COPPER EXPLORATION
Africa-focused explorer and project developer Ivanhoe Mines has made a new tier-one, high-grade and flat-lying layered copper discovery in the Kakula exploration area, about 5 km southwest of the currently defined resources at the Kamoa copper deposit, in the Democratic Republic of Congo (DRC). Ivanoe – one of the latest iterations of billionaire mining legend Robert Friedland’s lustrous career – on Monday advised that the new discovery was ideally situated for low-cost mechanised mining.
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