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Ivanhoe Mines ( (TSE:IVN) ) has issued an update.
Ivanhoe Mines reported record production figures for 2024, with its Kamoa-Kakula project achieving a new high of 437,061 tonnes of copper in concentrate. The company has set its 2025 production guidance for Kamoa-Kakula at between 520,000 and 580,000 tonnes of copper. Meanwhile, its Kipushi project produced 50,307 tonnes of zinc, and 2025 guidance is set between 180,000 and 240,000 tonnes of zinc. However, the commissioning of their smelter may face a delay due to limited fire damage, although repairs are being expedited. Ivanhoe Mines will release its 2024 financial results on February 19, followed by a conference call with investors on February 20.
More about Ivanhoe Mines
Ivanhoe Mines is a mining company that focuses on the production of copper and zinc. Its primary operations include the Kamoa-Kakula Copper Project and the Kipushi Zinc Project, positioning itself as a significant player in the mining industry with a focus on these essential commodities.
YTD Price Performance: 1.42%
Average Trading Volume: 189,330
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.71B
Find detailed analytics on IVN stock on TipRanks’ Stock Analysis page.
