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Ivanhoe makes new Tier 1 discovery at Kamoa

Africa-focused explorer and project developer Ivanhoe Mines has made a new tier-one, high-grade and flat-lying layered copper discovery in the Kakula exploration area, about five kilometres southwest of the currently defined resources at the Kamoa copper deposit, in the Democratic Republic of Congo (DRC).
Being one of the latest iterations of Billionaire mining legend Robert Friedland’s lustrous career, Ivanhoe on Monday advised that the new discovery was ideally situated for low-cost mechanised mining.