Copper output at Ivanhoe’s Congo mine jumps in second quarter
me-metals: Ivanhoe Mines’ production from its flagship Kamoa-Kakula mine in the Democratic Republic of Congo jumped 11% year-on-year to 112,009 metric tons of copper in the second quarter, the company said in a statement on Tuesday.
According to me-metals cited from mining.com, Output rose despite seismic challenges that disrupted operations earlier this year. The Canadian miner resumed operations in June and cut its 2025 production guidance by nearly 30% to between 370,000 tons and 420,000 tons.
“Ivanhoe’s rapid ramp-up and steady outlook underscore Kamoa-Kakula’s position as one of the lowest-cost, highest-margin copper producers globally,” said Zack Hartwanger, senior Africa commercial officer at commodity trader Open Mineral.
“Operational recovery plans are well underway at Kamoa-Kakula,” said Ivanhoe executive co-chairman Robert Friedland.
Ivanhoe has started mining lower-grade areas on the western side of Kakula and is currently producing ore containing 3-4% copper, while implementing a two-stage de-watering program to access flooded eastern sections.
Mining operations on the western side restarted in early June, ramping up to 300,000 tons per month by mid-June, according to the statement.
The company said it was investing $70 million in high-capacity de-watering infrastructure, with five submersible pumps arriving from China next month.
Mining in higher-grade areas of approximately 5% copper on the western side will resume by year-end, Ivanhoe said.
The operational turnaround comes as Kamoa-Kakula prepares for the September ramp up of its 500,000-ton-per-annum copper concentrate facility.
First anode production from the facility is expected in October. The facility will transform the operation from a concentrate exporter to a producer of 99.7% pure copper anodes, the company said.
The Kamoa-Kakula complex is one of the world’s largest copper mines, crucial for global supply amid rising demand for the energy transition metal.
Copper prices have risen more than 8% so far this year compared to the same period last year.
source: mining.com
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