Canadian mining company Ivanhoe Mines saw its profits from last year soar due to record copper sales. A recently published statement from the mining firm revealed that it sold 323,733 tons of payable copper last year and generated a record annual revenue of $2.15 billion. Ivanhoe’s total profit for the year stood at a whopping $434 million and could primarily be attributed to the company’s Kamoa-Kakula joint venture, which brought in around $405 million.
In the south of the Democratic Republic of Congo in the Kolwezi District of Lualaba, the Kamoa-Lakula Copper Complex produced more than…
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