Ivanhoe Mines Expands Makoko Discovery, Reinforcing Copper Exploration Ambitions

Ivanhoe Mines ( (TSE:IVN) ) just unveiled an announcement.

Ivanhoe Mines has announced significant advancements in its exploration activities at the Western Forelands project in the DRC, revealing a substantial extension of the Makoko discovery to over 13 kilometers. With a substantial exploration budget of $75 million set for 2025, Ivanhoe aims to further expand its operations and sustain its competitive edge in the mining industry. The discovery of the Makoko West extension, featuring shallow and high-grade copper mineralization, represents a strategic enhancement to Ivanhoe’s resource base, potentially impacting its operational capabilities and market positioning.

More about Ivanhoe Mines

Ivanhoe Mines is a mining company focused on the exploration and development of mineral properties, primarily in the Democratic Republic of the Congo (DRC). The company is engaged in the mining and exploration of metals, with a particular focus on copper, and is known for its strategic projects like the Kamoa-Kakula Copper Complex.

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