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BRIEF-Ivanhoe Mines rebuilds railway spur line in Congo
October 30, 2017 / 12:11 PM / 25 days ago

BRIEF-Ivanhoe Mines rebuilds railway spur line in Congo

Oct 30 (Reuters) - Ivanhoe Mines Ltd

* Ivanhoe mines reaches agreement to rebuild a railway spur line to support a new era of operation at the Kipushi zinc-copper mine in the Democratic Republic of Congo

* To rebuild 34 kilometres of track to connect Kipushi mine with DRC National Railway at Munama, south of mining capital of Lubumbash​

* ‍kipushi-Munama spur line will be rebuilt under terms of a MoU signed by Ivanhoe Mines and DRC’s state-owned railway company​

* Construction on Kipushi-Munama spur line could start in late 2018; Ivanhoe will finance rebuilding​ Source text for Eikon: Further company coverage:

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