BASE METALS

Friedland sees copper supply cliff

ROBERT Friedland’s Ivanhoe Mines is expanding its Kamoa-Kakula operation in the Democratic Republic of Congo to 600,000 tonnes of copper per annum, but it is not expected to put a dent in demand.

Kristie Batten in Cape Town
 Robert Friedland speaking at Mining Indaba 2022

Robert Friedland speaking at Mining Indaba 2022

Kamoa-Kakula achieved first production a year ago and the phase two concentrator achieved commercial production last month. Guidance for 2022 is 290,000-340,000t of copper at C1 costs of US$1.20-1.40 per...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.