Ivanhoe Mines Ltd Stock Price, News & Analysis

Ivanhoe Mines (OTCQX:IVPAF) announced operational updates for dewatering and rehabilitation at its Kamoa-Kakula Copper Complex following seismic activity in May 2025. The company has completed "Stage One" dewatering and is set to begin "Stage Two," which involves installing four new high-capacity submersible pumps (650 liters/second each) to dewater the eastern side of Kakula Mine.

Two of the four 4.2 MW pumps are expected to be operational by month-end, with the remaining two operational by mid-September. The company anticipates improved copper grades towards year-end as water levels subside, with selective mining in eastern workings to commence in Q1 2026. Kamoa-Kakula will reinstate its 2026/2027 production guidance in September 2025, with an updated long-term mine plan expected in Q1 2026.

Ivanhoe Mines (OTCQX:IVPAF) reported Q2 2025 operational results from its Kamoa-Kakula copper project, producing 112,009 tonnes of copper, an 11% year-over-year increase. The Phase 1 and 2 concentrators are operating at 85% capacity, with 45% feed from Kakula's western side.

Key operational updates include: Stage 1 dewatering progressing as planned with Stage 2 starting next month, development of a new eastern mining area, and the Phase 3 concentrator operating 30% above design capacity. The company's direct-to-blister copper smelter is scheduled to start heat-up in September 2025, with first production expected in October.

Project 95, aimed at increasing recovery rates to 95%, is 50% complete and on track for Q1 2026 completion. The company maintains 53,600 tonnes of unsold copper concentrate stockpiles on-site as of June 30, 2025.

Ivanhoe Mines (OTCQX: IVPAF) announced it will release its Q2 2025 production results before market open on Tuesday, July 8, 2025. The release will include an operations and project development update, providing investors with insights into the company's mining activities and ongoing projects.

Ivanhoe Mines announced key changes to its Board of Directors during its Annual General Meeting. The company welcomed Iman Naguib as a new Independent Director, bringing over 20 years of experience in corporate finance, M&A, and asset management. Naguib, co-founder of Karnak Capital and former CFO of La Mancha Resources, has significant expertise across mining, telecoms, and financial services. William Hayden, who played a crucial role in identifying the Platreef project and Western Foreland Copper District, stepped down from the Board. The voting results showed strong shareholder support for all elected directors, with approval ratings ranging from 95.31% to 99.99%. Naguib's appointment reinforces Ivanhoe's commitment to building a diverse and experienced Board as it continues its growth in the mining industry.

Ivanhoe Mines announced the restart of underground mining operations at Kakula Mine's western side on June 7, 2025, following stabilization of water levels. The company revised its 2025 copper production guidance to 370,000-420,000 tonnes. Mining operations resumed after installing additional pumping capacity of 4,400 liters per second. The eastern side mining will focus on developing new access drives to a fresh mining area, isolated from dewatering activities. Preliminary geotechnical findings revealed seismic activity originated from mature extraction areas, leading to stress redistribution on regional pillars. The Phase 1 and 2 concentrators are operating at 50% capacity, while Phase 3 continues to outperform. The smelter startup is expected in September 2025, with first anode production in October 2025.

Ivanhoe Mines (IVPAF) is progressing with plans to reopen the Kakula Mine following its temporary suspension on May 20, 2025. The company has completed Stage One of its dewatering plan, installing temporary underground pumping infrastructure that increased capacity to 4,400 litres per second. Stage Two, involving installation of four high-capacity surface pumps (650 litres/second each), is underway with expected completion in 90 days. The Phase 1 and 2 concentrators continue operating at 50% capacity using stockpiled ore. The western side of the mine remains dry with 1,000 litres per second pumping capacity and is expected to restart operations this month. The eastern side will resume after complete dewatering. The Kamoa underground mine and Phase 3 concentrator operations remain unaffected. Management will announce detailed restart plans next week.

Ivanhoe Mines (IVPAF) has temporarily suspended underground mining operations at its Kakula Mine due to ongoing seismic activity since May 20, 2025. The suspension has led to increased water inflow levels, requiring enhanced dewatering efforts. While no injuries have been reported, preliminary indications suggest seismic activity could continue for weeks. The company is working with geotechnical experts to investigate the cause and implementing solutions, including increasing pumping capacity to over 3,000 L/s. Surface operations, including Phase 1 and 2 concentrators, continue processing ore from stockpiles. The Kamoa Mine and Phase 3 concentrator remain operational. Due to these developments, Kamoa-Kakula's 2025 production guidance and smelter ramp-up schedule have been withdrawn pending review.

Ivanhoe Mines (IVPAF) has issued a response to address inaccurate claims made by Zijin Mining regarding operations at the Kamoa-Kakula Copper Complex in the DRC. The statement specifically refutes Zijin's assertion about "multiple roof-falling and rib-spalling" in the Kakula mine's eastern section. Following a temporary suspension of operations announced on May 20, 2025, ongoing inspections by Ivanhoe management and geotechnical experts have found no evidence of collapsing stopes or structural pillars. Initial findings suggest that recent seismic activity caused "scaling" or rock falls from sidewalls. The company is currently focused on repairing damaged cables and pipework supporting underground pumping infrastructure before resuming operations, starting with the western side of Kakula Mine. A detailed update on potential impacts to annual production guidance will be provided by May 27, 2025.