Copper $ 5.8395 / lb 2.81%
Brent Crude Oil $ 60.64 / bbl -2.74%
Palladium $ 2023.3 / ozt 9.99%
Crude Oil $ 56.74 / bbl -2.76%
Natural Gas $ 3.879 / Btu 3.91%
Silver Futures $ 79.675 / ozt 9.56%
Aluminum Futures $ 2964.5 / ton -0.20%
Micro Gold Futures $ 4585.7 / ozt 1.51%
Micro Silver Futures $ 79.675 / ozt 10.17%
Platinum $ 2471.4 / ozt 7.77%
Gold Futures $ 4552.7 / ozt 0.65%
Go to MDC Markets

Cost of Ivanhoe’s giant copper project in Congo hits $1.3 billion

Cecilia Jamasmie | November 08, 2019 | 7:27 am Exploration Intelligence Africa Copper 

Canada’s Ivanhoe Mines (TSX:IVN) said Friday that initial capital costs for its Kakula copper mine in the Democratic Republic of Congo (DRC) is now estimated at $1.3 billion — an 18% increase over planned costs. The fresh figure, which includes expanded...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now