Ivanhoe Mines announces an outstanding pre-feasibility study for the rebirth of the historic Kipushi zinc-copper-silver-germanium mine in ...
(WorldNews Canada)

Redevelopment plan to bring Kipushi´s Big Zinc Zone into production in less than two years, with life-of-mine average annual production rate of 225,000 tonnes of zinc and cash costs of US$0.48/lb of zinc Big Zinc Zone has estimated 10.2 million tonnes of Measured and Indicated Mineral Resources grading 34.9% zinc Successful restoration of production to establish Kipushi as the world´s highest-grade major zinc mine After-tax NPV of US$683 million and 35% IRR, based on long-term zinc price of US$1.10/lb, with pre-production capital of US$337 million Kipushi has after-tax NPV of US$1.2 billion and IRR of 51% at current zinc price of approximately US$1.40/lb...