Ivanhoe Mines claims that it has found what could possibly be Africa’s most significant copper deposit in the Democratic Republic of Congo.
Ivanhoe Mines DRC Managing Director, Louis Watum, described results from drilling at Kakula, in the Southern portion of Ivanhoe’s Kamoa project as enormous, at a conference in the country’s capital, Kinshasa.
In a separate statement, Chief Executive Office, Robert Friedland, commented: “Earlier discoveries already established Kamoa as the world’s largest, undeveloped, high-grade copper discovery. This could prove to be Africa’s most significant copper discovery.”
Source: Adapted for African Mining Brief Online from Bloomberg News