16
Nov
16:13
COPPER: Kamoa-Kakula mine produces 3Q operating profit of $209.7m
Canada-based Ivanhoe Mines is reporting a third quarter 2021 profit of $85.4 million and its Kamoa-Kakula copper mine in the Democratic Republic of the Congo is reporting an inaugural operating profit of $209.7m in the quarter, Kallanish reports.
The Kamoa-Kakula copper mine achieved Phase 1 commercial production on 1 July, 2021. It began producing copper last May.
The mine produced 41,545 tonnes of copper in 3Q 2021 and the company has raised copper production g…
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