DRC copper discovery Africa’s largest ever, says Ivanhoe Mines

Following the release of a maiden resource statement for the Kamoa/Kakula project, Africa-focused project developer Ivanhoe Mines has confirmed the Democratic Republic of Congo- (DRC-) based project as the largest copper discovery ever made on the continent. The company on Wednesday published a technical report prepared by US-based firm Amec Foster Wheeler, outlining a compliant indicated resource totalling 192-million tonnes grading 3.45% copper, containing 14.6-billion pounds of the red metal at a 1% copper cutoff.