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Ivanhoe Mines owns 68% of Kipushi Mine, while state-owned Gécamines owns 32%. [10] The zinc mine is located near the city of Kipushi in the DRC's Haut-Katanga province. Kipushi has an estimated 10.2 million tonnes of measured and indicated Mineral Resources grading 34.9% zinc. [11] The Platreef Project, a platinum mine in Limpopo province ...
2000 - In December ABM Mining (private) was merged into Ivanhoe Mines. At the time Ivanhoe's main assets included 50% of Myanmar's Monywa Copper Project (28,500 tonnes/year); that year production by both companies totalled 13,350 tonnes for copper, 2 million tonnes for iron ore pellets and 48,000 tones for iron ore concentrate. ABM Mining was ...
The current Ivanhoe Mines was launched in 1993 as African Minerals to pursue mineral interests in Southern Africa. It was renamed Ivanplats Limited in 2011, and then Ivanhoe Mines in 2013. Friedland also operates Ivanhoe Capital from its corporate headquarters in Singapore – a location that has facilitated his focus on the Asia Pacific region ...
It was an active producing mine between 1925 and 1993, as of 2006 there was an estimated 16.9 million tons of ore in the measured and indicated categories, with a grade averaging of 16.7% zinc and 2.2% copper. [3] Since 2011, the Kipushi Mine is now majority owned by Ivanplats. [4]
This mine, operated by Teck Resources (NYSE:TECK), is the world's largest zinc mine and a notable producer of germanium—a critical mineral used in fiber optics, computer chips, and night-vision ...
In 2019, 552,400 tonnes of zinc, 71 percent of US mined zinc production, and 4.2 percent of world zinc production, came from Teck Resources' Red Dog mine, the world's most productive zinc mine, in northwest Alaska, near Kotzebue. [2] [3] [1] The mine opened in 1989. [4] The zinc is shipped as concentrate to foreign smelters.
Billionaire tech mogul Elon Musk drew attention to a circa 1960 converted underground limestone mine in Pennsylvania his team stumbled upon that is still being used to process paperwork for ...
The mine is said to account for more than 30% of Mongolia's GDP upon completion. [11] In early 2010 global mining company Rio Tinto owned 22.4% of Oyu Tolgoi owner Ivanhoe Mines (now Turquoise Hill Resources), and gave both technical assistance and financial support to the project. At the time Rio Tinto had the option of increasing their stake ...