Ivanhoe Mines Ltd.

Ivanhoe's 26-year odyssey of discovery realizes a globally significant copper complex essential for the energy transition2023 IDP consists of a pre-feasibility study (PFS) for the Phase 3 and 4 expansions of Kamoa-Kakula, and a preliminary economic assessment (PEA) life-of-mine extension casePhase 3 expansion, to be completed in 2024, increases Kamoa-Kakula's annual copper production to a ten-year average of 620,000 tonnes of copper, at cash costs (C1) of $1.22/lb.Expansion to 19.2 Mtpa in PFS case yields after-tax NPV8% of $19.1 billion, over a 33-year mine life$20.2 billion after-tax NPV8% i...

Company-wide capital expenditure guidance for 2023 and 2024 to be released on Tuesday, January 31Investor conference call discussing 2023 Integrated Development Plan to be held on Tuesday, January 31London, United Kingdom--(Newsfile Corp. - January 24, 2023) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release the Kamoa-Kakula 2023 Integrated Development Plan (Kamoa-Kakula 2023 IDP), as well as the 2023 cash cost (C1) guidance for Kamoa-Kakula before market open on Monday, January 30, 2023.In addition, before market open on Tuesday, January 31, 2022, the company will release its group-wide c...

Kamoa-Kakula produced approximately 333,500 tonnes of copper in 2022, achieving the upper end of its guidance rangeYear-over-year copper production increased by 215%Kamoa-Kakula sets 2023 production guidance at between 390,000 and 430,000 tonnes of copper in concentrateDebottlenecking program over 90% complete; soon increasing the rate of annualized production to 450,000 tonnes of copper in concentrateKamoa-Kakula 2023 Integrated Development Plan will be issued during the week of January 30, 2023; and will include cash cost and capital expenditure guidanceKamoa Copper's outstanding growth prof...