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Ivanhoe Mines Swings to a First-Quarter Loss on Charges; Copper Output Drops on Power Issues MT
Ivanhoe Mines Brief: Adds Kamoa-Kakula produced 86,203 tonnes of copper in Q1 2024; annual production guidance for Kamoa-Kakula maintained at between 440,000 to 490,000 tonnes of copper MT
Ivanhoe Mines Brief: Says Kamoa-Kakula sold 85,155 tonnes of payable copper during Q1 and recognized revenue of US$618 million, as well as EBITDA of $365 million MT
Ivanhoe Mines Brief: Reporting Normalized profit of US$70 million and adjusted EBITDA of $126 million MT
Ivanhoe Mines Brief: Says Recorded Q1 2024 loss of US$69 million MT
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Ivanhoe Mines Maintained at Outperform at BMO Following Q1 Production Data; Price Target Kept at C$18.00 MT
Ivanhoe Mines Ltd. Provides Production Guidance for the Year 2024 CI
Ivanhoe Mines Ltd. Reports Production Results for the First Quarter of 2024 CI
RBC Capital Markets Expects 'Seasonally Weak' Q1 For Base Metal Equities MT
Ivanhoe Mines Q1 Production from the Kamoa-Kakula Copper Complex Drops 7.9% on Power Issues, Lower-Grade Ore MT
Ivanhoe Mines Brief: Reporting Q1 2024 Production Results for the Kamoa-Kakula Copper Complex MT
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Transcript : Ivanhoe Mines Ltd., Q4 2023 Earnings Call, Feb 26, 2024
Ivanhoe Mines Q4 Profit Drops 30% on Lower Copper Output MT
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Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. It is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include Kamoa-Kakula Complex, Western Foreland, Kipushi and Platreef. The Kamoa-Kakula Complex project is a stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (kms) west of the town of Kolwezi and approximately 270 kms west of the provincial capital of Lubumbashi. The 17 licenses in the Western Foreland cover a combined area of 2,407 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex. The Kipushi Project lies adjacent to the town of Kipushi and 30 kms southwest of the provincial capital of Lubumbashi. Its Platreef project is situated approximately eight km from Mokopane and 280 km northeast of Johannesburg, South Africa.
More about the company
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
15.11 USD
Average target price
14.35 USD
Spread / Average Target
-5.02%
Consensus
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