Ivanhoe Mines, listed on the Toronto Stock Exchange (TSX), has set an ambitious production target for its flagship Kamoa-Kakula copper complex in the Democratic Republic of the Congo (DRC), aiming for between 520,000 and 580,000 tonnes of copper in concentrate in 2025. This target builds on the record-breaking success of 2024, where the complex produced 437,061 tonnes, marking a 12% year-on-year increase.
Tag: mining infrastructure
The Challenges and Opportunities of Open Cast Mining in Namibia During the Rainy Season
Open cast mining in Namibia plays a crucial role in the country’s economy but faces significant challenges, especially during the rainy season. The impact of heavy rains exacerbates environmental, safety, and operational concerns, such as soil erosion, water contamination, and flooding in mining pits. These issues are compounded by the financial burden of adhering to environmental regulations and maintaining infrastructure in remote areas. Despite these challenges, opportunities for growth exist through technological advancements, such as automated water pumping systems, and government incentives that support exploration and investment. The sector also stands to benefit from beneficiation, which allows for higher market prices by refining minerals before export. By leveraging innovation and collaboration, Namibia’s mining sector can overcome seasonal adversities and achieve sustainable growth.