Ivanhoe Mines (TSX: IVN) says it has begun the second stage of its Kakula mine dewatering plan, but will delay its copper production guidance for the next two years until that has advanced.
Three out of the four Stage 2 high-capacity, submersible pumps were recently installed and commissioned on schedule, the company said in a press release, adding that the underground water level in the Kakula mine has since dropped by about 10 metres out of a possible 80 metres.
The Vancouver-based miner also said it expects all four pumps to start operating in the coming days at a combined pumping rate of approximately 2,600 litres per second. At that point, it will reposition the existing Stage 1 temporary pumping infrastructure further down the mine, following the water level as it declines.
Ivanhoe…
