Canada’s Ivanhoe Mines (TSX:IVN) said on Monday that progress at its Kakula copper project, the first of multiple planned mining areas at Kamoa-Kakula in the Democratic Republic of the Congo (DRC) continues ahead of schedule.
The company, together with its joint venture (JV) partner China’s Zijin Mining Group, has now completed more than 17 km of underground development, of which 5.1 kms is ahead of schedule.
Ivanhoe also said that Kakula’s 2,000-tonne-per-hour ore conveyor system began operations in June, which will further increase the mine’s pace of underground development.
As work on extending the mine below the surface progresses over the next few months, the majority of the headings are expected to transition into the high-grade ore zones, Ivanhoe said.
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