Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Canadian miner Ivanhoe has appointed Ben Munanga as the new chairman of its joint venture, Kamoa Copper, two of its existing board members announced today. 


Munanga was formerly the general manager at Ivanhoe Mines Energy in the Democratic Republic of Congo (DRC). The appointment comes within months of Kamoa-Kakula’s first copper production scheduled for July 2021 in the DRC.


Kamoa Copper is a joint venture between Ivanhoe, Zijin Mining Group, Crystal River, and the DRC government. It is overseeing the expansion and slated production of the Kamoa-Kakula copper mine. 


The mine is currently in phase 3 of its expansion plan with a targeted annual copper production of 530,000mt. It has also reported record levels of copper ore output across multiple grades in March 2021, 18pc higher than in February.

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