Ivanhoe says it disputes Zijin statement on Congo mine suspension
ReutersMay 23, 2025 1:53 PM
LONDON, May 23 (Reuters) - Ivanhoe Mines IVN.TO on Friday disputed a statement by its Chinese partner about problems at their co-owned Kakula copper mine in the Democratic Republic of Congo after seismic activity.
"The press release by Zijin Mining refers to '..multiple roof-falling and rib-spalling in the eastern section of the [Kakula] mine,' Ivanhoe said.
"Ivanhoe Mines does not agree with this statement."
Zijin warned in a statement released earlier on Friday that the mine may not meet annual production guidance, but Ivanhoe also disputed that, saying an investigation still had to be completed.
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