Ivanhoe Mines Announces Makoko Discovery Extended to over 13 Kilometres of Strike Length
Hollywood, Florida--(Newsfile Corp. - February 24, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today at the 34th annual Global Metals, Mining & Critical
2025-02-24 7:00 AM EST
Ivanhoe Mines Issues 2024 Fourth Quarter and Annual Financial Results, Overview of Construction and Exploration Activities
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 (C1), meeting guidance for fourth consecutive year Africa's largest and greenest...
2025-02-19 8:27 PM EST
Ivanhoe Mines Unveils Independent Phase 2 and Phase 3 Expansion Studies for the Super-Giant Platreef Mine - a World-Class, Lowest-Cost Precious Metals and Critical Minerals Producer
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 (Phase 1 & 2) yields after-tax NPV8% of $1.4 billion and IRR of 20%, producing over 450,000 ounces platinum, palladium, rhodium and gold per annum 10.7 Mtpa PEA (Phase 1, 2 & 3) yields an after-tax NPV8% of...
2025-02-18 9:19 PM EST
Ivanhoe Mines to Issue Q4 and Full Year 2024 Financial Results After Market Close on February 19 and Host a Conference Call for Investors on February 20, 2025
Toronto, Ontario--(Newsfile Corp. - February 14, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) 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 (Q&A) session. Media are invited to attend on a listen-only basis....
2025-02-14 7:00 AM EST
Ivanhoe Mines Commences Exploration for Sediment-hosted Copper in Central Kazakhstan
Almaty, Kazakhstan--(Newsfile Corp. - February 12, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that an Exploration Joint Venture has been formed to explore the Chu-Sarysu Copper Basin in Kazakhstan, the world's third-largest sediment
2025-02-12 7:00 AM EST
Ivanhoe Mines Closes US$750,000,000 Senior Notes Offering
London, United Kingdom--(Newsfile Corp. - January 24, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) is pleased to announce that it has completed its previously announced offering (the "Offering") of an aggregate principal amount of US$750,000,000 7⅞% senior notes due 2030 (the "Notes"). The Notes are senior unsecured obligations of the company and are guaranteed on a senior basis by certain company subsidiaries. The gross proceeds from the Offering of the Notes will be used for general...
2025-01-24 7:30 AM EST
Ivanhoe Mines Prices an Offering of US$750,000,000 Senior Notes Due 2030
London, United Kingdom--(Newsfile Corp. - January 16, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) is pleased to announce that it has priced the offering (the "Offering") of an aggregate principal amount of US$750,000,000 7⅞% senior notes due 2030 (the "Notes"). The Notes will be senior unsecured obligations of the company and will be guaranteed on a senior basis by certain of the company's subsidiaries (the "Guarantors"). The gross proceeds from the Offering of the Notes will be used...
2025-01-16 3:14 PM EST
Ivanhoe Mines Launches an Offering of US$600,000,000 Senior Notes Due 2030
Johannesburg, South Africa--(Newsfile Corp. - January 10, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) announces that it has commenced an offering (the "Offering") of an aggregate principal amount of US$600,000,000 senior notes due 2030 (the "Notes"). The Notes will be senior unsecured obligations of the company and will be guaranteed on a senior basis by certain of the company's subsidiaries (the "Guarantors"). In connection with the Offering, the company entered into a US$120.0 million...
2025-01-10 9:15 AM EST
Ivanhoe Mines Provides 2024 Production Results, 2025 Production Guidance
Kamoa-Kakula produced record 437,061 tonnes of copper in concentrate in 2024 Kamoa-Kakula quarterly production record of 133,819 tonnes of copper, a quarter-on-quarter increase of 15%, and monthly production record of 47,058 tonnes in December Kamoa-Kakula sets 2025 production guidance at between 520,000 and 580,000 tonnes of copper Smelter commissioning may be delayed by up to three months following limited fire damage to back up generation capacity, expedited repairs underway Kipushi...
2025-01-08 7:40 AM EST
Ivanhoe Mines Announces That Kamoa-Kakula Achieved a Record 45,019 Tonnes of Copper in November
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - December 3, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 45,019 tonnes of copper in concentrate during
2024-12-03 5:55 AM EST
Ivanhoe Mines Announces DRC President, His Excellency Félix Tshisekedi, Officially Reopens the Kipushi Zinc-Copper-Lead-Germanium Mine
Kipushi, Democratic Republic of the Congo--(Newsfile Corp. - November 21, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chair Robert Friedland and President Marna Cloete are very pleased to announce that on November 17, 2024, His Excellency Félix Tshisekedi, President of the Democratic Republic of the Congo, officially reopened the ultra-high-grade Kipushi zinc-copper-lead-germanium mine. A presidential delegation attended the opening ceremon
2024-11-21 7:30 AM EST
Ivanhoe Mines Announces Kamoa-Kakula Achieved Record Copper Production of 41,800 Tonnes in October
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - November 4, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a combined monthl
2024-11-04 7:30 AM EST
Ivanhoe Mines Delays Q3 2024 Financial Results Call on October 30, 2024 by 15 Minutes; Revised Start Time 10:45am EST
Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will now commence its third quarter 2024 financial results call at 10:45 a.m. Eastern time / 7:45 a.m. Pacific time on October 30, 2024. Link to the results presentation on the company's website: https://www.ivanhoemines.com/wp-content/uploads/20241030-IVN-Q3-2024-Results-Presentation-vF.pdf. The conference call will conclude with a question-and-answer (Q&A) session. Media are invited to attend on...
2024-10-30 10:44 AM EDT
Ivanhoe Mines Issues Third Quarter 2024 Financial Results, and Review of Construction and Exploration Activities
Ivanhoe Mines announces a quarterly profit of $108 million for Q3 2024, compared with $67 million for Q2 2024 Ivanhoe Mines reports Adjusted EBITDA of $160 million for Q3 2024, compared with $203 million for Q2 2024 Kamoa-Kakula produced a record 116,313 tonnes of copper in Q3 2024 and 303,328 tonnes of copper year-to-date Kamoa-Kakula Copper Complex sold a record 103,106 tonnes of payable copper in Q3 2024 and recognized record quarterly revenue of $828 million and EBITDA of $470 million...
2024-10-30 7:30 AM EDT
Ivanhoe Mines to Issue Q3 2024 Financial Results and Host Conference Call for Investors on October 30, 2024
Toronto, Ontario--(Newsfile Corp. - October 23, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will release its third quarter 2024 financial results before market open on Wednesday, October 30, 2024. The company will hold an investor conference call to discuss the results at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time on the same day. The conference call will conclude with a question-and-answer (Q&A) session. Media are invited to attend on a listen-only basis. To view the webcast use...
2024-10-23 8:31 AM EDT
Ivanhoe Mines Reports Q3 2024 Production Results
Kamoa-Kakula milled a record 3.3 million tonnes, producing a record 116,313 tonnes of copper in concentrate during Q3, with the Phase 3 concentrator in ramp-up Phase 3 concentrator ramp-up approaching steady-state throughput and recovery as at quarter end Kamoa-Kakula's 2024 production guidance range adjusted to 425,000 - 450,000 tonnes of copper Kipushi produced 17,817 tonnes of zinc in concentrate during ramp-up in Q3 2024 Kipushi's 2024 production guidance range lowered to 50,000 - 70,000...
2024-10-07 7:30 AM EDT
Ivanhoe Mines Announces MOU with Government of Zambia to Facilitate Exploration and Development Activities
Lusaka, Republic of Zambia--(Newsfile Corp. - September 10, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that on August 26, 2024, a memorandum of understanding (MOU) was signed with the Ministry of Mines and Minerals Development (Ministry of Mines) of the Government of the Republic of Zambia to support Ivanhoe Mines in commencing exploration activities in the country. The signing ceremony was attended by the...
2024-09-10 7:30 AM EDT
Ivanhoe Mines Announces Kamoa-Kakula Achieved Record Copper Production of 40,347 Tonnes in August
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - September 4, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2 and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a combined monthly production record of 40,347 tonnes of copper in concentrate and a combined monthly milling record of 1.1 million tonnes during August. On August 31,...
2024-09-04 7:30 AM EDT
Ivanhoe Mines Announces Phase 3 Concentrator at Kamoa-Kakula Copper Complex Has Achieved Commercial Production
Kolwezi, Democratic Republic of the Congo--(Newsfile Corp. - August 19, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 3 concentrator at Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) has reached commercial production. In addition, Kamoa-Kakula's Phase 1, 2 and 3 concentrators achieved a combined monthly production record of 35,941 tonnes of copper in July.
2024-08-19 7:30 AM EDT
Ivanhoe Mines Reports Fatality at the Kamoa-Kakula Copper Complex
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - August 16, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) regrets to report that a fatal accident occurred at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). The accident occurred underground at the Kansoko mine when Mr. Bruno Akake Mutombo, a Kamoa Copper drill rig operator, was struck by a fall of ground. Mr. Mutombo was stabilized by the emergency response team and evacuated to hospital but later succumbed...
2024-08-16 5:43 PM EDT