Ivanhoe posts record revenue as Kamoa-Kakula nears record copper output
Ivanhoe Mines shares jumped as much as 12% after record first-quarter revenue of $973m, with Kamoa-Kakula copper output rising to near-record levels ahead of April's disruption.
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- 1 May 2025
Kamoa-Kakula smelter starts up as hydropower imports climb
Ivanhoe Mines began commissioning Kamoa-Kakula's new copper smelter after imported hydroelectric power rose 40% to 70MW, calling it a turning point for the DRC complex.
New Eurasian Resources chief courts Chinese investment for Congo assets
Eurasian Resources Group's newly appointed chief executive Shukhrat Ibragimov has begun seeking Chinese investment to support the Kazakh miner's copper and cobalt operations in the DRC.
Ivanhoe extends Makoko copper deposit, finds high-grade Kitoko zone
Ivanhoe Mines said its Makoko copper deposit in the DRC's Western Forelands has grown by 20% in strike length, with a new high-grade discovery at nearby Kitoko.
Ivanhoe books $193m profit as Kamoa-Kakula hits record output
Ivanhoe Mines reported a $193m annual profit and record copper output at Kamoa-Kakula for 2024, though a backup-power fire and an aggressive platinum expansion plan clouded the outlook.