Welcome to our dedicated page for Ivanhoe Mines news (Ticker: IVPAF), a resource for investors and traders seeking the latest updates and insights on Ivanhoe Mines stock.
Ivanhoe Mines reports operating, technical and financial developments for a Canadian mining company focused on three principal Southern African operations: the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo, the Kipushi zinc-copper mine in the DRC, and the Platreef platinum-palladium-nickel-rhodium-gold-copper mine in South Africa.
Recurring updates cover copper anode and sulphuric acid production from Kamoa-Kakula, smelter ramp-up activity, Kipushi zinc output, Platreef project development, life-of-mine studies, mineral resource and reserve reports, quarterly results, capital-structure matters, governance updates, and copper exploration across the Western Forelands and other sedimentary copper targets.
Ivanhoe Mines (OTCQX: IVPAF) announced completion of three Platreef milestones: construction of the 4 Mtpa Shaft #3, ground-breaking for the Phase 2 3.3 Mtpa concentrator, and commencement of widening Shaft #2 to 10 metres. Phase 2 aims to boost annual 3PE+Au production to over 450,000 ounces by Q4 2027; Phase 3 targets >1,000,000 ounces. Phase 2 life-of-mine cash cost is estimated at $599/oz (3PE+Au) falling to $511/oz after Phase 3. Japanese partners committed to fund their proportionate share.
Ivanhoe Mines (OTCQX: IVPAF) reported Q1 2026 operational results: 71,417 tonnes of copper in blister and anode (63,671 t anode; 7,746 t blister), smelter ramped to ~60% capacity, and 117,871 tonnes of high-strength sulphuric acid produced. Kipushi set a record with 65,044 tonnes of zinc concentrate. An updated Kamoa-Kakula MRE shows 466 Mt at 2.82% Cu (13.1 Mt contained Cu). Platreef Shaft #3 construction completed; commercial milestones and 2026 financial results to be released May 6 with a May 7 investor call.
Ivanhoe Mines (OTCQX: IVPAF) released an updated independent Kamoa-Kakula Mineral Reserve and Resource Estimate (effective Dec 31, 2025) that supports a multi-decade, high-grade underground operation.
Key figures: Indicated Resource 1.27 billion tonnes @ 2.65% Cu (≈34 Mt Cu); Probable Reserve 466 Mt @ 2.82% Cu (≈13.1 Mt Cu). Revised 2026–2028 production and cash-cost guidance announced.
Ivanhoe Mines (OTCQX: IVPAF) will file an updated Kamoa-Kakula technical report and issue a press release shortly after market close on March 31, 2026.
The company will host an investor conference call the same day at 4:30 p.m. ET / 1:30 p.m. PT, including a Q&A; a webcast, dial-in numbers, and an audio recording will be made available.
Ivanhoe Mines (OTCQX: IVPAF) reported 2025 profit of $228M (vs. $193M in 2024) and adjusted EBITDA of $578M. Kamoa-Kakula generated $3.28B revenue and $1.45B EBITDA (44% margin), with cash costs of $2.16/lb and 2026 C1 guidance of $2.20–$2.50/lb.
Kipushi delivered $441M revenue and $91M EBITDA during ramp-up, while Platreef Phase 1 achieved first concentrate. The new 500ktpa smelter is over 60% ramped, and cash plus short-term deposits totaled $885M at year-end.
Ivanhoe Mines (OTCQX: IVPAF) participated in the Feb 2–3, 2026 White House launch of Project Vault, a $12 billion U.S. strategic critical‑minerals stockpile combining $1.67 billion private capital with a $10 billion Export‑Import Bank loan. Ivanhoe is in advanced discussions with Gécamines and Mercuria to supply Kipushi zinc concentrate, which contains significant germanium and gallium. Kipushi 2026 guidance is 240,000–290,000 tonnes of zinc concentrate; 2018 Measured and Indicated resources were 11.78 Mt at 35.34% Zn, containing ~9.2 billion lbs zinc and 24.4 million oz germanium.
Ivanhoe Mines (OTCQX: IVPAF) reported that Platreef's Phase 1 concentrator produced first concentrate on Nov 18, 2025 and is ramping to plan, targeting 80% of nameplate capacity by mid-2026. Shaft #3 is on track to be ready-to-hoist in April 2026, increasing hoisting capacity ~five-fold to 5.0 Mtpa. Underwriting engagements were signed for a $700 million senior project finance facility to fund the Phase 2 expansion, which targets completion in Q4 2027 and ~450,000 oz annual production of platinum, palladium, rhodium and gold (3PE+Au). The Flatreef discovery reports 59M oz indicated and 93M oz inferred precious metals at a 1 g/t cut-off.
Ivanhoe Mines (OTCQX: IVPAF) reported first copper anodes produced from the on-site Kamoa-Kakula direct-to-blister smelter on December 29, 2025, following first concentrate feed on December 21.
The smelter has a nameplate capacity of 500,000 tpa of 99.7% copper anode and is ramping through 2026 toward year-end completion. Prior on-site concentrate inventory of ~37,000 tonnes of contained copper is being destocked, reducing unsold concentrate to ~17,000 tonnes, so 2026 sales are expected to be ~20,000 tonnes higher than production. Expected smelter recovery is 98.5% and sulphuric acid output up to 700,000 tpa. Key power works: 60 MW UPS installed and 60 MW solar with battery expected online Q2 2026.
Robert Friedland (IVPAF) updated his disclosed Ivanhoe Mines shareholdings following personal financing transactions with a U.S. commercial bank. A wholly owned subsidiary pledged 94,100,000 common shares, equal to 6.61% of outstanding common shares, a 1.97% increase in pledged shares since December 31, 2024.
The subsidiary remains registered owner of 163,391,850 common shares (~11.48% outstanding as of Dec 26, 2025) and is deemed to own 168,409,379 shares (~11.79% on a partially diluted basis). Friedland may settle the financing in cash and expects to do so; pledged shares are not subject to disposal or voting by the bank except as disclosed.
Ivanhoe Mines (OTCQX: IVPAF) issued 2026–2027 guidance for the Kamoa‑Kakula copper complex and updated Kakula dewatering progress. Management guides 2026 production 380,000–420,000 tonnes and 2027 production 500,000–540,000 tonnes, while maintaining a medium‑term target of ~550,000 tonnes. Copper sales in 2026 are expected to exceed production as the new on‑site smelter destocks ~20,000 tonnes of concentrate. Dewatering at Kakula is advancing (west ~70%, east ~60%), 13.4 km of workings rehabilitated, and Phase 1–3 processing capacity is planned to reach 17 Mtpa in 2027.