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Kipushi Zinc Mine Reopens in DRC After 31 Year Production Hiatus

Summary by Investing News Network
Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and the Democratic Republic of Congo (DRC) marked a major milestone with the reopening of the Kipushi mine after a 31 year operational hiatus.An 800,000 metric ton (MT) per year concentrator facility was completed at Kipushi in May, with first concentrate produced in June. The mine’s projected output for the year is between 50,000 and 70,000 MT of zinc in concentrate.Over the next five years, Ivanhoe expects …
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Investing News Network broke the news in on Monday, November 25, 2024.
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