Ivanhoe Mines Ltd.·Basic Materials

Ivanhoe Mines Ltd. is rated Buy, with long-term copper demand, diversified assets, and operational improvements supporting upside despite near-term production headwinds. Kamoa-Kakula mine's redesign and safety upgrades reduce short-term output but position IVPAF for >500,000 tonnes/year copper production from 2028 onward. Smelter ramp-up, sulfuric acid sales, and progress at Kipushi and Platreef help offset Kamoa-Kakula pressures, maintaining strong cash and financial flexibility.

Ivanhoe Mines Ltd. (IVN:CA) Discusses Kamoa-Kakula Technical Report and Mineral Resource Update Transcript

World-class Indicated Mineral Resource estimate of 1.3 billion tonnes at grade of 2.65% for 34 million tonnes of copper intact, underpinning significant long-term optionality Mineral Reserve of 0.5 billion tonnes at grade of 2.82% for 13.1 million tonnes of copper, supports multi-decade mine life Updated mine plan supports ramp up of production profile to >500,000 tonnes of copper from 2028 onwards 2026 and 2027 Kakula mine plan refocused on developing long-term infrastructure to establish future high-productivity stoping Revised Kamoa-Kakula production guidance to 290,000 to 330,000 tonnes of copper anodes in 2026, and 380,000 to 420,000 tonnes in 2027 Revised Kamoa-Kakula cash cost (C1) guidance to $2.60/lb. to $3.00/lb.

London, United Kingdom--(Newsfile Corp. - March 29, 2026) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) will file the updated Kamoa-Kakula technical report and issue a press release summarizing the report shortly after market close on Tuesday, March 31, 2026. In addition, the company will hold an investor conference call to discuss the Kamoa-Kakula technical report on the same day at 4:30 p.m.

Shares of Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Get Free Report) have earned an average rating of "Buy" from the nine brokerages that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have given a strong buy recommendation

Ivanhoe Mines Ltd. (OTCMKTS:IVPAF - Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $10.63 and traded as low as $8.31. Ivanhoe Mines shares last traded at $8.33, with a volume of 421,125 shares changing hands. Analyst Ratings Changes IVPAF has been
Ivanhoe Mines Ltd. engages in the exploration, development, and recovery of minerals and precious metals located primarily in Africa. It explores for platinum, palladium, nickel, copper, gold, rhodium, zinc, silver, germanium, and lead deposits. The company's projects include the Platreef project located in the Northern Limb of South Africa's Bushveld Complex; the Kipushi project located in Haut-Katanga Province, Democratic Republic of Congo; and the Kamoa-Kakula project located within the Central African Copperbelt. It also holds a 100% interest in the Western Foreland exploration project covering an area of approximately 2,407 square kilometers located in the Democratic Republic of Congo. The company has a strategic partnership agreement with China Nonferrous Metal Mining (Group) Co., Ltd. to examine exploration, development, and acquisition of mineral projects, as well as production, smelting, and logistics opportunities in Africa. Ivanhoe Mines Ltd. was formerly known as Ivanplats Limited and changed its name to Ivanhoe Mines Ltd. in August 2013. The company was incorporated in 1993 and is headquartered in Vancouver, Canada.
Basic Materials
Industrial Materials
989
2012-12-27
1.88