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.

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

Platreef Mine

PGMs (Platinum, Palladium, Rhodium, Gold)· South Africa (Northern Limb, Bushveld)· Development
Feasibility
Mar 2025
Head Grade~4 g/t 4PE + 0.3% Ni + 0.2% Cu
Mine TypeUnderground (mechanized, long hole stoping / drift and fill)
Ownership64%
Mineral Resources
Indicated mineral resource (T1+T2 zones, 2g/t 4PE cut off): Flatreef deposit

Kipushi Mine

Zinc· Democratic Republic of the Congo (DRC)· Production
Feasibility
Mar 2022
Head Grade37.0% Zn (Q1 2026)
Recovery90.6%
Ownership62%

Kamoa-Kakula Copper Complex

Copper· Democratic Republic of the Congo (DRC)· Production
Annual Production290,000 t Cu
Head Grade2.3% Cu (Kamoa mines area Q2 2026 mining rate); ~3.5% Cu (Kakula H2 2026)
Mine TypeUnderground
Ownership39.6%
Contained Metal33.8 Mt Cu (M&I); 6.1 Mt Cu (Inferred)
Mineral Reserves
Probable Mineral Reserve: 466 Mt at 2.82% Cu containing 13.1 Mt Cu (Dec 31, 2025, 100% basis)
Mineral Resources
Measured & Indicated: 33.8 Mt Cu at 2.65% Cu; Inferred: 6.1 Mt Cu at 1.82% Cu (2025)

Western Forelands Exploration Project

Copper· Democratic Republic of the Congo (DRC)· Exploration
Resource Estimate
Ownership60%
Mineral Resources
Makoko District: Indicated 27.7 Mt at 2.79% Cu; Inferred 493.7 Mt at 1.70% Cu (1.0% Cu cut-off)

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.

Financial Metrics

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Press Releases

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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