Ivanhoe Mines Ltd.

Kamoa-Kakula sold 85,155 tonnes of payable copper during the quarter and recognized revenue of $618 million, as well as EBITDA of $365 million Ivanhoe Mines recorded Q1 2024 loss of $69 million, primarily as a result of non-cash loss on convertible bonds due to 26% quarterly share price increase; normalized profit of $70 million and adjusted EBITDA of $126 million Kamoa-Kakula produced 86,203 tonnes of copper in Q1 2024 [...]

Ivanhoe will reduce debt to below $150 million following redemption of the convertible notes Ivanhoe Mines today announced that it will redeem all of its outstanding 2.50% Convertible Senior Notes due 2026 on July 11, 2024 at a price equal to 100% of the principal amount of the Notes redeemed plus accrued and unpaid interest on such Notes to, but not including, the Redemption Date . As at April 29, 2024, there was US$575 [...]

The 2023 Sustainability Report underscores Ivanhoe's commitment to "Mining with a greater purpose" and its pursuit to be a global leader in responsible mining Ivanhoe Mines today published its seventh annual Sustainability Report, summarizing the company's sustainability achievements, activities, and results during 2023. Ivanhoe Mines' sustainability strategy is shaped by our ethos of "Mining with a greater purpose [...]

Ivanhoe Mines to publish its 2023 Sustainability Report on April 17, 2024 Ivanhoe Mines will release its first quarter 2024 financial results before market open on April 30, 2024. In addition, Ivanhoe Mines will release its seventh annual sustainability report before market open on April 17, 2024. The company will hold an investor conference call to discuss its first quarter 2024 financial results at 10:30 a.m. Eastern [...]

Kamoa-Kakula produced 86,203 tonnes of copper in concentrate in Q1 2024 2024 production guidance for Kamoa-Kakula maintained at 440,000 to 490,000 tonnes of copper in concentrate, with early commissioning of the Phase 3 concentrator now in May 2024 DRC grid infrastructure upgrades underway, as well as phased roll-out of on-site, backup generation capacity Daily milling record achieved of 31,375 tonnes of ore by Phase 1 [...]

Ivanhoe Mines recognized profit of $303 million, record normalized profit of $388 million and record adjusted EBITDA of $604 million in 2023 Kamoa-Kakula recognized record annual revenue of $2.70 billion and record EBITDA of $1.68 billion in 2023 Kamoa-Kakula milled a record 8.54 million tonnes in 2023 at an average grade of 5.23% copper Kamoa-Kakula produced 393,551 tonnes of copper in concentrate in 2023, achieving its [...]

Ivanhoe Mines will release its fourth quarter and full year 2023 financial results before market open on Monday, February 26, 2024, which is the first day of the 33rd BMO Global Metals & Mining Conference in Hollywood, Florida. 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 [...]

Term sheet allocates Kamoa-Kakula up to 240,000 tonnes of annual capacity for export of copper products along the Lobito Corridor from 2025 ■ Lobito Corridor passes through Ivanhoe's Western Foreland licences and within five kilometres of Kamoa-Kakula ■ Lobito Corridor will transform economic and social development of the DRC, as well as its neighbouring countries, accelerating regional economic development ■ Lobito [...]

Ivanhoe Mines Founder and Executive Co-Chairman Robert Friedland and President Marna Cloete, today extended their congratulations to His Excellency Félix Tshisekedi on his re-election and inauguration as the President of the Democratic Republic of the Congo. Ivanhoe Founder and Executive Co-Chairman Robert Friedland commented: "On behalf of Ivanhoe Mines, we extend our congratulations to His Excellency Mr. Tshisekedi on [...]

Construction of new concentrator and underground development well ahead of schedule for first production in Q2 2024 Kipushi expected to produce more than 250,000 tonnes of zinc annually over first five years New Kipushi commercial border crossing and bypass road to unlock value for Kipushi and Kamoa-Kakula Ivanhoe Mines Executive Co-Chair Robert Friedland and President Marna Cloete, together with Chairman Guy-Robert [...]