Ivanhoe Mines’ Giant Kamoa Copper Discovery in the DRC — A Metallurgical Perspective

"Ivanhoe Mines’ Kamoa copper project is a recently discovered high-grade copper sulphide deposit in the Katanga Province of the Democratic Republic of Congo. The mineralization identified to date within the resource is typical of sedimentary-hosted stratiform copper deposits and comprises three distinct units: supergene, mixed, and hypogene mineralization. Since 2010, various metallurgical test work campaigns have been conducted on drill core from different areas within the deposit in line with resource expansion. The most recent bench-scale flotation test work has shown positive repeatable results. The work was conducted on a composite sample of drill core from the southern part of the Kamoa resource. The sample is representative of the first four to five years of planned production, when Ivanhoe Mines intends to produce clean, highgrade copper flotation concentrate. A detailed test work roadmap developed from first principles for the campaign led to an optimum flow sheet for treating the Kamoa mineralization. Copper recoveries of 88.3%, at a concentrate grade of 39.0% copper, were achieved using a composite sample — an improvement on the previously published 85.9% life-of-mine average copper recovery indicated in the November 2013 Kamoa Preliminary Economic Assessment. IntroductionThe Kamoa project is a newly discovered, very large, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 km west of the town of Kolwezi in the Democratic Republic of the Congo (DRC) and about 270 kilometres west of the provincial capital of Lubumbashi. Ivanhoe Mines holds its 95% interest in the Kamoa copper project through a subsidiary company, Kamoa Copper SA Limited SPRL, and DRC government owns 5%. The project location is indicated in Figure 1.In January 2013, a new independent mineral resource estimate ranked Kamoa as Africa's largest high-grade copper discovery and the world's largest undeveloped highgrade copper discovery. At this time, Ivanhoe Mines had estimated discovered Indicated Mineral Resources of 739 Mt grading 2.67% copper, containing 43.5 billion pounds of copper, and Inferred Mineral Resources of 227 Mt grading 1.96% copper, containing 9.8 billion pounds of copper, as demonstrated in the Preliminary Economic Assessment (PEA) (AMC, 2013). A 1% copper cut-off grade and a minimum vertical mining thickness of 3 m were applied in each classification."