Mining News

Ivanhoe’s Kamoa-Kakula ramps up successfully, sells 41 490 t of copper

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During its first quarter of production, ended September 30, TSX-listed Ivanhoe Mines’ Kamoa-Kakula joint venture, in the Democratic Republic of the Congo, sold 41 490 t of payable copper and recognised revenue of $342.6-million. It achieved an operating profit of $209.7-million and earnings before interest, taxes, depreciation and amortisation (Ebitda) of $233.2-million.

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