Ivanhoe Mines Confirms Copper Resource At Kamoa


News: Canadian exploration company Ivanhoe Mines' recent drilling and exploration programme at its Kamoa copper property in the Democratic Republic of Congo has confirmed the 2012 resource estimate of the project. In 2012, the property's indicated mineral resource was estimated as 739mn tonnes (t), grading 2.67% copper and containing 43.5bn pounds copper. The drilling has enhanced the resource cut-off grade to 1.5% from the earlier stated 1%, which is likely to enable selective mining of higher-grade areas during the early years of mining.

This article is tagged to:
Sector: Mining
Geography: Congo