Improved operational performance at Kamoa-Kakula increased copper production to record levels since mid-March, 2025 Kamoa-Kakula produced near-record 133,120 tonnes of copper during first quarter, with accelerating quarterly production anticipated 20 megawatts of additional imported hydroelectric power secured, further 30 megawatts expected imminently; up to 50 megawatts of Inga II Turbine #5 hydroelectric power expected [...]
Ivanhoe Mines will release its first quarter 2025 production results for the Kamoa-Kakula Copper Complex and ultra-high-grade Kipushi Mine, both in the Democratic Republic of the Congo, before market open on April 7, 2025. As reported on March 5, 2025, Kamoa-Kakula and Kipushi both had strong starts to the year. The Company is not aware of any material events that might be contributing to the recent decline in the [...]
Zambian government grants 7,757 km2 in new exploration licences in North-Western Province, targeting extension of the Central African Copperbelt Massive licence package over three times larger in area than Ivanhoe's Western Forelands Exploration Project Zambian Geological Survey has completed high-resolution regional airborne geophysics survey over Ivanhoe's licence area, expediting exploration efforts Ivanhoe Mines [...]
Platreef, one of the world's largest undeveloped precious metals projects, to be lowest cost platinum, palladium, rhodium, and gold producer; with significant nickel and copper Phase 1 production commencing Q4 this year, with Phase 2 expansion accelerated to 2027 4.1 Mtpa Feasibility Study yields after-tax NPV8% of $1.4 billion and IRR of 20%, producing over 450,000 ounces platinum, palladium, rhodium and gold per annum [...]
Ivanhoe Mines Executive Co-Chairman Robert Friedland and President & Chief Executive Officer Marna Cloete announced today an update on year-to-date production at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo and the ultra-high-grade Kipushi zinc mine, also in the DRC. Kamoa-Kakula delivered near-record copper production in January of 45,477 tonnes and 40,849 tonnes during the shorter month of [...]
Ivanhoe Mines Executive Co-Chair Robert Friedland announced today that Mr. Jinghe Chen, Chairman of Zijin Mining Group Co. Ltd., has stepped down from Ivanhoe's the board of directors and has been replaced with the appointment of Dr. Chun Wang, Vice President of Overseas Operations for Zijin Mining. Mr. Chen has served on Ivanhoe Mines' board of directors since 2019, following the strategic investment by Zijin Mining into [...]
Ivanhoe Mines Executive Co-Chairman Robert Friedland, and President & Chief Executive Officer Marna Cloete announced today that it is not aware of any material events that might be contributing to the recent decline in the company's share price, other than current general market volatility. Operations at the Kamoa-Kakula Copper Complex and the Kipushi Zinc Mine, as well as exploration activities in the Western Forelands [...]
Ivanhoe appoints President Marna Cloete as President & Chief Executive Officer Annebel Oosthuizen appointed as Kamoa Copper's new Managing Director; Tom van den Berg joins Kamoa as Senior Executive, Operations Ivanhoe Mines Executive Co-Chair Robert Friedland announces today at the BMO Global Metals, Mining & Critical Minerals Conference key appointments to strengthen the Executive Leadership Teams of Ivanhoe Mines and [...]
Shallow, higher-grade Makoko western extension found; Kitoko discovery expanded Over 300 km2 of new licences acquired in Western Forelands 2025 group exploration budget of $75 million, including 102,000 metres of drilling planned in Western Forelands Ivanhoe Mines targeting independent Mineral Resource Estimate for Makoko, Makoko West, and Kitoko in Q2 2025 Ivanhoe Mines Executive Co-Chairman Robert Friedland and [...]
Ivanhoe Mines posts $193M net profit, $386M normalized profit Ivanhoe Mines reports record $625M adjusted EBITDA in 2024, up from $604M in 2023 Kamoa-Kakula delivers record copper production of 437,061 tonnes in 2024, including 133,819 tonnes in Q4 Kamoa-Kakula achieves record $3.11B revenue, and $1.81B EBITDA in 2024 Kamoa-Kakula maintains competitive cost structure: $1.71/lb Cost of Sales, $1.65/lb. cash cost , meeting [...]
Platreef, one of the world's largest undeveloped precious metals deposits, to be lowest cost platinum, palladium, rhodium, and gold producer; with significant nickel and copper Phase 1 production commencing Q4 this year, with Phase 2 expansion accelerated to 2027 4.1 Mtpa Feasibility Study yields after-tax NPV8% of $1.4 billion and IRR of 20%, producing over 450,000 ounces platinum, palladium, rhodium and gold per annum [...]
Ivanhoe Mines will release its fourth quarter and full year 2024 financial results after market close on Wednesday, February 19, 2025. The company will hold an investor conference call to discuss the results on Thursday, February 20 at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time. The conference call will conclude with a question-and-answer session. Media are invited to attend on a listen-only basis. To view the [...]
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