Ivanhoe Mines Ltd Stock Price, News & Analysis

Ivanhoe Mines announced a significant expansion of its Makoko District copper discoveries in the Western Forelands, DRC. The district's Indicated Mineral Resources now stand at 27.7 million tonnes at 2.79% copper, plus Inferred Resources of 493.7 million tonnes at 1.70% copper (1.0% cut-off). The Makoko District has doubled in size over 18 months, extending to a 13-kilometer strike length. The discovery ranks as the highest-grade and fifth-largest new copper discovery of the past decade globally. Ivanhoe has discovered a total of 38.9 million tonnes of contained copper in Measured & Indicated Resources and 13.6 million tonnes in Inferred Resources across the Western Forelands. The company plans record-pace drilling for the remainder of 2025, with a $50 million exploration budget. The mineralization remains open in multiple directions, suggesting potential for further expansion.

Ivanhoe Mines (IVPAF) has achieved a major milestone at its Platreef Mine in South Africa, with mining crews entering the high-grade Flatreef orebody for the first time after 30 years of efforts. The Flatreef discovery contains 59 million ounces of precious metals in Indicated Resources and 94 million ounces in Inferred Resources. The company has completed 5.5 kilometers of tunnels across three levels and plans to begin commercial production in Q4 2025. The Flatreef orebody is unique, containing platinum, palladium, rhodium, nickel, gold, and copper, with a thickness of up to 29 meters. Construction of Shaft #2, Africa's largest hoisting shaft, is progressing well and will increase total hoisting capacity to over 12 million tonnes per annum. The project's Phase 2 expansion targets 4.1 Mtpa by Q4 2027, with estimated life-of-mine total cash costs of $599 per ounce of 3PE+Au, positioning it as the lowest-cost primary platinum group metals producer globally.

Ivanhoe Mines' Kamoa-Kakula Copper Complex achieved a record monthly production of 50,176 tonnes of copper in concentrate during April 2025. The Phase 1, 2, and 3 concentrators processed 1.35 million tonnes of ore at an average grade of 4.19% copper. The Phase 3 concentrator exceeded design expectations, operating at 20% above nameplate capacity during Q1 2025, with an annualized milling rate of 6.1 million tonnes. The complex is now operating at an annualized production rate of approximately 625,000 tonnes, 12% higher than 2025 guidance. Power stability has improved with increased hydroelectric supply, reaching 150 MW of stable power. The company's direct-to-blister copper smelter is on track to produce first anode in July 2025. Underground development at Kamoa 1 and 2 mines continues, with Phase 3 concentrator feed grades expected to increase to 3% copper by Q4 2025.

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has announced it will release its first quarter 2025 financial results after market close on Wednesday, April 30, 2025. The company will host an investor conference call to discuss the results on Thursday, May 1, 2025, at 10:30 a.m. Eastern time / 7:30 a.m. Pacific time.

The conference call will include a Q&A session and will be accessible to media on a listen-only basis. An audio webcast recording and supporting presentation slides will be made available on Ivanhoe Mines' website. The financial statements and Management's Discussion and Analysis will be accessible on the company's website and SEDARplus following the release.

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has released its eighth annual Sustainability Report for 2024, highlighting significant ESG achievements and commitment to responsible mining practices. The company's 'Mining with a greater purpose' philosophy delivered notable results including:

- Improved safety metrics with TRIFR reduced to 0.89 and LTIFR at 0.33
- Generated and distributed $5 billion in total value, with $1 billion paid in government taxes and royalties
- Expanded workforce by 38% with 2,900 new employees and $194 million in wages and benefits
- Completed Africa's largest eco-friendly copper smelter
- Achieved 75% local procurement sourcing
- Completed Platreef's 5-MW solar power facility

The report adheres to global frameworks including GRI 14, WEF SCM, LPRM, ICMM, and UNGC, demonstrating the company's commitment to sustainable mining excellence and stakeholder value creation.

Ivanhoe Mines reports significant operational improvements at Kamoa-Kakula, with copper production reaching 133,120 tonnes in Q1 2025. The facility secured an additional 20 megawatts of hydroelectric power, increasing to 70 MW, with expectations to reach 100 MW imminently.

The Phase 3 concentrator achieved record performance, milling 1.51 million tonnes of ore, exceeding its design capacity by 20%. During the last two weeks of March, production peaked at an annualized rate of over 630,000 tonnes of copper, surpassing 2025 guidance.

The company's new direct-to-blister smelter is set to commence operations next month, with first copper anode production (99.7% pure) expected in July 2025. The smelter will reduce transportation costs by over 50% and generate additional revenue through sulfuric acid sales. The facility is expected to reach 80% capacity by year-end.

Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has announced it will release its Q1 2025 production results for the Kamoa-Kakula Copper Complex and Kipushi Mine on April 7, 2025, before market open. Both mining operations, located in the Democratic Republic of the Congo, reportedly had strong starts to the year, as previously disclosed on March 5, 2025.

The company has stated it is unaware of any material events contributing to its recent share price decline, attributing the movement to general market volatility.

Ivanhoe Mines (IVPAF) has secured a significant 7,757 km² exploration license package in Zambia's North-Western Province, targeting an extension of the Central African Copperbelt. The new license area, granted by the Zambian government, is over three times larger than Ivanhoe's Western Forelands Exploration Project.

The company will leverage the recently completed high-resolution regional airborne geophysics survey by the Zambian Geological Survey to expedite exploration efforts. The exploration program will focus on:

• Copper mineralization in Basement Domes
• Katangan-age sediment-hosted copper systems
• Iron-oxide-copper-gold (IOCG) systems

Ivanhoe plans to commence exploration activities in Q2 2025, including environmental baseline studies and community engagement. The company will conduct extensive aircore and auger drilling programs, along with geophysical surveys. This strategic expansion aligns with Ivanhoe's existing projects, positioned between their Western Forelands Project and Angolan exploration licenses.