Ivanhoe Mines announces first anode production from Kamoa-Kakula copper smelter
TSX-listed Ivanhoe Mines Executive Co-Chairman Robert Friedland and CEO Marna Cloete announced that the first copper anodes were produced by Kamoa-Kakula’s on-site, state-of- the-art 500 000-tonne-per-annum direct-to-blister copper smelter on 29 December 2025, about five weeks after the commencement of the smelter’s heat-up and one week after the first feed of concentrate. Friedland commented: “The first production of copper anodes from our world-class smelter is a defining moment for Kamoa-Kakula... This achievement is the culmination of a $1.1 billion investment, 18 million man- hours of disciplined execution, and an outstanding health and safety record that reflects the professionalism and commitment of everyone involved. This facility will deliver the highest-quality
Ivanhoe Mines produces first copper anodes at Kamoa-Kakula’s copper smelter.
Congolese copper anodes to the international markets, setting a new
global benchmark for scale, efficiency, and sustainability.” n
Sibanye-Stillwater reaches a three-year wage agreement at its SA gold operations
July 2025 to 30 June 2028, with the estimated average three- year basic wage increase for the total bargaining-unit wage bill, including all benefits, approximately 5.4% per annum. Category 4- 8 employees will receive an increase on the greater of the standard rate of pay of R850 or 4.5% in year 1; R900 or 4.8% in year 2; and R1,000 or 5.0% in year 3 while miners, artisans and officials will receive increases of 4.5% in year 1, 4.8% in year 2 and 5.0% in year 3 of the agreement. n
JSE-listed Sibanye-Stillwater has announced the successful conclusion of wage negotiations at its South African (SA) gold operations, which began in July 2025. A three-year agreement has been reached with the representative unions — the Association of Mineworkers and Construction Union (AMCU), the National Union of Mineworkers (NUM), UASA, and Solidarity — regarding annual wage and benefit increases for the SA gold employees. The agreement is effective for three years from 1
Sibanye-Stillwater reaches a three-year wage agreement at its SA gold operations.
February 2026 | www.modernminingmagazine.co.za MODERN MINING 7
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