(Ecofin Agency) - In its new operational update released last Thursday, Ivanhoe Mines said it would proceed to a new resource estimation at its Kakula Discovery deposit, in DR Congo, by the end of this year. 

The new estimation which will cover the whole deposit, will be based on a 12km extension delineated as a result of a drilling campaign carried out by the firm throughout the third quarter of this year, and which is still going on. The firm plans to scale up the forecast it released in May 2017 for the deposit which at the time was supposed to hold 116 million tons (6.09% of copper) of indicated resources and 12 million tons of inferred resources (4.45%). 

Let it be recalled that the Kakula deposit had enable Ivanhoe Mines to increase the resources of the Kamoa project, making this one, the most important discovery of Africa’s biggest copper project.

Louis-Nino Kansoun