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 [...]
Joint venture formed to explore Chu-Sarysu Basin, the world's third-largest sedimentary copper basin Licence package of up to 16,000 km2, the largest in the Chu-Sarysu Copper Basin Ivanhoe to leverage its decades of exploration expertise in discovering Tier-One sediment-hosted copper deposits in the Western Foreland shelf Ivanhoe Mines Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that [...]
Ivanhoe Mines Ltd. is pleased to announce that it has completed its previously announced offering of an aggregate principal amount of US$750,000,000 7⅞% senior notes due 2030 . 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 corporate purposes, including capital [...]
Ivanhoe Mines Ltd. is pleased to announce that it has priced the offering of an aggregate principal amount of US$750,000,000 7⅞% senior notes due 2030 . 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 gross proceeds from the Offering of the Notes will be used for general corporate purposes, including capital [...]
Ivanhoe Mines announces that it has commenced an offering of an aggregate principal amount of US$600,000,000 senior notes due 2030 . 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 . In connection with the Offering, the company entered into a US$120.0 million revolving credit facility agreement dated December 22, 2024, with [...]
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 [...]
Recently ramped-up Phase 3 concentrator achieves record 90% recovery rate over 24 hours Lobito Atlantic Railway receives first batch of new container wagons Democratic Republic of the Congo is set to become World's second-largest copper producer Ivanhoe Mines 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 [...]
Opening ceremony was also attended by DRC First Lady and a distinguished delegation of national, provincial and local dignitaries Ivanhoe Mines recognized by the Mining Journal's ESG Company Index rankings as among the lowest carbon emitters Ivanhoe Mines 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 [...]
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