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Ivanhoe says construction of Kamoa-Kakula’s 500,000 tonnes per annum smelter is on schedule for construction completion by end of year. Credit:Ivanhoe Mines has adjusted down its 2024 production guidance despite producing a record 116,313 tonnes of copper in concentrate during the third quarter at its Kamoa-Kakula mine complex in the Democratic Republic of the Congo .
During the third quarter, the Phase 1 and 2 concentrators milled approximately 2.2 million tonnes of ore at an average feed grade of 4.9% copper. Quarterly copper production from the concentrators totalled 94,214 tonnes, at an average recovery rate of 86.6%.The Phase 3 concentrator, which achieved commercial production during the third quarter, milled approximately 1.1 million tonnes of ore predominantly from historical surface stockpiles at an average feed grade of 2.6% copper.
Since its first concentrate production this June, the Kipushi’s concentrator has continued to ramp up, with approximately 88,000 tonnes of stockpile ore milled during the third quarter at an average feed grade of 27.1% zinc. Quarterly zinc production from the concentrator was 17,817 tonnes, at an average flotation recovery rate of 72%. Exports of zinc concentrate also commenced towards the end of the quarter.
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