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The Race For Copper, The Once And Future Metal

by Frank Holmes, U.S. Global InvestorsThe International Energy Agency (IEA) was founded in 1974 in response to oil embargos the previous year that caused the global price of oil to surge 300% from $3 per barrel to $12 per barrel. From the start, the IEA’s mission has been to help member nations deal with major oil supply disruptions.

Ivanhoe begins production at Congo s Kamoa-Kakula copper mine

Ivanhoe begins production at Congo’s Kamoa-Kakula copper mine 27 May 2021 (Last Updated May 27th, 2021 10:03) The Kamoa-Kakula mine is being developed in phases and located in the Kolwezi District of Lualaba. Share Article Production begins at Kamoa-Kakula’s Phase 1 project. Credit: Ivanhoe Mines. Ivanhoe Mines has commenced copper production from the Kamoa-Kakula mine in the Democratic Republic of Congo (DRC). The move follows the completion of initial hot commissioning tests on the ball mills and other processing equipment at the mine’s concentrator plant. Located in the Kolwezi District of Lualaba, the Kamoa-Kakula mine is being developed in phases. The first phase is estimated to produce 200,000tpa of copper.

Ivanhoe Mines Begins New Era of Commercial Copper Production

Kamoa-Kakula discovery enters production after 24 years of dedicated exploration and development effortsDemocratic Republic of Congo's President Félix Tshisekedi congratulates Ivanhoe for reaching the production milestone at the world-class discoveryPhase 2 concentrator expansion continues ahead of schedule Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng "Miles" Sun are pleased to announce the start of copper .

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