Africa-focused project developer Ivanhoe Mines has reported strong operating metrics for the high-grade Kipushi zinc/copper mine, in the Democratic Republic of Congo (DRC), after publishing a new preliminary economic assessment (PEA) Monday.
The PEA, conducted by consulting engineering firms OreWin, of Adelaide, Australia, and the MSA Group, based in Johannesburg, South Africa, calculated a after-tax net present value at an 8% real discount rate of $533-million, and an after-tax internal rate of return of 30.9%.
