Kamoa-Kakula received four 4.2 megawatt, 650-litre-per-second, submersible pumps in early August. Credit: Ivanhoe Mines
Ivanhoe Mines (TSX: IVN) says draining the East section of Kamoa-Kakula, Africa’s largest copper mine by output, should allow mining to restart early next year while it plans to provide new production forecasts within weeks.
The company is ramping up its dewatering with four new high-capacity submersible pumps, it said Monday. The western side is expected to be fully drained within eight weeks, which would allow Ivanhoe to regain access to higher-grade areas by year-end.
The company now expects to state new 2026 and 2027 outlooks and a new life-of-mine plan by mid-September.
The “update matches previously guided timelines for dewatering Kakula,” BMO Capital Markets mining analyst Andrew Mikitchook said in a note on Monday.
Ivanhoe halted operations at Kamoa-Kakula for three…
