Zijin News - The Phase 1, 3.8 million-tonne-per-annum (Mtpa) concentrator plant of stage one of the Kamoa-Kakula Copper Mine Project in the Democratic Republic of the Congo (the “DRC”), being a joint investment among Zijin Mining Group Co., Ltd.* (the “Company”), Ivanhoe Mines Ltd. of Canada (“Ivanhoe”) and the government of the DRC, has started on 25 May 2021ahead of schedule. In April 2021, the ...

Zijin News, the construction of Phase 1 3.8-Mtpa concentrator plant is 98% completed. The first 3 stages of commissioning has completed, with advanced-stage commissioning underway. Kamoa-Kakula is expected to begin producing copper later this month or early June, several months ahead of schedule. Kamoa-Kakula set another monthly mine development record in April, bringing total underground developm...

Zijin News - The construction of Kakula’s Phase 1 3.8Mtpa processing plant has completed 90% and is expected to complete by the end of June 2021. Phase 1 processing plant is scheduled to start production in July 2021. The construction of phase 2 3.8Mtpa processing plant has also progressed well. Kamoa-Kakula project has mined 400,000 tonnes of ore grading 5.36% copper in March which brings the tot...

Zijin News, Recently, Kamoa-Kakula Project secures US$420 million in project-level credit facilities. The credit facilities improve cash flow for the projects and will be used to accelerate Kamoa-Kakula’s Phase 2 expansion to Q3 2022, significantly ahead of schedule. The Kamoa-Kakula Project released an independent pre-feasibility study for the expansion to 7.6 million tonnes per annum in Septembe...

Zijin News on 11th November 2020, The main access tunnels between the northern and southern declines at the Kakula Mine of Zijin Mining in DRC were connected in the high-grade core of the deposit. The initial joinning of tunnels improves underground ventilation and enables entry into high-grade ore from both sides of the deposit for mining crews. This connection of tunnels has opened up the first ...