Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Ivanhoe Mines Ltd. logo

Ivanhoe Mines Ltd.

IVNLarge CapCopper

Price History

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About Ivanhoe Mines Ltd.

Ivanhoe Mines Ltd. (IVN) is a copper mining company. Our project database tracks 11 projects for Ivanhoe Mines Ltd. with technical and economic data extracted from company filings. Its flagship project is Platreef Mine, a development-stage underground project in Limpopo Province, South Africa.

Overview

Ivanhoe Mines Ltd. is a Canadian mining company focused on advancing major copper, gold, and zinc projects in Southern Africa. Founded by mining entrepreneur Robert Friedland, the company is developing three principal projects on the Central African Copperbelt and in South Africa. Ivanhoe's Kamoa-Kakula copper project has emerged as one of the world's highest-grade major copper mines.

Operations

Ivanhoe's flagship operation is the Kamoa-Kakula copper mine in the Democratic Republic of Congo, which commenced production in 2021 and is rapidly expanding. The mine produces some of the highest-grade copper globally with exceptionally low costs. The company also owns the Platreef palladium-platinum-nickel-copper-gold project in South Africa and the Kipushi zinc-copper-germanium-silver mine in the DRC.

Strategy

The company's strategy emphasizes rapid expansion of Kamoa-Kakula to become one of the world's largest copper producers, advancing Platreef toward production to capitalize on the PGM and battery metals opportunity, restarting the historic Kipushi mine to capitalize on zinc demand, leveraging in-country partnerships and relationships, and building a major African-focused mining company supplying critical minerals for the energy transition.

Key Projects

Kamoa-Kakula Phase 3 expansion is underway with plans to reach 600,000+ tonnes of copper production, making it one of the world's largest copper mines. The Platreef project is advancing toward first production of palladium, platinum, nickel, copper, rhodium, and gold. Kipushi zinc mine is in advanced stages of redevelopment with first production expected soon. All projects benefit from hydropower and low carbon intensity.

Primary Commodities

CopperGoldZinc

Project Economics

Western Forelands Exploration Project

Copper· Democratic Republic of Congo· Exploration
Resource Estimate
Jul 2026
Ownership60%
Mineral Resources
Indicated: 27.7 Mt at 2.79% Cu; Inferred: 493.7 Mt at 1.70% Cu (1.0% Cu cut-off). Includes Makoko District (Makoko, Makoko West, Kitoko) and Kiala.

Kamoa-Kakula Copper Complex

Copper· Democratic Republic of Congo· Production
Production
Mine TypeUnderground

Kipushi Mine

Zinc· Democratic Republic of Congo· Production
Production
Mine TypeUnderground

Kiala

Copper· Democratic Republic of Congo (Western Forelands)· Exploration/Development
Resource Estimate
Mar 2026
Ownership100%
Mineral Resources
Kiala: Indicated 8 Mt @ 2.67% Cu containing 212 kt Cu; Inferred not stated.

Kitoko

Copper· Democratic Republic of Congo (Western Forelands)· Exploration/Development
Resource Estimate
Mar 2026
Ownership100%
Mineral Resources
Kitoko: Indicated not stated; Inferred 141 Mt @ 2.25% Cu containing 3,173 kt Cu.

Makoko

Copper· Democratic Republic of Congo (Western Forelands)· Exploration/Development
Resource Estimate
Mar 2026
Head Grade2.87% Cu (Indicated)
Recovery87.5%
Mine TypeOpen-pit & Underground
Ownership100%
Mineral Resources
Makoko: Indicated 20 Mt @ 2.87% Cu containing 574 kt Cu; Inferred 335 Mt @ 1.57% Cu containing 5,260 kt Cu. Reported 100% basis at 1% Cu cut-off.
Royalties / Streams
3.5% royalty, 1% export tax, concentrate tax of $100/t NSR concentrate

Makoko West

Copper· Democratic Republic of Congo (Western Forelands)· Exploration/Development
Resource Estimate
Mar 2026
Ownership100%
Mineral Resources
Makoko West: Indicated 14 Mt @ 2.36% Cu containing 330 kt Cu; Inferred 136 Mt @ 1.90% Cu containing 2,584 kt Cu.

Western Forelands (Total)

Copper· Democratic Republic of Congo (Western Forelands)· Development
Resource Estimate
Mar 2026
Recovery87.5%
Mine TypeOpen-pit & Underground
Ownership80%
Mineral Resources
Total Western Forelands: Indicated 42 Mt @ 2.66% Cu containing 1,116 kt Cu (2.46 billion lbs); Inferred 612 Mt @ 1.80% Cu containing 11,016 kt Cu (24.28 billion lbs). Reported on a 100% basis.

Western Forelands (Makoko District incl. Makoko, Makoko West, Kitoko; Kiala)

Copper· Democratic Republic of Congo· Exploration
Resource Estimate
2026
Ownership80%
Mineral Resources
2026 Mineral Resource update increases contained copper by 30%; Makoko District Indicated Mineral Resources 34 Mt at 2.66% Cu plus Inferred Mineral Resources of 612 Mt at 1.80% Cu (MSO method, 1.0% cut-off)

Platreef Mine

PGMs (Platinum, Palladium, Rhodium, Gold)· Limpopo Province, South Africa· Development
Feasibility
Mar 2025
AISC599 USD/oz 3PE+Au (Phase 2 total cash cost)
Annual Production450 koz 3PE+Au (Phase 2, expected from Q4 2027)
Head Grade~4 g/t 4PE + 0.3% Ni + 0.2% Cu
Mine TypeUnderground
Ownership64%

Platreef Mine (Flatreef)

PGMs (Platinum, Palladium, Rhodium, Gold)· South Africa (Limpopo, Northern Limb of Bushveld)· Development
Feasibility
Mar 2025
AISC599 USD/oz 3PE+Au (Phase 2 total cash cost)
Annual Production450 koz 3PE+Au (Phase 2, plus ~9 kt Ni and ~6 kt Cu)
Head Grade~4 g/t 4PE + 0.3% Ni + 0.2% Cu (Indicated Resource, cumulative T1 plus T2 zones, 2g/t 4PE cut-off)
Mine TypeUnderground
Ownership64%
Mineral Resources
Indicated Mineral Resource, cumulative T1 plus T2 zones, 2 g/t 4PE cut-off (no tonnage/grade totals stated in this document)

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

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Financial Metrics

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Frequently Asked Questions

What does Ivanhoe Mines Ltd. mine?
Ivanhoe Mines Ltd. is focused on Copper, Gold, Zinc.
What is Ivanhoe Mines Ltd.'s flagship project?
Platreef Mine, a development-stage project in Limpopo Province, South Africa.
How many projects does Ivanhoe Mines Ltd. have?
We track 11 projects with extracted technical and economic data for Ivanhoe Mines Ltd.

Press Releases

PRESS RELEASE

A Look At Ivanhoe Mines (TSX:IVN) Valuation After Seismic Event And 25% Reserve Cut

Ivanhoe Mines (TSX:IVN) has reset expectations at its Kamoa Kakula Copper Complex after a 2025 seismic event, cutting 2026 and 2027 production guidance and publishing an independent technical report showing a 25% reduction in Mineral Reserves. See our latest analysis for Ivanhoe Mines. The share price has been under pressure despite a 1-year total shareholder return of 1.37%, with a 30-day share price return showing an 18.66% decline and a 90-day share price return showing a 31.79% decline...

Yahoo Finance4/10/2026
PRESS RELEASE

Discover 3 TSX Growth Companies With Strong Insider Ownership

As the Canadian market navigates through the turbulence caused by geopolitical tensions and oil price fluctuations, investors are closely watching how these factors influence economic growth and inflation. Amidst this backdrop, identifying growth companies with strong insider ownership can be a strategic approach, as insiders with significant stakes often align their interests with shareholders, potentially offering resilience in uncertain times.

Yahoo Finance45 minutes ago
PRESS RELEASE

Ivanhoe Mines Ltd. (IVPAF) Q4 Earnings Match Estimates

Ivanhoe Mines Ltd. (IVPAF) delivered earnings and revenue surprises of +6.67% and -19.20%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?

Yahoo Finance2/19/2026
PRESS RELEASE

Ivanhoe Mines Closes US$500 Million Strategic Private Placement with Qatar Investment Authority

Toronto, Ontario--(Newsfile Corp. - September 29, 2025) - Ivanhoe Mines Ltd. (TSX: IVN) (OTCQX: IVPAF) announces that the company has closed the private placement offering with Qatar Investment Authority (QIA), as previously announced on September 17, 2025.In accordance with the offering, Ivanhoe Mines has issued 57,516,666 common shares to QIA at a price of C$12.00 per share. Pursuant to the investor rights agreement between the company and Zijin Mining Group Co. Ltd., Zijin has exercised its..

Yahoo Finance9/29/2025
PRESS RELEASE

Ivanhoe Mines to Raise US$500 Million From Qatar Investment Authority in Private Placement

Ivanhoe Mines (IVN.TO) said Wednesday it will raise US$500 million from Qatar Investment Authority (

Yahoo Finance9/17/2025

Quick Facts

Ticker Symbol
IVN
Market Cap
Large Cap
Category
Copper
Commodities
Copper, Gold, Zinc
Headquarters
Vancouver, Canada
Founded
1993
Employees
~4,000

Operating Countries

DRCSouth Africa

Producing Assets

  • •Kamoa-Kakula (DRC)

Development Assets

  • •Kamoa-Kakula Phase 3 (DRC)
  • •Platreef (South Africa)
  • •Kipushi (DRC)

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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