in pursuit of the next world-scale copper discovery.

    In April 2021, Ivanhoe announced that Ivanhoe Mines Energy DRC signed an agreement with the DRC's state-owned power company SNEL to upgrade a major turbine at the Inga II hydropower facility. The upgraded turbine is expected to produce 162 megawatts of clean, renewable hydropower, providing the Kamoa-Kakula Copper Mine with sufficient, sustainable electricity for future expansions, including a copper smelter.

    In May 2021, Ivanhoe pledged to achieve net-zero operational greenhouse gas emissions (Scope 1 and 2) at the industry-leading Kamoa-Kakula Copper Mine. Since the mine already is powered by clean, renewable hydro-generated electricity, the focus of the company's net-zero commitment will be on electrifying the project's mining fleet with new, state-of-the-art equipment powered by electric batteries or hydrogen fuel cells, when commercially available.

    In February, Ivanhoe began its 2021 exploration program on its Western Foreland licences that cover a combined area of approximately 2,550 square kilometres in close proximity to Kamoa-Kakula. The 2021 exploration budget has been increased to $21 million to include additional drilling and surveys. The budget may be further expanded based on program results.

    To support Ivanhoe's growth plans, future capital needs and widen shareholder support, the company is considering the viability of seeking one or more listings on international stock exchanges. Any such listing(s) would be subject to market conditions and meeting listing requirements.

    In February 2021, Ivanhoe announced that its South African subsidiary, Ivanplats, is arranging project-level financing of up to $420 million to advance development of the world-scale Platreef palladium, rhodium, platinum, nickel, copper and gold project in South Africa.

    Ivanplats has signed a non-binding term sheet with Orion Mine Finance, a leading international provider of production-linked stream financing to base and precious metals mining companies, for a $300-million gold, palladium and platinum streaming facility. Ivanplats also has appointed two prominent, international commercial banks - Societe Generale and Nedbank - as mandated lead arrangers for a senior project debt facility of up to $120 million.

    Ivanplats' proposed financings follow the November 30, 2020 issuance of the outstanding findings of an independent Platreef Integrated Development Plan 2020 (Platreef IDP20), which consists of an updated feasibility study (Platreef 2020 FS) and a preliminary economic assessment (Platreef 2020 PEA). The initial capital cost for the phased development plan under the Platreef 2020 PEA, starting at a mining rate of 700,000 tonnes per annum (700 ktpa), is estimated at $390 million.

    Detailed engineering is underway on Platreef's 700-ktpa initial mine design, 770-ktpa concentrator and associated infrastructure for the phased development plan, which is scheduled to be incorporated into an updated feasibility study before the end of 2021. The Shaft 1 changeover is progressing well in preparation for permanent hoisting by early 2022.

    At the Kipushi Mine redevelopment project in the DRC, the Kipushi Project's draft feasibility study, and development and financing plan are being reviewed by Ivanhoe Mines together with its joint-venture partner and state-owned mining company, Gécamines. The project is maintaining a reduced workforce to conduct maintenance activities and pumping operations.

    Ivanhoe has made excellent progress in upgrading Kipushi's underground infrastructure to allow for mining to quickly begin at the ultra-high-grade Big Zinc orebody. Resumption of production at the mine now requires the construction of a surface processing plant and other related surface production facilities. Discussions are continuing with Gécamines to advance a new era of production at Kipushi and it is anticipated that these discussions will be concluded with the finalization of the feasibility study and the agreement on the development and financing plan by mid-2021.

    At the end of Q1 2021, Kamoa-Kakula had reached 628,000 work hours free of a lost-time injury, Kipushi had reached 3.14 million work hours free of a lost-time injury, and Platreef had reached 202,000 work hours free of a lost-time injury.
243 Posts
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