Thursday, May 29, 2025
Market News Board | Market Analysis,Charts & News
No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Judge blocks Trump ban on Harvard’s international students

    Shell Discontinues Brazilian Renewable Projects

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report

    Germany Upgrades First-Quarter Growth on Manufacturing Strength Ahead of Tariffs

    Dollar drops as investors prepare for court battle on tariffs

    Shell Discontinues Brazilian Renewable Projects

    Transcript : DXC Technology Company Presents at TD Cowen?s 53rd Annual Technology, Media & Telecom Conference 2025, May-29-2025 01

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Brazil sugar output falls by smaller than expected 6.8% in first half of May, says UNICA,

    The stock market cheered Trump's tariff setback. But the new reality may be more 'uncertainty.'

    The stock market cheered Trump’s tariff setback. But the new reality may be more ‘uncertainty.’

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Mativ Receives First Purchase Order for Materials Used in Miru eWindow Automotive Technology

    Shell Discontinues Brazilian Renewable Projects

    North Korea enabled Russian attacks on Ukrainian civilian infrastructure, monitoring group says

    Shell Discontinues Brazilian Renewable Projects

    Arcbest Appoints Mac Pinkerton As Chief Operating Officer Of Asset-Light Logistics

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    'Most-Hated L1': Arthur Hayes Thinks Ethereum Could Double in Price This Year

    ‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year

    How to Buy Bitcoin in Canada

    How to Buy Bitcoin in Canada

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Judge blocks Trump ban on Harvard’s international students

    Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

    Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

    Bitcoin Price Slides Below $106K as Analyst Predicts Ethereum Breakout

    Bitcoin Price Slides Below $106K as Analyst Predicts Ethereum Breakout

    Shell Discontinues Brazilian Renewable Projects

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
Market News Board
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • All
    • Gold
    • Oil
    • Silver
    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Judge blocks Trump ban on Harvard’s international students

    Shell Discontinues Brazilian Renewable Projects

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report

    Germany Upgrades First-Quarter Growth on Manufacturing Strength Ahead of Tariffs

    Dollar drops as investors prepare for court battle on tariffs

    Shell Discontinues Brazilian Renewable Projects

    Transcript : DXC Technology Company Presents at TD Cowen?s 53rd Annual Technology, Media & Telecom Conference 2025, May-29-2025 01

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Brazil sugar output falls by smaller than expected 6.8% in first half of May, says UNICA,

    The stock market cheered Trump's tariff setback. But the new reality may be more 'uncertainty.'

    The stock market cheered Trump’s tariff setback. But the new reality may be more ‘uncertainty.’

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Mativ Receives First Purchase Order for Materials Used in Miru eWindow Automotive Technology

    Shell Discontinues Brazilian Renewable Projects

    North Korea enabled Russian attacks on Ukrainian civilian infrastructure, monitoring group says

    Shell Discontinues Brazilian Renewable Projects

    Arcbest Appoints Mac Pinkerton As Chief Operating Officer Of Asset-Light Logistics

    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • All
    • Bitcoin
    • Ethereum
    'Most-Hated L1': Arthur Hayes Thinks Ethereum Could Double in Price This Year

    ‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year

    How to Buy Bitcoin in Canada

    How to Buy Bitcoin in Canada

    Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024

    Judge blocks Trump ban on Harvard’s international students

    Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

    Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui

    Bitcoin Price Slides Below $106K as Analyst Predicts Ethereum Breakout

    Bitcoin Price Slides Below $106K as Analyst Predicts Ethereum Breakout

    Shell Discontinues Brazilian Renewable Projects

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report

    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP
No Result
View All Result
Market News Board | Market Analysis,Charts & News
No Result
View All Result
Home Commodities

Ivanhoe Mines Ltd. Provides Operational Update on the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, Following the Temporary Suspension of Operations At the Kakula Underground Mine

by Market News Board
3 days ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024
Share on FacebookShare on TwitterShare on Pinterest

Published on 05/26/2025 at 14:05

Ivanhoe Mines Ltd. provided an operational update on the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, following the temporary suspension of operations at the Kakula underground mine, as first announced by the company on May 20, 2025. Senior management and a world-class team of geotechnical experts continue to conduct a thorough investigation of the mine to understand the cause and effect of the seismic activity.
Seismic activity at the Kakula underground mine has continued to occur intermittently over the past few days. Given the recent seismic activity, underground activities were suspended again on Saturday, May 25, 2025, with
employees safely brought above ground and mobile equipment removed from the mine workings. The safety of employees and contractors remains paramount, and zero lost time injuries have been reported. Preliminary indications are that seismic activity at the Kakula underground could potentially continue for weeks, which would inhibit access to the mine and prolong the temporary suspension of operations at Kakula. As a result of the impact on underground pumping and electrical infrastructure, to date, there has been an increase in water inflow levels into the Kakula underground mine. Kamoa Copper, with support from Ivanhoe and Zijin Mining, is currently preparing detailed dewatering plans, including the acquisition of additional pumping equipment to increase pumping capacity and allow for dewatering from surface. Ivanhoe would like to thank its Chinese partners Zijin and CITIC Metal for their assistance in procuring additional equipment for the dewatering efforts. As underground areas are deemed safe for crews to return, the initial focus will be to inspect, repair, and restart pump stations and associated piping, as well as
electrical substations and associated cabling. Remediation work continues in the shallower western sections of the Kakula Mine, where current dewatering rates are approximately 1,000 litres per second (L/s). Kamoa Copper’s engineering team is focused on restoring underground pumping capacity to over 3,000 L/s, which is deemed sufficient to stabilize water levels. In parallel, the management team intends to install at all of mines high-capacity pumping systems that can operate from surface as permanent infrastructure. Surface infrastructure at Kakula, including the Phase 1 and 2 concentrators and direct-to-blister smelter, remains completely unaffected. The Phase 1 and 2 concentrators are currently processing ore from surface stockpiles. Mining activities at the Kamoa underground mine and processing at the adjacent Phase 3 concentrator continue to operate normally. Kamoa-Kakula’s 2025 production and cost guidance, along with the ramp-up schedule for the direct-to-blister smelter, have been withdrawn pending review. Ivanhoe will provide further updates as more information is available. Ivanhoe and Zijin continue to work collaboratively under a strong partnership at the joint-venture level and are committed to returning Kakula back to production as soon as safely possible.

Source link >

Related Posts

'Most-Hated L1': Arthur Hayes Thinks Ethereum Could Double in Price This Year
Crypto

‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year

18 minutes ago
How to Buy Bitcoin in Canada
Bitcoin

How to Buy Bitcoin in Canada

30 minutes ago
Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024
Commodities

Judge blocks Trump ban on Harvard’s international students

58 minutes ago
Next Post
Ethereum Fails To Break $2,100 Resistance – Growing Downside Risk? — TradingView News

Only 485 ETH Available After $871K Raised — TradingView News

BlackRock Issues Bitcoin Warning, Says BTC Source Code Could Be Rendered ‘Flawed or Ineffective’ by Quantum Computing

BlackRock Issues Bitcoin Warning, Says BTC Source Code Could Be Rendered ‘Flawed or Ineffective’ by Quantum Computing

Shell Discontinues Brazilian Renewable Projects

Latam assets steady after Trump postpones EU tariffs, trade deal eyed

Recent Posts

  • ‘Most-Hated L1’: Arthur Hayes Thinks Ethereum Could Double in Price This Year
  • How to Buy Bitcoin in Canada
  • Judge blocks Trump ban on Harvard’s international students
  • Forexlive Americas FX news wrap 29 May: Tariffs off and on again on court rulings
  • Trader Michaël van de Poppe Says Ethereum-Based Altcoin Primed To Do Well in Coming Months, Updates Outlook on Bitcoin and Sui
Market News Board | Market Analysis,Charts & News

© 2025 - Market News Board

Navigate Site

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Home
  • Market Overview
    • Stock Market
    • Indices
    • ETFs
    • Forex Market
  • News
    • Economy News
    • Forex News
    • Cryptocurrency News
  • Economic Calendar
  • Commodities
    • Gold
    • Oil
    • Silver
  • Analysis
  • Charts
  • Crypto
    • Bitcoin
    • Ethereum
    • Litecoin
    • Ripple
    • Stellar
    • XRP

© 2025 - Market News Board